Profit with Purpose? A Theory of Social Enterprise

A-Tier
Journal: American Economic Journal: Economic Policy
Year: 2017
Volume: 9
Issue: 3
Pages: 19-58

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

When social benefits cannot be measured, an organization that selects managers based on pro-social motivation can be used to balance profits with a social purpose. This paper develops a model of social enterprise based on selection of citizen-managers to run firms with flexible missions. We analyze organizational choice between social enterprise, for-profits, and nonprofits. The paper also develops the implications of matching between founders and managers based on their preferences for the mission.

Technical Details

RePEc Handle
repec:aea:aejpol:v:9:y:2017:i:3:p:19-58
Journal Field
General
Author Count
2
Added to Database
2026-01-24