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Transcript of Creative_zone
Social Enterprise (SE)
Non-Governmental Organization (NGO)
Corporate Social Responsibility
Enterprise – Self sustaining (production of products or providing services) & Risk
Reinvesting financial returns
Case: Café 330
Social support (e.g. CUHK rent-free)
Social burden (Employee Training Benefit
Neither a part of a government nor conventional for-profit businesses
Funding themselves through donations
Problem – Mission Drift
Richmond Fellowship HK
Founded in 1984, Non-profit making registered charity
Funding: Government/ Donations/Fees / Community Chest…
25 Centers in HK
Profit- Oriented and maximizing stakeholders’ return
Legal person by law (legal entity)
CSR: commitment by corporations to contribute to sustainable development
CSR vision of “Making the World a Better Place”
Select, Sort, Deliver
Clothes For Smiles Project:
A fund of One billion yen to bring hope for children all over the world
SE is a hybrid of NGO and CE.
Get this template from:
Originated in response to social and economic problems since late 20th century
Increasing unemployment rate
Low public awareness of the enterprise and its products/services (50.0%)
of the survey respondents cite
as the support most desired.
Not much support from the private enterprises
Reluctance in investing in SE
Poor Understanding of Social Enterprise
To publicize their businesses
To attract customers/ investors
To build consumer confidence.
E.g: Hong Kong Brands and Products Expo Fair; Hong Kong Book Fair
Share resources & business know-how
Faster & higher successful rate
Public Sector Procurement
Korea & US
Assigning 5% of the government spending in SE
Strengthen customers/investors confidence
SE is in between.
SE lacks clear definition and recognition.
Major function is
Truth of an attribute of an entity
Ensuring a product is what it claims to be
in the certified entity
No official certification system of SE in Hong Kong
Some SE may obtain international certificates in specialized area
Difficulty in finding finance channel
Source： Hong Kong Social enterprise landscape study 2012-2013
Not Diversified Enough
Re-investment of a proportion of profits
Accountability and disclosure requirements.
Ensure fulfillment of the social obligations
Centralized Marketing Strategy
Introduce an Certification Scheme
Survey question 10.
Social Enterprise is a new type of Corporate Social Responsibility.
Lack of Legal Framework
Tax on company’s net income
Director’s duty of care
Absence of a designated bureau or department to formulate an overall strategy
Social Enterprises Support Unit
One-stop integrated unit
Oversight, regulation and promotion of SE development
Coordination with other departments
Avoid duplication of supporting services
Legal & Administrative
"Can I at least get back my capital?"
Analyze of Co-operative
Corporate Social Responsibility: Evolution of a Definitional Construct,
Archie B. Carroll Business Society 1999 38: 268
Corporate Social Responsibility: Strategic Implications,
Abagail McWilliams, Donald S. Siegel and Patrick M. Wright Journal of Management Studies 2006 43:1
Corporate Social Responsibility and the Social Enterprise
, Adrian Woods and James Wallace, Journal of Business Ethics, 81: 2
REPORT ON DEVELOPMENT OF SOCIAL ENTERPRISE
Social Enterprises in Hong Kong, 2013, Bauhinia Foundation Research Center
SE commonly established as
Subsidiaries of NGO
Restriction on charitable purposes
Stage of Development
: social enterprise account for 1% of GDP
: much less scale and impact
Less restrictive -----> More standardized
Create new legal forms
Specify goals, activities, constraints, governance assets, and incentives.
Italian Law 381 of 1991
France/ Korea/ Portugal/ Poland
Structural & Mission characteristics that could be satisfied by existing legal form.
The pursuit of social interests
Distribution of profits