We use cookies to enhance your experience on our website. By continuing to use our website, you are agreeing to our use of cookies. You can change your cookie settings at any time. Find out more

Oxford University Press is a department of the University of Oxford. It furthers the University's objective of excellence in research, scholarship, and education by publishing worldwide.

Print Price: $55.00

Format:
Hardback
208 pp.
6.125" x 9.25"

ISBN-13:
9780190249786

Publication date:
October 2017

Imprint: OUP US


Social Enterprise Law

Trust, Public Benefit and Capital Markets

Dana Brakman Reiser and Steven A. Dean

Social enterprises represent a new kind of venture, dedicated to pursuing profits for owners and benefits for society. Social Enterprise Law provides tools that will allow them to raise the capital they need to flourish.

Social Enterprise Law weaves innovation in contract and corporate governance into powerful protections against insiders sacrificing goals such as environmental sustainability in the pursuit of short-term profits. Creating a stable balance between financial returns and public benefits will allow social entrepreneurs to team up with impact investors that share their vision of a double bottom line. Brakman Reiser and Dean show how novel legal technologies can allow social enterprises to access capital markets, including unconventional sources such as crowdfunding. With its straightforward insights into complex areas of the law, the book shows how a social mission can even be shielded from the turbulence of an acquisition or bankruptcy. It also shows why, as the metrics available to measure the impact of social missions on individuals and communities become more sophisticated, such legal innovations will continue to become more robust.

By providing a comprehensive survey of the U.S. laws and a bold vision for how legal institutions across the globe could be reformed, this book offers new insights and approaches to help social enterprises raise the capital they need to flourish. It offers a rich guide for students, entrepreneurs, investors, and practitioners.

Readership : Undergraduate and graduate stuedents in business, prelaw, law, and public policy; transactional lawyers; social entrepreneurs; and impact investors.

Introduction: Social Enterprise Law 2.0
1. The Social Enterprise Trust Deficit
2. Prioritizing Mission with a Mission-Protected Hybrid (MPH)
3. Evaluating the Current Menu of Legal Forms for Social Enterprise
4. From Form to Finance
5. The Holy Grail of Retail Investment
6. The Promise of Metrics
7. Social Enterprise Exits
Conclusion

There are no Instructor/Student Resources available at this time.

Professor Brakman Reiser has been teaching and writing about social enterprise and nonprofit law as a member of the Brooklyn Law School faculty since 2001. She was an Associate Reporter for the American Law Institute's Principles of the Law of Nonprofit Organizations and is a graduate of Harvard Law School.

Professor Dean joined the faculty at Brooklyn Law School after practicing transactional law at two global law firms. He is a co-author of forthcoming book Federal Taxation of Corporations and Corporate Transactions and is a graduate of Yale Law School

Making Sense - Margot Northey and Joan McKibbin
New Frontiers of Philanthropy - Lester M. Salamon
Corporate Social Responsibility: A Very Short Introduction - Jeremy Moon

Special Features

  • Controversial thesis: law can make corporations better citizens and make it easier for start-ups to raise capital by preventing insiders from selling out a social mission for increased profit.
  • Timely analysis: explores potential impact of new crowdfunding rules and increasingly popular hybrid legal forms such as the benefit corporation on the ability of start-ups to raise capital.
  • Provocative solutions: several chapters show how corporate governance, contract and even tax law can be harnessed to balance public good against private greed.