TY - BOOK ID - 118326368 TI - Social enterprises in Asia : a new legal form PY - 2023 SN - 1108952305 1108937314 1108838154 PB - Cambridge, United Kingdom ; New York, NY : Cambridge University Press, DB - UniCat KW - Business enterprises KW - Social responsibility of business KW - Nonprofit organizations KW - Social entrepreneurship KW - Entrepreneurship KW - Corporations, Nonprofit KW - Non-profit organizations KW - Non-profit sector KW - Non-profits KW - Nonprofit sector KW - Nonprofits KW - Not-for-profit organizations KW - NPOs KW - Organizations, Nonprofit KW - Tax-exempt organizations KW - Associations, institutions, etc. KW - Business KW - Corporate accountability KW - Corporate responsibility KW - Corporate social responsibility KW - Corporations KW - CSR (Corporate social responsibility) KW - Industries KW - Social responsibility, Corporate KW - Social responsibility of industry KW - Business ethics KW - Issues management KW - Business organizations KW - Businesses KW - Companies KW - Enterprises KW - Firms KW - Organizations, Business KW - Law and legislation KW - Social responsibility KW - Social aspects UR - https://www.unicat.be/uniCat?func=search&query=sysid:118326368 AB - Social enterprises are regarded as a vital solution to the pressing problem of socio-economic inequality and play a crucial role in the delivery of public goods and services. Ernest Lim argues that social enterprises in four leading Asian jurisdictions - India, Hong Kong, Singapore and Malaysia - should have a new legal form. This entails advancing a nuanced and comprehensive framework consisting of five criteria: (1) corporate purpose; (2) directors' duties; (3) decision-making powers; (4) reporting, impact measurement and certification; and (5) distribution of dividends, assets, and tax benefits. This invaluable work demonstrates that the existing legal forms in common law Asia, the UK and the US do not properly address the various conflicts of interest affecting social enterprises. An essential read for those interested in understanding and evaluating the laws and regulations on social enterprises, as well as designing and implementing creative ones to protect and promote these important businesses. ER -