In the last two decades social entrepreneurship has emerged as a new innovative approach for solving social challenges in many countries. Having in mind that for a long period of time Macedonia has been facing a deteriorating social situation with high levels of poverty and unemployment, the paper is focused on an analysis of the latest trends in the development of the concept, as well as the possibilities for its implementation in the country. Although some elements of social entrepreneurship have existed in the former Yugoslavia, the Macedonian legal framework for this concept has not been established yet. However, there have been a number of best practices, both formal and informal, in the country, and these have been examined in this paper. Finally, based on the comparative experiences, as well as the existing domestic practice, the authors offer recommendations for drafting a legal framework for incorporation of the concept in Macedonia.

In their paper the authors take North Macedonia as a country case study in terms of its company law harmonization with the relevant EU acquis. The significance of this analysis can be reflected in the fact that in the current period a new Law on Companies is being drafted. The aim of this paper is to identify and narratively explain the expectations regarding the adoption of the new Company Law, especially regarding introducing more shareholders' rights in order shareholders' democracy and sustainability to be improved. In that sense, a cross-section analyses will be made regarding current national state of art versus latest EU legislation which is expected to be included in the new Law.

and the Netherlands, as well as countries from the region, such as Serbia, Croatia and Montenegro. The Macedonian judicial experience in this area is analyzed in both periods of development, the period before the abolition of the commercial courts and the period after their abolition.