Social Enterprise, Corporate Objectives, and the Corporate Governance Narrative

Blount, Justin; Nunley, Patricia

doi:10.1111/ablj.12045

Cited by 5 publications

(3 citation statements)

References 40 publications

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“…The combination between profit, efficiency and socio-political objectives on this study indicates the potential conflicting which significantly effects the SOEs financial performance. Focusing the term of corporate objectives as the what the company aims to achieve or maximize (Blount and Nunley, 2015), these objectives are the things that SOEs are going to accomplish. As shown on the previous section, the results of combination between economic and socio-political objectives indicate that the requirement to fulfill the socio-political expectation are stronger.…”

Section: Discussionmentioning

confidence: 99%

THE IMPACTS OF GOVERNMENT AND MANAGEMENT CONFLICTING OBJECTIVES ON THE STATE-OWNED ENTERPRISES (SOEs) PERFORMANCES: THE CASE OF INDONESIA PUBLICLY LISTED SOEs

Fitriningrum

2020

JAM

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Paper is aimed to examine the impacts of conflicting objectives on the StateOwned Enterprises (SOEs) performance. The study motivated by the potential differences between government as the shareholders and management as the operator of SOEs. Government as shareholders may include politician, bureaucrats, and other government’s agents or ministry who have different interests and objectives toward SOEs. The government objectives are mainly dominated by socio-economic expectations. Meanwhile, management may bring his/her own interest and objectives which dominated by market and economic expectation. The conflict may appear and affect the performance. Using the case of the Indonesia public listed SOEs, this study examines in the extent to which the conflicting objectives between government and management stated objectives affect the performance; and which objectives dominate the business. The Statistic tools are used to examine the impacts of government and management conflicting objectives on SOEs performance during the period 0f 2004 to 2018. The period is selected particularly to see whether the changes of political regime contribute to the conflicting objectives. The study indicates that government objectives dominate the business activities which significantly affect the performance of SOEs.

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Section: Discussionmentioning

confidence: 99%

THE IMPACTS OF GOVERNMENT AND MANAGEMENT CONFLICTING OBJECTIVES ON THE STATE-OWNED ENTERPRISES (SOEs) PERFORMANCES: THE CASE OF INDONESIA PUBLICLY LISTED SOEs

Fitriningrum

2020

JAM

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“…This provision has become an integral part of legislation and business. Relevant issues are the subject of a separate area of research [3,4].…”

Section: Methodsmentioning

confidence: 99%

Risk-Based Approach in Control and Supervisory Activities in the Field of Business

Pakharukov¹,

Afanasieva²,

Bondareva³

2020

Proceedings of the International Session on Factors of Regional Extensive Development (FRED 2019)

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The article analyzes the regulatory framework for the regulation of control and supervisory activities of business on the basis of materials of the Russian legislation and practice of its application. The authors tried to bring the general theoretical issues as close as possible to the existing problems arising in the course of the risk-based approach in the organization of state control (supervision), to give a detailed description of the warning about the inadmissibility of violation of mandatory requirements.

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“…1 to co-operatives to SEs, such that social goals become more important as one progresses, even though financial goals continue to play an important role. Presently, there is no universal definition of 'SE' (Blount and Nunley, 2015;Lyon and Supelveda, 2009;Young and Lecy, 2014). The European Commission has operationalised a working definition incorporating three aspects, namely, the financial, social and corporate governance (CG) dimensions (Defourny, 2001;Galera and Borzaga, 2009).…”

Section: Introductionmentioning

confidence: 99%

The Applicability of the Social Enterprise in a Small State: The Case of Malta**

Baldacchino¹,

Farrugia²,

Grima³

2017

JCGIRM

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The main objective of this study is to assess the social, financial and corporate governance (CG) implications of the proposed social enterprise (SE) legislation in Malta. In light of such implications, the study also assesses the applicability of the SE under such legislation. A mixed methodology was adopted. Fifteen interviews were held with experts. Such data was supplemented by 52 valid responses to a questionnaire sent both to co-operatives and voluntary organisations (VOs) in Malta. The study concludes that the proposed legislation has various positive social, financial and CG implications and that the SE, as being proposed, is applicable and filling a void within the Maltese environment. Although such legislation offers both a new legal form and a label, its reference to the Companies Act which ignores SEs’ unique social dimension is questionable. Alternatively, a holistic SE regulatory framework may be developed. Furthermore, statutory thresholds, such as for dividend distribution and trade income, are to be possibly rendered more flexible. This study aspires to raise awareness about the implications of a proposed regulatory framework in Malta, hence hopefully promoting the application of the concept.

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Social Enterprise, Corporate Objectives, and the Corporate Governance Narrative

Cited by 5 publications

References 40 publications

THE IMPACTS OF GOVERNMENT AND MANAGEMENT CONFLICTING OBJECTIVES ON THE STATE-OWNED ENTERPRISES (SOEs) PERFORMANCES: THE CASE OF INDONESIA PUBLICLY LISTED SOEs

THE IMPACTS OF GOVERNMENT AND MANAGEMENT CONFLICTING OBJECTIVES ON THE STATE-OWNED ENTERPRISES (SOEs) PERFORMANCES: THE CASE OF INDONESIA PUBLICLY LISTED SOEs

Risk-Based Approach in Control and Supervisory Activities in the Field of Business

The Applicability of the Social Enterprise in a Small State: The Case of Malta**

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