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Social Enterprises in Asia - A New Legal Form (Hardcover)
Loot Price: R2,379
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Social Enterprises in Asia - A New Legal Form (Hardcover)
Series: International Corporate Law and Financial Market Regulation
Expected to ship within 12 - 17 working days
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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.
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