A New Form of Business Entity is Needed to Promote Social Entrepreneurship: The Not-for-Loss Corporation

Business, Entrepreneurship & the Law, Vol. 1, p. 1, 2007

25 Pages Posted: 8 Feb 2013  

Jay Milbrandt

Pepperdine University School of Law

Date Written: January 1, 2007

Abstract

The tradition distinction between the nonprofit and for-profit corporation is decaying, creating space and demand for a new, hybrid corporate entity to promote social entrepreneurship. The non-profit model struggles to raise money and innovate because it provides no return to its investors. the for-profit model only encourages investment when there can be significant financial profit. This article proposes a "not for loss" corporation which would combine non-profit tax advantages with the ability to provide a capped returned on investment investors.

Keywords: nonprofit, for-profit, non-profit, corproration, social, entrepreneurship, business, investment, return, tax

Suggested Citation

Milbrandt, Jay, A New Form of Business Entity is Needed to Promote Social Entrepreneurship: The Not-for-Loss Corporation (January 1, 2007). Business, Entrepreneurship & the Law, Vol. 1, p. 1, 2007. Available at SSRN: https://ssrn.com/abstract=2202358

Jay Milbrandt (Contact Author)

Pepperdine University School of Law ( email )

24255 Pacific Coast Highway
Malibu, CA 90263
United States

HOME PAGE: http://www.JayMilbrandt.com

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