Abstract

https://ssrn.com/abstract=2560483
 


 



Benefit Corporation Legislation and the Emergence of a Social Hybrid Category


Hans Rawhouser


Lee Business School - University of Nevada Las Vegas

Michael E. Cummings


University of Nevada, Las Vegas - College of Business

Andrew Crane


University of Bath - School of Management

February 4, 2015

California Management Review, Vol. 57 No. 3, Spring 2015; (pp. 13-35) DOI: 10.1525/cmr.2015.57.3.13

Abstract:     
Previous research highlights the tensions that social hybrids face by spanning categories. This paper explores the emergence of legislation to support a new category for social hybrids, focusing on Benefit Corporation legislation in the United States. We present quantitative analysis of the state-level factors that make a state suitable for a social hybrid category (attractiveness for for-profit business and non-profits, existing social hybrid organizations, legislative intensity, political leanings) followed by qualitative analysis of the arguments marshaled for the creation of the Benefit Corporation legal form. Our findings raise important insights for research on social hybrids and suggest a range of practical implications.

Keywords: social hybrid organizations, public policy, legal aspects of business, nonprofits


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Date posted: February 5, 2015 ; Last revised: October 17, 2015

Suggested Citation

Rawhouser, Hans and Cummings, Michael E. and Crane, Andrew, Benefit Corporation Legislation and the Emergence of a Social Hybrid Category (February 4, 2015). California Management Review, Vol. 57 No. 3, Spring 2015; (pp. 13-35) DOI: 10.1525/cmr.2015.57.3.13. Available at SSRN: https://ssrn.com/abstract=2560483

Contact Information

Hans Rawhouser (Contact Author)
Lee Business School - University of Nevada Las Vegas ( email )
4505 S. Maryland Parkway
Las Vegas, NV 89154
United States
702-895-1768 (Phone)
702-895-4370 (Fax)
HOME PAGE: http://www.unlv.edu/people/hans-rawhouser
Michael E. Cummings
University of Nevada, Las Vegas - College of Business ( email )
United States
Andrew Crane
University of Bath - School of Management ( email )
Claverton Down
Bath, BA2 7AY
United Kingdom
HOME PAGE: http://www.bath.ac.uk/management/faculty/andrew-crane.html
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