Should New Zealand adopt hybrid social enterprise legislation?
No Thumbnail Available
Open Access Location
Authors
Barrett, J.
Keywords
Social enterprise
Legislation
Legislation
Description of form
Publisher
Rights
Rights holder
Issue Date
2013-12
Peer-reviewed status
Type
Article
Abstract
In response to the emergence of the social enterprise phenomenon, many jurisdictions have enacted legislation to permit formation
of entities that incorporate features of both companies and traditional charities. This article considers whether New Zealand should
adopt similar legislation. After outlining the concept of social enterprise, the article sketches hybrid social enterprise companies in
the United Kingdom and the United States, and weighs up arguments for and against them. Consideration is then given to the
desirability of social enterprise hybrid legislation in New Zealand and the factors that would need to be present to make such a law
viable. It is concluded that calls for such legislation would be premature in New Zealand.
Citation
Barrett, J. (2013) Should New Zealand adopt hybrid social enterprise legislation? New Zealand Business Law Quarterly, 19(4), 253-269.