Research Overview The general business patterns associated with social entrepreneurial (SE) practice emphasize double and triple bottom line social, environmental, and business reporting more than ever before. This is due largely to...
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The general business patterns associated with social entrepreneurial (SE) practice emphasize double and triple bottom line social, environmental, and business reporting more than ever before. This is due largely to higher expectations among investors, consumers and communities. Greater importance is being placed on transparent business practices with more comprehensive social, environmental and financial accountability.
One promising reporting entity, the newly established “B-Corporation,” focuses on rating the SME’s numerically based upon their leadership, environmental friendliness, and consumer and community indices (B-Corporation, 2010). The B-Corporation membership is voluntary with an opt-in certification that helps the consumer distinguish true "good companies" from simply “good marketing” (Timbers, 2010). The qualifying companies are social enterprises by nature devoted to social causes and reporting while turning a profit.