Sustainable development of community via business entity; special reference to community interest company

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collectionurl https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072
date 2017-07-30 16:36:47
eventvenue Fatoni University, Pattani
format Restricted Document
id 6744
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originalfilename 0654-01-FH03-FUHA-17-09465.jpg
person norman
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resourceurl https://intelek.unisza.edu.my/intelek/pages/view.php?ref=6744
spelling 6744 https://intelek.unisza.edu.my/intelek/pages/view.php?ref=6744 https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072 Restricted Document Conference Conference Paper image/jpeg inches 96 96 norman 35 35 790 2017-07-30 16:36:47 650 790x650 0654-01-FH03-FUHA-17-09465.jpg UniSZA Private Access Sustainable development of community via business entity; special reference to community interest company Social entrepreneurship is one of the mechanisms lo overcome social or community's economic issues and to achieve sustainable development of a country. In the Southeast region, the use of business entities is mainly focus on private commercial gains. Only charitable based business entities and foundations are used to cater the economic issues of the community. In the United Kingdom , an interesting business entity known as community interest company (CIC) was introduced in 2005 to inculcate and promote social entrepreneurship among the people. CIC was introduced to address lack of vehicle to carry out non-charitable social enterprises. Generally, CICs are normal limited companies. However, different from the objectives of commercial companies, the objective of CIC is to benefit the community rather than private shareholders. In CIC, the company's assets are "locked" and could only be used for its social objectives. It is apparent that as people in all Southeast Asia's countries are mainly family-knit and 5th International Seminar On Law & Society Fatoni University, Pattani
spellingShingle Sustainable development of community via business entity; special reference to community interest company
summary Social entrepreneurship is one of the mechanisms lo overcome social or community's economic issues and to achieve sustainable development of a country. In the Southeast region, the use of business entities is mainly focus on private commercial gains. Only charitable based business entities and foundations are used to cater the economic issues of the community. In the United Kingdom , an interesting business entity known as community interest company (CIC) was introduced in 2005 to inculcate and promote social entrepreneurship among the people. CIC was introduced to address lack of vehicle to carry out non-charitable social enterprises. Generally, CICs are normal limited companies. However, different from the objectives of commercial companies, the objective of CIC is to benefit the community rather than private shareholders. In CIC, the company's assets are "locked" and could only be used for its social objectives. It is apparent that as people in all Southeast Asia's countries are mainly family-knit and
title Sustainable development of community via business entity; special reference to community interest company
title_full Sustainable development of community via business entity; special reference to community interest company
title_fullStr Sustainable development of community via business entity; special reference to community interest company
title_full_unstemmed Sustainable development of community via business entity; special reference to community interest company
title_short Sustainable development of community via business entity; special reference to community interest company
title_sort sustainable development of community via business entity; special reference to community interest company