Social Enterprise: Identities and Legalities

Private Economy
LEGAL FORMS
& KEY CONCEPTS
Public Limited Company Limited
Company (plc) By Shares (CLS)
va l
n

POPULAR
no ia
tio
In Soc

y TERMS Ma
nom rke

So v a t
In
co tE

no
dE

ci a i o n
Public-Private co Limited Liability
xe no

l
Mi
Partnership my Partnership
Public Private (LLP)
Partnership
Company Company
"Partnership"
Self-Employment Company
Private Finance (CLS)

Coo
Initiative (PFI)
SOCIAL Worker

per
Industrial &
Public IDENTITIES Cooperative Provident

a
tive
Authority Society
Owners Entrepreneurs (IPS)
Central Employee

Social Economy
M
Private Investors Managers
Ownership

ove
Government Employee
Public Sector

Public Bodies

Workers Benefit Trust

m
General Fair Trade (EBT)

ent
Unitary Public Producers Company
Authority Statutory Social Employee
(Voters) Share
Authority Enterprise Employees Marketing Ownership
Service

s
Cooperative Trust (ESOT)

tion
Users Consumers
Consumer

nisa
Local Authority Mutual
District Social Investors Cooperative Society
Council Community

a
Org
Beneficiaries Groups
Church Trade Friendly
Volunteers Union ual Society
Foundation
Mut

Exempt Community
Trust Development "Surplus
Charity Community Enterprise
Trust t Sharing"
Benefit Society s
Ch Social re Company
ar nte (CLS / IPS)
ita Campaigning Firm I
y ie s
Charitable ble Charity pan pan
Incorporated St Association m m Community
Organisation atu Co Co Interest
s Trading
va l
n

(CIO)
no ia

Company (CIC)
tio

In Soc
In Soc

Charity Company Limited

no ia Registered
va l by Guarantee
tio Charity (CLG)
n Charitable Industrial & Unincorporated
Company (CLG) Provident Society Associations
(BENCOM)

Voluntary Action
"We argue that social enterprises mix the economic principles of market, redistribution and reciprocity, and
hybridize their three types of economic exchange so that they work together rather than in isolation from each
other."
Nyssens, M., (2006) Social Enterprise at the Crossroads of Market, Public and Civil Society, London: Routledge., p. 318.

"[Social enterprise is ideally] at the overlap of all sectors. It replaces public, private and third sector competition
with a democratic multi-stakeholder model. All interests in a supply chain are acknowledged to break down
barriers to social change."
Ridley-Duff, R. J., Bull, M. and Seanor, P. (2009) Understanding Social Enterprise: Theory and Practice, London: Sage, Chapter 3.

© Rory Ridley-Duff, 2009. This document may be reproduced for the purposes of learning and teaching