Social Value Creation of Social Entrepreneurship: An Empirical Analysis

Abstract

Although the importance of social entrepreneurship received growing attention from both scholars and practitioners as an alternative for the traditional public sector organizations, previous studies were too focused on the definition of social entrepreneurship and most of those studies were done as a case study. This paper hopes to fill the gap in the field of social entrepreneurship study by introducing alternative data source B-corporations and conduct an empirical study to test the result from previous studies on quantitative measure. By defining performance of social entrepreneurship as a social value creation, this study aimed to find out the factors that influence the social value creation. Result of this study implies that it is better for social entrepreneurship to focus on single social value rather than try to solve various social problems simultaneously and there are limitations on traditional accounting practice on measuring social entrepreneurships value creation.