REVIEW OF LIABILITY COMPANIES IN THE FORM OF SOCIAL ENTERPRISE
- Authors
-
-
Zaskia Bunga Wantoro
Muhammadiyah University of SurakartaAuthor -
Ganesh Lakshita Sekar Haruna
Muhammadiyah University of SurakartaAuthor -
Angelina Pancawati
Muhammadiyah University of SurakartaAuthor -
Hafidz Maulana Ramaji
Muhammadiyah University of SurakartaAuthor
-
- Keywords:
- Company, Limited Liability Company, Social Enterprise
- Abstract
-
Progress social enterprise As a business model that integrates economic goals and social objectives pose normative challenges in corporate law, especially when the Limited liability Company is used as its legal platform. In Indonesia, the legal regime of the Company is limited profit oriented, up to search not yet fully capable of accommodating the dual purpose character attached to it social enterprise.
This condition raises the normative tension between the company’s profit orientation and the company’s social mission.
This research aims to analyze the concept of limited-form companies social enterprise In Indonesian law and law, it examines the normative tension between profit orientation and social goals. This research uses normative legal research methods with a statutory and conceptual approach. The results of the research show that the law of limited liability companies has not given explicit normative recognition to social enterprise, thus, the social purpose does not have a position equal to the interests of the company. As a result, there is legal uncertainty in the determination of the company’s interests and the fiduciary obligations of the directors. This research confirms the need for the reconstruction of corporate law in order to be able to accommodate social enterprise justice and justice.
- References
-
Battilana, J., & Lee, M. (2020). Advancing research on hybrid organizing: Insights from the study of social enterprises. Academy of Management Annals, 14(1), 397–441. https://doi.org/10.5465/annals.2018.0121
Battilana, J., Sengul, M., Pache, A. C., & Model, J. (2021). Harnessing productive tensions in hybrid organizations. Academy of Management Journal, 64(1), 1–28. https://doi.org/10.5465/amj.2018.1315
Bianchini, L., & Pellegrini, M. M. (2022). Social enterprises as hybrid organizations: A systematic literature review. Journal of Business Research, 139, 1107–1120. https://doi.org/10.1016/j.jbusres.2021.10.063
Brammer, S., Branicki, L., Linnenluecke, M., & Smith, T. (2021). Grand challenges in management research. Academy of Management Journal, 64(2), 375–403. https://doi.org/10.5465/amj.2019.0842
Defourny, J., & Nyssens, M. (2021). Social enterprise in Europe: Recent trends and developments. Social Enterprise Journal, 17(1), 1–14. https://doi.org/10.1108/SEJ-11-2020-0086
European Commission. (2020). Social enterprises and their ecosystems in Europe. Publications Office of the European Union.
Freeman, R. E., Phillips, R., & Sisodia, R. (2020). Tensions in stakeholder theory. Business & Society, 59(2), 213–231. https://doi.org/10.1177/0007650318773750
Haski-Leventhal, D., Pournader, M., & McKinnon, A. (2021). Social enterprise and corporate responsibility. Journal of Business Ethics, 170(3), 531–548. https://doi.org/10.1007/s10551-019-04368-7
Hörisch, J., Freeman, R. E., & Schaltegger, S. (2020). Applying stakeholder theory in sustainability management. Organization & Environment, 33(2), 151–174. https://doi.org/10.1177/1086026619845386
Kerlin, J. A. (2020). Social enterprise and hybrid organizations. Voluntas, 31(4), 617–630. https://doi.org/10.1007/s11266-020-00248-3
Laasch, O., &Pinkse, J. (2020). The future of corporate sustainability. Journal of Business Ethics, 164(1), 1–14. https://doi.org/10.1007/s10551-020-04480-3
Mair, J., Mayer, J., & Lutz, E. (2021). Navigating institutional plurality. Organization Studies, 42(2), 217–241. https://doi.org/10.1177/0170840619885417
OECD. (2020). Social economy and the COVID-19 crisis. OECD Publishing.
Pache, A. C., & Santos, F. (2021). Embedded hybridity. Academy of Management Review, 46(2), 274–298. https://doi.org/10.5465/amr.2018.0414
Porter, M. E., & Kramer, M. R. (2020). Creating shared value. Harvard Business Review, 98(1), 62–77.
Rawhouser, H., Cummings, M., & Crane, A. (2020). Benefit corporation legislation and social enterprise. Academy of Management Perspectives, 34(2), 157–171. https://doi.org/10.5465/amp.2018.0065
Republik Indonesia. (2020). Undang-UndangNomor 11 Tahun 2020 tentang Cipta Kerja.
Republik Indonesia. (2021). PeraturanPemerintahNomor 47 Tahun 2012 tentangTanggung Jawab Sosial dan Lingkungan Perseroan Terbatas (konsolidasiterbaru).
Santos, F., Pache, A. C., & Birkholz, C. (2020). Making hybrids work. California Management Review, 62(2), 5–30. https://doi.org/10.1177/0008125619896081
Schaltegger, S., Beckmann, M., &Hockerts, K. (2021). Collaborative entrepreneurship for sustainability. Journal of Business Ethics, 173(1), 1–17. https://doi.org/10.1007/s10551-020-04636-z
Sihombing, R., & Nugroho, R. (2021). CSR dalamperspektifhukumperusahaan Indonesia. Jurnal Hukum IUS QUIA IUSTUM, 28(2), 265–286.
Smith, W. K., &Besharov, M. L. (2020). Structured flexibility and organizational hybridity. Administrative Science Quarterly, 65(1), 1–44. https://doi.org/10.1177/0001839218793212
Sundaram, A. K., & Inkpen, A. C. (2021). Corporate objective revisited. Organization Science, 32(2), 401–417. https://doi.org/10.1287/orsc.2020.1372
United Nations. (2020). The Sustainable Development Goals Report. UN Publications.
Villani, E., Greco, L., & Phillips, N. (2022). Value creation in hybrid organizations. Academy of Management Review, 47(2), 318–341. https://doi.org/10.5465/amr.2019.0281
Wibowo, A., &Pratama, A. (2022). Social enterprise dan tantanganregulasi di Indonesia. Jurnal Hukum dan Pembangunan, 52(3), 421–442.
Yunus, M., Moingeon, B., & Lehmann-Ortega, L. (2020). Building social business models. Long Range Planning, 53(4), 101894. https://doi.org/10.1016/j.lrp.2019.101894
Zahra, S. A., Rawhouser, H., Bhawe, N., Neubaum, D., & Hayton, J. (2020). Globalization of social entrepreneurship. Strategic Entrepreneurship Journal, 14(3), 1–21. https://doi.org/10.1002/sej.1355
Ziegler, R. (2021). Social enterprise and legal innovation. Journal of Social Entrepreneurship, 12(3), 259–276. https://doi.org/10.1080/19420676.2020.1849624
Zuidema, C., & de Roo, G. (2022). Governance of sustainability transitions. Environment and Planning C, 40(4), 1–18. https://doi.org/10.1177/23996544211062033
- Downloads
- Published
- 2026-01-04
- Section
- Articles
How to Cite
Most read articles by the same author(s)
- Zahrian Kusuma Nur Arsy, Zaskia Bunga Wantoro, Ganesh Lakshita Sekar Haruna, Candra Suryavimala Prabhasri, Ilham Bintang Pamungkas, Radithya Putra Taqwa, ANALISIS HUKUM POSITIF TERHADAP PELAKSANAAN AKAD MURABAHAH PADA BANK SYARIAH , Causa: Jurnal Hukum dan Kewarganegaraan: Vol. 16 No. 3 (2026): Causa: Jurnal Hukum dan Kewarganegaraan, ISSN: 3031-0369
Similar Articles
- Riyan Darmawan, STRUKTUR DAN PRINSIP DASAR HUKUM TATA NEGARA ADAT LAMPUNG PESISIR , Causa: Jurnal Hukum dan Kewarganegaraan: Vol. 16 No. 2 (2025): Causa: Jurnal Hukum dan Kewarganegaraan, ISSN: 3031-0369
- Adzra’ Malfaizza Mahendra, I Gusti Ngurah Dharma Laksana, TINJAUAN YURIDIS TERHADAP PROBLEMATIKA ETIKA BISNIS DALAM PELAKSANAAN CORPORATE SOCIAL RESPONSIBILITY (CSR) DI INDONESIA , Causa: Jurnal Hukum dan Kewarganegaraan: Vol. 16 No. 1 (2025): Causa: Jurnal Hukum dan Kewarganegaraan, ISSN: 3031-0369
- Septia Tri Puspita Sari, Afrizal Saputra, Penerapan Prinsip Strict Liability terhadap Perusahaan Pabrik Penghasil Limbah Pencemar Lingkungan Berdasarkan Undang–Undang Nomor 32 Tahun 2009 Tentang Perlindungan dan Pengelolaan Lingkungan Hidup. , Causa: Jurnal Hukum dan Kewarganegaraan: Vol. 16 No. 2 (2025): Causa: Jurnal Hukum dan Kewarganegaraan, ISSN: 3031-0369
- Ariqa Maura Anindyayoda, IMPLIKASI YURIDIS ATAS EKSPRESI BUDAYA PADA PERKAWINAN ADAT LAMPUNG SAIBATIN , Causa: Jurnal Hukum dan Kewarganegaraan: Vol. 15 No. 12 (2025): Causa: Jurnal Hukum dan Kewarganegaraan, ISSN: 3031-0369
- Syifa Ayumi Safitri, KEADILAN RESTORATIFF SEBAGAI PARADIGMA BARU DALAM HUKUM PIDANA INDONESIA , Causa: Jurnal Hukum dan Kewarganegaraan: Vol. 16 No. 1 (2025): Causa: Jurnal Hukum dan Kewarganegaraan, ISSN: 3031-0369
- Melina Agustin Lius, SISTEM KEKERABATAN DALAM HUKUM ADAT BALI: STRUKTUR, FUNGSI, DAN IMPLIKASINYA TERHADAP KEHIDUPAN SOSIAL , Causa: Jurnal Hukum dan Kewarganegaraan: Vol. 15 No. 12 (2025): Causa: Jurnal Hukum dan Kewarganegaraan, ISSN: 3031-0369
- Larasati Rahmadhani, Eky Octaviani, Rafansya Ghifari Azriel Azwar, Darell Rizqullah Salahuddin, Yuris Utrecht Boantua Manalu, TANGGUNG JAWAB HUKUM DAN PENYELESAIAN SENGKETA TANAH FASUM DALAM PUTUSAN 363/PDT.G/2023/PN SMG , Causa: Jurnal Hukum dan Kewarganegaraan: Vol. 16 No. 2 (2025): Causa: Jurnal Hukum dan Kewarganegaraan, ISSN: 3031-0369
- M.Yosa Novrian Dany , PERTANGGUNGJAWABAN PIDANA DI ERA KECERDASAN BUATAN DALAM PENEGAKAN HUKUM INDONESIA , Causa: Jurnal Hukum dan Kewarganegaraan: Vol. 16 No. 2 (2025): Causa: Jurnal Hukum dan Kewarganegaraan, ISSN: 3031-0369
- I Kadek Adityaputra, PERAN HUKUM ADAT DALAM PENYELESAIAN SENGKETA TANAH DI LAMPUNG TENGAH , Causa: Jurnal Hukum dan Kewarganegaraan: Vol. 16 No. 1 (2025): Causa: Jurnal Hukum dan Kewarganegaraan, ISSN: 3031-0369
- Marshanda Lievia, Vrischa Oktaviyana, Avira Miranda, Andika Wijaya, DIGITALISASI GERAKAN CIVIL SOCIETY: OPTIMALISASI PERAN LEMBAGA SWADAYA MASYARAKAN (LSM) MELALUI MEDIA SOSIAL DALAM PENGAWASAN KEBIJAKAN PEMERINTAHAN DAERAH DI KABUPATEN OGAN KOMERING ULU , Causa: Jurnal Hukum dan Kewarganegaraan: Vol. 16 No. 2 (2025): Causa: Jurnal Hukum dan Kewarganegaraan, ISSN: 3031-0369
You may also start an advanced similarity search for this article.