Discover and read the best of Twitter Threads about #socent

Most recents (3)

A provocative but important @PioneersPost blog from @richardlitch on the role of @BigSocietyCap : "The problem is that healthier orgs will find #socinv rates uncompetitive... while those who cannot access mainstream £ will struggle with affordability":…
@PioneersPost @richardlitch @BigSocietyCap This is thoughtful and well argued piece that I'd like to respond to at greater length but will probably not get time to - so just going to give a few broad reflections...
@PioneersPost @richardlitch @BigSocietyCap (i) Whether cost of capital is the biggest factor in whether a #socent will choose to take on #socinv or not will vary a lot based (in particular) on the size of the social enterprise but also the sector they're operating in. It's definitely a factor for some social enterprises..
Read 26 tweets
1/11 - FWIW, & unsurprising given her expertise, @carolmliao nails it. I share many of her concerns. Despite looking into it since this conversation restarted, I can't uncover any good reason for "benefit corporations" under BC law. THREAD INCOMING #socent #CSR #ESG #companies
2/#Corporations in BC are already "benefit corporations", as best I can tell, less just the branding and/or (paid) certification. I've been a lawyer for 15 years, roughly the life since the BCE/People's cases, & have always advised directors to look after broader stakeholders.
3/I worry benefit corp or "B. Co" (I'm sure JUST COINCIDENCE it's so similar to @BCorporation brand) will imply that other corporations don't have same duties. Also, in trying to legislate "public benefit" may limit breadth of court (@SCC_eng) interpretation & oppression remedy.
Read 12 tweets
People in rich countries don’t often hear stories about organized people improving their communities in the Global South or strong organizations pushing their governments to change policies that hurt poor people. #DevComms #aid #globaldev #NGOs /1
Rather, the aid system is built on an assumption that outside experts have the knowledge, skills, and resources that are lacking in poor countries and communities. /2
Also the aid system is predicated on marketing materials that show needy, desolate, and despondent individuals unable to help themselves, and so, the stories persist, even if they little resemble what is happening in reality, on the ground. /3
Read 6 tweets

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