WJEMSD · Vol 20, No 2 · 2024Case Study

The Role of Social Entrepreneurship on Economic, Social and Environmental Development: Evidence from the UK

Central Agency for Public Tenders
Council of Ministers
Rashed Salem Alhaimer
Business Faculty
Arab Open University
Received: 26 May 2023Revised: 25 March 2024Accepted: 8 April 2024Published: 14 November 2024
Purpose

This study aims to examine the role of social entrepreneurship on economic, social, and environmental development.

Design/Methodology/Approach

A mixed methodology was followed where data were collected from 300 companies and 10 managers from the UK.

Findings

The findings indicate that Corporate Social Responsibility (CSR) has a positive role in Return on Assets (ROA), Return on Equity (ROE), and Return on Sales (ROS), respectively. However, social entrepreneurship has mixed results on economic, social and environmental development. Originality/Value of paper: The current research fills the gap in previous scholarly works by providing a comprehensive study of the practical implications of social entrepreneurship based on social, economic and environmental evaluations.

Research Limitations/Implications

A major limitation lies in the inability of the author to compare the results of different scales in the analysis. Apart from the definitive scales used, there are other scales that need to be considered in future research.

Practical Implications

Managers could find the current research useful in evaluating company decisions based on social entrepreneurship ventures.

Keywords
Social EntrepreneursSocialEconomicEnvironmentDevelopment
Citation

Alqaoud, A. and Alhaimer, R.S. (2024): The Role of Social Entrepreneurship on Economic, Social and Environmental Development: Evidence from the UK. World Journal of Entrepreneurship, Management and Sustainable Development, Vol. 20, No. 2, pp. 91-104.