The Connection Between Goals and Rewards in a Social Entrepreneurship

Social Entrepreneurship is a growing business model that addresses social and environmental issues through products and services. In Indonesia, the ecosystem supporting Social Entrepreneurship is expanding, but the lack of a unified definition and slow government recognition has led to varied pract...

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Main Authors: Supriyanto, Fusthatthul Nur Sasongko
Format: Article
Language:English
Published: Yayasan Pendidikan Islam Bustanul Ulum Mojokerto, Jawa Timur 2025-03-01
Series:Danadyaksa
Subjects:
Online Access:https://e-journal.bustanul-ulum.id/index.php/danadyaksa/article/view/116
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author Supriyanto
Fusthatthul Nur Sasongko
author_facet Supriyanto
Fusthatthul Nur Sasongko
author_sort Supriyanto
collection DOAJ
description Social Entrepreneurship is a growing business model that addresses social and environmental issues through products and services. In Indonesia, the ecosystem supporting Social Entrepreneurship is expanding, but the lack of a unified definition and slow government recognition has led to varied practices and outcomes. This study aims to explore how Social Enterprises disclose their corporate identity and maintain accountability. Using Identity and Stakeholder Theory, the study examines five key identity aspects: mission, activity, governance, performance, and accountability. A multiple case study approach was applied to 10 Indonesian Social Enterprises chosen for their prominence and diversity. Data were gathered from official company websites, supported by interviews and CEO presentations from webinars in 2022 and 2023. Thematic analysis using NVivo software identified patterns across these identity aspects. The findings show that Social Enterprises prioritize social values like community development, empowerment, welfare, and sustainability over profit generation. Institutional commitment is reflected in impact reports, achievement profiles, SDG disclosures, and media coverage. However, financial performance is rarely disclosed, and accountability practices vary between formal impact reporting and informal stakeholder engagement. This study contributes by offering a framework for understanding how Social Enterprises disclose their identity and stay accountable. It also provides practical guidelines for policymakers and practitioners to strengthen the Social Entrepreneurship ecosystem in Indonesia. Future research should further explore the financial performance and long-term impact of Social Enterprises to balance social and economic goals.
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spelling doaj-art-6f429416ecf540bb91176a4504e246372025-08-20T03:05:53ZengYayasan Pendidikan Islam Bustanul Ulum Mojokerto, Jawa TimurDanadyaksa3025-85452025-03-012210.69965/danadyaksa.v2i2.116The Connection Between Goals and Rewards in a Social EntrepreneurshipSupriyanto0Fusthatthul Nur Sasongko1Sekolah Tinggi Agama Islam Sayyod Muhhamad Alawi Al Maliki, Situbondo, IndonesiaSekolah Tinggi Agama Islam Al-Muntahy, Sampang, Indonesia Social Entrepreneurship is a growing business model that addresses social and environmental issues through products and services. In Indonesia, the ecosystem supporting Social Entrepreneurship is expanding, but the lack of a unified definition and slow government recognition has led to varied practices and outcomes. This study aims to explore how Social Enterprises disclose their corporate identity and maintain accountability. Using Identity and Stakeholder Theory, the study examines five key identity aspects: mission, activity, governance, performance, and accountability. A multiple case study approach was applied to 10 Indonesian Social Enterprises chosen for their prominence and diversity. Data were gathered from official company websites, supported by interviews and CEO presentations from webinars in 2022 and 2023. Thematic analysis using NVivo software identified patterns across these identity aspects. The findings show that Social Enterprises prioritize social values like community development, empowerment, welfare, and sustainability over profit generation. Institutional commitment is reflected in impact reports, achievement profiles, SDG disclosures, and media coverage. However, financial performance is rarely disclosed, and accountability practices vary between formal impact reporting and informal stakeholder engagement. This study contributes by offering a framework for understanding how Social Enterprises disclose their identity and stay accountable. It also provides practical guidelines for policymakers and practitioners to strengthen the Social Entrepreneurship ecosystem in Indonesia. Future research should further explore the financial performance and long-term impact of Social Enterprises to balance social and economic goals. https://e-journal.bustanul-ulum.id/index.php/danadyaksa/article/view/116GoalsRewardsSocial Ectrepreneurship
spellingShingle Supriyanto
Fusthatthul Nur Sasongko
The Connection Between Goals and Rewards in a Social Entrepreneurship
Danadyaksa
Goals
Rewards
Social Ectrepreneurship
title The Connection Between Goals and Rewards in a Social Entrepreneurship
title_full The Connection Between Goals and Rewards in a Social Entrepreneurship
title_fullStr The Connection Between Goals and Rewards in a Social Entrepreneurship
title_full_unstemmed The Connection Between Goals and Rewards in a Social Entrepreneurship
title_short The Connection Between Goals and Rewards in a Social Entrepreneurship
title_sort connection between goals and rewards in a social entrepreneurship
topic Goals
Rewards
Social Ectrepreneurship
url https://e-journal.bustanul-ulum.id/index.php/danadyaksa/article/view/116
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