Hybrid organizations are organizations that employ a for-profit model with a social mission. In recent years, there has been a push to create formal legal designations that protect the organization’s social mission while allowing it to access investment capital and other funding traditionally reserved for for-profit organizations. Examples of formal hybrid organizations include cooperatives, benefit corporations, and low-profit limited liability corporations (L3C). With the rise in popularity of hybrid organizations, it is necessary to understand how socially conscious or prosocial practices vary across organizational form.
Do hybrid firms out-provide traditional business structures? An examination of prosocial behavior in North Carolina firms
USC Price Center for Social Innovation