713 Corporate Social Responsibility and Social Entrepreneurship

In recent years, there has been growing pressure on profit-seeking corporations to address social problems, such as inequality and climate change. This class will critically evaluate the law and policies underlying recent developments that have allowed or required firms to take on a more active role in social and environmental issues. The class covers a range of topics, including the economic structure of nonprofit firms, the debate on corporate purpose and the profit-maximization norm, the rise of ESG investing, the proliferation of new legal hybrid forms, recent developments in the law of managerial fiduciary duties, the role of microfinance and fair trade in promoting development, and tax and subsidy policies to encourage corporations to pursue social goals, including the recent Opportunity Zone program. The inquiry will focus primarily on what types of structures best align investors’ interest in profit-making with different social purposes. 

To be enrolled in the class, students must either take Business Association in the same semester, or have taken it in the past.  

Student enrolled in the three-credit option need to write a research paper (in satisfaction of the JD Substantial Research and Writing Requirement or the International LLM Substantial Research Paper Requirement) in addition to doing the take-home exam.  The additional credit will count towards the Independent Study Research Credit Limit (Rule 3-12).

The take-home exam will be comprised of questions relating to a real or imaginary business structure or transaction that involves social issues. The exam will be made available on December 6, and the deadline for submitting it will be December 19.

Enrollment Pre-/Co- Requisite Information

To be enrolled in the class, students must either take Business Association in the same semester, or have taken it in the past.

Course Areas of Practice
Evaluation Methods
  • Final Exam
  • Research paper option, 25+ pages
  • Class participation
Degree Requirements
Course Type
  • Seminar
Learning Outcomes
  • Knowledge and understanding of substantive and procedural law

Sample Syllabi

Fall 2021

2021
Course Number Course Credits Evaluation Method Instructor Meeting Days/Times Room

713.01 2-3
  • Final Exam
  • Research paper option, 25+ pages
  • Class participation
Ofer Eldar W 4:00 PM-5:50 PM 4044

In recent years, there has been growing pressure on profit-seeking corporations to address social problems, such as inequality and climate change. This class will critically evaluate the law and policies underlying recent developments that have allowed or required firms to take on a more active role in social and environmental issues. The class covers a range of topics, including the economic structure of nonprofit firms, the debate on corporate purpose and the profit-maximization norm, the rise of ESG investing, the proliferation of new legal hybrid forms, recent developments in the law of managerial fiduciary duties, the role of microfinance and fair trade in promoting development, and tax and subsidy policies to encourage corporations to pursue social goals, including the recent Opportunity Zone program. The inquiry will focus primarily on what types of structures best align investors’ interest in profit-making with different social purposes. 

To be enrolled in the class, students must either take Business Association in the same semester, or have taken it in the past.  

Student enrolled in the three-credit option need to write a research paper (in satisfaction of the JD Substantial Research and Writing Requirement or the International LLM Substantial Research Paper Requirement) in addition to doing the take-home exam.  The additional credit will count towards the Independent Study Research Credit Limit (Rule 3-12).

The take-home exam will be comprised of questions relating to a real or imaginary business structure or transaction that involves social issues. The exam will be made available on December 6, and the deadline for submitting it will be December 19.

Grading Basis: Graded

Pre/Co-requisites

To be enrolled in the class, students must either take Business Association in the same semester, or have taken it in the past.

Spring 2021

2021
Course Number Course Credits Evaluation Method Instructor Meeting Days/Times Room

713.01 2
  • Final Exam
  • Class participation
Ofer Eldar W 2:00 PM-3:50 PM

In recent years, there has been growing pressure on profit-seeking corporations to pursue social goals. In light of the pandemic, social inequalities, and growing concerns about climate change, this trend will likely increase. This class will critically evaluate the law and policies underlying recent developments that have allowed or required firms to take on a more active role in social and environmental issues. The class covers a range of topics, including the economic structure of nonprofit firms, the debate on corporate purpose and the profit-maximization norm, the rise of ESG investing, the proliferation of new legal hybrid forms, recent developments in the law of managerial fiduciary duties, the role of microfinance and fair trade in promoting development, and tax and subsidy policies to encourage corporations to pursue social goals, including the recent Opportunity Zone program. The inquiry will focus primarily on what types of structures best align investors’ interest in profit-making with different social purposes. Business Associations is a prerequisite for this class (except for LLM students who are taking Business Associations in the same semester).

Grading Basis: Graded

Syllabus: 713.01.Spring2021-syllabus.pdf261.66 KB

Pre/Co-requisites

Business Associations is a prerequisite for this class (except for LLM students who are taking Business Associations in the same semester).

*Please note that this information is for planning purposes only, and should not be relied upon for the schedule for a given semester. Faculty leaves and sabbaticals, as well as other curriculum considerations, will sometimes affect when a course may be offered.