Profit and Common Good in Polish Private Limited Non-Profit Companies

Abstract

Private limited non-profit companies, also naming private limited non-for-profit companies are the less identified in the literature and described in the law types of social enterprises operating at the interface of the so-called open market and social economy. Pursuant to Polish law, private limited non-profit companies manage analogically to traditional private limited companies, while the profit generated by them does not return to the founders and is redistributed to social purposes. The entities in question do not have a separate legal definition, which makes it unclear how, for example, to identify them in public statistics or to classify them in the social economy. In the case of private limited non-profit companies it is also difficult to talk about the focusing organization that is specific to this form of management, which makes the issue of profit relations to build a common good in the type of (social) enterprise described especially worth considering. The above presented issue was considered in the light of the findings of the social economy, the theory of social costs and the theory of social capital.