Editing Shareholder value (section)

===Social enterprise===
{{Main|Social enterprise}}
A company may choose to disregard shareholders completely. A [[social enterprise]] instead focuses its objectives on goals other than the profitability of its owners; indeed, the constitution of a social enterprise often precludes issuing dividends to shareholders. Social enterprises require significant investment in financial stability and long-term profitability, in the meantime taking very little risk.<ref name="Griaud et al"/>

Social enterprises manifest themselves in the UK as [[community interest company|community interest companies]] or [[Private company limited by guarantee|limited by guarantee]]. In the United States, California allows companies to incorporate as [[flexible purpose corporation]]s.<ref name="Griaud et al"/>