The DOI matches its Crossref record; 125 of the 125 references it cites were found in a registry or an index.
Purpose in the For-Profit Firm: A Review and Framework for Management Research
Open accessAbstract
Purpose is a concept often used in managerial communities to signal and define a firm’s benevolent and pluralistic approach to its stakeholders beyond its focus on shareholders. While some evidence has linked purpose to positive organizational outcomes such as growth, employee satisfaction, innovation, and superior stock market performance, the definition and application of purpose in management research has been varied and frequently ambiguous. We review literature streams that invoke purpose in the for-profit firm and propose a unifying definition. Next, we develop a framework to study purpose that decouples its framing and formalization within firms from its realization, thus helping to avoid conflation of the presence of purpose with positive organizational outcomes. The framework also highlights internal and external drivers that shape the framing of purpose as well as the influence of the institutional context on its adoption and effectiveness. Finally, we provide a rich agenda for future research on purpose.
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Cites
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Exploration and Exploitation in Organizational Learning
March, J. G. (1991) · Organization Science · doi:10.1287/orsc.2.1.71 · Cited by 21,942 · cited 2×
“…worthwhile to study whether purpose breadth or purpose depth would be perceived more favorably by stakeholders and whether firms who seek to combine depth and breadth would suffer from the exploration/exploitation-like problems identified in the study of organizational ambidexterity (March, 1991).”
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The Population Ecology of Organizations
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From the New York Times Magazine
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WHY COMPANIES GO GREEN: A MODEL OF ECOLOGICAL RESPONSIVENESS.
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Cited by
Digitalisation as a Catalyst for Supplier Diversity, Equity and Inclusion
Asokan, D. R., Smith, C. M., & Huq, F. A. (2026) · International Journal of Operations & Production Management · doi:10.1108/ijopm-09-2024-0851 · Cited by 4
Metadata
- Authors
- George, G., Haas, M. R., McGahan, A. M., Schillebeeckx, S. J. D., & Tracey, P.
- Venue
- Journal of Management
- Publisher
- SAGE Publications
- Published
- 2021-04-15
- Volume
- 49
- Issue
- 6
- Pages
- 1841-1869
- ISSN
- 0149-2063 (ISSN-L)
- 1557-1211
- OpenAlex
- W3153943933
- Cited by
- 285
- References
- 125
- FWCI
- 33.26
- Type
- journal article
- Language
- en
- Open access
- hybrid
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