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Cited by 285

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 access
George, Gerard, Haas, Martine R., McGahan, Anita M., Schillebeeckx, Simon J. D., Tracey, Paul·2023·Journal of Management

Abstract

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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Metadata

Authors
George, G., Haas, M. R., McGahan, A. M., Schillebeeckx, S. J. D., & Tracey, P.
Venue
Journal of Management
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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CoChat. (2026). Citation check: Purpose in the For-Profit Firm: A Review and Framework for Management Research. https://app.cochat.ai/papers/10.1177/01492063211006450
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George, G., Haas, M. R., McGahan, A. M., Schillebeeckx, S. J. D., & Tracey, P. (2023). Purpose in the For-Profit Firm: A Review and Framework for Management Research. Journal of Management. https://doi.org/10.1177/01492063211006450

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.