The objective of this study is to contribute conceptually and empirically to the discussion about when firms attempt to align their political efforts with their social goals and how this alignment affects their financial performance, an area currently still under-explored. The empirical context for our analysis focuses on companies that have been singled out due to their efforts to emphasize “shared value” defined as integrating competitive and social policies. The specific research questions that we shed light on in this study include: What have been the types of political efforts that these firms singled out in the pursuit of their shared value goals? Or, stated slightly differently: What is the political capacity of firms who have embraced social goals as part of their competitive strategy? Relatedly, we ask whether shared-value firms are more likely to deploy their political efforts to promote their social values initiatives and whether political and social alignment boost a firm’s net income.
Kathleen Rehbein is an associate professor of management at Marquette University’s College of Management. She received her Ph.D. in Economics at Washington University. Kathleen’s research has focused on understanding business/government interactions, how firms manage...
University of Memphis
Ronei Leonel is a Ph.D. Candidate at the University of Memphis. His research focuses on executives’ influence on firms’ strategic actions and the mutual influence amongst firms, governments, activists, and media. His dissertation examines how the degree of the...
Frank den Hond
Hanken School of Economics; Vrije Universiteit
Frank den Hond, PhD, is the Ehrnrooth Professor in Management and Organisation at Hanken School of Economics (Helsinki, Finland) and affiliated with Vrije Universiteit (Amsterdam, the Netherlans). He is a past Editor of Organization Studies. His work has been published...
Frank de Bakker
IESEG School of Management
Frank G. A. de Bakker is a full professor of corporate social responsibility at IESEG School of Management and at LEM (CNRS 9221) in Lille, France. He earned his PhD from the University of Twente in the Netherlands. In his research he combines theories on institutions...
Executive Insights: Leading the Way in Corporate Social Innovation – An Interview with Gary M. Cohen
by Noa Gafni, Jeana Wirtenberg
We interviewed Gary M. Cohen, Executive Vice President, Global Health & President of the BD Foundation (Becton, Dickinson and Company).
by Michael Pirson, Reut Livne-Tarandach
In contrast to the notion of value creation as the focus for social innovation, we present a dignity-based approach to management that illuminates the potential...