Corporate Purpose: A Social Judgement Perspective

Suddaby, Roy ORCID: 0000-0002-9167-9180, Manelli, Luca and Fan, Ziyun (2023) Corporate Purpose: A Social Judgement Perspective. STRATEGY SCIENCE, 8 (2). pp. 202-211.

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Abstract

<jats:p> We apply the lens of social judgement theory to understand the causes and consequences of the growing debate about the purpose of the corporation. Our historical analysis suggests that the debate about corporate purpose is not new and that it tends to arise during periods of growing economic inequality. Our analysis also suggests that the discursive shift from shareholder to stakeholder capitalism will trigger a new standard of social evaluation of corporations in which we no longer judge corporate behavior based on standards of legitimacy but rather on standards of authenticity. We explore what this change in social evaluation will mean for corporate competition. </jats:p><jats:p> History: This paper has been accepted for the Strategy Science Special Issue on Corporate Purpose. </jats:p>

Item Type:	Article
Uncontrolled Keywords:	corporate purpose, social value judgements, authenticity, legitimacy
Divisions:	Faculty of Humanities and Social Sciences > School of Management
Depositing User:	Symplectic Admin
Date Deposited:	10 Jan 2023 08:54
Last Modified:	27 Jul 2023 05:00
DOI:	10.1287/stsc.2023.0185
Related URLs:	Author Publisher
URI:	https://livrepository.liverpool.ac.uk/id/eprint/3166962