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The Social Rewards For Mission-Driven Business: An Integrative Approach

Author

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  • Jose Andres Flota Rosado
  • Luis Ernesto Ocampo Figueroa

Abstract

Many companies, considered successful models worldwide, are mission-driven business whose purpose is both profit generation and producing an impact on different aspects of human life. In this paper, we analyze the relationship between companies that include a social mission in their strategy, and act consistently with it, to create a sustainable competitive advantage. This advantage is expressed directly and indirectly in benefits for the company. In general, the relationship between mission and financial objectives of missiondriven businesses provides them the opportunity for better economic performance because they can leverage relational intangibles generated. This conclusion relies on three propositions made based on an integrative theoretical analysis

Suggested Citation

  • Jose Andres Flota Rosado & Luis Ernesto Ocampo Figueroa, 2016. "The Social Rewards For Mission-Driven Business: An Integrative Approach," Global Journal of Business Research, The Institute for Business and Finance Research, vol. 10(4), pages 55-65.
    • Handle: RePEc:ibf:gjbres:v:10:y:2016:i:4:p:55-65
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    Citations

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    Cited by:

    1. Anna Kwiotkowska, 2022. "Organizational Capabilities and Social Entrepreneurship: A Fuzzy-set Approach," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 272-285.

    More about this item

    Keywords

    Mission-Driven Business; Social Reward; Resource-Based View;
    All these keywords.

    JEL classification:

    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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