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Agency theory utility and social entrepreneurship: issues of identity and role conflict

Author

Listed:
  • Phillip E. Davis

    (Texas State University)

  • Joshua S. Bendickson

    (University of Louisiana At Lafayette)

  • Jeffrey Muldoon

    (Emporia State University)

  • William C. McDowell

    (Bradley University)

Abstract

Social entrepreneurs are often at the forefront of remedying complex societal issues by linking the entrepreneurial mindset with approaches to solving these systemic societal issues. We build upon existing notions regarding the field of social entrepreneurship and existing forms of social entrepreneurship while deepening the understanding of the different roles that social entrepreneurs must embody on a daily basis. Agency theory is used by identifying principal and agent factors underlying social entrepreneurship in terms of role stressors and role conflict. We outline varying types of social entrepreneurs and discuss role duality, an area with room for much exploration. We also identify and discuss problems for principals and agents within these types of social entrepreneurship. Thus we contribute to the literature (1) by extending on the types of social entrepreneurs, (2) by identifying the threats that social entrepreneurs face through an agency lens; namely the dual role that social entrepreneurs must embark upon, and (3) by describing the boundary conditions of the different social entrepreneur types, we link the potential challenges of social entrepreneurship with a deeper look into the growing domain that is social entrepreneurship.

Suggested Citation

  • Phillip E. Davis & Joshua S. Bendickson & Jeffrey Muldoon & William C. McDowell, 2021. "Agency theory utility and social entrepreneurship: issues of identity and role conflict," Review of Managerial Science, Springer, vol. 15(8), pages 2299-2318, November.
    • Handle: RePEc:spr:rvmgts:v:15:y:2021:i:8:d:10.1007_s11846-020-00423-y
    DOI: 10.1007/s11846-020-00423-y
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    Cited by:

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    2. Xiyuan Xiang & Jing Wang & Zehai Long & Yangjie Huang, 2022. "Improving the Entrepreneurial Competence of College Social Entrepreneurs: Digital Government Building, Entrepreneurship Education, and Entrepreneurial Cognition," Sustainability, MDPI, vol. 15(1), pages 1-16, December.
    3. Mpia Héritier Nsenge & Mburu Lucy Waruguru & Mwendia Simon Nyaga, 2023. "Exploratory Factor Analysis of Congolese Information Technology Graduates’ Employability: Towards Sustainable Employment," SAGE Open, , vol. 13(4), pages 21582440231, December.
    4. George Cristian Schin & Nicoleta Cristache & Cosmin Matis, 2023. "Fostering social entrepreneurship through public administration support," International Entrepreneurship and Management Journal, Springer, vol. 19(2), pages 481-500, June.
    5. Wasswa Asaph Senoga, 2023. "Effectiveness of Regulatory Compliance, Auditing, Physical Assets Control Practices on Financial Performance in Churches," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(3), pages 1354-1375, March.

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    More about this item

    Keywords

    Social entrepreneurship; Agency theory;

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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