Social entrepreneurship orientation and company success: The mediating role of social performance
جهت گیری کارآفرینی اجتماعی و موفقیت شرکت: نقش واسطه ای عملکرد اجتماعی-2020
We examine the impact of social entrepreneurship orientation (SEO), a behavioral measure of the social en- trepreneurship of the organization, on the social and financial performance of a sample of Austrian firms. Despite growing research interests in social entrepreneurship, the field remains fragmented and this has led to calls for a careful examination of the implications of social entrepreneurship for firms. We draw on stakeholder theory and hybrid organizing to hypothesize that social performance mediates the SEO-financial performance relationship. By analyzing a sample of 1,156 companies, we find that the SEO-financial performance relationship is partially positively mediated by social performance even though the direct effect is negative. Our results show that social performance compensates for the otherwise negative effect SEO has directly with financial performance. We contribute to an understanding of the mechanisms by which an SEO affects firm performance and provide richer insights into the various aspects of performance. We discuss the future implications of our study and suggest promising avenues for further research on the SEO construct.
Keywords: Social entrepreneurship orientation | Hybrid organizing | Social performance | Financial performance | Empirical | Mediation
Social entrepreneurship orientation : Drivers of success for start-ups and established industrial firms
گرایش به سمت کارآفرینی اجتماعی: محرک موفقیت شرکتهای نوپا و تأسیس شده صنعتی-2020
Academic research into social entrepreneurship orientation (SEO) remains nascent, despite social entrepreneurship receiving increasing attention in both research and practice. This study of 308 industrial industry firms from Austria and Northern Macedonia contributes to closing these research gaps by investigating how SEO influences social entrepreneurial performance taking into account the performance consequences of heterogeneity in firms characteristics demonstrated by start-ups and established firms using multi-group structural equation modeling and fsQCA as methods of comparison. Combining person-centered and variable-centered methods, this study contributes by exploring how SEO influences social entrepreneurial performance and considering firms characteristics for both start-ups and established industrial firms. The study highlights key differences for start-ups and established firms. The development phase of a firm, thus, plays a key role when examining SEO dimensions. This study informs practices of individuals seeking to undertake a business start-up or owner/managers involved in the operation and management of established firms in a social entrepreneurship context. The findings will be of interest to the enterprise support community in tailoring funding and training support for social enterprises for both start-ups and established firms.
Keywords: Social entrepreneurship | Entrepreneurial orientation | Sustainability | Start-ups | Multi-group structural equation modeling | fsQCA