Revenue drift, incentives, and effort allocation in social enterprises

Includes supplementary materials for the online appendix.

Detalles Bibliográficos
Autores: Vladasel, Theodor, Parker, Simon C., Sloof, Randolph, van Praag, Mirjam
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2024
País:España
Institución:Universitat Pompeu Fabra
Repositorio:Repositorio Digital de la UPF
OAI Identifier:oai:repositori.upf.edu:10230/60171
Acceso en línea:http://hdl.handle.net/10230/60171
http://dx.doi.org/10.1111/jems.12590
Access Level:acceso abierto
Palabra clave:Incentius (Economia)
Incentius laborals
Empreses -- Responsabilitat social
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spelling Revenue drift, incentives, and effort allocation in social enterprisesVladasel, TheodorParker, Simon C.Sloof, Randolphvan Praag, MirjamIncentius (Economia)Incentius laboralsEmpreses -- Responsabilitat socialIncludes supplementary materials for the online appendix.Revenue drift, whereby insufficient attention is given to economic, relative to social, goals, threatens social enterprise performance and survival. We argue that financial incentives can address this problem by redirecting employee attention to commercial tasks and attracting workers less inclined to fixate on social tasks. In an online experiment with varying incentive levels, monetary rewards succeed in directing worker effort to commercial tasks; high-powered incentives attract less prosocial employees, but low-powered incentives do not alter workforce composition. Social enterprises combining monetary rewards with a social mission not only attract more workers but are also able to guard against revenue drift.We gratefully acknowledge the financial support of the Mærsk‐McKinney‐Møller Chair in Entrepreneurship at Copenhagen Business School; Vladasel also acknowledges support from the Spanish Agencia Estatal de Investigación (AEI) through the Severo Ochoa Programme for Centres of Excellence in R&D (BSE CEX2019‐000915‐S), funded by MCIN/AEI/10.13039/501100011033. Part of this research was carried out while Vladasel was a Fox International Fellow at Yale.Wiley202420242024info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfapplication/pdfapplication/pdfhttp://hdl.handle.net/10230/60171http://dx.doi.org/10.1111/jems.12590reponame:Repositorio Digital de la UPFinstname:Universitat Pompeu FabraInglésJournal of economics & management strategy. 2024 Fall;33(3):630-51info:eu-repo/grantAgreement/ES/2PE/CEX2019‐000915‐S© 2024 The Authors. Journal of Economics & Management Strategy published by Wiley Periodicals LLC. This is an open access article under the terms of the Creative Commons Attribution‐NonCommercial‐NoDerivs License, which permits use and distribution in any medium, provided the original work is properly cited, the use is non‐commercial and no modifications or adaptations are made.http://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccessoai:repositori.upf.edu:10230/601712026-06-12T07:21:37Z
dc.title.none.fl_str_mv Revenue drift, incentives, and effort allocation in social enterprises
title Revenue drift, incentives, and effort allocation in social enterprises
spellingShingle Revenue drift, incentives, and effort allocation in social enterprises
Vladasel, Theodor
Incentius (Economia)
Incentius laborals
Empreses -- Responsabilitat social
title_short Revenue drift, incentives, and effort allocation in social enterprises
title_full Revenue drift, incentives, and effort allocation in social enterprises
title_fullStr Revenue drift, incentives, and effort allocation in social enterprises
title_full_unstemmed Revenue drift, incentives, and effort allocation in social enterprises
title_sort Revenue drift, incentives, and effort allocation in social enterprises
dc.creator.none.fl_str_mv Vladasel, Theodor
Parker, Simon C.
Sloof, Randolph
van Praag, Mirjam
author Vladasel, Theodor
author_facet Vladasel, Theodor
Parker, Simon C.
Sloof, Randolph
van Praag, Mirjam
author_role author
author2 Parker, Simon C.
Sloof, Randolph
van Praag, Mirjam
author2_role author
author
author
dc.subject.none.fl_str_mv Incentius (Economia)
Incentius laborals
Empreses -- Responsabilitat social
topic Incentius (Economia)
Incentius laborals
Empreses -- Responsabilitat social
description Includes supplementary materials for the online appendix.
publishDate 2024
dc.date.none.fl_str_mv 2024
2024
2024
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/10230/60171
http://dx.doi.org/10.1111/jems.12590
url http://hdl.handle.net/10230/60171
http://dx.doi.org/10.1111/jems.12590
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Journal of economics & management strategy. 2024 Fall;33(3):630-51
info:eu-repo/grantAgreement/ES/2PE/CEX2019‐000915‐S
dc.rights.none.fl_str_mv http://creativecommons.org/licenses/by-nc-nd/4.0/
info:eu-repo/semantics/openAccess
rights_invalid_str_mv http://creativecommons.org/licenses/by-nc-nd/4.0/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
application/pdf
dc.publisher.none.fl_str_mv Wiley
publisher.none.fl_str_mv Wiley
dc.source.none.fl_str_mv reponame:Repositorio Digital de la UPF
instname:Universitat Pompeu Fabra
instname_str Universitat Pompeu Fabra
reponame_str Repositorio Digital de la UPF
collection Repositorio Digital de la UPF
repository.name.fl_str_mv
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