Impact of mission statement components on social enterprises’ performance

Social enterprises mix economic and social objectives, forming a bridge between non-profit and profit enterprises. Mission statements are a strategic tool that can provide a company with a purpose of being, a “being” that communicates the core of the business to internal and external stakeholders. I...

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Detalles Bibliográficos
Autores: Berbegal Mirabent, Jasmina|||0000-0001-5145-2179, Mas Machuca, Marta, Guix, Patricia
Tipo de recurso: artículo
Fecha de publicación:2021
País:España
Institución:Universitat Politècnica de Catalunya (UPC)
Repositorio:UPCommons. Portal del coneixement obert de la UPC
Idioma:inglés
OAI Identifier:oai:upcommons.upc.edu:2117/358319
Acceso en línea:https://hdl.handle.net/2117/358319
https://dx.doi.org/10.1007/s11846-019-00355-2
Access Level:acceso abierto
Palabra clave:Social responsibility of business
Industries - -Social aspects
Empreses -- Responsabilitat social
Indústries -- Aspectes socials
Àrees temàtiques de la UPC::Economia i organització d'empreses
Descripción
Sumario:Social enterprises mix economic and social objectives, forming a bridge between non-profit and profit enterprises. Mission statements are a strategic tool that can provide a company with a purpose of being, a “being” that communicates the core of the business to internal and external stakeholders. In this paper we aim to investigate the link between mission statements and performance in social enterprises. The sample includes 39 social enterprises located in Spain. Our findings indicate that those firms for which the mission statement explicitly considers the customers and the product/service offer are more likely to exhibit higher economic performance.