Corporate Purpose in Public and Private Firms
| العنوان: | Corporate Purpose in Public and Private Firms |
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| المؤلفون: | Claudine Gartenberg, George Serafeim |
| المصدر: | Management Science. |
| بيانات النشر: | Institute for Operations Research and the Management Sciences (INFORMS), 2022. |
| سنة النشر: | 2022 |
| مصطلحات موضوعية: | Strategy and Management, Management Science and Operations Research |
| الوصف: | Analyzing data from approximately 1.5 million employees across 1,108 established public and private U.S. companies, we find that the strength of employee beliefs related to purpose is weaker in public companies. Among public companies, those beliefs are stronger for firms with more committed owners. These patterns are most pronounced within the salaried middle and hourly ranks rather than senior executives. Differences across firms can be attributed, in part, to differences in leadership and incentive characteristics. Our findings are consistent with higher owner commitment and the corresponding policies that arise alongside this higher commitment, enabling a stronger sense of purpose inside organizations. This paper was accepted by David Simchi-Levi, organizations. Funding: C. Gartenberg recognizes financial support from the Wharton School at University of Pennsylvania. G. Serafeim recognizes financial support from the Division of Research and Faculty Development of the Harvard Business School. Supplemental Material: The data files and online appendix are available at https://doi.org/10.1287/mnsc.2022.4618 . |
| تدمد: | 1526-5501 0025-1909 |
| DOI: | 10.1287/mnsc.2022.4618 |
| URL الوصول: | https://explore.openaire.eu/search/publication?articleId=doi_________::094e0779007f4d491b69a98029b7ec44 https://doi.org/10.1287/mnsc.2022.4618 |
| رقم الانضمام: | edsair.doi...........094e0779007f4d491b69a98029b7ec44 |
| قاعدة البيانات: | OpenAIRE |
| تدمد: | 15265501 00251909 |
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| DOI: | 10.1287/mnsc.2022.4618 |