Abstract
This paper introduces a new typology and associated measure of social and environmental mission integration (SEMI) by conceptually framing a feature of hybrid organizations—the degree of integration of their revenue model and social–environmental mission. The SEMI measure is illustrated using a hand-collected sample of 256 North American Certified B Corporations. We explore the heterogeneity of SEMI scores by identifying external-facing correlates and demonstrate non-congruence with Certified B Corporation’s audit results. Overall, our findings advance existing knowledge of these hybrid organizations and how they balance their social–environmental missions with their economic objectives.
Original language | English |
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Pages (from-to) | 271-284 |
Number of pages | 14 |
Journal | Journal of Business Ethics |
Volume | 167 |
Early online date | 1 Apr 2019 |
DOIs | |
Publication status | Published - Nov 2020 |
Bibliographical note
The authors gratefully acknowledge the excellent suggestions of the Section Editor, Julia Roloff and the three anonymous reviewers. We also thank the many Certified B Corporations for their participation in this study. The first author acknowledges research support from the Initiative for Regulation and Applied Economic Analysis (IRAEA) at Montana State University.Keywords
- B Corps
- Business models
- Hybrid organizations
- Social and environmental index
- Typology
- Voluntary audits