Social Enterprise and Hybrid Organization and Corporate Culture
Executive Summary
The primary goal of corporations has evolved from maximizing profit to increasing shareholder wealth. The goalpost has recently been moved, in light of initiatives on business sustainability, to creating shareholder value while protecting interests of other stakeholders including society and the environment. Several types of organizations are formed to achieve profit-seeking objectives while having a purpose of generating positive impacts on society, communities, and the environment. Examples of these organizations are social enterprises and hybrid organizations. This chapter focuses on the role of corporate culture that enables the formation of social ...
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