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‘Fitting In’ vs. ‘Standing Out’: How Social Enterprises Engage with Stakeholders to Legitimize their Hybrid Position

‘Fitting In’ vs. ‘Standing Out’: How Social Enterprises Engage with Stakeholders to Legitimize... AbstractWe investigate how social enterprises actively engage with their stakeholders to legitimize their hybrid position in addressing both social and businesses audience. This is particularly important in their effort to capturing stability (expectation to ‘fit in’) within an emerging field and at the same time to address change and growth (expectation to ‘stand out’) with their limited resources, in order to be profitable enterprises, while creating social value. We analyze in-depth interviews with senior members of 21 UK-based social enterprises and we find that for many SEs involved in legitimization exercise through the supportive system, collective system and stakeholders' impression. By outlining the integrated framework on stakeholder engagement for hybrid legitimacy, we found that (i) legitimization exercise through collective sharing of SE identity help to build SE image and legitimize SE socially driven mission, while (ii) legitimization through supportive system (resources and business advantage) help building credibility by demonstrating SE capability to grow economically. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Social Entrepreneurship Taylor & Francis

‘Fitting In’ vs. ‘Standing Out’: How Social Enterprises Engage with Stakeholders to Legitimize their Hybrid Position

‘Fitting In’ vs. ‘Standing Out’: How Social Enterprises Engage with Stakeholders to Legitimize their Hybrid Position

Journal of Social Entrepreneurship , Volume 11 (2): 22 – May 3, 2020

Abstract

AbstractWe investigate how social enterprises actively engage with their stakeholders to legitimize their hybrid position in addressing both social and businesses audience. This is particularly important in their effort to capturing stability (expectation to ‘fit in’) within an emerging field and at the same time to address change and growth (expectation to ‘stand out’) with their limited resources, in order to be profitable enterprises, while creating social value. We analyze in-depth interviews with senior members of 21 UK-based social enterprises and we find that for many SEs involved in legitimization exercise through the supportive system, collective system and stakeholders' impression. By outlining the integrated framework on stakeholder engagement for hybrid legitimacy, we found that (i) legitimization exercise through collective sharing of SE identity help to build SE image and legitimize SE socially driven mission, while (ii) legitimization through supportive system (resources and business advantage) help building credibility by demonstrating SE capability to grow economically.

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Publisher
Taylor & Francis
Copyright
© 2019 Informa UK Limited, trading as Taylor & Francis Group
ISSN
1942-0684
eISSN
1942-0676
DOI
10.1080/19420676.2019.1604405
Publisher site
See Article on Publisher Site

Abstract

AbstractWe investigate how social enterprises actively engage with their stakeholders to legitimize their hybrid position in addressing both social and businesses audience. This is particularly important in their effort to capturing stability (expectation to ‘fit in’) within an emerging field and at the same time to address change and growth (expectation to ‘stand out’) with their limited resources, in order to be profitable enterprises, while creating social value. We analyze in-depth interviews with senior members of 21 UK-based social enterprises and we find that for many SEs involved in legitimization exercise through the supportive system, collective system and stakeholders' impression. By outlining the integrated framework on stakeholder engagement for hybrid legitimacy, we found that (i) legitimization exercise through collective sharing of SE identity help to build SE image and legitimize SE socially driven mission, while (ii) legitimization through supportive system (resources and business advantage) help building credibility by demonstrating SE capability to grow economically.

Journal

Journal of Social EntrepreneurshipTaylor & Francis

Published: May 3, 2020

Keywords: Social enterprises; hybrid; legitimacy; collective system; supportive system

References