Social Enterprises, Venture Philanthropy and the Alleviation of Income Inequality
Autor: | Mariarosa Scarlata, Francesco Di Lorenzo |
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Jazyk: | angličtina |
Rok vydání: | 2019 |
Předmět: |
Economics and Econometrics
Economic growth Venture philanthropy Social entrepreneurship Context (language use) 0603 philosophy ethics and religion Arts and Humanities (miscellaneous) Economic inequality 0502 economics and business Business and International Management Income inequality Hybrid organizations Social enterprises Organizational identity 05 social sciences Collectivism Settore SECS-P/08 - Economia e Gestione delle Imprese 06 humanities and the arts General Business Management and Accounting Portfolio 060301 applied ethics Business Business ethics Law 050203 business & management |
Zdroj: | Journal of Business Ethics. 159(2):307-323 |
ISSN: | 1573-0697 0167-4544 |
Popis: | Building on the literature on hybrid organizations, this manuscript explores the relationship between the organizational activity of social enterprises backed by venture philanthropy investors and income inequality. Using Ashoka’s portfolio of Indian social enterprises as empirical context of Western venture philanthropy investing activity, our results suggest that (a) Indian municipalities with social enterprises that have received venture philanthropy investments experience a decrease in income inequality level and (b) when these social enterprises are dominated by a collectivistic organizational identity orientation the effect is stronger. Our findings have implications for the research on hybrid organizations, financing of social entrepreneurship and grand ethical challenges. |
Databáze: | OpenAIRE |
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