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Why do firms strive for non-pecuniary performance?
Type
conference paper
Date Issued
2008-08-13
Author(s)
Abstract
The present paper develops an explanation of non-pecuniary performance of firms, which extends current ethical and financial rational and encompasses multiple levels of stakeholder analysis. Drawing from social identity theory and the literature on organizational reputation, we show that identity overlaps between managers and organizations create an incentive to protect and build corporate reputation, thereby motivating managers to produce non-pecuniary performance outcomes that satisfy reputation forming stakeholders. We suggest that the link between identity overlaps and the incentives to build and protect corporate reputation is moderated by the type of the manager's commitment and provide empirically testable propositions for our claims. We use the family business, a particularly high identity overlap organization, as a context to explore our arguments.
Project(s)
Language
English
Keywords
Non-pecuniary performance
family business
HSG Classification
contribution to scientific community
Refereed
Yes
Event Title
Academy of Management Annual Meeting (AOM) 2008
Event Location
Anaheim, CA
Event Date
08.-13.08.2008
Subject(s)
Division(s)
Eprints ID
44350