220 research outputs found

    Liminal Spaces: Literal and Conceptual Borderlines in Whitman\u27s Civil War Poems

    Get PDF
    Reads Whitman’s Civil War poems “in the context of liminality, a cultural discourse that calls attention to margins and borderlines as transitional points but also focuses specifically on the ‘limen’ or the spaces between, as literal and conceptual sites of potential and illumination” and suggests that “in the more photographic poems, liminality provides Whitman with a framing technique, allowing him to sharpen his focus on the verisimilitude of a scene by delineating the outlines and interstices of the natural landscape,” while another use of liminality “calls attention to hospital spaces as literal and figurative symbols of transition for wounded or dying soldiers,” and yet another “mystical use of liminality allows Whitman to further define his role as an interpreting agent from the borderlines and margins of the war, the poet who gives meaning to the ultimate passage from life into death for all the nation’s dead.

    How the uncertainty associated with social issues influences the financial returns of corporate philanthropy

    Full text link
    This study examines whether the varying financial returns to philanthropy can be explained by the uncertainty associated with the issues to which a firm donates. We start with the premise that stakeholders react favorably to donations they view as effective and appropriate for specific social needs, which can lead to financial advantages for the donor firm. However, the reliance on various cues for such assessments may differ based on the uncertainty surrounding social issues. For stable issues, where the social need and redress strategies are relatively clear and direct, we expect that proximate cues such as the donation amount and a firm’s donation experience are likely indicators of philanthropic effectiveness, thereby predicting its financial returns. Conversely, when donations target uncertain issues where the social need is unclear or evolving, these cues become less informative, prompting stakeholders to consider broader cues, such as firm reputation. Our analysis introduces a method for measuring the country- and time-specific uncertainty of issues and applies it to evaluate donations from the world’s largest 2,000 firms from 2007 to 2018. The significance of our study is underscored by the increasing engagement of firms in social issues fraught with high uncertainty.First author draf

    An Identity-Based Approach to Social Enterprise

    Get PDF
    Social enterprise has gained widespread acclaim as a tool for addressing social and environmental problems. Yet because social enterprises integrate social welfare and commercial logics, they face the challenge of pursuing frequently conflicting goals. Studies have begun to address how established social enterprises can manage these tensions, but we know little about how, why, and with what consequences social entrepreneurs mix competing logics as they create new organizations. To address this gap, we develop a theoretical model based in identity theory that helps to explain (1) how commercial and social welfare logics become relevant to entrepreneurship, (2) how different types of entrepreneurs perceive the tension between these logics, and (3) what implications this has for how entrepreneurs recognize and develop social enterprise opportunities. Our approach responds to calls from organizational and entrepreneurship scholars to extend existing frameworks of opportunity recognition and development to better account for social enterprise creation

    Masters of Disasters? An Empirical Analysis of How Societies Benefit From Corporate Disaster Aid

    Get PDF
    Corporations are increasingly influential within societies worldwide, while the relative capacity of national governments to meet large social needs has waned. Consequentially, firms face social pressures to adopt responsibilities that have traditionally fallen to governments, aid agencies, and other types of organizations. There are questions, though, about whether this is beneficial for society. We study this in the context of disaster relief and recovery, in which companies account for a growing share of aid, as compared to traditional providers. Drawing on the dynamic capabilities literature, we argue that firms are more able than other types of organizations to sense areas of need following a disaster, seize response opportunities, and reconfigure resources for fast, effective relief efforts. As such, we predict that, while traditional aid providers remain important for disaster recovery, relief will arrive faster and nations will recover more fully when locally active firms account for a larger share of disaster aid. We test our predictions with a proprietary data set comprising information on every natural disaster and reported aid donation worldwide from 2003 to 2013. Using a novel, quasi-experimental technique known as the “synthetic control method,” our analysis shows that nations benefit greatly from corporate involvement when disaster strikes

    Funding Financial Inclusion: Institutional Logics and the Contextual Contingency of Funding for Microfinance Organizations

    Get PDF
    Microfinance is a promising tool for addressing the grand challenge of global poverty. Yet, while many studies have examined how microfinance loans affect poor borrowers, we know little about how microfinance organizations (MFOs) themselves finance their lending activities. This is a significant oversight because most MFOs do not self-fund their lending, but, rather, rely on loans from external funders. To better understand microfinance funding, we apply and extend the institutional logics perspective to analyze the lending practices of commercial and public funders, who together provide most of the capital for global microfinance. We argue that these funders adhere to financial and development logics, respectively, and that this leads them to invest in different types of MFOs. Yet, in the face of uncertainty, we suggest that the practices motivated by these logics will start to converge in ways that are problematic for a nation’s microfinance sector. Using a proprietary database of all traceable loans to MFOs from 2004 to 2012, we find strong support for our hypotheses. In particular, our findings show that the relationship between institutional logics and organizational practices is contextually contingent, and this insight contributes important understanding about the efficacy of microfinance as a poverty-reduction tool

    Hybrid Vigor: Securing Venture Capital by Spanning Categories in Nanotechnology

    Get PDF
    This study develops and tests a set of novel theoretical predictions about the conditions under which category spanning is rewarded by external audiences. To do this, we revisit the assumption that comprehensible organizational identities are associated with individual categories. Drawing on insights from cognitive psychology, we suggest that category spanning does not necessarily lead to confusion, but, rather, to interpretations that rely on a “header–modifier” structure where one category anchors cognition but is modified by features of the other. Audiences may have clear understandings about how categories fit together and cognate schema for evaluating firms that hybridize by spanning between them. An empirical examination of venture capital in the carbon nanotechnology industry supports our approach: start-ups were rewarded or punished for hybridization contingent on how they mixed “science” and “technology” in their patents, top management team, and collaborations. As such, we show that the category a firm starts in, how it hybridizes, and the degree to which this affects core versus peripheral identity markers may all affect how it is perceived

    Masters of disasters? An empirical analysis of how societies benefit from corporate disaster aid

    Full text link
    Corporations have become increasingly influential within societies around the world, while the relative capacity of national governments to meet large social needs has waned. Consequentially, firms are being asked to adopt responsibilities that have traditionally fallen to governments, aid agencies, and other types of organizations. There are questions, though, about whether or not this is beneficial for society. We study this in the context of disaster relief and recovery; an area where companies account for a growing share of aid as compared to traditional providers. Drawing on the dynamic capabilities literature, we argue that firms are better-equipped than other types of organizations to sense areas of need following a disaster, seize response opportunities, and reconfigure resources for fast, effective relief efforts. As such, we predict that—while traditional aid providers are important for disaster recovery—relief will arrive faster, and nations will recover more fully when locally active firms account for a larger share of disaster aid. We test our predictions with a proprietary dataset comprising information on every natural disaster and reported aid donation worldwide from 2003 to 2013. Our analysis uses a novel, quasi-experimental technique known as the synthetic control method and shows that nations benefit greatly from corporate involvement when disaster strikes.Accepted manuscrip

    Balancing “what matters to me” with “what matters to them”: exploring the legitimation process of environmental entrepreneurs

    Get PDF
    We extend current knowledge on new venture legitimation by focusing on how environmental entrepreneurs enact their values and beliefs during the legitimation process and on the resultant business and personal consequences. On the basis of our longitudinal analysis of six cases studies we develop a staged process model of legitimation. Our findings suggest three novel insights. First, the entrepreneur’s (i.e. the legitimacy seeker’s) own values and beliefs are found to anchor initial decisions about how to gain legitimacy (the “what matters to me” stage) but are then toned down as attention shifts to gain legitimacy from diverse audiences (the “what matters to them” stage). Eventually, the entrepreneurs arrive at an approach that balances “what matters to me and them”. Second, we are able to explain how and why these changes in legitimation take place. The entrepreneurs learned to adapt their legitimation work by engaging in reflection and reflexivity about both the business and personal consequences of their work in each stage. Finally, we detail the significance of dissonance to this process as a trigger for changes in behavior. Overall, our three insights allow us to extend the notion of what a skillful legitimacy seeker might be
    • 

    corecore