The nature of the social firm: alternative organizational forms for social value creation and appropriation

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dc.contributor.authorSERGIO GIOVANETTI LAZZARINI
dc.coverage.cidadeNew Yorkpt_BR
dc.coverage.paisEstados Unidospt_BR
dc.date.accessioned2022-10-13T21:48:16Z
dc.date.available2022-10-13T21:48:16Z
dc.date.issued2019
dc.description.otherI assess how alternative organizational forms affect the ability of multiple actors to appropriate rents in activities expected to create social value—defined as broad social benefits to a given population (including more vulnerable groups) minus their associated provision costs. I simultaneously examine three stylized forms: the public bureaucracy, involving both public sponsorship and public management; public-private partnerships, with a mix of public sponsorship and private management; and the social enterprise, with both private management and sponsorship from impact-oriented investors. Although the extant literature has underscored a supply-side hazard emerging when actors try to appropriate rents by economizing on noncontractible social dimensions, I also examine the implications of a demand-side trade-off emerging when providers are tempted to focus on more profitable customer segments and exclude more vulnerable populations. In my framework, distinct organizational forms change the managerial incentives to provide inclusive, high-quality social services based on three main factors: the relative attractiveness of beneficiary segments, their cost structure, and the extent of fixed costs to implement and operate services. I thus offer a testable theory of organizational alignment, identifying the comparative merits of each form based on how they incentivize public and private actors to create and appropriate social value.pt_BR
dc.format.mediumDigitalpt_BR
dc.identifier.doihttps://doi.org/10.5465/amr.2018.0015pt_BR
dc.identifier.issue3pt_BR
dc.identifier.urihttps://repositorio.insper.edu.br/handle/11224/4278
dc.identifier.volume45pt_BR
dc.language.isoInglêspt_BR
dc.publisherNão informadopt_BR
dc.relation.ispartofAcademy of Management Reviewpt_BR
dc.rights.licenseO INSPER E ESTE REPOSITÓRIO NÃO DETÊM OS DIREITOS DE USO E REPRODUÇÃO DOS CONTEÚDOS AQUI REGISTRADOS. É RESPONSABILIDADE DOS USUÁRIOS INDIVIDUAIS VERIFICAR OS USOS PERMITIDOS NA FONTE ORIGINAL, RESPEITANDO-SE OS DIREITOS DE AUTOR OU EDITOR.pt_BR
dc.subject.keywordsNão informadopt_BR
dc.titleThe nature of the social firm: alternative organizational forms for social value creation and appropriationpt_BR
dc.typejournal article
dspace.entity.typePublication
local.subject.cnpqCiências Sociais Aplicadaspt_BR
local.typeArtigo Científicopt_BR
relation.isAuthorOfPublication4ee022f9-7466-405d-ae1a-6b1e33f611e8
relation.isAuthorOfPublication.latestForDiscovery4ee022f9-7466-405d-ae1a-6b1e33f611e8

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