EconPapers    
Economics at your fingertips  
 

The signaling effect of ambidexterity of social enterprises on acquiring financial resources in South Korea

Chang Gue Lim, Sang‐Youn Lee and Jinseon Seo

Annals of Public and Cooperative Economics, 2020, vol. 91, issue 4, 633-647

Abstract: Financial resources are critical for any young social enterprise. This study investigates the impact of social and economic signals on those social enterprises receiving loans from a social finance institution. Analysis of a sample of 109 social enterprises in South Korea showed that social entrepreneurship and management capabilities at the CEO level, and the corporate pursuit of social values and validity of business plans at the firm level, have a positive impact on getting loans approved by a social finance institution. We also found that those social enterprises that perform well on both social and economic dimensions, namely ambidextrous enterprises, are at a disadvantage when it comes to securing loan approval. Such a trade‐off is counterintuitive, making the financial resource strategies and consequent signals of social enterprises more complicated than previously assumed.

Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://doi.org/10.1111/apce.12272

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:annpce:v:91:y:2020:i:4:p:633-647

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1370-4788

Access Statistics for this article

Annals of Public and Cooperative Economics is currently edited by Marco Marini

More articles in Annals of Public and Cooperative Economics from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2025-03-19
Handle: RePEc:bla:annpce:v:91:y:2020:i:4:p:633-647