Impact of mission statement components on social enterprises’ performance

Jasmina Berbegal-Mirabent, Marta Mas-Machuca () and Patricia Guix ()
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Marta Mas-Machuca: Universitat Internacional de Catalunya
Patricia Guix: Universitat Internacional de Catalunya

Review of Managerial Science, 2021, vol. 15, issue 3, No 6, 705-724

Abstract: Abstract Social enterprises mix economic and social objectives, forming a bridge between non-profit and profit enterprises. Mission statements are a strategic tool that can provide a company with a purpose of being, a “being” that communicates the core of the business to internal and external stakeholders. In this paper we aim to investigate the link between mission statements and performance in social enterprises. The sample includes 39 social enterprises located in Spain. Our findings indicate that those firms for which the mission statement explicitly considers the customers and the product/service offer are more likely to exhibit higher economic performance.

Keywords: Social enterprises; Mission statement; Qualitative comparative analysis; Performance (search for similar items in EconPapers)
JEL-codes: C35 L19 L31 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (4)

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DOI: 10.1007/s11846-019-00355-2

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