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Social Enterprises, Venture Philanthropy and the Alleviation of Income Inequality

Di Lorenzo, Francesco and Scarlata, Mariarosa (2018) Social Enterprises, Venture Philanthropy and the Alleviation of Income Inequality Journal of Business Ethics.

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Abstract

Building on the literature on hybrid organizations, this manuscript explores the relationship between the organizational activity of social enterprises backed by venture philanthropy investors and income inequality. Using Ashoka’s portfolio of Indian social enterprises as empirical context of Western venture philanthropy investing activity, our results suggest that a) Indian municipalities with social enterprises that have received venture philanthropy investments experience a decrease in income inequality level and b) when these social enterprises are dominated by a collectivistic organizational identity orientation the effect is stronger. Our findings have implications for the research on hybrid organizations, financing of social entrepreneurship and grand ethical challenges.

Item Type: Article
Divisions : Faculty of Arts and Social Sciences > Surrey Business School
Authors :
NameEmailORCID
Di Lorenzo, Francesco
Scarlata, Mariarosam.scarlata@surrey.ac.uk
Date : 5 November 2018
DOI : 10.1007/s10551-018-4049-1
Copyright Disclaimer : © Springer Nature B.V. 2018
Uncontrolled Keywords : Hybrid organizations; Income inequality; Social enterprises; Venture philanthropy
Depositing User : Clive Harris
Date Deposited : 08 Nov 2018 08:21
Last Modified : 06 Nov 2019 02:08
URI: http://epubs.surrey.ac.uk/id/eprint/849839

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