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From the Boardroom: Making Purpose Research Relevant for Practice

Author

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  • Rodolphe Durand

    (Society & Organizations Institute, HEC Paris, 78351 Jouy en Josas, France)

Abstract

This paper reflects on the burgeoning yet fragmented research on corporate purpose. Drawing on three actual situations I experienced, I point to three challenges of purpose research that require our scholarly attention to produce research relevant for practice: purpose justification, implementation, and evaluation.

Suggested Citation

  • Rodolphe Durand, 2023. "From the Boardroom: Making Purpose Research Relevant for Practice," Strategy Science, INFORMS, vol. 8(2), pages 149-158, June.
    • Handle: RePEc:inm:orstsc:v:8:y:2023:i:2:p:149-158
    DOI: 10.1287/stsc.2023.0182
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    References listed on IDEAS

    as
    1. Colin Mayer, 2021. "The Future of the Corporation and the Economics of Purpose," Journal of Management Studies, Wiley Blackwell, vol. 58(3), pages 887-901, May.
    2. Claudine Gartenberg & Andrea Prat & George Serafeim, 2019. "Corporate Purpose and Financial Performance," Organization Science, INFORMS, vol. 30(1), pages 1-18, February.
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    5. Gerald F. Davis, 2021. "Corporate Purpose Needs Democracy," Journal of Management Studies, Wiley Blackwell, vol. 58(3), pages 902-913, May.
    6. Diane-Laure Arjaliès & Rodolphe Durand, 2019. "Product Categories as Judgment Devices: The Moral Awakening of the Investment Industry," Organization Science, INFORMS, vol. 30(5), pages 885-911, September.
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    9. Ruth V. Aguilera, 2023. "Corporate Purpose in Comparative Perspective: The Role of Governance," Strategy Science, INFORMS, vol. 8(2), pages 193-201, June.
    10. Flore Bridoux & Régis Coeurderoy & Rodolphe Durand, 2011. "Heterogeneous Motives and the Collective Creation of Value," Post-Print hal-00632069, HAL.
    11. Tirole, Jean, 2001. "Corporate Governance," Econometrica, Econometric Society, vol. 69(1), pages 1-35, January.
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    14. Flore Bridoux & Régis Coeurderoy & Rodolphe Durand, 2017. "Heterogeneous social motives and interactions: The three predictable paths of capability development," Strategic Management Journal, Wiley Blackwell, vol. 38(9), pages 1755-1773, September.
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    Cited by:

    1. Claudine Gartenberg, 2023. "The Contingent Relationship Between Purpose and Profits," Strategy Science, INFORMS, vol. 8(2), pages 256-269, June.
    2. Marya Besharov & Björn Mitzinneck, 2023. "The Multiple Facets of Corporate Purpose: An Analytical Typology," Strategy Science, INFORMS, vol. 8(2), pages 233-244, June.
    3. William Ocasio & Matthew Kraatz & David Chandler, 2023. "Making Sense of Corporate Purpose," Strategy Science, INFORMS, vol. 8(2), pages 123-138, June.
    4. Juan (“John”) Almandoz, 2023. "Inside-out and Outside-in Perspectives on Corporate Purpose," Strategy Science, INFORMS, vol. 8(2), pages 139-148, June.

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