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Beyond Management Compliance:Organizational Conformity for Business Legitimacy

Author

Listed:
  • Petter Gottschalk

    (BI Norwegian Business School, Norway)

Abstract

This book argues that management compliance is not sufficient for business legitimacy. True legitimacy is a matter of a company's stakeholders' values and actions being aligned with those of broader society. Alignment with laws, rules, and regulations is only a matter of corporate compliance necessary to secure the legal licensing to operate, and is distinct from conformance with the norms, values, and ethics necessary to secure the social license to operate.

Suggested Citation

  • Petter Gottschalk, 2026. "Beyond Management Compliance:Organizational Conformity for Business Legitimacy," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number q0573.
    • Handle: RePEc:wsi:wsbook:q0573
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    File URL: https://www.worldscientific.com/worldscibooks/10.1142/q0573
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    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • K14 - Law and Economics - - Basic Areas of Law - - - Criminal Law
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making

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