Getting Down to Business: Governing the Hybridization of UK Charities

IF 7 1区 管理学 Q1 BUSINESS
Kevin Curran, Pinar Ozcan
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Abstract

Charity organizations are important to solving complex social and environmental issues that are beyond the reach of government and commercial organizations. However, these organizations are under increasing pressure for survival due to a sharp decrease in their traditional sources of funding. This study examines how leaders of charity organizations can improve the financial security and impact of their organization by adopting commercial structures into their organization, and therefore undergoing a process of hybridization. We conducted a multiple comparative case study of 18 UK charities comparing how they engaged with emerging social finance funding opportunities that required them to adopt commercial structures which lay outside their dominant logic of action. We identified several aspects that influenced the likelihood of a charity organization to engage with this opportunity and, therefore, strategically hybridize. These included whether a charity executive had sufficient socialization in both the social and commercial logics to view social finance as a strategic opportunity and whether the organization could alter the role expectations of trustees with a commercial background to enable them to actively use both logics rather than compartmentalizing them in their decision‐making. Our findings have important implications for research streams on hybridization and hybrid governance.
着手开展业务:管理英国慈善机构的混合化
慈善组织对于解决政府和商业组织无法解决的复杂社会和环境问题非常重要。然而,由于传统的资金来源急剧减少,这些组织面临着越来越大的生存压力。本研究探讨了慈善组织的领导者如何通过在其组织中采用商业结构,从而经历一个混合化的过程,来提高其组织的财务安全和影响力。我们对英国的 18 家慈善机构进行了多重比较案例研究,比较了它们如何利用新兴的社会融资机会,这些机会要求它们采用超出其主导行动逻辑的商业结构。我们发现,有几个方面会影响慈善组织参与这种机会的可能性,从而影响其战略混合。这些方面包括:慈善机构的高管是否在社会和商业逻辑方面都有足够的社会化经验,从而将社会融资视为一个战略机遇;慈善机构是否能够改变对有商业背景的受托人的角色期望,使他们能够积极利用这两种逻辑,而不是在决策中将其割裂开来。我们的研究结果对有关混合和混合治理的研究具有重要意义。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
16.40
自引率
5.70%
发文量
99
期刊介绍: The Journal of Management Studies is a prestigious publication that specializes in multidisciplinary research in the field of business and management. With a rich history of excellence, we are dedicated to publishing innovative articles that contribute to the advancement of management and organization studies. Our journal welcomes empirical and conceptual contributions that are relevant to various areas including organization theory, organizational behavior, human resource management, strategy, international business, entrepreneurship, innovation, and critical management studies. We embrace diversity and are open to a wide range of methodological approaches and philosophical perspectives.
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