Corporate Purpose: A Social Judgement Perspective

Suddaby, Roy, Manelli, Luca ORCID: https://orcid.org/0000-0002-9305-2090 and Fan, Ziyun (2023) Corporate Purpose: A Social Judgement Perspective. Strategy Science, 8 (2). pp. 202-211. ISSN 2333-2050

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Abstract

We apply the lens of social judgement theory to understand the causes and consequences of the growing debate about the purpose of the corporation. Our historical analysis suggests that the debate about corporate purpose is not new and that it tends to arise during periods of growing economic inequality. Our analysis also suggests that the discursive shift from shareholder to stakeholder capitalism will trigger a new standard of social evaluation of corporations in which we no longer judge corporate behavior based on standards of legitimacy but rather on standards of authenticity. We explore what this change in social evaluation will mean for corporate competition.

Item Type:	Article
Additional Information:	Publisher Copyright: Copyright: © 2023 INFORMS.
Uncontrolled Keywords:	authenticity,corporate purpose,legitimacy,social value judgements,business and international management,strategy and management,management science and operations research,management of technology and innovation,sdg 10 - reduced inequalities ,/dk/atira/pure/subjectarea/asjc/1400/1403
Faculty \ School:	Faculty of Social Sciences > Norwich Business School
Related URLs:	https://www.scopus.com/pages/publication...
Depositing User:	LivePure Connector
Date Deposited:	25 Jun 2026 16:03
Last Modified:	28 Jun 2026 23:02
URI:	https://ueaeprints.uea.ac.uk/id/eprint/103495
DOI:	10.1287/stsc.2023.0185

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