TY - JOUR A1 - Mion, Giorgio A1 - Loza Adaui, Cristian Rolando A1 - Bonfanti, Angelo A1 - De Crescenzo, Veronica T1 - Mission statements and financial and sustainability performance: An exploratory study of Benefit Corporations certified as B Corps JF - Journal of Business Research UR - https://doi.org/10.1016/j.jbusres.2022.113585 Y1 - 2022 UR - https://doi.org/10.1016/j.jbusres.2022.113585 SN - 1873-7978 SN - 0148-2963 VL - 2023 IS - 157 PB - Elsevier CY - Amsterdam ER - TY - JOUR A1 - Mion, Giorgio A1 - Bonfanti, Angelo A1 - De Crescenzo, Veronica A1 - Loza Adaui, Cristian Rolando T1 - Mission statement and social impact: Shedding light on the contribution of Italian B corps to society JF - Long Range Planning N2 - This qualitative study examines the relationship between the mission statements of 161 Italian B Corps and their social impact performance, measured by the B Impact Assessment (BIA). The research combined different qualitative methods: content analysis, text mining, and fuzzy-set qualitative comparative analysis (fsQCA) in a homogeneous research design to explore the content of B Corps mission statements and their influence on social impact performance. The results reveal that B Corps’ mission statements are compound in nature, combining elements related to philosophy and values, environmental protection, and social benefit with the drive toward market success and economic performance. Additionally, mission statements with rich content are associated with better social impact performance, highlighting the role of the mission statement in creating identity and imprinting differentiation for B Corps. Finally, this study offers practical recommendations for entrepreneurs and managers of B Corps to craft clear mission statements that promote positive social impact. UR - https://doi.org/10.1016/j.lrp.2023.102377 KW - Mission statements KW - Social impact KW - B corps KW - Social entrepreneurship KW - Social-oriented businesses KW - Managerial ambidexterity KW - Benefit impact assessment KW - Content analysis KW - Text mining KW - fsQCA Y1 - 2023 UR - https://doi.org/10.1016/j.lrp.2023.102377 UR - http://nbn-resolving.de/urn/resolver.pl?urn:nbn:de:bvb:573-40141 SN - 1873-1872 SN - 0024-6301 VL - 57 IS - 1 PB - Elsevier CY - London ER -