Social license and the impact of corporate change
Social license and the impact of corporate change
This chapter presents an impactful case study in close detail to illustrate the effect of corporate change on perceived normative social values, focusing on a construction company that operated under the mission statement of building ordinary homes for ordinary people in Norway as a social cooperative. In summary, following restructure and movement into the luxury housing market at the beginning of the 2020s, the company expressed a desire to deviate from the established business model of the cooperative company, causing a powerful bottom-up reaction in terms of a member revolt that threatened the social license to operate and consequently the viability of the company.
social license, corporate change, social housing, deviation, challenge
215-245
Gottschalk, Petter
1ee888b0-7e8a-447c-b40f-7189aefede6f
Hamerton, Christopher
49e79eba-521a-4bea-ae10-af7f2f852210
3 November 2023
Gottschalk, Petter
1ee888b0-7e8a-447c-b40f-7189aefede6f
Hamerton, Christopher
49e79eba-521a-4bea-ae10-af7f2f852210
Gottschalk, Petter and Hamerton, Christopher
(2023)
Social license and the impact of corporate change.
In,
Corporate Social License : A Study in Legitimacy, Conformance, and Corruption.
1 ed.
London.
Palgrave Macmillan, .
(doi:10.1007/978-3-031-45079-2_10).
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Book Section
Abstract
This chapter presents an impactful case study in close detail to illustrate the effect of corporate change on perceived normative social values, focusing on a construction company that operated under the mission statement of building ordinary homes for ordinary people in Norway as a social cooperative. In summary, following restructure and movement into the luxury housing market at the beginning of the 2020s, the company expressed a desire to deviate from the established business model of the cooperative company, causing a powerful bottom-up reaction in terms of a member revolt that threatened the social license to operate and consequently the viability of the company.
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e-pub ahead of print date: 2 November 2023
Published date: 3 November 2023
Keywords:
social license, corporate change, social housing, deviation, challenge
Identifiers
Local EPrints ID: 484709
URI: http://eprints.soton.ac.uk/id/eprint/484709
PURE UUID: b54a2458-0dd9-45d8-bf3c-9f9cfb60f5fd
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Date deposited: 20 Nov 2023 17:44
Last modified: 18 Mar 2024 03:47
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Author:
Petter Gottschalk
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