Resources and Capabilities of Triple Bottom Line Firms: Going Over Old or Breaking New Ground?

Verfasser / Beitragende:
[Ante Glavas, Jenny Mish]
Ort, Verlag, Jahr:
2015
Enthalten in:
Journal of Business Ethics, 127/3(2015-03-01), 623-642
Format:
Artikel (online)
ID: 605485372
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024 7 0 |a 10.1007/s10551-014-2067-1  |2 doi 
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245 0 0 |a Resources and Capabilities of Triple Bottom Line Firms: Going Over Old or Breaking New Ground?  |h [Elektronische Daten]  |c [Ante Glavas, Jenny Mish] 
520 3 |a Supported by a qualitative study of triple bottom line (TBL) firms—those that simultaneously prioritize economic, social, and environmental objectives—we investigated the market logic and practices of TBL firms to better understand how they fulfill their mission and achieve their goals. We explored if and how TBL firms may differ in their approach to stakeholders and the management of their resources, including dynamic capabilities. We employed a research design that emphasizes the iterative comparison of narrative data within themselves and with scholarly literature [i.e., resource-based view (RBV)] to develop new theoretical insights. Because the RBV is commonly used to theorize how firms achieve competitive advantage, we explored whether TBL firms achieve competitive advantage differently from what RBV theory would predict. Our data suggest that how a firm defines value has a significant influence on the capabilities it creates and how it treats its resources. We find that TBL firms redefine value to not only focus on the end product or service but also to include the systemic cost of delivering goods. As a result, TBL firms differ from prevailing scholarly thought in RBV. They strive to have resources that are sustainable and therefore imitable, commonly found, and substitutable. Moreover, they are not only transparent in their processes but also collaborate with others in the value chain and in their sector. In doing so, they deliberately create new markets from which other firms can benefit. Rather than focusing on competitive advantage, they focus on collaborative advantage. 
540 |a Springer Science+Business Media Dordrecht, 2014 
690 7 |a Resource-based view  |2 nationallicence 
690 7 |a Corporate social responsibility  |2 nationallicence 
690 7 |a Triple bottom line  |2 nationallicence 
690 7 |a Sustainability  |2 nationallicence 
690 7 |a Social entrepreneurship  |2 nationallicence 
700 1 |a Glavas  |D Ante  |u Department of Management, Mendoza College of Business, University of Notre Dame, 366 Mendoza College of Business, 46556-5646, Notre Dame, IN, USA  |4 aut 
700 1 |a Mish  |D Jenny  |u All4One Development, Missoula, MT, USA  |4 aut 
773 0 |t Journal of Business Ethics  |d Springer Netherlands  |g 127/3(2015-03-01), 623-642  |x 0167-4544  |q 127:3<623  |1 2015  |2 127  |o 10551 
856 4 0 |u https://doi.org/10.1007/s10551-014-2067-1  |q text/html  |z Onlinezugriff via DOI 
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900 7 |a Metadata rights reserved  |b Springer special CC-BY-NC licence  |2 nationallicence 
908 |D 1  |a research-article  |2 jats 
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950 |B NATIONALLICENCE  |P 856  |E 40  |u https://doi.org/10.1007/s10551-014-2067-1  |q text/html  |z Onlinezugriff via DOI 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Glavas  |D Ante  |u Department of Management, Mendoza College of Business, University of Notre Dame, 366 Mendoza College of Business, 46556-5646, Notre Dame, IN, USA  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Mish  |D Jenny  |u All4One Development, Missoula, MT, USA  |4 aut 
950 |B NATIONALLICENCE  |P 773  |E 0-  |t Journal of Business Ethics  |d Springer Netherlands  |g 127/3(2015-03-01), 623-642  |x 0167-4544  |q 127:3<623  |1 2015  |2 127  |o 10551