Advancing the common good through business excellence awards:A legitimacy-seeking perspective

Abstract

Competing for and winning business excellence awards (BEAs) is essential for firms' long-term performance. However, the role of these BEAs in inspiring good and generating sustainable business practices has often been overlooked. In this article, we draw on the legitimacy-seeking theory to explore the “socially good” transformations firms go through by competing for BEAs. Data for the inquiry come from semi-structured interviews with managers whose firms competed in two BEAs in the United Kingdom. Providing insight into BEAs as a competitive legitimating frame in organizing, our findings shed light on how BEAs may serve as competitive crucibles that provide opportunities for feedback and learning, potentiality for brand positioning, and a possibility for stimulating excellence in the adoption of good business practices. The implications of these findings for the theory and practice of advancing the “common good” are outlined.

Publication DOI: https://doi.org/10.1002/jsc.2606
Divisions: College of Business and Social Sciences > Aston Business School
College of Business and Social Sciences
College of Business and Social Sciences > Aston Business School > Marketing & Strategy
Aston University (General)
Additional Information: Copyright © 2024 The Author(s). This work is licensed under a Creative Commons Attribution 4.0 International License (https://creativecommons.org/licenses/by/4.0/).
Uncontrolled Keywords: brand positioning,business excellence awards,good business practices,legitimacy seeking,social validation,General Business,Management and Accounting,Finance
Publication ISSN: 1099-1697
Data Access Statement: The data that support the findings of this study are available from the corresponding author upon reasonable request.
Last Modified: 08 Nov 2024 08:27
Date Deposited: 23 Oct 2024 15:13
Full Text Link:
Related URLs: https://www.sco ... tnerID=8YFLogxK (Scopus URL)
https://onlinel ... 0.1002/jsc.2606 (Publisher URL)
PURE Output Type: Article
Published Date: 2024-10-01
Published Online Date: 2024-10-01
Accepted Date: 2024-09-07
Authors: Asante, Shadrack
Sarpong, David (ORCID Profile 0000-0002-1533-4332)
Aidoo, Eunice
Ogunsade, Adekunle Isaac

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