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  • 11 Oct 2016
  • Working Paper Summaries

Corporate Purpose and Financial Performance

Keywords: by Claudine Gartenberg, Andrea Prat, and George Serafeim
  • 22 May 2018
  • First Look

New Research and Ideas, May 22, 2018

Claudine, Andrea Prat, and George Serafeim Abstract—We construct a measure of corporate purpose within a sample of... View Details
Keywords: Dina Gerdeman
  • January–February 2019
  • Article

Corporate Purpose and Financial Performance

By: Claudine Gartenberg, Andrea Prat and George Serafeim
We construct a measure of corporate purpose within a sample of U.S. companies based on approximately 500,000 survey responses of worker perceptions about their employers. We find that this measure of purpose is not related to financial performance. However, high... View Details
Keywords: Corporate Purpose; Purpose; Employee Motivation; Belief Systems; Corporate Performance; Human Capital; Middle Management; Culture; Corporate Culture; Meaning; Mission and Purpose; Organizational Culture; Employees; Perception; Values and Beliefs; Performance Effectiveness
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  • 11 Oct 2016
  • First Look

October 11, 2016

lowest quality. Our results underscore the importance of considering dynamic effects in the economic analysis of tort laws. Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=50634 Corporate Purpose and Financial... View Details
Keywords: Sean Silverthorne
  • 01 Jun 2017
  • News

Research Brief: Profit with Purpose—and Middle Management

purpose gets real,” says Serafeim. “Top executives must have a vision, but it’s the implementation by middle management—the space between where strategy gets formed and where it gets executed—that is so... View Details
Keywords: Erin Peterson