Abstract

This study aims to examine the influence of an organization’s missions on employees’ turnover intention in the rarely studied context of social enterprises. Data collected from 236 full-time employees working for social enterprises in South Korea indicated that the negative relationship between social mission and turnover intention was mediated by the meaning of work; this mediation effect was weaker when the economic mission was stronger. The study contributes to the literature on organizational psychology (i.e., meaning of work, turnover) in the context of a new, but increasingly prevalent, organizational form—social enterprises. It also provides practical advice for managers seeking to retain and empower employees and enhance the sustainability of their social enterprises.

Highlights

  • Social enterprises aim to create social benefit through profit-seeking businesses [1].The typical social enterprise has a specific social mission to clarify the intended social impact on the targeted beneficiaries [2]

  • We first tested the measurement model which consisted of four factors: social mission, economic mission, meaning of work, and turnover intention

  • After parceling 10 items measuring the meaning of work to three constructs and allowing an additional correlated residual among the items within turnover intention based on modification indices [21], the chi-square statistic was found to be significant: X2 (47, N = 236) = 102.32, p < 0.001

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Summary

Introduction

Social enterprises aim to create social benefit through profit-seeking businesses [1]. The typical social enterprise has a specific social mission to clarify the intended social impact on the targeted beneficiaries [2]. The identity of a social enterprise is usually hybrid, combining the dual identities of profit seeker and social problem solver [3]. This study investigates how this uniqueness makes a difference in empowering employees. An increasing number of studies have been published on the management, leadership, and ecological trends of social enterprises [4]. Not many studies have focused on the social enterprise as a workplace for individual employees

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