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California Management Review
California Management Review is a premier academic management journal published at UC Berkeley
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Article Information
Hybrid Organizations as Shape-Shifters: Altering Legal Structure for Strategic Gain
Haigh, Nardia , Elena Dowin Kennedy, and John Walker
57
/
3
(
Spring
2015
):
59
-
82
Social entrepreneurs navigate a complex landscape of legal structures in which they need to select among for-profit, nonprofit, and mixed-entity structures. This study of 48 hybrid organizations identifies why social entrepreneurs chose one legal structure over another and explains what motivates half of them to change their legal structure as they build their enterprise. It highlights the critical desire for flexibility among social entrepreneurs, discusses the implications that changes to legal structure may have for companies and hybrids in partnerships, and explores how companies can leverage hybrid structures to go beyond their current scope of CSR initiatives.