Stakeholder Pressure in Social Entrepreneurship: A Qualitative Exploration

Abstract

The media, governments, and academics throughout the world are focusing progressively on social entrepreneurship as it becomes an increasingly significant global phenomenon. Similarly, the past literature declares that firm’s approaches to social responsibility could vary, but they always place a greater emphasis on satisfying and shaping the expectations of stakeholders. In a similar vein, it is evident that organizations face a unique problem that goes far beyond balancing their interests and demands with those of their stakeholders. Thereby, the underlaying aim of this study is to explore the role of stakeholder pressure interventions in social entrepreneurship. Further, this paper shed light on the future growth of the stakeholder pressure in social enterprise research agenda and how to entice new researchers to participate to it. This is primarily a conceptual study using a qualitative approach to the topic at hand. A comprehensive literature review and the considerations garnered from informants given. According to our views, the conceptual and empirical scope of the stakeholder pressure in social entrepreneurship area must be redefined and further explored. The insights discussed in this paper aid in resolving and explaining some of the arguments and conceptual and practical obstacles that have impeded the growth of the stakeholder pressure in social enterprise research agenda.