The change from the creation to destruction of public value in social and institutional contexts: The case of CEO peer and policy networks within Dutch social housing sector

H.M. Koolma, C.F. van Dreven

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Abstract

This study examines the question of which factors can explain the change from creation to destruction of public value in social and institutional environments. Second, what do CEO peer networks and policy networks in which CEOs participate contribute to such a change. The aim of the study is to design and test a comprehensive framework for understanding the change from
value creation to destruction. This framework is constructed through an integration of two distinct theoretical approaches, public value management and destructive leadership. The second component is proposed, inasmuch public value management does not take into account the risk of unethical behavior of organizations’ leaders. The framework is applied to a qualitative analysis
of public management in the Dutch social housing sector. Interviewed CEOs of housing corporations proudly explained public value creation in the nineties. However, indications of destructive leadership outnumbered references to value creation in the first decade of this millenium. In this period, CEOs competed for dominance in peer and policy networks. Reputation drive superseded
improvement drive when determining mergers and hazardous projects, unrelated to social housing purposes. Instead of authorizing, the institutional environment has been conducive to value destructing courses of action by CEOs.
Original languageEnglish
Pages (from-to)595-612
Number of pages18
JournalPublic Integrity
Volume21
Issue number6
Publication statusE-pub ahead of print - 3 Oct 2019

Keywords

  • leadership
  • Ethical
  • public value management
  • reputation
  • network behavior

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