Conclusion

Throughout this book, it has been posited that the social licensesocial license to operate refers to the extent of stakeholder acceptancestakeholder acceptance of business operationsbusiness operations. It is a matter of corporate conformance (Gottschalk and Hamerton, Corporate Social License: A Study in Legitimacy, Conformance, and Corruption, Palgrave Macmillan, 2023; Lewis and Carlos, Administrative Science Quarterly 67:1093–1135, 2022).