“…So, one could argue that the fBComp does not represent a new business approach, but rather a development towards the socialization/legitimacy of traditional business models. According to reputation researches, the perception stakeholders mature as a consequence of corporate communication actions, refers to four areas (social, financial, product and employment) and is aimed to differentiate the company from its competitors (Gioia, Schultz, and Corley, 2000;Pruzan, 2001;Fombrun and Van Riel, 2003;Illia and Lurati, 2006;Van Riel and Fombrun, 2007). However, according to the studies about legitimacy and reputation, fBComp conformity to contextual rules, norms and cultural values could support both the development of the fBComp in a competitive context and a cognitive legitimacy positioning (Abratt and Kleyn, 2012;Suchman, 1995).…”