Managerial values are abstract ideals that act as guiding principles for managing enterprises. Organizational identities connote the central, enduring, and distinctive features of an organization’s self-definition. There is a need to examine how and which managerial values are acted upon within developing country enterprises and how these values are reflected, projected, or disguised in the organizational identities of these enterprises. This special issue pays particular attention to how organizational identities respond to conflicting managerial values in the developing world, how values work enables enterprises to adapt to environmental change, and the relationship between organizational aspiration and positive identities in developing world enterprises.