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    Business ethics crisis and social sustainability. The case of the product "Pura Vida" in Peru
    (MDPI, 2020-04-01)
    Peru is a Latin American country with one of the most powerful and dynamic emerging economies in the world; however, it reveals considerable inconsistencies and socioeconomic inequalities. This research demonstrates that business ethics and corporate social responsibility are closely related with the welfare state of the country/region where a company is incorporated. Research work has been carried out on the case of the product "Pura Vida", of the Gloria Company, implementing a mixed research method (documentary, quan and qual) in which a descriptive collection of data from different sources, in relation to the company and the crisis with Pura Vida milk, has been used; additionally, an ad hoc survey has been conducted on a sample of Peruvian citizens to know their insight in relation to the relevant aspects of business ethics and corporate responsibility and their opinion regarding the specific case being investigated; finally, in-depth interviews were held with the company's management staff. It is shown that without a certain degree of welfare state, it is difficult to implement ethics and social responsibility in companies and in society as a whole. In addition, the main concerns of Peruvians regarding ethics and social responsibility can be observed.
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    Firm-level indicators of instrumental and political CSR processes – A multiple case study
    (Elsevier, 2020-07-29)
    Recent studies have been increasingly distinguishing between instrumental and political approaches to corporate social responsibility (CSR). However, few studies have explored the firm-level processes generating these types of CSR engagements. Using Basu and Palazzo's (2008) proposition to model CSR as a process of sensemaking, we suggest that multinational enterprises use different processes in developing capabilities around instrumental and political CSR. Our qualitative multiple case–study analysis is based on data from 42 in-depth, semi-structured interviews with 27 senior managers from British American Tobacco, Nestlé, and Hewlett Packard. Our findings from the three cases indicate that instrumental and political CSR are characterised by different sensemaking processes. We also find evidence for overlapping of processes between instrumental and political CSR.
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    Some preliminary considerations for the legal-economic analysis of corporate social responsibility
    (Universidad de Los Hemisferios, 2021-09-15)
    This review article presents some preliminary considerations and describes the evolution of corporate social responsibility, which is necessary for an informed study of this “tool”. In that sense, the authors resort to a preliminary exploration of the conceptual framework of the legal-economic approach presenting social responsibility and the relationship that subsists with “property rights”, the relevance of “transaction costs”, among other aspects. They also explore the interrelation between social responsibility and its forms of legal exercise and its characterization in areas that involve linking it with workers, unions, and consumers. The aim is to highlight its importance and build a contribution where social responsibility will be studied from an analytical and empirical perspective. Thus, it is sought to conclude that the company considers implementing and complying with good corporate governance standards since they expand the shared vision of business management, effectively allocating resources to obtain the most significant benefits of establishing a corporate social responsibility regime.
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    An analysis of the content and quality of corporate sustainability reports according to GRI standards in Peruvian mining companies supervised by the SMV in 2018: deficiencies and opportunities
    (Universidade Federal de Santa Catarina, 2021-04-30)
    Corporate sustainability has become a distinctive factor of global leaders, who communicate sustainable development actions using corporate sustainability reports (CSR) in accordance with international reporting standards such as GRI. In Latin America there is a high variability in their adoption and the Peruvian mining sector has been facing credibility problems due to the incidence of socio-environmental conflicts in its projects, despite its recent consistency in the presentation of CSR. A statistical analysis of a sample of mining companies that submitted their CSR to the SMV in 2018 showed that half of them complied with presenting CSR; nonetheless, GRI principles are not strictly followed. Reports stress the social pillar over the environmental and economic ones; with an imbalance between positive, neutral and negative actions; and do not present their sources to make data auditable. An opportunity is presented for the creation of a specialized area in the SMV to review CSR.
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    A Bayesian resampling approach to estimate the difference in effect sizes in consumer social responses to CSR initiatives versus corporate abilities
    (John Wiley and Sons Ltd, 2021-11-01)
    We expand previous analyses and advance our understanding of the difference in the impact on consumer purchasing behaviour between pursuing corporate social responsibility (CSR) initiatives and improving corporate abilities. To this aim, a Bayesian bootstrapping simulation is applied to selected consumer samples for 123 homogeneous choice‐based conjoint studies. We develop a simulation‐based approach to estimate the empirical distributions of effect sizes under two Bayesian bootstrap resampling schemes. This approach permits us to evaluate the results for two predefined classifications: Foote‐Cone‐Belding (FCB) and gender. The results indicate that females exhibit higher concern for CSR initiatives. Furthermore, we found that managers can exploit the classification of their product in the FCB grid and obtain more efficient consumer responses by implementing strategies focused on certain attributes. This is the first application of the FCB grid to identify differences in consumer responses across different products with different levels of rational consideration and involvement.
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    The economic consequences of the loan guarantees and firm’s performance: a moderate role of corporate social responsibility
    (SAGE Publishing, 2021-10-04)
    This study examines the causal relationship between loan guarantee and firm’s performance through a moderate role of corporate social responsibility (CSR). This study used 350 non-financial firms of China for data analysis. This study used annual panel data set from non-financial firms starting from 2009 to 2019. The findings show that a positive significant association exists among the relationship between loan guarantee and firm’s performance. Moreover, a moderate role of Corporate Social Responsibility also strengthens the relationship between the loan guarantee and firm’s performance. Furthermore, the logit regression results show that the loan guarantee, financial performances and CSR are negatively affecting the long-term zero-debts through all combinations. Also, the financial performances and loan guarantees are negatively influencing the constraints of firms in China, which shows that the financial performances and loan guarantee improvement of the firms lead to removing the constraints of firms in China.
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    Research on social responsibility of small and medium enterprises: a bibliometric analysis
    (Institute for Ionics, 2022-09-01)
    Research on corporate social responsibility continues to advance in the context of small and medium-sized enterprises (SMEs), although the results remain fairly contentious and fragmented. Corporate social responsibility (CSR) and sustainability today are strong trends in the corporate world. This article discusses the literature on Corporate Social Responsibility (CSR) research in SMEs with the goal of understanding the history and research patterns over the last 20 years based on the review of 120 papers. We describe the contribution of literature in terms of epistemological orientation and identify the state-of-the-art of CSR research by linking it to a bibliometric analysis. In this paper, we contribute to the literature by finding a growing interest of CSR in Europe and North America and a relative increase in CSR empirical studies vis-a-vis a relative decrease in descriptive papers. According to our results, we rank CSR research in SMEs at a growing stage but with theoretical limitations when it comes to evolving into a mature stage and, eventually, provide a reference point for the theoretical and methodological positioning of future research.
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    Taking stock of corporate social responsibility practices in Peru: the role of internal and external CSR, accountability and citizenship
    (Inderscience Publishers, 2022-01-01)
    This paper reviews corporate social responsibility (CSR) and its challenges in four main Peruvian private sectors (agroindustry, construction, mining and manufacturing). Based on the lessons learned, it aims at raising awareness on CSR crucial role in Peru, and responsiveness on sustainable development issues, while providing a roadmap to practitioners to measure CSR compliance. Through a qualitative approach, the question this paper intends to answer is to what extent Peruvian companies comply with internal and external CSR practices along with accountability and citizenship. To answer this question, we selected a purposive sample of private sector Peruvian companies; structured interviews have been conducted to measure and then compare their compliance rate concerning the mentioned CSR dimensions. While still much needs to be improved concerning CSR practices in these Peruvian private sectors, based on our research, citizenship appears to be a critical aspect which needs further attention by companies and policymakers in Peru.
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    The Palgrave Handbook of Social Sustainability in Business Education
    (Springer, 2024-03-13)
    This book provides a holistic conceptualization of social sustainability, going beyond the topics of diversity, equity, and inclusion, and showcases how the United Nations' Sustainable Development Goals (SDGs) emphasizing social sustainability can be integrated into business studies' curricula in different parts of the world. A unique collection of literature comprising educational principles, content, activities, and cases will guide educators, managers of business study programs, and higher education leaders in developing engaging, high-impact educational experiences that enable students to solve grand societal challenges and grow as ethical, inclusive leaders. This handbook features a wide-range of tested teaching innovations. These cover education models addressing newest trends, such as utilizing artificial intelligence and blockchain technologies in education about-and-for socially sustainable business or skill development for enabling circular economy and sustainable production and consumption patterns. The classical, impactful yet underutilized in business studies instructional techniques such as storytelling and theatre are also discussed comprehensively. A cross-disciplinary approach of the handbook speaks to scholars aiming to research and implement business education, which connects social, environmental, and economic dimensions in quality education that promotes sustainable development.
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    Social effect and corporate social responsibility: An analysis of the oil sector in an emerging market
    (AfricaGrowth Institute, 2024-12-01)
    Corporate Social Responsibility (CSR) and social impact are two fundamental pillars of companies' strategy. However, the extent to which these two dimensions affect market performance remains understudied in emerging economies. To fill this gap, this paper examines the relationship between CSR and social impact in the oil industry in an emerging market (Peru). Using an adequate case study approach, together with financial data analysis, and the information provided by companies’ annual reports and CSR reports, our results show that the expected positive relationship varies depending on many diverse factors. Specifically, to achieve social impact, companies must prioritize community and environmental responsibility, as well as stakeholder engagement. Nevertheless, we found that businesses struggling with any of these aspects either completely or partially reject social impact. Our findings have some important ramifications for policymakers as well as managers in the oil sector. This issue is especially relevant in emerging economies like the Peruvian one since they are highly dependent on raw materials exports, which ultimately affects not only the environment but also the local communities.