Corporate social responsibility: Evolution through institutional and stakeholder perspectives

Martínez, Jesús Barrena; López‐Fernández, Macarena; Fernández, Pedro Miguel Romero

doi:10.1016/j.redee.2015.11.002

Cited by 139 publications

(103 citation statements)

References 45 publications

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“…In fact, several authors such as Mahoney and Thorne () or Campbell, Johnston, Sefcik, and Soderstrom () argue that “executive compensation is likely to promote good social and environmental performance, which can enhance social and environmental legitimacy as well as organizational survival capabilities” (Haque, , p. 348). This approach to compensation policies from the point of view of sustainability can be framed within two disciplines that explain the internalization of social responsible behaviors by firms “in response to environmental pressures” (Barrena‐Martínez, López‐Fernández, & Romero‐Fernández, , p. 9): the stakeholder theory and the institutional theory. The stakeholder theory (Freeman, ) proposes that the role of a corporation “is to serve the interests of other non‐investing stakeholders as well” (Cai et al, , p. 162), creating value by anticipating the changes society demands (Barrena‐Martínez, López‐Fernández, Márquez‐Moreno, & Romero‐Fernández, ).…”

Section: Literature Reviewmentioning

confidence: 99%

Sustainable compensation policies and its effect on environmental, social, and governance scores

Baraibar‐Diez

Odriozola

Sánchez

2019

Corp Soc Responsibility Env

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The incorporation of sustainable compensation policies reflects the willingness of companies to manage the behavior of directors towards long-term goals, responding to a large number of stakeholders with different demands. Analysis of compensation policies is biased to financial performance, so that the effectiveness of sustainable policies remains unexplored. This paper investigates whether having a sustainable compensation policy has a positive influence on environmental, social, and governance (ESG) and economic scores. These relationships are tested by estimating a fixed-effects model for listed companies from Spain, France, Germany, and the United Kingdom in the period 2005-2015. According to the results, sustainable compensation policies affect ESG scores, but especially when firms have a corporate social responsibility committee acting as control mechanism and supporting the achievement of those objectives, triggering better nonfinancial performance. This paper contributes to literature by exploring the effect of sustainable incentives and expands the range and richness of results by including four different scores.

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Section: Literature Reviewmentioning

confidence: 99%

Sustainable compensation policies and its effect on environmental, social, and governance scores

Baraibar‐Diez

Odriozola

Sánchez

2019

Corp Soc Responsibility Env

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“…cultural norms, religious beliefs or professional routines) because they cannot survive without a certain level of external social approval (e.g. Barrena‐Martínez et al, ; Jamali et al, ; cf. Frynas and Yamahaki, ).…”

Section: Theoretical Frameworkmentioning

confidence: 99%

The Role of Normative CSR‐Promoting Institutions in Stimulating CSR Disclosures in Developing Countries

Ali

Frynas

2017

Corp Soc Responsibility Env

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This paper provides evidence that CSR (corporate social responsibility) forums and networks such as the United Nations Global Compact Local Network (UNGC), non-governmental organizations (NGOs) such as the World Wide Fund (WWF) for Nature, and CSR standards such as International Organization for Standardization (ISO) 14000 play a significant role in driving CSR disclosure, using data from publicly quoted companies in Pakistan. The role of CSR-promoting institutions in enhancing capacity can provide a key explanation for the previously noted differences in disclosure patterns between developed and developing countries, on the one hand, and the improved disclosure in developing countries linked to the development of such institutions, on the other. Academically, this research demonstrates the vital importance of CSR-promoting institutions, and the related normative isomorphism logics, for CSR disclosure in lower-income countries, which have previously been assumed to largely lack such institutions. In practical terms, the significant relationship between CSR-promoting institutions and CSR disclosure suggests that we need stronger policies to encourage the development of such institutions.More research on developing countries is highly warranted given the perceived wide differences between developed and developing countries with regards to disclosure practices (Ali et al., 2017), which can be attributed to different socio-cultural environments, religious influences or levels of national economic development (Örtenblad, 2016;Jamali and Karam, 2017). Empirical studies in developed countries have pointed to a wide range of different influencesand hence a mixture of different domestic sources of isomorphic pressureson CSR disclosure, emanating largely from domestic stakeholder groupsincluding regulators (Neu et al.

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“…Al encontrarse escasos estudios de la influencia que ejerce la rse sobre la imagen de marca afectiva y la reputación en las empresas, y en específico en el sector de autoservicios en México, se comprobó que se deben realizar investigaciones a mayor profundidad en el contexto de América Latina, y seguir explorando el entorno como recomienda Barrena et al (2016), ya que los resultados obtenidos son divergentes con otros países como España, Corea del Sur y Taiwán, siendo esta última una economía emergente como la mexicana. Regresando a América Latina y el Caribe, como menciona en el sector hotelero, su modelo solamente se constituye de dos variables de rse: la social y la ambiental, lo que concuerda con los resultados en el estudio, donde se rechazó por completo la influencia de la dimensión económica en la imagen y la reputación en el sector de autoservicios.…”

Section: Conclusionesunclassified

La responsabilidad social empresarial en la imagen de marca afectiva y reputación

Echeverría-Ríos

Ábrego-Almazán

Quintero

2018

Innovar

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RESUMEN: La responsabilidad social empresarial (rse) se ha convertido en uno de los aspectos relevantes para los consumidores, ya que se preocupan por el tipo de empresa que está detrás del producto o servicio que adquieren. El propósito de esta investigación es determinar la influencia de la rse en la imagen de marca afectiva y la reputación en el sector de autoservicios. Por esta razón, se desarrolló un estudio empírico en la zona centro del estado de Tamaulipas (México) a 316 consumidores. El análisis de los datos recabados fue a través de la técnica estadística de Mínimos Cuadrados Parciales. Finalmente, los resultados indican que la rse afecta directa y significativamente a la imagen de marca y la reputación en la dimensión legal; no obstante, se pudo observar que la dimensión económica no muestra inferencia significativa.PALABRAS CLAVE: imagen marca afectiva, reputación, responsabilidad social empresarial. IntroducciónActualmente, el sector de negocios le da importancia a la responsabilidad social empresarial (rse), debido a que hay clientes que prefieren productos que se vendan en empresas socialmente responsables, sin importar el precio de los productos. Este fenómeno se refleja también en un beneficio común para la sociedad, ya que a largo plazo las empresas pueden obtener una ganancia al conseguir la confianza y la fidelidad del cliente.Parte de las percepciones del cliente acerca de las empresas son dictadas por las marcas, ya que forman parte de la vida cotidiana de los consumidores, lo que se manifiesta en sus experiencias acumuladas a través del Marketing CORPORATE SOCIAL RESPONSIBILITY IN AFFECTIVE BRAND IMAGE AND BRAND REPUTATIONABSTRACT: Corporate Social Responsibility (csr) has become one of the most significant aspects for consumers, since they are concerned about the type of company behind the product or service they acquire. The purpose of this research is to determine the influence of csr on affective brand image and brand reputation in self-service sector companies. For this reason, an empirical study was developed in the central area of the state of Tamaulipas (Mexico) with 316 consumers. Data analysis was completed through Partial Least Squares statistical technique. The results indicate that csr directly and significantly affects brand image and reputation in the legal dimension. However, as observed, the economic dimension does not show a significant inference. KEYWORDS: Affective brand image, brand reputation, Corporate Social Responsibility.A RESPONSABILIDADE SOCIAL EMPRESARIAL NA IMAGEM DE MARCA AFETIVA E REPUTAÇÃO RESUMO: A responsabilidade social empresarial (rse) tem se convertido em um dos aspectos relevantes para os consumidores, já que estes se preocupam pelo tipo de empresa que está por trás do produto ou serviço adquirido. O propósito desta pesquisa é determinar a influência da rse na imagem de marca afetiva e na reputação no setor de autosserviço. Por essa razão, desenvolveu-se um estudo empírico na região central do estado de Tamaulipas (México) a 316 consumidores. A análi...

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Corporate social responsibility: Evolution through institutional and stakeholder perspectives

Cited by 139 publications

References 45 publications

Sustainable compensation policies and its effect on environmental, social, and governance scores

Sustainable compensation policies and its effect on environmental, social, and governance scores

The Role of Normative CSR‐Promoting Institutions in Stimulating CSR Disclosures in Developing Countries

La responsabilidad social empresarial en la imagen de marca afectiva y reputación

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