Stakeholder Theory Through the Lenses of Catholic Social Thought

Retolaza, José Luis; Agüado, Ricardo; Alcañiz, Leire

doi:10.1007/s10551-018-3963-6

Cited by 28 publications

(20 citation statements)

References 47 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…This holistic understanding of human beings, being able to transcend their own individuality and show openness to the Other, reflects a social basis and a positive vision of humanity (Aguado, Retolaza, & Alcañiz, 2017). Other authors (e.g., Retolaza et al, 2019) stress how different social and economic factors contribute by stressing that shareholders are not the only ones interested in corporate management. Other stakeholders should be considered in pursuit of the common good, which can be defined as “the overall conditions of life in society that allow the different groups and their members to achieve their own perfection more fully and more easily” (Argandoña, 2015, p. 1095).…”

Section: Stakeholder Theory In Business Ethicsmentioning

confidence: 99%

“…The theoretical base that may link different religions to the integrating approach of businesses may rest on stakeholder theory. As Retolaza, Aguado, and Alcaniz (2019) hold, this theory pays special attention to the different social and economic factors that contribute to society, stressing that corporate management should not be focused just on shareholders' interests, but must comprise the remaining stakeholders' interests, creating value for each stakeholder in search of the common good (Argandoña, 2015; Freeman, Wicks, & Parmar, 2004). Therefore, the final aim is to create value for each stakeholder that contributes to the company, and not only to obtain economic profit.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

An analysis of business ethics in the cultural contexts of different religions

Gallego‐Álvarez

Rodríguez‐Domínguez

Vallejo

2020

Business Ethics: A Eur Rev

View full text Add to dashboard Cite

The aim of our research is to analyze how different religions influence business ethics.We develop an index of practices in the field of business ethics, made up of 19 items containing practices related to workers, consumers, products, human rights, management of ethical conflicts, and crime prevention. Also, we consider a wide range of religion affiliations. To undertake this research, we use a panel data sample composed of 11,956 firm-year observations from 18 countries. Drawing on stakeholder theory, we posit some hypotheses based on the religions considered. The results obtained show that a higher percentage of religious adherents in the country where a company does business usually involve the implementation of more ethical practices in the corporate field. These findings are obtained for Christian, Islamic, Jewish, and Hindu religions. In contrast, this does not stand for Buddhist and folk religions. Also, countries where there is no predominant religion do not show a confluence between religion and ethical corporate practices.

show abstract

Section: Stakeholder Theory In Business Ethicsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

An analysis of business ethics in the cultural contexts of different religions

Gallego‐Álvarez

Rodríguez‐Domínguez

Vallejo

2020

Business Ethics: A Eur Rev

View full text Add to dashboard Cite

show abstract

“…This argumentation is even more limited if we want to explain the OCB of stakeholders participating in altruist organizations, where rewards for collaborators are not the key motivational factor to explain their implication (Clary et al, 1998). Posibly, at least in the case of altruist and religious organizations, we should widen the reciprocity theory to a gratouitousness-based theory, aligned for example with the encyclical Caritas in Veritate (Retolaza et al, 2019), where the principle of gratuity stands out as overcoming reciprocity (CIV 34; 36 y 38).…”

Section: Understanding Organizational Citizenship Behavior From the Nmentioning

confidence: 99%

Social Accounting as an Enabling Tool to Develop Collective Organizational Citizenship Behavior in the Diocese of Bilbao

2020

Self Cite

View full text Add to dashboard Cite

Religious oriented organizations (ROOs) have frequently higher levels of motivation among their employees, because the aims of ROOs and those of collaborators and stakeholders are usually aligned. However, sometimes, when the management of ROOs becomes professionalized, tensions between aims and efficiency are more frequent, and productivity levels start to decline. The most widespread current management theories are focused on profit maximization and are not especially helpful to religious organizations which try to enhance their productivity levels and, at the same time, achive their mission and aims. In order to fill this gap, in this research, we will develop two main concepts: social accounting and organizational citizenship behavior (OCB). We will propose the use of social accounting to calculate the social value generated by ROOs and, from that point, build new indicators able to measure the organizational citizenship behavior (OCB) of collaborators working in ROOs. We will exemplify this theoretical development with the actual case of the diocese of Bilbao. In short, the main objectives of this work are two. The first objective is the development of a theoretical framework able to enhance the levels of social value creation inside religious (and socially oriented) organizations using social accounting. The second objective is the use of data from the 16 educative centers of the diocese of Bilbao to ilustrate that social accounting is a valid tool to measure social value. Additionally, we will show that social accounting can be a tool to assess management decisions in order to enhance organizational and individual OCB in ROOs and, in this way, generate moral satisfaction for employees and collaborators in their organizations.

show abstract

“…The importance of values is acknowledged almost universally in the social entrepreneurship literature [17,18]. Four social values that can underlie economic activities with a humanistic approach are human dignity, subsidiarity, solidarity and shared prosperity [19].…”

Section: A Social Enterprise and Social Valuementioning

confidence: 99%

Social Value, Economic Justice Practices and Social Performance

Susilawati¹,

Supriharyanti²,

Sunarjanto³

2020

Proceedings of the 6th Annual International Conference on Management Research (AICMaR 2019)

View full text Add to dashboard Cite

The purpose of this study is to investigate whether social value is developed in social business organizations to improve economic justice practices and improve social performance. This study also examines the mediation of economic justice practices in improving the social performance of social entrepreneurship. To test the proposed hypotheses, this study conducted survey among 86 leaders of social entrepreneurship in Indonesia. The findings indicate that human dignity influences shared prosperity, solidarity and subsidiarity. However, the three values also affect the social performance but there is no need to use economic justice practices. This research shows the value of human dignity as the starting point for other social values.

show abstract

Stakeholder Theory Through the Lenses of Catholic Social Thought

Cited by 28 publications

References 47 publications

An analysis of business ethics in the cultural contexts of different religions

An analysis of business ethics in the cultural contexts of different religions

Social Accounting as an Enabling Tool to Develop Collective Organizational Citizenship Behavior in the Diocese of Bilbao

Social Value, Economic Justice Practices and Social Performance

Contact Info

Product

Resources

About