The dual face of corporate social responsibility in social businesses: a closer look at the Colombian reality

Contreras-Pacheco, Orlando E.; Sarmiento, Leonardo Hernán Talero; Camacho-Pinto, Julio Cesar

doi:10.18046/j.estger.2019.151.3123

Cited by 3 publications

(4 citation statements)

References 55 publications

(92 reference statements)

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“…The business case for sustainability is an example of the instrumental view of corporate sustainability, where investment in sustainability will lead to financial returns for the company (Contreras-Pacheco et al , 2019). The business case for sustainability is also a form of weak sustainability.…”

Section: Tensions and Organized Hypocrisymentioning

confidence: 99%

Explorations in organized hypocrisy and a proposed direction for a sustainable future

Farias,

Landrum,

Farias

et al. 2023

SAMPJ

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Purpose Since the Brundtland report’s call for sustainability, planetary conditions have deteriorated. This paper suggests that corporate hypocrisy is a major barrier toward the adoption of sustainability and offers a typology of business behavior that can move closer toward the adoption of true and strong sustainability. Design/methodology/approach This article uses a normative lens to build upon prior literature and anecdotal evidence from the field to present a typology of business archetypes that represent a variety of responses toward sustainability. Findings The authors propose five typologies of business behavior that represent responses toward sustainability: business-as-usual, hypocritical pretender, hypocritical co-opter, responsible enterprise and purposeful enterprise. The first three typologies represent existing hypocritical approaches using weak sustainability. The last two typologies decrease corporate hypocrisy; improve alignment of talk, decisions and action; and help an organization adopt true and strong sustainability. Research limitations/implications This is a normative paper that critiques existing literature and practices in corporate sustainability and proposes new directions. It necessitates further research in the form of case studies and empirical cross-sectional and longitudinal analysis. It implies assessing firm impact in non-traditional ways and will call for the development of new measures and indicators of firm performance from a social and environmental perspective. Practical implications The typology can provide practitioners and researchers with one possible solution to eliminate or decrease corporate hypocrisy in relation to sustainability, reporting and communications. Social implications Planetary conditions have worsened, and business activity continues to contribute to deteriorating conditions. This research attempts to help businesses move away from hypocritical and destructive practices and to adopt true and strong sustainability practices for a flourishing planet. Furthermore, the authors articulate policy and practice recommendations in this context. Originality/value After decades of failure to make progress in achieving planetary sustainability, this research offers a model for practitioners and researchers to use in defining the actions necessary to achieve the elusive concept of sustainability.

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Section: Tensions and Organized Hypocrisymentioning

confidence: 99%

Explorations in organized hypocrisy and a proposed direction for a sustainable future

Farias,

Landrum,

Farias

et al. 2023

SAMPJ

View full text Add to dashboard Cite

show abstract

“…In Latin American countries, SR has generated different organizational behaviors (Sierra et al, 2014 andContreras et al, 2019); the ethical value by companies in relation to SR is little or nothing; companies should generate results that favor with social as environmental resources thus achieving ethical standards; but, as it is known, companies do not emphasize on the ethical value equation due to the fact that they do not promote or endorse SR in the organization.…”

Section: Introductionmentioning

confidence: 99%

“…Olaya et al (2020) stated that it is an important element in every organization in order to be immersed in the present and in the future mentioning that, from the University aspect, it should also be toner into account, concluding that these achieve the use of capacity as an institution, thus achieving continuous improvement and academic quality in order to achieve the transformation of administrative management. Contreras et al (2019) argued that it is focused on the strategic aspect on normativity from the point of view of employees, which determines a high sense of reliability of an organization, contributing to improve understanding and visualizing the conflict within an organization. Vilar et al (2019) saw the importance of consolidating CSR as a competitive advantage that allows the company to continue to evolve in order to an optimal relationship between social and financial aspects achieving a positive impact on financial indicators in companies in Galicia.…”

Section: Introductionmentioning

confidence: 99%

Corporate Social Responsibility and Financial Control

María¹,

Lira²,

Temple³

et al. 2022

J. Professional Business Review

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Purpose: The objective of the study was to determine the relationship between CSR and financial control; to achieve this, references were taken from different authors reviewing the state of the art with the purpose of an exhaustive understanding of the subject. Methodology: The research was based on a quantitative approach, non-experimental, cross-sectional design and a sample of 60 private educational institutions. Data were collected through two instruments that counted with reliability and validity: the CSR instrument obtained a reliability of 0.824 and the financial control, a 0.821. Conclusions: As a result, it was found that 96.7% of the promoters showed high social responsibility and financial control of the institutions in their charge. Likewise, a Spearman's Rho of 0.769 was obtained with a p= 0.000. It is concluded that there is a direct, significant and positive relationship between CSR and financial control; therefore, it was determined that educational institutions, under the supervision of the Local Educational Management Unit, improve their financial control. Implications of the Research: The world is focused on how companies practice corporate social responsibility (CSR) due to the fact that economic activities, which each company exercises, affect society and the environment.

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“…A variety of industries and countries have focused their attention on Corporate Social Responsibility (CSR) through the establishment of corporate ethical codes, management reports, and the auditing of socially responsible practices (Mikołajek-Gocejna, 2016) to respond to the interests of stakeholders (Pérez-Sanz, Gargallo-Castel, & Esteban-Salvador, 2019). From the upcoming CSR, questions have emerged regarding actions towards these groups: Milton Friedman proposes the adoption of corporate goals regarding shareholders (instrumental orientation); in contrast, Edward Freeman considers it appropriate to integrate stakeholders within the operation of the organization (Foss & Klein, 2018;Contreras-Pacheco, Talero-Sarmiento, & Camacho-Pinto, 2019).…”

Section: Introductionmentioning

confidence: 99%

Stakeholders within the framework of Corporate Social Responsibility: A systematic review

2021

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Corporate Social Responsibility (CSR) represents the ethical corporate behavior in relation to stakeholders to respond to their needs and expectations; however, it has been suggested that involving stakeholders in corporate management reduces the profit maximization and leads to losses. Thus, this paper intends to analyze theoretical and conceptual trends on stakeholders and CSR between 2012 and 2016 to contextualize their origin, characteristics, and perspectives. The systematic review methodology was followed, which stems from bibliometric analysis to identify patterns related with literature, impact studies, and theoretical-conceptual evolution. The results show that organizations must find a balance between their interests in profit and socially responsible practices through sustainable processes from the social, economic, and environmental perspectives.

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The dual face of corporate social responsibility in social businesses: a closer look at the Colombian reality

Cited by 3 publications

References 55 publications

Explorations in organized hypocrisy and a proposed direction for a sustainable future

Explorations in organized hypocrisy and a proposed direction for a sustainable future

Corporate Social Responsibility and Financial Control

Stakeholders within the framework of Corporate Social Responsibility: A systematic review

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