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Publication Detailed Description
Corporate social responsibility and institutional theory
Book Title
Encyclopedia of sustainable management
Year (definitive publication)
2020
Language
English
Country
Switzerland
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Abstract
Corporate social responsibility (CSR) and institutional theory are linked. The fundamental basis of the link between CSR and institutional theory is through legitimacy. One of the features of the CSR practices adoption in business is the voluntary nature. Several authors reflect this fact in the definition of what should be a social responsibility. CSR was defined by the European Commission (2001: 6) as “a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis.” This orientation was reinforced by the European Commission that refers to a better behavior by companies through the adoption of credible and transparent social practices, indicating the transparency like an essential component. In order to achieve responsible business management, the European Commission...
Acknowledgements
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Keywords
Institutionalism,Institutionalized environment,Institutions,Socially responsible behavior
Fields of Science and Technology Classification
- Economics and Business - Social Sciences
Contributions to the Sustainable Development Goals of the United Nations
With the objective to increase the research activity directed towards the achievement of the United Nations 2030 Sustainable Development Goals, the possibility of associating scientific publications with the Sustainable Development Goals is now available in Ciência-IUL. These are the Sustainable Development Goals identified by the author(s) for this publication. For more detailed information on the Sustainable Development Goals, click here.
