Social Responsibility Practices in Companies: A Theoretical Review

  1. Fernández, Silvia González 2
  2. Gestoso, Carlos Guillen 1
  3. Romana, Fernando Acabado 1
  4. da Silva, José Morais 1
  1. 1 Department of Management Sciences, Atlantica University, Oeiras Municipality, Portugal.
  2. 2 Department of Work Sciences, Cadiz University, Cadiz, Spain.
Revista:
Open Journal of Business and Management

ISSN: 2329-3284,  2329-3292

Año de publicación: 2023

Volumen: 11

Número: 03

Páginas: 973-982

Tipo: Artículo

DOI: 10.4236/OJBM.2023.113053 GOOGLE SCHOLAR lock_openAcceso abierto editor

Otras publicaciones en: Open Journal of Business and Management

Resumen

The aim of this study is to understand, by a theoretical point of view, the potential impact of social responsibility practices in the business companies, taking in consideration several aspects and sundry approaches, by analysing the main defined strategies and policies. The concept is related with a philosophical and moral idea of corporate behaviour to the development of legally binding regulations, cultural and climate organizational characteristics. It is determined that development must be based on a sustainable economy while aligning these actions with the sustainable development goals established and at the same time the economic performance of the companies. For a social responsibility strategy, it is also crucial that the human resources departments, the commercial and marketing areas share and expose the actions that have an impact on the society where they are installed. Works on the establishment of this commitment and identification with the company through social responsibility policies have highlighted the role of management and leadership style in facilitating or not these processes.

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