Mª-Purificación Galindo-Villardón

Bio: Mª-Purificación Galindo-Villardón is an academic researcher from University of Salamanca. The author has contributed to research in topics: Corporate social responsibility & Sustainable development. The author has an hindex of 6, co-authored 6 publications receiving 148 citations.

Useful information for stakeholder engagement: A multivariate proposal of an Industrial Corporate Social Responsibility Practices Index

Abstract: The aim of this paper is to create an industrial corporate social responsibility practices index (ICSRPI) that allows us to determine the level of sustainable business commitment in the main industries. The ICSRPI allows simplification and quantification of corporate social responsibility (CSR) practices; identification of those industries which present greater deficiencies in sustainability systems to facilitate the planning of various improvement actions; and provision of pertinent information on environmental and social issues to guide stakeholders in their decision‐making processes. In this sense, empirically, the ICSRPI reveals that companies from more polluting sectors, such as oil and gas, chemical, paper or mining, are perceived as having high environmental risk and are the leaders in sustainable development. Companies from less polluting sectors, such as the media or financial services, have lower CSR scores; however, they present high values in social issues, giving higher priority to business ethics and the rights of employees.

Analysing the Effect of Legal System on Corporate Social Responsibility (CSR) at the Country Level, from a Multivariate Perspective

Abstract: In this paper, we analyse the effect of coercive isomorphism (legal system) on Corporate Social Responsibility (CSR) at the country level by using the multivariate statistical techniques X-STATIS and HJ-biplot, which allow us to capture the role that these institutional forces play in the evolution and patterns of behaviour regarding the commitment to sustainability. The results evidence that coercive forces have an important influence on the social and environmental commitment of companies. Analysis of the legal system shows that firms located in civil law countries have a greater interest in their CSR practices and in disclosing information than companies in common law countries; the most likely companies to act in a responsible way are those operating in institutional environments with a large and developed legal system oriented towards stakeholder protection. Consequently, our results show that companies operating in countries with similar legal systems adopt homogeneous patterns of behaviour regarding the commitment to sustainability, but their degrees of development are strongly determined by the coercive institutional characteristics.

An extension of the industrial corporate social responsibility practices index: New information for stakeholder engagement under a multivariate approach

Abstract: The aim of this paper is to extend the Industrial Corporate Social Responsibility Practices Index proposed for the 10 main industries in the 39 sectors of activity that comprise them. This extension will provide more detailed information on CSR practices at the industrial level, especially about sustainable development and environmental concerns. In addition, this paper stablishes an aggregate measure of industrial classification and mimetic typologies. It will tabulate the overall impact that the economic activity of a company has on society and environment. Thereby, the relationships between these indicators and the mimetic institutional forces are studied, testing these forces indicate that companies from sectors considered to have greater impact/risk have higher corporate social responsibility (CSR) scores than companies from other sectors. Additionally, using the MetaBiplot statistical multivariate technique, which by the comparison and integration of several subspaces provides a global view of sustainability at a sectoral level, it was found that the most polluting companies with the highest environmental risks—forestry and paper, mining, oil and gas producers, gas, water, and multi‐utilities, tobacco and electricity sectors—show their predilection for environmental policies and reports, human rights, and stakeholder participation. Moreover, the less polluting companies—banks, insurance, media, telecommunications, real state, and general retailers—are more intensive on staff and implement policies aimed at favoring: the personal and work‐life balance with systems for employee training and promotion; the equal opportunities and participation; the maintenance of good customer and supplier relations; and the fight to counteract bribery.

A Multivariate Proposal for a National Corporate Social Responsibility Practices Index (NCSRPI) for International Settings

Abstract: This paper proposes a National Corporate Social Responsibility Practices Index (NCSRPI) that determines the level of penetration of corporate social responsibility (CSR) in 29 different countries, considering each nation as a set of institutional factors The NCSRPI is built through a statistical aggregation process of 22 CSR practices categorized into the social and environmental dimensions that are individually observed for each company The composite indicator summarizes and synthesizes the entire business reality at the country level, providing pertinent information to evaluate factors related to CSR performance and a vision of national commitment to company sustainability The results provided by the NCSRPI show that companies around the world adopt similar patterns of behaviour in relation to their CSR practices, but with different levels of evolution Thus, European countries present themselves as the leaders in issues of social responsibility, the countries of America give preference to ethical issues, and countries belonging to the Asian continent, specifically to Southeast Asia, are shown to be the most laggardly in this regard In conclusion, the institutional environment in each country establishes for firms a series of opportunities and barriers in their decision to adopt or improve their CSR practices

Industry mimetic isomorphism and sustainable development based on the X-STATIS and HJ-biplot methods

Abstract: Based on both neo-institutional theory and comparative institutional analysis, this paper studies the role that mimetic forces play in the patterns and evolution of behavior concerning company sustainability. The panel data is composed of 6600 observations of 600 international large listed companies belonging to 39 different activity sectors for the period 2004–2014. Through employing the multivariate statistical methods HJ-biplot and X-STATIS, which provide a useful visualization of a complex data structure in a low-dimensional space, it can be observed that mimetic forces indicate that firms operating in high-impact sectors—sectors that operate under greater pressure from interest groups—face greater social and environmental risks and have higher corporate social responsibility (CSR) scores than companies from other sectors. The adoption or development of CSR practices depends largely on the type of industry in which the company operates, as stakeholder engagement in different industry sectors has different areas of concern. Therefore, companies operating in more polluting sectors, such as mining, paper, chemicals, or oil, give higher priority to environmental protection and defense of human rights, while other, less polluting companies involved in the communication sector are concerned to a greater extent by social issues, such as business ethics or the rights of their employees. Finally, this paper evidences that firms operating in similar contexts, in industries that face analogous risks and challenges, probably develop common policies and regulations with the aim of mitigating the pressures applied by their major stakeholder groups.

The iron cage revisited: Institutional isomorphism and collective rationality in organizational fields (Chinese Translation)

Abstract: What makes organizations so similar? We contend that the engine of rationalization and bureaucratization has moved from the competitive marketplace to the state and the professions. Once a set of organizations emerges as a field, a paradox arises: rational actors make their organizations increasingly similar as they try to change them. We describe three isomorphic processes-coercive, mimetic, and normative—leading to this outcome. We then specify hypotheses about the impact of resource centralization and dependency, goal ambiguity and technical uncertainty, and professionalization and structuration on isomorphic change. Finally, we suggest implications for theories of organizations and social change.

Do institutional investors drive corporate transparency regarding business contribution to the sustainable development goals

Abstract: Institutional investors show increasing interest in how companies align their corporate social responsibility strategies with the sustainable development goals (SDGs) proposed by the United Nations (UN). The information disclosed in this regard is essential to know and monitor business contribution to the 2030 Agenda. In this paper, we analyze the influence that institutional investors have on the adoption of the disclosure strategy established by UN and the Global Reporting Initiative (GRI)—GRI-SDG Compass. The results obtained for a sample of 989 international companies, which prepare their sustainability reports following the GRI guidelines, show that ownership by foreign investors, pension funds, and “other” investors boosts the relevance of the information disclosed in relation to the 2030 Agenda. On the contrary, government, financial institutions, and cross holdings have no impact on the information systems developed.

Trends in the dynamic evolution of board gender diversity and corporate social responsibility

Abstract: A bibliometric and bibliographic review was carried out to determine the effect that gender diversity in a board of directors has on the level of business commitment to sustainable development and stakeholder engagement through the dissemination of social and environmental information. The review included 89 articles published in the 66 most prestigious journals on business, management, ethics and environmental sciences according to the journal citation reports on the ISI Web of Knowledge. There has been spectacular growth in this line of research since 2016, led by Spanish and American researchers. There is currently a paradigm shift in the theoretical frameworks that support these investigations in examining the organisational and institutional environments that favour the advantages associated with the presence of women in bodies responsible for business strategy. However, the latest papers are based on the use of the Critical mass theory and moderating factors in order to explaining the divergence of results.