Corporate Social Responsibility in the COVID-19 Pandemic Period: A Traditional Way to Address New Social Issues

Nicola Raimo, Angela Rella, Filippo Vitolla, María-Inés Sánchez-Vicente and Isabel-María García-Sánchez
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Nicola Raimo: Department of Management, Finance and Technology, LUM University, 70010 Casamassima (Bari), Italy
Angela Rella: Department of Management, Finance and Technology, LUM University, 70010 Casamassima (Bari), Italy
Filippo Vitolla: Department of Management, Finance and Technology, LUM University, 70010 Casamassima (Bari), Italy
María-Inés Sánchez-Vicente: Facultad de Economia y Empresa, Universidad de Salamanca, 37007 Salamanca, Spain
Isabel-María García-Sánchez: IME-Instituto Multidisciplinar de Empresa, Universidad de Salamanca, 37007 Salamanca, Spain

Sustainability, 2021, vol. 13, issue 12, 1-16

Abstract: The COVID-19 pandemic has had serious health, social and economic consequences. In this difficult context, companies are called upon to implement corporate social responsibility (CSR) activities to support society and the weakest individuals. This study examines how Spanish companies have supported society and vulnerable individuals through partnerships with non-governmental organizations (NGOs). In this regard, a multiple case study analysis based on 14 companies listed on the Madrid Stock Exchange that have created collaborations with different NGOs was conducted. The results show that these partnerships are mainly aimed at providing food, health, social and technological support to society and vulnerable individuals. To the best of our knowledge, this is the first study that examines the support provided by companies to society during the COVID-19 pandemic in the European context.

Keywords: corporate social responsibility; COVID-19 pandemic; health crisis; spanish setting (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

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