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Article

Corporate Social Responsibility during COVID-19 Pandemic

1
Instituto Multidisciplinar de Empresa, Departamento de Administración y Economía de la Empresa, Universidad de Salamanca, 37008 Salamanca, Spain
2
Independent Scholar, Pharmaceutical, 37006 Salamanca, Spain
*
Author to whom correspondence should be addressed.
J. Open Innov. Technol. Mark. Complex. 2020, 6(4), 126; https://doi.org/10.3390/joitmc6040126
Received: 1 October 2020 / Revised: 21 October 2020 / Accepted: 22 October 2020 / Published: 24 October 2020
(This article belongs to the Special Issue Ambidextrous Open Innovation: Technology, Market and Complexity)
The health, economic, and social consequences of the SARS-CoV-2 virus have highlighted the need for collaboration among all agents to face a scenario that we have not before seen. The aims of this paper are to analyze the involvement that large Spanish companies have shown during the toughest moments of the epidemic and to determine the objectives these companies have pursued with them. The results show that several firms have shown a great commitment with society, developing actions that alleviate the consequences of the COVID-19 like others have developed several strategies with different objectives. More concretely, three clusters of responsibility have been identified: (i) protecting only the interests of shareholders and investors; (ii) favoring the wellbeing of the Spanish society in general and vulnerable groups in particular; and (iii) combining the previous altruistic actions with commercial interests. View Full-Text
Keywords: COVID-19; corporate social responsibility; altruism; CEO; stakeholder engagement; crisis COVID-19; corporate social responsibility; altruism; CEO; stakeholder engagement; crisis
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MDPI and ACS Style

García-Sánchez, I.-M.; García-Sánchez, A. Corporate Social Responsibility during COVID-19 Pandemic. J. Open Innov. Technol. Mark. Complex. 2020, 6, 126. https://doi.org/10.3390/joitmc6040126

AMA Style

García-Sánchez I-M, García-Sánchez A. Corporate Social Responsibility during COVID-19 Pandemic. Journal of Open Innovation: Technology, Market, and Complexity. 2020; 6(4):126. https://doi.org/10.3390/joitmc6040126

Chicago/Turabian Style

García-Sánchez, Isabel-María, and Alejandra García-Sánchez. 2020. "Corporate Social Responsibility during COVID-19 Pandemic" Journal of Open Innovation: Technology, Market, and Complexity 6, no. 4: 126. https://doi.org/10.3390/joitmc6040126

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