CSR Policies: Effects on Labour Productivity in Spanish Micro and Small Manufacturing Companies

This paper analyses empirical evidence of efforts to enable Spanish micro and small manufacturing companies to boost their labour productivity rates through the development of the main pillars of their corporate social responsibility (CSR) policies. This study aims to develop new approaches and sens...

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Bibliographic Details
Published in:Journal of business ethics 2015-06, Vol.128 (4), p.705-724
Main Authors: Sánchez, Pablo Esteban, Benito-Hernández, Sonia
Format: Article
Language:English
Subjects:
Business and Management
Business Ethics
Competitive advantage
Corporate responsibility
Corporate social responsibility
Economic impact
Economic theory
Education
Employees
Employment
Ethics
GDP
Gross Domestic Product
Labour productivity
Management
Manufacturing
Philosophy
Product differentiation
Product quality
Productivity
Quality of Life Research
Reputations
Small and medium sized enterprises
Small business
Social responsibility
Society
Stakeholder
Studies
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Summary:This paper analyses empirical evidence of efforts to enable Spanish micro and small manufacturing companies to boost their labour productivity rates through the development of the main pillars of their corporate social responsibility (CSR) policies. This study aims to develop new approaches and sensibilities towards work from an ethical, values (virtues) and CSR perspective, showing how internal dimensions of CSR, such those related to relationships with employees and responsibility in processes and product quality, can improve labour performance and labour efficiency, thereby contributing to a better society. The results of a sample of 929 small businesses indicate that the social responsibility policies that most contributed to a short-term increase in labour productivity are those related to internal aspects of the company, in particular its involvement in the quality of processes and products, promotion of innovation and employee care. However, the impact on labour productivity of CSR policies related to external factors, such as relationship with stakeholders and environmental concern, could not be empirically proven in this paper.
ISSN:0167-4544
1573-0697
DOI:10.1007/s10551-013-1982-x