Corporate Social Responsibility and Return: Social Impact a Case Study of an Emerging Market Oil Industry in Stock Exchange.

Edmundo Lizarzaburu; Kurt Burneo; Conrado Diego García-Gómez

doi:10.20944/preprints202305.2162.v1

Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

Version 1 : Received: 30 May 2023 / Approved: 31 May 2023 / Online: 31 May 2023 (03:13:24 CEST)

This paper analyzes the relationship between corporate social responsibility (CSR) and social impact within the oil industry in an emerging market (Peru). Following the emerging literature on the social impact field, and using the case study methodology, the findings show that the expected positive relationship is diverse depending on several factors. Specifically, the results reveal that companies must focus on community and environmental responsibility, together with stakeholders' involvement to achieve social impact. However, when companies are weak in any of the previous factors, then the social impact is only partially accepted or even withdrawn.

oil industry; corporate social responsibility; emerging market; social impact; case study

Social Sciences, Government

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Corporate Social Responsibility and Return: Social Impact a Case Study of an Emerging Market Oil Industry in Stock Exchange.

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