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Type of publication: Straipsnis konferencijos medžiagoje Clarivate Analytics Web of Science ar/ir Scopus / Article in Clarivate Analytics Web of Science or Scopus DB conference proceedings (P1a)
Field of Science: Vadyba / Management (S003)
Author(s): Vveinhardt, Jolita;Zygmantaitė, Rasa
Title: The Dichotomy of business and society through the lens of strategic philanthropy: mapping the influences of socio-cultural context
Is part of: IBIMA 2016: Innovation management and education excellence vision 2020: from regional development sustainability to global economic growth [electronic resource] : proceedings of the 27th international business information management association conference, Milan, Italy, 4-5 May 2016 / editor Khalid S. Soliman. Norristown, PA : IBIMA, 2016
Extent: p. 165-178
Date: 2016
Keywords: Transectorial strategic philanthropy;Corporate social responsibility;Managerial decisions;Transectorial philanthropic decisions
ISBN: 9780986041969
Abstract: Problem of the research is mapping the social context and identifying how a set of determining sociocultural factors determine managerial solutions in favour of transectorial dimension of strategic philanthropy? What socio-cultural factors play the most important role in transectorial managerial decisions in different parts of the world? Is strategic philanthropy, as a constituent of CSR, equally acknowledged across the global business community? Main findings of this research reveal a correlation between multiple factors of the social environment, stemming from its cultural context, and managers’ philanthropic choices, related to strategic objectives of organizations and society. A theoretical framework for managerial decisions in favour of transectorial strategic philanthropy, developed through this research suggests a set of solutions, capable to evaluate the strength of each factor and to mitigate the influence of the negative ones. This framework proposes new possible avenues for research of relationships between business and society, moving managers and decision makers beyond the intrinsic assessment of cost benefit ratio of the overall company revenue and encourages scholars to further investigate how transectorial managerial decisions- which can be justly taken for strategic philanthropycontribute to the betterment of society and at the same time ensure sustainable development of the company itself
Affiliation(s): Ekonomikos ir vadybos fakultetas
Marijampolės kolegija
Vadybos katedra
Vytauto Didžiojo universitetas
Appears in Collections:Universiteto mokslo publikacijos / University Research Publications

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