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Conceptualizing social impact: A geographic perspective

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  • Tello, Mario A.

Abstract

Firms have used different approaches to determining the social impacts of their actions. However, identifying and quantifying firms’ social impact remain a challenge. This paper provides theoretical arguments regarding firms’ social impact based on a geographic perspective. This approach uses geo-referenced data on social impact parameters, such as health, crime, real estate values, and green spaces. This study extends the corporate social responsibility literature by incorporating a geographic perspective of social impacts and highlighting geographic proximity as a relevant element of stakeholder salience and firm response. This study implies the need to develop a facility-level social impact index based on publicly available data to evaluate social impact beyond current rating systems.

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  • Tello, Mario A., 2020. "Conceptualizing social impact: A geographic perspective," Journal of Business Research, Elsevier, vol. 119(C), pages 562-571.
    • Handle: RePEc:eee:jbrese:v:119:y:2020:i:c:p:562-571
    DOI: 10.1016/j.jbusres.2020.07.040
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    3. Hartarska, Valentina M. & Zhang, Jingfang & Nadolnyak, Denis A., 2023. "Scope Economies from Rural and Urban Microfinance Services," 2023 Annual Meeting, July 23-25, Washington D.C. 335439, Agricultural and Applied Economics Association.
    4. Luiz Morais-da-Silva, Rodrigo & Glufke Reis, Germano & Sanctorum, Hermes & Forte Maiolino Molento, Carla, 2022. "The social impacts of a transition from conventional to cultivated and plant-based meats: Evidence from Brazil," Food Policy, Elsevier, vol. 111(C).
    5. Robin Hogrefe & Sabine Bohnet-Joschko, 2023. "The Social Dimension of Corporate Sustainability: Review of an Evolving Research Field," Sustainability, MDPI, vol. 15(4), pages 1-22, February.
    6. Sergio Elías Uribe-Sierra & Pablo Mansilla-Quiñones & Alejandro Israel Mora-Rojas, 2022. "Latent Rural Depopulation in Latin American Open-Pit Mining Scenarios," Land, MDPI, vol. 11(8), pages 1-23, August.
    7. Brzustewicz, Paweł & Escher, Iwona & Hatami, Akram & Hermes, Jan & Keränen, Anne & Ulkuniemi, Pauliina, 2022. "Emergence of social impact in company–NGO relationships in corporate volunteering," Journal of Business Research, Elsevier, vol. 140(C), pages 62-75.
    8. Valentina Hartarska & Jingfang Zhang & Denis A. Nadolnyak, 2023. "Scope economies from rural and urban microfinance services," Southern Economic Journal, John Wiley & Sons, vol. 89(4), pages 1138-1167, April.
    9. Antolín-López, Raquel & Jerez-Gómez, Pilar & Rengel-Rojas, Susana B., 2022. "Uncovering local communities’ motivational factors to partner with a nonprofit for social impact: A mixed-methods approach," Journal of Business Research, Elsevier, vol. 139(C), pages 564-583.
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