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Stakeholder Management and CSR approach in Italian ?territorial? companies - Loccioni Group and the ?LOV ? Land of Values? Project

Author

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  • Mara Del Baldo

    (Department of Economics, Society & Politics, Università di Urbino "Carlo Bo")

Abstract

The research question posed at the basis of this study is the following: what is the importance of sharing common values that originate from (and are reinforced by) the entrepreneurs? and company?s embeddedness in a cohesive territorial socio-economic system? How can ?land values? influence the company?s stakeholder and CSR approaches? Taking both a deductive and inductive perspective, the reflections are developed around three main topics: the CSR roots, strictly connected to ethical oriented core values and influenced by the belonging to a specific geographical context; the development of social and ethical networks of stakeholders (promoted by ?territorial? companies) that share a minimum mutual set of values; the influence of those values on the company?s approach to stakeholders management. After presenting the theoretical framework, the second part of the paper examines a case study of an Italian company, the Loccioni Group, which offers an example of a ?CSR-oriented? organizational ecosystem and a best practices of stakeholder management that co-evolves with the environment, moving in the direction of responsible development, improving, at the same time, its own competitiveness and the social conditions of the environment and of the local context.

Suggested Citation

  • Mara Del Baldo, 2012. "Stakeholder Management and CSR approach in Italian ?territorial? companies - Loccioni Group and the ?LOV ? Land of Values? Project," Working Papers 1205, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2012.
  • Handle: RePEc:urb:wpaper:12_05
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    References listed on IDEAS

    as
    1. Freeman, R. Edward, 1994. "The Politics of Stakeholder Theory: Some Future Directions1," Business Ethics Quarterly, Cambridge University Press, vol. 4(4), pages 409-421, October.
    2. Huy, Quy & Zott, Christoph, 2009. "Emotional assuring, trust Building, and resource mobilization in start-up organizations," IESE Research Papers D/828, IESE Business School.
    3. Edward Freeman, R. & Phillips, Robert A., 2002. "Stakeholder Theory: A Libertarian Defense," Business Ethics Quarterly, Cambridge University Press, vol. 12(3), pages 331-349, July.
    4. Gallo, Miguel A. & Cappuyns, Kristin, 2004. "Characteristics of successful family businesses," IESE Research Papers D/542, IESE Business School.
    5. Mara Del Baldo & Paola Demartini, 2012. "Small Business Social Responsibility and the Missing Link: The Local Context," Working Papers 1206, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2012.
    6. Phillips, Robert & Freeman, R. Edward & Wicks, Andrew C., 2003. "What Stakeholder Theory is Not," Business Ethics Quarterly, Cambridge University Press, vol. 13(4), pages 479-502, October.
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    Cited by:

    1. Giorgia Nigri & Mara Del Baldo, 2018. "Sustainability Reporting and Performance Measurement Systems: How do Small- and Medium-Sized Benefit Corporations Manage Integration?," Sustainability, MDPI, vol. 10(12), pages 1-17, November.

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    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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