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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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