IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v12y2020i8p3348-d347939.html
   My bibliography  Save this article

Business Ethics Crisis and Social Sustainability. The Case of the Product “Pura Vida” in Peru

Author

Listed:
  • Renato Peñaflor-Guerra

    (Communication and Corporate Image Program, School of Communications, Universidad Peruana de Ciencias Aplicadas, Lima 15023, Peru)

  • M. Victoria Sanagustín-Fons

    (Department of Psychology and Sociology, University of Zaragoza, 50009 Zaragoza, Spain)

  • Julianna Ramírez-Lozano

    (CENTRUM Católica Graduate Business School, Pontificia Universidad Católica del Perú, Lima 15023, Peru)

Abstract

Peru is a Latin American country with one of the most powerful and dynamic emerging economies in the world; however, it reveals considerable inconsistencies and socioeconomic inequalities. This research demonstrates that business ethics and corporate social responsibility are closely related with the welfare state of the country/region where a company is incorporated. Research work has been carried out on the case of the product “Pura Vida”, of the Gloria Company, implementing a mixed research method (documentary, quan and qual ) in which a descriptive collection of data from different sources, in relation to the company and the crisis with Pura Vida milk, has been used; additionally, an ad hoc survey has been conducted on a sample of Peruvian citizens to know their insight in relation to the relevant aspects of business ethics and corporate responsibility and their opinion regarding the specific case being investigated; finally, in-depth interviews were held with the company’s management staff. It is shown that without a certain degree of welfare state, it is difficult to implement ethics and social responsibility in companies and in society as a whole. In addition, the main concerns of Peruvians regarding ethics and social responsibility can be observed.

Suggested Citation

  • Renato Peñaflor-Guerra & M. Victoria Sanagustín-Fons & Julianna Ramírez-Lozano, 2020. "Business Ethics Crisis and Social Sustainability. The Case of the Product “Pura Vida” in Peru," Sustainability, MDPI, vol. 12(8), pages 1-18, April.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:8:p:3348-:d:347939
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/12/8/3348/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/12/8/3348/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Blanc, Sandrine & Al-Amoudi, Ismael, 2013. "Corporate Institutions in a Weakened Welfare State: A Rawlsian Perspective," Business Ethics Quarterly, Cambridge University Press, vol. 23(4), pages 497-525, October.
    2. Waris Ali & Jedrzej George Frynas & Zeeshan Mahmood, 2017. "Determinants of Corporate Social Responsibility (CSR) Disclosure in Developed and Developing Countries: A Literature Review," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 24(4), pages 273-294, July.
    3. Kerstin Lopatta & Reemda Jaeschke & Chen Chen, 2017. "Stakeholder Engagement and Corporate Social Responsibility (CSR) Performance: International Evidence," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 24(3), pages 199-209, May.
    4. Hans De Geer & Tommy Borglund & Magnus Frostenson, 2009. "Reconciling CSR with the Role of the Corporation in Welfare States: The Problematic Swedish Example," Journal of Business Ethics, Springer, vol. 89(3), pages 269-283, November.
    5. Josep M. Lozano & Laura Albareda & Tamyko Ysa & Heike Roscher & Manila Marcuccio, 2008. "Governments and Corporate Social Responsibility," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-59751-8, October.
    6. Kolk, Ans, 2016. "The social responsibility of international business: From ethics and the environment to CSR and sustainable development," Journal of World Business, Elsevier, vol. 51(1), pages 23-34.
    7. Antonio Argandoña & Heidi Hoivik, 2009. "Corporate Social Responsibility: One Size Does Not Fit All. Collecting Evidence from Europe," Journal of Business Ethics, Springer, vol. 89(3), pages 221-234, November.
    8. Chris Rowley & Ingyu Oh, 2016. "Business ethics and the role of context: institutionalism, history and comparisons in the Asia Pacific region," Asia Pacific Business Review, Taylor & Francis Journals, vol. 22(3), pages 353-365, July.
    9. Jana L. Craft, 2018. "Common Thread: The Impact of Mission on Ethical Business Culture. A Case Study," Journal of Business Ethics, Springer, vol. 149(1), pages 127-145, April.
    10. Liz Wang & Lisa Calvano, 2015. "Is Business Ethics Education Effective? An Analysis of Gender, Personal Ethical Perspectives, and Moral Judgment," Journal of Business Ethics, Springer, vol. 126(4), pages 591-602, February.
    11. Laura Albareda & Josep Lozano & Tamyko Ysa, 2007. "Public Policies on Corporate Social Responsibility: The Role of Governments in Europe," Journal of Business Ethics, Springer, vol. 74(4), pages 391-407, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. François Maon & Valérie Swaen & Adam Lindgreen, 2017. "One Vision, Different Paths: An Investigation of Corporate Social Responsibility Initiatives in Europe," Journal of Business Ethics, Springer, vol. 143(2), pages 405-422, June.
    2. Hans-Jörg Schlierer & Andrea Werner & Silvana Signori & Elisabeth Garriga & Heidi Weltzien Hoivik & Annick Rossem & Yves Fassin, 2012. "How Do European SME Owner–Managers Make Sense of ‘Stakeholder Management’?: Insights from a Cross-National Study," Journal of Business Ethics, Springer, vol. 109(1), pages 39-51, August.
    3. Ziogas, Ioannis & Metaxas, Theodore, 2018. "CSR in South Europe during the financial crisis and its relation to the financial states of Greek companies," MPRA Paper 92453, University Library of Munich, Germany.
    4. Lorena Para‐González & Carlos Mascaraque‐Ramírez, 2020. "The six dimensions of CSR as a driver of key results in the shipbuilding industry," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(2), pages 576-584, March.
    5. Reinhard Steurer & Andre Martinuzzi & Sharon Margula, 2012. "Public Policies on CSR in Europe: Themes, Instruments, and Regional Differences," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 19(4), pages 206-227, July.
    6. Blesia, Jhon Urasti & Dixon, Keith & Lord, Beverley Rae, 2023. "Indigenous experiences and perspectives on a mining corporation's community relations and development activities," Resources Policy, Elsevier, vol. 80(C).
    7. Ashley, P.A., 2010. "Interactions between states and markets in a global context of change," ISS Working Papers - General Series 19860, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
    8. Ivan Bozhikin & Nikolay Dentchev, 2018. "Discovering a Wilderness of Regulatory Mechanisms for Corporate Social Responsibility: Literature Review," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 145-174, June.
    9. Lebano, A., 2010. "The concept of corporate social responsibility," ISS Working Papers - General Series 21243, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
    10. Cristian R. Loza Adaui, 2020. "Sustainability Reporting Quality of Peruvian Listed Companies and the Impact of Regulatory Requirements of Sustainability Disclosures," Sustainability, MDPI, vol. 12(3), pages 1-22, February.
    11. Katharina Spraul & Julia Thaler, 2020. "Partnering for good? An analysis of how to achieve sustainability-related outcomes in public–private partnerships," Business Research, Springer;German Academic Association for Business Research, vol. 13(2), pages 485-511, July.
    12. Weizhang Sun & Xuan Li & Yanli Geng & Jinfeng Yang & Yifei Zhang, 2020. "Board interlocks and the diffusion of CSR reporting practices: The role of market development," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(3), pages 1333-1343, May.
    13. Lartey, Theophilus A. & Amankwah-Amoah, Joseph & Danso, Albert & Adomako, Samuel & Khan, Zaheer & Tarba, Shlomo Y., 2021. "Environmental sustainability practices and offshoring activities of multinational corporations across emerging and developed markets," International Business Review, Elsevier, vol. 30(5).
    14. Mara Del Baldo & Paola Demartini, 2012. "Bottom-up or top-down: which is the best approach to improve CSR and sustainability in local contexts? Reflections from Italian experiences," Working Papers 1204, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2012.
    15. Salla Laasonen & Martin Fougère & Arno Kourula, 2012. "Dominant Articulations in Academic Business and Society Discourse on NGO–Business Relations: A Critical Assessment," Journal of Business Ethics, Springer, vol. 109(4), pages 521-545, September.
    16. Archel, Pablo & Husillos, Javier & Spence, Crawford, 2011. "The institutionalisation of unaccountability: Loading the dice of Corporate Social Responsibility discourse," Accounting, Organizations and Society, Elsevier, vol. 36(6), pages 327-343.
    17. Emma García‐Meca & María Consuelo Pucheta‐Martínez, 2018. "How Institutional Investors on Boards Impact on Stakeholder Engagement and Corporate Social Responsibility Reporting," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(3), pages 237-249, May.
    18. Dan Beare & Ruvena Buslovich & Cory Searcy, 2014. "Linkages between Corporate Sustainability Reporting and Public Policy," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 21(6), pages 336-350, November.
    19. Reinhard Steurer, 2010. "The role of governments in corporate social responsibility: characterising public policies on CSR in Europe," Policy Sciences, Springer;Society of Policy Sciences, vol. 43(1), pages 49-72, March.
    20. Dolors Celma & Esther Martínez‐Garcia & Germà Coenders, 2014. "Corporate Social Responsibility in Human Resource Management: An analysis of common practices and their determinants in Spain," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 21(2), pages 82-99, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:12:y:2020:i:8:p:3348-:d:347939. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.