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The Role of ESGs in Corporate Foundations’ Governance: An Italian Perspective

In: Non-Profit Organisations, Volume III

Author

Listed:
  • Iacopo Cavallini

    (University of Pisa)

  • Giuseppina Iacoviello

    (University of Pisa)

  • Chiara Insogna

    (University of Pisa)

Abstract

This study examines the governance structures of corporate foundations concerning the strategic plan's application of ESG criteria. The study contributes to understanding how corporate foundation procedures and operations mirror sustainability concerns and how managers adopt comparable behaviours due to these actions having institutionalised themselves. We used structured interviews with heads or representatives of corporate foundations as part of this exploratory study's qualitative methodology. Despite being aware of environmental, social, and governance issues’ importance, the results imply that corporate foundations do not include the ESG criteria in their strategic plan. With its specific emphasis on the ESG criteria, this article is among the first to examine corporate foundation governance. Consequently, we cover more ground than only providing the reasons for businesses engaging in socially conscious behaviour.

Suggested Citation

  • Iacopo Cavallini & Giuseppina Iacoviello & Chiara Insogna, 2024. "The Role of ESGs in Corporate Foundations’ Governance: An Italian Perspective," Palgrave Studies in Cross-disciplinary Business Research, In Association with EuroMed Academy of Business, in: Alkis Thrassou & Demetris Vrontis & Leonidas Efthymiou & Yaakov Weber & S. M. Riad Shams & Evangelos (ed.), Non-Profit Organisations, Volume III, chapter 0, pages 81-104, Palgrave Macmillan.
    • Handle: RePEc:pal:pscchp:978-3-031-62534-3_4
    DOI: 10.1007/978-3-031-62534-3_4
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