Industry mimetic isomorphism and sustainable development based on the X-STATIS and HJ-biplot methods

[EN]Based on both neo-institutional theory and comparative institutional analysis, this paper studies the role that mimetic forces play in the patterns and evolution of behavior concerning company sustainability. The panel data is composed of 6600 observations of 600 international large listed compa...

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Detalhes bibliográficos
Autores: Amor Esteban, Víctor, Galindo Villardón, Purificación, García Sánchez, Isabel María
Tipo de documento: artigo
Estado:Versión enviada para evaluación y publicación
Data de publicação:2018
País:España
Recursos:Universidad de Salamanca (USAL)
Repositório:GREDOS. Repositorio Institucional de la Universidad de Salamanca
OAI Identifier:oai:gredos.usal.es:10366/167337
Acesso em linha:http://hdl.handle.net/10366/167337
Access Level:Acceso aberto
Palavra-chave:Corporate social responsibility (CSR)
Mimetic forces
X-STATIS
Sustainable development
HJ-biplot
Environmental management
Stakeholder engagement
1209.09 Análisis Multivariante
1209 Estadística
5312 Economía Sectorial
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network_acronym_str ES
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repository_id_str
spelling Industry mimetic isomorphism and sustainable development based on the X-STATIS and HJ-biplot methodsAmor Esteban, Víctor Galindo Villardón, PurificaciónGarcía Sánchez, Isabel MaríaCorporate social responsibility (CSR)Mimetic forcesX-STATISSustainable developmentHJ-biplotEnvironmental managementStakeholder engagement1209.09 Análisis Multivariante1209 Estadística5312 Economía Sectorial[EN]Based on both neo-institutional theory and comparative institutional analysis, this paper studies the role that mimetic forces play in the patterns and evolution of behavior concerning company sustainability. The panel data is composed of 6600 observations of 600 international large listed companies belonging to 39 different activity sectors for the period 2004–2014. Through employing the multivariate statistical methods HJ-biplot and X-STATIS, which provide a useful visualization of a complex data structure in a low-dimensional space, it can be observed that mimetic forces indicate that firms operating in high-impact sectors—sectors that operate under greater pressure from interest groups—face greater social and environmental risks and have higher corporate social responsibility (CSR) scores than companies from other sectors. The adoption or development of CSR practices depends largely on the type of industry in which the company operates, as stakeholder engagement in different industry sectors has different areas of concern. Therefore, companies operating in more polluting sectors, such as mining, paper, chemicals, or oil, give higher priority to environmental protection and defense of human rights, while other, less polluting companies involved in the communication sector are concerned to a greater extent by social issues, such as business ethics or the rights of their employees. Finally, this paper evidences that firms operating in similar contexts, in industries that face analogous risks and challenges, probably develop common policies and regulations with the aim of mitigating the pressures applied by their major stakeholder groups.Springer202520252018info:eu-repo/semantics/articleinfo:eu-repo/semantics/submittedVersionhttp://hdl.handle.net/10366/167337reponame:GREDOS. Repositorio Institucional de la Universidad de Salamancainstname:Universidad de Salamanca (USAL)InglésAttribution-NonCommercial-NoDerivatives 4.0 Internacionalhttp://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccessoai:gredos.usal.es:10366/1673372026-06-07T06:28:51Z
dc.title.none.fl_str_mv Industry mimetic isomorphism and sustainable development based on the X-STATIS and HJ-biplot methods
title Industry mimetic isomorphism and sustainable development based on the X-STATIS and HJ-biplot methods
spellingShingle Industry mimetic isomorphism and sustainable development based on the X-STATIS and HJ-biplot methods
Amor Esteban, Víctor
Corporate social responsibility (CSR)
Mimetic forces
X-STATIS
Sustainable development
HJ-biplot
Environmental management
Stakeholder engagement
1209.09 Análisis Multivariante
1209 Estadística
5312 Economía Sectorial
title_short Industry mimetic isomorphism and sustainable development based on the X-STATIS and HJ-biplot methods
title_full Industry mimetic isomorphism and sustainable development based on the X-STATIS and HJ-biplot methods
title_fullStr Industry mimetic isomorphism and sustainable development based on the X-STATIS and HJ-biplot methods
title_full_unstemmed Industry mimetic isomorphism and sustainable development based on the X-STATIS and HJ-biplot methods
title_sort Industry mimetic isomorphism and sustainable development based on the X-STATIS and HJ-biplot methods
dc.creator.none.fl_str_mv Amor Esteban, Víctor
Galindo Villardón, Purificación
García Sánchez, Isabel María
author Amor Esteban, Víctor
author_facet Amor Esteban, Víctor
Galindo Villardón, Purificación
García Sánchez, Isabel María
author_role author
author2 Galindo Villardón, Purificación
García Sánchez, Isabel María
author2_role author
author
dc.subject.none.fl_str_mv Corporate social responsibility (CSR)
Mimetic forces
X-STATIS
Sustainable development
HJ-biplot
Environmental management
Stakeholder engagement
1209.09 Análisis Multivariante
1209 Estadística
5312 Economía Sectorial
topic Corporate social responsibility (CSR)
Mimetic forces
X-STATIS
Sustainable development
HJ-biplot
Environmental management
Stakeholder engagement
1209.09 Análisis Multivariante
1209 Estadística
5312 Economía Sectorial
description [EN]Based on both neo-institutional theory and comparative institutional analysis, this paper studies the role that mimetic forces play in the patterns and evolution of behavior concerning company sustainability. The panel data is composed of 6600 observations of 600 international large listed companies belonging to 39 different activity sectors for the period 2004–2014. Through employing the multivariate statistical methods HJ-biplot and X-STATIS, which provide a useful visualization of a complex data structure in a low-dimensional space, it can be observed that mimetic forces indicate that firms operating in high-impact sectors—sectors that operate under greater pressure from interest groups—face greater social and environmental risks and have higher corporate social responsibility (CSR) scores than companies from other sectors. The adoption or development of CSR practices depends largely on the type of industry in which the company operates, as stakeholder engagement in different industry sectors has different areas of concern. Therefore, companies operating in more polluting sectors, such as mining, paper, chemicals, or oil, give higher priority to environmental protection and defense of human rights, while other, less polluting companies involved in the communication sector are concerned to a greater extent by social issues, such as business ethics or the rights of their employees. Finally, this paper evidences that firms operating in similar contexts, in industries that face analogous risks and challenges, probably develop common policies and regulations with the aim of mitigating the pressures applied by their major stakeholder groups.
publishDate 2018
dc.date.none.fl_str_mv 2018
2025
2025
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/submittedVersion
format article
status_str submittedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/10366/167337
url http://hdl.handle.net/10366/167337
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.rights.none.fl_str_mv Attribution-NonCommercial-NoDerivatives 4.0 Internacional
http://creativecommons.org/licenses/by-nc-nd/4.0/
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Attribution-NonCommercial-NoDerivatives 4.0 Internacional
http://creativecommons.org/licenses/by-nc-nd/4.0/
eu_rights_str_mv openAccess
dc.publisher.none.fl_str_mv Springer
publisher.none.fl_str_mv Springer
dc.source.none.fl_str_mv reponame:GREDOS. Repositorio Institucional de la Universidad de Salamanca
instname:Universidad de Salamanca (USAL)
instname_str Universidad de Salamanca (USAL)
reponame_str GREDOS. Repositorio Institucional de la Universidad de Salamanca
collection GREDOS. Repositorio Institucional de la Universidad de Salamanca
repository.name.fl_str_mv
repository.mail.fl_str_mv
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