A solidarity company can increase its corporate reputation levels before its stakeholders - Ecosistema de conocimiento de Corporate Excellence
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Sustainability

Book summaries March 2016

A solidarity company can increase its corporate reputation levels before its stakeholders

Edison Paul Tabra Ochoa claims in his book that a solidarity company can increase its corporate reputation level before its stakeholders and that exercising solidarity within the company creates well being for it and for the other agents in the market, and also contributes to its “sustainable”, “long-term”, and “social” roles.

The author also explains what criteria must a company meet in order to be considered an economic organisation which practices “solidarity”, underlining that economic activity must always service personal dignity.

The book describes how solidarity works in companies and international organisations and includes some of the suggestions made by the OECD, the European Union, the Bank for International Settlements, the UN, the European Bank and the World Bank.

Lastly, we present the conclusions about the benefits of finding a balance between economic and social profit within companies.

Document prepared by Corporate Excellence – Centre for Reputation Leadership and Edison Paul Tabra Ochoa based on the book Solidaridad y Gobierno Corporativo, written by Edison Paul Tabra Ochoa, Lecturer in Corporate and Business Law at the University of San Ignacio de Loyola and published by JM Bosch in 2015.​