Corporate social responsibility in the companies of the retail sector

• Main Author: Luis Fernando Quintero-Arango
• Format: Article
• Language: English
• Published: Universidad del Magdalena 2017-11-01
• Series: CLIO América
• Online Access: http://revistas.unimagdalena.edu.co/index.php/clioamerica/article/view/2436

his article is derived from research conducted in retail stores in the city of Medellin, Colombia. The purpose of the research was to consider how Corporate Social Responsibility has an impact on clients and interest groups. The research was carried out through a qualitative methodology, through a hermeneutical approach. It should be noted that the epistemological sources have a foundation that supports the management of Corporate Social Responsibility, contributing to a business construction in a comprehensive and strategic manner. However, it was identified that companies in the retail sector are not convinced that acting in accordance with Corporate Social Responsibility contributes to their reputation and generates a positive impact on their clients and interest groups. The results of the study suggest two proposals to implement social responsibility in companies in this sector; First, consideration is given to considering social responsibility within the strategic plan of companies, and the second is to identify the way in which Social Responsibility contributes brand value and reputation to customers and other stakeholders.