Obywatelstwo korporacyjne i filantropia korporacyjna hybrydowych spółek z udziałem Skarbu Państwa w kryzysie COVID-19

• Authors: Tomasz Gigol , Katarzyna Kreczmańska-Gigol

Title variants

EN

Corporate Citizenship and Philanthropy in Hybrid State Treasury Companies During the COVID-19 crisis

Abstracts

EN

The COVID-19 crisis affected most sectors of the economy. Financial difficulties caused by the outbreak forced some companies to seek short-term profits due to increasing pressure for survival. However, many companies have actively engaged in activities for the welfare of society, which is characteristic of corporate citizenship. The objectives of state-owned enterprises are often linked not only to business, but also to job retention and government social policy. They therefore belong to the group of hybrid organizations. Listed state-owned enterprises are subject to three different institutional logics: state logic, corporate logic and capital market logic. The dilemmas associated with the different institutional logics collide with the dilemmas of stakeholder management in the pandemic crisis, and thus decisions about corporate citizenship and corporate philanthropy. This paper presents the results of a qualitative study that shows how board members of hybrid companies made decisions concerning corporate citizenship and corporate philanthropy in the heat of the COVID-19 crisis, and how different institutional logics exerted an impact on top managers’ decisions to engage in these activities.

PL

Kryzys COVID-19 dotknął większości sektorów gospodarki. Trudności finansowe spowodowane wybuchem epidemii zmusiły niektóre firmy do dążenia do krótkoterminowych zysków z powodu rosnącej presji na przetrwanie. Wiele przedsiębiorstw aktywnie zaangażowało się w działania na rzecz dobrostanu społeczeństwa, co jest charakterystyczne dla obywatelstwa korporacyjnego. Cele przedsiębiorstw państwowych są często związane nie tylko z biznesem, lecz także z utrzymaniem miejsc pracy i polityką społeczną rządu. Dlatego należą one do organizacji o charakterze hybrydowym. Notowane na giełdzie przedsiębiorstwa państwowe podlegają trzem różnym logikom instytucjonalnym – logice państwa, logice korporacyjnej i logice rynku kapitałowego. Dylematy związane z różnymi logikami instytucjonalnymi zderzają się z dylematami dotyczącymi zarządzania interesariuszami w kryzysie pandemicznym, a zatem decyzjami co do obywatelstwa korporacyjnego i korporacyjnej filantropii. W artykule zaprezentowano wyniki badań jakościowych, w których pokazano, w jaki sposób członkowie zarządów przedsiębiorstw hybrydowych podejmowali decyzje dotyczące obywatelstwa korporacyjnego i filantropii korporacyjnej w gorącym okresie kryzysu COVID-19 oraz jak odmienne logiki instytucjonalne wpływały na decyzje top-menedżerów co do zaangażowania się w te działania.

Keywords

PL

przedsiębiorstwo hybrydowe; spółka Skarbu Państwa; obywatelstwo korporacyjne; filantropia korporacyjna; kryzys COVID-19

EN

hybrid enterprise; State Treasury company; corporate citizenship; corporate philanthropy; COVID-19 crisis

• Publisher: Szkoła Główna Handlowa w Warszawie. Kolegium Zarządzania i Finansów
• Journal: Studia i Prace Kolegium Zarządzania i Finansów
• Year: 2022
• Issue: 183
• Pages: 19-31

Dates

published

2022

Contributors

author

Tomasz Gigol

• Szkoła Główna Handlowa w Warszawie

• https://orcid.org/0000000170184552

author

Katarzyna Kreczmańska-Gigol

• Szkoła Główna Handlowa w Warszawie

• https://orcid.org/0000000184839740

References

• Aguinis H., Glavas A. [2012], What We Know and Don’t Know about Corporate Social Responsibility: A Review and Research Agenda, „Journal of Management”, 38 (4).
• Ankiewicz M. [2021], Effectiveness of Investing in Socially Responsible Companies During the COVID-19 Pandemic, „Procedia Computer Science”, 192.
• Aßländer M. S., Curbach J. [2014], The Corporation as Citoyen? Towards a New Understanding of Corporate Citizenship, „Journal of Business Ethics”, 120 (4).
• Baldwin R., Weder di Mauro B. (red.) [2020], Economics in the Time of COVID-19, CEPR Press, London.
• Bałtowski M., Kozarzewski P. [2016], Formal and Real Ownership Structure of the Polish Economy: State-Owned Versus State-Controlled Enterprises, „Post-Communist Economies”, 28 (3).
• Bałtowski M., Kwiatkowski G. [2019], Miejsce przedsiębiorstw państwowych we współczesnej gospodarce – Polska na tle świata, „Ekonomista”, (1).
• Battilana J., Dorado S. [2010], Building Sustainable Hybrid Organizations: The Case of Commercial Microfinance Organizations, „Academy of Management Journal”, 53 (6).
• Belhadi A., Kamble S., Jabbour C. J. C., Gunasekaran A., Ndubisi N. O., Venkatesh M. [2021], Manufacturing and Service Supply Chain Resilience to the COVID-19 Outbreak: Lessons Learned from the Automobile and Airline Industries, „Technological Forecasting and Social Change”, 163.
• Berger A. N., Demirgüç-Kunt A. [2021], Banking Research in the Time of COVID-19, „Journal of Financial Stability”, 57.
• Boodoo M. U., Henriques I., Husted B. W. [2021], Putting the „Love of Humanity” Back in Corporate Philanthropy: The Case of Health Grants by Corporate Foundations, „Journal of Business Ethics”, 175.
• Bruton G. D., Peng M. W., Ahlstrom D., Stan C., Xu K. [2015], State-Owned Enterprises around the World as Hybrid Organizations, „Academy of Management Perspectives”, 29 (1).
• Carracedo P., Puertas R., Marti L. [2021], Research Lines on the Impact of the COVID-19 Pandemic on Business. A Text Mining Analysis, „Journal of Business Research”, 132.
• Carroll A. B. [1991], The Pyramid of Corporate Social Responsibility: Toward the Moral Management of Organizational Stakeholders, „Business Horizons”, 34 (4).
• Carroll A. B. [1998], The Four Faces of Corporate Citizenship, „Business and Society Review”, 100 (1).
• Cha W., Rajadhyaksha U. [2021], What Do We Know about Corporate Philanthropy? A Review and Research Directions, „Business Ethics, Envoirement & Responsibility”, 30.
• Chen J., Dong W., Tong J., Zhang F. [2018], Corporate philanthropy and Tunneling: Evidence from China, „Journal of Business Ethics”, 150 (1).
• Crane A., Matten D. [2020], COVID‐19 and the Future of CSR Research, „Journal of Management Studies”, doi: 10.1111/joms.12642
• Creswell J. W., Poth C. N. [2016], Qualitative Inquiry and Research Design: Choosing among Five Approaches, Sage.
• Czajkowska A. [2020], Wpływ pandemii COVID-19 na działania CSR podejmowane przez przedsiębiorstwa, „Zeszyty Naukowe Uniwersytetu Ekonomicznego w Krakowie”, 987 (3).
• Dai N. T., Tan Z. S., Tang G., Xiao J. Z. [2017], IPOs, Institutional Complexity, and Management Accounting in Hybrid Organisations: A Field Study in a State-Owned Enterprise in China, „Management Accounting Research”, 36.
• Demir B., Javorcik B. [2020], Trade Finance Matters: Evidence from the COVID-19 Crisis, „Oxford Review of Economic Policy”, 36 (1).
• Fioretti M., Saint-Jean V., Smith S. C. [2021], Selfish Shareholders: Corporate Donations During COVID-19, arXiv preprint arXiv:2103.12138.
• Fox C., Davis P., Baucus M. [2020], Corporate Social Responsibility During Unprecedented Crises: The Role of Authentic Leadership and Business Model Flexibility, „Management Decision”, 58 (10).
• Gao Y., Hafsi T. [2017], Political Dependence, Social Scrutiny, and Corporate Philanthropy: Evidence from Disaster Relief, „Business Ethics: A European Review”, 26 (2).
• García-Sánchez I. M., Amor-Esteban V., García-Sánchez A. [2021], Different Leaders in a COVID-19 Scenario: CEO Altruism and Generous Discourse, „Sustainability”, 13 (7).
• García-Sánchez I. M., García-Sánchez A. [2020], Corporate Social Responsibility During COVID-19 Pandemic, „Journal of Open Innovation: Technology, Market, and Complexity”, 6 (4).
• Gardberg N. A., Fombrun C. J. [2006], Corporate Citizenship: Creating Intangible Assets across Institutional Environments, „Academy of Management Review”, 31 (2).
• Godfrey P. C. [2005], The Pelationship between Corporate Philanthropy and Shareholder Wealth: A Risk Management Perspective, „Academy of Management Review”, 30 (4).
• He H., Harris L. [2020], The Impact of Covid-19 Pandemic on Corporate Social Responsibility and Marketing Philosophy, „Journal of Business Research”, 116.
• Hensel P. [2015], Wykorzystanie koncepcji konkurujących logik instytucjonalnych w badaniach organizacji, „Organizacja i Kierowanie”, 168.
• Jay J. [2013], Navigating Paradox as a Mechanism of Change and Innovation in Hybrid Organizations, „Academy of Management Journal”, 56 (1).
• Kantor A., Kubiczek J. [2021], Polish Culture in the Face of the COVID-19 Pandemic Crisis, „Journal of Risk and Financial Management”, 14 (4).
• Kruggel A., Tiberius V., Fabro M. [2020], Corporate Citizenship: Structuring the Research Field, „Sustainability”, 12 (13).
• Lin C. P. [2010], Modeling Corporate Citizenship, Organizational Trust, and Work Engagement Based on Attachment Theory, „Journal of Business Ethics”, 94 (4).
• Manuel T., Herron T. L. [2020], An Ethical Perspective of Business CSR and the COVID-19 Pandemic, „Society and Business Review”, 15 (3).
• Marsden C., Andriof J. [1998], Towards an Understanding of Corporate Citizenship and How to Influence it, „Citizenship Studies”, 2 (2).
• Matten D., Crane A. [2005], Corporate Citizenship: Toward an Extended Theoretical Conceptualization, „Academy of Management Review”, 30 (1).
• Matten D., Crane A., Chapple W. [2003], Behind the Mask: Revealing the True Face of Corporate Citizenship, „Journal of Business Ethics”, 45 (1).
• McWilliams A., Siegel D. [2001], Profit Maximizing Corporate Social Responsibility, „Academy of Management Review”, 26 (4).
• Olczyk M., Kuc-Czarnecka M. E. [2021], Determinants of COVID-19 Impact on the Private Sector: A Multi-Country Analysis Based on Survey Data, „Energies”, 14 (14).
• Pache A. C., Santos F. [2013], Inside the Hybrid Organization: Selective Coupling as a Response to Competing Institutional Logics, „Academy of Management Journal”, 56 (4).
• Peng M., Bruton G. D., Stan C. V., Huang Y. [2016], Theories of the [State-Owned] Firm, „Asia Pacific Journal of Management”, 33 (2).
• Pinkas J., Jankowski M., Szumowski Ł., Lusawa A., Zgliczyński W. S., Raciborski F., Gujski M. [2020], Public Health Interventions to Mitigate Early Spread of SARS-CoV-2 in Poland, „Medical Science Monitor: International Medical Journal of Experimental and Clinical Research”, 26.
• Postuła I., Kabut M. [2020], The Influence of Regulations on SOEs: The Perception of Polish SOEs’ Board Members, w: Corporate Governance in Central Europe and Russia, Springer, Cham.
• Postuła I., Wieczorek A. [2021], Government Officials as a Quasi-Body of Polish State-Owned Companies, „Studia Prawno-Ekonomiczne”, 119.
• Sharma P., Leung T. Y., Kingshott R. P., Davcik N. S., Cardinali S. [2020], Managing Uncertainty During a Global Pandemic: An International Business Perspective, „Journal of Business Research”, 116.
• Siegel D. S., Vitaliano D. [2007], An Empirical Analysis of the Strategic Use of Corporate Social Responsibility, „Journal of Economics and Management Strategy”, 16.
• Sison A. J. G. [2009], From CSR to Corporate Citizenship: Anglo-American and Continental European Perspectives, „Journal of Business Ethics”, 89 (3).
• Susskind D., Vines D. [2020], The Economics of the COVID-19 Pandemic: An Assessment, „Oxford Review of Economic Policy”, 36 (Supplement_1).
• Szromek A. R. [2021], The Role of Health Resort Enterprises in Health Prevention during the Epidemic Crisis Caused by COVID-19, „Journal of Open Innovation: Technology, Market, and Complexity”, 7 (2).
• Valor C. [2005], Corporate Social Responsibility and Corporate Citizenship: Towards Corporate Accountability, „Business and Society Review”, 110 (2).
• Vining A., Laurin C. [2020], State-Owned Enterprise Hybrids, w: The Routledge Handbook of State-Owned Enterprises, Routledge, New York.
• Waldman D. A., Siegel D. [2008], Defining the Socially Responsible Leader, „The Leadership Quarterly”, 19 (1).
• Wasowska A., Postuła I. [2018], Formal and Informal Governance Mechanisms in State-Owned Enterprises: Evidence from Post-Transitional Poland, „Baltic Journal of Management”, 13 (4).
• Zhang Y. [2021], Corporate Responses to COVID-19: A Nonmarket Strategy Approach, „Sociological Perspectives”, 07311214211017587.

Identifiers

DOI

10.33119/SIP.2022.183.2

Biblioteka Nauki

18657950