B Corps: A Socioeconomic Approach for the COVID-19 Post-crisis

José Manuel Saiz-Álvarez; Alejandro Vega-Muñoz; Ángel Acevedo-Duque; Dante Castillo

doi:10.3389/fpsyg.2020.01867

B Corps: A Socioeconomic Approach for the COVID-19 Post-crisis

José Manuel Saiz-Álvarez
, Alejandro Vega-Muñoz
, Ángel Acevedo-Duque
, Dante Castillo

Research output: Contribution to journal › Article › peer-review

43 Scopus citations

Abstract

The current global health and economic crisis caused by COVID-19 has opened the possibility to adopt the B Corp model and focus more on the person. Based on grounded theory, we have examined 147 organizations from 14 countries listed at the B Corp Directory for Latin America. Latin American B Corps have traits linked to family-related issues that are distinct from other B Corps located in different continents. Our main findings are that B Corps develop a more inclusive and sustainable economy to benefit society, go beyond the notion of CSR, and move away from traditional companies, as B Corps combine social development and economic growth.

Original language	English
Article number	1867
Journal	Frontiers in Psychology
Volume	11
DOIs	https://doi.org/10.3389/fpsyg.2020.01867
State	Published - 28 Jul 2020
Externally published	Yes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 3 Good Health and Well-being
SDG 9 Industry, Innovation, and Infrastructure

Keywords

B corporations
Latam
community-centered
social enterprise
social purpose

Access to Document

10.3389/fpsyg.2020.01867

Cite this

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title = "B Corps: A Socioeconomic Approach for the COVID-19 Post-crisis",

abstract = "The current global health and economic crisis caused by COVID-19 has opened the possibility to adopt the B Corp model and focus more on the person. Based on grounded theory, we have examined 147 organizations from 14 countries listed at the B Corp Directory for Latin America. Latin American B Corps have traits linked to family-related issues that are distinct from other B Corps located in different continents. Our main findings are that B Corps develop a more inclusive and sustainable economy to benefit society, go beyond the notion of CSR, and move away from traditional companies, as B Corps combine social development and economic growth.",

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AU - Saiz-Álvarez, José Manuel

AU - Vega-Muñoz, Alejandro

AU - Acevedo-Duque, Ángel

AU - Castillo, Dante

PY - 2020/7/28

Y1 - 2020/7/28

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AB - The current global health and economic crisis caused by COVID-19 has opened the possibility to adopt the B Corp model and focus more on the person. Based on grounded theory, we have examined 147 organizations from 14 countries listed at the B Corp Directory for Latin America. Latin American B Corps have traits linked to family-related issues that are distinct from other B Corps located in different continents. Our main findings are that B Corps develop a more inclusive and sustainable economy to benefit society, go beyond the notion of CSR, and move away from traditional companies, as B Corps combine social development and economic growth.

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KW - community-centered

KW - social enterprise

KW - social purpose

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B Corps: A Socioeconomic Approach for the COVID-19 Post-crisis

Abstract

UN SDGs

Keywords

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