Social Capital, Corporate Ethics and Social Progress^*

Abstract

The main goal of this study is to analyze the influence of social capital and corporate ethics on social progress. A theoretical model is proposed, and the hypotheses were tested on a sample of 32 Organisation for Economic Cooperation and Development (OECD) and non-OECD countries between 2011 and 2018 that includes data from the Social Progress Imperative non-profit organization as well as from the World Economic Forum database (Global Competitiveness Reports). The results indicate that, although both social capital and corporate ethics have a direct influence on social progress, social capital also influences corporate ethics so that the latter acts as a mediating variable between social capital and social progress.

Citation

Alonso-Martínez, D., González-Álvarez, N. and Nieto, M. (2021), "Social Capital, Corporate Ethics and Social Progress^*", Andersen, T.J. (Ed.) Strategic Responses for a Sustainable Future: New Research in International Management (Emerald Studies in Global Strategic Responsiveness), Emerald Publishing Limited, Leeds, pp. 1-20. https://doi.org/10.1108/978-1-80071-929-320214001