Doctrina Social de la Iglesia Católica y performance empresarial: la sostenibilidad como constructo ético y económico (Social Doctrine of the Catholic Church and Business Performance: Sustainability as an Ethical and Economic Concept)

104 Pages Posted: 10 Sep 2019

Date Written: September 1, 2019

Abstract

Spanish Abstract: En esta investigación vemos que la sostenibilidad empresarial tiene una lógica ética y económica, por lo que puede ser un modelo a impulsar para lograr un verdadero desarrollo. Desde un punto de vista ético puede apoyarse en los derechos humanos y en la ética cívica; pero en este trabajo nos hemos centrado principalmente en sustentar y enriquecer la sostenibilidad empresarial en base a la Doctrina Social de la Iglesia Católica, rico acervo de sabiduría que, además, puede ser compartido en sus exhortaciones por muchas personas no católicas. También hemos trabajado sobre su lógica económica: viendo por qué es razonable que las empresas sostenibles obtengan buenos resultados, formulando el modelo para superar el problema de agencia (lo que le da ventaja sobre el tradicional modelo de los stakeholders), estudiando contrastes empíricos que demuestran la buena performance de las empresas sostenibles, y realizando un nuevo contraste que nos confirma lo anterior.

English Abstract: In this research we see that business sustainability has an ethical and economic logic, so it can be a model to promote in order to reach real development. From an ethical point of view you can rely on human rights and civic ethics; but in this work we have focused mainly on sustaining and enriching business sustainability based on the Social Doctrine of the Catholic Church, rich wealth of wisdom that, in addition, can be shared in its exhortations by many non-Catholic people. We have also worked on its economic logic: seeing why it is reasonable for sustainable companies to obtain good results, formulating the model to overcome the agency problem (which gives it an advantage over the traditional stakeholder model), studying empirical analysis that demonstrate the good performance of sustainable companies, and making a new analysis that confirms the above.

Note: Downloadable document is in Spanish.

Keywords: Business Sustainability, Social Doctrine of the Catholic Church, Economic Ethics, Economic Development, Social Economic Progress, Business Performance, ESG Index

JEL Classification: M14, O12, G34, G11

Suggested Citation

Gómez-Bezares, Ana and Gómez-Bezares, Fernando, Doctrina Social de la Iglesia Católica y performance empresarial: la sostenibilidad como constructo ético y económico (Social Doctrine of the Catholic Church and Business Performance: Sustainability as an Ethical and Economic Concept) (September 1, 2019). Available at SSRN: https://ssrn.com/abstract=3446772 or http://dx.doi.org/10.2139/ssrn.3446772

Ana Gómez-Bezares (Contact Author)

Banco de España ( email )

Alcala 50
Madrid 28014
Spain

Fernando Gómez-Bezares

University of Deusto ( email )

Avda Universidades, 24
Bilbao, 48007
Spain

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