Corporate Social Responsibility Practices at PEMEX: An Analysis on stakeholders
Nowadays, adopting an organizational approach focused on sustainable practices aimed at promoting the responsible use of resources can represent a competitive advantage for companies, which can thus keep costs low and reputation high. An example of a company that adopts this approach is Petróleos M...
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| Format: | Article |
| Language: | English |
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Universidad Jorge Tadeo Lozano
2022-05-01
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| Series: | Revista Tiempo & Economía |
| Subjects: | |
| Online Access: | https://revistas.utadeo.edu.co/index.php/TyE/article/view/1829 |
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| author | Saúl Alfonso Esparza Rodríguez Jaime Apolinar Martínez-Arroyo Enrique Esquivel Fernández Gabino García Tapia |
| author_facet | Saúl Alfonso Esparza Rodríguez Jaime Apolinar Martínez-Arroyo Enrique Esquivel Fernández Gabino García Tapia |
| author_sort | Saúl Alfonso Esparza Rodríguez |
| collection | DOAJ |
| description |
Nowadays, adopting an organizational approach focused on sustainable practices aimed at promoting the responsible use of resources can represent a competitive advantage for companies, which can thus keep costs low and reputation high. An example of a company that adopts this approach is Petróleos Mexicanos (PEMEX). For this research, an analysis of the external management structure of the company –whose Interest Groups includes indigenous communities, civil society, government, media, suppliers and customers— was carried out based on the information provided on its website. The evaluation of the organization’s performance in terms of its relationship with relevant stakeholders includes the annual reports provided by the company, using a matrix that includes the results obtained each year in terms of stakeholder management. The results show a decreasing tendency of the company on its investment in socially responsible practices, which contradicts the justification of such investment to promote and boost the competitive advantage of the company.
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| format | Article |
| id | doaj-art-d792ebb1d18d4e5a9e46f0d853196d58 |
| institution | OA Journals |
| issn | 2422-2704 |
| language | English |
| publishDate | 2022-05-01 |
| publisher | Universidad Jorge Tadeo Lozano |
| record_format | Article |
| series | Revista Tiempo & Economía |
| spelling | doaj-art-d792ebb1d18d4e5a9e46f0d853196d582025-08-20T02:36:33ZengUniversidad Jorge Tadeo LozanoRevista Tiempo & Economía2422-27042022-05-019210.21789/24222704.1829Corporate Social Responsibility Practices at PEMEX: An Analysis on stakeholdersSaúl Alfonso Esparza Rodríguez0Jaime Apolinar Martínez-Arroyo1Enrique Esquivel Fernández2Gabino García Tapia3Arkansas State University, USAUniversidad Michoacana de San Nicolás de Hidalgo, MéxicoCámara de Diputados de la LXV Legislatura, MéxicoUniversidad Nacional Autónoma de México, México Nowadays, adopting an organizational approach focused on sustainable practices aimed at promoting the responsible use of resources can represent a competitive advantage for companies, which can thus keep costs low and reputation high. An example of a company that adopts this approach is Petróleos Mexicanos (PEMEX). For this research, an analysis of the external management structure of the company –whose Interest Groups includes indigenous communities, civil society, government, media, suppliers and customers— was carried out based on the information provided on its website. The evaluation of the organization’s performance in terms of its relationship with relevant stakeholders includes the annual reports provided by the company, using a matrix that includes the results obtained each year in terms of stakeholder management. The results show a decreasing tendency of the company on its investment in socially responsible practices, which contradicts the justification of such investment to promote and boost the competitive advantage of the company. https://revistas.utadeo.edu.co/index.php/TyE/article/view/1829Stakeholder MatrixPEMEXsustainability practicesCSRstrategycompetitive advantage |
| spellingShingle | Saúl Alfonso Esparza Rodríguez Jaime Apolinar Martínez-Arroyo Enrique Esquivel Fernández Gabino García Tapia Corporate Social Responsibility Practices at PEMEX: An Analysis on stakeholders Revista Tiempo & Economía Stakeholder Matrix PEMEX sustainability practices CSR strategy competitive advantage |
| title | Corporate Social Responsibility Practices at PEMEX: An Analysis on stakeholders |
| title_full | Corporate Social Responsibility Practices at PEMEX: An Analysis on stakeholders |
| title_fullStr | Corporate Social Responsibility Practices at PEMEX: An Analysis on stakeholders |
| title_full_unstemmed | Corporate Social Responsibility Practices at PEMEX: An Analysis on stakeholders |
| title_short | Corporate Social Responsibility Practices at PEMEX: An Analysis on stakeholders |
| title_sort | corporate social responsibility practices at pemex an analysis on stakeholders |
| topic | Stakeholder Matrix PEMEX sustainability practices CSR strategy competitive advantage |
| url | https://revistas.utadeo.edu.co/index.php/TyE/article/view/1829 |
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