The pharmaceutical industry in light of the demand for corporate social responsibility

La industria farmacéutica ante la demanda de responsabilidad social corporativa

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Abstract

In recent years, there has been increasing interest in corporate social responsibility (CSR) in the pharmaceutical industry. This is due to the impact of CSR on the society’s quality of life, along with the criticism regarding the economic interests of the industry.


From a Spanish context, this article pursues a twofold objective. Firstly, we undertook to analyze the information published by pharmaceutical companies in their sustainability reports. Secondly, we examined the determinants of disclosure of CSR-related information by these companies. The results indicate that pharmaceutical companies in Spain are highly committed to sustainable economic development – especially in the case of the most profitable and experienced pharmaceutical companies – and they prepare their sustainability reports in pursuance of the Global Reporting Initiative.

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Author Biography / See

Carmen Caba Pérez, Universidad de Almería

Carmen  Caba-Perez is an Assistant Professor in the Public Management Sector at the University of Almeria and Vice Dean in the Economics and Business Faculty. Her research is concerning to online transparency of public administration; nonprofit organizations and Venture Capital sectors. Dr. Caba’s strong research and teaching activity has led to her being accredited as a Full Professor by ANECA, Spain's National Agency for Quality Assessment and Accreditation.  She is author of several articles published in JCR publications including The American Review of Public Administration, International Review of Administrative Science, Online Information Review, Government Information Quarterly, Voluntas, Latin American Research Review or Public Administration and Development, Public Relations Review, Information Development, etc. Also, she has written more than 15 book chapters (Kluwer Academic Publishers; IGI Global, Springer, Cappelen Akademisk Forlag).

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