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Publication type: Article in scientific journal
Type of review: Peer review (publication)
Title: Changes in corporate responsibility management during COVID-19 crisis and their effects on business resilience : an empirical study of Swiss and German companies
Authors: Brand, Fridolin Simon
Bläse, Richard
Weber, Giulia
Winistörfer, Herbert
et. al: No
DOI: 10.3390/su14074144
Published in: Sustainability
Volume(Issue): 14
Issue: 7
Issue Date: Mar-2022
Publisher / Ed. Institution: MDPI
ISSN: 2071-1050
Language: English
Subjects: Business resilience; COVID-19; Corporate responsibility management; Corporate responsibility reporting
Subject (DDC): 658.408: Security management, environmental management
Abstract: The COVID-19 pandemic has affected the activities and performance of companies worldwide. This article examines in what ways corporate responsibility management and corporate responsibility reporting activities have changed during the COVID-19 crisis in Switzerland and Germany, and how corporate responsibility management is related to aspects of business resilience in terms of maintaining expected financial performance during the COVID-19 crisis in Swiss companies. To answer these questions, we conducted a quantitative and qualitative content analysis of company reports of the top 10 Swiss and German companies in terms of market capitalization, as well as a quantitative survey among Swiss managers. Our results show that during the period under consideration, (i) a majority of the companies analyzed in Switzerland and Germany expanded their sustainability reporting, both overall and in all sustainability dimensions; (ii) there is a tendency for corporate responsibility management to move away from upstream and downstream sustainability topics and focus more on in-house sustainability topics; and (iii) there is a correlation between the two corporate responsibility topics of local recruitment and occupational health and expected financial performance as an aspect of maintained business resilience in times of crisis.
Fulltext version: Published version
License (according to publishing contract): CC BY 4.0: Attribution 4.0 International
Departement: School of Management and Law
Organisational Unit: Center for Corporate Responsibility (CCR)
Institute of Innovation and Entrepreneurship (IIE)
Appears in collections:Publikationen School of Management and Law

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