Do responsible business practices contribute to poverty reduction?

Abstract

Today organizations are pressured by different types of audiences to show responsibility in their actions towards society. The goal of the company must be an end to reconcile economic social and environmental elements in order to avoidinequalities that globalization is generating. This paper presents a theoretical review that examines the relationship between corporate social responsibility (CSR) and poverty in order to determine whether socially responsible practices can be a means to alleviate poverty in Latin America. It analyzes the successful experience of four companies in the region.