Crises conducting stakeholder salience: shifts in the evolution of private universities’ governance in Latin America

González-Pérez, María Alejandra; Cordova, Miguel; Hermans, Michel; Nava-Aguirre, Karla María; Monje Cueto, Fabiola; Mingo, Santiago; Tobon, Santiago; Rodríguez, Carlos Adrián; Salvaj, Erica; Floriani, Dinora Eliete

Publication:
Crises conducting stakeholder salience: shifts in the evolution of private universities’ governance in Latin America

dc.contributor.author	González-Pérez, María Alejandra
dc.contributor.author	Cordova, Miguel
dc.contributor.author	Hermans, Michel
dc.contributor.author	Nava-Aguirre, Karla María
dc.contributor.author	Monje Cueto, Fabiola
dc.contributor.author	Mingo, Santiago
dc.contributor.author	Tobon, Santiago
dc.contributor.author	Rodríguez, Carlos Adrián
dc.contributor.author	Salvaj, Erica
dc.contributor.author	Floriani, Dinora Eliete
dc.contributor.author	Salvaj, Erica
dc.date.accessioned	2022-04-04T14:17:47Z
dc.date.available	2022-04-04T14:17:47Z
dc.date.issued	2021
dc.description.abstract	Purpose – This study aims to build on embedded approaches to stakeholder management and examines how organizational decision-makers consider social responsibility toward proximal stakeholders in crises that encompass an entire system of stakeholder relationships. Design/methodology/approach – Within a criterion-based sample of eight Latin American private universities, this paper develops in-depth exploratory case studies to examine the prioritization of stakeholders in higher education institutions’ decision-making during the outbreak of the COVID-19 crisis. Findings – Contrary to the notion that during crises organizations prioritize stakeholders that provide resources that are critical to survival, this study finds that in contextual crises stakeholder management is informed by social responsibility. In addition, the findings suggest that crises may be tipping points for changes toward mission-driven approaches to governance. Practical implications – Acknowledging the roles of social responsibility and proximity in stakeholder management during contextual crises allows for more informed governance of organizations that face disruptions in their system of stakeholder relations. Originality/value – This study contributes unique insights into the decision-maker’s prioritization of stakeholders during the COVID-19 crisis. The uncertainty associated with the emerging ‘‘new normal’’ allowed for an extreme test of socially embedded versus resource-oriented approaches to stakeholder management	es
dc.description.version	Versión aceptada	es
dc.identifier.citation	Gonzalez-Perez, M.A., Cordova, M., Hermans, M., Nava-Aguirre, K.M., Monje-Cueto, F., Mingo, S., Tobon, S., Rodriguez, C.A., Salvaj, E.H. and Floriani, D.E. (2021), "Crises conducting stakeholder salience: shifts in the evolution of private universities’ governance in Latin America", Corporate Governance, Vol. 21 No. 6, pp. 1194-1214. https://doi.org/10.1108/CG-09-2020-0397	es
dc.identifier.uri	https://doi.org/10.1108/CG-09-2020-0397	es
dc.identifier.uri	http://hdl.handle.net/11447/5911
dc.language.iso	en	es
dc.subject	Stakeholder management	es
dc.subject	Stakeholder salience	es
dc.subject	Crisis management	es
dc.subject	Covid-19	es
dc.subject	University social responsibility (USR)	es
dc.subject	Civic engagement	es
dc.subject	Corporate governance	es
dc.subject	History of HEIs	es
dc.subject	Higher education institutions (HEIs)	es
dc.title	Crises conducting stakeholder salience: shifts in the evolution of private universities’ governance in Latin America	es
dc.type	Article	es
dcterms.source	Corporate Governance	es
dspace.entity.type	Publication
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relation.isAuthorOfPublication.latestForDiscovery	b93ce63b-237c-4acc-8cb3-0dcebf0a60cb