Obywatelstwo korporacyjne i filantropia korporacyjna hybrydowych spółek z udziałem Skarbu Państwa w kryzysie COVID-19
Corporate Citizenship and Philanthropy in Hybrid State Treasury Companies During the COVID-19 crisis

Summary/Abstract: The COVID-19 crisis affected most sectors of the economy. Financial difficulties caused by the outbreak forced some companies to seek short-term profits due to increasing pressure for survival. However, many companies have actively engaged in activities for the welfare of society, which is characteristic of corporate citizenship. The objectives of state-owned enterprises are often linked not only to busi- ness, but also to job retention and government social policy. They therefore belong to the group of hybrid organizations. Listed state-owned enterprises are subject to three different institutional logics: state logic, corporate logic and capital market logic. The dilemmas associated with the different insti- tutional logics collide with the dilemmas of stakeholder management in the pandemic crisis, and thus decisions about corporate citizenship and corporate philanthropy. This paper presents the results of a qualitative study that shows how board members of hybrid companies made decisions concerning corporate citizenship and corporate philanthropy in the heat of the COVID-19 crisis, and how dif- ferent institutional logics exerted an impact on top managers’ decisions to engage in these activities.

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