Corporate Social Responsibility Framework: An Innovative Solution to Social Determinants of Health in the USA
Purpose Expand firms’ corporate social responsibility (CSR) framework to systematically address social determinants of health (SDOH) in their communities and improve firms’ performance (FP). Gap The U.S. healthcare system has struggl...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Springer International Publishing
2024
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| Online Access: | https://hdl.handle.net/1721.1/153306 |
| _version_ | 1826194880827752448 |
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| author | Jain, Pankaj Jain, Bhav Dee, Edward C. |
| author_facet | Jain, Pankaj Jain, Bhav Dee, Edward C. |
| author_sort | Jain, Pankaj |
| collection | MIT |
| description | Purpose
Expand firms’ corporate social responsibility (CSR) framework to systematically address social determinants of health (SDOH) in their communities and improve firms’ performance (FP).
Gap
The U.S. healthcare system has struggled to improve population health outcomes while enhancing delivery performance. An oft-overlooked contributor to this deficit is SDOH inequities, accounting for 25–60% of deaths in the USA annually. Ironically, most healthcare firms do not view investment in SDOH, a neglected phenomenon, to develop sustainable healthy communities as their direct responsibility due to the “wrong pocket problem.” Although extant literature theorizes the CSR construct, there is a paucity of research on SDOH integration with the CSR framework.
Design
We integrate a quantitative and qualitative study with supplementary literature on CSR and SDOH using the grounded theory method by researching fourteen health plan firms across the USA.
Findings
Research reveals early efforts undertaken by top-performing healthcare insurers to address SDOH and provides evidence that such measures can be integrated profitably under CSR as a competitive advantage.
Originality
Contributes to CSR theory and practice by providing an empirical model and expanding its framework to address SDOH systematically. Key implications are as follows: (1) healthcare firms to link with unconventional partners, such as housing authorities, food banks, employment agencies, and schools; (2) the entire healthcare supply chain to collaborate with social enterprises and regulators to develop sustainable communities; (3) policymakers must incentivize firms to align social equity and corporate goals; and (4) long-term view on CSR, SDOH, and healthy living (HL) will in-turn eliminate social inequities while enhancing FP. |
| first_indexed | 2024-09-23T10:03:19Z |
| format | Article |
| id | mit-1721.1/153306 |
| institution | Massachusetts Institute of Technology |
| language | English |
| last_indexed | 2024-09-23T10:03:19Z |
| publishDate | 2024 |
| publisher | Springer International Publishing |
| record_format | dspace |
| spelling | mit-1721.1/1533062024-02-05T05:08:37Z Corporate Social Responsibility Framework: An Innovative Solution to Social Determinants of Health in the USA Jain, Pankaj Jain, Bhav Dee, Edward C. Purpose Expand firms’ corporate social responsibility (CSR) framework to systematically address social determinants of health (SDOH) in their communities and improve firms’ performance (FP). Gap The U.S. healthcare system has struggled to improve population health outcomes while enhancing delivery performance. An oft-overlooked contributor to this deficit is SDOH inequities, accounting for 25–60% of deaths in the USA annually. Ironically, most healthcare firms do not view investment in SDOH, a neglected phenomenon, to develop sustainable healthy communities as their direct responsibility due to the “wrong pocket problem.” Although extant literature theorizes the CSR construct, there is a paucity of research on SDOH integration with the CSR framework. Design We integrate a quantitative and qualitative study with supplementary literature on CSR and SDOH using the grounded theory method by researching fourteen health plan firms across the USA. Findings Research reveals early efforts undertaken by top-performing healthcare insurers to address SDOH and provides evidence that such measures can be integrated profitably under CSR as a competitive advantage. Originality Contributes to CSR theory and practice by providing an empirical model and expanding its framework to address SDOH systematically. Key implications are as follows: (1) healthcare firms to link with unconventional partners, such as housing authorities, food banks, employment agencies, and schools; (2) the entire healthcare supply chain to collaborate with social enterprises and regulators to develop sustainable communities; (3) policymakers must incentivize firms to align social equity and corporate goals; and (4) long-term view on CSR, SDOH, and healthy living (HL) will in-turn eliminate social inequities while enhancing FP. 2024-01-11T15:26:32Z 2024-01-11T15:26:32Z 2023-01-23 2024-01-11T04:30:50Z Article http://purl.org/eprint/type/JournalArticle https://hdl.handle.net/1721.1/153306 Jain, Pankaj, Jain, Bhav and Dee, Edward C. 2023. "Corporate Social Responsibility Framework: An Innovative Solution to Social Determinants of Health in the USA." en https://doi.org/10.1007/s40615-022-01493-2 Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use. W. Montague Cobb-NMA Health Institute application/pdf Springer International Publishing Springer International Publishing |
| spellingShingle | Jain, Pankaj Jain, Bhav Dee, Edward C. Corporate Social Responsibility Framework: An Innovative Solution to Social Determinants of Health in the USA |
| title | Corporate Social Responsibility Framework: An Innovative Solution to Social Determinants of Health in the USA |
| title_full | Corporate Social Responsibility Framework: An Innovative Solution to Social Determinants of Health in the USA |
| title_fullStr | Corporate Social Responsibility Framework: An Innovative Solution to Social Determinants of Health in the USA |
| title_full_unstemmed | Corporate Social Responsibility Framework: An Innovative Solution to Social Determinants of Health in the USA |
| title_short | Corporate Social Responsibility Framework: An Innovative Solution to Social Determinants of Health in the USA |
| title_sort | corporate social responsibility framework an innovative solution to social determinants of health in the usa |
| url | https://hdl.handle.net/1721.1/153306 |
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