Corporate Volunteering Impacts

Abstract

Institutions such as the European Commission have committed themselves to promote corporate social responsibility (CSR) in their 2020 Strategy for Europe, being that an increasing number of companies are developing corporate volunteering (CV) as part of their CSR policy. The purpose of this paper is to study the impacts of CV implementation on three stakeholders: the company, the community, and the employees. Through a survey targeting employees with experience in CV, it was possible to conclude, generally, that the main perceived impact is increasing employee satisfaction level; that CV impacts are partially influenced by gender, the respondents' frequency in CV activities, and preferences; and, finally, that CV impacts are mainly explained in the company by self-serving purposes, in the community by the anticipation of benefits, and for employees by the social exchange, attribution, and identification psychological theories.