Corporate Social Responsibility has become a popular term describing an organization’s support towards the well-being of a community, going beyond their required economical and legal responsibilities. There is a considerable amount of academic literature regarding CSR and its development, but the great majority centers on developed countries. The aim of this study is to illustrate the development of CSR in Honduras, along with the factors that have triggered this evolution. Case studies of 5 companies with operations in Honduras are presented to better understand the Honduran context, specifying the drivers of change and the observed stages of CSR in this society.

1. INTRODUCTION 1
2. LITERATURE REVIEW 2
2.1 Development of CSR 2
2.2 Drivers of Change 5
2.3 CSR in Developing Countries 7
2.4 Socioeconomic Context of Honduras 8
3. RESEARCH METHODOLOGY 10
3.1 Research Objectives 10
3.2 Design 11
3.3 Sample Description 12
3.4 Data Collection 12
3.5 Data Analysis 14
4. FINDINGS 15
4.1 CSR Developments 15
5. DISCUSSION 29
5.1 Drivers of Change in Honduran Context 29
5.1.1 Global Trends 30
5.1.2 Risk Mitigation 31
5.1.3 Search for Talent 32
5.1.4 Cost Efficiency 32
5.1.5 FUNDAHRSE 33
5.2 Cross Case Analysis 35
6. CONCLUSIONS 38
6.1 Limitations and Future Research 39
REFERENCES 40

A Case Study of Corporate Social Responsibility by Malaysian Government Link Company | Elsevier Enhanced Reader. (n.d.). https://doi.org/10.1016/j.sbspro.2014.11.152
Carroll, A. B. (2008). A History of Corporate Social Responsibility: Concepts and Practices. The Oxford Handbook of Corporate Social Responsibility, 19–46.
Carroll, A. B. (2015). Corporate social responsibility: The centerpiece of competing and complementary frameworks. Organizational Dynamics, 44(2), 87–96.
Carroll, A. B. (2016). Carroll’s pyramid of CSR: Taking another look. International Journal of Corporate Social Responsibility, 1(1).
Castello, I., & Lozano, J. (2009). From Risk Management to Citizenship Corporate Social Responsibility: Analysis of Strategic Drivers of Change. Corporate Governance: The International Journal of Business in Society, 9(4), 373–385.
Causes of Organizational Change. (n.d.). Retrieved May 12, 2019, from https://www.cliffsnotes.com/study-guides/principles-of-management/managing-change/causes-of-organizational-change
Chandler, D., & Werther, W. B. (2014). Strategic corporate social responsibility : Stakeholders, Globalization, and Sustainable Value Creation (3rd ed.). SAGE Publications.
Conflicto en el Bajo Aguán Dejó 128 Muertos [Newspaper]. (2014, August 13). Retrieved May 1, 2019, from Diario La Prensa website: https://www.laprensa.hn/honduras/tegucigalpa/568437-98/conflicto-en-el-bajo-aguan-dejo-128-muertos-entre-2008-y-2013
Creswell, J. W. (2014). Research design: Qualitative, quantitative, and mixed methods approaches (4th ed). Thousand Oaks: SAGE Publications.
deMarrais, K., & Lapan, S. D. (Eds.). (2003). Foundations for Research: Methods of Inquiry in Education and the Social Sciences (1st ed.).
Edman, A. (2015). Solved: The Social Responsibility Of Business. Retrieved from https://www.youtube.com/watch?v=Z5KZhm19EO0
Eisenhardt, K. M. (1989). Building Theories from Case Study Research. The Academy of Management Review, 14(4), 532–550.
Fordham, A. E., & Robinson, G. M. (2018). Mapping meanings of corporate social responsibility – an Australian case study. International Journal of Corporate Social Responsibility, 3(1).
Goby, V. P., & Nickerson, C. (2016). Conceptualization of CSR Among Muslim Consumers in Dubai: Evolving from Philanthropy to Ethical and Economic Orientations. Journal of Business Ethics, 136(1), 167–179.
Herbas Torrico, B., Frank, B., & Arandia Tavera, C. (2018). Corporate social responsibility in Bolivia: Meanings and consequences. International Journal of Corporate Social Responsibility, 3(1), 7.
How global is international CSR research? Insights and recommendations from a systematic review | Elsevier Enhanced Reader. (n.d.). https://doi.org/10.1016/j.jwb.2017.05.003
Jamali, D., & Carroll, A. (2017). Capturing advances in CSR: Developed versus developing country perspectives. Business Ethics: A European Review, 26(4), 321–325.
Jamali, D., & Karam, C. (2018). Corporate Social Responsibility in Developing Countries as an Emerging Field of Study: CSR in Developing Countries. International Journal of Management Reviews, 20(1), 32–61.
Khan, S., & VanWynsberghe, R. (2008). Cultivating the Under-Mined: Cross-Case Analysis as Knowledge Mobilization. Forum Qualitative Sozialforschung / Forum: Qualitative Social Research, 9(1).
Latapí Agudelo, M. A., Jóhannsdóttir, L., & Davídsdóttir, B. (2019). A literature review of the history and evolution of corporate social responsibility. International Journal of Corporate Social Responsibility, 4(1).
Ley de Impuesto sobre la Renta. (2004, December 1). Retrieved from https://tsc.gob.hn/web/leyes/LEY%20IMPUESTO%20SOBRE%20RENTA%2012-04-%202004%20_2_.pdf
Metodología y herramientas - FUNDAHRSE, Fundación Hondureña de Responsabilidad Social Empresarial. (n.d.). Retrieved May 4, 2019, from http://fundahrse.org/servicios/metodologia-y-herramientas/
Millicom. (2018, November). Retrieved May 5, 2019, from Socio-Economic Impact website: https://www.millicom.com/media-center/socio-economic-impact-report/
Nguyen, M., Bensemann, J., & Kelly, S. (2018). Corporate social responsibility (CSR) in Vietnam: A conceptual framework. International Journal of Corporate Social Responsibility, 3(1).
Schwartz, M. S., & Carroll, A. B. (2003). Corporate Social Responsibility: A Three-Domain Approach. Business Ethics Quarterly, 13(04), 503–530.
Stewart, S. (2018, December 18). Reflections on the 20th Anniversary of Hurricane Mitch. Retrieved May 11, 2019, from Inter-American Foundation website: https://www.iaf.gov/content/story/reflections-on-the-20th-anniversary-of-hurricane-mitch/
World Economic Outlook, April 2019: Growth Slowdown, Precarious Recovery. (2019, April). Retrieved April 18, 2019, from IMF website: https://www.imf.org/en/Publications/WEO/Issues/2019/03/28/world-economic-outlook-april-2019
Yin, R. K. (2003). Case Study Research: Design and Methods (Third, Vol. 5). SAGE Publications.