An Anatomy of Social Practices: Unveiling Necessary Conditions

The aim of this study was to identify and understand the necessary conditions for companies to implement social practices. Social practices positively affect society and the companies that implement them. Understanding the factors that lead to social practices is crucial to promote these practices and thus bring about their positive effects. Necessary condition analysis (NCA) was conducted following a survey of 141 companies in the Spanish footwear cluster. The conditions of supplier relationship , customer relationship , and culture were found to be necessary for the implementation of social practices . This finding reveals the importance of conveying to employees the relevance of social practices and their key role in customer engagement. For the highest levels of social practices , investment was present, indicating that only companies with a deep commitment to social practices can fulfill their potential to attract investors. Similarly, government barriers and internal barriers were only observed to be acknowledged by companies with outstanding social practices. These findings provide useful insights for companies and policymakers.

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Publication Details

Journal
SAGE Open
Published
2025-01-01
DOI
https://doi.org/10.1177/21582440251367503
Primary Topic
FinTech, Crowdfunding, Digital Finance
Type
article
Field-Weighted Citation Impact
0.00
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article

An Anatomy of Social Practices: Unveiling Necessary Conditions

José Antonio Belso Martínez, Norat Roig‐Tierno, Nuria Chaparro‐Banegas, M. Arnal‐Pastor
SAGE Open
FinTech, Crowdfunding, Digital Finance
article

An Anatomy of Social Practices: Unveiling Necessary Conditions

José Antonio Belso Martínez, Norat Roig‐Tierno, Nuria Chaparro‐Banegas, M. Arnal‐Pastor
article en

Abstract

The aim of this study was to identify and understand the necessary conditions for companies to implement social practices. Social practices positively affect society and the companies that implement them. Understanding the factors that lead to social practices is crucial to promote these practices and thus bring about their positive effects. Necessary condition analysis (NCA) was conducted following a survey of 141 companies in the Spanish footwear cluster. The conditions of supplier relationship , customer relationship , and culture were found to be necessary for the implementation of social practices . This finding reveals the importance of conveying to employees the relevance of social practices and their key role in customer engagement. For the highest levels of social practices , investment was present, indicating that only companies with a deep commitment to social practices can fulfill their potential to attract investors. Similarly, government barriers and internal barriers were only observed to be acknowledged by companies with outstanding social practices. These findings provide useful insights for companies and policymakers.

SAGE OpenVol. 15(3)
Universitat de Miguel Hernández d'Elx (ES), ESIC University, ESIC Business & Marketing School, Universitat Politècnica de València (ES), EAE Business School (ES)
Openalex Percentile: Top 62%
FinTech, Crowdfunding, Digital Finance
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An Anatomy of Social Practices: Unveiling Necessary Conditions — José Antonio Belso Martínez, Norat Roig‐Tierno, et al. · SAGE Open (2025) | TGRS Research Map | TGRS