WorldWideScience

Sample records for sustainability corporate social

  1. Corporate Social Responsibility for Sustainability

    Directory of Open Access Journals (Sweden)

    Wojciech Przychodzeń

    2014-06-01

    Full Text Available Purpose: The purpose of this paper is to is to provide insights on implementing corporate social responsibility for sustainability (CSRS concept and show how it differs from basic corporate social responsibility (CSR. Methodology: The paper discusses major issues with references to existing literature and real business cases from S&P500 consumer discretionary sector. Findings: The main fi nding of this paper is that CSRS could provide the company with a competitive advantage as a growing number of consumers become more sustainable conscious. It could also help to overcome the increasing consumers’ skepticism towards corporate social responsibility practices. Finally, it can also be seen as a step forward in defi ning what types of corporate activities are associated with desirable social and environmental gains. Research limitations: Our sample was restricted to the U.S. fi rms from the consumer discretionary sector. Therefore, conclusions should not be generalized to other markets. Our study is based on the analysis of environmental and social responsibility statements and assumes that they accurately represent corporate commitment in majority of the cases. Practical implications: CSRS offers corporations the opportunity to use their unique skills, culture, values, resources, and management capabilities to lead social progress by making sustainability part of its internal corporate logic. Originality: The paper raises the importance of the different conditions necessary for making sustainable development concept an important part of corporate strategy.

  2. Corporate Social Responsibility and Sustainability in Scandinavia

    DEFF Research Database (Denmark)

    Strand, Robert; Freeman, R. Edward; Hockerts, Kai

    2015-01-01

    Scandinavia is routinely cited as a global leader in corporate social responsibility (CSR) and sustainability. In this article, we explore the foundation for this claim while also exploring potential contributing factors. We consider the deep-seated traditions of stakeholder engagement across...... this may entail. In sum, we depict the state of the art in CSR and sustainability in Scandinavia. We intend for this to serve as a basis to help establish a globally recognized research paradigm dedicated to considering CSR and sustainability in a Scandinavian context....

  3. Corporate Social Responsibility And Sustainability In Romanian Commercial Banks

    OpenAIRE

    Vasile Cocris; Andra Lavinia Nichitean

    2010-01-01

    The research paper aims to underline the importance of civic behavior in business and bank’s role in the implementation of sound principles of corporate social responsibility. The authors analyzed terms such as corporate social responsibility, sustainable development, fi-nancial stability and the relationship between them, in order to explain their impact on the proper function of world economy. The authors provided a synthesis of corporate social responsibility principles and codes of con-du...

  4. Measuring Corporate Sustainability and Environmental, Social, and Corporate Governance Value Added

    Directory of Open Access Journals (Sweden)

    Alena Kocmanová

    2016-09-01

    Full Text Available The aim of the paper is to propose a model for measuring sustainable value which would complexly assess environmental, social, and corporate governance contribution to value creation. In the paper the concept of the Sustainable Environmental, Social and Corporate Governance Value Added is presented. The Sustainable Environmental, Social and Corporate Governance Value Added is based on the Sustainable Value Added model and combines weighted environmental, social, and corporate governance indicators with their benchmarks determined by Data Envelopment Analysis. Benchmark values of indicators were set for each company separately and determine the optimal combination of environmental, social, and corporate governance inputs to economic outcomes. The Sustainable Environmental, Social and Corporate Governance Value Added methodology is applied on real-life corporate data and presented through a case study. The value added of most of the selected companies was negative, even though economic indicators of all of them are positive. The Sustainable Environmental, Social and Corporate Governance Value Added is intended to help owners, investors, and other stakeholders in their decision-making and sustainability assessment. The use of environmental, social, and corporate governance factors helps identify the company’s strengths and weaknesses, and provides a more sophisticated insight into it than the one-dimensional methods based on economic performance alone.

  5. Towards Corporate Sustainability: The Link Between Business Ethics, Corporate Governance and Corporate Social Responsibility

    OpenAIRE

    Yazıcı, Selim

    2011-01-01

    Abstract: The root of this study is mostly grounded to an old dilemma between the corporations and the society. The important issue is that, solving this problem requires that, managers should understand the critical factors such as business ethics, corporate governance, and corporate social responsibility and creates solutions by using the outcomes. The aim of this paper is to reframe the discussion and find a link between business ethics, corporate governance and corporate social responsibi...

  6. Value Creation in the Context of Sustainable Corporate Social Responsibility

    Directory of Open Access Journals (Sweden)

    Šmida Ľubomír

    2014-12-01

    Full Text Available Under the influence of the new rules of the economy and the society, companies are achieving a notional line of a necessary change in the approach to creating new value, wealth. Implementation of changes in the system of wealth creation requires a review of existing assumptions of unlimited growth of the global economy and wealth creation in the environment accepting economic interests, society and the environment as a holistic unit. The main purpose of this paper is the clarification of a new requirements for business, presentation of the questionnaire survey Sustainable Corporate Social Responsibility and inform on value creation in the context of Sustainable Corporate Social Responsibility.

  7. Value Creation in the Context of Sustainable Corporate Social Responsibility

    Science.gov (United States)

    Šmida, Ľubomír; Sakál, Peter

    2014-12-01

    Under the influence of the new rules of the economy and the society, companies are achieving a notional line of a necessary change in the approach to creating new value, wealth. Implementation of changes in the system of wealth creation requires a review of existing assumptions of unlimited growth of the global economy and wealth creation in the environment accepting economic interests, society and the environment as a holistic unit. The main purpose of this paper is the clarification of a new requirements for business, presentation of the questionnaire survey Sustainable Corporate Social Responsibility and inform on value creation in the context of Sustainable Corporate Social Responsibility.

  8. Sustainable Development and Corporate Social Responsibility: Linking Goals to Standards

    Directory of Open Access Journals (Sweden)

    Radostina Bakardjieva

    2016-12-01

    Full Text Available Corporate social responsibility (CSR is the core of sustainable development of companies. On one hand, the corporate social responsibility of companies is a prerequisite for sustainable business, on the other - sustainable development sets specific requirements for the development of businesses in the context of increasing requirements to the degree of quality and reliability of financial information. In recent years, sustainable development has become a strategic issue for companies and this trend applies to Bulgarian companies too. Development of non-financial reporting is a very dynamic process, whose peak is the establishment of an integrated system of accountability. Current paper makes analyses of advantages of CSR linking it to the implementation of sustainable development goals through the integrated reporting following the requirements of the standards of the Global Reporting Initiative (GRI.

  9. Corporate Social Responsibility and Sustainability in Danish Public Procurement

    DEFF Research Database (Denmark)

    Andrecka, Marta

    2017-01-01

    . Secondly, as Denmark has been known as a pioneer in sustainable development, including implementation of it in public purchasing this article focuses on recent developments in the areas of CSR and sustainable public procurement in Denmark, and analyses relevant Danish Public Procurement Complaints Board......The new EU Procurement Directives reinforced the importance of sustainable development by facilitating the strategic use of public procurement to achieve broader societal goals and as such offer significant new opportunities for sustainable public procurement. The task of today is to better...... understand the continuously developing concepts of SPP, as well as to identify the drivers and barriers that promote or hinder its further implementation. This article firstly deals with the relationship between the concepts of sustainability, Corporate Social Responsibility (CSR) and public procurement...

  10. Corporate social responsibility as a factor of sustainable development

    OpenAIRE

    N. Suprun

    2009-01-01

    The author investigates the bases of corporate social responsibility as a factor of balanced socio-economic development and increase in competitiveness of the business and social sectors. The article provides analysis of the tendencies of the formation of corporate social responsibility in the world business practice and defines priorities of the development of corporate social responsibility in Ukraine.

  11. Social responsibility and corporate sustainability factors in Mexico

    National Research Council Canada - National Science Library

    Fernando Lámbarry

    2016-01-01

    .... However, corporate responsibility and sustainability are increasingly common among businessmen, so that literature has emerged on various approaches to this type of case identifying the factors...

  12. Sustainable Eco Coastal Development Through Corporate Social Responsibility (CSR) Program

    Science.gov (United States)

    Rakhmanissazly, Arsi; Mursito Ardy, Yong; Abdullah

    2017-02-01

    Besides technical problems the company’s operational constraints that may effect high deficiency for the company is the company - community conflicts. Company - community conflict can also arise depends on the geographic conditions and characteristics of the community itself. Some studies has show that coastal community have higher level of social risk when compared to non-coastal community. Also, the coastal community ussually only rely on what sea provides as their main livelihood. Because of the level of education still contemtible the community couldn’t optimized the potential of their own area. Corporate Social Responsibility (CSR) har emerged as an important approach for addressing the social and environmental impact of company activities. Through CSR program, PT Pertamina EP Asset 3 Tambun Field (PEP) try to form value integration by utilizing resources from the community and the company by making sustainable eco - coastal living in Desa Tambaksari, Karawang, one of PEP working area. Using sustainable livelihood approach begin with compiling data by doing social mapping PEP has initiate the area to becoming Fish Processing Industry Centre. By implementing PDCA in every steps of the program, PEP has multiplied some other programs such as Organic Fish Feed Processing, Seaweed Farming and Waste Bank for Green Coastal Village. These program is PEP’s effort to create a sustainability environment by enhancing the community’s potentials as well as resolving social problems around Tambaksari. The most important result besides getting our license to operate from the community, is the community itself can grow into an eco coastal sustainable system.

  13. Maintaining the Harmonious Family:- Social sustainability or business optimization in a Korean corporation

    OpenAIRE

    Jonasson, Charlotte; Lauring, Jakob

    2006-01-01

    Harmony and social sustainability has been described as almost inborn aspects of Korean corporations dating far back in history. After the East Asian economic crisis in 1997, however, most Korean organizations faced new demands for productivity and competitiveness. Sustaining the fragile balance between social harmony and individual competitions has, in some Korean corporations, led to social negotiation and struggles to define the aim and character of the collective effort. By describing the...

  14. CORPORATE GOVERNANCE, SOCIAL RESPONSIBILITY AND SUSTAINABILITY A SURVEY OF WATER USE IN INDUSTRY

    National Research Council Canada - National Science Library

    DOINA PRODAN PALADE; LEON DUMITRU DANIEL

    2015-01-01

    ...’ corporate governance and social responsibility. The work aims to highlight some of the main issues regarding the sustainable use of water, as a finite and vulnerable resource, essential element for life and environment...

  15. Governance through learning: making corporate social responsibility in dutch industry effective from a sustainable development perspective

    NARCIS (Netherlands)

    Cramer, J.M.; Loeber, A.

    2004-01-01

    An increasing number of firms try to implement corporate social responsibility (CSR) from the perspective of sustainable development. This article considers these efforts in the light of the changing relation between the state, society and the corporate sector, as a result of which governance

  16. Incorporating Corporate Social Responsibility and Sustainability into a Business Course: A Shared Experience

    Science.gov (United States)

    Persons, Obeua

    2012-01-01

    The author discusses how corporate social responsibility (CSR) and sustainability were incorporated into a business course by using 4 assignments, a project with a CSR question, 7 ethics cases, and 17 ethics scenarios tied to a corporate code of ethics. The author also discusses student evaluation of CSR learning experience, strengths and…

  17. SUSTAINABLE CORPORATE AND SUSTAINABLE DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    DORU CÎRNU

    2017-06-01

    Full Text Available In recent decades, the image of the international business environment has changed significantly. Studies conducted by UNCTAD shows that corporate phenomenon developments in the world economy is growing. Without claiming to present an exhaustive topic so vast we tried to capture some "facets" of sustainable development from the perspective of multinational corporations, given the expansion of these economic entities and strengthening their power in the global economy. We present more negative aspects of the actions of multinational corporations in terms of sustainable development, it is very important to know both sides of the coin, which will not only help transnational giants including release. Based on issues such as corporate social responsibility, environmental pollution and workers' rights, we sought to counter official statements. The conclusion is that these economic entities are real forces that can not be ignored in today's world and the obvious problem of sustainable development can not be addressed independently of the phenomenon, context we also identified some possible solutions to conflict of corporations and essence of the concept of sustainable development.

  18. Influential Factors and Strategy of Sustainable Product Development under Corporate Social Responsibility in Taiwan

    Directory of Open Access Journals (Sweden)

    Jui-Che Tu

    2013-01-01

    Full Text Available This study aimed to adopt the perspective of corporate social responsibility (CSR to explore the intention of sustainable product development in Taiwan, as well as leading to the creation of influential factors that affect corporate sustainable product development intention. In this research, the induction analysis was conducted to understand the implementation of sustainable product development, and this was supplemented with questionnaire surveys and in-depth interviews to evaluate developmental intention. In addition, principal component analysis was used for factor analysis and content analysis in the 6 W expression method, leading to the creation of the influential factors. The research results have demonstrated that the factors affecting the intention of corporate sustainable product development include having a sustainable design and a development purpose, a corporate development purpose, sustainable development concepts, a sustainable design value, a sustainability concept, and a manufacturing process quality. For sustainable product development, corporate social responsibility needs to be most concerned with the added value of products, regulation requirements, and accommodation of the industrial chain, costs, and quality.

  19. SUSTAINABILITY AND COMPANY’S CORPORATE SOCIAL RESPONSIBILITY NEED

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    MONICA VIOLETA ACHIM

    2012-05-01

    Full Text Available The company is a living organism, is an entity and its analysis should be made taking into account the whole system. The company is a dynamic environment, which has as a mainly aims to add value for all participants in the economic life. In the organizations, the achievement of the concept of sustainable development is achieved through the concept of societal responsibility of the organizations. For this scope we need to use the term introduced by Elkington namely “The Triple Bottom Line” which involve economic prosperity, environmental compliance and improve social cohesion. [11]. So, “The Triple Bottom Line” can be defined as an approach for measuring the overall performance of an organization according to its triple contribution to the three aspects mentioned above. The new conceptual framework change radically the final aim of a company because it is not anymore maximizing the value of shares held by shareholders, but it is maximizing value for all stakeholders, where shareholders are just another category of stakeholders. Sustainable development and globalization require new performance standards that exceed the economic field, for both national company and international ones. As a consequence, these standards must be integrated into the company's development strategy, to ensure sustainability of activities carried, by the harmonization of economic, social and environmental objectives.

  20. Sustainability as an object of corporate social responsibility

    Directory of Open Access Journals (Sweden)

    Jesús Marí Farinós

    2017-06-01

    Full Text Available We can observe that in the last few years companies and organizations of any nature have begun to show an increasing interest in establishing sustainable relationships with the environment by bridging those groups that are impacted or that impact on their activities, . In this context, the social responsibility report emerges as a management tool that allows companies to be accountable to society and its groups and measure, their environmental, financial and social actions. The Triple Bottom Line, triple accountability or triple counting of results, should be understood as the methodology to measure and report the performance of organizations contrasted with environmental, economic and social parameters. In addition, it allows companies to surpass accountability solely for their economic value as it used to be in the past, and also to consider the social and environmental value they add or destroy. Concern about these social and environmental issues generates a demand for information, which, in turn, leads to the need to have a document that collects the information demanded by society and that should be offered by the Companies, what is known as Social Responsibility. It is the American companies that originally, already in the late sixties and early seventies, found themselves in need of having to offer information regarding their social responsibility. This information was collected in what, we might conclude, is the first social balances, which were addressed mainly to groups outside the company itself, especially to consumers, since in the United States it was this collective that showed a greater concern about the issue.

  1. Industry specific sustainability benchmarks: an ECSF pilot bridging corporate sustainability with social responsible investments

    NARCIS (Netherlands)

    van der Woerd, K.F.; van den Brink, T.W.M.

    2004-01-01

    This paper investigates the state of the art with respect to sustainability reporting, its linkages with the corporations, internal measurement and monitoring systems and their combined impact on the quality of contemporary sustainability benchmarks, developed by SRI analysts and so-called rating

  2. Sustainable Development and Corporate Social Responsibility in Sub-Saharan Africa: Evidence from Industries in Cameroon

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    Oyewole Simon Oginni

    2016-05-01

    Full Text Available Present technological innovations and social organizations continue to impose risks and limitations on the efficient performance of the biosphere. Human activities have increasingly short-lived sustainable natural endowments, to the extent that, the multiplier effects have ripples beyond the traditional benefits of economic production and consumption. Therefore, this study addressed practical concerns on how industries in Sub-Saharan Africa promote sustainable development in their corporate social responsibility models, using industries in Cameroon as a case study; it examined economic, social, and environmental components of sustainable development and corporate social responsibility (CSR. Our sample consists of 335 business enterprises from the last Censure Survey of Enterprises in Cameroon. The study adopted a systematic analysis through the Adjusted Residual Test, and the Phi and Cramer’s V tests. Findings revealed that industries in Cameroon prioritize environmental and social dimensions over economic dimensions. However, a few large enterprises implement a broad CSR that promotes sustainable business practices, whereas smaller ones do not; industries in Cameroon implement environmental dimensions of CSR as a safe buffer and a social dimension as philanthropy. Hence, there is no concrete evidence that industries promote sustainable development via CSR in Cameroon. The implementation of a sustainable business model is a precondition for promoting sustainable development via CSR. Industries should realize the concrete value in implementing a sustainable business model that helps to adjust to the complex and increasingly changing business environment.

  3. Corporate social responsibility: a real options approach to the challenge of financial sustainability.

    Directory of Open Access Journals (Sweden)

    Maria-Teresa Bosch-Badia

    Full Text Available In contemporary complex societies, social values like ethics, corporate social responsibility, and being respectful with the environment, among others, are becoming social requirements. Corporations are expected to fulfill them and, according to empirical evidence, an overwhelming majority aspires to good social valuation. At the same time, the maximization of market share value in the long run continues to be the central corporate goal. Making environmental and social expenses compatible with value creation is a central challenge for corporations since it implies the financial sustainability of Corporate Social Responsibility (CSR.The value creation capacity of CSR projects, mainly through innovation, is widely acknowledged in economic literature and corporate practice. This fact arouses the need of having a quantitative framework capable of summarizing the value creation capacity of the variables involved in CSR projects. With this aim we build up a sensitivity analysis of real option ratios that studies and quantifies the value creation capacity of CSR projects connected with innovation. Ratio analysis has the advantage of being scale independent. Hence, it furnishes a homogeneous framework to express the interaction of value creation variables and, thus, supports strategic thinking quantitatively. Often, CSR expenses can be regarded as preliminary projects that create the opportunity to undertake a full future project. For them, we obtain the minimum expectations scenario that makes financially sustainable a preliminary project that can be interpreted as a call option. We propose a classification of CSR projects from the decision analysis perspective following a two-fold approach: Their relationship with value creation and their links with existing corporate activities. This classification of CSR projects aims at contributing to choose the best capital budgeting method to study the financial sustainability of the project and identifying

  4. Corporate social responsibility: a real options approach to the challenge of financial sustainability.

    Science.gov (United States)

    Bosch-Badia, Maria-Teresa; Montllor-Serrats, Joan; Tarrazon-Rodon, Maria-Antonia

    2015-01-01

    In contemporary complex societies, social values like ethics, corporate social responsibility, and being respectful with the environment, among others, are becoming social requirements. Corporations are expected to fulfill them and, according to empirical evidence, an overwhelming majority aspires to good social valuation. At the same time, the maximization of market share value in the long run continues to be the central corporate goal. Making environmental and social expenses compatible with value creation is a central challenge for corporations since it implies the financial sustainability of Corporate Social Responsibility (CSR). The value creation capacity of CSR projects, mainly through innovation, is widely acknowledged in economic literature and corporate practice. This fact arouses the need of having a quantitative framework capable of summarizing the value creation capacity of the variables involved in CSR projects. With this aim we build up a sensitivity analysis of real option ratios that studies and quantifies the value creation capacity of CSR projects connected with innovation. Ratio analysis has the advantage of being scale independent. Hence, it furnishes a homogeneous framework to express the interaction of value creation variables and, thus, supports strategic thinking quantitatively. Often, CSR expenses can be regarded as preliminary projects that create the opportunity to undertake a full future project. For them, we obtain the minimum expectations scenario that makes financially sustainable a preliminary project that can be interpreted as a call option. We propose a classification of CSR projects from the decision analysis perspective following a two-fold approach: Their relationship with value creation and their links with existing corporate activities. This classification of CSR projects aims at contributing to choose the best capital budgeting method to study the financial sustainability of the project and identifying those CSR projects

  5. Corporate social responsibility in China: an analysis of domestic and foreign retailers' sustainability dimensions

    NARCIS (Netherlands)

    Kolk, A.; Hong, P.; van Dolen, W.

    2010-01-01

    In the past decade, a sizeable body of literature has built up on the concept and characteristics of corporate social responsibility (CSR) in Western countries, where it has also been referred to as sustainability. More recently, attention has grown for CSR in emerging countries. Remarkably, China

  6. Leader Fairness, Social Contract and Corporate Sustainability Performance

    NARCIS (Netherlands)

    Hadders, Henk; Miedema, Joost; Politis, J

    2009-01-01

    The world badly needs organizations who harness private interest to serve the public interest and who accrue fair returns to shareholders, but not at the expense of the legitimate interest of other stakeholders. We need new principles for future corporate design and new strategic leadership for

  7. Corporate Social Responsibility as a tool to ensure sustainability and competitiveness of the monotowns

    Directory of Open Access Journals (Sweden)

    Sechina Asya

    2016-01-01

    Full Text Available Learning the basics and trends of the development of corporate social responsibility is connected with the need to identify the reasons for its humanization and globalization in today’s business environment. Sustainability and competitiveness is one of the important characteristics of the company today. The characteristic of the Russian practice of corporate social responsibility highlights its features, levels and forms of development. Monotowns are a highly vulnerable category of Russian communities; they are in constant risk due to their specific characteristics and largely the underdeveloped economic base. The problems of monoprofile towns usually do not have simple solutions. They require a comprehensive approach and taking account of the existence and development of each monotown. The article deals with the concept of a monoprofile town, stages of formation and evolution of this phenomenon in the Russian economy. There is the problem of application of corporate social responsibility in the practice of Russian monotowns. There is the characteristic advantage of social responsibility in the monotowns. There is the influence of the organizations activities operating in a monotown on the quality of life of the population. There is the necessity of the use of corporate social responsibility in monotowns to enhance their sustainability and improve competitiveness.

  8. International business, corporate social responsibility and sustainable development

    NARCIS (Netherlands)

    Kolk, A.; van Tulder, R.

    2010-01-01

    While attention to the social and environmental impacts of international business (IB) is not new, the past years have seen renewed interest due to pressing global problems such as climate change and poverty. Multinational enterprises (MNEs) are regarded as playing a specific role given their global

  9. Impact of corporate social responsibility on sustainable enterprise development

    Directory of Open Access Journals (Sweden)

    Danubianu Mirela

    2017-06-01

    Top management endorsement and nomination of a complex CSR teamDeveloping formal company CSR policy documentsSelecting and engaging the company’s stakeholders as early as possible.Building a Project Advisory Board – useful in every modern managerial tool application should guide the progress toward CSR.An external facilitator would help solve internal conflicts.An audit of what CSR represents for the Company, what are the CSR options, e.g., promoting a “green company” profile, what would be the best impact of philanthropy and community volunteering, etc.Generate a CSR portfolio of actions, setting deadlines, responsibilities and allocating resources, establishing communication, reporting, monitoring and corrective proceduresupgrading the sustainable enterprise strategy.

  10. Individual competencies for managers engaged in corporate sustainable management practices

    NARCIS (Netherlands)

    Wesselink, R.; Blok, V.; Leur, van S.; Lans, T.; Dentoni, D.

    2015-01-01

    Corporations increasingly acknowledge the importance of sustainable practices. Corporate social responsibility is therefore gaining significance in the business world. Since solving corporate social responsibility issues is not a routine job, every challenge in corporate social responsibility

  11. CORPORATE SOCIAL RESPONSIBILITY AS AN INSTRUMENT OF SUSTAINABLE DEVELOPMENT OF PRODUCTION ENTERPRISES

    Directory of Open Access Journals (Sweden)

    Ewelina GAWEŁ

    2015-07-01

    Full Text Available The paper deals with the issue of corporate social responsibility as an instrument of operationalising the paradigm of sustainable development on the microeconomic level in the sector of production enterprises. It presents a genesis and importance of CSR and indicates the most relevant essential instruments of CSR implementation on an enterprise level. The paper also analyses endogenous and exogenous benefits from implementing CSR into the business practice.

  12. Corporate Sustainability Management and Environmental Ethics

    DEFF Research Database (Denmark)

    Schuler, Douglas; Rasche, Andreas; Etzion, Dror

    2017-01-01

    ecology). It then shows that the current scholarly discourse around corporate sustainability management—as reflected in environment management (EM), corporate social responsibility (CSR), and corporate political activity (CPA)—mostly favors an instrumental perspective on sustainability. Sustainable...... business practices are viewed as anthropocentric and are conceptualized as a means to achieve competitive advantage. Based on these observations, we speculate about what corporate sustainability management might look like if it applied ethical orientations that emphasize the intrinsic value of nature...

  13. Strategic corporate sustainability

    DEFF Research Database (Denmark)

    Grewatsch, Sylvia; Rohrbeck, René; Madsen, Henning

    This paper aims to advance the understanding of the circumstances under which corporate sustainability (CS) pays off. On the basis of a review of 129 major papers from both the sustainability and general management literature, we discuss the development of the research field. In addition we discuss...... antecedents and outcomes. To overcome this limitation we propose an integrated typology which may facilitate more research on the link between corporate sustainability performance (CSP) and corporate financial performance (CFP). Our expectation is that the strategy type might play a moderating or mediating...

  14. Sustainable Ergonomic Program - Basic Condition for Implementation of Corporate Social Responsibility

    Science.gov (United States)

    Marková, Petra; Beňo, Rastislav; Hatiar, Karol

    2012-12-01

    Gradually increasing pressure on companies to start to behave socially responsible is a response to social, environmental and economic requirements. The society faces a period of changes that have occurred since the beginning of the crisis and revealing weaknesses in the economy. We become witnesses of rapid changes and challenges posed by globalization, lack of resources, demographic structure and innovation. Objective necessity becomes a corporate social responsibility (CSR) already at the companies’ level, which is supported by the approach of the EU institutions and the Slovak Republic. One of the possible appliance through which we can contribute to the sustainability of CSR are sustainable ergonomic programs. When we want to talk about sustainable ergonomic program is important to focus on three key areas. The first area is the Impact of technic and technology to employees at work, the second area is the Importance and impact of socially responsible HR in ergonomics and last area is the Creation of the work environment in relation to environmental sustainability. Ergonomic programs sustainability requires to apply appropriate methods for evaluation of their cost benefit and health effect.

  15. A holistic approach to corporate social responsibility as a prerequisite for sustainable development: Empirical evidence

    Directory of Open Access Journals (Sweden)

    Zlatanović Dejana

    2015-01-01

    Full Text Available The growing importance of sustainable development and corporate social responsibility (CSR for contemporary organizations demands appropriate holistic tools. The paper highlights how Soft Systems Methodology (SSM, a relevant holistic, i.e., soft systems approach, supports the conceptualization and management of the complex issues of CSR and sustainable development. The SSM’s key methodological tools are used: rich picture, root definitions, and conceptual models. Empirical research compares a selected sample of enterprises in the automotive industry in the Republic of Serbia, to identify possible systemically desirable and culturally feasible changes to improve their CSR behaviour through promoting their sustainable development. Some limitations of this research and of SSM application are discussed. Combining SSM with some other systems approaches, such as System Dynamics or Critical Systems Heuristics, is recommended for future research.

  16. Linking public sector corporate social responsibility with sustainable development: lessons from India

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    Subhasis Ray

    2013-12-01

    Full Text Available Economic think tanks predict India to be the world’s largest economy by 2050. This would require India to accelerate its industrial and infrastructure development. Industrialization based economic development will have a negative impact on the environment and hence sustainable development. Such steps could affect the social and environmental bottom line of the national economy. In recent years, a number of regulatory measures have been proposed by the Indian government to ensure corporate support to the goals of sustainable and inclusive development. The objective of these regulations is to achieve triple bottom line based growth. Notable among them is the mandatory Corporate Social Responsibility (CSR guidelines for public sector undertakings, first issued in April, 2010. I study the possibility and problems created by this effort by analyzing the policy documents and interviewing managers responsible for implementing CSR programmers in Indian public sector. Managers interviewed came from hydropower, coal, power distribution and shipping industries. Based on the study, four areas are identified that requires attention for effective linking between sustainable development and CSR; stakeholder engagement, institutional mechanisms, capacity building and knowledge management. Both government-public sector and public sector-community engagements have to be more streamlined. Institutional mechanisms have to be developed to see that CSR projects are effective and delivering. Importantly, managers at all levels need a better understanding of CSR and sustainable development. Since most projects are in rural areas, understanding of rural issues and sustainability is very important. Finally, such a large scale exercise in CSR should have a knowledge management mechanism to learn from the achievements and mistakes of the early years. I discuss the implication of the findings on India and other emerging economies many of which are struggling to balance

  17. Sustainable Cotton Production in India: A Case Study in Strategic Corporate Social Responsibility

    Directory of Open Access Journals (Sweden)

    Helen Takacs, PhD

    2013-07-01

    Full Text Available Cotton is the world’s most widely traded agricultural commodity, but it is also one of the world’s most toxic to grow. In India, the second largest producer of cotton, Zameen Organics Pvt. Ltd. has pioneered a business model of sustainable cotton production that is based on environmental stewardship and concern for the health and equity of farmers engaged in growing cotton. Zameen’s approach to business illustrates the principles of strategic corporate social responsibility, a business approach that leverages a company’s distinctive competencies to address external issues and by which all stakeholders, not just the shareholders, are enriched.

  18. Practices of corporate social responsibility and sustainable systems work in Peruvian companies issuing sustainability reports

    Directory of Open Access Journals (Sweden)

    María Angela Prialé

    2015-12-01

    Full Text Available Through a literature review, this exploratory study seeks to determine whether the practices related to its colaborators, who report as part of its action responsible Peruvian companies issuing sustainability reports can be considered sustainable management practices of human resources. To this end, it was used the approach of sustainable work systems as a general approach. It was found that some of the practices of responsible management of human resources that implement the analyzed companies address the human dimensions of sustainability, although not all dimensions are considered equally or similar depth.

  19. Ethics, Corporate Social Responsibility, and Sustainability Education in AACSB Undergraduate and Graduate Marketing Curricula: A Benchmark Study

    Science.gov (United States)

    Nicholls, Jeananne; Hair, Joseph F., Jr.; Ragland, Charles B.; Schimmel, Kurt E.

    2013-01-01

    AACSB International advocates integration of ethics, corporate social responsibility, and sustainability in all business school disciplines. This study provides an overview of the implementation of these three topics in teaching initiatives and assessment in business schools accredited by AACSB International. Since no comprehensive studies have…

  20. CORPORATE GOVERNANCE RELATION WITH CORPORATE SUSTAINABILITY

    OpenAIRE

    ISSAM MF SALTAJI

    2013-01-01

    Sustainability is targeted in this article to be integrated with corporate governance presenting its importance in business world not as obligation, but as a tool be adopted. Economic challenges push companies to think twice before making decisions. Corporate governance is a success key for companies through improving performance and gain mistrust of investors serving business sustainability. Objectives direction has been changed from concentrating on shareholders’ benefits to maintain sustai...

  1. Proactive sustainability strategy and corporate sustainability performance: The mediating effect of sustainability control systems.

    Science.gov (United States)

    Wijethilake, Chaminda

    2017-07-01

    This study examines to what extent corporations use sustainability control systems (SCS) to translate proactive sustainability strategy into corporate sustainability performance. The study investigates the mediating effect of SCS on the relationship between proactive sustainability strategy and corporate sustainability performance. Survey data were collected from top managers in 175 multinational and local corporations operating in Sri Lanka and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). SCS were observed to only partially mediate the relationship between proactive sustainability strategy and corporate sustainability performance. The mediating effect of SCS is further examined under three sustainability strategies; environmental and social strategies reveal a partial mediation, while the economic strategy exhibits no mediation. The study also finds that (i) a proactive sustainability strategy is positively associated with SCS and corporate sustainability performance and (ii) SCS are positively associated with corporate sustainability performance. Copyright © 2017 Elsevier Ltd. All rights reserved.

  2. Teaching Economics to Business Students through the Lens of Corporate Social Responsibility and Sustainability

    Science.gov (United States)

    Maxfield, Sylvia

    2011-01-01

    Corporate "social-issues management" courses are often taught without in-depth reference to economics, but they afford an opportunity both to review ground-level microeconomics issues including pricing and profit maximization under different market structures and to introduce more advanced topics such as externalities, introductory game theory,…

  3. Strategic Leadership of Corporate Sustainability

    DEFF Research Database (Denmark)

    Strand, Robert

    2014-01-01

    ? What effects do corporate sustainability TMT positions have at their organizations? We consider these questions through strategic leadership and neoinstitutional theoretical frameworks. Through the latter, we also engage with Weberian considerations of bureaucracy. We find that the reasons why...... corporate sustainability TMT positions are installed can be in response to a crisis at the corporation for which its legitimacy is challenged. We also find the corporate sustainability TMT position can be installed proactively in an effort to realize external opportunities that may have otherwise gone...

  4. Corporate social responsibility: The good, the bad and the ugly

    OpenAIRE

    Banerjee, S. B.

    2008-01-01

    In this article I critically analyze contemporary discourses of corporate social responsibility and related discourses of sustainability and corporate citizenship. I argue that despite their emancipatory rhetoric, discourses of corporate citizenship, social responsibility and sustainability are defined by narrow business interests and serve to curtail interests of external stakeholders. I provide an alternate perspective, one that views discourses of corporate citizenship, corporate social re...

  5. Corporate sustainability: a social-ecological research agenda for South African business

    CSIR Research Space (South Africa)

    Haywood, LK

    2010-01-01

    Full Text Available In this paper authors consider the increasingly prominent expectations that business can and will significantly contribute to sustainable development. They use the framework of social-ecological systems, and the principles thereof, as a lens...

  6. Corporate social responsibility for regional sustainability after mine closure: a case study of mining company in Indonesia

    Science.gov (United States)

    Syarif, Andi Erwin; Hatori, Tsuyoshi

    2017-06-01

    Creating a soft-landing path for mine closure is key to the sustainability of the mining region. In this research, we presents a case of mine closure in Soroako, a small mining town in the north-east of South Sulawesi province, in the center of Sulawesi Island in Indonesia. Especially we investigates corporate social responsibility (CSR) programs of a mining company, PT Vale Indonesia Tbk (PTVI), towards a soft-landing of mine closure in this region. The data of the CSR programs are gathered from in-depth interviews, the annual reports and managerial reports. Furthermore we presents an integrated view of CSR to close mining in a sustainable manner. We then evaluate CSR strategies of the company and its performance from this viewpoint. Based on these steps, the way to improve the CSR mine closure scenario for enhancing the regional sustainability is discussed and recommended.

  7. Corporate Sustainability Reporting in the BIST Sustainability Index

    OpenAIRE

    Burcu Demirel; Murat Erdogan

    2016-01-01

    In recent years, there is a growing focus on corporate operations especially since the publication of the first environmental reports in 1989. Companies have started to publish information about its environmental, social and sustainability policies. The study examines the sustainability reporting elements of Borsa Istanbul Sustainability Index (BIST) in Turkey and to evaluate which elements is most vital in this context. This study will begin with the sustainability reporting that will be exa...

  8. Beyond Compliance: Integrating Nonproliferation into Corporate Sustainability

    Energy Technology Data Exchange (ETDEWEB)

    Hund, Gretchen; Kurzrok, Andrew J.

    2013-06-01

    This paper investigates nonproliferation as a potential corporate sustainability value. It reviews the history of corporate sustainability, builds the case for nonproliferation as a sustainability value, and develops recommendations for the integration of nonproliferation into the frameworks of sustainability.

  9. REVEALING THE SUSTAINABLE DEVELOPMENT EQUILIBRIUM THROUGH CATASTROPHE BONDS, SOCIAL CORPORATE ENGAGEMENT AND ECONOMIC PERFORMANCE FOR THE EUROPEAN REINSURANCE INDUSTRY

    Directory of Open Access Journals (Sweden)

    CONSTANTIN LAURA-GABRIELA

    2014-12-01

    Full Text Available Our paper investigates the equilibrium for the three components of corporate sustainable development (SD by focusing on a sample of EU-based reinsurance companies, for the 2010-2013 period, while proposing, to our knowledge, an innovative approach from the perspective of the environmental and social components. In order to represent these two edges, two indexes are developed. The index representing the environmental component mirrors the presence on the catastrophe bonds market of the analysed companies. The second index revolves around the social component and concentrates on those achievements regarding the corporate support for the general community social advance. In methodological terms, the analysis is developed by considering both a static and a dynamic outline. The dynamic analysis is developed within a comparative framework for analysing the SD equilibrium, both at the level of the two indices and at the level of their main components. The static outline considers the cluster analysis in order to capture the SD balanced by grouping the companies in line with their social and environmental accomplishments and comparing the outcomes according to their economic performance. The main results reveal good social development equilibrium at the level of the analysed companies reflected through the association between better environmental and social achievements and higher economic performance

  10. REVEALING THE SUSTAINABLE DEVELOPMENT EQUILIBRIUM THROUGH CATASTROPHE BONDS, SOCIAL CORPORATE ENGAGEMENT AND ECONOMIC PERFORMANCE FOR THE EUROPEAN REINSURANCE INDUSTRY

    Directory of Open Access Journals (Sweden)

    CONSTANTIN LAURA-GABRIELA

    2014-12-01

    Full Text Available Our paper investigates the equilibrium for the three components of corporate sustainable development (SD by focusing on a sample of EU-based reinsurance companies, for the 2010-2013 period, while proposing, to our knowledge, an innovative approach from the perspective of the environmental and social components. In order to represent these two edges, two indexes are developed. The index representing the environmental component mirrors the presence on the catastrophe bonds market of the analysed companies. The second index revolves around the social component and concentrates on those achievements regarding the corporate support for the general community social advance. In methodological terms, the analysis is developed by considering both a static and a dynamic outline. The dynamic analysis is developed within a comparative framework for analysing the SD equilibrium, both at the level of the two indices and at the level of their main components. The static outline considers the cluster analysis in order to capture the SD balanced by grouping the companies in line with their social and environmental accomplishments and comparing the outcomes according to their economic performance. The main results reveal good social development equilibrium at the level of the analysed companies reflected through the association between better environmental and social achievements and higher economic performance.

  11. Customers' values, beliefs on sustainable corporate performance, and buying behavior

    NARCIS (Netherlands)

    Collins, Christy M.; Steg, Linda

    Sustainable corporate performance (SCP) requires balancing a corporation's economic, social, and environmental performance. This research explores values, beliefs about the importance of SCP, and buying behaviors of supermarket customers from within a stakeholder framework. Beliefs about the

  12. European Policy for Corporate Social Responsibility: Governance Context, Linkage with Sustainable development and Crisis as a Policy Factor

    Directory of Open Access Journals (Sweden)

    Taliouris, Evangelos

    2018-01-01

    Full Text Available Political prerequisites for sustainable development (SD in European Union (EU and its member states are environmental innovation as well as transparency, social welfare, good governance and responsible entrepreneurship. The Europe 2020 Strategy and its indicators were a significant step in order EU, its member states and the social stakeholders to deal with crisis negative socioeconomic and environmental outcomes, but also to improve social trust. An important stakeholder towards these is European business sector. Therefore, responsible entrepreneurship via corporate social responsibility (CSR is a policy topic in EU in parallel with other policy topics such as transparency (e.g. non-financial reporting and good governance (e.g. political framework for CSR. The European business community was always a crucial stakeholder for development, but since 2001 CSR is explicitly part of European policy agenda through topics such as public procurement, responsible supply chains, anti-corruption policies, employment generation, reporting and disclosure etc. In EU the applied policy for CSR indicates different approaches and policy tools within the common policy framework and definitions. Moreover, the crisis evolution became an accelerator for CSR policy evolution and convergence between perspectives and member states. The renewed strategy in 2011, the report for CSR public policies in 2014 and the EU steps towards SD Agenda for 2030 in 2015 indicated issues such as corporate citizenship and responsible entrepreneurship as an ongoing policy process that focuses both on EU political convergence at member states level and the European business sector excellence.

  13. Speaking of Corporate Social Responsibility

    NARCIS (Netherlands)

    Liang, H.; Marquis, C.; Renneboog, L.D.R.; Li Sun, Sunny

    2014-01-01

    We argue that the language spoken by corporate decision makers influences their firms’ social responsibility and sustainability practices. Linguists suggest that obligatory future-time-reference (FTR) in a language reduces the psychological importance of the future. Prior research has shown that

  14. The Proposal Concept of Development and Implementation in Strategy of Sustainable Corporate Social Responsibility in the Context of the HCS Model 3E

    Science.gov (United States)

    Sakál, Peter; Hrdinová, Gabriela

    2016-06-01

    This article is the result of a conceptual design methodology for the development of a sustainable strategy of sustainable corporate social responsibility (SCSR) in the context of the HCS model 3E formed, as a co-author within the stated grants and dissertation. On the basis of the use of propositional logic, the SCSR procedure is proposed for incorporation into the corporate strategy of sustainable development and the integrated management system (IMS) of the industrial enterprise. The aim of this article is the proposal of the concept of development and implementation strategy of SCSR in the context of the HCS model 3E.

  15. Holonic Crisis Handling Model for Corporate Sustainability

    Directory of Open Access Journals (Sweden)

    Levente Bakos

    2017-12-01

    Full Text Available The new approaches of risk and crisis management of organizations point to corporate responsibility and corporate sustainability. In the ‘Internet of Everything’ era, when the new media and social networks create the possibility to ruin in a few seconds the reputation of a company built in decades, it is important to afford the maximum attention to risk management and crisis communication. Long-term sustainability requires a transparent, trustful communication in due time. In our study, we propose a crisis management model that leads to sustainable corporate behaviour. We consider organizations as complex systems, and we use the holonic multiagent modelling concept to depict the emergent behaviour of these systems. This theoretical paper has as its main result a crisis communication model, based on the adaptability feature of holons. In our non-linear approach for unpredictable situations we merged some findings of sustainability theory, corporate social responsibility (CSR management, crisis communication, the holonic manufacturing concept and the latest security standards in computer communication.

  16. Corporate Sustainability Reporting in the BIST Sustainability Index

    Directory of Open Access Journals (Sweden)

    Burcu Demirel

    2016-11-01

    Full Text Available In recent years, there is a growing focus on corporate operations especially since the publication of the first environmental reports in 1989. Companies have started to publish information about its environmental, social and sustainability policies. The study examines the sustainability reporting elements of Borsa Istanbul Sustainability Index (BIST in Turkey and to evaluate which elements is most vital in this context. This study will begin with the sustainability reporting that will be examined under the roof of corporation sustainability and end with the examination of sustainability reports of 15 firms, which are included in the BIST Sustainability Index in Turkey, and a content analysis. The reports of companies under study were taken from special web site and GRI (Global Reporting Initiative database of companies. Being the first study in examining the sustainability report of companies in BIST Sustainability Index, it is expected to contribute in literature about sustainability reporting recently started to gain importance in Turkey. Overall our findings suggest that the sustainability index established in Turkey is still in development stage, but the enterprises in the endeavor are working day by day to develop the sustainability qualities.

  17. Corporate social responsibility

    Directory of Open Access Journals (Sweden)

    Arsić Zoran

    2011-01-01

    Full Text Available Corporate Social Responsibility (CSR is a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis. Definition emphasizes three basic characteristics of CSR. CSR is voluntary concept, it covers environmental issues and interaction with stakeholders, not only shareholders, is taken into account.

  18. The Potential of IT for Corporate Sustainability

    Directory of Open Access Journals (Sweden)

    Stefan Hack

    2014-07-01

    Full Text Available Several studies have proven that information technology (IT can improve enterprises’ performance. The effective and efficient management of enterprise resources has for long been the role of enterprise resource planning (ERP systems. Whereas traditional ERP systems focused on the optimization of financial resources and assets, the manifold challenges of a sustainable development necessitate broadening that view. Business applications need to provide informational transparency on all kinds of financial, environmental and social indicators, both within the enterprise and along the value chain; they need to support business processes and enable the measuring, tracking and reporting of sustainability performance, as well as the compliance with legal regulations, all implying substantial potential for improving corporate sustainability. However, the understanding of the potential of IT for corporate sustainability poses an interesting and valuable research topic. Drawing on previous works of Luftman, Melville et al. and Dao et al., we propose a conceptual model for the sustainability value of IT. We will summarize the main aspects of the recent discussion around the capabilities of IT and, then, illustrate with best-practice examples how these capabilities can be utilized for improved sustainability performance in a corporate setting. The paper concentrates on the second order effects of IT, like process improvements or substitution effects, which have also been described as “green through IT”.

  19. Corporate Social Responsibility

    DEFF Research Database (Denmark)

    Kampf, Constance

    2007-01-01

    Understanding Corporate Social Responsibility (CSR) as having explicit policies and implicit norms situated in cultural systems highlights the connections between institutional and cultural structures of nation states and business' commitment to CSR as reflected in the strategies used...... to communicate CSR to public audiences via the Internet.  To frame CSR from a situated perspective (Matten & Moon 2005) implies a shift in understanding relations between corporations and their stakeholders from a corporate-centered model to a cultural systems perspective.  This paper describes an approach...... to cultural systems in which can be used to frame our understanding of implicit norms with respect to CSR, and demonstrates how these norms result in different practices of communicating CSR in the WalMart and Maersk corporate websites....

  20. Corporate Social Behaviour

    DEFF Research Database (Denmark)

    Neergaard, Peter; Rahbek Pedersen, Esben

    2003-01-01

    Over the last decades, the industrialised countries have experienced a shift from the Keynesian state intervention paradigm towards a more market-regulated economy. Firms have found themselves in a new era, where they are expected to self-regulate their behaviour in terms of working conditions......, human rights and environmental protection. Without a common point of reference in national regulation, managers in multinational enterprises now have to develop their own codes of corporate social behaviour. This has created a growing market for private standards within the field of environmental...... management systems, social accountability, corporate citizenship, occupational health and safety and so forth. However, both the idea of government regulation and the literature acclaiming corporate self-regulation should be met with some scepticism. This paper offers a short assessment of the potentials...

  1. CORPORATE GOVERNANCE AND PERFORMANCE IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Mirela-Oana PINTEA

    2014-11-01

    Full Text Available The characteristic elements of the new economy require economic entities new performance standards that go beyond economics. These standards should be integrated into corporate strategy development to ensure sustainability of activities. Globalization affects corporate governance reforms currently characterized by what we call corporate responsibility and transparency. Companies are pressed to provide in addition to financial information the non-financial information, which focus on social and environmental impact of their activities and the way sustainability related constraints are integrated into their strategy for achieving organizational success. This paper highlights the changes imposed by sustainable development on corporate governance regarding the increased information that stakeholders need and the way performance is seen, as a holistic concept. Today, corporations are challenged to meet through performance the values, interests and expectations of society. The main objective of a corporate governance system is to assure a sustainable growth of the company taking into consideration the new standards imposed by the requirements of sustainable development.

  2. Sustainable Corporate Social Responsibility - An Alternative for a Paradigm Change of Business in the 21St Century

    Science.gov (United States)

    Hrdinová, Gabriela; Sakál, Peter

    2012-12-01

    The critical system analysis of the current status of all areas of human activity on the planet Earth (in Europe and the Slovak Republic) convinces us, that this development is unsustainable. Many prominent personalities of scientific, cultural, social and political life stated that our planet Earth and mankind with it, and all that man has created during its existence is only one step finds itself on the brink of disaster and it will turn against man. Many theoretical concepts, based on the historical development and experience notes that this status is natural and inevitable. However, we hold a different opinion. If the man is team, that is declared, it must show (now at the turning point) themselves and future generations, that it thinks with its existence on planet Earth seriously and responsibly. Given by the current global crisis and also our belief that the fundamental problem of humanity is unfair creation and distribution of wealth on planet Earth, we maintain opinion for changing the paradigm of thinking in this area. As the only alternative for solving this problem we see in the application of the concept of sustainable corporate social responsibility. The article presents our idea.

  3. Corporate Social Responsibility

    African Journals Online (AJOL)

    business ethics. The logical supposition was that the multinationals spreading destructive externalities could have a converse ability to mitigate their damages and make positive contributions within their areas of operation. Models of corporate social responsibility (CSR) and new global business standards became.

  4. A holistic perspective on corporate sustainability drivers

    NARCIS (Netherlands)

    Lozano, Rodrigo

    2015-01-01

    Since company boards are increasingly discussing 'sustainability', it becomes necessary to examine the nature of sustainability drivers. Most approaches to corporate sustainability drivers have focused either on internal or external drivers. This paper is aimed at providing a more holistic

  5. A holistic perspective on corporate sustainability drivers

    NARCIS (Netherlands)

    Lozano, R.

    2013-01-01

    Since company boards are increasingly discussing 'sustainability', it becomes necessary to examine the nature of sustainability drivers. Most approaches to corporate sustainability drivers have focused either on internal or external drivers. This paper is aimed at providing a more holistic

  6. A Designed Model of Sustainable Competitiveness for Slovak Industrial Companies in the Global Context of Sustainable Corporate Social Responsibility

    Science.gov (United States)

    Božiková, Lucia; Šnircová, Jana

    2016-06-01

    In this article we introduce a model of sustainable competitiveness, which we created on the basis of a long term study of literature and analysis. This article is divided into several parts. In the first part, we will introduce the problem of competitiveness and sustainable competitiveness. The second part is focused on the basic aspects for the creation of the model. In the third part the model itself is introduced and also an explanation and description of the mode is given.

  7. Joining Forces: A Study of Multinational Corporations' Sustainability Contributions to a Cross-Sector Social Partnership

    OpenAIRE

    Backman, Malin; Jangsell, Klas; Lönnqvist, Josephine

    2017-01-01

    Background: Cross-sector social partnership (CSSP) is a joint effort that utilizes resources from different sectors to solve social issues, such as poverty, pandemics and environmental degradation. According to the United Nations, the environmental tipping point of global warming is soon reached, and to avoid this irreversible situation, the collaboration between state and non-state actors is a requirement. With extended resources gained from different sectors, the outcome of the CSSP is grea...

  8. A Designed Model of Sustainable Competitiveness for Slovak Industrial Companies in the Global Context of Sustainable Corporate Social Responsibility

    Directory of Open Access Journals (Sweden)

    Božiková Lucia

    2016-06-01

    Full Text Available In this article we introduce a model of sustainable competitiveness, which we created on the basis of a long term study of literature and analysis. This article is divided into several parts. In the first part, we will introduce the problem of competitiveness and sustainable competitiveness. The second part is focused on the basic aspects for the creation of the model. In the third part the model itself is introduced and also an explanation and description of the mode is given.

  9. Corporate Social Responsibility

    DEFF Research Database (Denmark)

    Liempd, Dennis van; Warming-Rasmussen, Bent; Abild-Nielsen, Jens

    2007-01-01

    Målet med denne artikel er at klargøre, at der findes forskellige teoretiske tilgange til ansvarlig leverandørstyring og Corporate Social Responsibility (i det følgende kaldt CSR). Endvidere er det målet at belyse, at området er i kraftig udvikling og forventes at få øget betydning for revisor i...... ansvarlig leverandørstyring og CSR. I artiklen konkluderes følgende: - at udviklingen i Corporate Social Responsibility indikerer, at etik er den mest betydende faktor (driver); (jf. afsnit 1)- at etik som primær driver vil betyde, at virksomheden vil gå ud over lovens minimumkrav, og stræbe efter de...

  10. Corporate Social Responsibility in Ukraine

    OpenAIRE

    Stepanenko, Ievgeniia

    2012-01-01

    In the article are considered essence of corporate social responsibility and terms necessary for realization of social activity management subjects. Hikes over are brought to realization of corporate social responsibility, meaningfulness of large and middle business is certain in becoming of social responsibility of enterprises. It is set that exactly midsize business must come forward as a main motor of economic development of Ukraine. Becoming features and modern state of corporate social r...

  11. Pengaruh Corporate Social Responsibility Terhadap Kinerja Keuangan Perusahaan (Studi Pada Perusahaan Winner of Sustainability Reporting Award (Sra) 2015 Yang Terdaftar Di PT Bei Periode 2010-2014)

    OpenAIRE

    Bhernadha, Yhovita Anggie; Topowijono, Topowijono; Azizah, Devi Farah

    2017-01-01

    This study aimed to examine the effect of Corporate Social Responsibility on Corporate Financial Performance. Corporate Social Responsibility will be measured using the Corporate Social Responsibility Disclosure Index (CSRI). Information about Corporate Social Responsibility Disclosure Index (CSRI) that will be used in this research is based on General Reporting Initiatives (GRI) G4. Financial Performance which is proxied by Return On Asset (ROA) and Return on Equity (ROE). Research type was ...

  12. The Engagement Continuum Model Using Corporate Social Responsibility as an Intervention for Sustained Employee Engagement: Research Leading Practice

    Science.gov (United States)

    Valentin, Marie Anttonitte; Valentin, Celestino C.; Nafukho, Fredrick Muyia

    2015-01-01

    Purpose: The purpose of this paper is to explore implications of motivational potential that are highly correlated to the self-determination theory (SDT) (intrinsic motivating factors), in relation to corporate social responsibility (CSR). This paper specifies key antecedents of engagement within the theoretical framework of the self-determination…

  13. Corporate Social Responsibility in Afghanistan

    DEFF Research Database (Denmark)

    Azizi, Sameer

    This doctoral dissertation examines the business-development relations in Afghanistan by focusing on Corporate Social Responsibility (CSR) and other related practices from corporations in the Afghan mobile telecommunications industry. More concretely, the study aims to explore the characteristics...

  14. The Chief Officer of Corporate Social Responsibility

    DEFF Research Database (Denmark)

    Strand, Robert

    2013-01-01

    I present a review of the top management teams (TMTs) of the largest public corporations in the U.S. and Scandinavia (one thousand in total) to identify corporations that have a TMT position with ‘‘corporate social responsibility’’ (CSR) or a ‘‘CSR synonym’’ like sustainability or citizenship...... these findings include exploring whether explicit attention to CSR by the corporation is indicative of a longer term trend that has to do with attention to responsible business and whether a move away from the expression ‘CSR’ toward the expression ‘sustainability’ is underway and what this may entail....

  15. Exploring work-related issues on corporate sustainability.

    Science.gov (United States)

    Brunoro, C M; Bolis, I; Sznelwar, L I

    2015-01-01

    In a research project about work-related issues and corporate sustainability conducted in Brazil, the goal was to better understand how work-related issues were addressed in the corporate context. Particularly, there are some specific initiatives that serve as guides to organizational decisions, which make their performance indicators for the context of corporate sustainability. 1) To explore the presence of work-related issues and their origins in corporate sustainability approach, analyzing a) corporate disclosures; b) sustainability guidelines that are identified as relevant in corporate disclosures; c) documents that are related to sustainable development and also identified as key-documents for these guidelines and initiatives. 2) To present the activity-centered ergonomics and psychodynamics of work contributions to work-related issues in a corporate sustainability approach. An exploratory study based on multiple sources of evidence that were performed from 2012 to 2013, including interviews with companies that engaged in corporate sustainability and document analysis using the content analysis approach. Work-related issues have been presented since the earliest sustainable development documents. It is feasible to construct an empirical framework for work-related issues and corporate sustainability approaches. 1) Although some authors argue that corporate sustainability has its roots based only on the environmental dimension, there is strong empirical evidence showing that social dimension aspects such as work-related issues have been present since the beginning. 2) Some indicators should be redesigned to more precisely translate the reality of some workplaces, particularly those indicators related to organizational design and mental health.

  16. Faktor-Faktor yang Mempengaruhi Pengungkapan Corporate Social Responsibility di dalam Laporan Sustainability (Studi Empiris Pada Perusahaan yang listing di Bursa Efek Indonesia Tahun 2010-2013

    Directory of Open Access Journals (Sweden)

    Dita Rohmah

    2016-01-01

    Full Text Available The study aims to examine the effect of corporate governance, firm size, and profitability to corporate social responsibility disclosure in sustainability report. The mechanism of corporate governance used are independent commissioner, institutional ownership, and foreign ownership.This research is a quantitative study using scientific research in the form of positive economics. The nature and type of this research is descriptive with the method used by literature survey. Data used is secondary data obtained from www.idx.co.id and corporate websites. The analytical method used is multiple linear regression analysis with SPSS version 22. The populations in this study are all companies listed on the Indonesia Stock Exchange during the period 2010 until 2013. Samples are taken by purposive sampling method amount 21companies with 4 years observation. Based on the results of multiple regression analysis with a significant level of 5%, the results of this study concluded that: (1 Independent Commissary does not signicantly influence the effect on the disclosure of CSR in the sustainability report with the significant value 0.390 > 0.05. (2 Institutional Ownership has a significant effect on the disclosure of CSR in the sustainability report with the significant value 0.003 < 0.05. (3 Foreign Ownership does not signicantly influence the effect on the disclosure of CSR in the sustainability report with the significant value 0.221 > 0.05. (4 Firm Size has a significant effect on the disclosure of CSR in the sustainability report with the significant value 0.000 < 0.05. (5 Profitability has a significant effect on the disclosure of CSR in the sustainability report with the significant value 0.001< 0.05.DOI: 10.15408/ess.v5i2.2347

  17. Does Corporate Governance Affect Sustainability Disclosure? A Mixed Methods Study

    Directory of Open Access Journals (Sweden)

    Zeeshan Mahmood

    2018-01-01

    Full Text Available This research paper aims to understand the impact of corporate governance (CG on economic, social, and environmental sustainability disclosures. This paper adopted an explanatory sequential mixed methods approach. The data regarding corporate governance and sustainability disclosure were collected from top 100 companies listed on the Pakistan Stock Exchange (PSE for the period ranging from 2012 to 2015. In addition to the quantitative data, we collected qualitative data through interviews with five board members of different companies. Overall, our results indicate that CG elements enhance sustainability disclosures. This study concludes that a large board size consisting of a female director and a CSR committee (CSRC is better able to check and control management decisions regarding sustainability issues (be they economic, environment, or social and resulted in better sustainability disclosure. This paper, through quantitative and qualitative analysis, provides a methodological and empirical contribution to the literature on corporate governance and sustainability reporting in emerging and developing countries.

  18. Work in corporate sustainability policies: the contribution of ergonomics.

    Science.gov (United States)

    Bolis, I; Brunoro, C M; Sznelwar, L I

    2014-01-01

    By introducing policies for sustainability and social responsibility, companies declare their interest in caring for all stakeholders, including workers. To analyze how and which themes related to work practices and to workers are approached in the discourse of corporations are considered sustainable and socially responsible. Based on ergonomic principles, more elements are brought into this discussion, viewed from a strategic perspective for the development of corporations and society. Data collected from 20 corporations considered more sustainable according to an assessment made by the Corporate Knights organization. Multiple-case study, based on the analysis of secondary sources content (websites and reports). Analysis of websites and reports by their content, and their classification according to the aspects present in the thematic of work practices and of human rights elaborated by standard ISO 26000. Corporations show that the worker is one of the stakeholders to be considered in their sustainability and social responsibility policies. However, it's not possible using this method to obtain effective evidences related to actual programs performed by companies in order to demonstrate the real importance of workers in sustainable polices. The discipline of ergonomics could be active in improving the implementation of corporate social responsibility policies, especially by emphasizing the social dimension of these policies.

  19. Modeling Sustainability Maturity in Corporate Real Estate

    OpenAIRE

    Rasita Masalskyte; Mia Andelin; Anna-Liisa Sarasoja

    2013-01-01

    Purpose - Sustainability in Corporate Real Estate has lately become a concurrent part of almost every enterprise. However the extent of activity may extremely differ in various industries. Sustainable Real Estate Practices have been broadly analyzed in the recent studies, but the holistic approach to the issue is missing. The purpose of this paper is to summarize and systematize the current activities and propose a generic Sustainability Maturity Model in Corporate Real Estate. Methodology - ...

  20. Corporate Responses to Social Issues: Essays in Social Entrepreneurship and Corporate Social Responsibility

    NARCIS (Netherlands)

    A.O.P. Akemu (Ona)

    2017-01-01

    markdownabstractCorporations face pressure from governments, civil society groups and consumers to respond to social problems in their operating environments or to improve the sustainability characteristics of their products, services and supply chains. Companies respond to these problems in order

  1. STAKEHOLDER PERCEPTION OF CORPORATE SOCIAL RESPONSIBILITY

    OpenAIRE

    Petra F.A. Dilling

    2011-01-01

    As corporate social responsibility receives increased attention by company stakeholders, researchers are also increasingly exploring corporate social responsibility, its causes and implications. However little is known about the perception of corporate social responsibility. This study explores the link between stakeholder perception of corporate social responsibility and its relationship with underlying factors. The findings suggest that age of the corporation, community involvement, and cul...

  2. Corporate Social Responsibility Agreements Model for Community ...

    African Journals Online (AJOL)

    Corporate Social Responsibility Agreements Model for Community Development: The Case of Golden Star (Bogoso/Prestea) Limited and its Mine Local Community. ... of making voluntary contributions towards community development to making sustainable community development an integral part of the mining business.

  3. Corporate social responsibility in hospitality

    Directory of Open Access Journals (Sweden)

    Snježana Gagić

    2016-01-01

    Full Text Available Responsible management of global hospitality companies increasingly recognizes how important are concerns about the society, the environment as well as all stakeholders in maintaining a good market position. In Serbia, the concept of corporate social responsibility is relatively unknown and insufficiently researched in all business areas, especially in the hospitality industry where small businesses are dominated. The papers task is to present particular activities that demonstrate social responsibility to employees, customers-guests, local communities as well as the environment. The paper aims to highlight the benefits of adopting the principles of corporate social responsibility and innovation applied in catering enterprises as an example of good corporate social responsibility practices.

  4. Corporate Social Entrepreneurship in India

    DEFF Research Database (Denmark)

    Agrawal, Anirudh; Sahasranamam, Sreevas

    2016-01-01

    institutional and socio-economical context. Practical implications – The developed model is useful for companies operating in complex environments in developing markets as it provides recommendations on how to strengthen social and public legitimacy and earn returns on their business investments. Moreover......Purpose – The purpose of this paper is to analyze how corporations create social and economic value through corporate social entrepreneurial activities. Design/methodology/approach – This paper employs a multiple case study approach. The selected cases cover companies that have a clear corporate...... social enterprise model in operation and address different prevailing social problems. Findings – This study reveals that corporate social entrepreneurship (CSE) is driven by the environmental dynamics, organizational antecedents, and organizational outcomes. In addition, the authors found that CSE...

  5. Sustainability and Convergence: The Future of Corporate Governance Systems?

    Directory of Open Access Journals (Sweden)

    Daniela M. Salvioni

    2016-11-01

    Full Text Available In today’s world, a sustainable approach to corporate governance can be a source of competitive advantage and a long-term success factor for any firm. Sustainable governance requires that the board of directors considers economic, social and environmental expectations in an integrated way, no matter what ownership structure and formal rules of corporate governance apply to the company: this mitigates the traditional differences between insider and outsider systems of corporate governance. Previous studies failed to consider the contribution of sustainability in the process of corporate governance convergence. Therefore, the aim of this article is to fill the gap in the existing literature by means of a qualitative analysis, supporting the international debate about convergence of corporate governance systems. The article describes the evolution of outsider and insider systems in the light of the increasing importance of sustainability in the board’s decision-making and firm’s operation to satisfy the needs of all the company’s stakeholders. According to this, a qualitative content analysis developed with a directed approach completes the theoretical discussion, demonstrating that sustainability can bring de facto convergence between outsider and insider corporate governance systems. The article aims to be a theoretical starting point for future research, the findings of which could also have practical implications: the study encourages the policy makers to translate the sustainable business best practices into laws and recommendations, strengthening the mutual influence between formal and substantial convergence.

  6. Corporate Social Responsibility and Corporate Social Innovation: A Conceptual Understanding

    Directory of Open Access Journals (Sweden)

    Jali Muhamad Nizam

    2017-01-01

    Full Text Available In decades, various organizations worldwide engaged with Corporate Social Responsibility (CSR in order to show their corporate commitments and responsibilities towards societies at large. These commitments and responsibilities are coming from monetary and non-monetary resources for example cash, equipment’s and human resources whom are used for social purposes and activities that leads to a betterment of society and also to improved organization reputation. However, in today’s knowledge and innovation led economy, organizations can no longer affords to get involve in charity and community services merely to fulfil social return without having any sort of economic payoffs. This situation warrants organizations moving beyond CSR to Corporate Social Innovation. This paper explores conceptual understanding between CSR and Corporate Social Innovation. CSR is a traditional philanthropy and old paradigm which is somewhat no longer sufficient in coping with current economic situation. Hence, this paper provides an insight and suggests that corporate social innovation as an emergence new paradigm that perhaps could provide a comprehensive representation in the era of knowledge and innovation led economy that will leads to real change in improving the well-being of people’s life, enhance economic and technological growth. Furthermore, this paper also highlighted knowledge resource is the most significant resource of Corporate Social Innovation.

  7. Reseña: Critical Studies on Corporate Responsibility, Governance and Sustainability, Vol. 4 y 6

    Directory of Open Access Journals (Sweden)

    Adrián Zicari

    2014-10-01

    Full Text Available Corporate Social Irresponsibility: A Challenging Concept. Series: Critical Studies on Corporate Responsibility, Governance and Sustainability, Vol. 4. Ralph Tench, William Sun and Brian Jones, 2012, Emerald Group Publishing Limited, 315 pages. Communicating Corporate Social Responsibility Perspectives and Practice. Series: Critical Studies on Corporate Responsibility, Governance and Sustainability, Vol. 6. Ralph Tench, William Sun and Brian Jones, 2014, Emerald Group Publishing Limited, 456 pages

  8. Analysis of the relationship between social and environmental investment and inclusion of companies in corporate sustainability index of BM&FBOVESPA

    Directory of Open Access Journals (Sweden)

    Márcio André Veras Machado

    2012-04-01

    Full Text Available DOI: http://dx.doi.org/10.5007/2175-8077.2012v14n32p141 This paper aims to investigate the relationship between social and environmental investments and the inclusion of companies in the Corporate Sustainability Index of BM&FBOVESPA, by applying logistic regression. For this, we analyzed information relating to internal and external social and environmental investments, from the social balance of companies.The sample consisted of companies eligible for inclusion in the portfolio ISE in the period of December 2009 to December 2010. According to the results, we can conclude that there is a relationship between environmental investments and entry of firms in the portfolio ISE of BM&FBOVESPA, showing that investment made and evidenced in social and environmental issues is a sign of real commitment to social responsibility and sustainability and not simply a form of accountability of the funds invested. As the variables used, internal social investment (II, External (IE and environmental (IA, we found that IE is the best proxy to explain this relationship. In other words, the results suggest that companies that invest resources in favor of community, either voluntarily or through taxes, which is or should be a resource applied in society, has more chances of entering the ISE portfolio composition.

  9. Tensions of Corporate Social Responsibility

    DEFF Research Database (Denmark)

    Strand, Robert

    I engaged with the top management team (TMT) and employees of American Cafes Corporation as an action/intervention researcher in the 20 months immediately following the TMT’s decision to formalize the company’s corporate social responsibility (CSR) activities. This led to the establishment...

  10. Regulatory on the corporate social responsibility in the context of sustainable development by mandatory in the world trade organization law perspective (case study in Indonesia

    Directory of Open Access Journals (Sweden)

    SH. M. Hum. TAUFIQURRAHMAN

    2013-12-01

    Full Text Available Regulatory on the Corporate Social Responsibility (CSR by mandatory in Indonesia as stipulated in Article 74 of Law No. 40/2007 on the Limited Liability Company (hereafter the Company Law raises a contradiction. Those who agree argue that the company is not solely for profit, but more than that are participating in social issues and the preservation of the environment within the framework of sustainable development. Conversely, those who disagree view that social issues and the environment are the full responsibility of state. The involvement of a corporation in social and environmental activities is voluntary. Verdict of the Indonesian Constitutional Court in case no. 53/PUU-VI / / 2008 dated 13 April 2009 which rejected a requesting of material test of the Article 74 paragraph (1, (2 and (3 of the Company Law confirms the existence of the CSR by mandatory in international trade traffic today. The analytical results indicates that mandatory CSR regulation in the Company Law is not a form of a state intervention to the private activities. In addition, the arrangement is not contrary to the principles of free trade within the framework of the General Agreement on Tariffs and Trade (GATT / World Trade Organization (WTO.

  11. CORPORATE SOCIAL RESPONSIBILITY FOR COSMETICS COMPANIES

    OpenAIRE

    Mirela Nemţanu

    2012-01-01

    The great companies of early twentieth century (many of which we find today as powerful multinational with branches in hundreds of countries and thousands of employees around the world) began – as their business grew and size have exponential growth – to realize the impact they have on society. Need to rationalize resources and the importance of a sustainable development, along with society adverse reactions related to social society, have led in the end to appliance of corporate social respo...

  12. Pengungkapan Corporate Social Responsibility, Struktur Corporate Governance dan Nilai Perusahaan

    OpenAIRE

    Pattisahusiwa, Salmah; Diyanti, Ferry

    2017-01-01

    The concept of the corporate social responsibility has a significant interest in Indonesia because believed to increase corporate's value for shareholders. This study aims to find the effect of corporate social responsibility disclosure and corporate governance structure on corporate value. The data were taken from annual report of mining companies listed in Indonesian Stock Exchange for period of 2014-2015. The sample collection has been done by using purposive sampling with the certain crit...

  13. The business case for corporate social responsibility

    Directory of Open Access Journals (Sweden)

    Vlastelica-Bakić Tamara

    2012-01-01

    Full Text Available In addition to generating economic growth and competitiveness, modern society expects from companies active contribution to sustainable development of economy and society, as well as preservation of the environment. Corporate social responsibility as a business philosophy aims at achieving long-term benefits for the company and the society in which it operates. Although the concept of corporate social responsibility has already been accepted in both theory and practice, the goal of this paper is to underline the arguments and benefits of introducing the concept in business community. The paper presents the business case for corporate social responsibility through the presentation of the impact on the financial performance of the company, consumer behavior and ultimately on its reputation.

  14. Corporate Social Responsibility

    National Research Council Canada - National Science Library

    Suhaimi Ishak; Mohamad Naimi Mohamad Nor

    2017-01-01

    .... In Malaysia, based on the Malaysian Code on Corporate Governance (MCCG), (2007; 2012) clearly stated the role and responsibility of the board of directors toward the risk management activities...

  15. Sustainability and corporate environmental focus

    DEFF Research Database (Denmark)

    Madsen, Henning; Sinding, Knud; Ulhøi, John Parm

    1997-01-01

    In the past five to ten years, interest in the environmental roles of firms and their efforts in this area has grown enormously, first as a specialised field and more recently as an accepted element in the more mainstream management tradition. The increasing interest in firms and the environment...... has ranged widely, including different aspects of corporate environmental management, dedicated "green accounting" and "green auditing" and consumer behaviour and "green marketing". Furthermore, this growth has taken place against a background of generally increasing environmental awareness. The paper...... environmental perceptions, driving forces, and corporate responses. The final section discusses the possibility that corporate environmental management, and the many people involved in this area, are less deeply concerned with environmental imperatives than is usually expressed....

  16. The Integrated Scorecard in support of corporate sustainability strategies.

    Science.gov (United States)

    Journeault, Marc

    2016-11-01

    Organizations have increasingly recognized the importance and benefits of developing a sustainability strategy that incorporates environmental and social responsibilities. However, the simultaneous integration of the economic, environmental and social aspects remains a major concern for organizations. The Sustainability Balanced Scorecard (SBSC) represents one of the most promising strategic tools to help organizations face these challenges and support their sustainability strategy. However, past research has provided unclear, incomplete and even contradictory SBSC frameworks while offering little knowledge about how to integrate stakeholder management as well as environmental and social performance within the balanced scorecard to successfully support a corporate sustainability strategy. The aim of this study is to address these issues and limitations by proposing the Integrated Scorecard, a specific SBSC that integrates the three pillars of sustainability performance within four different perspectives, namely environmental, social and economic performance, stakeholder management, internal business processes, and skills and capabilities. This study provides a conceptual approach to the Integrated Scorecard and illustrates, through the use of two practical illustrations, the ability of this framework to support the corporate sustainability strategy by identifying the core sustainability objectives that organizations should achieve when creating value, facilitating the understanding of the contribution of environmental and social initiatives on economic performance, allowing the monitoring and measurement of the strategy's level of achievement, and creating synergy between sustainability performance management and reporting. Copyright © 2016 Elsevier Ltd. All rights reserved.

  17. Trade-offs in corporate sustainability: you can't have your cake and eat it

    NARCIS (Netherlands)

    Hahn, T.; Figge, F.; Pinkse, J.; Preuss, L.

    2010-01-01

    The mainstream of the literature on corporate sustainability follows the win-win paradigm, according to which economic, environmental and social sustainability aspects can be achieved simultaneously; indeed, corporate sustainability has often been defined by the intersection of these three areas.

  18. Corporate Sustainability Report Sebagai Indikator Pengambilan Keputusan Investasi

    OpenAIRE

    Maharani, Satia Nur

    2011-01-01

    One indicator of investment decisions is corporate sustainability report. Sustainability is about long-termvalue creation not only for company but also for employees, customers, the industry sector, investors and thecommunities where the company does business. The ability of company to create long-term value is based on itsunderstanding and response to demands of society and on recognizing that environmental, social, economicaland ethical factors affect the business strategy. This article ide...

  19. Legitimising Corporate Sustainability Reporting Throughout the World

    Directory of Open Access Journals (Sweden)

    Faisal

    2012-06-01

    Full Text Available This paper explores corporate sustainability disclosure practices in a global context. A unique sample of 2009 sustainability reports from some of the world’s largest companies in 24 diverse countries are examined using a comprehensive disclosure index. These reports are analysed to better understand how company characteristics and institutional factors explain sustainability communication using a legitimacy theory framework. The world renowned Global ReportingInitiative 2006 guidelines are used as the benchmark disclosure index checklist. The empirical results indicate that the average level of sustainability disclosure is a surprisingly high 61.9 percent.Statistical analysis indicates that high profile industries and additional assurance procedures influence the disclosure of more sustainability information. Interestingly, companies operating inemerging country systems disclose more sustainability information than Anglo-Saxon or Communitarian jurisdictions. Consistent with legitimacy theory, these results suggest that these globally well known firms use sustainability disclosure as a legitimising tool.

  20. CORPORATE SOCIAL RESPONSIBILITY AND ITS FINANCIAL PERFORMANCE

    Directory of Open Access Journals (Sweden)

    Raluca Miruna Zapciu

    2015-06-01

    Full Text Available The field of corporate social responsibility (CSR has grown exponentially in the last two decades. There are different views of the role of the firm in society and disagreement as to whether wealth maximization should be the sole goal of a corporation. Nevertheless, there still remains a debate about the legitimacy and value of corporate responses to CSR concerns. This paper examines the effect of CSR on financial performance. It examines the effect CSR- related shareholder proposals lead to positive announcements returns and superior accounting performance. Also, the channels through which companies benefit from CSR are examined. The paper finds that CSR improves employee satisfaction and helps companies cater to customers that are responsive to sustainable practices and that the adoption of CSR proposals is associated with an increase in labor productivity and sales growth. The results indicate that the sign of the relationship is positive and statistically significant relationship between corporate social responsibility and financial performance, supporting the view that socially responsible corporate performance can be associated with a series of bottom-line benefits.

  1. A review of corporate sustainability reporting tools (SRTs).

    Science.gov (United States)

    Siew, Renard Y J

    2015-12-01

    Sustainability reporting has been increasingly adopted by corporations worldwide given the demand of stakeholders for greater transparency on both environmental and social issues. The popularity of such reporting is evidenced by the development of a range of tools in the last two decades - Global Reporting Initiative (GRI), AA1000 and Carbon Disclosure Project (CDP) inter alia. These tools, referred to collectively as corporate sustainability reporting tools (SRTs) are important as they serve to inform the progress of corporations towards achieving sustainability goals. However, the rapid growth of corporate SRTs, with different criteria and methodology has created major complications for stakeholders. This paper makes a genuine contribution by providing a review of some of these major tools, spanning across a wide spectrum - framework, standards, ratings and indices. A critique of SRTs is also given. Institutional investors, governments, practitioners and individuals may find this review useful in terms of understanding the nature of different corporate SRTs. As well, it can serve as a useful reference for the development of the next generation of corporate SRTs. Copyright © 2015 Elsevier Ltd. All rights reserved.

  2. Corporate Governance & Social Responsibility: : Challenges Regarding Accountability

    NARCIS (Netherlands)

    Drs. Ewoud Jansen

    2012-01-01

    Corporate Social Responsibility affects Corporate Governance as it stretches the accountability of companies beyond its traditional boundaries. This however may conflict with the corporate objective of maximizing stockholder wealth. The paper provides an overview of various academic theories and

  3. Parallels in government and corporate sustainability reporting

    Science.gov (United States)

    D. J. Shields; S. V. Solar

    2007-01-01

    One of the core tenets of Sustainable Development is transparency and information sharing, i.e., government and corporate reporting. Governments report on issues within their sphere of responsibility to the degree that their constituents demand that they do so. Firms undertake reporting for two reasons: they are required to do so by law, and doing so makes good...

  4. An Empirical Exploration, Typology, and Definition of Corporate Sustainability

    Directory of Open Access Journals (Sweden)

    Manfred Max Bergman

    2017-05-01

    Full Text Available The relationship between business and society is evolving. On the one hand, social, environmental, and long-term economic issues subsumed under the UN 2030 Agenda for Sustainable Development are inspiring intergovernmental organizations, governments, NGOs, NPOs, foundations, and civic society to legislate and regulate corporate behavior toward a greater concern for the wellbeing of groups, regions, or entire societies. On the other, a growing trend toward protectionism, nationalism, and populism may be the consequence or expression of a dissatisfaction with the perceived dissociation of the private sector from society. As a form of self-regulation, corporate responsibility deals with the complex responsibilities businesses have toward society. However, it tends to be hampered by an emphasis on theology and philosophy-based business ethics, which are difficult to integrate into day-to-day business operations or to translate between national or corporate cultures. In this article, we argue that corporate sustainability could be a more useful concept to help improve on how government, the private sector, and academia understand the links between business and society, and how to translate the interdependence between business and society from one culture to another. For this purpose, we empirically analyzed the relevant academic literature on corporate sustainability, using Content Configuration Analysis. Our analyses revealed three conceptual types and nine subtypes of corporate sustainability. Based on their assessment, we suggest conceptual preferences and a definition of corporate sustainability, which fulfil criteria that may render the concept more useful to global political and socioeconomic negotiations among stakeholder groups for the long-term benefit of business and society.

  5. The integration of corporate governance in corporate social responsibility disclosures

    NARCIS (Netherlands)

    Kolk, A.; Pinkse, J.

    2010-01-01

    In recent years, not only has attention to corporate governance increased but also the notion has broadened considerably, and started to cover some aspects traditionally seen as being part of corporate social responsibility (CSR). CSR, corporate governance and their interlink seem particularly

  6. Partnerships for corporate social responsability

    NARCIS (Netherlands)

    Bruijn, de T.J.N.M. (Theo)

    2007-01-01

    The purpose of this paper is to conceptualise the extent to which partnerships with non-governmental organisations (NGOs) are a necessity for successful efforts of businesses in the area of corporate social responsibility (CSR). The main findings are based on an analysis of existing literature on

  7. Perceptions of Corporate Social Responsibility

    Science.gov (United States)

    Gavin, James F.; Maynard, William S.

    1975-01-01

    This study investigated the possible implications of Corporate Social Responsibility (CSR) for employee expectations and satisfactions. Specifically, interest centered on the question of how perceptions of an organization's involvement in the resolution of current societal problems might relate to members' expectations of equitable job rewards and…

  8. Outplacement and corporate social responsibility

    NARCIS (Netherlands)

    Jeurissen, R.J.M.

    2006-01-01

    This article presents a response to the following papers: "Ethical Marketing," by P.E. Murphy, G.R. Laczniak, N.E. Bowie, and T.A. Klein, "Marketing Ethics: Cases and Readings," edited by P.E. Murphy and G.R. Laczniak, "Advertising Ethics" by E.H. Spence and B. van Heekeren, and "Corporate Social

  9. Islamic Corporate Social Responsibility, Corporate Reputation and Performance

    OpenAIRE

    Roshayani Arshad; Suaini Othman; Rohana Othman

    2012-01-01

    This study examines the effect of Islamic Corporate Social Responsibility disclosure and on corporate reputation as well as performance. These relationships are examined based on content analysis of of annual reports of 17 Islamic banks in Malaysia for 2008, 2009 and 2010. Results of this study provide evidence that CSR activities communicated in corporate annual reports are significantly positively related with corporate reputation as well as firm performance. These resu...

  10. A preliminary framework for corporate real estate sustainable management

    Directory of Open Access Journals (Sweden)

    Fauzi Nurul Sahida

    2016-01-01

    Full Text Available The global warming issue has motivated corporations to go green in their business operations including transforming from conventional real estate to green features real estate. However green CRE is more complex to manage due to a building’s significant impact on environmental, social and economic aspects. Thus the need to have a best practice guide or framework as reference is crucial. Unfortunately, no best practice guidelines on CRE management have been found to be sufficient as much uncertainty still exists on the sustainable performance measurement components. This research aims to explore and then summarize the present sustainable CREM practices and components relating to sustainable performance measurement integrating a sustainable theory that balances environmental, economic and social impacts. These act as indicators to measure the outcomes of the practice in the form of a generic model on sustainability preliminary framework for CRESM. The objectives of this research include identifying corporate real estate sustainable management (CRESM practice and components of sustainable performance measurement. The research uses content analysis method to analyse data gathered from literature and previous studies. The findings will be demonstrated in the form of a framework model on CRESM that will include14 CREM strategies and 15 components derived from analysis.

  11. The Association between Organisational Commitment And Corporate Social Responsibility-Environmental Performance Within an Integrated Sustainability Balanced Scorecard Framework

    Directory of Open Access Journals (Sweden)

    Kirsten Rae

    2015-03-01

    Full Text Available This study investigates whether organisational commitment is associated with organisations‘CSR performance within sustainability aspects of their internal process. A structural equation model (SEM tested two sequential direct associations between: (1 senior management employees‘ affective and continuance organisational commitment and organisations‘ conventional value-creating internal processes; (2 conventional value-creating internal processes and organisations‘ CSR performance within sustainability value-creating internal process. The SEM results show an indirect association between affective commitment and CSR performance within sustainability value-creating internal process, which is mediated by the conventional value-creating internal processes. The findings support an integrated sustainability internal process within a sustainability balanced scorecard (SBSC as depicted in Kaplan and Norton‘s strategy map. Organisations may develop internal processes that promote CSR outcome characteristics when employees possess higher levels of affective organisational commitment. Future research could investigate a broader  range of environmental outcomes within CSR performance.

  12. Corporate social responsibility and financial markets

    NARCIS (Netherlands)

    Dam, Lammertjan

    2008-01-01

    This thesis examines the economics of corporate social responsibility, with an emphasis on the role of financial markets and institutions. Questions that are raised are: What does corporate social responsibility mean in an economic context? What is the impact of corporate social responsibility on

  13. Corporate Social Responsibility of Multinational Oil Corporations to ...

    African Journals Online (AJOL)

    Given the huge environmental control costs and the profit-minded nature of Multinational oil corporations, industry self-regulation is unlikely to be effective where it conflicts with the primary objectives of multinationals. Thus, to turn multinational oil corporations into a more positive force for sustainable development, voluntary ...

  14. Enviromental responsability and corporate social responsability

    Directory of Open Access Journals (Sweden)

    Jesús Marí Farinós

    2015-12-01

    Full Text Available The environmental management of companies and organizations in general is going to be internalized in the operation and management structures, linking conceptual and chronologically to improve corporate reputation, management excellence, knowledge and innovation. Embracing, undoubtedly too, with the assumption of an ethical commitment of the company to society: environmental sustainability and generational solidarity in the transmission of culture and values of that nature. The existing need to know the potential impact of business operations on society and the environment results in the appearance of a document, which may well be called a Sustainability Report or Social Balance, which is compiled from a series social indicators, which are the instruments responsible to reflect the value of the shares held by the company in social and environmental fields.

  15. Sustainability, accountability and corporate governance: Exploring multinationals' reporting practices

    OpenAIRE

    Kolk, A.

    2008-01-01

    Recent years have seen a rapid increase in accountability pressures on particularly large global companies. The increased call for transparency comes from two different angles, which show some (potential) convergence in terms of topics and audiences: accountability requirements in the context of corporate governance, which expand to staff-related, ethical aspects; and sustainability reporting that has broadened from environment only to social and financial issues. This article examines to wha...

  16. Pengungkapan Corporate Social Responsibility, Struktur Corporate Governance dan Nilai Perusahaan

    Directory of Open Access Journals (Sweden)

    Salmah Pattisahusiwa

    2017-06-01

    Full Text Available The concept of the corporate social responsibility has a significant interest in Indonesia because believed to increase corporate’s value for shareholders. This study aims to find the effect of corporate social responsibility disclosure and corporate governance structure on corporate value. The data were taken from annual report of mining companies listed in Indonesian Stock Exchange for period of 2014-2015. The sample collection has been done by using purposive sampling with the certain criteria so that 18 companies which meet criteria have been obtained as samples. Multiple Regression analysis was employed to analyze data. The result of this research show that corporate social responsibility disclosure and corporate governance structure have significant effect to thecorporate value.

  17. Corporate social responsibility: a personal reflection on Clover Mama Afrika

    Directory of Open Access Journals (Sweden)

    E. Vlok

    2009-07-01

    Full Text Available Although corporate social responsibility (CSR or corporate social investment (CSI, the term preferred by most South African busines-ses, has been studied from the 1950s, up to date no universally ac-cepted definition has been formulated. However, the basic concepts put forward in the definition of the World Business Council for Sustainable Development (WBCSD (2000 are generally accepted as forming the core of CSR.

  18. Finance as a driver of corporate social responsibility

    NARCIS (Netherlands)

    Scholtens, B.

    Finance is grease to the economy. Therefore, we assume that it may affect corporate social responsibility (CSR) and the sustainability of economic development too. This paper discusses the transmission mechanisms between finance and sustainability. We find that there is no simple one-to-one

  19. Corporate social responsibility, corporate reputation and employee engagement

    OpenAIRE

    Ali, Imran; Ali, Jawaria Fatima

    2011-01-01

    Corporate social responsibility (CSR) has been outlined as voluntarily additional legal duties of organization to serve environment and community. This voluntarily actions of corporate help them to develop reputation which can shape favorable attitude of employees towards work. Employee engagement is an attitude of commitment and involvement of employee towards their work and organization. Researchers have proved that engaged employees are more productive, more likely to achieve corporate go...

  20. Corporate Sustainability: A Case Study in the Company Artecola

    Directory of Open Access Journals (Sweden)

    Cristiane Froehlich

    2016-12-01

    Full Text Available This study aims to verify the sustainability practices that address the triple bottom line at Artecola. The company headquarters is located in Rio Grande do Sul and it has units in several states in Brazil, Latin America and China. The company operates in three sectors: chemical, leather-footwear and engineering plastics. This research is classified as bibliographic, descriptive and qualitative case study. Data were collected based on 10 semi-structured interviews and internal documents, which were analyzed using qualitative content analysis. The main results show that sustainability practices include the triple bottom line at Artecola. However, the concept of sustainability is not understood in a systemic way by organization. Thus, the three pillars of the triple bottom line (economic, environmental and social are not necessarily included in an interdependent way in the current corporate sustainability actions.

  1. THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY ON CORPORATE VALUE

    Directory of Open Access Journals (Sweden)

    Diana DOBRESCU

    2013-12-01

    Full Text Available This paper investigates the correlation between Corporate Social Responsability actions and companies’ value. For this purpose a data base was created for 101 important companies in Romania, for years 2011 and 2012. The data was processed using Eviews 7 and SAS 9.2 softwares and the econometric variables specific determinations were interpreted in an econometric approach. A new index for the Corporate Social Responsabilitiy hierarchy levels was proposed and its applicability was demonstrated.

  2. Toward a sociology of the Brazilian Corporate Sustainability Index?

    Directory of Open Access Journals (Sweden)

    Marina de Souza Sartore

    2011-12-01

    Full Text Available In order to collaborate with the academic debate about the social construction of economic tools, this article captures the social construction of the Corporate Sustainability Index (ISE of Bovespa. From an economic approach, the index is the numeric representation of financial profitability of sustainable enterprises, however, from that of sociology, the ISE is the window to apprehend the symbolic struggles that constitute the Brazilian market of Socially Responsible Investment (SRI. This idea is demonstrated by the recovery of the chronological history of the development of ISE which shows the elements of the arbitrary political process searching for its economic neutrality. This article emphasizes the need to explore sociologically the financial indexes as well as other classification tools of the economic world.

  3. A Cognitive Perspective on the Business Case for Corporate Sustainability

    DEFF Research Database (Denmark)

    Hockerts, Kai

    2015-01-01

    This paper proposes that a cognitive perspective on corporate sustainability and competitiveness might allow new insights into the question of the business case. The paper explores how respondents from 12 firms make sense of their firm's investments in corporate sustainability activities...... by analyzing the mental models evoked. The interviews showed that a business case perspective emerged as the dominant logic. A subsequent analysis of the content of the knowledge schemas that were elicited surfaced four dimensions of corporate sustainability induced competitive advantages: risk reduction......). Respondents from firms with higher perceived performance drew on more complex mental models to represent the links between corporate sustainability and competitiveness....

  4. CORPORATE SOCIAL RESPONSIBILITY: A CONCEPTUAL OVERVIEW

    OpenAIRE

    Ozan Büyükyılmaz; Yahya Fidan

    2016-01-01

    Corporate social responsibility includes the activities performed by enterprises that going beyond the legitimate expectations and carried out on a voluntary basis to improve the social and environmental well-being. In this study, the concept of corporate social responsibility is examined within the frame of definition and content, social responsibility theories, causes that enterprises are moving to social responsibility activities and the scope of social responsibility. It is intended to...

  5. Corporate Social Responsibility in Aviation

    Science.gov (United States)

    Phillips, Edwin D.

    2006-01-01

    The dialog within aviation management education regarding ethics is incomplete without a discussion of corporate social responsibility (CSR). CSR research requires discussion involving: (a) the current emphasis on CSR in business in general and aviation specifically; (b) business and educational theory that provide a basis for aviation companies to engage in socially responsible actions; (c) techniques used by aviation and aerospace companies to fulfill this responsibility; and (d) a glimpse of teaching approaches used in university aviation management classes. The summary of this research suggests educators explain CSR theory and practice to students in industry and collegiate aviation management programs. Doing so extends the discussion of ethical behavior and matches the current high level of interest and activity within the aviation industry toward CSR.

  6. DIAGNOSING THE CORPORATE SOCIAL RESPONSIBILITY CULTURE

    National Research Council Canada - National Science Library

    Zana Prutina

    2015-01-01

    .... Existing organizational culture typologies only provide the framework for analysis within the traditional business paradigm, but they are of limited use in the context of corporate social responsibility...

  7. In Praise of Corporate Social Responsibility Bureaucracy

    OpenAIRE

    Strand, Robert Gavin

    2012-01-01

    In this dissertation I examine the establishment of corporate social responsibility (CSR) bureaucracies at corporations and I come to consider the CSR bureaucracy as a space for reflection within the corporation. In the face of charges that bureaucracies are inherently unethical and devoid of consideration for humanistic concerns, I argue that within the large bureaucracy that is the corporation, the CSR bureaucracy can create a space in which tensions that arise from conflicti...

  8. Corporate Social Responsibility in banking sector

    Directory of Open Access Journals (Sweden)

    Lucie Kvasničková Stanislavská

    2012-01-01

    Full Text Available After popularity increase of the concept of Corporate Social Responsibility over last century in the USA, with the 21st century the concept comes into the European Union as well, actually into Czech Republic. For the European Union, the concept of social responsibility becomes one of the tool for achieving the most competitive and dynamic knowledge-based economy (Lisbon Strategy, 2000. With the start of the financial and economic crisis, the European Commission sees in the Corporate Social Responsibility a way how to cope with the crisis. Also scientific studies (Ghoul, 2011; Gruz, 2009 indicate the positive influence of Corporate Social Responsibility on financial performance of the company. In the Czech Republic, the implementation of the concept is especially for multinational corporations. For example, Corporate Social Responsibility is very popular in financial sector, which the financial crisis did not damage so perceptible as in other countries of developed economies (Singer, 2009. This article defines on a theoretical level the concept of Corporate Social Responsibility, its development, its present form and the influence on financial performance of the company. Another part of the article focuses on three czech banking subjects (Česká spořitelna, Komerční banka a Československá obchodní banka, which regularly take the leading positions of the official corporate donors chart „TOP Filantrop“. The article explores the evolution of corporate donations and finds the connection between corporate donations and corporate profit and financial and economic crisis.

  9. Corporate Social Responsibility Within the Smartphone Industry

    DEFF Research Database (Denmark)

    Mach, Pascal; Atlason, Reynir Smari; Gerstlberger, Wolfgang

    2017-01-01

    The smartphone industry is a venue of high competition as devices come closer in terms of functionality and design. Attracting potential customers by offering maximum capacity, extended warranty or great functionality is not sufficient by current standards. Moreover, manufacturers of smartphones...... portray commitments to the economy, society and to the environment, especially with in the public media. Corporate Social Responsibility (CSR) influences most processes within firms, also the product development. This research handles five smartphone manufacturers and their performance within the economic......, environmental and social area. CSR reports are assessed by using a proven methodology by Morhardt, Baird, & Freeman, based on the G4 Global Sustainability Guidelines. Results show that smartphone manufacturers tend to focus mostly on the environmental sphere within CSR, where Microsoft scored the highest of all...

  10. Features of corporate social responsibility development

    Directory of Open Access Journals (Sweden)

    N.V. Shandova

    2016-03-01

    Full Text Available The article discusses the aspects of the formation of social responsibility of Ukrainian companies. The need in the analysis of the factors of development of the business corporate social responsibility concept is caused by a change of interaction between the government, business and society. The result of research represents the corporate social responsibility as a specific company’s reaction to the demands of society to reflect in its actions the interests, values and expectations of stakeholders. The article determines and systematizes the main factors that impact on company’s corporate social responsibility. To the external factors belong the policies of supranational and national governments in the area of corporate social responsibility, the level of economic development, the government support for entrepreneurship, the public opinion about corporate social responsibility and the external pressure of other stakeholders. The internal factors include the economic efficiency of enterprises, the ratio of benefits and costs of corporate social responsibility implementation, personal beliefs of owners and shareholders, the corporate culture of the organization. The research of the factors of corporate social responsibility development will provide the mass distribution of socially responsible business and will contribute to the creation of its own models of social responsibility.

  11. Impact of Social Auditing on Corporate Governance, Corporate ...

    African Journals Online (AJOL)

    The underlying ideas are directly linked to the concepts of corporate governance, democracy and participation. The study has observed that social accounts that have been audited by an independent social audit panel will have credible information and will constitute a means of demonstrating not only what the organization ...

  12. The ethics of corporate social responsibility.

    Science.gov (United States)

    Bergman, Stanley M; Vernillo, Anthony T

    2014-01-01

    Corporations as well as individual professionals have an ethical obligation to help those in need. There is a sound tradition in American business for companies including social outreach as part of business strategy. This approach works best when corporations and community and professional experts work in partnership. Henry Schein's Corporate Social Responsibility program contributes expertise, logistics, connections, and funds to these partnerships in the United States and worldwide.

  13. SOCIAL RESPONSABILITY AND CORPORATE GOVERNANCE IN EVALUATING

    Directory of Open Access Journals (Sweden)

    MIRON VASILE-CRISTIAN-IOACHIM

    2015-10-01

    Full Text Available The evaluation of an entity's economic performance is often perceived by the public as being limited to the analyses carried based on a component of the annual financial statements or on a component of the profit and loss account. We believe, however, that the current financial reporting system no longer offers an informational potential sufficiently high in the process of assessing the performance of an economic entity, and we sustain the large scale introduction of an additional component of reporting (voluntary or required by legal settlements that must be seen as ethical behavior in reporting. This study aims to bring to light this ethical component of reporting by analyzing the concepts of social responsibility and corporate governance, analyzing specialized literature concerning these concepts, but also how this "ethical behavior" is experienced at the level of the entities that activate in the energy sector. In other words, this approach is not an analysis of the ethics in the research of economic performance of entities, but a research of the ethical side of the performance analysis. However, an important objective of this study is to analyze and assess the extent to which ethical behavior of economic entities (shown here by the application and reporting related to social responsibility and corporate governance can influence the performance of an economic entity, or they represent a consequence of performance. The results of the study show that at the level of the analyzed entities from the energy sector there are different approaches in terms of both applying the concepts of social responsibility and corporate governance, as well as regarding the way of reporting these issues. If in the application of these concepts, we can assume that each economic entity is free to find its own vision, regarding the manner of reporting the application of these concepts, we believe that this should be done in a more unitary way, in order to ensure

  14. A review of Dutch corporate sustainable development reports

    NARCIS (Netherlands)

    Asif, Muhammad; Searcy, C.; dos Santos, Paulo; Kensah, D.K.

    2013-01-01

    There is increasing pressure on corporations for sustainability reporting. However, current patterns in corporate sustainability reporting are not well understood. Additional research is needed to identify the contents of current reports and to provide a basis for improvement. The aim of this

  15. A Case Study in Corporate Social Responsibility

    Directory of Open Access Journals (Sweden)

    Sharon K. Kendrick

    2014-03-01

    Full Text Available This case study promotes analysis through a brief investigation into the role of corporate social responsibility (CSR in the operation of a multinational corporation as evidenced by Google, Inc. The study focuses on a transnational company in order to observe the impact of CSR practice on a global level. The study will present implications of CSR for corporate management, corporate employees, state regulators, shareholders, and customers in general. In addition, the study will discuss consequences of poor CSR compliance for a multinational corporation. Questions for analysis include implications of CSR, employee retention, development of corporate culture, and evaluation of advantages and disadvantages of different CSR approaches. Upon conclusion of the study, suggestions are made for future collaborative efforts in corporate social responsibility as applied to psychological, sociological, and economical motives. Recruiting and training possibilities also present partnership opportunities for best practice sharing in regards to community, civic, and service engagement.

  16. Does Corporate Social Responsibility Shape the Relationship between Corporate Governance and Financial Performance?

    Directory of Open Access Journals (Sweden)

    Jaja Suteja

    2017-12-01

    Full Text Available The correlation between theoretical and empirical of corporate governance (CG and corporate financial performance (CFP is not there without controversy. This paper aims to determine the moderating effects of corporate social responsibility (CSR, on the relationship between corporate governance and corporate financial performance. The sample of this research are banking companies that are listed on Indonesia Stock Exchange between the period of 2010-2014, taken by using purposive sampling method. Moderated Regression Analysis (MRA analysis was used in this study. The results of this study indicate that corporate governance affects the company's financial performance positively. Aspects of corporate governance such as audit committees and number of board meetings have a positive relationship with financial performance, but there is no relationship from the aspect of independent board of commissioners. Furthermore, CSR can only strengthen the positive relationship between the number of board of commissioners’ meetings and the financial performance of the company. The frequency intensity of board of commissioners’ meetings can increasingly address corporate governance reforms by improving and realizing social responsibility as part of sustainability innovation by optimizing media and CSR reporting methods.

  17. Communicating Corporate Social Responsibility Performance of ...

    African Journals Online (AJOL)

    Communicating Corporate Social Responsibility Performance of Organisations: A Key to Winning Stakeholders' Goodwill. ... Journal Home > Vol 2, No 4 (2013) > ... Corporate social responsibility is an approach whereby a company considers the interests of all stakeholders, both within the organisation and in society and ...

  18. From Management Systems to Corporate Social Responsibility

    NARCIS (Netherlands)

    Zwetsloot, G.I.J.M.

    2003-01-01

    At the start of the 21st century, Corporate Social Responsibility (CSR) seems to have great potential for innovating business practices with a positive impact on People, Planet and Profit. In this article the differences between the management systems approach of the nineties, and Corporate Social

  19. The Corporate Stake in Social Cohesion

    Science.gov (United States)

    Oketch, Moses O.

    2005-01-01

    Corporate Social Responsibility (CSR) is a function that transcends, but includes, making profits, creating jobs, and producing goods and services. The effectiveness with which corporations perform this function determines their contribution (or lack of contribution) to social cohesion. This article therefore presents a discussion of some of the…

  20. Corporate Social Responsability and Organization Policy

    National Research Council Canada - National Science Library

    Nicoleta CRISTACHE; Irina SUSANU; Adrian MICU

    2011-01-01

    .... To work is to highlight the link between corporate social responsibility strategies and success in solving organizational policies company issues under restrictive conditions imposed by nouile economic, social and political.

  1. CORPORATE SOCIAL RESPONSIBILITY OF CROATIAN MARINAS

    National Research Council Canada - National Science Library

    Sara Klaric; Kristina Afric Rakitovac; Klara Trost Lesic

    2015-01-01

    .... In the modern business world, the significance of corporate social responsibility (CSR) is increasing. All marina businesses should, therefore, be measured based on their contribution to the economic progress, ecological quality and social capital...

  2. Online Privacy as a Corporate Social Responsibility

    DEFF Research Database (Denmark)

    Pollach, Irene

    2011-01-01

    Information technology and the Internet have added a new stakeholder concern to the corporate social responsibility agenda: online privacy. While theory suggests that online privacy is a corporate social responsibility, only very few studies in the business ethics literature have connected...... these two. Based on a study of corporate social responsibility disclosures, this article contributes to the existing literature by exploring whether and how the largest IT companies embrace online privacy as a corporate social responsibility. The findings indicate that only a small proportion...... of approaches to addressing privacy was found, which suggests that no institutionalization of privacy practices has taken place yet. The study therefore indicates that online privacy is rather new on the corporate social responsibility agenda, currently playing only a minor role....

  3. THE POLICY OF SOCIAL RESPONSIBILITY OF CORPORATE INDUSTRIAL BUSINESS

    OpenAIRE

    G. S. Merzlikina; T. U. Gribtsova

    2013-01-01

    Study of the content and limits of corporate social responsibility industrial business. Features of industrial business. Corporate social responsibility. The principles of cor-porate social responsibility policy of industrial business.

  4. Communicating Corporate Social Responsibility on Social Media: Strategies, Stakeholders, and Public Engagement on Corporate Facebook

    Science.gov (United States)

    Cho, Moonhee; Furey, Lauren D.; Mohr, Tiffany

    2017-01-01

    The purpose of this study was to explore what corporations with good reputations communicate on social media. Based on a content analysis of 46 corporate Facebook pages from "Fortune's" "World's Most Admired Companies," this study found that corporations communicate noncorporate social responsibility messages more frequently…

  5. Emerging strategic corporate social responsibility partnership initiatives in agribusiness

    DEFF Research Database (Denmark)

    Pötz, Katharina Anna; Haas, Rainer; Balzarova, Michaela

    2012-01-01

    Over the past 20 years the concept of Corporate Social Responsibility (CSR) has gained momentum in business practices and strategies. In the agribusiness sector, the need for CSR integration has recently triggered a number of private sector led initiatives that should contribute to sustainable...

  6. Stakeholder approach to corporate social responsibility: recipe for ...

    African Journals Online (AJOL)

    Corporate Social Responsibility (CSR) is a pathway to positive and sustainable engagement of business-stakeholders in general and its host community in particular, especially when the operations of such enterprise have a way of negatively impacting the environment or other interests of such a community. Empirical ...

  7. Balancing Profit and People: Corporate Social Responsibility in Business Education

    Science.gov (United States)

    Deer, Shannon; Zarestky, Jill

    2017-01-01

    This qualitative study's purpose was to evaluate how undergraduate business students' perspectives, skills, and behaviors evolved through corporate social responsibility (CSR) education taught with a focus on critical thinking and sustainable problem solving. Business schools are struggling to incorporate CSR into their curriculum despite interest…

  8. Business Ethics, Corporate Social Responsibility and Sustainability in management master programs : A qualitative study on the EQUIS-accredited business schools in four Nordic countries

    OpenAIRE

    Larsson, Linnéa; Massart, Catherine

    2009-01-01

    With today’s public debates concerning the environmental and social issues there is a need to educate the future business leaders how to run a business in a way that can contribute to sustainability and the protection of the world’s natural resources. Therefore, the aim of this study is to investigate to what extent management master programs at the EQUIS-accredited business schools in the Nordic countries include courses which address the concepts of Business Ethics, CSR and Sustainability. ...

  9. The Communications of Corporate Social Responsability

    Directory of Open Access Journals (Sweden)

    Mihaela Bucur

    2011-06-01

    Full Text Available This paper present the role and interaction between communication and Corporate Social Responsibility, strengtheningin the same time that communication it is a key factor to begin and keep a proper Sustainable Development strategy. The importance of communication is essential, taking in consideration the awareness in the interior and in the exterior of organization strategy, ethical, ecological and socio-economical objectives, since information regarding the impact of the company’s activities, products and services as well as regarding the impacts of changes that can supervene in time, can only be provided in this way. Since there are many ways to communicate regarding the actions of CSR, it is important to know what kind of messages and ideas can resonate with a certain audience, considering the stage in which the ISO 26000 standard’s development stands.

  10. Compatibility of Corporate Sustainability with a Cost Leadership Strategy

    OpenAIRE

    Bouvrain, Stanislas; Sarka, Darius

    2015-01-01

    BACKGROUND Exploring literature about corporate sustainability and cost leadership strategy and to study the collusion of the two concepts through the case of Ikea. AIM Researching whether firms can align corporate sustainability approach to doing business on the imperatives of a cost leadership strategy. The contribution aims to provide guidance on choosing appropriate sustainability activities within the context of cost leadership strategy. Furthermore, it should be noted that this paper se...

  11. The Role of Corporate Foresight in Promoting Sustainability

    DEFF Research Database (Denmark)

    Rohrbeck, René; Kallehave, Pernille

    2012-01-01

    In this article we want to give our answer to the question about if and how corporate foresight can increase the likelihood that we move toward sustainability – both on a company and a societal level. We propose a framework that links barriers to sustainability with corporate foresight methods...... that can be used to overcome these barriers and support the transition toward a more sustainable future....

  12. Intellectual capital and relational capital: The role of sustainability in developing corporate reputation Intellectual capital and relational capital: The role of sustainability in developing corporate reputation Intellectual capital and relational capital: The role of sustainability in developing corporate reputation

    Directory of Open Access Journals (Sweden)

    Ignacio Rodríguez del Bosque

    2013-01-01

    Full Text Available Purpose: Intellectual capital offers a potential source of sustainable competitive advantage and is believed to be the source from which economic growth may sprout. However, not many papers analyze the effect of sustainability in the elements involving intellectual capital. This paper seeks to highlight the key role played by corporate sustainability on corporate reputation as one of the key components of relational capital based on the knowledge-based theory.Design/methodology/approach: Authors develop a structural equation model to test the hypothesis. The study was tested using data collected from a sample of 400 Spanish consumers.Findings: The structural equation model shows that sustainability plays a vital role as antecedent of corporate reputation and relational capital. Findings suggest that economic, social and environmental domains of sustainability have a positive direct effect on corporate reputation. Additionally, this study shows that economic sustainability is considered to be the most important dimension to enhance corporate reputation.Research limitations/implications: The complicated economic environment currently experienced worldwide may affect the perceptions of Spanish consumers and their ratings. The crosscutting nature of this research inhibits an understanding of the variations in the perceptions of the customers surveyed over time, suggesting that this research could be expanded by a longitudinal study. Finally, the current study has been conducted with consumers of hotel companies in Spain and it is not clear in how far the findings can be generalized to other industries, stakeholders or countries.Practical implications: This research allows managers to identify the activities in which companies can devote resources to in order to increase firm´s reputation. By knowing these specific economic, social and environmental activities, companies can understand, analyze and make decisions in a better way about its sector and

  13. Social Sciences and Sustainability

    Directory of Open Access Journals (Sweden)

    Shu-Kun Lin

    2011-09-01

    Full Text Available At the time when the journal Sustainability [1] was launched, as a chemist and a scientist, I started to believe that social sciences may be more important to make humans sustainable. The broad journal title Social Sciences presents the opportunity for all social science scholars to have integrated consideration regarding the sustainability of humanity, because I am sure that science and technology alone cannot help. Science and technology may have in fact been contributing to accelerate the depletion of nonrenewable natural resources and putting human sustainability at risk since the industrial revolution about 150 years ago. I hope all intellectuals studying anthropology, archaeology, administration, communication, criminology, economics, education, government, linguistics, international relations, politics, sociology and, in some contexts, geography, history, law, and psychology publish with us to seek a solution to sustain humanity. Sustainability itself will also be a main topic of the journal Social Sciences. In addition to this integrated forum for social sciences, more topic specific journals, such as the already publishing Societies [2], will be launched. [...

  14. Driving Corporate Social Responsibility (CSR) through the ...

    African Journals Online (AJOL)

    Driving Corporate Social Responsibility (CSR) through the Companies Act : an Overview of the Role of the Social and Ethics Committee. ... Although governments realise the importance of encouraging socially responsible business, it should be noted that CSR should not replace regulation or legislation concerning social ...

  15. Corporate social responsibility and psychological contract: towards ...

    African Journals Online (AJOL)

    There is growing concern about the activities of business in society. Much attention is drawn to the changing nature of the relationship between corporations and society which has increased the demand for organisations to recognise their corporate social responsibility (CSR). This research explores an understanding of the ...

  16. The Corporate Value and Social Responsibility.

    Science.gov (United States)

    Lilly, Edward R.

    In the past two decades, corporate social responsibility has become a controversial issue which is usually responded to according to the management style of individual corporations. Three concepts of management style have developed. Profit maximization considers that money and wealth are most important, labor is a commodity to be bought and sold,…

  17. Corporate Social Responsibility in the Board Room

    DEFF Research Database (Denmark)

    Knudsen, Jette Steen; Geisler, Kathrine; Ege, Mette

    2013-01-01

    When do board directors pay attention to corporate social responsibility (CSR) issues? Board directors have traditionally focused on maximizing shareholder profit and viewed corporate governance narrowly as a way to meet this goal. They have paid little or no attention to CSR issues because...

  18. Examining the Relationship between Corporate Social ...

    African Journals Online (AJOL)

    Hence, firms should recognize and instill CSR initiatives into their corporate culture and business operations because increases in CSR investments can lead to higher CFP while balancing the needs of their internal and external stakeholders. Keywords: Corporate Social Responsibility, Financial Performance, ROA, ROE, ...

  19. ISO 26000 – An Integrative Approach of Corporate Social Responsibility

    Directory of Open Access Journals (Sweden)

    Herciu Mihaela

    2016-04-01

    Full Text Available ISO 26000 represents a guidance on corporate social responsibility and it is, at the present time, one of the most important document on CSR in the world. Without being mandatory or regulated, ISO 26000 is focus on seven core subjects that have to be approached synergistic – governance, human right, labor, environment, business practices, consumer, and community – in order to achieve its goal. The present paper intends to present and analyze the seven core subjects of ISO 26000 from tow perspectives: by emphasizing the benefits of implementing the standard into the business strategy and by revealing the correlation between corporate social responsibility and sustainable development.

  20. The Communications of Corporate Social Responsability

    National Research Council Canada - National Science Library

    Mihaela Bucur; Sorina Moica; Raluca Fărcaş

    2011-01-01

    This paper present the role and interaction between communication and Corporate Social Responsibility, strengtheningin the same time that communication it is a key factor to begin and keep a proper...

  1. Earnings Management and Corporate Social Responsibility

    National Research Council Canada - National Science Library

    Benjamin Uyagu; Alexander Olawumi Dabor

    2017-01-01

    .... Reliability is the accountant’s terminology for integrity of financial statements. This study focused on the impact of Corporate Social Responsibility on earnings management in the Nigerian manufacturing sectors...

  2. Rhetoric and realities of corporate social responsibility

    NARCIS (Netherlands)

    Smid, H.

    2014-01-01

    Corporate social responsibility (CSR) is often considered as an alternative for direct government regulation to internalize externalities on markets. Especially in a complex economically liberated and globalized world order, in which direct government regulation and centrally creating new markets

  3. CORPORATE SOCIAL RESPONSIBILITY: OPTIONAL OR REGULATORY

    Directory of Open Access Journals (Sweden)

    MIHAELA IRINA IONESCU

    2012-05-01

    Full Text Available Given the collateral activity developed and the economic background of the present author I took the approach of a topic that includes aspects from both fields, namely “Corporate Social responsibility- optional or regulatory”. Through the paper I will try to summarize the pros and cons of regulation, mandatory of corporate social responsibility and to review, present the ways in which countries with advanced economies in European Union and the EU itself have addressed this issue.

  4. Sustainable bonuses: Sign of corporate responsibility or window dressing?

    NARCIS (Netherlands)

    Kolk, A.; Perego, P.

    2014-01-01

    Despite a strong plea for integrating sustainability goals into traditional corporate bonus schemes, a comprehensive implementation of these systems has been lacking until recently. This article explores four illustrative cases from the Netherlands, where several multinationals started to pioneer

  5. Corporate Social Responsibility: Consumer Behavior, Corporate Strategy, and Public Policy

    National Research Council Canada - National Science Library

    Kreng, Victor B; Huang, May-Yao

    2011-01-01

    ... as "the consumers' impression of the corporation itself, corporate product marketing, and the services provided by the corporation". Corporate image is thus the consumers' subjective overall assessment of the corporation. Some marketing experts believe that the role corporations play in the wider society will help build their corporate image. ...

  6. Lessons on corporate "sustainability" disclosure from Deepwater Horizon.

    Science.gov (United States)

    Lewis, Sanford

    2011-01-01

    The BP oil spill highlighted shortcomings of current financial and sustainability reporting standards and practice. "Integrated reporting" aims to combine financial and social/environmental information into a single annual corporate report. But without more stringent standards, integrated reports would neglect substantial risks and, as BP's sustainability reports demonstrate, create false impressions of good practice.To be of value, integration must: 1. Require timely disclosure of enforcement notices, orders and allegations issued by regulators. 2. Require disclosure of credible scientific reports and concerns indicative of potentially catastrophic risks of a company's products and activities, regardless of scientific uncertainty. 3. Require review and disclosures of a firm's safety culture. 4. Require disclosure of any facts or circumstances needed to ensure that the management's self-portrait of its sustainability strategies, goals and progress is not materially misleading.In conducting its misleading reporting, BP largely followed Global Reporting Initiative (GRI) guidelines. GRI is soliciting input, beginning in summer 2011, on how to revise those guidelines. Since GRI may prove a leading source for sustainability disclosure rules in integrating reporting, lessons learned from the BP experience must be applied to the next GRI revisions.

  7. Corporate Social Responsibility in the Hospitality Sector

    Directory of Open Access Journals (Sweden)

    Manisha Singal

    2017-02-01

    Full Text Available With its large footprint in terms of employment and consumption of natural resources, the hospitality is often at the forefront of social responsibility practices. From environmental to social causes, brands must make sure that their corporate social responsibility practices are both genuine and align with business strategy.

  8. Corporate Social Responsibility und Facility Management

    Directory of Open Access Journals (Sweden)

    Redlein, Alexander

    2015-01-01

    Full Text Available Corporate Social Responsibility is gaining more and more importance. The stakeholders of companies are demanding sustainability to be incorporated. In addition, the European Union was setting several steps to support the incorporation of CSR in European companies. According to the EU-guideline 2014/95/EU companies within specific sectors and more than 500 full time equivalents have to add their CSR reporting in their yearly financial reporting from 2017 on. These developments increase the number of CSR reports published. But a lot of companies are lacking detailed goals and action plan to reach these goals. They have not realized that their internal Facility Management can help them in this area, as the responsibilities of the FM department and of sustainability are overlapping to a large extend. This paper analyses more the 100 CSR reports to define the most common CSR goals. In a next step it compares them with the tasks defined as FM responsibilities to define the overlapping.

  9. Corporate Social Responsibility in Business-to-Business Marketing : Case Outokumpu Oyj

    OpenAIRE

    Volotinen, Niina

    2012-01-01

    Corporate Social Responsibility and sustainable behavior are increasingly important for all companies. Corporate social responsibility includes economic, social, and environmental responsibilities. Green marketing and sustainability marketing has built theories on combining responsible behavior and marketing. However, majority of the studies focuses on customer markets, whereas the case company, Outokumpu Oyj, a global stainless steel producer operates in business-to-business –market. Th...

  10. Determination of Economic Indicators in the Context of Corporate Sustainability Performance

    Directory of Open Access Journals (Sweden)

    Marie Pavláková Dočekalová

    2015-03-01

    Full Text Available This article is focused on determination of the most significant economic indicators influencing corporate sustainability performance. Corporate sustainability performance is a multidimensional concept based on the original idea of sustainable development, replacing the traditional understanding of corporate performance only as capital appreciation for owners (shareholders. Compared to the original concept of sustainable development which consists of environmental, social and economic performance, the so-called triple-bottom-line, it is broaden to the responsibilities and the impact of Corporate Governance on the corporate performance. The basic set of economic indicators has been constructed from a synthesis of resources developed by international organizations (Global Reporting Initiative, International Federation of Accountants and research among manufacturing companies in the Czech Republic. The basic set of twenty-five key indicators is divided into seven groups: Costs, Investments, Economic Results, Asset & financial resources utilization, Suppliers reliability, Penalties and R&D expenses. Basic set of indicators was presented to 23 top-managers who quantified the potential effect of each indicator to the success and sustainability of their companies. Through the methods of descriptive statistics knowledge of the particularities of each indicator was obtained. Correlation analysis and factor analysis were applied in order to eliminate information duplicity and dimensionality reduction. The result is a reduction in the number of economic indicators, so that the loss of information on the influence of the original indicators on the corporate sustainability is minimized. Corporate sustainability indicators are a tool for measuring and managing progress towards sustainability goals and environmental, social and economic impacts.

  11. Corporate social responsibility audit: Theoretical aspects

    Directory of Open Access Journals (Sweden)

    Artem Koldovskyi

    2015-08-01

    Full Text Available This paper puts a conceptual framework to outline research for corporate social responsibility (CSR audit based on the analysis of current CRS literature and audit models as implementation of CSR. It is intended to make clear the phenomena about the relationship between audit, implementation of business ethics principles and corporate governance. However, most studies do not take into account modify CSR audit. This paper reports part of a research we carried out on the theoretical interpretation of the corporate social responsibility audit. This paper examines the corporate social responsibility audit as a composition of four categories - management system audits, on-site audits, verbal probability expressions (VPE audits and technology audits. The paper concludes suggests to systematize multiple audits so that they can be conduct in three types of audits - environmental management audits covering in-house companies, environmental technology audits of products, and environmental audits of sites, including non-manufacturing sites and non-consolidated subsidiaries.

  12. Corporate communication and impression management - New perspectives why companies engage in corporate social reporting

    NARCIS (Netherlands)

    Hooghiemstra, R

    This paper addresses the theoretical framework on corporate social reporting. Although that corporate social reporting has been analysed from different perspectives, legitmacy theory currently is the dominating perspective. Authors employing this framework suggest that social and environmental

  13. Involving Corporate Functions: Who Contributes to Sustainable Development?

    Directory of Open Access Journals (Sweden)

    Stefan Schaltegger

    2014-05-01

    Full Text Available A large body of literature claims that corporate sustainable development is a cross-functional challenge, which requires all functional units to be involved. However, it remains uncertain to what extent and in which way different corporate functions are actually involved in corporate sustainability management. To bridge this research gap, our paper draws on a concept of involvement introduced in the field of consumer behavior. Based on this previous research, our paper distinguishes two components of involvement: first, a cognitive-affective component, incorporating being affected by sustainability issues and being supportive of corporate sustainability; and second, a behavioral component, represented by the application of sustainability management tools. We use this concept to empirically analyze the involvement of corporate functions in sustainability management and find considerable differences in large German companies. Whereas public relations and strategic management are heavily involved, finance, accounting and management control appear not to be involved. A multinomial logistic regression shows that the cognitive-affective component significantly influences the behavioral component, with a functional unit being affected influencing the application of tools the most. Building on the model proposed, the paper provides implications on how to increase a functional unit’s involvement in sustainability management.

  14. CORPORATE SOCIAL RESPONSIBILITY VERSUS TAX AVOIDANCE PRACTICES

    Directory of Open Access Journals (Sweden)

    Stoian Ciprian-Dumitru

    2012-07-01

    Full Text Available Worldwide crisis has made multinational companies that are engaged in corporate social responsibility actions to manage their businesses through the lens of various tax avoidance practices. The content of this paper is important due to the fact that tries to identify the impact in case of companies active in corporate social responsibility actions versus their tax structures orientation. Corporate social responsibility literature did not paid enough attention on the impact of the tax avoidance practices of companies. Tax, as a concept, brings in itself an important corporate financial impact with subsequent effects for the life of multiple citizens in countries where private entities are operating. Even though companies are usually expressing their ethical and responsible conduct in respect of the social environment, there are many cases when the business practices were not aligned with the declared corporate behavior. This paper seeks firstly to examine whether companies engaged in tax avoidance practices (ex. offshore tax havens consider that continue to act socially responsible. Secondly, the paper examines the influence on attending the stakeholders’ goals for those companies practicing tax avoidance and its implications on corporate social responsibility actions. Moreover, the paper focuses also on the aspects described before from the perspective of the corporate entities operating in Romania. This paper’s intention is to use and to develop the results of previous research carried out by Lutz Preus (University of London and, subsequently, by Senators Levin, Coleman and Obama in their “Stop Tax Haven Abuse Bill”. The implications and the objectives of this material are to highlight, to identify and to spot clearly the relations and the influences of the tax haven practices of corporations versus their undertaken social responsibility actions. Moreover, this paper brings a fresh perspective of this topic from the

  15. Ecological Modernization and Corporate Social Responsibility

    Directory of Open Access Journals (Sweden)

    Naira Tomiello

    2012-06-01

    Full Text Available This article discusses the role of social and environmental enterprises revealed in the concept of Corporate Social Responsibility (CSR and analyzed in the light of Ecological Modernization Theory (TME.The overall objective of this study is to understand CSR from the perspectiveof TME through more detailed research of a CSR program called  Clube dos Produtores [Producers Club].This program aims to influence the supply chain to adopt responsible and sustainable practices, and seeks to strengthen the small and medium producers through structured actions, such as training, qualification, and inspection, stimulating quality, innovation and productivity growth. It is conducted in parallel, in Portugal, by the Rede Sonae de Distribuição and, in Brazil, by Walmart Company. The data collection included both Countries. In Portugal, the Clube dos Produtores has emerged to combine the synergy between distribution and production and promote the development of domestic production. It takes the environment as the genesis for its creation, maintains a nationalist approach by encouraging the consumption of domestic products, and recognizes consumer pressure as the force for continuous innovation of products and services. In addition, it reconciles tradition and modernity through products supported by different generations. In Brazil, the Club is founded on the sustainability discourse; the customer awareness about environmental issues was not captured in the research; the producers innovations result from their own initiatives to participate in fairs or from direct contact with consumers; the dialogue between tradition and modernity occurs primarily through the entrepreneurial capacity of the producers and less direct intervention by Walmart.

  16. Application of Life Cycle Assessment for Corporate Sustainability : Integrating environmental sustainability in business for value creation

    NARCIS (Netherlands)

    Manda, B.M.K.

    2014-01-01

    The main objective of this research is to make a contribution to bridge the gap between sustainability science and business management by improving the integration of sustainability in core business of corporations. The core business of corporations is to provide products and services to meet

  17. Social Movements, Civil Society and Corporations

    DEFF Research Database (Denmark)

    de Bakker, Frank; Hond, Frank den; King, Brayden

    2013-01-01

    The relationships between social movements and civil society on the one hand, and the corporate world on the other hand, are often shaped by conflict over the domination of economic, cultural and social life. How this conflict plays out, in current as well as in historical times and places......, is the central question that unites the papers in this special issue. In this essay, we review the differences and points of contact between the study of social movements, civil society and corporations, and offer an agenda for future research at this intersection that also frames the papers in the special issue...

  18. Corporate Social Responsibility, Reputation, and Moral Communication

    DEFF Research Database (Denmark)

    Schultz, Friederike

    2013-01-01

    Conditions and notions of corporate reputation underwent in the last years a fundamental change. Economic and technological processes of globalization, modernization, and rationalization enforced the institutionalization of corporate social responsibility (CSR) in the corporate world. It is often...... that CSR is a symbolically mediated, communicative event, which, based on the underlying dynamics of moral communication, does not simply produce reputation, but also result in dysfunctional effects....... and critically discusses insights from instrumental perspectives and from political-normative perspectives (legitimacy, business ethics). It alternatively develops a constructivist communication view on CSR, building on the “communication constitutes organizations” perspective and a non-dualist turn. It argues...

  19. Connecting Corporate and Consumer Social Responsibility Through Social Media Activism

    DEFF Research Database (Denmark)

    Kampf, Constance Elizabeth

    2018-01-01

    Responsibility (CnSR) and Corporate Social Responsibility (CSR). Taking this view as a basis for social activism offers a valuable perspective for understanding some emergent forms of social media activism towards business. Two cases of social media ‘native’ social activist organizations working to create...

  20. THE ROLE OF HUMAN RESOURCES IN PROMOTING THE CORPORATE SOCIAL RESPONSABILITY

    OpenAIRE

    IOAN PASTOR; CAMELIA-OLIVIA ILIES

    2011-01-01

    In a global economy, organizations have the responsibility to demonstrate and promote corporate social responsibility. Long-term sustainability demands that organizations rethink their business goals and objectives from focusing on making a profit to corporate citizenship. Human resource managers play a critical role – that of leading and educating their companies regarding the importance of corporate social responsability while at the same time strategically implementing healthy management p...

  1. Corporate Social Responsibility and Shareholder Proposals

    NARCIS (Netherlands)

    Eding, Erwin; Scholtens, Bert

    2017-01-01

    We study how corporate social responsibility relates to investors, firms, and shareholder proposals. We examine shareholder proposals on environmental, social, and governance issues at the annual general meeting of shareholders with US Fortune 250 firms during 2011-2014. We find that the probability

  2. corporate social responsibility and psychological contract

    African Journals Online (AJOL)

    Global Journal

    2017-07-04

    Jul 4, 2017 ... business practices. This is borne from the assertion by Crane and Matten (2010) that business should contribute to solving social problems which may be caused by their activities. (such as ... recognizes the importance of corporate social responsibility ... activities that hinge on ethical considerations of.

  3. Corporate Social Responsibility and Shareholder Proposals

    NARCIS (Netherlands)

    Eding, Erwin; Scholtens, Bert

    2017-01-01

    We study how corporate social responsibility relates to investors, firms and shareholder proposals. We examine shareholder proposals on environmental, social, and governance issues at the annual general meeting of shareholders with US Fortune 250 firms during 2011-2014. We find that especially the

  4. Corporate Social Responsibility and Profit Maximizing Behaviour

    OpenAIRE

    Becchetti, Leonardo; Giallonardo, Luisa; Tessitore, Maria Elisabetta

    2005-01-01

    We examine the behavior of a profit maximizing monopolist in a horizontal differentiation model in which consumers differ in their degree of social responsibility (SR) and consumers SR is dynamically influenced by habit persistence. The model outlines parametric conditions under which (consumer driven) corporate social responsibility is an optimal choice compatible with profit maximizing behavior.

  5. corporate social responsibility and psychological contract

    African Journals Online (AJOL)

    Global Journal

    2017-07-04

    Jul 4, 2017 ... (2): 237-241. doi:10.2307/259079. Ejumudo, K., Edo, Z., Avweromre, L and Sagay, J.,. 2012. Environmental issues and corporate social responsibility(CSR) in Nigeria. Niger Delta region: the need for a pragmatic approach. Journal of Social. Science and Public Policy, 4, 1-21. Evuleocha, S. U., 2005.

  6. Does sustainability practices, corporate governance and social responsibility affect risk and return of investments? Práticas de Sustentabilidade, Governança Corporativa e Responsabilidade Social afetam o risco e o retorno dos investimentos?

    Directory of Open Access Journals (Sweden)

    Bruno Milani

    2013-03-01

    Full Text Available This article aims to verify whether the investments in companies with better practices of Corporate Social Responsibility, Corporate Governance and Sustainability presents performance differences in relation to investments in companies that represent the market. To this end, we analyzed the series of daily returns of Ibovespa, IGC, IGCT, ISE and ITAG through GARCH model and mean differences tests. The results show that the conditional volatility of the differentiated practices indexes is significantly smaller than the Ibovespa volatility, although the correlation between the returns is very high. Besides that, the Sharpe Index (1966 of the better practices indexes shows that their return per unit of risk is significantly higher than Ibovespa’s. Thus, in general, it is possible to conclude that investments in different practices constitute a less risky and more profitable alternative to the investor.DOI: 10.5902/198346596946O presente artigo tem como objetivo verificar se os investimentos em empresas com melhores práticas de Responsabilidade Social Empresarial, Governança Corporativa e Sustentabilidade apresentam diferenças quanto à performance em relação a investimentos nas empresas que representam o mercado. Para tanto, foram analisadas as séries de retornos diários dos índices Ibovespa, IGC, IGCT, ISE e ITAG através do modelo GARCH e de testes não paramétricos de diferença de média. Os resultados demonstram que a volatilidade condicional dos índices de práticas diferenciadas é significativamente menor do que a volatilidade do índice Ibovespa apesar da correlação entre os retornos ser muito alta. Além disso, o Índice de Sharpe (1966 demonstrou que o retorno por unidade de risco é significativamente superior para os índices de melhores práticas, em relação ao Ibovespa. Assim, de uma maneira geral, é possível concluir que os investimentos em empresas com melhores práticas constituem uma alternativa menos arriscada

  7. CORPORATE SOCIAL RESPONSIBILITY - AN EUROPEAN APPROACH THROUGH THE TOURISM SME'S PERSPECTIVES

    National Research Council Canada - National Science Library

    Gabriela Tigu; Delia Popescu; Remus Ion Hornoiu

    2016-01-01

    .... We consider that Corporate Social Responsibility in tourism industry is still searching for consistency in policies, programs and practices and responds to issues particularly related to sustainable tourism principles...

  8. Corporate Social Responsability – an European Approach through the Tourism SME’s Perspectives

    National Research Council Canada - National Science Library

    Gabriela Ţigu; Delia Popescu; Remus Ion Hornoiu

    2016-01-01

    .... We consider that Corporate Social Responsibility in tourism industry is still searching for consist ency in policies, programs and practices and responds to issues particularly related to sustainable tourism principles...

  9. Does R&D investment under corporate social responsibility increase firm performance?

    National Research Council Canada - National Science Library

    Yu-Chun Lin

    2017-01-01

    .... The author focuses on firms that have earned corporate social responsibility awards from Global Views Magazine, Common Wealth Magazine, and the Taiwan Institute for Sustainable Energy in order to measure firms...

  10. Communicating Sustainability: An Operational Model for Evaluating Corporate Websites

    Directory of Open Access Journals (Sweden)

    Alfonso Siano

    2016-09-01

    Full Text Available The interest in corporate sustainability has increased rapidly in recent years and has encouraged organizations to adopt appropriate digital communication strategies, in which the corporate website plays a key role. Despite this growing attention in both the academic and business communities, models for the analysis and evaluation of online sustainability communication have not been developed to date. This paper aims to develop an operational model to identify and assess the requirements of sustainability communication in corporate websites. It has been developed from a literature review on corporate sustainability and digital communication and the analysis of the websites of the organizations included in the “Global CSR RepTrak 2015” by the Reputation Institute. The model identifies the core dimensions of online sustainability communication (orientation, structure, ergonomics, content—OSEC, sub-dimensions, such as stakeholder engagement and governance tools, communication principles, and measurable items (e.g., presence of the materiality matrix, interactive graphs. A pilot study on the websites of the energy and utilities companies included in the Dow Jones Sustainability World Index 2015 confirms the applicability of the OSEC framework. Thus, the model can provide managers and digital communication consultants with an operational tool that is useful for developing an industry ranking and assessing the best practices. The model can also help practitioners to identify corrective actions in the critical areas of digital sustainability communication and avoid greenwashing.

  11. Corporate Social Responsibility in a Hospitality Organisation

    DEFF Research Database (Denmark)

    Justenlund, Anders; Rebelo, Sofia

    The intention of this work in progress paper is to provide an understanding of corporate social responsibility with a particular focus on social issues in relation to human resource management. The understanding of CSR shall be used to create a theoretical analytical framework that will provide...... how CSR is practiced by corporations, in order to provide a deeper understanding of the human interaction that affect how the individual person perceive CSR. The CSR discussion is followed by methodological reflections on how interpretation of future empirical data should be conducted. A hermenutical...

  12. Of Social Engineers & Corporate Espionage Agents

    DEFF Research Database (Denmark)

    Yeboah-Boateng, Ezer Osei

    2013-01-01

    indicate that financial and ICT oriented SMEs are mostly targeted, and the impact range from loss of sensitive data, loss of corporate resources, loss of market share as well as loss of customer and investor confidence. Since most social engineers capitalize on the end-user vulnerabilities and their sense......The purpose of this study is to create the awareness of cyber-security threats due to social engineers and corporate espionage agents, and to offer some mitigation measures aimed at minimizing the impact of insider attacks on SMEs in developing economies. Loyal and trusted employees can pose...

  13. Sustainability and business: what is green corporate image?

    Science.gov (United States)

    Bathmanathan, Vathana; Hironaka, Chikako

    2016-03-01

    Green corporate image is reckon to be the driving factor in the current business setups. Stakeholder’s green perception of the firm encourages growth of businesses. Organisation is moving from conventional businesses to running businesses with sustainable agenda that creates values to their brand. This paper analyses several green corporate image initiatives and concepts by various researches and shares how this can be essential for business.

  14. Exploring the Relationship Between Business Model Innovation, Corporate Sustainability, and Organisational Values within the Fashion Industry

    DEFF Research Database (Denmark)

    Pedersen, Esben Rahbek Gjerdrum; Gwozdz, Wencke; Hvass, Kerli Kant

    2016-01-01

    The objective of this paper is to examine the relationship between business model innovation, corporate sustainability, and the underlying organisational values. Moreover, the paper examines how the three dimensions correlate with corporate financial performance. It is concluded that companies...... with innovative business models are more likely to address corporate sustainability and that business model innovation and corporate sustainability alike are typically found in organisations rooted in values of flexibility and discretion. Business model innovation and corporate sustainability thus seem to have...

  15. Exploring Consumer Associations between Corporate Reputation, Corporate Sustainability and Product Attributes within Utilitarian Market Contexts

    OpenAIRE

    Garry, Tony; Harwood, Tracy

    2016-01-01

    Much of the extant literature proposes that contemporary motivated consumers assess, evaluate and differentiate firms based not only on their corporate reputation (CR), but also on their corporate sustainability (CS) strategy. However, research that examines the interrelationship and cognitive associations between CR, CS strategy and a firm’s product attributes among consumer stakeholders remains scant. To address this gap, we take a holistic perspective that draws on pertinent literature to ...

  16. DRIVING CORPORATE SOCIAL RESPONSIBILITY (CSR ...

    African Journals Online (AJOL)

    henk

    through transparent and ethical behaviour that contributes to sustainable development, health and the welfare of society; takes into account the expectations of stakeholders; is in compliance with applicable law and consistent with international norms of behaviour; and is integrated throughout the organization and practised ...

  17. “Triple Bottom Line” as “Sustainable Corporate Performance”: A Proposition for the Future

    Directory of Open Access Journals (Sweden)

    Hasan Fauzi

    2010-05-01

    Full Text Available Based upon a review of corporate performance, corporate financial performance and corporate social performance, we propose that the concept of “triple bottom line” (TBL as “sustainable corporate performance” (SCP should consist of three measurement elements, namely: (i financial, (ii social and (iii environmental. TBL as SCP is proposed to be derived from the interface between them. We also propose that the content of each of these measurement elements may vary across contexts and over time. Furthermore, TBL as SCR should be interpreted to be a relative concept that is dynamic and iterative. Continuous monitoring needs to be performed, adapting the content of the measurement elements to changes that evolve across contexts and over time in the marketplace and society. TBL as SCP may be seen as a function of time and context.

  18. Multinational Oil Companies and Corporate Social Responsibilities ...

    African Journals Online (AJOL)

    Therefore, this study examines multinational oil companies and corporate social responsibilities with particular reference to host communities' experience. An accessible population of ten (10) communities in Bayelsa State was studied. Primary and secondary data were used and analyzed using tables, percentage, average, ...

  19. Universities and Corporate Social Responsibility Performance: An ...

    African Journals Online (AJOL)

    The paper examines the need for universities to carry out corporate social responsibility programmes. Two theories were used as theoretical framework for the study (stakeholder's theory and uncertainty reduction theory). The qualitative research method was used as the research method while personal interview was used ...

  20. Corporate Social Responsibility and the Millennials

    Science.gov (United States)

    McGlone, Teresa; Spain, Judith Winters; McGlone, Vernon

    2011-01-01

    The incorporation of corporate social responsibility (CSR) into an organization's strategic plan may impact the company's ability to attract and keep members of the Millennial generation as employees. The authors examined the CSR attitudes of college students and the correlation of these attitudes with willingness to work for companies that…

  1. Corporate Social Responsibility in a Danish Context

    DEFF Research Database (Denmark)

    Holt, Helle

    This paper describe and discuss how and why in a country with a welfare state, the debate of corporate social responsibility (CSR) has begun. In other countries like USA, CSR is discussed on the basis of the imperfections of the market, in Denmark CSR is discussed on the basis of what could...

  2. Pluralism in political corporate social responsibility

    NARCIS (Netherlands)

    Mäkinen, J.; Kourula, A.

    2012-01-01

    Within corporate social responsibility (CSR), the exploration of the political role of firms (political CSR) has recently experienced a revival. We review three key periods of political CSR literature—classic, instrumental, and new political CSR—and use the Rawlsian conceptualization of division of

  3. On the foundations of corporate social responsibility

    NARCIS (Netherlands)

    Liang, Hao; Renneboog, Luc

    Using corporate social responsibility (CSR) ratings for 23,000 companies from 114 countries, we find that a firm's CSR rating and its country's legal origin are strongly correlated. Legal origin is a stronger explanation than “doing good by doing well” factors or firm and country characteristics

  4. Gender, Business Ethics, and Corporate Social Responsibility

    DEFF Research Database (Denmark)

    Grosser, Kate; Moon, Jeremy; Nelson, Julie A.

    2017-01-01

    This article reviews a conversation between business ethicists and feminist scholars begun in the early 1990s and traces the development of that conversation in relation to feminist theory. A bibliographic analysis of the business ethics (BE) and corporate social responsibility (CSR) literatures ...

  5. Corporate Social Responsibility and Labour Agency

    DEFF Research Database (Denmark)

    Lund-Thomsen, Peter; Coe, Neil M.

    2015-01-01

    This article examines the circumstances under which corporate social responsibility (CSR) initiatives facilitate and/or constrain labour agency in global production networks (GPNs). Using a case study of Nike’s CSR approach in the football manufacturing industry of Pakistan, we explore the extent...

  6. Community Reaction to Corporate Social Responsibility ...

    African Journals Online (AJOL)

    Multinational companies in Zimbabwe initiate and finance community projects through private partnership but the active involvement of beneficiaries in Corporate Social Responsibility (CSR) programmes projects so that the felt needs of local communities are met has been queried. The study sought to analyse school ...

  7. Competition, Time Horizon and Corporate Social Performance

    NARCIS (Netherlands)

    Graafland, J.J.; Smid, H.

    2013-01-01

    Abstract: This paper develops and tests a conceptual framework on the relationships between competition, time horizon and corporate social performance (CSP). We hypothesize that more intense competition discourages CSP by lowering the time horizon of companies. We test the hypothesis on a sample of

  8. Access to Finance and Corporate Social Responsibility

    DEFF Research Database (Denmark)

    Rusinova, Vanya; Wernicke, Georg

    We provide causal evidence that investments into Corporate Social Responsibility (CSR) are affected by firms’ prior financial performance. More precisely we argue and test for a causal link between changes in firms’ cost of internal financing and CSR. To establish causality, we make use...

  9. Business Students' Perceptions of Corporate Social Responsibility

    Science.gov (United States)

    Fitzpatrick, Julie

    2013-01-01

    Corporate social responsibility (CSR) is a key element of today's Business school curricula. Proponents of CSR have argued that a business has an obligation to balance the interests of its many stakeholders. Critics of CSR, however, have argued that a business has an obligation only to its owners--its shareholders. In this paper I examined the…

  10. Community Reaction to Corporate Social Responsibility ...

    African Journals Online (AJOL)

    Nneka Umera-Okeke

    Abstract. Multinational companies in Zimbabwe initiate and finance community projects through private partnership but the active involvement of beneficiaries in Corporate Social. Responsibility (CSR) programmes projects so that the felt needs of local communities are met has been queried. The study sought to analyse ...

  11. Company learning about corporate social responsibility

    NARCIS (Netherlands)

    Cramer, J.M.

    2005-01-01

    This article analyses the learning experiences gained by 19 Dutch companies when implementing the concept of corporate social responsibility in their own business practices. It is concluded that learning processes took place at individual level and, in certain cases, at group level. Learning at

  12. Corporate ethic policy

    OpenAIRE

    Хадарцева, Лариса; Кайтмазов, Владимир

    2014-01-01

    The article deals with the general concept of business ethics, a corporate code of ethics and corporate social responsibility. Corporations take pains to promote sustainability through codes of ethics and their efforts are positively received by consumers.

  13. Corporate Environmental Sustainability in Danish SMEs

    DEFF Research Database (Denmark)

    Reyes-Rodríguez, Juan Felipe; Ulhøi, John P.; Madsen, Henning

    2016-01-01

    While industry leaders proactively address environmental issues as an integrated part of corporate strategy, small and medium enterprises (SMEs) often perceive it as a means of cost reduction. The aim of this paper is to track the development of motivators, environmental initiatives...... lower costs and a differentiation dimensions of competitive advantage. The study also shows that over managerial attitudes, strategic intent has been the main driver when adopting such initiatives. Furthermore, we found that despite some differences between small and medium-sized firms in terms...

  14. Enviromental responsability and corporate social responsability

    OpenAIRE

    Jesús Marí Farinós

    2015-01-01

    The environmental management of companies and organizations in general is going to be internalized in the operation and management structures, linking conceptual and chronologically to improve corporate reputation, management excellence, knowledge and innovation. Embracing, undoubtedly too, with the assumption of an ethical commitment of the company to society: environmental sustainability and generational solidarity in the transmission of culture and values of that nature. The existing need ...

  15. Construction of corporate social performance indicators for Czech manufacturing industry

    Directory of Open Access Journals (Sweden)

    Marie Dočekalová

    2013-01-01

    Full Text Available This article aims to map out the level of social performance measurement of Czech companies, i.e. what social performance indicators companies monitor and what information they provide to their stakeholders and to construct alternative corporate social performance indicators. Based on an analysis of 24 corporate voluntary reports and results of an empirical research performed among 79 large companies operating in the manufacturing industry, it was found that companies partially monitor their social performance, but from the perspective of international standards (e.g. Global Reporting Initiative, International Federation of Accountants it is still insufficient. Czech companies usually provide only absolute numbers which disguise real trends and do not allow year on year comparison or comparison with other companies. Czech companies should provide a comprehensive picture of their overall performance, they should not focus only on financial indicators based on accounting data, since it is known that the performance measurement based only on financial and economic performance does not lead to long-term success and sustainability of organizations. Companies should monitor more their impact on society within which they operate. Proposed corporate social performance indicators in a measurable and thus manageable way express social issues.

  16. Corporate Strategy And The Social Networking Phenomena

    OpenAIRE

    Johnson, Robert L.

    2011-01-01

    The Social Networking (SN) phenomena has developed relatively overnight and is continuing to develop at an exponential pace. It allows for innovative new methods of disseminating and collecting information in ways never before dreamed possible by corporate executives. The rise of Social Networking is becoming a disruptive technology for traditional marketing and advertising medium such as radio, television, web page, and print media, creating new business opportunities for the entrepreneur w...

  17. Corporate Social Responsibility; Learnt rather than Imposed

    DEFF Research Database (Denmark)

    Justenlund, Anders; Rebelo, Sofia

    The intention of this paper is to provide an alternative understanding of corporate social responsibility with a particular focus on social issues in relation to human resource development through an understanding of workplace learning for low educated employees. A theoretical understanding of CSR...... is to provide a perspective on the positive social processes that lower level employees (middle management/employees) undergo when working according to CSR-principles, based on social motives and behaviour, combined with an introduction to the learning intentions of low educated employees at lower...

  18. Relationship between the Disclosure of Sustainability with the Corporate Governance: A Study in Companies Listed in Ibrx-100

    Directory of Open Access Journals (Sweden)

    Emanoel Truta do Bomfim

    2015-04-01

    Full Text Available The aim of this study was to investigate the relationship between the disclosure of sustainability with some features of corporate governance in publicly traded Brazilian firms. The characteristics of corporate governance studied were duality of CEO, level corporate governance, sustainability committee, independent directors, influences of the community, board interlocking and family management. The analysis was based in a sample of the 76 companies listed in IBRX-100 BM&FBovespa that were followed during the period 2009-2011. The technique of content analysis was used in corporate reports, financial statements and reports and social sustainability of the firms investigated in order to measure the level of disclosure of sustainability. The panel data model with fixed and random effects was used to assess the relationship between the disclosure of sustainability with the characteristics of the corporate governance of the companies investigated. The results show that the family administration, the age of the company, the influence of community, sustainability committee, the size and performance have positive effect on the disclosure of sustainability. However, participation in New Market (NM corporate governance of BM&FBovespa was negatively related to the level of sustainability disclosure, demonstrating that the insertion at this level differentiated corporate governance does not seem to influence the disclosure by enterprises investigated.

  19. Corporate Social Responsibility and Managing Ethical Culture

    Directory of Open Access Journals (Sweden)

    Yeney Widya Prihatiningtias

    2012-04-01

    Full Text Available This essay argues that the promotion of Corporate Social Responsibility (CSR and ethical business conduct is very important. CSR nowadays has become crucial issue as major companies are expected to demonstrate their commitment to society’s values through actions. The current article explains, evaluates, and applies to relevant examples of the narrow, broader socio-economic, as well as broad maximal view of CSR. It also critically describes how organizations can develop ethical cultures and corporate ethics programs for CSR.

  20. Sustainable development strategy formation for business corporations

    Directory of Open Access Journals (Sweden)

    L. A. Zaporozhtseva

    2016-01-01

    Full Text Available The article explains the concept of the company sustainable development strategy based on its economic security level, which includes the economic security concept loss threat control; and the concept of company sustainable development based on the fact, that the company in a developed market should not only "defend", but also ensure its development. After it implementation of decomposition is applied to the system of strategic economic security through a balanced scorecard, which allows translating the mission and vision into a set of operational goals and targets. The main components of strategic economic security provision are: business processes, finance, contractors and staff; based on the state which economic security level is determined as: high, normal, low or critical. After that, the strategic prospects are set, i.e. transition from the lowest to the highest economic security level takes place, passing the economic security fields. In order to do this, certain company development strategy is selected, the mechanism for its implementation is being worked out. At the same time, company sustainable development strategy is identified in the case of a growth strategy use, which implies a transition from endogenous development strategy to introductive or introspective development strategy with further access to multi-integral development strategy. If there is inverse relationship, one can not speak of any sustainable development strategy. Besides, development, implementation and use of monitoring for the design process of the company's development strategy taking into account its economic security level acquires great importance.

  1. Eumedion in the Dutch Corporate Governance and Sustainability Landscape

    NARCIS (Netherlands)

    Hermes, Niels; Hooghiemstra, Reggy; van Veen, Kees

    2016-01-01

    Eumedion is a Dutch foundation representing the interests of Dutch and foreign institutional investors with investments in Dutch listed companies. In particular, it represents the interests of these participants in the field of corporate governance and sustainability. The foundation was established

  2. CORPORATE SOCIAL RESPONSIBILITY AND COMPANIES’ REPUTATION

    Directory of Open Access Journals (Sweden)

    Patrizia GAZZOLA

    2014-06-01

    Full Text Available The aim of this research paper is to analyze in what way Corporate Social Responsibility (CSR is capable of enhancing corporate reputation. In the past companies often thought to business and society as being in opposition, but in these days external pressure for CSR continues to grow and numerous organizations monitor, rank, and report social performance. Sometimes the legal, business and reputation risks are great for companies engaging in practices deemed unacceptable. Socially responsible behaviors can increase a company's value in that they can increase the degree of confidence of the various stakeholders and the level of reputation. The research is based on the theoretical framework that supports a thesis of their positive relationship. In the paper the Italian companies with the best CSR reputations are analyzed.

  3. Practices at the Boundaries of Business Ethics & Corporate Social Responsibility

    DEFF Research Database (Denmark)

    Weller, Angeli

    in distinct communities of practice, and therefore there are boundaries in both meaning and identity that make alignment between them problematic. The second article looks at the boundaries between these communities by exploring the history of the professional associations in the business ethics and corporate...... social responsibility field in the United States, as well as their current articulations of knowledge and competence in their respective fields. The third article is a single case study of a company that purposefully aligned ethics, compliance, corporate social responsibility and sustainability practices...... and managers, and it explores both the enablers of alignment and the learning stages that transformed them into a single community of practice. Theoretically, this work applies communities of practice, an organizational learning theory, within the business and society field, thereby contributing a helpful lens...

  4. How Does Implementation of Environmental Management System Contribute to Corporate Sustainability Management

    Directory of Open Access Journals (Sweden)

    Lucie Vnoučková

    2014-01-01

    Full Text Available Corporate sustainability management (CSM appears to be an important issue for current management. The aim of the paper is to identify what determinants of sustainability management are examined in the literature and discuss the contribution of environmental management system (EMS to CSM based on experiences of selected Czech organizations with implemented EMS according to ISO 14001. The data for the survey was gathered from 222 organizations (N = 1265 who have already implemented EMS. The results show there is a basic knowledge of sustainability concept in the surveyed Czech organizations. Perceived improvements of EMS implementation in Czech organizations are mainly in the area of environmental performance, economic performance, relationship with involved parties and social issues. Based on the implementation of EMS, the organizations take care about corporate sustainability (about the areas of environmental aspects and impacts of the organization. Improved environmental performance has been linked with process and product cost improvements and lower risk factors.

  5. Corporate Social Responsibility: Why? ethical justification of corporate social responsibility

    Directory of Open Access Journals (Sweden)

    Susy Caballero Jara

    2015-09-01

    Full Text Available Mucho se ha discutido en el Perú sobre qué es la responsabilidad social empresarial (RSE ycómo se implementa. La pregunta de por qué, en cambio, no ha recibido similar interés. Esta esprecisamente la interrogante que el presente artículo busca responder: ¿Qué justifica la RSE?¿Por qué las empresas deben ser socialmente responsables?Tomando como punto de partida la clasificación en cuatro grandes teorías de responsabilidadsocial empresarial o corporativa propuesta por Garriga y Melé (2004, a saber, las teoríasinstrumentales, políticas, integradoras y éticas, se identifican rastros de las mismas en la literaturaperuana. De esta forma, se logra un panorama de las distintas justificaciones brindadas porlos autores peruanos. Posteriormente, se toma partido a favor de las teorías éticas de RSE, enparticular del subgrupo «teoría normativa de los grupos de interés» (stakeholder normativetheory, que ve a la RSE como ética aplicada a los negocios, exponiendo sus versiones utilitaristay deontológica, exposición que deja a esta última mejor posicionada. De esta manera, sepropone ir más allá de las justificaciones exclusivamente rentistas, según la cual el empresariodebe ser socialmente responsable porque le conviene, y considerar la deontología como lajustificación del por qué hacer RSE.

  6. Does corporate governance shape the relationship between corporate social responsibility and financial performance?

    NARCIS (Netherlands)

    Kabir, Rezaul; Thai Minh, Hahn

    2017-01-01

    Purpose: The theoretical and empirical relationships between corporate social responsibility (CSR) and corporate financial performance are not without controversy. Yet, CSR activities are increasingly undertaken by a large number of firms, not only in developed countries but also in emerging

  7. The role of corporate social responsibility in social entrepreneurship

    OpenAIRE

    Catalina MITRA; Anca BORZA

    2010-01-01

    The debates on the differences between social enterprises and commercial enterprises are related to task performance and the way that social mission is accomplished by involved parties. However, commercial entrepreneurs must pursue both economic and social issues, but primary mission will be to acquire financial independence by investing and creating value for stakeholders. Corporate Social Responsibility has an undeniable effect on both society and businesses, but this practice depends on th...

  8. Corporate social responsibility of future radiology professionals.

    Science.gov (United States)

    Collins, Sandra K; Collins, Kevin S

    2011-01-01

    Plagued by difficult economic times, many radiology managers may find themselves faced with ethical dilemmas surrounding ongoing organizational pressures to maintain high levels of productivity with restricted resources. This often times tests the level of moral resilience and corporate social consciousness of even the most experienced radiology professionals. A study was conducted to determine what Corporate Social Responsibility (CSR) orientation and viewpoint future radiology professionals may have. The results of the study indicate that these study participants may initially consider patient care more important than profit maximization. Study results indicate that these specific future radiology professionals will not need laws, legal sanctions, and intensified rules to force them to act ethically. However,they may need ongoing training as to the necessity of profit maximization if they seek the highest quality of care possible for their patients.

  9. Corporate Social Responsibility and Managing Ethical Culture

    OpenAIRE

    Yeney Widya Prihatiningtias

    2012-01-01

    This essay argues that the promotion of Corporate Social Responsibility (CSR) and ethical business conduct is very important. CSR nowadays has become crucial issue as major companies are expected to demonstrate their commitment to society’s values through actions. The current article explains, evaluates, and applies to relevant examples of the narrow, broader socio-economic, as well as broad maximal view of CSR. It also critically describes how organizations can develop ethical cultures and c...

  10. KPMG International Survey of Corporate Sustainability Reporting 2002

    NARCIS (Netherlands)

    Kolk, A.; van der Veen, M.L.; Hay, K.; Wennink, D.

    2002-01-01

    Forty-five percent of the Fortune global top 250 companies (GFT250) are now issuing environmental, social or sustainability reports in addition to their financial reports. Globally, more companies than ever are publishing reports on their environmental, social and sustainability performance and an

  11. Corporate Social Responsability and Organization Policy

    Directory of Open Access Journals (Sweden)

    Nicoleta CRISTACHE

    2011-11-01

    Full Text Available At a time when the world is interested in phenomena such as, ecology, environment, food safety, ozone layer depletion, famine and their effects on social responsibility initiatives are becoming increasingly well received. Even if you can not give a real dimension of the concept of social responsibility-taking as any guarantee of success, an organization must be aware that there is only a tool for maximizing the value of image design, but an essential element of long-term success in direct connection with social and environmental performance of the community. To work is to highlight the link between corporate social responsibility strategies and success in solving organizational policies company issues under restrictive conditions imposed by nouile economic, social and political.

  12. Corporate Social Responsibility in Online Social Networks

    DEFF Research Database (Denmark)

    Horn, Christian; Brem, Alexander; Wölfl, S.

    2014-01-01

    Considering growing public awareness of social, ethical and ecological responsibility, companies have constantly been increasing their efforts in CSR communications. Social Media as tools of brand communication receive increasing attention and it is expected that the marketing sector...... will experience changes through this phenomenon in the future. This empirical study investigates the types of content that is communicated for different brands and industries in leading Social Media portals on the German market in 2011. It turns out that this kind of CSR communication differs in terms of portals...

  13. "Corporate Social Responsibility” (CSR) Sebagai Aktivitas “Social Marketing Public Relations"

    OpenAIRE

    Yulianita, Neni

    2008-01-01

    Corporate Social Responsibility (CSR) nowadays becomes indicator of corporate achievement. CSR activities, which commonly defined as corporate efforts to increase community and stakeholder life quality, open up relations between corporate and community. In turn, CSR would maintain good image and give posing the positive publicity toward corporate image. This article explores CSR activities as implied on PR marketing in some corporates.

  14. Corporate social responsibility and policy making: what role does communication play?

    NARCIS (Netherlands)

    Mathis, A.

    2007-01-01

    Communication is of central importance for business and public authorities to make substantial progress on the sustainability ladder. Corporate social responsibility (CSR) is about the contribution of business to sustainability, and stakeholder theory is an integral concept of CSR. The literature

  15. Companies and environmental management in the social corporative responsibility framework; Empresas y gestion ambiental en el marco de la responsabilidad social corporative

    Energy Technology Data Exchange (ETDEWEB)

    Duran Romero, G.

    2009-07-01

    With the aim of reaching a sustainable path, companies have adopted initiatives in order to get other objectives not only economics but also ecological and social ones. These are inherent values to its management and are part of the corporate social responsibility. In this global, opened and sustainable context the firms play an important role encouraging social goals. This implies to change towards a more sustainable consumption and production pattern, establish new policies and to innovate for obtaining not only more profits but to improve the quality of life. (Author) 54 refs.

  16. Corporate corruption of the environment: sustainability as a process of compromise.

    Science.gov (United States)

    Nyberg, Daniel; Wright, Christopher

    2013-09-01

    A key response to environmental degradation, climate change and declining biodiversity has been the growing adoption of market principles in an effort to better value the social good of nature. Through concepts such as 'natural capitalism' and 'corporate environmentalism', nature is increasingly viewed as a domain of capitalist endeavour. In this article, we use convention theory and a pluralist understanding of social goods to investigate how the social good of the environment is usurped by the alternate social good of the market. Through analysis of interviews with sustainability managers and corporate documentation, we highlight how organizational actors employ compromise to temporally settle disputes between competing claims about environmental activities. Our findings contribute to an understanding of the processes of empirically grounded critique and the under-theorized concept of compromise between social goods. Rather than protecting the environment, the corporate promotion of sustainability facilitates the corruption of the social good of the environment and its conversion into a market commodity. © London School of Economics and Political Science 2013.

  17. The Role of Corporate Social Responsibility in the Social Informatics

    OpenAIRE

    Silveira, Clara; David, Fátima; Abreu, Rute

    2008-01-01

    Purpose - This research explores the 'social context' of informatics, characterized by incentive systems for using, organizing and sharing information in firms and others organizations. Actually, many aspects justify the evolution of social informatics Framework and the development of the corporate social responsibility (CSR) behaviour. Design/methodology/approach - Inside the international framework of the European Union (EC, 2001), this research analyzes the interrelationship between cor...

  18. FORMATION OF CORPORATE GOVERNANCE PRINCIPLES FOR SOCIAL RESPONSIBILITY

    Directory of Open Access Journals (Sweden)

    D. Bayura

    2013-09-01

    Full Text Available The theoretical and methodological aspects of perfection of the system of corporate management domestic joint-stock companies are considered on principles of justice, transparentnosti, accountability and corporate social responsibility taking into account globalization.

  19. Eco-innovation, Responsible Leadership and Organizational Change for Corporate Sustainability

    Directory of Open Access Journals (Sweden)

    Dorel Mihai Paraschiv

    2012-06-01

    Full Text Available Creating a sustainable development strategy is essential for organizations that seek to reduce risks associated with tightening legislation, increased energy prices and natural resources and growing customer demands. Sustainability requires the full integration of social and environmental aspects into the vision, culture and operations of an organization, a profound process of organizational change being essential. The purpose of this paper is to present the main drivers of corporate sustainability, illustrating – after a thorough literature review – the link between the following elements: corporate sustainability – a necessity in the current global context; eco-innovation – as a way to implement sustainability in an organization; responsible leadership – as the art of building and maintaining strong and moral relationships with all stakeholders; organizational culture and organizational change – the basic elements through which organizations continuously renew their processes and products, adapting them to the new context. Furthermore, the paper provides an overview of organizations active in Romania in terms of sustainability practices, in general, and the ecological component of sustainable development, in particular, by presenting the results of an exploratory questionnaire-based research. The research reflects the importance of visionary management in adopting and implementing sustainability in the responding organizations.

  20. An Integrated Model to Explain How Corporate Social Responsibility Affects Corporate Financial Performance

    National Research Council Canada - National Science Library

    Chin-Shien Lin; Ruei-Yuan Chang; VanThac Dang

    2015-01-01

      The effect of corporate social responsibility (CSR) on financial performance has important implications for enterprises, communities, and countries, and the significance of this issue cannot be ignored...

  1. Determinants of corporate social responsibility (CSR) practices of listed corporations in Bangladesh: an empirical study

    OpenAIRE

    Majumdar, Md Nazmul Amin

    2017-01-01

    Corporate social responsibility (CSR) has emerged as an ‘inescapable priority’ for corporations. CSR considers business management practices of corporations in terms of responsible behaviour towards internal and external stakeholders and society at large. Developing countries have been largely neglected in CSR literature. CSR practices in such countries are eclectic, ad hoc, unevenly applied and limited to few businesses, but they are gaining popularity among corporations aspiring to be consi...

  2. Corporate Social Responsibility In Turkey: An Analysis Through Web Sites

    Directory of Open Access Journals (Sweden)

    Burcu EKER AKGÖZ

    2016-06-01

    Full Text Available In today’s business environment, there is no chance for a corporation to be succeeded simply by doing profit oriented business. Corporations are the living entities along with their stakeholders therefore corporations are expected to be responsive on the cultural, environmental and economic issues of society. Socially responsible programs that corporations execute would contribute the corporate image and reputation. Furthermore, these programs benefit both corporations and society. The aim of this study is to examine the presence and organization of information on corporate responsibility present on the corporate web sites of companies which are in the Capital top 500 list. We will choose the top 100 companies on the top 500 list. By using content analysis, identified corporate responsibility issues will be analyzed. In this study, the information given in the web sites of these top 100 companies will be analyzed. We will be examining how the information is organized, presented, and related to the corporate responsibilities.

  3. Corporate social responsibility and financial performance: Fact or fiction? A look at Ghanaian banks

    Directory of Open Access Journals (Sweden)

    Daniel F. Ofori

    2014-02-01

    Full Text Available Orientation: With banks faced with fulfilling the increasing demands of diverse stakeholders, this study sought to explore the views and motives for corporate social responsibility practices in the Ghanaian banking sector and also to investigate any possible relationship between these practices and financial performance.Research purpose: This article examined the impact of corporate social responsibility on financial performance using empirical evidence from the Ghanaian banking sector.Motivation for the study: Although corporate social responsibility is a hot topic in Ghana and banks do practise it, no detailed study has been conducted to ascertain whether banks derive any benefits therefrom.Research design, approach and method: A sample size of 22 banks was involved. A structured questionnaire was used to obtain primary data whilst archival records were used to gather the secondary data.Main findings: The findings revealed that banks in Ghana view corporate social responsibility practices to be a strategic tool; banks are motivated to practise corporate social responsibility by legitimate reasons as much as they are motivated by profitability and sustainability reasons. Also, although there is a positive relationship between corporate social responsibility practices and financial performance, the financial performance of banks in Ghana does not depend significantly on their corporate social responsibility practices but rather on other control variables, such as growth, origin, debt ratio, and size.Practical implications: Properly adopted and implemented, corporate social responsibility can pay its way by contributing toward firm performance.Contribution: There is a positive but currently insignificant relationship between corporate social responsibility and financial performance amongst Ghanaian banks. However, given the numerous benefits of corporate social responsibility, it is recommended that firms continue to give priority to this

  4. Managing contradictions of corporate social responsibility

    DEFF Research Database (Denmark)

    Bjerregaard, Toke; Lauring, Jakob

    2013-01-01

    Corporate social responsibility (CSR) has attracted increasing attention in business and research. Studies have documented how management concepts such as diversity management are translated and adapted to differential local sociocultural contexts outside their countries of origin. More research...... is needed concerning how CSR concepts are translated and practiced locally within particular organizations. This research is based on an organizational ethnography of the management of multiple social, ethical and business logics of CSR in a Danish frontrunner firm. The study contributes with insights...... into the ongoing organizational management of potentially opposing logics in CSR. Findings show that managing contradictions of CSR is an ongoing challenge and accomplishment influencing whether ethical, social and business logics collide or reinforce each other. The study shows that when ethics are framed...

  5. The Social in Assessing for Sustainability. Fisheries in Australia.

    Directory of Open Access Journals (Sweden)

    Kate Barclay

    2012-11-01

    Full Text Available The notion that sustainability rests on three pillars – economic, environmental and social – has been widely accepted since the 1990s. In practice, however, the economic and environmental aspects have tended to dominate the sustainability agenda, and social aspects have been sidelined. Two reasons for this are: 1 there is a lack of data collected about which to build meaningful pictures of social aspects of sustainability for populations over time, and 2 there is a lack of recognition of the role of social factors in sustainability, and a related lack of understanding of how to analyse them in conjunction with economic and environmental factors. This paper surveys the literature about sustainability in fisheries, focussing on Australia, and focussing on the way social aspects have been treated. The paper finds that the problems that have been identified for assessing the social in sustainability in general are certainly manifest in fisheries. Management of Australian fisheries has arguably made great improvements to biological sustainability over the last decade, but much remains to be done to generate similar improvements in social sustainability for fishing communities. This is the case for government-run resource management as well as for initiatives from the private sector and conservation organizations as part of movements for corporate social responsibility and ethical consumerism. A significant challenge for improving sustainability in Australian fisheries, therefore, lies in improving data collection on social factors, and in bridging disciplinary divides to better integrate social with economic and biological assessments of sustainability.

  6. Certification of Corporate Social Responsibility. The Case Study of India

    Directory of Open Access Journals (Sweden)

    Eva Abramuszkinová Pavlíková

    2014-01-01

    Full Text Available Corporate social responsibility is in the focus of many companies in recent years. It becomes a way of sustainability for many companies on the market. It expresses a voluntary commitment of companies to behave responsibly to their surroundings within three pillars: economic, social and environmental one. The issue of social responsibility is developing in many European countries and European Commission is aiming at supporting national CSR strategies. CSR activities can be focused on philanthropy, the care of the employees, the environment and transparency of economic activities. This paper describes the certification process for CSR, namely SA8000 and focuses on states with the higest number of certified companies. After European Italy, it is India which is in the centre of attention and specifically with respect to child labor.

  7. Health insurance and corporate social responsibility.

    Science.gov (United States)

    Carter, Tony

    2009-01-01

    Innovation drives productivity in the nonprofit sector as well as in the commercial sector. The greatest advances come not from incremental improvements in efficiency but from new and better approaches. The most powerful way to create social value, therefore, is by developing a new means to address social problems and putting it into widespread practice. The expertise, research capacity, and reach that companies bring to philanthropy can help nonprofits create new solutions that they could never afford to develop on their own. Corporate managers sometimes work directly with faculty and community residents to implement local business projects. These projects often have significant societal benefits, especially since student collaboration and involvement extend to communities in many different inner cities. These projects are incredibly diverse and through such initiatives, management education not only provides an educationally rewarding outlet for students but also endows and enriches inner city communities. Management students sometimes work directly with faculty and community residents to implement local business projects. These projects often have significant societal benefits, especially since student collaboration and involvement extend to communities in many different inner cities. These projects are incredibly diverse and through such initiatives, management education not only provides an educationally rewarding outlet for students but also endows and enriches inner city communities. This article looks at how to use corporate social responsibility and service learning to drive innovation for local inner-city economic development.

  8. Corporate social responsibility as communicational strategy

    Energy Technology Data Exchange (ETDEWEB)

    Moraes, Jorge C. [PETROBRAS, Rio de Janeiro, RJ (Brazil)

    2009-07-01

    Based on a concrete case, the negotiation of compensation and reparation for environmental damage in the state of Rio de Janeiro, this paper deals with the role of Corporate Social Responsibility (CSR) as main strategic instrument to set up a relationship among state, businesses and the civil society in the process of licensing and deploying gas pipelines. In this kind of process, a few cultural aspects, such as a social pattern based in philanthropy and paternalism, make difficult for any agreement to be reached among the stake holders. As a result, the process of licensing becomes slow and fragile. In some cases, negotiation ends up unsuccessful. This mental model coexists with an imperious need for investments in energy, leading to a hard contradiction between a traditional behavior and the surge of modern consumerism habits. Besides, local legislation and bureaucracy allow for few or no options to solve the conflict. In this context, as will be seen, CSR is a preferential way to establish fruitful dialog. By means of Corporate Social Investments (CSI), it is possible to create a common experience of local development among entrepreneurs, the state and the community, by this breaking communication barriers and providing alternatives to solve the original contradiction. (author)

  9. Corporate social responsibility in mining industry

    Directory of Open Access Journals (Sweden)

    Sylvie Gurská

    2013-01-01

    Full Text Available This paper focuses on the comparison of corporate social responsibility in mining industry. It compares specific territorial areas of two different countries – one of them country that could be called as semi-periphery or even core country and the second one a periphery country. The first one is Czech Republic (Northern Bohemia area and the second one is Zambia (Copperbelt area. CSR activities in Copperbelt have played primarily an ameliorative role in the context of significant social disruption and uncertainty in the wake of privatization. Some experts say there are still important gaps between mining companies’ CSR activities, on the one hand, and accountability and fairness, on the other. The CSR concept is relatively new in the Czech Republic – but more and more discussed and interesting for many firms. The Czech company “Severočeské doly” was one of the finalists of the national round of the competition “The European Corporate (Social Responsibility Award” in 2007. The aim of this paper is to find the opportunities the companies working in this industry use, and how the system of CSR is developed. It analysis the areas they concentrate on in their CSR activities and compares it with theoretical concept. The comparison is based on secondary data as well as on personal experience of visiting both of these areas and companies.

  10. Corporate social responsibility in hotel industry

    Directory of Open Access Journals (Sweden)

    Maciej Abram

    2016-10-01

    Full Text Available The first objective of this article is to describe the fundamental aspects of the concept of Corporate Social Responsibility (CSR. The second goal is to present the activities, or the so-called good practices that hotels may take up and which are in tandem with the idea of CSR. The good practices will be described on the example of Polish hotel group and two hotels active on the Polish market, especially in Krakow. The article outlines possible benefits resulting from the implementation of CSR principles into the hotel strategy.

  11. Multimodal Aspects of Corporate Social Responsibility Communication

    Directory of Open Access Journals (Sweden)

    Carmen Daniela Maier

    2014-12-01

    Full Text Available This article addresses how the multimodal persuasive strategies of corporate social responsibility communication can highlight a company’s commitment to gender empowerment and environmental protection while advertising simultaneously its products. Drawing on an interdisciplinary methodological framework related to CSR communication, multimodal discourse analysis and gender theory, the article proposes a multimodal analysis model through which it is possible to map and explain the multimodal persuasive strategies employed by Coca-Cola company in their community-related films. By examining the semiotic modes’ interconnectivity and functional differentiation, this analytical endeavour expands the existing research work as the usual textual focus is extended to a multimodal one.

  12. Substance misuse prevention as corporate social responsibility.

    Science.gov (United States)

    Radacsi, Gergely; Hardi, Peter

    2014-03-01

    All sectors of society should be involved in reducing substance misuse, including businesses. However, the business sector is typically involved only to the extent that their products compel them to be (e.g., alcohol producers promoting responsible alcohol consumption). This article examines why business participation has been limited and how embedding prevention within a framework of health promotion could increase participation. It reviews both Hungarian and international cases, concluding that although corporate social responsibility (CSR) offers a framework to approach substance misuse reduction, a different perception of the role of the business sector is necessary to make it viable.

  13. Dynamics of Corporate Social Responsibility in Asia

    DEFF Research Database (Denmark)

    Kim, Rebecca Chunghee; Moon, Jeremy

    2015-01-01

    This article investigates Corporate Social Responsibility (CSR) in Asia through two related themes: research knowledge and ethical norms. ‘CSR in Asia’ research is shown to be growing, particularly in East Asia. Compared with Western CSR literature, it is shown to be dominated by empirical......, particularly quantitative, research. More substantively, this research is dominated by an issue focus on ethical norms, though this is in real decline. In this light, this article offers a closer investigation of the nature of ethical systems underpinning Asian business, and a comparison of Asian and Western...

  14. EMPHASIZING SOCIAL ISSUES TOWARD SUSTAINABLE SUPPLY CHAIN: A BRAZILIAN PERSPECTIVE

    Directory of Open Access Journals (Sweden)

    Minelle Enéas da Silva

    2015-06-01

    Full Text Available From sustainability perspective, the supply chain management strategy can use different indicators related to Triple Bottom Line to improve its practices. Some studies in the topic have focused only environmental issues; however in some cases the social issues should be considered as a core of the sustainable strategies. Considering this view, the paper aims to highlight the relevance of social issues in the Brazilian context toward sustainable supply chain. Therefore, a theoretical essay was conducted using the literature about sustainable supply chain in relation to the Brazilian perspective to understand how it is possible to use new approaches for a more emphasis on social issues. The discussions indicates that to re-conceptualize the social relations in supply chains, it's necessary to use corporate social responsibility and social capital approaches to create a better discussion about sustainable supply chain. The proposal starts a discussion in the Brazilian context to stimulate new scholars to study this topic.

  15. Corporate social responsibility as an agent for social change

    DEFF Research Database (Denmark)

    Justenlund, Anders; Rebelo, Sofia

    The intention of this paper is to provide a specific understanding of corporate social responsibility with a particular focus in social issues in relation to human resource development. The understanding of CSR is used to create a theoretical analytical framework that should provide researchers...... level employees (middle management/employees) go through when working according to CSR-principles, based on social motives and behaviour. A hermeneutical paradigm is applied to the understanding of human (inter-) action in relation to understand a phenomenon as CSR and motives for social change...

  16. Corporate social responsibility along pipelines: communities and corporations working together

    Energy Technology Data Exchange (ETDEWEB)

    Carvalho, Edison D.R.; Lopes, Luciano E.; Danciguer, Lucilene; Macarini, Samuel; Souza, Maira de [Grupo de Aplicacao Interdisciplinar a Aprendizagem (GAIA), Campinas, SP (Brazil)

    2009-07-01

    In this paper we present GAIA's findings in three corporate social responsibility projects along pipelines owned by three Brazilian companies in gas, oil and mining sectors. The projects had as the main goal to improve the relationship with communities in the companies' direct influence areas. Clearly, the relationship with communities along pipelines is essential to prevent and reduce industrial hazards. The damage in pipelines due to agriculture, buildings, intentional perforations and traffic of heavy vehicles may cause fatal accidents, environmental and material losses. Such accidents have negative consequences with regard to economy, image and relationship with communities and environmental agencies. From communities' perspective, pipelines deteriorate their life quality due to risk of industrial hazards nearby their houses. The lack of proper information about the pipelines remarkably increases insecurity feelings and discourses against the companies among community leaders. The methodology developed by GAIA comprises companies' and communities' interests and encompasses nine stages. 1. Socio-environmental appraisal or inventory, mapping main risks, communities' needs and their leaders. 2. Communication plan, defining strategies, languages and communication vehicles for each stakeholder group. 3. Inter-institutional meetings to include other institutions in the program. 4. Launching seminar in partnership with local authorities, divulging companies' actions in the cities with pipelines. 5. Multiplier agents formation, enabling teachers, local leaders and government representatives to disseminate correct information about the pipelines such as their functioning, hazard prevention, maintenance actions, and restrictions of activities over the pipelines. 6. Formation on project management, enabling teachers, local leaders and government representatives to elaborate, fund raise and manage socio environmental projects aimed at

  17. Do Corporate Social Performance Targets in Executive Compensation Contribute to Corporate Social Performance?

    NARCIS (Netherlands)

    K.E.H. Maas (Karen)

    2016-01-01

    textabstractTo deal with potential conflicts between the triple-bottom-line expectations of investors and the performance of executives, firms can use incentives by integrating corporate social performance (CSP) targets into executive compensation. No evidence yet exists that CSP targets in

  18. Analisis Praktik Corporate Social Responsibility Perusahaan Furniture di Kabupaten Jepara

    Directory of Open Access Journals (Sweden)

    Aida Nahar

    2015-12-01

    Full Text Available Corporate social responsibility (CSR is a transparent business practices, which are based on ethical values, with particular attention to employees, communities and the environment, and designed to meet the wishes of the shareholders and the public in general. Effort to understand and analyze the practice of CSR in a company is interesting, considering the practice of CSR is not a uniform practice and its implementation is highly dependent on the unique characteristics inherent in the company. The purpose of this study is to investigate to find out the practice of Corporate Social Responsibility by furniture companies in Jepara. Data collection methods used in this study were interviews, direct observation, and analysis of company documents. Data were analyzed by triangulation and interpretation. From the research conducted it can be concluded that the comapany’s motivation in implementing CSR undertaken by the company from Jepara regency furniture is the company’s commitment and enhance the reputation of the company. While the practice of CSR that have been made furniture enterprises in Jepara regency consists of several fields, namely a. economy, including internal and external sectors. Internal sector is focused on training programs for employees. The external sector was focused on facilitating the community development patterns, community groups, and cooperatives. b. Social areas, including the provision of public facilities (infrastructure development, social welfare, education and sports. c. Environment areas, including sustainable water supply.

  19. Analisis Pengaruh Islamic Corporate Governance Terhadap Corporate Social Responsibility (Studi kasus pada Bank Syariah di Indonesia

    Directory of Open Access Journals (Sweden)

    Ismawati Haribowo

    2016-01-01

    Full Text Available This study aims to examine the influence of Islamic corporate governance, size of the Board of Commissioners, the composition of the Board of Commissioners, Frequency of Meetings of the Board of Commissioners, the size of the Audit Committee Independent, The composition of the Audit Committee Number of Meetings Audit Committee, Profitability and Liquidity on the disclosure of corporate social responsibility (case study on the bank Sharia in Indonesia. This research is a quantitative study using scientific research in the form of positive economics. The nature and type of this research is descriptive method used is based on a survey of the literature. Data used is secondary data obtained from www.bi.go.id and corporate websites. The analytical method used is multiple linear regression analysis with SPSS version 22. The population in this study are all Islamic banks registered in Bank Indonesia during the period 2012 to 2014. While the sample is determined by using purposive sampling method in order to obtain a sample of 10 banks with observations for 3 years.Based on the results of multiple regression analysis with significance level of 5%, then the results of this study concluded: (1 Islamic Corporate Governance consisting of Existence and expertise Sharia Supervisory Board has no significant effect on the disclosure of corporate social responsibility. (2 The size of the BOC significant effect on the disclosure of corporate social responsibility. (3 The composition of the Board of Commissioners has no significant effect on the disclosure of corporate social responsibility. (4 The frequency of the number of board meetings no significant effect on the disclosure of disclosure of corporate social responsibility. (5 The size independent audit committee has no significant effect on the disclosure of corporate social responsibility. (6 The composition of the independent audit committee has no significant effect on the disclosure of corporate social

  20. Corporate Social Performance and Corporate Financial Performance: A Link for the Indian Firms

    Directory of Open Access Journals (Sweden)

    Rupal Tyagi

    2013-03-01

    Full Text Available The present study addresses the issue of the relationship between Corporate Social performance and corporate Financial Performance in Indian context under good management theory. The study used S&P ESG India Index as a proxy of CSP/ CSR (Corporate social performance or Corporate Social Responsibility of Indian firms for the first time over the 2005–2011 periods. We designed econometric models and controlled industry specific attributes and performed Weighted Least Square method for the analysis. Overall results show neutral though modest negative relationship between the CSP and CFP which eventually informs that if there would be any relationship, it would be negative.

  1. The social sustainability of entrepreneurship

    DEFF Research Database (Denmark)

    Bjerregaard, Toke; Lauring, Jakob

    2012-01-01

    Sustainable entrepreneurship is attracting increasing attention in entrepreneurship literature. Social sustainable entrepreneurship is often conceived as entrepreneurial processes that generate social value. In this chapter we illuminate how small business entrepreneurs in a developing country...... engage in activities of importance for social sustainability and development as they undertake entrepreneurial ventures. We present the findings from an ethnographic field study that examines the strategies used by small entrepreneurs in an area of extreme resource scarcity to navigate co-existing social...... and market logics. The cases elucidate how the entrepreneurs cope with and exploit such co-existing logics through their sphere-straddling ventures to ensure sustainability during changes from an economy based on traditional exchange relationships to a situation with an emerging market economy. The chapter...

  2. Social Health and Sustainability

    DEFF Research Database (Denmark)

    Andersen, Heidi Lene

    2015-01-01

    Abstract: This article discusses how to accomplish a transition towards healthy and sustainable futures. Despite political statements and profound theoretical developments, little has happened in the field of practice. This article presents a number of problematics in the theoretical and conceptual...... development within the fields of sustainability and health promotion. With this objective in mind, this article seeks to find solutions to a question raised by the WHO health and sustainability researcher, Illona Kickbusch: ‘What conceptual framing and common language can help move a shared agenda forward...... departments. The article demonstrates that an action research approach including an Aristotelean phronetic perspective can be successful in integrating health and sustainability in research, as well as in practice. There are two main conclusions from the empirical case study. The first is that the common...

  3. Key factors driving corporate social responsibility of Vietnamese firms

    NARCIS (Netherlands)

    Kabir, Mohammed Rezaul; Thai Minh, H.

    2016-01-01

    We examine the impact of firm, corporate governance and managerial characteristics on the corporate social responsibility (CSR) activities of Vietnamese listed firms. Our results show that export-oriented firms engage in more CSR activities. As for corporate governance factors, we observe that

  4. Using Cartoons to Teach Corporate Social Responsibility: A Class Exercise

    Science.gov (United States)

    Mills, Adam J.; Robson, Karen; Pitt, Leyland F.

    2013-01-01

    Changing curriculum content requirements, based on shifting global perspectives on corporate behavior and capitalism as well as business school accreditation requirements, mean that many marketing instructors have attempted to introduce discussions of organizational ethics, corporate social responsibility, and corporate governance into their…

  5. Editorial. Sustainability: A social responsability

    OpenAIRE

    Palmero Iglesias, Luis

    2017-01-01

    Editorial nº2_1 Palmero Iglesias, L. (2017). Editorial. Sustainability: A social responsability. VITRUVIO - International Journal of Architectural Technology and Sustainability. (1):vii-viii. doi:10.4995/vitruvio-ijats.2017.7650. vii viii 1 2

  6. How the Social Enterprises Support Social Sustainability

    OpenAIRE

    Rakhshanda Khan; Satu Pekkarinen; Suvi Konsti-Laakso; Helinä Melkas

    2015-01-01

    The purpose of this paper is to investigate whether or not the social enterprises in Finland are in reality socially sustainable. This paper mainly draws on the empirical data gathered from surveys sent to the social enterprises all across Finland. In addition, a part of the data was also collected from four workshops that focused on social enterprises in Finland. The authors' analysis showed that employee participation was highly valued and the employees were given equal opportunities. Howev...

  7. Social Sustainability of Kampung Communities

    Directory of Open Access Journals (Sweden)

    Mehdi Ghafouri

    2015-05-01

    Full Text Available Malaysia is a tropical country and has rich tradition of vernacular architecture. Traditional vernacular houses (Kampung Houses are proved to be environmentally sustainable, and the neighborhoods containing these houses traditionally showed the potential to build up community bonding inside the neighborhood, and hence social sustainable. But the future of this social sustainability might be in danger. Malaysia is currently rapidly urbanizing, and now 72 percent people live in urban areas. These urban areas are often very close to the Kampungs, and local people often move to urban houses. The urban housings lack the traditional pattern of community bonding. With every respect to the environmental sustainability of Kampung houses, and recognizing the rich tradition of social sustainability of Kampung neighborhoods as a whole, the question is whether Kampung communities will remain socially sustainable in future. This study took an ethnographic method, and interviewed existing Kampung dwellers of three different generations for their view on why people should or should not live in Kampungs in future. After qualitative analysis, several interesting findings evolved through grounded theories, and the study tried to suggest strategies on how to bridge this increasing gap between living harmoniously both in the rural and urban setup for the future generations in Malaysia. Data showed that though all generations acknowledged the benefits of living in Kampungs, better job opportunity motivates the young generation to leave Kampungs. It concludes that Kampungs still have the power to sustain the modern society with its powerful social potentials, but needs to be nurtured with modern facilities.

  8. Corporate social responsibility for nanotechnology oversight.

    Science.gov (United States)

    Kuzma, Jennifer; Kuzhabekova, Aliya

    2011-11-01

    Growing public concern and uncertainties surrounding emerging technologies suggest the need for socially-responsible behavior of companies in the development and implementation of oversight systems for them. In this paper, we argue that corporate social responsibility (CSR) is an important aspect of nanotechnology oversight given the role of trust in shaping public attitudes about nanotechnology and the lack of data about the health and environmental risks of nanoproducts. We argue that CSR is strengthened by the adoption of stakeholder-driven models and attention to moral principles in policies and programs. In this context, we examine drivers of CSR, contextual and leadership factors that influence CSR, and strategies for CSR. To illustrate these concepts, we discuss existing cases of CSR-like behavior in nanotechnology companies, and then provide examples of how companies producing nanomedicines can exhibit morally-driven CSR behavior.

  9. Study Regarding Fiscal Policy – Corporative Social Responsibility Correlation

    Directory of Open Access Journals (Sweden)

    Ștefan Daniel ARMEANU

    2012-04-01

    Full Text Available In the context of globalization, the lack of stability of the production factors raises a public issue regarding the corporation’s implications in social responsibility actions. Thus, the fiscal policy promoted by corporations can and will influence corporate social responsibility actions and the fiscal aggression can be considered socially irresponsible, through costs associated to fiscal obligations nonpayments. Starting from different controversies about the correlation fiscal policy-corporative social responsibility, regarded both from the corporation or state point of view, the authors are trying to formulate their own opinion about this correlation upon a Romanian sample.

  10. An Analysis of the Contribution of Japanese Business Terms to Corporate Sustainability: Learnings from the “Looking-Glass” of the East

    Directory of Open Access Journals (Sweden)

    Rodrigo Lozano

    2017-02-01

    Full Text Available During the last decade, there has been increasing research on Corporate Sustainability, whereby most of such research was undertaken in the Western world. This paper is aimed at analysing the contribution of Japanese Business terms to Corporate Sustainability. The paper analyses, using Grounded Theory, 28 Japanese business terms through a Corporate Sustainability framework based on the four dimensions of sustainability (economic, environmental, social, and time, the company system (operations and processes, strategy and management, organisational systems, procurement and marketing, and assessment and communication, and stakeholders (internal, interconnecting, and external. The underpinning principles of the Japanese business terms provide complementary approaches to Western views on corporate sustainability by offering a more holistic perspective by linking the company system and its stakeholders to the four dimensions of sustainability. The paper proposes that Corporate Sustainability can learn from Japanese business approaches through: (1 the interaction and alignment of the factory, the firm, and inter-firm network; (2 the relationships between management and employees; (3 the inter-linkages between the company system elements; and (4 how Japanese companies remained competitive, even under the stress of a long-term major economic crisis. However, the analysis indicates that the relationship with external stakeholders and communicating with them through assessment and reporting is lacking in Japanese business management practice. Japanese businesses and their management can also learn from the Corporate Sustainability of the West by: (1 considering the four dimensions of sustainability and how they interact; (2 taking a holistic and systemic approach to Corporate Sustainability; (3 engaging in more Corporate Sustainability research; and (4 making Corporate Sustainability part of a company’s culture and activities. Businesses in the East and

  11. ENVIRONMENTAL ACCUNTING AND CORPORATE SOCIAL RESPONSIBILITY

    Directory of Open Access Journals (Sweden)

    Dan-Constantin Danuletiu

    2010-12-01

    Full Text Available Sustainable development is an economic growth strategy aimed to conciliate economic and social progress without endangering the natural equilibrium of the planet. The true stake of the future is the avoidance of environment degradation through developing of a responsibility sense both of citizens as well as of companies, for the purpose of reaching a stable sustainable development. Environmental accounting expresses the appearance of a new ethics that answer to the human worries for planetary development and progress. Starting from the damage caused to the environment, we ask ourselves about the destructive activity conducted by companies and making them responsible of the problem to the future generations.

  12. Corporate social responsibility: A pharmaceutical analysis

    Directory of Open Access Journals (Sweden)

    D. J. Theron

    2005-12-01

    Full Text Available In the modern business environment organisations need to address two important aspects affecting their operations: the quality of management and the impact of their operations on the well-being of the society in which they operate. This dualism often results in economic, political and social dilemmas influencing the viability of organisations in general, and more specifically and recently, local and international pharmaceutical organisations operating in South Africa. This article considers the aspect of corporate social responsibility (CSR in general and attempts to identify the social-related issues impacting on the pharmaceutical industry by means of content analysis - a research technique for making replicable and valid inferences from data. It furthermore describes the re-action of pharmaceutical organisations when confronted with such social demands, and finally analyses the management of CSR against four criteria of CSR. The article confirms the importance of managers to manage CSR towards society in a proactive manner. It furthermore suggests that the "hard" factors of strategic management and financial performance should be balanced with "soft" social/people issues. It also recommends that the industry should consider - and if applicable - endorse the concept of Issues Management as an approach to the proactive management of CSR.

  13. Corporate Social Responsibility: The Future of Marketing Communications

    OpenAIRE

    Zidarova, Margarita

    2010-01-01

    The purpose of this study was to investigate Corporate Social Responsibility (CSR) as a contribution tool to the future practices of corporate marketing communications. Another aim was to discover the current practices of CSR within corporate marketing communications with a specific focus on corporate and stakeholder value creation gained through this merging of two disciplines. Finally, the possibility of creating future competitive advantages through the use of CSR in marketing communicatio...

  14. The Impacts of Mining on Arctic Environment and Society from Corporate Social Responsibility and Sustainable Development Perspectives : The Case of Jokkmokk (Kallak) Iron Mines in Northern Sweden

    OpenAIRE

    Assefa Hassen, Yohannes

    2016-01-01

    Extractive industry in Arctic is controversial due  to the ecosystems and communities in the region are highly sensitive to natural and anthropogenic disturbances as it is one of the world’s global change hot-spots, as well as its uniqueness and distinctive social and ecological significance. As mining industry has developed into sophisticated operations, yet the basic causes of environmental pollution and degradation and impacts on the natural environment of the Arctic region remain unchange...

  15. Integration of economic, environmental, social and corporate governance performance and reporting in enterprises

    Directory of Open Access Journals (Sweden)

    Jiří Hřebíček

    2011-01-01

    Full Text Available Current trends of corporate performance evaluation, i.e. the measurement of environmental, social, economic and governance performance of company and corporate sustainable reporting are discussed in the paper. The relationship between company performance and reporting its key performance indicators is important, therefore, the development of modern and advanced methods and metrics to identify these indicators mainly based on the quantification with the possibility of utilization of information and communication technology are discussed.

  16. Corporate social responsibility in the oil and gas industry in Qatar perceptions and practices

    OpenAIRE

    Kirat, Mohamed

    2015-01-01

    In the last few years, the state of Qatar paid a great attention to corporate social responsibility (CSR) to face a score of challenges namely sustainable development, globalization, governance, corporate sector impact, communications, finance, ethics among others. Through in depth interviews and the analysis of companies’ websites and annual CSR reports, this study looked at the perceptions and practices of CSR in Qatar. Findings of the study suggest that Qatar oil and gas companies engage i...

  17. Corporative social responsibility: a case study in the beta company

    Directory of Open Access Journals (Sweden)

    Andréa Cristina Trierweiller

    2013-11-01

    Full Text Available The Production Engineering addresses concerns related to sustainable development considering the technology, management models for organizations and their stakeholders. This article aims to analyze the perception of employees Beta Innovation in Engineering Ltda. regarding to the actions of the Corporate Social Responsibility. The items elaboration was based on the Social Responsibility dimensions from Araújo (2006, and the focus group technic conducted to assist the preparation of items, configuring the qualitative phase of the research. The quantitative phase is related to the response categories which used a Likert scale, and presented the results through percentages, means and confidence intervals. The higher mean was obtained to the item "actions and business of the company are guided by ethics". The employees' evaluation regarding their participation as volunteers obtained the lowest mean. We suggest a continuous relationship with employees through an appropriate communication plan, and the participation of other stakeholders in future surveys.

  18. Makna Corporate Social Responsibilty Bagi Penerima Bantuan Corporate Social Responsibilty PT. Pertamina ( Studi Pendekatan Konstruktivis Makna Corporate Social Responsibilty (CSR) “Cerdas Bersama Pertamina” Bagi Penerima Bantuan Beasiswa)

    OpenAIRE

    Sutanto, Andrye

    2011-01-01

    Penelitian ini berjudul Makna Corporate Social Responsibility Bagi Penerima Bantuan Corporate Social Responsibility PT. Pertamina ( Studi Pendekatan Konstruktivis Makna Corporate Social Responsibilty (CSR) “Cerdas Bersama Pertamina” Bagi Penerima Bantuan Beasiswa) Peneliti mengambil program corporate social responsibility PT. Pertamina (Persero) Pemasaran BBM Retail Region I Medan, karena PT. Pertamina memiliki pengalaman yang cukup memumpuni pada bidangnya dan berpengalaman dalam program-...

  19. Social change and sustainable transport

    NARCIS (Netherlands)

    Dijst, M.J.

    2005-01-01

    Black and Nijkamp deserve our thanks and our compliments for their efforts in stimulating researchers from so many different disciplines on both sides of the Atlantic to write papers on the various subjects related to the social dimension of sustainable transport. Although social issues are not

  20. Certification of Corporate Social Responsibility in the Czech Republic

    Directory of Open Access Journals (Sweden)

    Eva Abramuszkinová Pavlíková

    2013-01-01

    Full Text Available Corporate social responsibility is in the focus of many companies in recent years. It becomes a way of sustainability for many companies on the market. It expresses a voluntary commitment of companies to behave responsibly to their surroundings within three pillars: economic, social and environmental one. The issue of social responsibility is developing in many European countries and European Commission is aiming at support for national CSR strategies. There are countries with highly developed CSR, on the other hand there are countries, such as the Czech Republic, where a public policy is being reformed, including discussions about CSR. This paper supports the idea that states should encourage social responsibility, as it allows businesses to become sustainable which leads to the stability of the economy. CSR activities can be focused on philanthropy, the care of the employees, the environment and transparency of economic activities. The process of CSR certification is important in the development of CSR in the Czech Republic. It allows companies to demonstrate their activities and visible achievements in this field. This paper describes the most popular types of certifications that are used in the Czech Republic and standards that do not have certification purposes, but they are very important. These are standards SA 8000, ISO 26000, ISO 9001, ISO 9004, ISO 9000, ISO 14001, ISO 14004, OHSAS 18001, IQNet SR 10 and the National Quality Policy.

  1. Corporate Governance Effects on Social Responsibility Disclosures

    Directory of Open Access Journals (Sweden)

    António Dias

    2017-06-01

    Full Text Available This study uses stakeholder theory to explore how corporate governance [CG] characteristics influence corporate social responsibility disclosure [CSRD] in the context of a global financial crisis [GFC]. Empirical data are drawn from Portugal, a country strongly affected by the GFC. Portuguese companies are characterized by high ownership concentration. The largest shareholder is often the CEO and Board Chair (a phenomenon known as CEO duality. We analyse the association between CSRD (measured by a 40-item disclosure index and CG variables (board size, CEO duality, board independence, ownership concentration and presence of an audit committee or CSR committee for 48 of the 51 listed companies in Portugal. The control variables are company size and industry type. We find that CSRD is affected positively by board size, CEO duality, company size and industry type. This accords with suggestions implicit in stakeholder theory that a larger board will represent a broader diversity of stakeholders and will promote better monitoring, more assertive stakeholder management, greater transparency, and increased levels of CSRD. Larger companies and companies close-to-consumers are associated with high levels of CSRD, ostensibly because they are more visible and subject to greater societal monitoring during a period of financial crisis. We reveal that in a country characterized by high ownership concentration, CEO duality has a positive effect on CSRD.

  2. Earnings Management and Corporate Social Responsibility

    Directory of Open Access Journals (Sweden)

    Benjamin Uyagu

    2017-09-01

    Full Text Available This study lies at the heart of the issue of reliability of financial statements. Reliability is the accountant’s terminology for integrity of financial statements. This study focused on the impact of Corporate Social Responsibility on earnings management in the Nigerian manufacturing sectors. The study is motivated by the paucity of research on subject matter in manufacturing sub-sector in Nigeria. The study employed the ordinary least square multivariate regression technique. A sample of fifty- two manufacturing firms was used. The result shows that there is a positive relationship between CSR and earnings management. This study recommended that statutory bodies should put a ceiling on the amount to be expended on CSR which must be exceeded by any firm.

  3. Banking efficiency under corporate social responsibilities

    DEFF Research Database (Denmark)

    Ohene-Asare, Kwaku; Asmild, Mette

    2012-01-01

    using Data Envelopment Analysis (DEA) thus contributing to the scanty research on African banks. We observe a significant difference between the DEA model that includes CSR and the other without CSR, an indication that the inclusion of CSR may be important for bank efficiency assessment. As a further......This paper expands the banking efficiency literature by developing a banking intermediation model that captures both profit-maximizing and Corporate Social Responsibilities (CSR) of banks. Using a data set of 21 banks for each year 2006-2008, we evaluate the relative efficiency of Ghanaian banks...... analysis, we use a second stage OLS regression which confirms a positive relationship between CSR and profitability and efficiency indicators. The findings suggest that considering CSR in efficiency assessment of banks is not only important on conceptual grounds, but also indicates that banks...

  4. EFEKTIVITAS IMPLEMENTASI CORPORATE SOCIAL RESPOSIBILITY PT. ABC

    Directory of Open Access Journals (Sweden)

    Rizkiaji Rikky Djunaedi

    2015-12-01

    Full Text Available The purposes of this study were 1 to analyze public perceptions on the effectiveness of the implementation of CSR of PT. A B C; 2 to analyze the implementation of CSR activities by PT. A B C; 3 to formulate strategies to improve the effectiveness of the implementation of CSR of PT. A B C. The method used in this research was descriptive analysis with a survey approach to measure expectations and performance assessment on the CSR implemented programs by the public, and there were respondents 104 respondents involved in this study. This study used the Importance-Performance Analysis (IPA aiming to determine the effectiveness of the programs that have been implemented and to map the relationship between the expectations and the performance of each variable. Furthermore, using a SWOT analysis of the data processing and of the objectives of the program made by CSR is expected to provide recommendations to develop strategies in order to increase the effectiveness of CSR program of ABC Company.Keywords: corporate social responsibility (CSR, mining industry, implementation analysis, IPA, SWOTAbstrakTujuan dari  penelitian ini adalah 1 menganalisis persepsi masyarakat teradap efektivitas implementasi CSR PT. ABC; 2 menganalisis pelaksanaan  kegiatan CSR oleh PT. ABC; 3 merumuskan strategi untuk meningkatkan efektivitas implementasi CSR PT. ABC. Metode yang digunakan dalam penelitian ini adalah analisis deskriptif dengan pendekatan survey untuk mengukur harapan dan penilaian kinerja oleh masyarakat atas program CSR yang diterapkan. Jumlah responden sebanyak 104 orang.  Dalam penelitian ini digunakan Analisis Importance-Performance Analysis (IPA bertujuan untuk mengetahui efektifitas dari program-program yang telah dijalankan serta  memetakan hubungan antara harapan dengan kinerja dari masing-masing variabel. Selanjutnya menggunakan analisis SWOT dari hasil pengolahan data dan dari tujuan program dibuat oleh CSR sehingga dapat memberikan rekomendasi

  5. Corporate social responsibility: An organizational tool for survival in ...

    African Journals Online (AJOL)

    Demonstrating socially responsible behaviour has become increasingly important for corporations. The study identifies the extent of participation of the banking industries in corporate social responsibility, the bank policies as it affects CRS and the impact of the bank the on the practice of CRS. The study utilized primary ...

  6. Corporate Social Responsibility and Workers' Well-being in Nigerian ...

    African Journals Online (AJOL)

    The usual focus of Corporate Social Responsibility in Nigeria has always been on the society or the community where business is located while the place of workers as stakeholder in business is usually downplayed. This study examined the impact of corporate social responsibility on the wellbeing of workers in the ...

  7. Corporate social responsibility and workers' well-being in Nigerian ...

    African Journals Online (AJOL)

    The usual focus of Corporate Social Responsibility in Nigeria has always been on the society or the community where business is located while the place of workers as stakeholder in business is usually downplayed. This study examined the impact of corporate social responsibility on the wellbeing of workers in the ...

  8. The Effects of Public Relations Messages about Corporate Social Responsibility.

    Science.gov (United States)

    Reeves, Byron; Ferguson-Dethorne, Mary Ann

    To determine whether public relations messages generated from three different corporate social responsibility philosophies would have different effects on attitudes and behavioral intentions toward a corporation, 147 college students participated in an experiment. The three social responsibility philosophies were defined as: a "profit" concept,…

  9. Analytic hierarchy process analysis for choosing a corporate social entrepreneurship strategy

    Directory of Open Access Journals (Sweden)

    Hadad Shahrazad

    2015-10-01

    Full Text Available After conducting an extensive analysis of both the specialised literature and practice and identifying three types of corporate social entrepreneurship in my PhD thesis titled “Corporate social entrepreneurship - the new paradigm of reshaping and rethinking business”, I decided to determine which of the three approaches is mostly suited for the Romanian market. The three types of corporate social entrepreneurship: corporate social entrepreneurship as local development tool, corporate social entrepreneurship as market development tool, and corporate social entrepreneurship as transformational innovation tool were organised as the alternatives of a carefully constructed hierarchy having as criteria: return on investment (which does not necessarily refer to the money that the company invests in the strategy; the term is derived from sustainability and scalability, degree of novelty, pre-entry knowledge and interest in solving the communities’ social problems. The questionnaire constructed based on the hierarchy using analytic hierarchy processes was distributed to experts (business developers coming from the following industries or sectors: beverages, IT, banking, furniture, and automotive. The research reveals which is the approach most likely to be employed by Romanian business developers. The results may be inferred to the sum of businesses represented by the expert business developers who were part of the research.

  10. Development in Corporate Sustainability: The Green Supply Chain Management Perspective and Challenges

    OpenAIRE

    Solomon, C.; Mohamad, M. N.; Jamaluddin, R.

    2014-01-01

    In recent years, the area of corporate sustainability and green supply chain management has been gaining popularity. Corporate Sustainability refers to ensuring that it contributes to a better quality of life today without compromising the quality of life of future generations. Green Supply Chain Management is commonly understood as the integration of environmental thinking into supply chain management. Sadly however, while interest in Corporate Sustainability is increasing, the supportive li...

  11. Corporate social responsibility and Facebook: A splashy combination?

    NARCIS (Netherlands)

    Korzilius, H.P.L.M.; Arias, M.M.

    2016-01-01

    Literature widely explores Corporate Social Responsibility (CSR), Online Social Networks and consumer behavior individually. However, research linking them has been scarce. Therefore, this study aims to assess the effect of CSR information provided through Facebook on consumers’ brand image and

  12. The Evolution of the Corporation: Organization, Finance, Knowledge and Corporate Social Responsibility

    OpenAIRE

    Peer Zumbansen

    2008-01-01

    This paper, which selectively focuses on the contested concept of Corporate Social Responsibility [CSR], forms part of a larger research project on the evolution of corporate governance. This research posits the evolution of corporate governance along three historical paradigms: first, the economic/industrial organization paradigm, second, the financial paradigm, and third, the knowledge paradigm. With regard to CSR, the paper explores the promises and shortcomings of the concept against the ...

  13. CORPORATE SOCIAL RESPONSIBILITY IN THE AUTOMOBILE INDUSTRY IN SLOVAK REPUBLIC

    Directory of Open Access Journals (Sweden)

    Jana Vicianová

    2011-01-01

    Full Text Available At present, the corporate social responsibility should be seen not only in theory, but mainlyat the level of business practice. Companies that apply the concept of corporate socialresponsibility are aware not only of social and environmental benefits, but also theeconomic benefits that this approach brings. Assumptions of social responsibility are tomaximize the market value of the business provided that companies respect the laws andresponsibilities of owners, managers and employees. Benefits of the corporate socialresponsibility are not only companies and their stakeholders, but also society. This factinspires many large enterprises to start up a socially responsible business. The paper dealswith the corporate social responsibility concept and its implementation in the car industryin Slovak republic. The aim of the article is basically on the theories of corporate socialresponsibility to identify the level of application of this concept in automobile industry inSlovakia.

  14. Corporate Sustainability Strategies: A Case Study in Brazil Focused on High Consumers of Electricity

    Directory of Open Access Journals (Sweden)

    Fabricio Casarejos

    2016-08-01

    Full Text Available The decline of socio-ecological resilience has emerged as an unprecedented truth with high risks to local and global economies, thereby increasing the vulnerability of businesses and markets while potentially threatening the wellbeing of civil society as a whole. From a business perspective, corporate strategies towards sustainability are crucial to strengthen the social and economic foundations that foster sustainable development. In order to assist enterprises pursuing leading market positions, this work proposes a set of strategic actions towards sustainability and an evaluation scheme to assess the effectiveness of their implementation process. This proposed global strategy encompasses five key sustainability indices—commitment, investment, difficulty, proactivity and vulnerability—focusing the investigation on a sample of enterprises representing the highest consumers of electricity in the state of Rio de Janeiro, Brazil. Addressing the energy consumption, this study also discusses the concerning level of GHG emissions that are associated with the generation of electricity. Although 85% of the enterprises participating in this survey recognized the relevance of the actions proposed, the current degree of proactivity and vulnerability associated with these enterprises indicate that very few of them have effectively implemented and invested in corporate sustainability programs, certainly a symptom of their institutional vulnerability.

  15. Strategic corporate social responsibility management for competitive advantage

    OpenAIRE

    Sousa Filho,José Milton de; Wanderley,Lilian Soares Outtes; Gómez,Carla Pasa; Farache,Francisca

    2010-01-01

    Corporate social responsibility strategy and competitive advantage are important issues for the contemporary discussion on corporations in society when taking into account social and environmental impacts. Empirically, we can see that social responsibility strategies are associated with competitive advantages, such as attracting valuable employees as well as enhancing the company image and reputation. This paper presents a theoretical review that demonstrates the association between social st...

  16. THE RELATIONSHIP BETWEEN CORPORATE VOLUNTEERING AND CORPORATE SOCIAL RESPONSIBILITY: RESULTS OF AN EMPIRICAL STUDY

    Directory of Open Access Journals (Sweden)

    Oscar Licandro

    2017-01-01

    Full Text Available Corporate Volunteering (CV is a phenomenon that emerged in the second half of the 20th century and began to grow and globalize at the beginning of the 21st century. There seems to be a consensus that the recent growth of Corporate Volunteering is related to the development and growing legitimacy of the concept of Corporate Social Responsibility (CSR. Nevertheless, the theoretical discussion on how the two concepts (Corporate Volunteering and Corporate Social Responsibility are related is just beginning, while empirical research on how this relationship operates in corporate practice is still incipient. This paper presents preliminary results of a research on this subject carried out in Uruguay in 2016. This is a statistical study that analyses the relationship between the application of corporate volunteering activities and the incorporation of a CSR approach to the management of companies. The incorporation of both types of practices is measured by a self-assessment questionnaire that includes 81 indicators (using a Likert scale to assess them, which were designed based on ISO 26000 Guidance of Social Responsibility. The questionnaire was administered to 96 companies, using a comparative analysis between those that practice Corporate Volunteering and those which do not. The results obtained allow us to support the hypothesis that the application of Corporate Volunteering is positively associated with the incorporation of CSR when managing the relationship between the company and its employees and also with the community. Moreover, these results contribute to a better understanding on how both concepts are related.

  17. Corporate sustainability and asset pricing models: empirical evidence for the Brazilian stock market

    Directory of Open Access Journals (Sweden)

    Vitor Gonçalves de Azevedo

    2016-01-01

    Full Text Available Abstract The paper investigates the impact of corporate sustainability on asset prices. For that purpose, we develop a novel corporate sustainability factor and test the extent to which this factor is priced in an augmented four-factor version of the traditional Fama & French (1993 asset pricing model. The corporate sustainability factor is based on a zero-investment portfolio which is long in stocks with high sustainability and short in stocks with low sustainability. We use data on the Brazilian stock market to estimate alternative model specifications with different combinations of four explanatory variables: the corporate sustainability premium, the market risk factor premium, the size factor premium and the book-to-market factor premium. Our results indicate that corporate sustainability is priced and helps to explain the variability in the cross-section of expected stock returns.

  18. A full value-chain Water Footprint Assessment to help informed decision in corporate sustainability strategies

    Science.gov (United States)

    Zhang, Guoping; Chico Zamanilo, Daniel; Bai, Xue; Ren, Xiajing; Chen, Rong; Qin, Jun

    2017-04-01

    This study evaluated the water footprint (WF) of five production facilities along Muyuan Foodstuff Co. Ltd's (Muyuan) value chain, and assessed the sustainability and impact of their water footprints at the river catchment level. Muyuan, a large-scale, integrated pig breeder and producer in China, is keen to fulfil its corporate social responsibilities and committed to ensuring food quality and security, promoting environmental protection, and participating in catchment water resources management. Formulating corporate water related sustainability strategies, however, has been challenging. This study carried out a comprehensive Water Footprint Assessment (WFA) for Muyuan's full value chain to assist in formulating such strategies and setting up action plans with water footprint reduction targets. The study showed that that the water footprint of the supply chain, resulting from crops and crop products used in Muyuan's feed production facility is a major contributor to Muyuan's facilities' water footprint. From the perspective of the direct WF at the facilities, addressing the impact on water quality from effluents (i.e. the grey water footprint) at hog farms is a critical component of any water sustainability strategy. From the blue WF perspective, there are opportunities to reduce blue water consumption at hog farms through improved technology and implementation of best practices. The water footprint sustainability assessment in this study indicated that Muyuan operates in a catchment which is already under water stress and is a hotspot in terms of both blue water scarcity and water pollution level. The study helped identify potential water-related risks and opportunities for improving Muyuan's water use efficiency as well as ways Muyuan could contribute to sustainable water resources management in the catchment within which it operates. This is an innovative application of WFA in the livestock sector and supports the development of Muyuan's corporate water

  19. Does corporate governance shape the relationship between corporate social responsibility and financial performance?

    NARCIS (Netherlands)

    Kabir, Mohammed Rezaul; Thai Minh, H.; Thai Minh, H.

    2016-01-01

    The theoretical as well as empirical relationships between corporate social responsibility and corporate financial performance are not without controversy. Yet, CSR activities are increasingly undertaken by a large number of firms, not only in developed countries but also in emerging countries.

  20. Impacts of Socially Responsible Corporate Activities on Korean Consumers’ Corporate Evaluations in the Agrifood Industry

    Directory of Open Access Journals (Sweden)

    Dongmin Lee

    2016-12-01

    Full Text Available The variety of socially responsible corporate activities employed in the agrifood industry has been broadening. An increasing number of agrifood companies have been employing strategic approaches to socially responsible activities, reinforced by Porter and Kramer’s concept of creating shared value (CSV. This study compares the effects on corporate evaluations of two socially responsible corporate activities: philanthropic giving and CSV. Because prior studies concerning the effects of corporate prosocial behaviors on consumer responses have yielded mixed results, the present study examines the effects of a priori perceptions of companies by using corporate stereotypes as moderators. The results show that the type of socially responsible corporate activity (CSV vs. philanthropic giving does not influence corporate evaluations. However, in cases of CSV (vs. philanthropic giving, consumers evaluate an unwarm but competent company more attractively and place higher value on an incompetent but warm company. This research is important not only for enriching existing literature, but also for providing guidelines to practitioners with respect to selecting appropriate corporate initiatives based on perceived consumer stereotypes.

  1. Does corporate social performance reduce greenhouse gas emissions at the macro level?

    NARCIS (Netherlands)

    Graafland, Johan; Hudson, Paul; Werner, Jonas

    2016-01-01

    Corporate social performance (CSP) is assumed to have a positive impact on macroeconomic sustainability, but empirical evidence of this impact is absent in the literature. The objective of this paper is to investigate the macro impacts of CSP. We first establish a conceptual framework on the

  2. The Foundations of Corporate Social Responsibility (replaced by CentER DP 2014-069)

    NARCIS (Netherlands)

    Liang, H.; Renneboog, L.D.R.

    2013-01-01

    Abstract: We investigate the roles of legal origins and political institutions – believed to be the fundamental determinants of economic outcomes – in corporate social responsibility (CSR). We argue that CSR is an essential path to economic sustainability, and document strong correlations between

  3. Corporate Social Responsibility – between Desideratum and Reality

    Directory of Open Access Journals (Sweden)

    Anca Maria HRISTEA

    2011-10-01

    Full Text Available The corporate social responsibility is a desideratum of the world and it is an important premise of the business environment. The objectives of this presentation are: conceptual understanding, the identification of the advantages generated by the social responsibility for the company and for the society as a whole, the determination of the correlation between the enterprise’s efforts and the obtained effects, the pointing out of the necessity of setting up of the corporate social responsibility on ethical criteria. As a corollary, one can appreciate that the corporate social responsibility is a source of competitive advantage and a strategic intercession.

  4. Corporate social responsibility in a competitive business environment

    DEFF Research Database (Denmark)

    Newman, Carol; Rand, John; Tarp, Finn

    Using a specially designed survey instrument in combination with a representative sample of Vietnamese enterprises, we explore firm-level efficiency effects of corporate social responsibility. We find a positive relationship between adoption of corporate social responsibility initiatives and firm...... efficiency, and reveal that the impact is stronger for firms in non-competitive industries. Moreover, we show that local community focused corporate social responsibility initiatives drive the aggregate effect. This suggests that socially responsible actions by firms are likely to pay-off when stakeholder...

  5. Current Debates in Corporate Social Responsibility: An Agenda for Research

    Directory of Open Access Journals (Sweden)

    David Crowther

    2007-06-01

    Full Text Available Corporate Social Responsibility (CSR has a particular prominence at this point in time, featuring heavily in the discourses of both academe and business. The understanding of what is meant by CSR continues to evolve as a consensus is reached. Nevertheless some important debates continue – or are commencing – which need to be resolved. It is the purpose of this paper to highlight these as some of the current debates within the CSR community – and hence form a significant part of an agenda for research in the area. Specifically we focus upon three key areas for the management of business, namely setting standards for reporting, identifying and implementing sustainable practice, and the management of risk.

  6. Promoting Corporate Social Responsibility in Logistics throughout Horizontal Cooperation

    Directory of Open Access Journals (Sweden)

    Angel A. Juan

    2014-03-01

    Full Text Available This paper discusses how Corporate Social Responsibility (CSR can be promoted in Logistics and Transportation (L&T companies by means of Horizontal Cooperation (HC practices. The L&T sector is experiencing important changes because of new trends in markets and society. These changes have a strong impact on the way L&T companies develop their distribution activities.On the one hand, globalisation and increasing competition are creating incentives for these companies to cooperate in different ways – with the aim of becoming more efficient by sharing resources and reducing costs. On the other hand, the increasing sustainability awareness within society is pressuring L&T companies to integrate CSR principles into their strategies and policies. Accordingly, this paper discusses the current trends in these areas and offers some examples of how HC can contribute to reduce both distributions costs as well as the environmental impact of the distribution activities.

  7. Corporate social responsibility and stakeholders: Review of the last decade (2006–2015

    Directory of Open Access Journals (Sweden)

    Barić Andrija

    2017-03-01

    Full Text Available Background: Globalization, strong development of information-communication technologies and the emergence of new burning challenges for the global communities enabled the concept of corporate social responsibility to be perceived as a business model that allows for successful differentiation of companies, as well creating sustainable competitive advantage. Objective: The goal of the paper is to offer a short overview of the role of internal and external stakeholders within the concept of corporate social responsibility and point out the importance of quality relationships between the company and its stakeholders with the aim of improving the standard of living of all community members. Methods/approach: The paper is based on a systematic analysis of previously published relevant international scientific papers in the field of corporate social responsibility, stakeholder theory and information-communication technologies. Results: This paper demonstrates that the concept of corporate social responsibility has gone, in its several decades of existence, from the "unnecessary dependency" phase to the critical business model phase. Conclusions: As there is a natural connection between the concept of corporate social responsibility and the stakeholders, it can be concluded that the quality of the relationship between the company and its stakeholders represents a key factor that affects the success of the company in its notion of differentiating itself from competitors and creating sustainable competitive advantage.

  8. Strategic Sustainability Management for Enhancing Corporate Value: in the context of Korean Business Circles

    NARCIS (Netherlands)

    Y-G. Ahn

    2007-01-01

    textabstractIn line with the growing importance of Corporate Sustainability Management (CSM) in business circles, the linkages between CSM, corporate values and performance is becoming increasingly higher on the agenda both for internal corporate management purposes and for external relations for

  9. The Impact of Interactive Corporate Social Responsibility Communication on Corporate Reputation

    NARCIS (Netherlands)

    D. Eberle (David); G.A.J.M. Berens (Guido); T. Li (Ting)

    2013-01-01

    markdownabstract__Abstract__ Companies increasingly communicate about corporate social responsibility (CSR) through interactive online media. We examine whether using such media is beneficial to a company's reputation. We conducted an online experiment to examine the impacts of interactivity in

  10. Corporate social responsibility initiatives addressing social exclusion in Bangladesh.

    Science.gov (United States)

    Werner, Wendy J

    2009-08-01

    The private sector is often seen as a driver of exclusionary processes rather than a partner in improving the health and welfare of socially-excluded populations. However, private-sector initiatives and partnerships- collectively labelled corporate social responsibility (CSR) initiatives-may be able to positively impact social status, earning potential, and access to services and resources for socially-excluded populations. This paper presents case studies of CSR projects in Bangladesh that are designed to reduce social exclusion among marginalized populations and explores whether CSR initiatives can increase economic and social capabilities to reduce exclusion. The examples provide snapshots of projects that (a) increase job-skills and employment opportunities for women, disabled women, and rehabilitated drug-users and (b) provide healthcare services to female workers and their communities. The CSR case studies cover a limited number of people but characteristics and practices replicable and scaleable across different industries, countries, and populations are identified. Common success factors from the case studies form the basis for recommendations to design and implement more CSR initiatives targeting socially-excluded groups. The analysis found that CSR has potential for positive and lasting impact on developing countries, especifically on socially-excluded populations. However, there is a need for additional monitoring and critical evaluation.

  11. Sustainable social change and communication

    NARCIS (Netherlands)

    Servaes, J.; Lie, R.

    2013-01-01

    The article provides a survey of the field of sustainable social change and communication in the global context. It discusses the history of development communication as well as related policy and rights issues. It reviews approaches such as modernization, globalization and localization,

  12. Study Regarding Fiscal Policy – Corporative Social Responsibility Correlation

    OpenAIRE

    Georgeta VINTILĂ; Ștefan Daniel ARMEANU; Maria-Oana FILIPESCU; Maricica MOSCALU; Paula LAZĂR

    2012-01-01

    In the context of globalization, the lack of stability of the production factors raises a public issue regarding the corporation’s implications in social responsibility actions. Thus, the fiscal policy promoted by corporations can and will influence corporate social responsibility actions and the fiscal aggression can be considered socially irresponsible, through costs associated to fiscal obligations nonpayments. Starting from different controversies about the correlation ...

  13. Developing a Web Platform to Strategically evolve corporate social responsibility

    OpenAIRE

    Bhatnagar, Saumya

    2016-01-01

    Corporate Social Responsibility (CSR) has become an integral component of many companies especially technology companies. A huge percentage of technology companies want to engage their employees through corporate social responsibility as well; leading to the evolution of a new kind term- “Employee Community Engagement”. With 80% job seekers preferring to work for companies that are socially responsible and employee engagement reducing the staff turnover, CSR and employee engagement has become...

  14. The Influence of Perceived Corporate Sustainability Practices on Employees and Organizational Performance

    Directory of Open Access Journals (Sweden)

    Yongrok Choi

    2014-01-01

    Full Text Available Most previous studies on corporate sustainability (corporate social responsibility practices tend to focus on external stakeholders and outcomes. However, the influence of CSR practices on employees remains largely unexplored. In this study, we examine the influence of CSR practices on employees’ attitudes and behaviors. We investigate the mediation effect of employees’ attitudes and behaviors on the relationship between CSR practices and organizational performance. The empirical results indicate that employees’ perceptions of CSR practices have a positive impact on their organizational commitment and organizational citizenship behavior. The organizational citizenship behavior partially mediates the relationship between CSR practices and organizational performance, whereas organizational commitment indirectly mediates the relationship only through organizational citizenship behavior. This study also raises some important implications based on the empirical results.

  15. Managers' Perceptions of the Role of Corporate Social ...

    African Journals Online (AJOL)

    This paper evaluates the perception of managers in Tanzania of whether or not organizations benefit, in terms of growth, by acting responsibly socially. It evaluates two types of social responsibilities: market-oriented social responsibility and corporate social responsibility. The study interviewed 30 managers to evaluate the ...

  16. GIFTED: THE MONOLINGUALISM OF CORPORATE SOCIAL RESPONSIBILITY

    Directory of Open Access Journals (Sweden)

    Jean-Luc Moriceau

    2012-03-01

    Full Text Available Acts of Corporate Social Responsibility are more often than not portrayed as success-story narratives. A quasi-ethnographic study in Senegal shatters the underlying assumptions of these accounts. First a computer donation from a Northern country is described with all the usual incidents and related vocabulary. Later, during a visit to a Senegalese rubbish dump, the story starts to falter, as countless questions arise about what is actually going on there, and how we can know and represent it (both as a portrayal and as a voice. A tipping point in an interview serves to reveal the ambiguities of the position adopted and the difficulties of expressing oneself in a different language. The CSR language is described as a kind of monolingualism, which employs a particular vocabulary and grammar for what is said or thought. This is the monolingualism of the other. Some of the implications of this monolingualism are examined, and this leads to the conclusion that there is a need to take measures with regard to the CSR language and that more than one language is needed to speak about CSR.

  17. Building Corporate Reputation through Sustainable Entrepreneurship: The Mediating Effect of Ethical Behavior

    Directory of Open Access Journals (Sweden)

    Mª del Mar Ramos-González

    2017-09-01

    Full Text Available This article investigates how a management approach based on sustainable entrepreneurship can positively affect corporate reputation. The analysis showed that this effect is enhanced by the mediating effect of good governance based on ethical behavior. The empirical study was conducted using data for 104 large Spanish firms defined as sustainable by the Corporate Reputation Business Monitor (MERCO ranking.

  18. Corporate Social Responsibility and Human Rights

    DEFF Research Database (Denmark)

    Buhmann, Karin

    2006-01-01

    rather than public regulation. The UN Global Compact and the UN Norms on human rights responsibilities for transnational and other corporations are discussed as examples of changes in international UN based regulation of corporations in relation to CSR topics, and as examples of network governance...

  19. The effects of legislation on corporate social responsibility in the ...

    African Journals Online (AJOL)

    ... minerals sector of the country can no longer deprioritise CSR in their corporate planning as hitherto. It concludes that the effect of this law is to empower the community as an important stakeholder thereby validating the stakeholder thesis herein espoused. Keywords: Corporate social responsibility (CSR), minerals, mines, ...

  20. Corporate Social Responsibility in Large Family and Founder Firms

    NARCIS (Netherlands)

    J.H. Block (Jörn); M. Wagner (Marcus)

    2010-01-01

    textabstractBased on arguments about long-term orientation and corporate reputation, we argue that family and founder firms differ from other firms with regard to corporate social responsibility. Using Bayesian analysis, we then show that family and founder ownership are associated with a lower

  1. Perceptions of Corporate Social Responsibility: Differences Across Industries and Functions.

    Science.gov (United States)

    Hamilton, John W.; And Others

    The concept of social responsibility as applied to business suggests that the corporation no longer has a responsibility only to the stockholder but must make decisions aimed toward balancing the interests of all clientele groups affected by actions of the corporation. These groups include managers, administrators, employees, and the general…

  2. Consistency in behavior of the CEO regarding corporate social responsibility

    NARCIS (Netherlands)

    Elving, W.J.L.; Kartal, D.

    2012-01-01

    Purpose - When corporations adopt a corporate social responsibility (CSR) program and use and name it in their external communications, their members should act in line with CSR. The purpose of this paper is to present an experiment in which the consistent or inconsistent behavior of a CEO was

  3. The Role of Private International Law in Corporate Social Responsibility

    NARCIS (Netherlands)

    G. van Calster (Geert)

    2014-01-01

    markdownabstract__Abstract__ This contribution firstly reviews developments in the EU and in the United States on corporate social responsibility and conflict of laws. It concludes with reference to some related themes, in particular on the piercing of the corporate veil and with some remarks on

  4. Corporate sustainability and responsibility : creating value for business, society and the environment

    OpenAIRE

    Camilleri, Mark Anthony

    2017-01-01

    Today’s corporations are increasingly implementing responsible behaviours as they pursue profit-making activities. A thorough literature review suggests that there is a link between corporate social responsibility (CSR) or corporate social performance (CSP) and financial performance. In addition, there are relevant theoretical underpinnings and empirical studies that have often used other concepts, including corporate citizenship, stakeholder management and business ethics. In this light, thi...

  5. Information disclosure in corporate social responsibility reports. The case of Lithuanian companies

    Directory of Open Access Journals (Sweden)

    Sviesa Leitoniene

    2016-09-01

    Full Text Available Though the phenomenon of corporate social responsibility (CSR is closely scrutinized in studies of both Lithuanian and foreign scholars, the problem is the quality of social information disclosed in social re-sponsibility reports. The objective of this article is to analyse the quality of disclosed information in CRS reports of Lithuanian companies. The characteristics of quality of information were comparability, relia-bility, objectivity and sustainability. The research demonstrated that in Lithuania, CSR reports provide unreliable information, which is only partly comparable and objective, however, relatively sustainable.

  6. Information disclosure in corporate social responsibility reports. The case of Lithuanian companies

    Directory of Open Access Journals (Sweden)

    Sviesa Leitoniene

    2016-09-01

    Full Text Available Though the phenomenon of corporate social responsibility (CSR is closely scrutinized in studies of both Lithuanian and foreign scholars, the problem is the quality of social information disclosed in social re- sponsibility reports. The objective of this article is to analyse the quality of disclosed information in CRS reports of Lithuanian companies. The characteristics of quality of information were comparability, relia- bility, objectivity and sustainability. The research demonstrated that in Lithuania, CSR reports provide unreliable information, which is only partly comparable and objective, however, relatively sustainable.

  7. Corporate social responsibility and hospitals: US theory, Japanese experiences, and lessons for other countries.

    Science.gov (United States)

    Takahashi, Toshiro; Ellen, Moriah; Brown, Adalsteinn

    2013-01-01

    This paper examines the role that corporate social responsibility can play in advancing hospital management. Corporate social responsibility is the integration of social and environmental concerns within business operations. The authors discuss how corporate social responsibility can help hospitals and provide suggestions to hospitals in deciding which corporate social responsibility initiatives to pursue.

  8. Corporate Social Responsibility and Environmentally Sound Technology in Endogenous Firm Growth

    Directory of Open Access Journals (Sweden)

    Angela C. Chao

    2017-02-01

    Full Text Available We have entered the “New Normal” economy, with more emphasis on economic growth driven by innovation than resource. This paper investigates the impacts of firms considering corporate social responsibility and environmentally sound technology by building a three-stage Cournot competition model with asymmetric cost. The sustainable development of economic and endogenous firm growth achieves the win–win result in the theoretical model. Using data from 31 firms in China, this paper empirically researches on the relationships among corporate social responsibility, environmentally sound technology and firm endogenous growth. The results show that: (1 Marginal cost decreased with the increase of innovation, as well as getting government research and development subsidy, which has a positive effect on firm growth. (2 Consumers respond positively to corporate social responsibility initiative, the reputation of the firm can be improved. At the same time, environmentally sound technology objectively reduces the marginal cost of competitors because of the technology spillover. (3 Profit of a firm undertaking corporate social responsibility partly decreases, which has a negative effect on firm growth. The contradiction between corporate social responsibility and profit of firm could be adjusted, such as socially responsible investment fund hosed by institutional investors.

  9. Corporations and Citizenship Arenas in the Age of Social Media

    DEFF Research Database (Denmark)

    Moon, Jeremy; Whelan, Glen; Grant, Bettina

    2013-01-01

    Little attention has been paid to the importance of social media in the corporate social responsibility (CSR) literature. This deficit is redressed in the present paper through utilizing the notion of ‘citizenship arenas’ to identify three dynamics in social media-augmented corporate–society rela......Little attention has been paid to the importance of social media in the corporate social responsibility (CSR) literature. This deficit is redressed in the present paper through utilizing the notion of ‘citizenship arenas’ to identify three dynamics in social media-augmented corporate......–society relations. First, we note that social media-augmented ‘corporate arenas of citizenship’ are constructed by individual corporations in an effort to address CSR issues of specific importance thereto, and are populated by individual citizens as well as (functional/formally organized) stakeholders. Second, we...... and communication technology corporations possess specific, and potentially very important, capacities, when it comes to creating, or helping construct, public arenas of citizenship from within which individual citizens can influence their broader political–economic environment. Following this, we discuss how...

  10. Ways to improve of corporate social responsibility in Ukrainian forestry

    Directory of Open Access Journals (Sweden)

    Martyinenko Irina

    2016-02-01

    Full Text Available The article analyzes the marketing techniques of corporate social responsibility in the current conditions of the Ukrainian wood industry with an emphasis on the need to conduct non-financial reporting

  11. Corporate Social Responsability - Integral Part of Modern Organizational Culture

    National Research Council Canada - National Science Library

    Nicoleta Camelia Cicioc; Ramona Gabrea

    2014-01-01

    ... they belong and where they operate. Many national and international organizations invest considerable amounts of money in actions of corporate social responsibility because they are aware that the result is not in vain, the result will obtain...

  12. INTELLECTUAL CAPITAL DAN CORPORATE SOCIAL RESPONSIBILITY PENGARUHNYA PADA PROFITABILITAS PERBANKAN

    Directory of Open Access Journals (Sweden)

    I Gusti Ayu Nyoman Budiasih

    2015-10-01

    Full Text Available Penelitian ini bertujuan menguji secara empiris pengaruh Intellectual Capital dan Corporate Social Responsibilty pada Profitabilitas sektor Perbankan. Sampel penelitian yaitu seluruh bank di Bursa Efek Indonesia yang terdaftar periode 2011-2013 dengan metode purposive sampling. Teknik analisis yang digunakan adalah regresi linear berganda. Metode pengumpulan datanya menggunakan  metode dokumentasi. Hasil penelitian ini menunjukkan intellectual capital berpengaruh positif pada Profitabilitas. Disisi lain Corporate Social Responsibilty tidak berpengaruh pada Profitabilitas. This study aims to determine the effect of intellectual capital and Corporate Social Responsibility on profitability on Banks sector. Samples were banks listed from 2011-2013 periods employing purposive sampling method. The analysis technique used was multiple linear regressions. The technique of data collections was documentation. The results of this study demonstrate intellectual capital had positive effect on profitability. On the other hand, Corporate Social Responsibility had no effect on profitability. 

  13. Corporate Social Responsibility And Islamic Business Organizations: A Proposed Model

    Directory of Open Access Journals (Sweden)

    Rusnah Muhamad

    2008-01-01

    Full Text Available The issue of corporate social responsibility (CSR has been of growing concern among business communities in recent years. Various corporate leaders maintain that business is considered to contribute fully to the society if it is effi cient, profi table and socially responsible. Islam is considered as addin (a way of life, thus, providing comprehensive guidelines in every aspects of the believers’ life. It is the aim of this paper to propose an Islamic model of corporate social responsibility based on human relationships with the God (hablun min’Allah; with other fellow human being (hablun min’an-nas and with the environment.Keywords : Corporate Social Responsibility, Islamic Business Organization

  14. Corporate Social Reporting Practices of Top Indian Software Firms

    Directory of Open Access Journals (Sweden)

    Vijaya Murthy

    2008-03-01

    Full Text Available This study examines the corporate social reporting practices and the motivations behind such practicesof the top 16 software firms in India. The 2003-2004 annual reports were analysed using contentanalysis to examine social reporting relating to human resource and social relations, combined with 14case study interviews that examined managerial motives behind corporate social reporting (CSRrelating to the sample firms. When findings were analysed using legitimation strategies, the resultsindicate that firms use dual strategies in reporting their human resource and social relations to legitimisetheir activities to stakeholders.

  15. Sustainability Quotients and the Social Footprint

    NARCIS (Netherlands)

    Jorna, Rene J.; van Engelen, Jo; McElroy, M.W.

    2008-01-01

    We argue that most of what passes for mainstream reporting in corporate sustainability management fails to do precisely the one thing it purports to do - which is make it possible for organizations to measure and report on the sustainability of their operations. It fails because of the lack of what

  16. Social learning towards a sustainable world

    NARCIS (Netherlands)

    Wals, A.E.J.

    2007-01-01

    This comprehensive volume - containing 27 chapters and contributions from six continents - presents and discusses key principles, perspectives, and practices of social learning in the context of sustainability. Social learning is explored from a range of fields challenged by sustainability

  17. Gender differences in customer expectations and perceptions of corporate social responsibility

    DEFF Research Database (Denmark)

    Calabrese, Armando; Costa, Roberta; Rosati, Francesco

    2016-01-01

    The literature on business ethics, corporate social responsibility and sustainability includes many studies on gender differences, however the results are often contrasting. In particular, there has not yet been full agreement on the role and significance of gender differences in customer...... the use of a standardized measure of effect size for analysing the substantive significance of gender differences in customer expectations and perceptions of corporate social responsibility. This novel approach increases results reliability and, accordingly, the effectiveness of company or policy maker...... of expectations, and the significance of gender differences decreases with age. In contrast, the perception of corporate social responsibility does not show significant gender differences, either at the general level or when the analyses are repeated by education levels and age groups. The paper introduces...

  18. The relationship between virtuous CEOs and corporate social responsibility

    OpenAIRE

    Frende Vega, María de los Ángeles; Carmelo Ordaz, Carmen; Ruiz Navarro, José

    2014-01-01

    This study tests the effects of virtuous CEOs on corporate social responsibility views (narrow vs broad). Using the data envelopment analysis (DEA) technique, we find that virtuous CEOs correlated positively with a broad view of corporate social responsibility (CSR). We also examine the moderating role the board of directors plays in the relationship between virtuous CEOs and CSR but finds no positive association. Our results indicate that CEOs matter and that their virtuous values may be a m...

  19. A new role for businesses? Analyzing corporate social responsibility

    OpenAIRE

    Sucuoğlu, Gizem

    2002-01-01

    Cataloged from PDF version of article. This study analyzes the concept of corporate social responsibility related to Transnational Corporations (TNCs); why businesses are undertaking new responsibilities related to the social realm. As the power and visibility of TNCs have increased and their influence on society has grown, public expectations concerning their operations also rose. The constructivist theory of International Relations is used in order to approach the issues i...

  20. The Social Responsibility of Corporate Management: A Classical Critique.

    OpenAIRE

    Philip R. P. Coelho; McClure, James E.; John A. Spry

    2002-01-01

    Calls for corporate social responsibility are widespread, yet there is no consensus about what it means; this may be its charm. It is possible to distinguish the fiduciary duty owed to shareholders as expressed by Milton Friedman from all other paradigms of corporate responsibility. Friedman maintains that: “ . . . there is one and only one social responsibility of business- to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of ...

  1. Internet corporate social responsibility disclosure among Malaysian listed companies

    OpenAIRE

    Homayoun, Saeid; Abdul Rahman, Rashidah; Johansson, Jeaneth; Malmström, Malin

    2012-01-01

    The aim of the study is to examine the type and quantity of Corporate Social Responsibility disclosure practices among a sample of 100 top companies listed on the Bursa Malaysia by Market capitalization for the financial year ended 2007. This research made use of online search for the website survey and content analysis by physical observation of the websites. The maximum raw score for corporate social responsibility obtained by the companies was 7 (or 88% of the total possible 8 points). The...

  2. CORPORATE SOCIAL RESPONSIBILITY: THE INFLUENCE OF THE SILVER BOOK

    OpenAIRE

    Ismail, Tuan Nooriani Tuan

    2011-01-01

    Corporate Social Responsibility (CSR) encompasses wide range of terms and the concern varies from business to business. It has passed the traditional issue of philanthropy. It goes beyond that. The focus is not limited to people or society only but it covers wide areas like environmental excellence, human rights and other issues that organization must integrate into their core business. In Malaysia, Bursa Malaysia developed the Corporate Social Responsibility (CSR) Framework for Public Limite...

  3. Women on Boards and Corporate Social Responsibility

    Directory of Open Access Journals (Sweden)

    Eunjung Hyun

    2016-03-01

    Full Text Available A growing body of research suggests that having more women in the boardroom leads to better corporate social responsibility (CSR performance. However, much of this work views the CSR-enhancing effect of women directors as largely driven by their moral orientations and rarely considers other underlying mechanisms. Moreover, less explored are the firm-specific conditions under which such CSR-promoting roles of female directors might be performed more (or less effectively. In this paper, we seek to bridge this gap in the literature by (1 proposing an additional account for the positive influence of female independent directors on the firm’s CSR and (2 illuminating the organizational context in which female directorship is likely to translate into good CSR performance. We argue that women independent directors might take CSR issues more seriously than their male counterparts not only because of their stronger moral orientations, but also because they have reputational reasons to do so. Further, we suggest that female directors’ concerns about CSR-relevant matters are more (less likely to gain support from other members of the organization when their company is doing more (less business in the product markets where reputation for CSR is more (less vital for success. Using a sample of Standard & Poor’s (S&P 1500 index firms (2000–2009 and the data on their board composition and CSR ratings, we find strong support for our argument. We find that the number (or proportion of women independent directors is positively associated with a firm’s CSR ratings and that the strength of this relationship depends on the level of the firm’s consumer market orientation.

  4. Social and Environmental Issues in Corporative Management: A Romanian Story

    Directory of Open Access Journals (Sweden)

    Cornelia DASCĂLU

    2011-12-01

    Full Text Available The complex process of monitoring entities environmental impact entails ability, respect for the environment and reduction of the ecological footprint. This research defines Romanian trends as regards the effects and actions to adapt to climate change and characterizes corporate management in terms of compliance with environmental management systems requirements. The main objective is to assess the current state of environmental management implementation and identifies relevant social and environmental issues that companies use to include in corporate management. The current agenda would allow developing a framework for environmental management implementation in Romanian entities, in order to assume the corporate social responsibility.

  5. Societal determinants of corporate social disclosures : an international comparative study

    NARCIS (Netherlands)

    Orij, René Pieter

    2012-01-01

    The purpose of this study is to investigate whether corporate social disclosure levels are determined by society. A social accounting methodology is applied, consisting of a hypothetico-deductive approach. Social accounting research is a critical or interpretative branch of financial accounting

  6. Corporate social responsibility and safety and health at work

    NARCIS (Netherlands)

    Zwetsloot, G.; Starren, A.; Schenk, C.; Heuverswyn, K.; Kauppinnen, K.; Lindstrom, K.; Kuhn, K.; Zwink, E.; Lentisco, F.; Vaselli, D.; Pujol, L.; Bestraten, M.; Shearn, P.; Kenny, L.; Goudswaard, A.; Bovenkamp, M. van de

    2004-01-01

    Corporate social responsibility (CSR) was defined by the European Commission as a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis. To be socially responsible means going beyond

  7. Transformation processes of the corporate development in Russia: corporate social responsibility

    Directory of Open Access Journals (Sweden)

    Zhanna Sergeyevna Belyayeva

    2011-03-01

    Full Text Available Financial and economic crises made the level of readiness to changes in the different types of organizations throughout the world and Russia visible. Variation of social and economic programmes implemented by governmental and corporate sectors is widely seen; not all of them work positively for the population, especially in the countries with emerging markets. At the same time, twenty years of the market economy in Russia, for instance, have definitely built a new social and economic system, but whether it has changed fundamentally in the management techniques? This research generalizes some trends of the corporate development in Russia in the context of social responsibility and socio-economic transformation. The author attempts to define Russia's place on the world map of corporate social responsibility. The opportunities for Russia to learn from foreign experience are also examined.

  8. Identical or Just Compatible? The Utility of Corporate Identity Values in Communicating Corporate Social Responsibility

    DEFF Research Database (Denmark)

    Schmeltz, Line

    2014-01-01

    responsibility values, and implementation to capture how the different configurations of these aspects may impact the communication carried out by corporations. The findings indicate that the companies in the data sample operate with two markedly different value systems. The coexistence of two value systems...... is discussed in relation to the reported difficulties that companies experience when facing the new and complex challenge of communicating corporate social responsibility....

  9. Social capital theory related to corporate social responsibility

    Directory of Open Access Journals (Sweden)

    Eva Abramuszkinová Pavlíková

    2013-01-01

    Full Text Available The article deals with corporate social responsibility and its relationship to strategic management dealing with acquisition, development and utilisation of essential inputs. They influence the design of processes related to the creation of products or services that satisfy customers’ needs. Authors claim that the successful securing, deployment and development of any input is of human origin or linked to human activity which means that the nature of relationships plays a crucial role. As businesses are not isolated, they operate on a global scale where the question of trust is very important. The concept of social capital stresses that trust in norms and reciprocity facilitate increased productivity in individuals, teams and organisations. Social capital promotes value-added collaboration including on-going and demonstrative transparency which can secure closer bonding among those group members. Business responsibility, CSR and Putnam’s definition of social capital is shown on real case studies as a sign of importance for credibility and effectiveness of any CSR efforts. It is evident that the good will and support garnered from CSR can be fragile and easily damaged.

  10. CORPORATE SOCIAL RESPONSIBILITY: THE CASE OF ROMANIAN TRAVEL AGENCIES

    OpenAIRE

    ANDREEA MARIN-PANTELESCU; LAURA CRISTINA MANIU

    2013-01-01

    Corporate social responsibility (CSR) refers to a company’s voluntary activities “that appear to further some social good, beyond the interests of the firm and that which is required by law” (McWilliams & Siegel, 2001, p. 117). This paper focuses on the question “Are Romanian travel agencies aware and engaged in corporate social responsibility?” Using a direct marketing research approach we try to answer to this question by evaluating if the Romanian travel agencies are involved in social res...

  11. Enhancing the concept of corporate diplomacy : encompassing political corporate social responsibility, international relations, and peace through commerce

    NARCIS (Netherlands)

    Westermann-Behaylo, M.K.; Rehbein, K.; Fort, T.

    2015-01-01

    Corporate diplomacy is an emerging concept within the management literature. It describes corporate conduct in the international arena, particularly in challenging political and social environments. Management scholarship and practitioner literature have focused on the communication processes and

  12. Has social sustainability left the building?

    DEFF Research Database (Denmark)

    Jensen, Jesper Ole; Jørgensen, Michael Søgaard; Elle, Morten

    2012-01-01

    conceptualization has implied a narrower approach to sustainability and a lack of social sustainability measures. While earlier paradigms of sustainable buildings emphasized themes such as community building, self-provisioning, local empowerment, and shared facilities, such objectives are largely absent in the new...... as if 'social sustainability' more or less has vanished from the agenda; whereas former paradigms of sustainable buildings emphasised themes as community-building, self-supply, local empowerment, shared facilities etc., such themes are largely absent in the new types of sustainable buildings, which represents...... types of sustainable buildings. We question to what extent it is possible to design sustainable settlements without social sustainability. By viewing sustainable buildings as technological configurations, we argue that the multiactor approach, fragmentation of roles, and absent initiatives for social...

  13. ANALYZING CORPORATE SOCIAL RESPONSIBILITY REPORTING IN THE EUROPEAN UNION

    Directory of Open Access Journals (Sweden)

    ANDREESCU Nicoleta Alina

    2016-05-01

    Full Text Available In the context of national and international developments, Corporate Social Responsibility is becoming an increasingly important element on national and transnational policy agendas. An ever more diverse range of businesses are adopting CSR strategies as a core part of their business model. Socially responsible business can contribute to restoring trust in the market in the post-crisis context. In last years European Commission encouraging international business development and in same time, CSR instruments development in all types of organizations for encourage responsible business conduct. In this paper our purpose was to analyse the current stage of CSR in the EU. For this, we divided our research in two parts: in first part we analyze the current stage of CSR reporting of the EU members and in the second part, we study the organizational sectors of company which fulfill their report of sustainability. Our results prove us that are a few factors that influence the current stage of reporting and in last years number of company that report their CSR activity is increasing in all sectors and in all countries. Given the fact that CSR activities are becoming more and more important in any successful business, and taking into account the legislative changes that took place in European Laws, we consider CSR reporting to be even more intense in the years to follow, in EU member states.

  14. Incorporating Role of Stakeholders into Corporate CSR Strategy For Sustainable Growth: An Exploratory Study

    Directory of Open Access Journals (Sweden)

    Tanggamani Vani

    2017-01-01

    Full Text Available In today’s modern day context, Corporate Social Responsibility (CSR become the mantra for businesses as it can be seen as a strategic approach for firms to be succeed in their business endeavours. Hence, it remains the most widely used concept to refer to organizational- stakeholder relationships. An understanding about a stakeholder approach to CSR is an important means for a firm to enhance their commitment to operate in an economically, socially and environmentally sustainable manner. In support with above arguments, this article presents a theoretical proposition based on stakeholder theory for better CSR and firm performance. By drawing upon classic work in the field, the paper offers conceptual discussion and then systematically develops a means of stakeholder approach into corporate CSR strategy. The aim of this paper is to demonstrates the need for a firm to enhance further understanding about the role of stakeholders in the context of corporate CSR strategy, which is increasingly necessary in view of the fact that business entities are absolutely essential for economic development, but at the same time, their business activities pose a huge impact to society and the environment. Thus, firm's CSR disclosure is a pivotal tool to establish a relationship of working together with the stakeholders that ensures mutual benefit and continue to be a firm that is needed by society. This article contributes to the literature by providing a fundamental explanation of how a business should embrace responsibility for the impact of its activities on the stakeholders across various levels of the value chain. By doing so, firms are offered a means to take a much more proactive approach to CSR through the stakeholder approach which is precisely helpful in measuring the effectiveness of any CSR initiative on the society to foster business sustainability.

  15. Sustainable Urban Development and Social Sustainability in the Urban Context

    Directory of Open Access Journals (Sweden)

    Faruq Ibnul Haqi

    2016-08-01

    Full Text Available Social sustainability and sustainable urban developments are major challenges across the world both developed and developing countries. In general there is a conflict between the approach of sustainable development and social sustainability in the urban context. The concept of sustainability brings a key framework for extensive literature on urban design, architecture and planning. Nevertheless there is a considerable overlap between the social dimensions of sustainability and the theories or notions, for instance the ‘sustainable societies’ that are highlighted in the midst of other aspects: social equity and justice. Such society is widely expected to offer a situation for long-term social relations and activities which are sustainable, inclusive and equitable in a wider perception of the term (environmentally, socially and economically. The method adopted to address this aim involves a content analysis of available academic literature, with focus on the planning sustainable development, built environment, social sustainability, and urban planning fields. The findings demonstrate that in spite of some opposing evidence, many studies have confirmed that there has been displacement of the debate on the term of ‘sustainability’ from ‘ecological and environmental aspects into social and economic aspects’. It is related to how the community feel safe and comfortable living in their own communities, how have they felt of proud of the place where they live. The aim of the paper is to improve our understanding of current theories and practices of planning sustainable development and discuss whether the approach of sustainable development aligns with social sustainability objectives.

  16. Sustainability in the hospitality industry: some personal reflections on corporate challenges and research agendas

    OpenAIRE

    Jones, Peter; Hillier, David; Comfort, Daphne

    2016-01-01

    The purpose of this commissioned paper is to offer some personal reflections on\\ud sustainability within the hospitality industry.\\ud The paper opens by identifying sustainability as a teasing\\ud paradox for the hospitality industry and a short discussion of the characteristics of sustainability. It\\ud then explores the growing interest in corporate sustainability and offers a review of the range of\\ud academic research into sustainability within the hospitality industry literature. More gene...

  17. Effectiveness of Corporate Social Media Activities to Increase Relational Outcomes

    DEFF Research Database (Denmark)

    Risius, Marten; Beck, Roman

    2015-01-01

    This study applies social media analytics to investigate the impact of different corporate social media activities on user word of mouth and attitudinal loyalty. We conduct a multilevel analysis of approximately 5 million tweets regarding the main Twitter accounts of 28 large global companies. We...... effects of social media management tools, broadcasting accounts, and conversational communication on public perception.......This study applies social media analytics to investigate the impact of different corporate social media activities on user word of mouth and attitudinal loyalty. We conduct a multilevel analysis of approximately 5 million tweets regarding the main Twitter accounts of 28 large global companies. We...... empirically identify different social media activities in terms of social media management strategies (using social media management tools or the web-frontend client), account types (broadcasting or receiving information), and communicative approaches (conversational or disseminative). We find positive...

  18. Bridging miles to achieve milestones: Corporate social responsibility for primary health care.

    Science.gov (United States)

    Gulati, Ruchie

    2017-01-01

    Sustainable Developmental Goals aim to provide "Good health for all". The task though immense ,requires equitable and efficient distribution of health resources to the community, reached predominantly by the Primary Health Centres. Strengthening these centres is essential to attain the goal. Adequate health financing is one of the important determinants for utilizing the optimal potential of these centres . Pooling funds from alternate financing strategies as Corporate Social Responsibility (CSR) funds may give impetus and facilitate healthcare affordability to the underserved population. This convergence of vision of corporate funding for "basic health services" may bridge the gap arising out of inadequate funding and facilitate "Good Health for all" in India.

  19. The Latest Trends in the Corporate Sustainability and its Implications for Czech Businesses

    Directory of Open Access Journals (Sweden)

    Zuzana Křečková Kroupová

    2015-06-01

    Full Text Available This paper analyzes the state of corporate sustainability in the Czech Republic compared with world trends, including case studies of best practices. Corporate sustainability has developed from ad hoc activities dominantly focused on cost-cutting or corporate image improvements to strategic issue requiring the attention of corporate boards and top management. The development of sustainability as an integral part of corporate existence comprises of the following managerial implications: strategy, collaboration, and implementation. The strategic component requires mission reformulation, strategy redefinition and involves the board and top managers’ broader thinking, leaders capable of open mindedness, and creativity. The collaborative component calls for intensive collaboration and communication with all stakeholders, including association with avant-garde partners, such as, NGOs, regulators, universities, and competitors. The implementation component addresses the need for high quality change management programs.

  20. An Empirical Perspective on the Culture - Corporate Social Responsibility Relationship

    Directory of Open Access Journals (Sweden)

    Dumitru ZAIȚ

    2013-12-01

    Full Text Available Business competition and pressure of European directives put Romanian company in a position to find answers to issues related to long-term survival and development. In this context we believe it is necessary to analyze some of the most important components that should be taken into consideration at the strategic level: national and organizational culture. The results indicate that corporate social responsibility is supported by learning and change-oriented organizational culture, but also by a favorable cultural and national economic framework. Based on these theoretical considerations we intent to emphasize the relationships between national culture / corporate culture and corporate social responsibility (CSR, elaborating an empirical argument by analyzing the results provided by Global 100, an annual project initiated by Corporate Knights Inc. (Davos. Starting with 2005, it has the largest database in the world and an appropriate evaluation methodology that provides a ranking of the top 100 most responsible companies in the world.

  1. Responsabilidad social empresarial: gobernanza corporativa, empresa y ONG (Corporate social responsability: corporate governance, business and NGO

    Directory of Open Access Journals (Sweden)

    María Dolores Sánchez Fernández

    2012-06-01

    Full Text Available To carry out various activities related to corporate social responsibility corporations identify the different stakeholders of the organization, in which NGOs are found. The study carried out was to analyze what role charity organizations play and the role they should pursue in corporate governance as stakeholders of the organization. The organizations claim that they intervene as auditors of the codes of conduct developed by companies. There are forces that inhibit collaboration between companies and NGOs, but there are also strategies that coexist which the latter can adopt in order to achieve collaboration between the two. It becomes manifest that the third sector is not a synonym of NGOs, but that these organizations are a component of it. The benefit of public private partnerships for society and the power that companies obtain, especially multinationals, the evasion of responsibilities with regard to the preservation of human rights is raised in the debate. This work debates the role which NGOs acquire with reference to codes of conduct adopted by companies. Finally, given its relevance, the case of the Red Cross is studied. Las corporaciones para llevar a cabo las distintas actividades relacionadas con la responsabilidad social empresarial identifican las diferentes partes interesadas de la organización, dentro de las cuales se encuentran las ONG. En el estudio desarrollado nos planteamos analizar qué papel desempeñan y cuál deberían ejercer las ONG en la gobernanza corporativa. Existen fuerzas que inhiben la colaboración entre empresa y ONG, pero también coexisten estrategias que pueden adoptar estas últimas para lograr la colaboración entre ambas. Se pone de manifiesto que el tercer sector no es sinónimo de ONG, sino que estas organizaciones son un componente del mismo. Se plantea en el debate el beneficio de las alianzas público privadas para la sociedad y el poder que adquieren las empresas, especialmente en el caso de las

  2. REPORTING CORPORATE SOCIAL RESPONSIBILITY: AT THE PURSUIT OF LEGITIMACY - A LITERATURE REVIEW

    Directory of Open Access Journals (Sweden)

    Rim Lahbil

    2017-09-01

    Full Text Available Since one of today’s business buzzwords is “Sustainability”, an increasingly large number of companies aim to generate a lasting competitive advantage by balancing the value creating process with the social and environmental challenges. Therefore, Corporate Social Responsibility (CSR appears as the assertive voice in which corporate governance is expressed in terms of sustainable development. The widespread adoption of sustainability reporting (SR confirms companies' growing awareness of their social responsibilities. The researches previously conducted present mainly two drivers for sustainability reporting. Firstly, it is seen as a communication technique. Secondly, it is a legal obligation, driven by national and international laws. Thus, the credibility of sustainability reporting seems to be relevant to question. The literature review reveals that scholars and practitioners have largely focused on the determinants of this form of communication, used media, content and recipients. Although the reliability of the information has often been questioned, it is the least studied empirically. By adopting internal control mechanisms and privileging external audits, an arsenal of arrangements is used in order to improve the credibility and the transparency of social and environmental information. Through a theoretical and empirical synthesis of the literature exploring the SR research field, this paper answers two major questions: what value for the sustainability reporting and how can their legitimacy be assured? The findings imply that, subjected to various institutional and regulatory pressures, companies tend to adopt societal reporting practices. It is mainly intended to guarantee trust and reliability in the information transmitted to the public.

  3. Entropy model of dissipative structure on corporate social responsibility

    Science.gov (United States)

    Li, Zuozhi; Jiang, Jie

    2017-06-01

    Enterprise is prompted to fulfill the social responsibility requirement by the internal and external environment. In this complex system, some studies suggest that firms have an orderly or chaotic entropy exchange behavior. Based on the theory of dissipative structure, this paper constructs the entropy index system of corporate social responsibility(CSR) and explores the dissipative structure of CSR through Brusselator model criterion. Picking up listed companies of the equipment manufacturing, the research shows that CSR has positive incentive to negative entropy and promotes the stability of dissipative structure. In short, the dissipative structure of CSR has a positive impact on the interests of stakeholders and corporate social images.

  4. THE IMPLEMENTATION OF CORPORATE SOCIAL RESPONSIBILITY IN MONGOLIAN BUSINESS SECTOR

    Directory of Open Access Journals (Sweden)

    Oyungerel Tudev

    2011-06-01

    Full Text Available The global aspirations regarding Corporate Social Responsibility remain far from being met in many developing countries today. More specifically, research regarding Mongolian companies´ social responsibility behaviour is missing and, from overall observation the performance is weak. This research is principally focused on explaining existing conflicts about the comprehension or understanding of just what Corporate Social Responsibility means from a theoretical perspective, and precisely, within Mongolian business circles. To give an answer to this question, the economic, legal, ethical and philanthropic responsibilities of companies was reviewed.

  5. Do Managerial Economics Textbooks Cover Ethics and Corporate Social Responsibility?

    OpenAIRE

    Sharon L. Green; Jane S. Lopus

    2008-01-01

    The topic of ethics has increased in importance in the business school curriculum in recent years. Highly publicised ethical scandals at corporations such as Enron, Arthur Anderson, and Tyco International, along with public alarm in response to accounts of environmental degradation, child labour abuses, and financial inequities, have heightened awareness of ethics and corporate social responsibility (CSR) in all business contexts. Although many colleges and universities have stand-alone gradu...

  6. Forms of Corporate Social Responsibility Practices of Companies in Malaysia

    OpenAIRE

    Neoh, Sher Lyn

    2015-01-01

    This management project seeks to explore the corporate social responsibility (CSR) practices of companies in Malaysia. To do this, the first part of the study looks into the general views of CSR along with its drivers and enablers before going into the collaboration patterns and drivers of companies and non-governmental organisation. In addition, some findings of multi-national corporations and CSR in Malaysia is also brought forward in this study. The companies selected for this study will t...

  7. Longitudinal Analysis of Corporate Social Responsibility on Company Websites

    Science.gov (United States)

    Smith, Katherine Taken

    2017-01-01

    As social issues increase, so does the scope of corporate social responsibility (CSR). Companies are expanding their CSR activities and making the terminology used to describe them more specific. This study compares website content of "Fortune" 500 companies in 2015 with content collected in 2011. Traditionally, two CSR issues have been…

  8. The concept of corporate social responsibility : A philosophical approach

    NARCIS (Netherlands)

    A. Lebano (Adele)

    2010-01-01

    textabstractCorporate social responsibility (CSR), or the idea that companies should combine economic, social and environmental concerns, seems an unavoidable component of discourses on business and society. Why is this the case? Is it because we are in a post neoliberal era, and in an economic

  9. Corporate Social and Ecological Responsibility of Russian Coal Mining Companies

    Science.gov (United States)

    Ravochkin, Nikita; Shchennikov, Vladimir; Syrov, Vasiliy

    2017-11-01

    Based on the provisions of corporate social responsibility and taking into account the specifics of Russian mining enterprises, the authors attempt to understand theoretically the corporate social and environmental responsibility in this paper. The study shows that the essence of the principles of socially responsible behavior has ancient roots, while the consumer's attitude towards nature begins only in the era of modern times. The genesis, evolution and transformation of social responsibility in Western countries in the twentieth century are traced. The necessity of taking into account the national social and cultural specifics of the domestic economy is substantiated instead of blind copying of foreign management practices. The difference in the formation of corporate social responsibility (CSR) abroad and in Russia is shown. The list of facts and factors contributing to the formation of CSR in Russian realities is given. With regard to the coal industry enterprises inconsistencies have been identified. Their overcoming will allow the enterprises formulating strategies for corporate social and environmental responsibility. The advantages of social and environmental responsibility in comparison with the legal one are presented. In conclusion, the authors summed up the theoretical interpretation of the object claimed in the introduction.

  10. Corporate Social Responsibility, Taxation and Aggressive Tax Planning

    Directory of Open Access Journals (Sweden)

    Knuutinen Reijo

    2014-05-01

    Full Text Available Society expects companies to take into account the economic, environmental, and social effects of their operations and activities. The concept of corporate social responsibility (CSR refers to the operations or actions of companies that are above or independent of the limits or minimum requirements set by legislation.

  11. The Corporate Social Responsibility Practices and Concerns of ...

    African Journals Online (AJOL)

    The research aims to understand the corporate social responsibility (CSR) practices by Addis Ababa University, the largest and the oldest university in Ethiopia. The issue of CSR in the context of higher learning institutions is one of the least studied subjects in Ethiopia in terms of what social responsibility considerations a ...

  12. Corporate social responsibility in the international banking industry

    NARCIS (Netherlands)

    Scholtens, B.

    This article aims at providing a framework to assess corporate social responsibility with international banks. Currently, it is mainly rating institutions like EIRIS and KLD that provide information about firms' social conduct and performance. However, this is costly information and it is not clear

  13. The Alignment of Morality and Profitability in Corporate Social Responsibility

    NARCIS (Netherlands)

    J. Semeniuk (Joanna)

    2012-01-01

    textabstractNowadays most of the big companies pride themselves on their social responsibility. When visiting the websites of IBM, Cisco, ING, Philips, BP, etc., one will easily find a tab called ‘corporate social responsibility’, or ‘sustainability’.1 Here, companies describe how they contribute

  14. Corporate social responsibility and safety and health at work

    NARCIS (Netherlands)

    Zwetsloot, G.I.J.M.

    2004-01-01

    This paper about European situation and perspectives on corporate social responsibility and safety and health at work was presented at Jornada Tecnica: Conditiones de Trabajo y Responsabilidad Social. This congress was organised by the Instituto Nacional de Seguridad e Higiene en el Trabajo (INHST)

  15. Impact of corporate social responsibility claims on consumer food choice

    DEFF Research Database (Denmark)

    Mueller Loose, Simone; Remaud, Hervé

    2013-01-01

    Purpose - The study assesses the impact of two different corporate social responsibility (CSR) claims, relating to social and environmental dimensions, on consumers’ wine choice across international markets. It is analysed how point of purchase CSR claims compete with other food claims and their ...

  16. Segmentation of Employee Perceptions in Relation to Corporate Social Responsibility Practices

    Directory of Open Access Journals (Sweden)

    Alin OPREANA

    2013-12-01

    Full Text Available Sustainability is changing the competitive landscape and reshaping the opportunities and threats that companies face. However, for companies to become green they need employees to develop, believe and engage with these initiatives. To achieve success with sustainable practices, companies can use internal marketing which is based on the satisfaction of employees as a premise to achieve the retention and attraction of top talent that will lead to corporate success. It is estimated that the internal customer satisfaction and loyalty contribute to satisfying the external customers, leading ultimately to a company’s profit maximization. In this paper I explore the impact of companies’ sustainability efforts among their employees. More specifically, we examine the results of an online survey conducted on employees of 10 multinational companies regarding the implementation of green internal marketing and corporate social responsibility to enhance their satisfaction at work.

  17. FREEDOM CHOICE OF THE ROMANIAN ENTERPRISES TO CORPORATE RESPONSIBILITY & SUSTAINABILITY COMPETITIVENESS

    Directory of Open Access Journals (Sweden)

    Lucretia Mariana Constantinescu

    2013-12-01

    Full Text Available The declared aim of this paper is to be an attempt to analyze the opinions regarding the corporate sustainability and responsibility that’s providing to formulate a combination of diagnosis and prognosis, assessing the past and present conditions of corporate responsibility and the way ahead by the investors of the Romanian economy during the last economic recession crisis years.

  18. The Role of Corporate Sustainability in a Low-Cost Business Model

    DEFF Research Database (Denmark)

    Lueg, Rainer; Pedersen, Maria Medelby; Clemmensen, Søren Nørregaard

    2015-01-01

    This multi-level case study illustrates how corporate sustainability contributes to the low-cost business model of a Scandinavian fashion company. Contrary to parts of the extant literature, we do not find that corporate sustainability directly adds measurable value (e.g. a better brand image......); neither does it exert coercive control over critical supplier relationships. However, corporate sustainability minimizes the downside risk of the business model. It does so by (1) creating implicit contracts that reach beyond traditional ‘shareholder value’, (2) transferring risk to suppliers and (3......) improving leadership by motivating management and employees, and by directing their attention to critical issues. For companies, we offer the insight that corporate sustainability is a necessary complement to shareholder value, even if the relationship is not obvious at first sight. We also suggest...

  19. Development of closed-loop supply chain network in terms of corporate social responsibility.

    Science.gov (United States)

    Pedram, Ali; Pedram, Payam; Yusoff, Nukman Bin; Sorooshian, Shahryar

    2017-01-01

    Due to the rise in awareness of environmental issues and the depletion of virgin resources, many firms have attempted to increase the sustainability of their activities. One efficient way to elevate sustainability is the consideration of corporate social responsibility (CSR) by designing a closed loop supply chain (CLSC). This paper has developed a mathematical model to increase corporate social responsibility in terms of job creation. Moreover the model, in addition to increasing total CLSC profit, provides a range of strategic decision solutions for decision makers to select a best action plan for a CLSC. A proposed multi-objective mixed-integer linear programming (MILP) model was solved with non-dominated sorting genetic algorithm II (NSGA-II). Fuzzy set theory was employed to select the best compromise solution from the Pareto-optimal solutions. A numerical example was used to validate the potential application of the proposed model. The results highlight the effect of CSR in the design of CLSC.

  20. PENGELOLAAN CORPORATE SOCIAL RESPONSIBILITYPT GRASADA INTERNATIONAL DI KABUPATEN PANGKEPPENGELOLAAN CORPORATE SOCIAL RESPONSIBILITYPT GRASADA INTERNATIONAL DI KABUPATEN PANGKEP

    Directory of Open Access Journals (Sweden)

    Muhammad Asaf Annur

    2015-10-01

    Full Text Available This study aims to determine the management of Corporate Social Responsibility ( CSR PT Grasada International in Pangkep . CSR management is a corporate social responsibility to the community and environment in which it operates . The method used in this research is mixed method with observational data collection techniques ; survey and interview . The results showed the implementation of corporate social responsibility has been running well ; ranging from environmental development program ; namely repair and maintenance of roads for farmers ; repair bridges and cliffs smoothing used for the construction of houses around . The field of education is to give assistance to children whose school students in elementary and junior high schools in the form of stationery and uniforms social humanitarian and religious never implemented but is not performing well.     Penelitian ini bertujuan untuk mengetahui pengelolaan Corporate Social Responsibility (CSR PT Grasada International di Kabupaten Pangkep.Pengelolaan CSR merupakan tanggung jawab sosial perusahaan kepada masyarakat dan lingkungan dimana perusahaan itu beroperasi.Metode penelitian yang digunakan dalam penelitian ini yaitumixed method dengan teknik pengumpulan data observasi, survey serta wawancara.Hasil penelitian menunjukkan pelaksanaan Corporate social responsibility ini sudah berjalan dengan baik, mulai dari program bina lingkungan yaitu perbaikan dan perawatan jalan untuk petani, perbaikan jembatan serta perataan tebing yang digunakan untuk pembangunan rumah sekitar.Bidang pendidikan yaitu memberikan bantuan kepada anak-anak siswa siswi yang sekolah di SD dan SMP berupa alat tulis dan baju seragam  sosial kemanusiaan dan keagamaan pernah dilaksanakan namun tidak terlaksana dengan baik.

  1. Corporate Social Responsibility Under Authoritarian Capitalism

    DEFF Research Database (Denmark)

    Hofman, Peter S.; Moon, Jeremy; Wu, Bin

    2017-01-01

    ’s framework of explaining CSR development in terms both of a business system’s historic institutions and of the impacts of new institutionalism on corporations arising from societal pressures in their global and national environments. We find two forms of CSR in China, reflecting the “multiplexity” of its...... business system: one in the mainly family-owned small and medium-sized enterprise sector reflecting concern with local reputation, and another in the corporate, mainly state-owned enterprise (SOE) sector, reflecting global and national societal expectations. We investigate the dynamics of CSR in China...... through the interplay of the global and national societal pressures and mediating and even leading roles played by the State and the Party. We consider the conceptual integrity and practical prospects for “state-led society-driven” CSR and future research opportunities, including those opened up...

  2. Construction of the economic indicators of performance in relation to environmental, social and corporate governance (ESG factors

    Directory of Open Access Journals (Sweden)

    Alena Kocmanová

    2012-01-01

    Full Text Available The article is focused on economic performance in relation to environmental, social and corporate governance indicators. Indicators are increasingly used by investors to understand the processes in company, focusing on the key factors. Many international institutions engaged in the development of environmental, social and corporate governance indicators and they are in accordance with financial institutions trying to find a common language in defining the environmental, social and corporate governance indicators affecting their common objectives to achieve sustainable, long-term growth and prosperity. The aim of the article is searching for the way of measuring economic performance of the company in relation to environmental, social and corporate governance indicators. On the basis of analysis of the environmental, social and corporate governance performance indicators of international organizations has been carried out empirical research of economic indicators for the companies in the manufacturing sector. The expected result of the research is the design of the economic indicators of performance in relation to environmental, social and corporate governance indicators. These proposed economic performance indicators should enable companies to measure the economic performance and added value towards sustainability.

  3. Millennial consumers shape corporate culture towards sustainability : the case of the food industry in Portugal

    OpenAIRE

    Baptista, Mariana Falcão Viana

    2017-01-01

    The main purpose of this Thesis is to understand Portuguese Millennials’ attitudes towards Corporate Sustainability and whether these influence companies’ Corporate Culture. Millennials seem to care about the environment and society to a greater degree than previous generations, and as consumers, they care about the sustainability of the products they buy. They also present an extremely complex brand loyalty behavior, and want to buy from companies whose values are in line with their own. To ...

  4. Managing Change towards Corporate Sustainability : A case study of Finnish SMEs

    OpenAIRE

    Erander, Mirka; Hetemäki, Nicholas

    2014-01-01

    Sustainability and corporate responsibility appears to be spoken topics in the business world. Due to this, companies may have to reconsider the way they operate their business. The previous studies within this field are mostly done for large companies and leave SMEs with limited focus. Therefore, this study investigates how SMEs manage their change towards corporate sustainability. The literature used in this study includes theory about change management in general, change management process...

  5. A Study of the Impact of Degree of Religiousness upon on Individual's Corporate Social Responsiveness Orientation

    OpenAIRE

    Kor, Easter Sun Sun

    2006-01-01

    Recent corporate scandals have once again captured the public attention on Corporate Social Responsibility (CSR). In addition, the issue of corporate social responsibility has receiving increase importance in Malaysia. Since managers make crucial decisions for their organization, their attitudes toward the corporate social responsibility are said to have great impact on the organization. In addition, personal religiousness is argued to have great influence on a person’s corporate social respo...

  6. Evaluasi Pelaksanaan Corporate Social Responsibility di PT Bank Rakyat Indonesia (Persero) Tbk

    OpenAIRE

    Ria Silviani; Rosinta Ria Panggabean

    2015-01-01

    The purposes of this research are to know how Corporate Social Responsibility (CSR) activity was, to know CSR activity using ISO 26000 standard, and to evaluate ISO 26000 reporting and disclosure in PT Bank Rakyat Indonesia (Persero) Tbk using GRI 4.0 standard. The object of this research was PT Bank Rakyat Indonesia (Persero) Tbk. Research used qualitative method with primary data from interview with Divisi Sekretariat Perusahaan KP BRI and annual report dan sustainability report analysis, w...

  7. EVALUASI PELAKSANAAN CORPORATE SOCIAL RESPONSIBILITY DI PT. BANK RAKYAT INDONESIA (PERSERO) TBK

    OpenAIRE

    Ria Silviani; Rosinta Ria Panggabean

    2015-01-01

    The purposes of this research are to know how Corporate Social Responsibility (CSR) activity was, to know CSR activity using ISO 26000 standard, and to evaluate ISO 26000 reporting and disclosure in PT Bank Rakyat Indonesia (Persero) Tbk using GRI 4.0 standard. The object of this research was PT Bank Rakyat Indonesia (Persero) Tbk. Research used qualitative method with primary data from interview with Divisi Sekretariat Perusahaan KP BRI and annual report dan sustainability report...

  8. Mining for solutions, extracting discord: corporate social responsibility and canadian mining companies in Latin America

    OpenAIRE

    Stevens, Julie Ann

    2009-01-01

    While the mining industry generates many benefits to society, the industry has in some cases had a detrimental impact on affected communities. This paradox, manifested in the unequal distribution of costs and benefits amongst stakeholders, has prompted widespread scrutiny of the mining industry. Critique of the industry has questioned whether mining provides an economically, environmentally and socially sustainable model of development. Mining companies are increasingly adopting Corporate Soc...

  9. Toward economic reward: Corporate social responsibility communication of SMEs

    Directory of Open Access Journals (Sweden)

    Mulović Ana

    2015-01-01

    Full Text Available In business world of today, small and medium-sized enterprises (SMEs play the part of an increasingly important role in the world economy. Currently, SMEs are thought to be the backbone of economic growth in many countries, contributing to the creation of job opportunities and acting as suppliers of goods and services for large organizations. Internationally, various studies are related to the importance of SMEs for a country's development and economic stability. SMEs also play an important role in European economies and their form according to some authors is a pillar of business structure. Academics emphasise in many ways Corporate Social Responsibility (CSR as a mantra for our time, a time which they characterised as 'the era of compassionate capitalism' or 'the age of sustainability'. CSR communication is an important element of the strategic approach to communication, which rests on the idea that enterprises can create a strong identity by implementing a systematic and proactive strategic communication practice within their organisations, establishing the way for 'the building and maintaining of favourable reputations and relationships with key stakeholders'.

  10. Corporate Social Disclosures in Southeast Asia: A Preliminary Study

    Directory of Open Access Journals (Sweden)

    Juniati Gunawan

    2012-12-01

    Full Text Available The issue of Corporate Social Disclosure (CSD has been growing remarkably both in business and academic world.  Inevitably, this topic is also exposed in Southeast Asia, a big region that plays important role in global economic issue. Applying a content analysis method, this paper aims to provide preliminary findings in CSD practices throughout the companies‟ annual reports in 2007 and 2008 for countries located in Southeast Asia.  Samples were selected for listed and unlisted various type of industries, based on the information availability internet searching. The sample collection and the subjectivity during the content analysis process are the limitations in conducting this study. In general, the results show that „human resources‟ are the main information disclosed, while in contrast, „energy‟ is the main least issue disclosed in the annual reports.  However, the findings need to be interpreted with considerations since there are limited in samples. Basically, the outcomes support the major prior studies and enhancing the discussion of CSD conducting in developing countries, while at the same time describing some countries which obtained very limited in exposures. To respond the vast increasing issues of CSD practice, this preliminary study has provided a basis to see the role of every country in CSR reporting and how they could support the sustainability development globally.

  11. CORPORATE SOCIAL RESPONSIBILITY PRACTICES AND CORPORATE REPUTATION IN THE TURKISH MEDIA INDUSTRY

    Directory of Open Access Journals (Sweden)

    Dincer Atli

    2016-01-01

    Full Text Available Business interest in CSR has increased significantly in recent years.  But CSR is still under explored in developing countries like Turkey.  The objective of this study is to explore the relationship between corporate social responsibility and corporate reputation in the context of Turkish Media Industry. This is realized by investigating the use of CSR activities by the Turkish media companies to develop corporate reputation.  Furthermore, the strategic aspects of CSR and the increasing role of reputation in the corporate world have also been explored in our study.  In addition, the structure of media ownership, CSR project number and percentages, CSR categories and CSR topics of 84 newspapers and TV channels in the Turkish media sector are also analyzed. Also the Capital Magazine’s “CSR Leaders in Turkey and Most Admired Companies in Turkey” rankings among the media companies are compared within a duration of five years. The results of this study demonstrate that there is a positive correlation between CSR and corporate reputation in the media industry of Turkey. Business interest in CSR has increased significantly in recent years.  But CSR is still under explored in developing countries like Turkey.  The objective of this study is to explore the relationship between corporate social responsibility and corporate reputation in the context of Turkish Media Industry. This is realized by investigating the use of CSR activities by the Turkish media companies to develop corporate reputation.  Furthermore, the strategic aspects of CSR and the increasing role of reputation in the corporate world have also been explored in our study.  In addition, the structure of media ownership, CSR project number and percentages, CSR categories and CSR topics of 84 newspapers and TV channels in the Turkish media sector are also analyzed. Also the Capital Magazine’s “CSR Leaders in Turkey and Most Admired Companies in Turkey” rankings among the

  12. Finance and Society:: On the Foundations of Corporate Social Responsibility (Revised version of CentER DP 2013-071)

    OpenAIRE

    H. Liang; Renneboog, L.D.R.

    2014-01-01

    We investigate the fundamental determinants and value implications of corporate social responsibility (CSR) around the world. We contrast three broad views on CSR: (1) it is a response to government failure; (2) it reflects individual and societal preferences; (3) it is an equilibrium result of a country's legal origin that shapes the corporations' tradeoff between shareholder and stakeholder values. Using public and proprietary country-level sustainability and firm-level CSR data, we find th...

  13. Corporate social responsibility: an empirical analysis of portuguese SMEs

    OpenAIRE

    Moreiras, Nuno Duarte Gomes

    2010-01-01

    Mestrado em Marketing Corporate Social Responsibility has been a topic of academic and managerial discussion for several years. This subject gave birth to an extensive field of study and literature that has been gradually developing to a modern view, characterized by a broad view of social responsibility and a perception of benefits resulting from social action initiatives. Can CSR, in fact, affect an organization's performance indicators? Findings seem to unveil a positive answer concerni...

  14. Sustainability reporting

    NARCIS (Netherlands)

    Kolk, A.

    2005-01-01

    This article gives an overview of developments in sustainability (also sometimes labelled corporate social responsibility) reporting. The article will first briefly indicate how accountability on social and environmental issues started, already in the 1970s when social reports were published.

  15. CORPORATE SOCIAL RESPONSIBILITY IN THE FOOD SECTOR VENEZOLANO

    Directory of Open Access Journals (Sweden)

    Marielba Colmenares León

    2015-04-01

    Full Text Available The purpose of this research was to interpret the areas that influence the fulfillment of corporate social responsibility of the Venezuelan food industry, as part of management functions. The research is a field and literature review, descriptive, with a non-experimental and cross-sectional design, under the quantitative approach. It is concluded that the food business does not comply with the scopes of corporate social responsibility such as: 1 Quality of life within the company. 2 Care and preservation of the environment. 3 Performance by a code of ethics. 4 Linking with the community.

  16. Corporate social responsibility and the tobacco industry: hope or hype?

    Science.gov (United States)

    Hirschhorn, N

    2004-12-01

    Corporate social responsibility (CSR) emerged from a realisation among transnational corporations of the need to account for and redress their adverse impact on society: specifically, on human rights, labour practices, and the environment. Two transnational tobacco companies have recently adopted CSR: Philip Morris, and British American Tobacco. This report explains the origins and theory behind CSR; examines internal company documents from Philip Morris showing the company's deliberations on the matter, and the company's perspective on its own behaviour; and reflects on whether marketing tobacco is antithetical to social responsibility.

  17. Beyond the fence line: corporate social responsibility.

    Science.gov (United States)

    Harrison, Myron

    2004-02-01

    The ability to demonstrate acceptable performance against the expectations of a CSR movement is part of the corporate license to operate in many locations. Because health and medical programs are core elements of these activities, numerous opportunities exist for physicians to contribute to health and prosperity in underdeveloped locations. Individuals who are involved in designing and administrating these activities need to maintain critical objectivity about the actual consequences and maintain a close dialog with the intended beneficiaries. The value of the CSR agenda is beginning a long empirical trial.

  18. Pengaruh Penerapan Corporate Social Responsibility terhadap Persepsi Nasabah Bank dan Dampaknya terhadap Corporate Image

    Directory of Open Access Journals (Sweden)

    Muhadjir Nasir

    2011-09-01

    Full Text Available The application of corporate social responsibility (CSR in Indonesia is regulated in UU No. 40 2007 about company liability on article 74 which mentions the social responsibility to be borne by any corporations. CSR is one of the government's efforts to balance the economic growth and equitability. This study aims to determine how much CSR influences customer’s perceptions and its impact on corporate image of BNI. This study uses descriptive-associative method with unit analysis of customers of Bank BNI Fatmawati branch and survey analysis. Data collection uses questionnaires, interviews and literature study of previous researches. Data process uses SPSS 16.0 through validity and reliability, normality test, path analysis, and comparison of the average score through descriptive analysis. The study states that CSR brings effect to corporate image both directly and indirectly through the customer’s perception. Therefore, it is expected to continue to maintain BNI social sharing through their CSR programs and enhance public communication, so that the CSR transfer to change the customer’s perception leads to a positive success.

  19. RECENT DEVELOPMENTS IN CORPORATE SUSTAINABILITY REPORTING IN CHINA

    Directory of Open Access Journals (Sweden)

    Udo Braendle

    2016-11-01

    Full Text Available Sustainability reports contain important information for the stakeholders. The aim of this paper is to present an overview of recent developments in the area of sustainability reporting in China. The paper presents useful insights into sustainability reporting in China and helps to better navigate the future trends in sustainability reporting practices. The sustainability reporting rules in China should not rely on a basis of broad standards but on legally enforced binding rules.

  20. Corporate Sustainability and Shareholder Wealth—Evidence from British Companies and Lessons from the Crisis

    Directory of Open Access Journals (Sweden)

    Fernando Gómez-Bezares

    2016-03-01

    Full Text Available This study examines the impact of corporate sustainability (CS on stock market returns for FTSE 350 companies over the period 2006–2012. We find that an investment strategy that bought shares in companies with balanced financial, social, and environmental activities would have earned an annual four-factor alpha for a value-weighted portfolio of 3.54% per year during the sample period and 2.98% above industry benchmarks. In addition, we find that CS is negatively correlated with stock return volatility, and investing in companies with CS not only generates higher returns during peak phases, but also diminishes shareholders’ losses during bear phases. We have also carried out an additional, out-of-the-sample analysis for the years 2013–2015 which confirmed our results.

  1. Social Capital and Walkability as Social Aspects of Sustainability

    Directory of Open Access Journals (Sweden)

    Shannon H. Rogers

    2013-08-01

    Full Text Available The concepts of sustainability and sustainable development are frequently described as having three main components, sometimes referred to as the three pillars or the triple bottom line: environmental, economic, and social. Because of an historical focus in the sustainability field on correcting environmental problems, much consideration has been given to environmental issues, especially how they interface with economic ones. Frequently mentioned but rarely examined, the social aspects of sustainability have been considered the weakest and least described pillar. After a brief review of existing concepts and theories, this paper uses a case study approach to examine the third pillar more comprehensively and offers social capital as one measure of social sustainability. Specifically, social capital was used to measure the social-environmental interface of communities. The positive correlation between aspects of the built environment, specifically walkability, and social capital suggests that measuring a social aspect of sustainability may be feasible, especially in the context of community development.

  2. Corporate Social Responsability – an European Approach through the Tourism SME’s Perspectives

    Directory of Open Access Journals (Sweden)

    Gabriela Ţigu

    2016-11-01

    Full Text Available Nowadays, companies face a big challenge in adopting a responsible behaviour towards the community and the environment throughout their business activities. We consider that Corporate Social Responsibility in tourism industry is still searching for consist ency in policies, programs and practices and responds to issues particularly related to sustainable tourism principles. Starting from the idea that small and medium sized enterprises can be exponents of responsibility, this paper propose to analyse tourism operators’ opinions regarding Corporate Social Responsibility and underlines its importance in tourism businesses. For achieving this, a quantitative research was used and a questionnaire on the micro, small and medium sized enterprises, representatives for tourism industry in eight EU countries (United Kingdom, Germany, Austria, Belgium, Lithuania, Latvia, Romania and France was conducted. The tour operators’ opinions on CSR are significant for the development of trainings that they might attend in order to implement the social responsibility principles in their fields of activity.

  3. Respecting Stakeholders and Their Engagement to Decision Making - The Way of Successful Corporate Social Responsibility Strategy

    Science.gov (United States)

    Drieniková, Katarína; Sakál, Peter

    2012-12-01

    Current world situation characterized by constant dynamic development and changes in all spheres enforced us to view the business not only as a profit creator but as creator of added value to the society. The paper deals with the stakeholders as the integral part of corporate social responsibility (CSR) concept. It mentions the topic of stakeholder theory and stakeholder management in consideration of sustainable development and sustainable competitiveness of business. Within the paper are mentioned outputs of pilot research carried on among Slovak companies focusing on stakeholders and decision making within responsible business.

  4. How to reconcile environmental and economic performance to improve corporate sustainability: corporate environmental strategies in the European paper industry.

    Science.gov (United States)

    Wagner, Marcus

    2005-07-01

    This paper discusses the relationship between environmental and economic performance and the influence of corporate strategies with regard to sustainability and the environment. After formulating a theoretical model, results are reported from an empirical analysis of the European paper manufacturing industry. New data are used to test hypotheses derived from the theoretical model, using environmental performance indices representing different corporate environmental strategy orientations. In particular, an emissions-based index largely reflecting end-of-pipe strategies and an inputs-based index reflecting integrated pollution prevention are distinguished. For the emissions-based index, a predominantly negative relationship between environmental and economic performance is found, whereas for the inputs-based index no significant link is found. This is consistent with the theoretical model, which predicts the possibility of different relationships. The results also show that for firms with pollution prevention-oriented corporate environmental strategies, the relationship between environmental and economic performance is more positive, thus making improvements in corporate sustainability more likely. Based on this last insight, managerial implications of this are discussed with regard to strategy choices, investment decisions and operations management.

  5. An empirical analysis of a private company's corporate social ...

    African Journals Online (AJOL)

    A private company, the South African Breweries (SAB), as part of their corporate social investment, runs the SAB KickStart Programme to establish and grow entrepreneurial small businesses among young South Africans. The programme applies four interventions: General Enterprising Tendency test; twoweek live-in ...

  6. Corporate Social Responsibility: Practices of Ethics in Higher Education Institutions

    Science.gov (United States)

    Law, Marla S.

    2016-01-01

    The purpose of this study was to explore and examine perceptions among public and private higher education leaders in Pennsylvania regarding their institutions Corporate Social Responsibility (CSR) codes of conduct, ethics training programs, and practices of ethics. Highly publicized misconduct incidents warranted the need for scrutiny of the…

  7. Organic Delights: Examining the Challenges of Corporate Social Responsibility

    Science.gov (United States)

    Bear, Stephen E.

    2017-01-01

    Organic Delights is an experiential exercise designed to help undergraduate business students learn about corporate social responsibility (CSR). In this exercise, students assume the role of a senior manager of a fictional restaurant and caterer. The challenge for the managers is to evaluate and choose among six proposals to promote the company's…

  8. Unraveling the Competence Development of Corporate Social Responsibility Leaders

    NARCIS (Netherlands)

    Osagie, E.R.; Wesselink, R.; Runhaar, P.; Mulder, M.

    2017-01-01

    The implementation of corporate social responsibility (CSR) objectives within companies is often managed by a CSR leader or a small team of CSR leaders. The effectiveness of these CSR leaders depends to a large extent on their competencies. Previous studies have identified the competencies these

  9. Taming Trojan Horses: Identifying and Mitigating Corporate Social Responsibility Risks

    NARCIS (Netherlands)

    P.P.M.A.R. Heugens (Pursey); N.A. Dentchev (Nikolay)

    2007-01-01

    textabstractOrganizations are exposed to increasing pressures from their constituents to integrate corporate social responsibility (CSR) principles into their ongoing business practices. But accepting new and potentially open-ended commitments is not a harmless exercise, and companies may well

  10. PENGARUH PENGUNGKAPAN CORPORATE SOCIAL RESPONSIBILITY TERHADAP EARNING RESPONSE COEFFICIENT

    Directory of Open Access Journals (Sweden)

    MI Mitha Dwi Restuti

    2012-03-01

    Full Text Available Tujuan penelitian ini adalah untuk mengetahui pengaruh negatif pengungkapan Corporate Sosial Responsibility (CSR disclosure terhadap Earning Response Coefficient (ERC. Alat analisis yang digunakan dalam penelitian ini menggunakan metode analisis regresi berganda.Sampel yang digunakan adalah sebanyak 150 perusahaan yang terdaftar pada Bursa Efek Indonesia pada tahun 2010. Berdasarkan hasil penelitian ditemukan bahwa pengungkapan Corporate Social Responsibility tidak berpengaruh terhadap Earning Response Coefficient (ERC. Hal ini dapat dikatakan bahwa investor belum memperhatikan informasi-informasi sosial yang diungkapkan dalam laporan tahunan perusahaan sebagai informasi yang dapat mempengaruhi investor dalam melakukan keputusan investasi. Investor masih mengganggap informasi laba lebih bermanfaat dalam menilai perusahaan dan dianggap lebih mampu memberikan informasi untuk mendapatkan return saham yang diharapkan oleh investor dibandingkan dengan informasi sosial yang diungkapkan oleh perusahaan.The purpose of this study is to determine the negative effect of Corporate Social Responsibility disclosure (CSR disclosure of Earnings Response Coefficient (ERC. Multiple regressions were used to analyze the data. The samples were 150 companies listed on the Indonesia Stock Exchange in 2010. Based on the research, the result was the disclosures of Corporate Social Responsibility did not influence Earning Response Coefficient (ECR. It can be said that investors did not pay attention to social information that was disclosed in the company’s annual report as information that could affect investors in making investment decisions. Investor did not consider sosial information; they only consider profit information to assess the company value and their investment return

  11. Corporate Social Responsibility in Engineering Education. A French Survey

    Science.gov (United States)

    Didier, C.; Huet, R.

    2008-01-01

    In this paper, we present and discuss the results of a survey of how corporate social responsibility (CSR) is being discussed and taught in engineering education in France. We shall first describe how those questions have been recently tackled in various programmes of higher education in France. We shall also analyse what faculty members have to…

  12. INTELLECTUAL CAPITAL DAN CORPORATE SOCIAL RESPONSIBILITY PENGARUHNYA PADA PROFITABILITAS PERBANKAN

    OpenAIRE

    I Gusti Ayu Nyoman Budiasih

    2015-01-01

    Penelitian ini bertujuan menguji secara empiris pengaruh Intellectual Capital dan Corporate Social Responsibilty pada Profitabilitas sektor Perbankan. Sampel penelitian yaitu seluruh bank di Bursa Efek Indonesia yang terdaftar periode 2011-2013 dengan metode purposive sampling. Teknik analisis yang digunakan adalah regresi linear berganda. Metode pengumpulan datanya menggunakan  metode dokumentasi. Hasil penelitian ini menunjukkan intellectual capital berpengaruh positif pada Profitabilitas. ...

  13. The assessment of the effect of corporate social responsibility on ...

    African Journals Online (AJOL)

    Corporate Social Responsibility (CSR) integrates major areas of an organisation, including community, environment, ethics, workforce, human rights, responsibility in the market, vision and values and workplace. Much work has been done on the organization giving back to the environment and community; however other ...

  14. Corporate Social Responsibility and Psychosocial Risk Management in Europe

    NARCIS (Netherlands)

    Jain, A.; Leka, S.; Zwetsloot, G.

    2011-01-01

    Corporate social responsibility (CSR) is a comprehensive concept that aims at the promotion of responsible business practices closely linked to the strategy of enterprises. Although there is no single accepted definition of CSR, it remains an inspiring, challenging and strategic development that is

  15. Marketing potential of corporate social responsibility in supply chains

    NARCIS (Netherlands)

    Verhees, F.J.H.M.; Kuipers, A.; Meulenberg, M.T.G.

    2008-01-01

    This paper provides a method to assess the customer value and marketing possibilities of increasing transparency about the corporate social responsibility (CSR) of supply chains. The willingness of small firms, in this study farmers in food supply chains, to make information available about certain

  16. Tax aggressiveness and corporate social responsibility fluidity in ...

    African Journals Online (AJOL)

    Driven by benevolence, firms made meaningful contributions to society but now, many are exploiting the fluidity of corporate social responsibility (CSR) to lubricate tax aggressiveness. This study examines interfacing and intervening variables using data from 13 distinguished firms among Nigerian Stock Exchange (NSE) ...

  17. Does Ownership Type Matter for Corporate Social Responsibility?

    NARCIS (Netherlands)

    Dam, L.; Scholtens, B.

    Manuscript Type: Empirical Research Question/Issue: This study examines how different types of owners relate to corporate social responsibility ( CSR). Research Findings/Insights: We use firm-level data for more than 600 European firms from 16 countries and 35 industries for 2005. We find that

  18. Corporate Social Responsibility i forsyningskæden

    DEFF Research Database (Denmark)

    Liempd, Dennis van

    2007-01-01

    Styring og kontrol af etiske risici i forsyningskæden som en del af virksomhedens samfundsansvar (corporate social re­sponsibility; CSR) er blevet mere og mere vigtig nu til dags. Der er stor national og international fokus på CSR-området, ikke mindst fordi globaliseringen har gjort, at flere...

  19. Corporate Social Responsibility in China : Implementations and challenges

    NARCIS (Netherlands)

    Graafland, J.J.; Zhang, L.

    Corporate social responsibility (CSR) is becoming increasingly important in China. This paper investigates the implementation of instruments for dimensions of CSR that are relevant for the Chinese context and the challenges that Chinese companies face. Based on a survey among 109 Chinese companies,

  20. Corporate Social Responsibility and Earnings Management : Evidence from Asian Economies

    NARCIS (Netherlands)

    Scholtens, Bert; Kang, Feng-Ching

    2013-01-01

    We investigate how earnings management is associated with corporate social responsibility (CSR) and investor protection with 139 firms in ten Asian countries. In Asia, CSR is increasingly attracting attention but the legal system generally is perceived as being poor. We hypothesize that there is an

  1. Perceptions of corporate social responsibility in Australian forestry companies

    NARCIS (Netherlands)

    Gordon, Melissa; Lockwood, Michael; Hanson, Dallas; Vanclay, Frank; Schirmer, Jacki

    2014-01-01

    To date, limited research has been conducted investigating forest company employee views about corporate social responsibility (CSR). We interviewed 19 employees within two forest companies in Australia. Employees mostly understood CSR as an approach to business not purely focused on financial

  2. Corporate social responsibility in the international insurance industry

    NARCIS (Netherlands)

    Scholtens, B.

    2011-01-01

    This paper investigates the corporate social responsibility (CSR) of insurance companies. Rating institutions provide costly information about firms' CSR and it is not clear how they arrive at their assessment. We use a transparent framework to assess the CSR of insurance companies. We apply this

  3. Government Policies for Corporate Social Responsibility in Europe

    DEFF Research Database (Denmark)

    Knudsen, Jette Steen; Moon, Jeremy; Slager, Rieneke

    2015-01-01

    This paper analyses policies of 22 European Union member governments, designed to encourage corporate social responsibility (CSR) between 2000 and 2011. It categorises these policies by their regulatory strength and identifies the range of issues to which CSR policies are directed. The paper argues...... of their issue application. Policies in Mediterranean and the former communist countries do not reflect increasing institutionalisation....

  4. Government Policies for Corporate Social Responsibility in Europe:

    DEFF Research Database (Denmark)

    Knudsen, Jette Steen; Moon, Jeremy; Slager, Rieneke

    2015-01-01

    This paper analyses policies of 22 European Union member governments, designed to encourage corporate social responsibility (CSR) between 2000 and 2011. It categorises these policies by their regulatory strength and identifies the range of issues to which CSR policies are directed. The paper argues...... of their issue application. Policies in Mediterranean and the former communist countries do not reflect increasing institutionalisation....

  5. Gender and the perception of corporate social responsibility by ...

    African Journals Online (AJOL)

    Descriptive statistics and the T-test were used for data analysis. The results indicated that business students are more aligned to the stakeholder approach than to the shareholder approach. Students perceive corporate social responsibility as very important to business survival. The results indicated that compared to male ...

  6. THE EFFECT OF CORPORATE GOVERNANCE MECHANISM, OWNERSHIP STRUCTURE, AND EXTERNAL AUDITOR TOWARD CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE WITH EARNING MANAGEMENT AS MODERATING VARIABLE

    National Research Council Canada - National Science Library

    Suwana M.A.J; Purnomosidhi B; Mardiati E

    2017-01-01

    The purpose of this study is to examine the moderating effect of earning management on corporate governance mechanism, ownership structure, and external auditor toward corporate social responsibility disclosure...

  7. The Configuration of Corporate Social Responsibility

    DEFF Research Database (Denmark)

    Rostgaard, Tine

    The Danish National Institute of Social Research carries out a research program on the Open Labour Market, to be concluded in 2002. This research program is initiated by the Ministry of Social Affairs. One of the projects in the research program is International experiences and perspectives....... This working paper contains the first results from this research project.The paper provides a theoretical tool for understanding how we may perceive the role of the enterprise as a social actor involved in the reconciliation of work and family life. Following system theory, the paper will address how...

  8. Creating Sustainable Competitive Advantage: A Corporate Socialenvironmental Responsibility in the Light of the Resource-Based View

    Directory of Open Access Journals (Sweden)

    Débora Prazeres Balbino

    2013-03-01

    Full Text Available From the perspective of a greater concern with respect to corporate social and environmental aspects viewed in society, the Corporate Social-Environmental Responsibility (CSER is understood as a new management perspective to be used, no longer restricted to meet the aspirations of profit shareholders, but seeks include in your analysis other stakeholders such as society and the environment. According to the Resource-Based View (RBV, the CSER is regarded as an organizational capacity, because it involves a set of resources and depending on how it is integrated with business planning, could be a source of Sustainable Competitive Advantage (SCA. The objective of the study is to analyze the likely social and environmental responsibility as a sustainable competitive advantage for an organization in light of the Resource-Based View . From the discussion held to theoretical essay, we identified some aspects of CSER that can be elevated to the level of a SCA, namely: the generation of a good reputation and organizational image, and corporate citizenship in favor of the practice of CSER. It is appropriate therefore to carry out empirical studies, qualitative and/or quantitative, that can confirm and extend the arguments of this discussion, from the development of constructs, development of measurement instruments and proposing models, on CSER.

  9. THE CORPORATE SOCIAL RESPONSIBILITY- AN IMPORTANT ASPECT FOR CONSUMERS

    Directory of Open Access Journals (Sweden)

    Victoria-Mihaela BRÎNZEA

    2014-06-01

    Full Text Available In the last period, expectations towards corporate social responsibility (CSR have been increasing, with people demanding businesses to behave in a socially responsible manner.One of the biggest challenges for marketers nowadays is about satisfying the consumers’ complex needs and the direction tacked by marketing toward social responsibility strengthens the conviction that CSR is no longer a related domain but is a domain that will be part of the future branding. Starting at the word of the managing director of Echo Research, who states that “companies have a tremendous opportunity to partner with enthusiastic global citizens to affect change, but they must understand the motives, perceptions and appropriate types of engagement from market to market”, this article aims to present some theoretically aspects and some findings of the researches demonstrating the importance given by the consumers to the corporate social responsibility.

  10. Role of the Occupational Physician in Corporate Management of Health Risks: An Important Aspect of Corporate Social Responsibility (CSR).

    Science.gov (United States)

    Sugita, Minoru; Miyakawa, Michiko

    2016-01-01

    There are various risks involved in corporate activities conducted both within and outside the corporation. Among these, health risks are very important and should be managed effectively as an integral part of corporate social responsibility (CSR). A corporation is responsible for health impairments caused by its activities and suffers great moral and economic loss when they occur. It is essential that corporate management takes proper preventive measures against such risks. Occupational physicians possess substantial knowledge of health risks in corporations. In this study, we examine the role of occupational physicians in the management of corporate health risks. Information was obtained from articles in print and on the Internet. Health risks due to corporate activities involve not only the employees of the corporation but also individuals outside the corporation. Each corporation should effectively use available resources to manage health risks. Occupational physicians are one such valuable resource. However, many corporations do not actively involve occupational physicians in health risk management. According to a current Japanese law, health risks for employees in corporations are managed by occupational physicians, but in general, health risks outside corporations are not. The 1984 Bhopal Disaster in India is an example in which physicians of the corporation were only minimally, if at all, involved in assessing and treating impaired health outside the corporation. The role of occupational physicians should be expanded to include management of health risks outside the corporation. This places a greater burden on the physicians and they must make the effort to train in many academic fields in order to better understand the entire context of health risks due to corporate activities. Some occupational physicians may be hesitant to take on such added responsibilities. Some corporations may not recognize the overall health risks due to its activities and do not

  11. Corporate social responsibility in the oil and gas sector

    OpenAIRE

    Frynas, Jedrzej George

    2009-01-01

    Corporate Social Responsibility (CSR) has emerged as an important approach for addressing the social and environmental impact of company activities. Yet companies are increasingly expected to go beyond this. They are now often expected to assist in addressing many of the world’s most pressing problems, including climate change and poverty. With increasing expectations placed on business, this article asks if CSR is capable of delivering on these larger issues based on evidence from the oil an...

  12. THE USE OF CORPORATE SOCIAL RESPONSIBILITY IDEA IN BUSINESS MANAGEMENT

    OpenAIRE

    Aneta Herbuœ; Beata Œlusarczyk

    2012-01-01

    In this article, the authors present the issues related to the conception of Corporate Social Responsibility (CSR) and its location in the strategy of the company. CSR for several years quite rapidly developing in Poland. Among the main topics of CSR are mentioned pro-social and pro-environmental action. In particular, a wide range of responsible initiatives implement energy companies which, more often treat CSR as a part of business management. This paper presents the actions taken by the co...

  13. Reforming Social Policy: Changing Perspectives on Sustainable ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    1999-01-01

    Reforming Social Policy: Changing Perspectives on Sustainable Human Development. Book cover Reforming Social Policy: Changing Perspectives on Sustainable Human Development. Editor(s):. Daniel Morales-Gómez, Necla Tschirgi, and Jennifer L. Moher. Publisher(s):. IDRC. January 1, 1999. ISBN: Out of print.

  14. Corporate Social Responsability: Selected Theoretical and Empirical Aspects

    Directory of Open Access Journals (Sweden)

    Witkowska Janina

    2016-03-01

    Full Text Available The notion of Corporate social responsibility (CSR is still stirring debate over how it should be interpreted, what models of CSR dominate in business practice, and consequences of enterprises’ engagement into socially responsible actions. While business practice demonstrates that companies voluntarily include social and environmental issues into their activities and into their relations with stakeholders, it is hard to determine what intentions motivate them to do so. This paper analyses selected aspects of discussions focused on the notion of CSR and identifies controversies over the standardisation of ethical and social business activities.

  15. Organic Production Business Model and the Concept of Corporate Social Responsibility

    Directory of Open Access Journals (Sweden)

    Ekaterina ARABSKA

    2016-06-01

    Full Text Available The concept of corporate social responsibility (CSR considering competitiveness and sustainability issues in contemporary globalizing world is closely linked to organic production being a production system applying holistic approaches in the overall management and production activities and assurance of the highest degree of conformability to sustainable use and preservation of resources. The paper examines the organic production as a business model corresponding to the spheres of CSR regarding society, environment, human capital and work conditions, knowledge and education. The focus in on sustainable business practices in organic production assessed in the study from the point of view of management, environment, human resources, public relations and business environment considered in five dimensions: economic, social, environmental, cultural and accountability.

  16. Employer Branding and Corporate Social Responsibility – a postmodern approach

    Directory of Open Access Journals (Sweden)

    Mihaela-Alexandra TUDOR-IONESCU

    2009-01-01

    Full Text Available In the present article we designed an exploratory analysis from a postmodern perspective on employer branding and corporate social responsibility in order to overcome the disciplinary dogmatic approach that is found in the organizational and management studies. Our approach is based on investigating theoretical background for the two concepts that have a relatively recent history and it emphasizes their role of legitimation micro-structures with an organizational -corporate nature, arguing for the thesis that they represent founding micronarratives, with different histories, but similar aims.

  17. Corporate Social Responsibility and Gender Diversity in the Workplace

    DEFF Research Database (Denmark)

    Kato, Takao; Kodama, Naomi

    their current key policy goal of advancement of women in the labor market, Japanese policy makers may want to pay more attention to a potentially important role that CSR plays in gender diversity in the workplace in general and the heterogeneity of the CSR effects and their considerable gestation period......Using panel data on corporate social responsibility (CSR) matched with corporate proxy statement data for a large and representative sample of 1,492 publicly-traded firms in Japan over 2006-2014, we provide rigorous econometric evidence on the effects of CSR on gender diversity in the workplace...

  18. The Construction of Corporate Social Responsibility in Network Societies

    DEFF Research Database (Denmark)

    Schultz, Friederike; Castello, Itziar; Morsing, Mette

    2013-01-01

    The paper introduces the communication view on Corporate Social Responsibility (CSR), which regards CSR as communicatively constructed in dynamic interaction processes in today's networked societies. Building on the idea that communication constitutes organizations we discuss the potentially......-normative view on CSR, which highlights the societal conditions and role of corporations in creating norms. We argue that both the established views, by not sufficiently acknowledging communication dynamics in networked societies, remain biased in three ways: control-biased, consistency-biased, and consensus......-biased. We discuss implications of these biases and propose a future research agenda for the communication view on CSR....

  19. Corporate Social Responsibility : A genuine comittment or just good adverising

    OpenAIRE

    Ekholm Piper, Helen

    2015-01-01

    The importance of corporate social responsibility (hereinafter referred to as CSR) is on the rise, and more and more companies are engaging in activities such as cause-related marketing, employee volunteering and/or corporate philanthropy, commonly referred to CSR programmes. More than 80 % of Fortune 500 companies deal with CSR issues in the United States. In Europe the number of companies doing this is also growing, led by companies such as The Body Shop and SAP. What are the reasons for th...

  20. THE CORPORATE SOCIAL RESPONSIBILITY IN OLTENIA REGION

    Directory of Open Access Journals (Sweden)

    Adriana Schiopoiu BURLEA

    2008-01-01

    Full Text Available Being confronted with a series of technological, economic and socialproblems in the context of the market economy, the Romanian enterpriseshave come to be aware of the necessity of personalizing the managementpractices for the human resources, the social responsibility and the socialaudit in spite of the fact that there are some clear regulations in theRomanian legislation. The study enabled the evaluation of the impact ofpromoting the Social Responsibility on the competitiveness of the companiesfrom four large activity sectors from the Oltenia Region: automobile,petroleum sector, construction materials, production and transport of electricenergy

  1. Reflexions on the Debate on Corporate Social Responsibility( Corporate Social Responsibility)

    OpenAIRE

    ドボルー, フイリッブ; Philippe, Debroux

    2004-01-01

    In the last 30 years a dramatic increase in the development both of business ethic quite generally, and business corporate responsibility in particular has been observed. Ethical concerns are now integral to business decisions. The importance of accountab

  2. The impact of corporate social responsibility on brand loyalty

    Directory of Open Access Journals (Sweden)

    Belinda Dapi

    2015-09-01

    Full Text Available This article describes corporate social responsibility (CSR as an organisational tool whose successful implementation can be used to gain brand loyalty. The benefits of CSR to society have been well documented to a great extent. However, there is very little information on the benefits of it to the actual corporations that practice it. This lack of knowledge is what motivated the study on which this article is based. The key objectives of the study for the article were to determine consumer attitudes towards specific CSR programs, determine the impact of CSR on brand image and brand loyalty and determine what kinds of CSR programs are considered to be adequate by consumers to qualify as socially responsible. A quantitative survey was done using customers of the South African mobile phone service provider Vodacom. A self administered questionnaire was used as the primary data collection instrument. The main findings of the study were that although most consumers were not aware of what CSR as a concept is, they felt that companies are obligated to be socially responsible. Most importantly however, it was determined that the knowledge of a firm’s CSR initiatives may lead to enhanced corporate image and brand loyalty. From the findings, this article recommends that corporations need to take a more proactive rather than a reactive approach to societal and environmental issues. It also recommends that companies need to be more transparent about their CSR initiatives to consumers which in turn leads to increased stakeholder engagement.

  3. CHALLENGES OF CORPORATE SOCIAL RESPONSIBILITY IN THE ...

    African Journals Online (AJOL)

    unemployment, social deprivation, abject poverty and endemic conflict. This has led to calls for oil companies ... es; United Nations (UN) Global Compact and the 1998 ILO Declaration on. Fundamental Principles and ..... CSR initiatives are seen as gifts, or mere donations for a good cause. Con- sidering the overwhelming ...

  4. Multinational Oil Companies and Corporate Social Responsibilities ...

    African Journals Online (AJOL)

    user

    2013-07-07

    Jul 7, 2013 ... Government should also provide social amenities and other associated benefits to the oil producing ... disadvantages for the development of the African economy. He also observed that, these foreign firms ... remained on export oriented economy whose industrial unit are vertically integrated with the parent ...

  5. Corporate Social Networks Applied in the Classroom

    Directory of Open Access Journals (Sweden)

    Hugo de Juan-Jordán

    2016-10-01

    This study also tries to propose some guidelines and best practices obtained as a result of the experience of use and the adoption of social networks in class in order to improve the learning process and innovate in the methodology applied to education.

  6. Exploring the Role of Leadership in Corporate Social Responsibility

    DEFF Research Database (Denmark)

    Strand, Robert

    2011-01-01

    areas research at this intersection. Having surveyed the literature, beginning with studies that explicitly explored "leadership and CSR" and broadening to include related relevant studies, I have discovered a number of interesting studies that can serve as a foundation for those who are interested......Leadership as demonstrated by today's corporate leaders has been called into question. In the aftermath of corporate scandals and global financial crisis, many people today desire leadership that promotes the ideals of corporate social responsibility (CSR). At the present time there exists...... strikingly little research that explicitly explores the intersection between leadership and CSR. Therefore the primary goal of this article is to collect the existing research relating leadership with CSR in an effort to better understand the intersection of these fields, and to explore promising future...

  7. Corporate Social Responsibility Disclosure, Environmental Performance, and Tax Aggressiveness

    Directory of Open Access Journals (Sweden)

    Dahlia Sari

    2016-08-01

    Full Text Available This study aims to examine the influence of the corporate taxpayers’ level of CSR disclosure and environmental performance on the level of tax aggressiveness. This study took a sample of non-financial companies listed on the Indonesian Stock Exchange during 2009-2012. This study shows that the corporate taxpayers’ level of CSR disclosure has significant negative effect towards the tax aggressiveness. It means the higher the level of the CSR disclosure, the lower the company’s tax aggressiveness. This study also proves that good environmental performance will strengthen the negative effect of CSR disclosure on tax aggressiveness. The assessment of environmental performance is conducted by the Ministry of Environment as independent party. It means that the higher the score of company’s environmental performance, the higher the commitment to pay taxes. This study supports the view that more socially responsible corporations are likely to be less tax aggressive.

  8. Kualitas Corporate Social Responsibility Dan Penghindaran Pajak Dengan Kinerja Laba Sebagai Moderator

    OpenAIRE

    Tjondro, Elisa; Widuri, Retnaningtyas; Maria Katopo, Jacqueline

    2016-01-01

    Tujuan penelitian ini adalah meneliti pengaruh kualitas corporate social responsibility (CSR) terhadap penghindaran pajak dengan kinerja laba sebagai variabel moderator. Penelitian ini menggunakan CSR award sebagai indikator kualitas corporate social responsibility (CSR). Data dianalisis menggunakan Moderated Regression Analysis. Sampel penelitian sebanyak 137 Perusahaan yang terdaftar di Bursa Efek Indonesia dengan 615 pengamatan. Hasil penelitian membuktikan kualitas corporate social respon...

  9. The importance of corporate social responsibility for advertising of social capital in small and medium enterprises

    Directory of Open Access Journals (Sweden)

    Rogério Rodrigues da Silva

    2010-01-01

    Full Text Available Social, economic and technological changes within the modern world have transformed the role of companies before society and, through this prism, the issue of Corporative Social Responsibility stands out. However, for small and mediumsized companies, there are several limitations which prevent their management to benefit from a bigger integration in such matter. As a means of overcoming obstacles, a broader application of social capital concept is been attemptively set through stronger trust bonds, belief and norm sharing, and social network interaction. Therefore, the present study aims to present the theory of social capital and link it to Corporative Social Responsibility and comprehend their interactions, applicability and gains applied to small and medium enterprises. It is also pointed out some variables which may serve to measure Corporative Social Responsibility and Social Capital in future researches.

  10. Relations between Corporate Social Responsibility and Engineering Ethics

    Science.gov (United States)

    Yasui, Itaru

    Environmental responsibility of corporations has been changed drastically in the last 20 years. In 1980s, pollution prevention was the main mandate for corporations and in 1990s global scale environmental issues such as global warming must be also considered by at least industries. In the year of 2000, United Nations decided to make a challenge towards sustainability of human activities on the Earth, and since then, every corporation must take this concept into account when policy for its own business is described. Within this framework, some companies have succeeded to be evaluated as “environmental conscious companies” and enjoyed success also in their business. The reality of sustainability is very complex and any company must consider rather long future, say more than 30 years, in the strategy of its operation. All engineers should watch the direction and the norm carefully, which their own company is now aiming at, with enough knowledge regarding the trend of total human activities in relation to the limitation of the Earth.

  11. REPORTING CORPORATE SOCIAL RESPONSIBILITY ACCORDING TO GRI STANDARDS

    Directory of Open Access Journals (Sweden)

    Berinde Mihai

    2015-07-01

    Full Text Available Corporate social responsibility is no longer considered an optional activity by companies. The changes that take place worldwide have determined an increasing number of companies to elaborate instruments of implementing CSR principles into their business strategy. A CSR policy adapted to the specifics of the company’s field of activity and to the community in which it is present will bring advantages for both parties. The way through which a company makes their CSR activity results public is by writing a sustainability report which corresponds to international practices in the field. In recent years, an increasing number of companies publish their yearly CSR reports. This reporting originated in the USA, but in the last decade, the number of reports from Europe is increasing. In order to answer to the needs of reporting of the companies, a series of nongovernmental organisms have involved in trying to find the most accessible way that would correspond to the needs of the companies and of the stakeholders. Global Reporting Initiative is a platform that came to the aid of the companies by creating reporting standards which to guide companies through the process of creating the sustainability report. In this paper, we have analysed the evolution in the number of CSR reports worldwide, having then analysed their distribution on continents. We have given attention to the situation in Romania, which in the past ten years, due to multinational companies coming in the market. The presence of multinational companies has helped develop this concept. In the past five years, Romanian companies have submitted CSR reports according to GRI standards. Although the percent of companies of Romanian companies that submit reports according to the GRI standards is small (0.0017%, we believe that it will grow in following years, due to companies realizing the role they have in the society and because the European Commission’s 2014/95/EU Directive will enter into

  12. REPORTING OF CORPORATE SOCIAL RESPONSIBILITY IN SMES SECTOR IN POLAND

    Directory of Open Access Journals (Sweden)

    B. Kotowska

    2016-04-01

    Full Text Available In Poland and worldwide, corporate social responsibility has a growing interest of managers, business institutions, investors and the government. Thus, it becomes progressively determinant of corporate governance and priority in building a comprehensive development strategy. CSR is used by large companies. However, this does not mean that SMEs sector companies operate less responsible than large one. Each enterprise, regardless of size, operates in a specific social surroundings and market environment, which are affected by different groups of stakeholders. They may affect enterprise reinforcing effect on - contribute to its success or failure. It is therefore important that the managers should be able to identify social groups in the enterprise and its environment and respect their claims, needs, rights and expectations. The aim of this paper is to show the application of CSR by micro, small and medium-sized enterprises in Poland and the manner of result presentation. This article lists tools of corporate social responsibility, examples of practices and research results in the SMEs sector in Poland.

  13. Capital Expenditure, Leverage, Good Corporate Governance, Corporate Social Responsibility: Pengaruhnya Terhadap Nilai Perusahaan

    Directory of Open Access Journals (Sweden)

    Noni Aisyah Sofiamira

    2017-11-01

    Full Text Available This study aims to investigate the effects of capital expenditure, leverage, managerial ownership, institutional ownership, and corporate social responsibility on firm value. We use Tobin’s Q as the proxy of firm value. Our sample firms are 11 mining firms listed in the Indonesian Stock Exchange for years 2011-2014. We generate our date from the official website of the Indonesian Stock Exchange. We run the multiple linear regression to analyze our data statistically. The results show that all independent variables simultaneously affect corporate value. Individual results indicate that managerial ownership (leverage positively (negatively affects firm value. However, other independent variables (institutional ownership and CSR exhibit no significant influence on firm value. Abstrak Penelitian ini bertujuan untuk menganalisis pengaruh capital expenditure, leverage, kepemilikan manajerial, kepemilikan institusional, dan Corporate Social Responsibility terhadap nilai perusahaan yang diproksikan dengan Tobin’s Q pada perusahaan sektor pertambangan yang terdaftar di BEI periode 2011-2014. Penelitian ini menggunakan data sekunder yang diperoleh dari website resmi BEI. Pengamatan dilakukan terhadap 11 perusahaan sebagai sampel yang didapat dari teknik purposive sampling. Hasil penelitian secara simultan seluruh variabel independen berpengaruh terhadap nilai perusahaan. Hasil secara parsial menunjukkan bahwa variabel leverage berpengaruh negatif terhadap nilai perusahaan, kepemilikan manajerial berpengaruh positif terhadap nilai perusahaan, sedangkan kepemilikan institusional dan CSR tidak berpengaruh terhadap nilai perusahaan.

  14. Analysis of Corporate Communication in Social Responsibility and Climate Change Major Performing Companies in Their Web IBEX 35

    Directory of Open Access Journals (Sweden)

    Maria Isabel Muñoz Carvajal

    2013-05-01

    Full Text Available Nowdays society CSR has emerged as one of the rising values for companies, not only because of the benefits it can bring associating with the image, but also with the growing awareness that companies are becoming as social beings, must report part of their profits to the society of which they were acquired. Internet and all its possibilities is outlined as the most appropriate social media to communicate CSR corporate information. Therefore, in this study we aim to analyze the corporate website of the leading Spanish Ibex 35 and deeply engaged in the use when communicating their CSR and Environmental Sustainability and Climate Change.

  15. The Relation between Project Management and Business Corporate Social Responsibility

    OpenAIRE

    Elsa, GOBET

    2013-01-01

    Many researches have been conducted on Corporate Social Responsibility and today it is a management concept that companies include more and more in their projects. The duty of project management will be to provide the best conditions to apply CSR in projects. CSR mainly enhances reputation, image, credibility and integrity. However, studies show that real-life manager holds a traditional view of CSR preventing its full development within projects. Governments, organisations, CEOs and managers...

  16. Essays on corporate social responsibility in Germany and Spain

    OpenAIRE

    Zindler, Karin

    2012-01-01

    Since the mid 1990s, the momentum behind Corporate Social Responsibility (CSR) has increased. CSR has become an important issue at political, academic and business level. Already since the beginning of the last decade, commentators have suggested that CSR seems to differ between European countries and that said differences appear to be shaped by the country context. Nevertheless, in general, so far, only few empirical cross-country studies have been conducted. In addition, said studies focuse...

  17. Pharmaceutical industry's corporate social responsibility towards HIV/AIDS.

    Science.gov (United States)

    Khanna, Arun Kumar

    2006-01-01

    The pharmaceutical industry has a corporate social responsibility (CSR) towards HIV/AIDS. Measures taken to increase awareness of HIV/AIDS, availability and accessibility of potent and patient-friendly FDCs / Kits for adults and children will go a long way in increasing awareness and acceptance of this disease and its therapy. This will improve adherence, lower resistance and facilitate better disease management. This article discusses some of the CSR initiatives and their scope.

  18. Pengaruh Pengungkapan Corporate Social Responsibilty Terhadap Agresivitas Pajak

    OpenAIRE

    Jessica, Jessica; Toly, Agus Arianto

    2014-01-01

    Penelitian ini bertujuan untuk mengetahui pengaruh pengungkapan Corporate Social Responsibility Perusahaan terhadap agresivitas pajak. Model regresi dalam penelitian ini adalah analisis regresi linier berganda. Sampel penelitian ini adalah laporan tahunan 56 Perusahaan di Bursa Efek Indonesia (BEI) tahun 2012-2013. Hasil penelitian ini menunjukkan tidak adanya pengaruh signifikan antara pengungkapan CSR terhadap agresivitas pajak. Namun jika pengungkapan pajak diuji secara bersama-sama dengan...

  19. Corporate Social Responsibility Communication and Perception: Media and Risks

    OpenAIRE

    Banu Dincer; Caner Dincer

    2013-01-01

    The study aims to examine how Corporate Social Responsibility (CSR) projects are perceived from both an individual and organizational perspective. Using the framework used in studies on diffusion of innovations, the spread of CSR projects are examined. An online survey to identify individuals’ CSR and communication channel perception as well as interviews with CSR practitioners to have an organizational perspective is realized. Companies are using CSR as a tool to meet various objectives such...

  20. Corporate Social Responsibility: A Case Study of Scandic Hotels

    OpenAIRE

    Heesbeen, Lars

    2014-01-01

    The aim of the thesis is to discover whether Scandic Hotels is perceived as a leader in Corporate Social Responsibility within the hospitality industry. First a definition of CSR is created and the boundaries of research are given. Next the thesis looks into competitive advantages; how are they created and what has Scandic Hotels done to create a competitive advantage regarding CSR? Next an analysis of Scandic Hotels brand is made, and what they have done in the past twenty years regarding CS...

  1. The Influence of Corporate Social Responsibility on Consumer Behaviour

    OpenAIRE

    Iľková, Zuzana

    2012-01-01

    There has been a lot of literature written about the concept of corporate social responsibiilty (CSR). However, not enough attention is paid to the impact of this concept on consumer behavior. Based on reference literature, empirical research, and the author's own research, this thesis examines and analyzes the influence of CSR on consumer buying behavior through awareness, perception and evaluation. It is also focused on the factors that influence the incorporation of CSR into the buying cri...

  2. Corporate Social Responsibility Reporting: Differences among Selected EU Countries

    Directory of Open Access Journals (Sweden)

    Vukic Nikolina Markota

    2015-09-01

    Full Text Available Background: Greater transparency has become a relevant topic for companies around the world. Information and communication technologies revolution (ICT revolution has forced companies to become more transparent. With the intention of increasing companies’ transparency, the European Union (hereinafter: the EU has presented a new Accounting Directive 2013/34/EU which makes Corporate Social Reporting (hereinafter: CSR reporting mandatory for certain companies.

  3. Corporate Social Responsibility and Organizational Psychology: An Integrative Review

    OpenAIRE

    Glavas, Ante

    2016-01-01

    The author reviews the corporate social responsibility (CSR) literature that includes the individual level of analysis (referred to as micro CSR in the article) based on 166 articles, book chapters, and books. A framework is provided that integrates organizational psychology and CSR, with the purpose of highlighting synergies in order to advance scholarship and practice in both fields. The review is structured so that first, a brief overview is provided. Second, the literatures on organizatio...

  4. Using sport for corporate social responsibility (CSR) in Finland

    OpenAIRE

    Hakala, Antti

    2015-01-01

    Companies are increasingly valued beyond their capability to maximize profits. Responsibility is one of the core issues in companies’ strategies nowadays. Meanwhile sport and health professionals are facing challenges: inactivity among people and costs in grassroots participation are growing. Therefore, the relationship between sport and business around the phenomenon called corporate social responsibility (CSR) has grown in importance. This study approaches the topic by answering the ma...

  5. Board Independence and Corporate Social Responsibility (CSR) Reporting in Malaysia

    OpenAIRE

    Nurulyasmin Binti Ju Ahmad; Afzalur Rashid; Jeff Gow

    2017-01-01

    This study aims to examine the influence of board independence on corporate social responsibility (CSR) reporting by publicly listed companies in Malaysia. Content analysis was used to determine the extent of CSR reporting. A reporting index consisting of 51 items was developed based on six themes: General, Community, Environment, Human Resources, Marketplace and Other. An Ordinary Least Square (OLS) regression was used to examine the relationship between board independence and fi...

  6. FORMATION OF STUDENTS’ CORPORATE SOCIAL RESPONSIBILITY IS THE IMPORTANT CONSTITUENT OF MANAGEMENT EDUCATION

    Directory of Open Access Journals (Sweden)

    Vlasenko Larisa Vasilievna

    2017-05-01

    Full Text Available The article discusses a possibility of formation of a student-manager’s corporate social responsibility (CSR. A clear request on the part of the business for study of corporate social responsibility has formed currently in Russia. In our opinion, solution to this problem is possible in the system of modern higher education. In order to understand what problems pertaining to implementation of the CSR principles exist in modern Russian companies of the construction sector, how they are resolved, what social programs are used to resolve them, whether our students studying at the 38.03.02. “Management” course of training are ready or not to observe the CSR principles in their work, we carried out a social study (the results are presented in the article. The following conclusions were made: 1 The majority of the polled students are aware of the need for knowledge of the CSR principles to manage the company’s social activity; 2 They understand that they don’t have enough knowledge about social programming methods, that they do not know the algorithm of its implementation, that they are not always able to choose the right direction of possible social activity of the company in view of existing problems; 3 Students understand the importance of CSR for sustainable development of the organization. Modern higher education aimed at training of managerial staff is capable to realize this need and adequately respond to the growing interest of the business to a range of the CSR problems.

  7. Crisis of corporate social responsibility and its status in Russia

    Directory of Open Access Journals (Sweden)

    Vitaly J. Ozira

    2009-12-01

    Full Text Available This paper picked a topic - the global financial crisis- to highlight several related problems. The current crisis was not caused by failed economic policies. The root cause is failed leadership. People sometimes forget that business ethics at its core is about excellence and high attainment rather than misdeeds and malfeasance.In recent years, however, more attention has been paid to the positive side of ethics. More managers in Russia are waking up to the ways in which positive values contribute to a company's effective day-to-day functioning, as well as its reputation and long-term sustainability.Contrary to Western Europe and Scandinavia, Corporate Social Responsibility is a relatively new concept in Central and Eastern Europe and Russia. Cultural gaps between Westerners and Locals have gradually been narrowing and becoming less divisive. Improved knowledge by foreign investors on how to operate successfully in a post-communist region, on "how to bridge the gap", greatly decreases the risk of the East-West joint venture.The views expressed in the paper are the author's own responsibility and should not be interpreted as presenting the official position paper on Corporate Governance.En este trabajo se enfoca la crisis financiera global con el fin de destacar los problemas más importantes relacionados con ésta. La presente crisis no fue provocada por causas meramente económicas. La causa fundamental radica en el liderazgo. A veces, la gente olvida que la ética de las relaciones juega un papel importante a la hora de llevar a cabo un negocio. Últimamente, no obstante, se presta más atención al aspecto positivo de la ética profesional. Un número creciente de gestores rusos emprenden el camino en el que los valores positivos conducen a un eficaz funcionamiento diario así como su prestigio y sostenibilidad a largo plazo. A diferencia de la concepción de la Europa occidental y escandinava de Responsabilidad Social Corporativa, en la

  8. Monitoring and evaluation of corporate social responsibility programmes in South Africa

    Directory of Open Access Journals (Sweden)

    Renitha Rampersad

    2015-12-01

    Full Text Available The South African corporate sector invests millions to support community development and social programs. One of the more fundamental issues about sustainability in a business context is the fact that directors have a fiduciary duty to take into account interests of those stakeholders other than investors/shareholders. This therefore places major importance on sustainability reporting through reports on governance, economic, social and environmental performance and is increasingly being regarded as a key form of stakeholder engagement, and the most accepted formal way of communicating measured outcomes to all stakeholders. A number of methodologies may exist for the development of Corporate Social Responsibility (CSR strategies or “how-to guides” for community engagement and investment, however, it lacks development in the field of CSR Programme Evaluation. Integrated approaches to the measurement thereof are still in expanding stages of development and statistical data and/or empirical evidence is lacking at this point. Trust and relationships take time to build but are valuable assets, therefore a company must show it has listened and acted in response to stakeholder concerns, this means that ongoing communication and reporting back to stakeholders is a very important component in any engagement strategy. It is therefore important for the corporate sector to not only evaluate the effectiveness of their CSR Programmes, but also to measure the impact on both their beneficiary communities and their business and subsequently on the Return on Investment (ROI. This paper will highlight a case of the South African corporate sectors attempts to evaluate its effectiveness and impact on beneficiary communities and how they quantify the impact of the investment through successful CSR interventions.

  9. THE GENDER DIFFERENCES EFFECTS ON CORPORATE SOCIAL RESPONSIBILITY (CSR

    Directory of Open Access Journals (Sweden)

    LILIANA NICOLETA SIMIONESCU

    2015-07-01

    Full Text Available Corporate Social Responsibility (CSR refers to company's activities through which they need to contribute to the society well-being. Companies which are socially responsible operate their business in such way stakeholders requirements are a meet as well as ethical, legal, economical and philanthropic expectations toward the society where companies operates. Moreover, businesses decisions and strategies should take into consideration and should act with more responsibility to shareholders, customers, employees, and suppliers. Company's responsibility is more than just legal and economic responsibility. Companies including CSR into their business strategies increase their competitiveness alongside other benefits. Regardless of the heated debates which have been taking place between academics, researchers, scholars, and corporate executives, CSR concept remains open to a range of definitions As well as understanding. This paper aim is to theoretically investigate how differences in gender effect on corporate social responsibility activities with impact on companies’ performance in developing countries. In order to achieve the paper aim, following the literature on CSR and research background, comprehensive research framework was developed. Despite the fact that CSR have been debated on many topics, the gender differences effects on CSR in developing countries is scarce. To fill in this gap, this paper developed a conceptual research framework that enhance the literature on CSR as regard the differences linking male and female’s orientation toward CSR activities.

  10. The Relationship Between Social Performance and Corporate Financial Performance

    Directory of Open Access Journals (Sweden)

    Hamidreza Salmani Mojaveri

    2016-09-01

    Full Text Available This study investigates the relationship between social performance and corporate financial performance based on the information of companies listed in Tehran Stock Exchange - Iran. Today, economic entity has to identify the needs of their surrounding environment and community and in general interested parties to continue their survival and link with executive operation of the manufacturing of their products and by explaining the necessities of community provide the best services and achieve their organizational goals by selling more products. Overall, the process to identify community needs and interested parties and surrounding environment and provide services to them placed in social performance framework which is considered as the important issues to achieve success for organizations in today's competitive world. Therefore, we can say that the companies which do better their social functions financially might be in a desirable place than other competitor. In this study have been selected 90 companies of Tehran stock exchange based on elimination sampling and in order to investigate whether good social performance also leads to better financial performance. Financial variables are ROA and ROE and social variables contain five dimensions of Mark vinola model which obtain from tracking in financial statements and notes and based on score between -2 and +2. Finally, we conclude that there is no significant relationship between the social performance and corporate financial performance.

  11. The CSR-Quality Trade-Off: When can Corporate Social Responsibility and Corporate Ability Compensate Each Other?

    NARCIS (Netherlands)

    G.A.J.M. Berens (Guido); C.B.M. van Riel (Cees); J. van Rekom (Johan)

    2007-01-01

    textabstractThis paper investigates under what conditions a good corporate social responsibility (CSR) can compensate for a relatively poor corporate ability (CA) (quality), and vice versa. The authors conducted an experiment among business administration students, in which information about a

  12. Penerapan Corporate Social Responsibility dengan Konsep Community Based Tourism

    Directory of Open Access Journals (Sweden)

    Linda Suriany

    2013-12-01

    Full Text Available Abstract: Business is not only economic institution, but social institution too. As social institution, business has responsibility to help society in solving social problem. This responsibility called Corporate Social Responsibility (CSR. CSR pays attention about social problem and environment, so CSR support continuous development to help government role. Nowadays, our government has national development’s agenda. One of them is tourism sector (Visit Indonesia Year 2008 programmed. But tourism sector has challenge in human resources. In this case, business role in practice CSR is needed to help tourism sector. With CSR activities, the quality of local community will increase to participate in tourism activities. CSR activities include training that based on research. When the quality of local community increase, local community can practice the concept of community based tourism (CBT. In the future, Indonesia has a power to compete with other countries.

  13. Corporate Social Responsibility and Civil Environmental Liability: A Neoinstitutionalist Approach

    Directory of Open Access Journals (Sweden)

    Rafael Sales Rios

    2013-06-01

    Full Text Available The new economic paradigm including environmental transformation by human actions causes impact and pressure at numerous social classes. Therefore, there are many institutional and organizational changes to meet this new social and environmental demand. Thus, the work is divided into three parts. This work reveals, with the neo-institutionalism framework, how the institutional dynamics affect the decision-making process of business organizations in the adoption of environmental responsibility in its activities by dividing it in three parts. In the first part, it is studied the relationship between social agents, institutions and organizations, connecting them to the new environmental management present in the social system. In the second part it is characterized the role of informal institutions - manner, culture, values ​​- that operate action of organizations such as corporate social responsibility. Finally, in the third part, the role of formal institutions is explained - rules, regulations, laws – in the environmental liability.

  14. Communicating corporate social responsibilities: Using text mining for a comparative analysis of banks in India and Ghana

    OpenAIRE

    Saha, Anusua; Nabareseh, Stephen

    2015-01-01

    The increasing importance of corporate social responsibility (CSR) to entrepreneurial policies has created a vast array of research concern all over the world. The strategic integration of CSR in the core business of companies shows the bilateral relation between the company and the community the company serves in. Sustainability reports are recognized worldwide as a tool that companies use to communicate their socially responsible behavior. The objective of this paper is to analyze companies...

  15. Government Policies for Corporate Social Responsibility in Europe

    DEFF Research Database (Denmark)

    Knudsen, Jette Steen; Moon, Jeremy; Slager, Rieneke

    This paper analyses policies of twenty two EU member governments designed to encourage corporate social responsibility (CSR) over the first decade of the century. Our paper categorizes policies for CSR into different types depending on their expected degree of regulatory strength. Secondly, whilst...... it identifies a wide range of issues to which government CSR policies are directed, it notes a tendency for these to have expanded from social affairs and employment issues, through environmental issues, to economic and trade and development issues. Thirdly, governments act as agents in their respective...

  16. The Reputation Crisis: Risk Management Based Logical Framework to the Corporate Sustainability

    OpenAIRE

    Yilmaz, Ayse Kucuk; Kucuk, Ferziye

    2010-01-01

    Risk is a constituent part of both the business and the society in which we survive. Reputation is valuable assest for corporates in sustainable way. Integrating risk management with strategy-setting, such as an enterprise risk management (ERM) approach, helps an organization manage its risks to protect and enhance enterprise value in three ways. First, it helps to establish sustainable competitive advantage. Second, it optimizes the cost of managing risk. Third, it helps management improve b...

  17. A Framework for Managing Corporate Social Media Crisis

    DEFF Research Database (Denmark)

    Iskou Sørensen, Jannie; Mukkamala, Raghava Rao; Hussain, Abid

    that is informed by the crisis communication theories and grounded in the methodologies of netnography and big social data analytics. Findings show that voluminous but also transient nature of social media crises, different strategies employed by the organizations to manage the crises and their results......Social media crises pose significant challenges for organizations in terms of their rapid rate of spread and potential negative associations in terms of brand parameters and sustained negative advocacy by users. This paper reports on a multiple case study of four different social media crises...... framework for managing social media crises....

  18. CORPORATE GOVERNANCE AND CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE: EVIDENCE FROM SAUDI ARABIA

    Directory of Open Access Journals (Sweden)

    Murya Habbash

    2016-03-01

    Full Text Available Purpose: This study aims to discover the Corporate Social Responsibility (CSR disclosure practices and the potential influence of Corporate Governance (CG, ownership structure, and corporate characteristics, in an emerging Arab country, Saudi Arabia. This study extends the extant literature by investigating the drivers of CSR disclosure in a country that lacks research in this area. Methodology: This study examines 267 annual reports of Saudi non-financial-listed firms during 2007- 2011 using manual content and multiple regression analyses and a checklist of 17 CSR disclosure items based on ISO 26000. Findings: The analysis finds that the CSR disclosure average is 24%, higher than 14.61% and 16% found by Al-Janadi et al. (2013 and Macarulla and Talalweh (2012 for two Saudi samples during 2006-2007 and during 2008, respectively. This improvement may be due to the application of Saudi CG code in 2007. The analysis also shows that government and family ownership, firm size, and firm age are positive determinants of CSR disclosure, firm leverage is a negative determinant, while effective AC, board independence, role duality, institutional ownership, firm profitability, and industry type are found not to be determinants of CSR disclosure. Originality/value: This study is important because it uses agency theory to ascertain the influence of specific board characteristics and ownership structures on disclosure. As a result it provides important implications for CG regulators and different stakeholders and provides an evaluation of the recently applied Saudi CG code from CSR disclosure perspective.

  19. Transnational Corporations in Education: Filling the Governance Gap through New Social Norms and Market Multilateralism?

    Science.gov (United States)

    Bhanji, Zahra

    2008-01-01

    This paper explores the rising presence of transnational corporations (TNCs) in education and their mobilisation of global corporate social discourses to legitimise their private authority in education. The rising presence of TNCs is explored in the paper in two parts. First, through a taxonomy of global corporate social engagement (GCSE)…

  20. Environmental Education and Behaviour: The Case of Corporate Social-Responsibility.

    Science.gov (United States)

    Harvey, Brian

    1981-01-01

    Addresses the potential effects of environmental education on corporate behavior and social and environmental impact by examining connections between human behavior and environmental problems, the role of the modern corporation, a behavioral theory of the firm, and corporate social responsibility. (DC)

  1. Social Responsibility and Corporate Web Pages: Self-Presentation or Agenda-Setting?

    Science.gov (United States)

    Esrock, Stuart L.; Leichty, Greg B.

    1998-01-01

    Examines how corporate entities use the Web to present themselves as socially responsible citizens and to advance policy positions. Samples randomly "Fortune 500" companies, revealing that, although 90% had Web pages and 82% of the sites addressed a corporate social responsibility issue, few corporations used their pages to monitor…

  2. Corporate Social Capital and Public Relations : Capital Accumulation by Social Relationship and Rethinking the Definition of Public Relations

    OpenAIRE

    北見, 幸一

    2009-01-01

    This paper discusses Corporate Social Capital and Public Relations. This paper overviewed the Social Capital studies, especially early studies in sociology field, proposed the framework to evaluate Social Capital in a capital. Social Capital has the merit to reduce transaction costs, and should be clearly positioned as a component of capital of corporation. Using the concept of the Corporate Social Capital, to rethink the definition of Public Relations, this paper proposed the following defin...

  3. Pengaruh Kinerja Corporate Social Responsibility (CSR) Terhadap Persistensi Laba Pada Perusahaan Yang Bergerak Di Sektor Industri Dasar Dan Kimia Di Indonesia

    OpenAIRE

    Tedjosukmono, Shannon Dorothy

    2016-01-01

    The successful implementation of Corporate Social Responsibility (CSR) is less precise when measured with periodic financial performance, therefore it is more appropriate to measure it by using earning persistence as the measure of sustainable performance. However, researches linking CSR to earning persistence is still very rare. Therefore, this study was conducted to determine the influence of Corporate Social Responsibility (CSR) to the earning persistence on companies of basic and chemical...

  4. An Integrated Model to Explain How Corporate Social Responsibility Affects Corporate Financial Performance

    Directory of Open Access Journals (Sweden)

    Chin-Shien Lin

    2015-06-01

    Full Text Available The effect of corporate social responsibility (CSR on financial performance has important implications for enterprises, communities, and countries, and the significance of this issue cannot be ignored. Therefore, this paper proposes an integrated model to explain the influence of CSR on financial performance with intellectual capital as a mediator and industry type as a moderator. Empirical results indicate that intellectual capital mediates the relationship between CSR and financial performance, and industry type moderates the direct influence of CSR on financial performance. Such results have critical implications for both academia and practice.

  5. Financing sustainability: insights for investors, corporate executives, and policymakers

    NARCIS (Netherlands)

    Kerste, M.; Rosenboom, N.; Sikken, B.J.; Weda, J.

    2011-01-01

    Sustainability thinking is rapidly gaining traction. It o­ffers an inspiring vision for the future of the world and provides significant business and investment opportunities. Based on insights from over 300 empirical studies, this book explores the possibilities in the field of renewable energy

  6. The corporate observatorium: Sustaining management communication and continuity in the age of complexity

    Energy Technology Data Exchange (ETDEWEB)

    Warfield, J.N. [George Mason Univ., Fairfax, VA (United States)

    1996-12-31

    The prevalence of complexity is a fact of life in virtually all large organizations. However the ways in which organizations try to manage that complexity are largely out of touch with relevant scholarly results. Instead management actions are still overly-governed by fads. This phenomenon has been described by Russell Ackoff as {open_quotes}panacea overload{close_quotes}. The late Harold Lasswell recognized a critical aspect of the management of complexity (essentially ignored in academia and in the political scene), when he proposed the development of the {open_quotes}social planetarium{close_quotes}, and (later) the {open_quotes}urban planetarium{close_quotes} back in the days when cities were in turmoil through the USA. That proposal, with some modifications, is the basis for the concept of the {open_quotes}corporate observatorium{close_quotes}. It is a piece of real estate, whose building interior can be loosely compared with that of the Louvre, in that it contains a variety of rooms, and facilitates rapid familiarization with their contents by the persons who walk through that property. Further analogy comes from the recognition of the importance of wall displays (with electronic adjuncts), large enough in size to preclude any necessity to truncate communications; and tailored to help eradicate or minimize complexity in understanding, both broadly and in depth, the nature of the large organization, its problems, its vision, and its ongoing efforts to resolve its difficulties. Comparison with the planetarium for envisaging a broad swatch of the sky is self-evident. Seven critical forms of representation of complexity will be described briefly. Their significance in sustaining communication and organizational continuity via the corporate observatorium will be indicated. Potential application in higher education will also be briefly described.

  7. Certification of Environmental Corporate Social Responsibility Activities in Differentiated Duopoly Market

    Directory of Open Access Journals (Sweden)

    Liuwei Zhao

    2017-01-01

    Full Text Available In this paper, by environmental Nongovernmental Organizations certification we research corporate social responsibility in the impacts of competition structures on corporate incentives. The research explained that, to induce firms to adopt certified environmental corporate social responsibility, the certifier will set a standard lower than the optimal one. The environmental certification corporate social standard is equal to that in Cournot competition and Bertrand competition, but Bertrand competition structure will make the firm get more benefits than Cournot competition. In addition, the research also shows that firms and consumers all will get benefit from environmental corporate social responsibility.

  8. Corporate Responsibility

    DEFF Research Database (Denmark)

    Waddock, Sandra; Rasche, Andreas

    2015-01-01

    We define and discuss the concept of corporate responsibility. We suggest that corporate responsibility has some unique characteristics, which makes it different from earlier conceptions of corporate social responsibility. Our discussion further shows commonalities and differences between corporate...... responsibility and related concepts, such as corporate citizenship and business ethics. We also outline some ways in which corporations have implemented corporate responsibility in practice....

  9. Corporate Social Responsibility: A Promising Social Innovation or a Neoliberal Strategy in Disguise?

    Directory of Open Access Journals (Sweden)

    Maja Savevska

    2014-06-01

    Full Text Available Since the Lisbon summit the European Union has become resolute in its intention to promote the uptake of corporate social responsibility among European companies. The recent financial crisis has provided further impetus for evangelising CSR, which is identified by the EU public authorities as one exit strategy from the crisis and a promising means of fulfilling the Treaty objectives of inclusive and sustainable social market economy. This paper finds the above assertion problematic and uses a Polanyian framework to evaluate its validity. The paper represents a conceptual intervention in the policy justification provided by the European Commission. Contrary to the overly optimistic voices that see decommodifying tendencies within CSR, this paper claims that CSR does not have a potential to re-embed the economy as argued by the Commission. Despite its protective invocation, CSR is predicated on deepened commodification. It depends on the staging of a special type of exchange relation, whereby reputation is quantified and sold as a commodity by being denominated in a common unit. As such the CSR form promoted by the Commission is a microeconomic counterpart to the regime of rule-based macroeconomic depoliticisation.

  10. CORPORATE SOCIAL RESPONSIBILITY- A NEW PERSPECTIVE FOR SMEs IN ROMANIA

    Directory of Open Access Journals (Sweden)

    Oana POPA

    2012-01-01

    Full Text Available This article presents the theme of Corporate Social Responsibility (CSR, a subject of great interest for the management of organizations and for the scientific research. In the last decade, concerns regarding the advanteges of a social responsible behaviour have increased not only for large organizations and multinationals, but for the SMEs field as well, and CSR became an imperative for obtaining and maintaining competitive advantage in the market. This paper aims to highlight the theoretical studies on CSR in SMEs that are still at an early stage and the main tools that support SMEs in Romania to adopt best practices. The theoretical research presented in the article examines the role and contribution of various national and international organizations in order to eliminate the barriers against socially responsible behavior of organizations. Through a case study among SMEs in Dolj are highlighted the main trends and the attitude that romanian SMEs have on Social Responsibility.

  11. ECO-INNOVATION, RESPONSIBLE LEADERSHIP AND ORGANIZATIONAL CHANGE FOR CORPORATE SUSTAINABILITY

    National Research Council Canada - National Science Library

    Dorel Mihai Paraschiv; Estera Laura Nemoianu; Claudia Adriana Langa; Tünde Szabó

    2012-01-01

    .... Sustainability requires the full integration of social and environmental aspects into the vision, culture and operations of an organization, a profound process of organizational change being essential...

  12. Making Sense of Corporate Social Responsibility and Work.

    Science.gov (United States)

    Seivwright, Ami N; Unsworth, Kerrie L

    2016-01-01

    Employees can be a driving force behind organizational corporate social responsibility (CSR) efforts, yet the vast majority of literature has focused on firm-level understanding and implementation of CSR. Recent literature that explores the relationship between employees and CSR has not investigated how employees conceive of their role in CSR. We propose that in order to understand the factors that affect employee engagement in CSR, we must first understand how employees conceptualize the phenomenon of CSR and how that conceptualisation fits into their work. Our exploratory, inductive study interviews two cohorts of employees, one in a not for profit and the other in a corporate organization, revealing stark contrasts in how the different cohorts conceptualize and engage in CSR, particularly with regards to how CSR contributes to meaningfulness at work. Implications for organizations are discussed.

  13. Making sense of corporate social responsibility and work

    Directory of Open Access Journals (Sweden)

    Ami Nicole Seivwright

    2016-03-01

    Full Text Available Employees can be a driving force behind organisational corporate social responsibility (CSR efforts, yet the vast majority of literature has focused on firm-level understanding and implementation of CSR. Recent literature that explores the relationship between employees and CSR has not investigated how employees conceive of their role in CSR. We propose that in order to understand the factors that affect employee engagement in CSR, we must first understand how employees conceptualise the phenomenon of CSR and how that conceptualisation fits into their work. Our exploratory, inductive study interviews two cohorts of employees, one in a not for profit and the other in a corporate organisation, revealing stark contrasts in how the different cohorts conceptualise and engage in CSR, particularly with regards to how CSR contributes to meaningfulness at work. Implications for organisations are discussed.

  14. Making Sense of Corporate Social Responsibility and Work

    Science.gov (United States)

    Seivwright, Ami N.; Unsworth, Kerrie L.

    2016-01-01

    Employees can be a driving force behind organizational corporate social responsibility (CSR) efforts, yet the vast majority of literature has focused on firm-level understanding and implementation of CSR. Recent literature that explores the relationship between employees and CSR has not investigated how employees conceive of their role in CSR. We propose that in order to understand the factors that affect employee engagement in CSR, we must first understand how employees conceptualize the phenomenon of CSR and how that conceptualisation fits into their work. Our exploratory, inductive study interviews two cohorts of employees, one in a not for profit and the other in a corporate organization, revealing stark contrasts in how the different cohorts conceptualize and engage in CSR, particularly with regards to how CSR contributes to meaningfulness at work. Implications for organizations are discussed. PMID:27047439

  15. Sustainable development and corporative information: evolution and actual situation; Desarrollo sostenible e informacion corporative. Evolucion y situacion actual

    Energy Technology Data Exchange (ETDEWEB)

    Moneva, J. M.; Ortas, E.

    2009-07-01

    The aim of this research is to analyze the development of sustain ability reporting practices from a critical perspective. A global descriptive study has been raised, making special reference to the Spanish organizations. From the basic concepts of sustainable development, triple bottom line and accountability, a historical review has been carried out about social and environmental reporting by companies and other organizations. Furthermore, sustain ability reporting framework is revisited, focusing our study in the Global Reporting Initiative framework. These aspects configure the basis for a descriptive empirical research in a global and national context. (Author) 29 refs.

  16. CORPORATE SOCIAL RESPONSIBILITY IN INTERNATIONAL ECONOMIC LAW PERSPECTIVE

    Directory of Open Access Journals (Sweden)

    Nyoman Indra Juarsa

    2015-12-01

    Full Text Available Multinational Corporation/MNC has a significant role to play in promoting sustainable development and alleviating global poverty. As a subject of International Economic Law, MNC has the rights to take profit from its business activities. In addition, it also has responsibility to protect sustainable environment through CSR program. This paper focuses on what more specific instrument sets CSR in international economic law, and how CSR can be implemented by the MNC. International (public law has been providing instruments to regulate MNC activities related to CSR, those are: OECD Guidelines, ILO Declaration and UN Global Compact. However, they are only “soft laws” that still require more specific instrument to be implemented. As a continuation of the general rules of public international CSR Instruments, the World Bank Group through the IFC and MIGA sets standard performances that must be met by every corporation that will get finance (IFC or guarantee (MIGA. Standard Performances are described further in the environmental, health and safety guidelines that are essential for every company to provide protection to stakeholders related to business activities including workers, communities, and environment. As the method of evaluation and enforcement, IFC and MIGA have institution namely Compliance Advisor Ombudsman serving to receive reports from the public, investigate and provide notification to the company activities that negatively affect the society. Ultimately CSR is not only seen as philanthropy (mandatory but also as guidelines and a code of conduct to be followed by the corporation in carrying out any business.   Key words: mandatory norm, obligatory norm, CSR

  17. Corporate social policy - problems of institutionalization and experience of Russian oil and gas companies

    Science.gov (United States)

    Nekhoda, E.; Kolbysheva, Yu; Makoveeva, V.

    2015-11-01

    The article examines a range of problems related to the process of institutionalization in the corporate social policy, characterizing the social responsibility of business and representing a part of the general strategy of corporate social responsibility. The experience of the social policy implementation in oil and gas companies is analyzed.

  18. Corporate social policy - problems of institutionalization and experience of Russian oil and gas companies

    OpenAIRE

    Nekhoda, Evgeniya Vladimirovna; Kolbysheva, Yuliya Vladimirovna; Makoveeva, V.

    2015-01-01

    The article examines a range of problems related to the process of institutionalization in the corporate social policy, characterizing the social responsibility of business and representing a part of the general strategy of corporate social responsibility. The experience of the social policy implementation in oil and gas companies is analyzed.

  19. Economic gains stimulate negative evaluations of corporate sustainability initiatives

    Science.gov (United States)

    Makov, Tamar; Newman, George E.

    2016-09-01

    In recent years, many organizations have sought to align their financial goals with environmental ones by identifying strategies that maximize profits while minimizing environmental impacts. Examples of this `win-win' approach can be found across a wide range of industries, from encouraging the reuse of hotel towels, to the construction of energy efficient buildings, to the large-scale initiatives of multi-national corporations. Although win-win strategies are generally thought to reflect positively on the organizations that employ them, here we find that people tend to respond negatively to the notion of profiting from environmental initiatives. In fact, observers may evaluate environmental win-wins less favourably than profit-seeking strategies that have no environmental benefits. The present studies suggest that how those initiatives are communicated to the general public may be of central importance. Therefore, organizations would benefit from carefully crafting the discourse around their win-win initiatives to ensure that they avoid this type of backlash.

  20. The International Finance Corporation and financing of sustainable energy

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-12-01

    The International Finance Corporation (IFC), a member of the World Bank Group, is the largest multilateral source of loan and equity financing for private sector projects in the developing world. IFC participates in an investment only when it can make a special contribution that complements the role of market operators. Since its founding 40 years ago, IFC has provided more than $18.8 billion in financing for 1,706 companies in developing countries. Its share capital is provided by its 170 member countries, which collectively determine its policies and activities. Strong shareholder support and a substantial paid-in capital base have allowed IFC to raise funds for its lending activities through its triple-A rated bond issues in international financial markets. IFC created an Infrastructure Department in 1992 in response to the growing demand for its services in this area. During fiscal 1996 IFC approved 33 projects for new investments of $715 million of which 27% were in the power sector. In recognition of the continuing demand growth for private power investments an expanded Power Department has been formed to handle IFC`s investments in electric power generation projects using renewable resources such as: run-of-the-river hydro, geothermal, biomass cogeneration, wind energy, and solar (photovoltaic, solar thermal, etc.), as well as conventional thermal generation projects, transmission and distribution projects, and energy efficiency investments.