Company Corporate Social Responsibility Research Articles

The Role of Corporate Social Responsibility in Supporting SDGs: A Propriety and Fairness Perspective

Introduction: Increasingly complex environmental challenges demand transparent and accountable measurement of corporate social responsibility (CSR). To create corporate value and monitor social, environmental, and economic impacts, companies and governments collaborate to promote ethical CSR practices and meet existing regulatory requirements, while supporting transparency and accountability in achieving the Sustainable Development Goals (SDGs). However, varying CSR measurement standards often make it difficult to compare performance between companies. Objective: To uncover how stakeholders define the propriety and fairness of companies to achieve the SDGs. Method: Research data were obtained from interviews with company leaders/internal auditors/external auditors/teams involved in the company's CSR evaluation process totaling 81 people. The data collection process was carried out in a hybrid manner. Results and Discussion: In terms of regulations, most companies have complied with regulations related to transparency, financial reporting, and CSR. In terms of propriety and fairness, CSR costs cannot be classified as income, but rather as a reduction in taxable income (expenses). However, it turns out that there are still companies that include CSR costs in other income. Research Implications: This study develops a model for assessing the propriety and fairness of CSR in sustainability reporting, including the social and environmental impacts of its business to support the achievement of SDGs. Originality/Value: This study produces a measurable assessment of the propriety and fairness of corporate CSR, which supports SDGs in improving corporate accountability and transparency.

A Study on Antecedent and Consequential Relationship of Company's CSR Initiatives, Benefits to the Company and Society

: In an era where businesses are increasingly scrutinized for their societal impact, this study delves into the transformative power of Corporate Social Responsibility (CSR) by examining the initiatives of Godawari Power and Ispat Ltd. (GPIL) and Jayswal Neco. By looking beyond traditional financial metrics, the research seeks to uncover the broader benefits of CSR initiatives, focusing on their influence on employee awareness and societal well-being. Data was collected through surveys of employees and local community members, allowing for a comprehensive analysis of the connections between CSR efforts and their outcomes. Employing robust statistical tools such as the Statistical Package for the Social Sciences (SPSS) and Exploratory Factor Analysis (EFA), the findings reveal that both companies are not only committed to CSR but are also making meaningful strides toward societal improvement. This research highlights the essential role of CSR in fostering sustainable business practices that resonate far beyond the bottom line. Firstly, due to the company's exhibited evenhandedness, the companies' socially responsive initiatives reduce employee turnover. Secondly, the company's initiative to meet customers' justice needs tends to increase customer satisfaction. Above all, CSR initiatives' implementation in a healthy way also builds the company's reputation.

Colonial Governance in the Mining Sector: Las Bambas’ RSC and the Conflicts with the Communities

ABSTRACT Mining is an essential component of Peru's social metabolism and the main export item in monetary terms. Copper accounts for half of exports, and its demand is expected to increase because of the energy transition. Mining extraction causes permanent and numerous socio-environmental conflicts, particularly affecting indigenous populations whose integrity is at risk. The Chinese mining company MMG owns the Las Bambas mining project and has ongoing conflicts with affected communities. Affected communities are vulnerable to the mining giant and government repression. Despite promises of community participation, the company has failed to deliver. A long process of complaints and protests begins, to which more communities affected by the mining project are joining. Based on an analysis of the mining company's corporate social responsibility, we will show its colonial governance, demonstrating that its corporate social responsibility does not resolve the conflict, but on the contrary, favors the monetary claims of the communities supporting a corporate colonial behavior.

The impact of earnings management on financial performance considering the moderating role of intellectual capital and corporate social responsibility of companies listed on the Iraq Stock Exchange.

The impact of earnings management on financial performance considering the moderating role of intellectual capital and corporate social responsibility of companies listed on the Iraq Stock Exchange.

The impact of earnings management on financial performance considering the moderating role of intellectual capital and corporate social responsibility of companies listed on the Iraq Stock Exchange.

The impact of earnings management on financial performance considering the moderating role of intellectual capital and corporate social responsibility of companies listed on the Iraq Stock Exchange.

Strategies of Cooperative Society for Flourishing of Business

A company's corporate social responsibility (CSR) refers to the methods it uses to conductbusiness in a manner that is ethical, considerate of the needs of the community, and conducive to itsgrowth.Villages are the life of India and it is very important for the development of the rural areas in everyfield especially in agriculture sector which is the livelihood of India. Cooperative banks are playing a majorrole in the well being of the rural banks along bringing financial stability. One of the main societies in Indiawhich has been Asia’s second largest co-operative bank which supports its farmers by providing loanshelps in marketing of the crops and also provides welfare schemes to the agrarian committee. This studyaims to know the social responsibility activities of the Mulkanoor society in the development of the ruralpeople who are the share holders of the society. The study is descriptive in nature and for this studysecondary data is mainly used.

An Analysis of Chinese Publicly Listed Pharmaceutical Company CSR Disclosures

Increased public awareness toward Corporate Social Responsibility (CSR) has intensified the pressure on the pharmaceutical industry to adopt more responsible practices. As a top supplier of Western pharmaceutical companies, Chinese pharmaceutical companies are not immune to these same pressures as they engage with overseas regulators and investors. This study analyzes the factors that contribute to the CSR disclosures of publicly listed Chinese pharmaceutical companies covering 2014–2018. In the analysis, peer comparison and market-driven incentives to disclose a firm’s CSR impacts and risks come out as a robust determinant of overall disclosure and its components. While stakeholder awareness and strategic CSR have some varying degrees of associations with the five pillars of CSR disclosures, institutional framework and spill-over effect seem to have only limited influence on these disclosures. The results highlight some interesting dynamics and can provide insights into the implications of fostering a CSR-oriented business culture.

Implications Related To Regulation On Corporate Social Responsibility In Indonesia (Study on Law No. 40 of 2007 on Limited Liability Company and Law No. 25 of 2007 on capital investment)

Good corporate governance has 5 main principles: openness, accountability, accountability, independence, and equality. Although Law Number 40 of 2007 concerning Limited Liability Companies does not explicitly regulate it, the values of the principle are contained in it. One important principle is accountability, which includes corporate social responsibility (CSR). CSR is the company's commitment to contribute to sustainable economic development by paying attention to economic, social, and environmental aspects. Law No. 40 of 2007 and Law No. 25 of 2007 require the implementation of CSR for companies, but there are vagueness and differences in the definition and scope regulated. This raises problems related to discrimination and potential violations of private property rights of companies. In general, CSR arrangements in Indonesia are still not detailed and clear, especially related to intersections with regional interests and social responsibility to the community. Clarity of arrangements is needed so that CSR can be implemented properly and provide benefits to companies, local governments, and surrounding communities. The problem in this study is the implications caused related to the Regulation on Corporate Social Responsibility in Indonesia and how the form of social responsibility and the form of Corporate responsibility in Indonesia related to the Regulation on Corporate Social Responsibility in Indonesia. This type of research is Normative legal research. The method of approach uses legislative and conceptual approaches. Data sources come from primary and secondary legal subers. The results of this study show that the implications arising related to the regulation on Corporate Social Responsibility in Indonesia, in the UUPT regulation on Corporate Social Responsibility are unclear and overlap with other related laws and regulations. Not all companies related to natural resources carry out social and environmental responsibility, because there is still a perception that the allocation of Corporate Social Responsibility is not mandatory, and in its implementation there is no good control from the government, and there are no firm sanctions for companies that do not channel Corporate Social Responsibility. The form of social responsibility and the form of Corporate responsibility in Indonesia related to the Regulation on Corporate Social Responsibility in Indonesia can vary, depending on the needs and priorities of the company and the surrounding community. Corporate Accountability that implements CSR is needed to hold stakeholders accountable. The form of accountability can be: CSR report: a report that explains the CSR activities that have been carried out by the company, the impact that has been achieved, and the obstacles faced. CSR audit: an independent audit to ensure that CSR activities have been carried out in accordance with established standards and policies. Dialogue with stakeholders: open dialogue with stakeholders to obtain input and suggestions related to CSR implementation.

Evaluation of Taiwan's IC industry production and market efficiencies under the consideration of corporate social responsibility

AbstractTaiwan has a complete semiconductor industry chain and is important in global semiconductor manufacturing. In addition to considering operational conditions, companies have also attached importance to corporate social responsibility (CSR) in recent years. This research thus takes 60 integrated circuit (IC) companies in Taiwan as a research sample and adopts the Meta Two‐stage dynamic RDM DDF (range directional model directional distance function) under an exogenous CSR model to explore their market stage efficiency and production stage efficiency. This study aimed to analyze whether incorporating a company's CSR performance into performance evaluations affects the production and profitability efficiency of Taiwanese IC companies. The findings are as follows: Most IC companies practice CSR and demonstrate good CSR performance. The market stage efficiency and production stage efficiency of the IC packaging and testing group are better than those of other groups.

Pengaruh CEO Narcisissm, Research and Development Investment terhadap Corporate Social Responsibility di Jakarta Islamic Index 70 dengan Ukuran Perusahaan sebagai Pemoderasi

Research Aims: Corporate social responsibility pays attention to researchers and predecessors. The increasingly widespread industrial activities are paying more attention to corporate social responsibility (CSR). The existence of industry in Indonesia causes demands on companies to become higher and every company is required not to prioritize profits, but companies must also have concern for the environment and the prosperity of the communities around the industry. Factors that can influence corporate social responsibility (CSR) are CEO Narcissism, Research and Development Investment and Company Size. Design/methodology/approach: This research used secondary data in the form of financial reports and company annual reports and collected 28 samples from 124 populations. Research Findings: This paper shows that CEO Narcissism has an influence on CSR, R&D Investment has no influence on CSR, Company Size has an influence on CSR, Company Size can moderate CEO Narcissism on CSR, but Company Size cannot moderate R&D Investment on CSR. Theoretical Contribution/Originality: The researcher concluded the data that CEO Narcisssim can have an influence on the company's broad social responsibility (CSR) decision, R&D Investment cannot have an influence on CSR with investment not being able to make the company cover CSR broadly, Company Size can have an influence on CSR by The presence of high assets in a company can reveal CSR. Researchers also added company size as a moderator. The results obtained using data show that company size can moderate CEO Narcissism towards CSR but cannot moderate R&D Investment towards CSR.

CSR practices and earnings management: the mediating effect of accounting conservatism and the moderating effect of corporate governance: evidence from Finnish companies

Purpose This study aims to examine the impact of corporate social responsibility (CSR) on earnings management (EM). Furthermore, the authors assessed the mediating effect of accounting conservatism (AC) on the CSR-EM relationship over the long term. The authors also tested the moderating effect of corporate governance (CG) on the AC-EM relationship in the Finnish context. Design/methodology/approach Linear regressions were applied to panel data using Thomson Reuters’ ASSET4 database. Data were collected from 140 Finnish firms between 2005 and 2022. Findings The results confirm that negative CSR has an impact on EM. Moreover, AC mediates the relationship between CSR and EM. Likewise, CG moderates the relationship between AC and EM. Practical implications This paper may interest academic researchers and potential and current investors. This paper will help investors make relevant investment decisions. Managers should pay special attention to their EM. These firms must take social responsibility vis-a-vis all their stakeholders. Originality/value To the best of the authors’ knowledge, this study is the first to use AC as a mediator and CG as a moderating variable in the Finnish context. This research will enrich the literature by providing a comprehensive picture of the relationships between CSR and EM through AC and CG in developed markets. Therefore, it is crucial to understand the implications of CSR in Finnish companies.

Effects of CSR-Related Media Coverage on Corporate Reputation

AbstractBased on framing and attribution theory, this study explores the mediator role of CSR skepticism within the relation of media coverage about corporate social responsibility (CSR) activities on reputation and brand attitudes. Within this investigation, we also explore framing and negativity effects. We conducted an experimental design (German speaking sample, N = 207) using media reports on environmental CSR of a (fictitious) airline company. Our results demonstrate that effects on reputation are fully mediated by CSR skepticism, and effects on brand attitudes are partly mediated by CSR skepticism. Additionally, reputation and brand attitudes are contingent with positive and negative valence of media framing and a negativity bias can be found for framing effects on brand attitudes.

Exploring Talent Management Practices and Corporate Social Responsibility in Finnish Companies

AbstractThe contemporary work landscape is characterized by rapid change and many evolving challenges. Therefore, companies are in increasing need for acquiring fresh knowledge and skills and human capital is acknowledged being a crucial asset for success in business world. The challenge persists in attracting, retaining and managing skilled employees. Though, the importance of corporate social responsibility (CSR) in talent management has been recognized, still there remains a gap in understanding how talent management is integrated into CSR of companies, particularly at the multilevel investigation level. A directed content analysis method was employed on CSR reports of 25 major Finnish companies to explore key talent management practices at normative, strategic, and operational levels, as well as the integration of talent management components into CSR reports. Normative values such as diversity, equity, and inclusion were consistently emphasized in the reports. However, the translation of these values into practical implementation often yielded abstract strategic principles rather than clearly defined operational practices. The companies have placed over reliance on standardized reporting methods rather than providing comprehensive insights into talent management practices.

The Role of Purchase Intention on the Effect of Company Image, CSR, Promotion and Brand Image on Tokopedia Purchase Decisions in Surabaya and Sidoarjo

Online shopping marketing strategy requires some efforts for increasing the purchasing decision by the customers. Therefore, understanding the factors which affect such purchasing decision if important. This study explores the effects of company image, Corporate Social Responsibility (CSR), promotions, and brand image on purchasing decision. The data were collected from 123 respondents from the customers of Tokopedia online business in Sidoarjo and Surabaya, Indonesia. The data were analyzed using structural equation modelling techniques (SEM-PLS) using Warp-PLS., It was found that both company image and CSR significantly influence purchasing decisions, while promotions do not exhibit a significant effect. Brand image also emerged as a significant positive influences on purchasing decisions. Additionally, the study investigated the mediating role of purchase intention in these relationships. It was revealed that purchase intention partially mediated the influence of promotions and brand image on purchasing decisions but did not mediate the effects of company image and CSR. The discussion further underscores the significance of company image and CSR in shaping purchasing decisions, aligning with prior research. However, discrepancies with previous studies were acknowledged, suggesting avenues for further exploration.. Suggestions for future research include conducting studies with larger and more diverse samples, employing longitudinal designs to track evolving consumer behavior, and exploring additional variables such as pricing strategies and customer service.

Discovering the deep roots of corporate social responsibility in SMEs

Purpose This article looks at the field of corporate social responsibility (CSR) in Cameroon's dynamic landscape, exploring the motivations driving small and medium-sized enterprises (SMEs) to adopt socially responsible practices. In contrast to the emphasis on CSR in large companies, we highlight the central role played by SMEs as catalysts for sustainable development. Design/Methodology/Approach Using a quantitative methodological approach, this study examines the different factors that influence the adoption of CSR in Cameroonian SMEs. We established a non-probability sample of 124 SMEs based in the following four Cameroonian cities: Douala, Yaounde, Garoua and Ngaoundere. We used binomial logistic regression to analyse the impact of financial resources, institutional environment, company size, sector of activity, managerial ethics and company age on SMEs' commitment to socially responsible practices. Findings and implications Our study highlights the key determinants of commitment to CSR in Cameroonian SMEs. Our results show that financial resources, the institutional environment, the size of the company, the sector of activity, the ethics of the manager and the age of the company appear to be key factors influencing the implementation of a CSR approach. However, the factors studied have different weights of influence in the implementation of this CSR approach. These results prompt a reassessment of CSR implementation strategies and provide valuable pointers for improving the reputation, sustainability and relevance of Cameroonian SMEs in a rapidly changing context. Limitations Although this study makes a significant contribution to the understanding of CSR in Cameroonian SMEs, certain limitations must be acknowledged. The research is specific to the Cameroonian context and the results may not be universally applicable. In addition, the dynamic nature of business environments introduces a temporal component that may impact the generalisability of our results over time. Finally, the absence of a relationship between the nature of the technologies used and the implementation of a CSR approach is counter-intuitive and would merit being tested on larger samples or being the subject of further qualitative research in order to identify other components of the variable.Originality This research fills a crucial gap in the literature by shedding light on CSR in the context of Cameroonian SMEs. The identification of multifaceted determinants offers a unique contribution to the wider CSR discourse, challenging conventional perceptions and providing practical implications for both academics and practitioners.

An Empirical Study of the Relationship Between Digital Transformation, Corporate Social Responsibility and Financial Performance

The article investigates the impact of corporate social responsibility (CSR) and digital transformation (DT) on corporate financial performance (CFP) indicators, as well as the moderating effect of DT on the relationship between CSR and CFP indicators. The study was conducted using Stata 17.0 software based on data (5709 observations) on 558 A-share listed manufacturing companies of the Shanghai and Shenzhen Stock for 2012-2021 (excluding financial and insurance companies, ST and ST* companies, as well as companies with incomplete data). The independent variable used in the modelling process is the CSR rating report of the Hexun website, indicators of which are reconstructed by dividing them into strategic CSR (shareholder responsibility, employee responsibility, customer responsibility) and altruistic CSR (environmental responsibility and social contribution). The dependent variable is 2 CFP indicators: return on equity (ROE) and TOBIN’s Q. The DT index is used as a moderating variable, for the calculation of which the texts of companies’ annual reports were segmented using the Python programming language and standardised data on the frequency of keywords in 4 dimensions: digital technology application, Internet business model, intelligent manufacturing and contemporary information system; the weights for each dimension index was determined using the entropy approach. The control variables are corporate assets (Size), financial leverage level (Lev), current ratio (Cur), firm growth (Gro), shareholding ratio of the largest shareholder (First) and technological innovation (RD) of companies. The study also considered the year and industry factors. To study the moderating effect of DT on the relationship between CSR and CFP indicators of companies in different situations, the grouping variables chosen were the ownership type (state-owned and non-state-owned companies), the enterprise lifecycle (cash flow portfolio method was used to identify its stages) and the degree of market competition (Herfindahl-Hirschman Index). The modelling is based on a fixed-effects regression model. The study found that both CSR and DT have a positive impact on CFP, and that DT moderates the relationship between CSR and CFP, indicating that integrating digital technologies with sustainable development strategies can enhance financial benefits. The study also highlights the importance of different dimensions of corporate social responsibility. A high level of digital transformation strengthens the promotion effect of strategic social responsibility on current and future financial success of companies. Meanwhile, the promotion effect of altruistic social responsibility on current financial performance is significant. Heterogeneity analysis shows that the positive moderating effect of digital transformation on the relationship between corporate social responsibility and financial performance mainly applies to private firms, firms in the mature stage, and firms with low market competition. The article offers practical advice for businesses seeking to use digital transformation to maximise economic and social value.

Effect of CSR on Corporate Performance: The Mediating Role of Human Resources Management

The management and marketing literature has increasingly emphasized the significance of corporate social responsibility (CSR) in determining company performance over the past few decades. While there is growing recognition of the potential impact of CSR initiatives on business outcomes, there remains a lack of consensus on the specific mechanisms through which CSR influences performance. This ambiguity underscores the need for further research to elucidate the relationship between CSR and business performance. Our research seeks to address this gap by examining the role of CSR-based human resource management as a potential mediating factor in this relationship. This focus is particularly pertinent given the pivotal role that employees, as key stakeholders, play in shaping organizational outcomes. By analyzing data from a sample of small and medium-sized manufacturing companies using partial least squares structural equation modelling (PLS-SEM), we found evidence supporting the hypothesis that CSR initiatives can positively impact business performance. Importantly, our findings suggest that the effectiveness of a company's CSR strategy in enhancing performance may be contingent upon the extent to which these initiatives are geared towards improving human resource management efficiency. In conclusion, current study contributes to the evolving understanding of the complex interplay between CSR and business performance, highlighting the critical role of human resource management practices in mediating this relationship.

Communication strategies for effective CSR and stakeholder engagement in the oil & gas industry: A conceptual analysis

This conceptual analysis explores communication strategies for effective Corporate Social Responsibility (CSR) and stakeholder engagement in the oil and gas industry. The oil and gas sector faces increasing scrutiny from stakeholders, including communities, governments, NGOs, and investors, regarding its social and environmental impact. Effective communication is crucial for companies to build trust, manage expectations, and demonstrate their commitment to CSR. The analysis discusses key communication strategies that companies can employ to enhance CSR and stakeholder engagement. These strategies include transparency, dialogue, collaboration, and storytelling. Transparency involves providing clear and accurate information about the company's CSR initiatives, performance, and impact. Dialogue involves engaging with stakeholders to understand their concerns, gather feedback, and address issues. Collaboration involves partnering with stakeholders to co-create solutions and maximize the impact of CSR initiatives. Storytelling involves sharing compelling narratives about the company's CSR efforts to inspire stakeholders and build a positive reputation. The analysis also highlights the importance of tailoring communication strategies to the specific context of the oil and gas industry. This includes addressing the unique challenges and sensitivities associated with oil and gas operations, such as environmental risks, community impacts, and regulatory complexities. Overall, the analysis emphasizes the importance of communication in driving effective CSR and stakeholder engagement in the oil and gas industry. Companies that adopt transparent, dialogue-driven, collaborative, and storytelling-based communication strategies are more likely to build trust, enhance their reputation, and create positive social and environmental impact.

Positive Outcomes of Corporate Social Responsibility for Companies and Society

To explore the complicated field of corporate social responsibility (CSR), this study performs a thorough narrative review of the literature. It achieves this by clarifying the benefits that CSR could bring to society as well as to companies. According to the study, corporate social responsibility (CSR) goes beyond philanthropy and serves as an imperative strategy that improves a company's competitive advantage, reputation, and brand image. The study highlights the several benefits companies may achieve, such as enhanced staff morale, reduced risk, increased market share, and sustained financial prosperity. The article also explores the social impact of corporate social responsibility (CSR), presenting it as a driving force behind improving living standards, advancing equity, and aiding in protecting the environment.

Dynamics and Effects of Corporate Social Responsibility Authenticity

Authentic corporate social responsibility (CSR), defined as the belief that a company's CSR initiatives are an honest reflection of its "real self," has received little attention in the literature on micro-CSR and management. Establishing views of genuine CSR among workers is undoubtedly crucial for firms to fully reap the advantages of CSR, especially in a climate when charges of corporate greenwashing abound and cynicism about social responsibility initiatives is rampant. Using attribution theory as a framework, we investigate two possible reasons for engaging in CSR—strategic-driven and values-driven—to see how workers view the legitimacy of such efforts. Along these lines,weanalyze how genuine CSR impacts workers' faith in the company and their perceptions of organizational support. Finally, we use a social exchange theory framework to look at how CSR authenticity mediates the connection between how people perceive the organization's motives and two major outcomes, how people perceive the organization's support and trust, and how these outcomes impact how employees feel about the organization and how they act as citizens. According to my findings, workers' views of CSR authenticity are influenced by values-driven reasons. Moreover, these authenticity perceptions play a mediating role in the link between values-driven motives and perceived corporate support and trust. Employees' views of CSR authenticity and sentiments of perceived corporate support are two channels by which values-driven motivations favorably impact organizational citizenship activities, according to further study.