Meaning Of Corporate Social Responsibility Research Articles

Social Responsibility in Business

Dynamic environmental changes due to internal and external factors force business people not only to increase profits and employment systems, but also to overcome social problems. The greater power an entrepreneur has, the greater his influence on the quality of life of society, both individually and in society. It even impacts every life in the world. This phenomenon gave rise to statements of corporate social responsibility (CSR). CSR emphasizes that corporate responsibility does not only apply to economic activities (generating profits for the sustainability of the company), but also social responsibility, including the environment. Social responsibility in business does not only focus on social responsibility that prioritizes humanism, love, concern for religion and morality, but also on the obligations that must be fulfilled by business. To solve social problems. Many things have been done consciously in developing CSR. This means that implementing CSR means investing in the development and continuity of a company, which is seen as a benefit, not a cost. CSR is still a global trend.

CORPORATE SOCIAL RESPONSIBILITY IN INDIA-CURRENT SCENARIO AND CHALLENGES

Corporate Social Responsibility (CSR) was made mandatory in India by the Companies Act of 2013, thus the evaluation of CSR activities over the years has become inevitable. Any unit or business derives a lot from the society so it is the responsibility of the business or unit to contribute some portion of its annual profits. The belief that it should be allocated for the society is getting stronger today. As a result, this provision was made mandatory under Section-135 of the Companies Act, 2013. The main objective of this research paper was to know the meaning of CSR and to get information about the existing CSR legal framework. Also, to know the present rank of Indian companies, states in CSR activities and to study what problems in implementation of CSR in India have been observed in recent years. The entire data for this research has been obtained from secondary data. This information is presented in a simple table and classification. From the findings of the study, it is known that most of the Indian companies are still not registered on the portal of CSR, and the number of companies has been decreasing in recent years which is a matter of concern for India. Identified development areas of corporate social responsibility and disparity in spending by states were also observed and other challenges are studied in this paper. Government and key stakeholders have to play an active role to overcome this problem. KEY WORDS: Corporate Social Responsibility (CSR), Company, Sustainable Development, Stakeholders

Communicative rationality and the evolution of business ethics: corporate social responsibility and stockowner–employee partnership–An empirical case study in Republic of Korea1

Communicative rationality and justice, the main objectives of Habermas’ reconstruction of critical social theory, can be defined as the fair distribution of opportunities to speak, the inclusive participation of social actors, the accessibility of topics without restriction, the willingness to not only speak but listen, two-way vibrant interaction, self-transformation via learning from others, and reaching voluntary agreements over common goals and values. The concept of communicative reciprocity is essential here. Those equipped with the norm of reciprocity can better comprehend diversities and complexities, as well as the conflict-ridden aspects of social life, and thus can develop a stronger capacity of nurturing sensitivity to live in harmony with other people. This paper attempts to apply the concept of communicative rationality and reciprocity to the areas of business ethics in order to explore the significance of Corporate Social Responsibility (CSR) and Ecological and Social Governance (ESG) as innovations in corporate governance. In addition, this paper will draw special attention to Stockowner–Employee (SOE) partnership as a new experiment of business ethics in Republic of Korea. By doing so, this paper aims to grasp the attributes of those who are more capable than others of understanding the norms and practices of CSR within an economic enterprise, with the view that reciprocal sympathy can serve as a communicative basis for what we might call responsible capitalist culture. The main arguments this paper makes are: (1) the recent change in the value orientations of shareholders in support for CSR and ESG can be interpreted as an expression of communicative reciprocity and justice; and (2) the transformation of business ethics in the direction of CSR and ESG means that classical liberalism has begun to turn to a “responsible” liberalism. Survey data collected from a Korean company will be analyzed to show how the norm of reciprocity is reflected in the relationship between corporations and society on the one hand and between shareholders and employees on the other.

How Political Actors Co‐Construct CSR and its Effect on Firms' Political Access: A Discursive Institutionalist View

AbstractThis paper explores how corporate social responsibility (CSR) can incentivize political actors to increase firms' political access. Taking a discursive institutional perspective, I argue that the types of access negotiated depend on how political actors co‐construct the multiplicity of CSR meanings. To study this process, I focus on the empirical case of the European Union (EU), offering a novel analysis of event observations, policy documents, and interviews with Commission officials, Euro‐parliamentarians, and other stakeholders. I find that the value of CSR is highly contested in the EU political arena. I then elucidate four discursive strategies through which political actors interactively refined, reframed, and reinterpreted the meaning of CSR and its relevance for firm access in ways beneficial to their perceived interests. The findings highlight the importance for nonmarket strategy studies to conceptualize CSR as a co‐constructed idea and access as negotiated, putting the micro‐dynamic relationship between firms and political actors centre stage.

A conceptual model for understanding the relationships between sport stakeholder and authentic CSR

ABSTRACT Sport organizations employ corporate social responsibility (CSR) initiatives to stimulate support for their products orservices to capitalize on strategic approaches to enhance their business and social outcomes. Research question: Although themajority of previous studies in sport management have focused on the factors that lead professional sport organizations (PSOs) toengage in CSR activities and outcomes, little is known about the authenticity of the initiatives. Research Method: Building onstakeholder theory, this study puts forward a conceptual framework that considers perceived authentic CSR as a dynamic process thatrelies on effective communication between the sport organization and target stakeholders. As such, the framework specifies fourfundamental components – anticipating, planning, implementing, and evaluation – that jointly influence perceived authentic CSR in thePSOs context. Results and Findings: Thus, the proposed framework updates and extends the meaning of authentic CSR in the sportcontext, which, in turn, can influence social outcomes.

Understand corporate social responsibility from an agenda setting perspective: a cross-national analysis of newspaper using computer-assisted content analysis

PurposeThis study aims to explore multifaceted corporate social responsibility (CSR) covered in popular English newspapers in the UK, USA, mainland China and Hong Kong from 2000 to 2016 via a computer-assisted analytical approach. This study moves the understanding of CSR away from corporate self-reporting to the mass media and raises interesting questions about the role of the news media in presenting CSR as a multifaceted, socially constructed concept.Design/methodology/approachData were retrieved from CSR-related news articles from 2000 to 2016 that were archived in the LexisNexis database. Guided by the theoretical framework of agenda setting, a computer-assisted content analysis (Latent Dirichlet Allocation) was used to analyze 4,487 CSR-related articles from both business and non-business news sources. Analysis of variance was used to compare salient CSR topics in each country/region.FindingsThis study identifies newspapers as an alternate to corporations’ attempts to distribute CSR information and construct CSR meaning. The findings revealed that the news communicates a variety of CSR issues that are aligned or beyond what CSR was defined in corporate CSR reporting, as suggested in previous studies. In addition, CSR news coverages differ between the business and nonbusiness news sources. Furthermore, the media tone of CSR coverage significantly differed across the regions and between the business and nonbusiness newspapers.Social implicationsEmerging topics in CSR news coverage, such as business education, could help companies identify untapped CSR realms in the market.Originality/valueThis study contributes to CSR communication research by adding a non-corporate perspective regarding what CSR means and should be focused on. The news media presents CSR using a heterogeneous approach as they not only provide surface reports on corporations’ CSR activities but also offer in-depth discussions.

Philanthropy and the Contribution of Andrew Carnegie to Corporate Social Responsibility

The idea of corporate social responsibility (CSR) has attracted the interests of both practitioners and scientists, particularly since 1953, when H. R. Bowen published The Social Responsibilities of the Businessman. Over the years, the CSR concept evolved and became a managerial phenomenon; it was applied to different sectors with supposedly excellent effects. Unfortunately, there was discourse around the meaning of CSR. In the world of science, there is no agreement as to the semantic area of CSR. Academics face absolute, undisturbed freedom in the formulation of its elements and definitions. That abovementioned ambiguity determined the situation the recent CSR literature is vague and biased, and an extensive analysis of the latest contributions are lacking. To address this gap, there has been proposed a systematic literature review and bibliometrics of 119 articles published in 45 peer-reviewed, high-quality academic journals and 19 books, from January 1950 to July 2020. There are three objectives of this paper: to analyze the recent CSR definitions in the context of Carnegie’s principles, to identify trends in that field and evaluate the utility of the scientific efforts in the abovementioned context, and to indicate the future research paths in the context of corporate social responsibility.

Is a CSR Policy an Equally Effective Vaccine Against Workplace Mobbing and Psychosocial Stressors?

In this study, the problem question was raised whether corporate social responsibility (CSR) is/can be an effective tool against workplace mobbing and psychosocial stressors in organizations. Therefore, the purpose of the study is to determine the prevalence of workplace mobbing in Lithuanian and Polish organizations in order to compare in which organizations the manifestation of the phenomenon is the strongest and analyzing psychosocial stressors in parallel. To achieve the purpose, 823 employees of three types of organizations were surveyed. The respondents belonged to organizations that implement the principles of corporate social responsibility, organizations that intend to become socially responsible and organizations that do not implement corporate social responsibility and do not seek to become socially responsible. The empirical study was conducted using the questionnaire “Mobbing as a Psychosocial Stressor in the Organizations Accessing and Implementing Corporate Social Responsibility—MOB-CSR”. This questionnaire is valid and reliable; the correlation relationships between subscales show interconnectedness and statistically reliable relationships. The research results were calculated using the chi-squared test and the linear regression model. Statistically reliable relationships were found between the prevalence of workplace mobbing, psychosocial work stressors and corporate social responsibility. The results of the study show that along with the weakening of variables of corporate social responsibility, the probability of workplace mobbing is increasing but CSR in itself does not ensure the prevention of workplace mobbing in the case of Lithuanian and Polish organizations. If the findings of the study are considered by the managers of organizations, this can affect both employees’ quality of life towards improvement and more transparent/purposeful implementation of corporate social responsibility, i.e., responding to the true meaning of CSR.

Altruistic Value Reflection Company Policy and Strategy: Finding Local Wisdom and the Meaning of CSR

This research focuses on exploring the values in company activities that can be justified as a form or model for implementing corporate social responsibility (CSR). Data collection was carried out through interviews, field observations, and literature studies. While data analysis was carried out using an ethnomethodological approach. This study indicates that incorporating business practices, through the organizational structure model and several CSR strategies and policies reflect the existence of altruistic values , which are a form or model of CSR implementation. This can be seen in an organizational structure with the Town Service Department, External Relations Department, and Environmental, Health, and Safety Department (EHS). Activities and corporate culture that have a holistic dimension are guided by a vision, concern, jointness (in responding to and overcoming problems), and always learning and taking advantage of every accident. The results of this study indicate a meeting point between business interests and socio-environmental interests. There is a process of transforming knowledge of the company's sand culture on the behavior and way of thinking of the company's people.

Chinese perceptions of corporate social responsibility: an analysis of annual reports in the housing sector (Chinese perceptions of corporate social responsibility)

Corporate social responsibility (CSR) has been widely accepted as essential for sustainable development and, with the occurrence of such disasters as food quality scandals and building collapses, its importance has been increasingly recognised in China over the past decade. At the same time, despite property development being frequently linked in the mass media with unaffordable housing prices, bribery, and poor construction quality, many large developers have instituted programmes to improve their CSR presence. However, the perceptions of property development organisations of what CSR means to them are as yet unclear. The aim of this paper, therefore, is to better understand the way CSR is seemingly perceived by property developers in China. This is undertaken by analysing CSR disclosure and prioritising information from CSR corporate reports by developers in the housing sector. Three attributes of CSR disclosure information type, responsibility type, and stakeholder type are used to construct an analytical framework for testing of 44 published company reports by content analysis. The findings indicate a greater emphasis on management approaches and ethical responsibilities than commercial goals, with industry and ownership differences pointing to the need to be recognised by the public and future decision-makers.

The Meaning of Corporate Social Responsibility (CSR): A Phenomenological Study in PT. Sejahtera Usaha Bersama Jombang

This study aims to uncover the meaning of Corporate Social Responsibility (CSR) from the point of view of the management of PT. UB in-depth and comprehensively. The concept of CSR contained in the UUPM and UUPT will be seen in PT. Sejahtera Usaha Bersama Jombang, as a private company that is engaged in industry, especially plywood. This research uses Husserl's data analysis techniques, with epoche stages, phenomenological reduction, imagination variations, synthesis of meaning, and essence. Data collection in this study uses the method of observation, interviews, and documentation. The results found two perspectives on the meaning of CSR at PT. SUB Jombang. First, CSR is defined as an obligation that is in the form of compliance with regulations. Second, CSR is interpreted as awareness, that is the awareness of the company growing and developing in the midst of the community environment, and CSR as a charity and almsgiving.

Assessing the Application of Corporate Social Responsibility in Egyptian Travel Agencies

The concept of social responsibility emerged to promote a more socially responsible, moral and ethical model of marketing and management. It is an approach that adopts a holistic, integrated view of marketing, considering social equity, environmental protection and economic livability (Maclaran and Parsons, 2009). Companies are aware that sustainable business success and shareholder value cannot be achieved solely through maximizing short-term profits, but instead through market-oriented responsible behavior. In this context, an increasing number of tourism companies have accepted a culture of corporate social responsibility. Tourism has a significant environmental, social and human impact. So it is hardly surprising that the concept of corporate social responsibility (CSR) should have been to bear, especially in the context of responsible and sustainable tourism (Brown and Hall, 2006). Corporate social responsibility aims at recognizing and responding to evolving forms of accountability between the organization and its stakeholders (employees, customers, government, business partners, and local communities). The past few years have seen a steady growth in the claims of adopting the principles of CSR as a new approach which has led to the creation of many initiatives to address concerns such as environmental conservation, social issues - such as poverty reduction and local and community economic development ……etc- and companies' responsibilities towards their employees. Promoting growth that respects culture and environment and supports the well-being of local communities is a crucial issue for the evolution of modern tourism. This requires the increase of awareness and the adoption of responsibility behavior by tourism businesses. Although there are opportunities as well as challenges to adopt CSR strategies in tourism business scale, there is a lack of awareness in Egyptian travel agencies of the meaning, principles, importance, requirements and activities of its applications. Thus, there is a need for tourism industry to be more aware of the meaning of CSR, its principles, benefits and its requirements to move the agenda forward (Momtaz, 2008). This research aims to; 1- Highlight the importance of the application of corporate social responsibility in the tourism sector. 2- Identify the practices of CSR in tourism companies.3- Determine and analyze obstacles for the application of CSR in the Egyptian tourism sector 4-Assess the application of CSR in tourism companies to set recommendations to fulfill the effective application to CSR.5- Provide suggestions for a successful implementation of CSR in Egyptian travel agencies. It is concluded that although most tourists make purchasing decisions based on such factors as price, weather, type and range of facilities and quality, more and more tourists are also concerned about the ethics of travel and more likely to book a holiday with a company that has a written code guaranteeing good working conditions, protection of the environment and support of local charities in the tourist destination. The lack of CSR awareness, the absence of governmental support to adopt CSR programs, the lack of the budget that is needed for its activities, rare of experts in CSR field and the disbelief of the management in CSR importance and benefits were considered to be barriers that affect CSR engagement in tourism companies.Field study indicated that Egyptian travel agencies tend to take some form of corporate social applications but they are not familiar with the real meaning of this term and its practices

An International Perspective on Corporate Social Responsibility and its Role in Community Development

Corporate social responsibility (CSR) refers to strategies corporations or firms conduct their business in a way that is ethical, society friendly and beneficial to community in terms of development. This article analyses the meaning of CSR based on some theories available in literature. It is argued that three theories namely utilitarian, managerial and relational theories of CSR supported by works of other scholars in the area could be used to suggest that CSR becomes an international concern due to globalized nature of business that knows no border. CSR is evolving in its meaning and practice. The article then discusses the role of CSR in community development because the very logic of CSR is towards seeing its impact in community socially, environmentally and economically. Competencies required by CSR managers are also analysed in order to have a better understanding of the practical aspects of CSR. Finally, conclusions and implications for future research are discussed.

Роль комунікаційного інструментарію стратегії корпоративної соціальної відповідальності для розбудови ефективного діалогу зі стейкхолдерами

Communication on Corporate Social Responsibility (CSR) can be based on unilateral communication, in which stakeholders are “passive listeners”. However, more effective is a bilateral interaction that engages stakeholders in the communication process while developing and implementing a CSR strategy, enabling establishment of the dialogue. That is why the objective of the study is to reasonably expose the impact of the communication toolkit of implementing the CSR strategy on establishing dialogue with stakeholders. The author develops an algorithm for organizing a stakeholder communication process that takes into account communication barriers at each stage: creation, encoding, transmission, receiving, decoding and responding. The internally-oriented, externally-oriented and universal communication tools of CSR strategy implementation are characterized. The functions of the communication toolkit of CSR strategy implementation are systematized: informational, contact, educational, interpretative, emotional, holistic, mobilizing, strategic, preventive. The author compared CSR communication strategies (one-sided, two-way asymmetric and two-way symmetric) according to the following criteria: the achievement of communication ideal: transfer and joint creation of CSR meaning, stakeholder needs, the role of stakeholder, method of determining CSR priorities, strategic goals for establishing communications, third-party approval of the CSR strategy. Much attention is paid to specifying forms of indirect and direct communication, as well as to the analysis of their relevance to the main CSR communication strategies. It is established that the identification of stakeholders is an important part of CSR communication, which is why the author summarizes main forms and the result of interaction with them. It is justified that effective interaction with stakeholders holds a dialogue capable of identifying existing problems and jointly formulating ways to solve them.

CSR in EU Law: How Close to EU Fundamental Rights and Social Justice?

This paper analyses what corp orate social responsibility (CSR) means in the European Union law context. It inquires whether this notion is similar to other already established legal concepts in EU law, and if so to what extent. This paper starts with an introduction to the European Union’s policy approach towards corporate social responsibility and compares the one from 1998 with the most recent one. This evolution shows the EU’s realization of the globally recognized shift of corporate values and the importance of CSR for the EU Internal Market. Aside of the corporate social responsibility notion, the EU has developed its own concepts emanating from the general principles and fundamental rights and values of EU law interpreted by the Court of Justice of the European Union. Furthermore, in the wake of the codification endeavour of the European contract law, the term of social justice has been established and often referred to in the context of contract and private law. Thus, it is the aim of this article to analyse the content and meaning of these terms as well as their proximity. It is the argument of this paper that these terms represent synonyms for one another, and as such could be used interchangeably. Such finding is extremely relevant given the recent frequent use of CSR contractual provisions. The real understanding of the meaning of CSR is necessary for future interpretation and application of CSR contractual clauses within the European Union and possibly outside, if parallels can be drawn. Ultimately, this article suggests direct applicability of the existing Court of Justice of the European Union’s case law on fundamental rights and social justice for future cases with a CSR aspect.

Impact of Corporate Social Responsibility on Value Creation from a Stakeholder Perspective

In recent years, we have witnessed how companies and institutions have devoted significant effort to developing Corporate Social Responsibility (CSR) policies, basing their decision on the improvement in company results and the subsequent benefits for shareholders and other stakeholders. CSR means that managers must go beyond the mere satisfaction of the shareholders and take steps to establish balanced relations with all their stakeholders. The principles behind the CSR approach empower stakeholder governance. To test whether CSR policy constitutes a factor in value creation for shareholders and certain stakeholders such as employees, creditors and the State, we conducted an explanatory study, using a Correlated Random Effects approach, which compares the socially responsible companies included in the Spanish sustainability index, FTSE4Good Ibex, with the companies listed on the other indices of the IBEX family. On the one hand, the data show that sustainability reporting is well established in large companies in Spain but that it needs to be introduced more extensively in small and medium-sized enterprises. On the other hand, the findings point out that CSR has a positive and significant influence on the distribution of value in favor of the State, a negative influence for employees and no influence on other stakeholders.

Uncovering CSR meaning networks: A cross-national comparison of Turkey and Slovenia

This study addressed an important question about the meaning of corporate social responsibility (CSR), and how it is measured. Based on a comparison of the meaning networks of CSR in two countries with fundamentally different cultural and socioeconomic backgrounds, we argue that there is a need for an institutional perspective when studying CSR associations and expectations in a particular society. Thus empirical study involved the use of three methods the word-association technique, social network analysis, and blockmodeling using Pajek software; to provide deep insight into the structure of CSR associations. The findings suggest that the two societies have diverse collective cognitive structures regarding CSR. In Turkey, the philanthropic understanding of CSR is highly dominant, while the Slovenian social meaning of CSR is multidimensional. The findings point to the social construction of the concept of CSR with implications both for academic research and practice.

Responsibility is more than accountability: from regulatory towards negotiated governance

ABSTRACTThis paper critically assesses the notion of responsibility and argues that by adopting a broader understanding as going beyond accountability will shift our focus from regulatory to negotiated governance. Negotiated governance emphasizes the origin of rules and regulations and their contestation over the focus on compliance and enforcement. In order to elaborate this argument, I use the case of corporate social responsibility (CSR). The paper takes departure in the governance literature. Reviewing that scholarship, I develop a typology of responsibility to first substantiate the paper's claim that responsibility is more than accountability. In a second step, I derive a taxonomy of CSR practices that are loosely associated with different meanings of responsibility. The taxonomy highlights two specific problems that the literature focusing on accountability leaves unanswered, these are the moral underpinnings of CSR and how companies take on moral agency and come to prioritize and justify their choices and the expectational context in which that happens, that is the respective community of responsibility. Taking ‘responsibility’ in the meaning of the word seriously as a normative and relational concept shifts our attention to the contested nature of what CSR means and the way how it is negotiated in such communities.

WHERE DOES CORPORATE SOCIAL RESPONSIBILITY STAND IN RELATION TO SUSTAINABILITY?

The business competitive landscape of today is shaped by new challenges. In order to outperform their peers, companies seek to seize opportunities and manage the risks associated with the challenges that arise. To this adds the pressure of societies on organizations to be more transparent, ethical and responsible. Corporate Social Responsibility (CSR) and sustainability come in response to this increasing demand of societies by being a pivotal tool in the business area. Organizations of the 21st century can no longer ignore CSR and sustainability and should follow the steps of integrating them across all departments as part of their strategic policy. Sustainable organizations are required to direct their interest beyond the economical factor and extend their goals towards environmental and social aspects. By integrating environmental and social concerns in the daily operations of a company, new models of doing business emerge and a synergy with various stakeholder groups takes place. Although a significant amount of attention has been headed towards the conceptualisation of CSR and sustainability, they both remain contested concepts. Therefore, the present paper depicts the effort to follow the emergence and conceptualization of CSR and sustainability from their origins, to introduce the changing meaning of CSR and to bridge the gap between the two concepts. Through literature review, the paper will provide relevant theoretical underpinnings that link CSR and sustainability.

Non Sibi, Sed Omnibus: Influence of Supplier Collective Behaviour on Corporate Social Responsibility in the Bangladeshi Apparel Supply Chain

Local supplier corporate social responsibility (CSR) in developing countries represents a powerful tool to improve labour conditions. This paper pursues an inter-organizational network approach to the global value chain (GVC) literature to understand the influence of suppliers’ collective behaviour on their CSR engagement. This exploratory study of 30 export-oriented and first-tier apparel suppliers in Bangladesh, a developing country, makes three relevant contributions to GVC scholarship. First, we show that suppliers are interlinked in a horizontal network that restricts unilateral CSR engagement. This is justified in that unilateral CSR engagement is a source of heterogeneity in labour practices; consequently, it triggers worker unrest. Second, we present and discuss an exploratory framework based on four scenarios of how suppliers currently engage in CSR given their network’s pressure toward collective behaviour: unofficial CSR engagement, geographic isolation, size and competitive differentiation, and external pressure. Finally, we show the need to spread CSR homogeneously among suppliers and to reconceptualize the meaning of CSR in developing countries, encouraging more scrutiny toward horizontal dynamics.