Corporate Social Responsibility Philosophy Research Articles

일본 회사법상 CSR경영원칙 도입에 관한 논의

Corporate social responsibility (CSR) is a new way of looking at business activities. In recent year, consumers, stockholders and the broader civil society are more aware of harmful business practices and have come to exact high standards from corporations and to insist that goods be produced not only efficiently but also ethically. Positive attention of consumers and investors increases market opportunities and yields direct economic benefits. Moreover, the investments and core assets of a company, such as brand and image, are less likely to be tainted by revelations of unethical conduct if the corporation pursues a philosophy of CSR. In general, corporations strive to make profits and increase the value of their shareholders`` investments. The traditional view is that a corporation that meets this goal has a beneficial impact on the community where it is based by creating new jobs and by enhancing its economic welfare. However, there is a growing view among investment professionals that environmental, social and corporate governance (ESG) issues can affect the performance portfolios. Investors fulfilling their fiduciary duty therefore need to give appropriate consideration to these issues.

Corporate Social Responsibility: a philosophical approach from an ancient Indian perspective

In this paper, an attempt has been made to explore the philosophy of Corporate social responsibility (CSR) from an ancient Indian perspective. A review of literature in CSR shows that there are thousands of articles which have been written by several academics on this subject from numerous perspectives, but limited articles written about CSR from the philosophical, historical and from the ancient perspectives. As a result, this article not only fills the gap in the literature, but also provides insights on CSR philosophy from the ancient Indian perspective. In the Indian context, the origin of CSR can be traced from the Vedic literatures such as the Valmiki Ramayana, the Mahabharata (includes the Bhagavad-Gita) and the Puranas. These literatures were written more than 5,000 years ago in Sanskrit language. However, in this paper the authors will explore CSR philosophy from Kautilya's Arthasastra, which was also written in Sanskrit in the 4th century BC. This paper is based on hermeneutics, a qualitative research methodology which involves study, understanding and interpretation of ancient or classical text. By using the above methodology, the authors reveal some ancient lessons on CSR, which can provide guidance to corporate leaders today. In a nutshell, the Kautilya's Arthasastra provides an inside-out approach to CSR, which is development of the individual leader's self conscience, contrary to the western approach that takes an outside-in perspective. The leaders and the role they play in corporations are crucial in ensuring transparency, good conduct and governance towards the ultimate aim of achieving CSR.

Corporate Responsibility as Essential to Sustainable Tourism Yield

In parallel with the development by other social scientists of the philosophy of corporate social responsibility (CSR) and, relatedly, triple bottom line reporting, tourism researchers have been developing indicators of tourism yield. The notion of "sustainable yield" includes the dimensions of economic, social, and environmental yield. This article first discusses the link between these developments highlighting the results of the authors' attempts to develop financial, social, and environmental measures of tourism yield. It discusses these measures with regard to specific tourist markets. It also discusses the challenges faced in converting these independent measures into an overall measure or index of "sustainable yield" consistent with CSR reporting.