Corporate Social Responsibility Research Articles

A DRAMATURGICAL REPORTING OF CORPORATE SOCIAL RESPONSIBILITY

A DRAMATURGICAL REPORTING OF CORPORATE SOCIAL RESPONSIBILITY

Exploring the Effects of Integrated Corporate Social Responsibility on the Financial Performance of Project-Oriented Organisations

This article embarks on an in-depth exploration of how corporate social responsibility (hereafter: CSR) shapes the financial performance (hereafter: FP) of Project-Oriented Organizations (hereafter: POOs) within Morocco's dynamic construction sector. By adopting a diligent quantitative research method, this research meticulously examined a diverse sample of 250 organizations through advanced correlation and multivariate linear regression techniques. The results illuminate a compelling and noteworthy favourable relationship between CSR initiatives and the FP, indicating that ethical business practices profoundly enhance economic outcomes. By focusing on the distinctive Moroccan landscape, the article sheds light on the remarkable challenges and opportunities faced by POOs, showing an understanding of the financial benefits of CSR. Acknowledging its limitations, the study suggests avenues for future research and perspectives founded on HSDG wisdom. It advocates the HESG framework by integrating a human-centric approach to encourage healthy, equitable and sustainable societal evolution. The study provides actionable recommendations for policymakers, business leaders, and scholars aiming at promoting sustainable economic growth and long-term societal well-being.

Government Digital Communication Model in Corporate Social Responsibility Programs (Study in Gunung Kidul, Yogyakarta-Indonesia)

Government Digital Communication Model in Corporate Social Responsibility Programs (Study in Gunung Kidul, Yogyakarta-Indonesia)

The Strength Within: CSR Governance as an Environmental Performance Driver in Weak Institutional Contexts

This study investigates how the relationship between firm-level corporate social responsibility (CSR) governance and corporate environmental performance (CEP) varies across diverse national contexts. Drawing on institutional theory, organizational adaptation theory, and the concept of institutional voids, we analyze an extensive dataset of 5326 firms from 26 OECD countries over a seven-year period (2013–2019). Employing panel data analysis, we examine the moderating effects of country-level factors on the CSR governance–CEP relationship. Our findings reveal a significant positive association between a firm’s CSR governance quality and environmental performance, which is notably stronger in countries characterized by weaker environmental governance, less prominent societal environmental values, and fewer climate mitigation laws and policies. These results suggest that firms with strong CSR governance effectively fill institutional voids in environmental governance, going beyond mere compliance to drive environmental performance improvements where external pressures are weak. Our study contributes to the literature by advancing the current understanding of the contextual nature of CSR, extending the application of institutional void theory to environmental governance landscapes in developed economies, and providing a more nuanced perspective on when and where CSR governance matters most for environmental outcomes. These insights offer valuable implications for managers in diverse institutional contexts and for policymakers seeking to enhance corporate environmental performance through complementary governance mechanisms.

The Evolution and Implications of CSR in Indonesian Tobacco Companies: A Bibliometric Analysis Based on Business Law Theory

Corporate Social Responsibility (CSR) is part of a company's responsibility in ensuring the welfare of the surrounding community. Even so, CSR from the cigarette industry contains many dilemmas both from the social, health and legal aspects that cover it. This research aims to determine research trends regarding the CSR paradigm from the cigarette industry as well as the business law perspective that is the legal basis. The method used is bibliometric analysis using the R Studio and Biblioshiny applications. The main database used is scopus.com from the year 1992-2024. The results found 36 publications that studied the CSR theme of the cigarette industry. The main focus of the study is still within the scope of the dynamics of the tobacco industry and the human and health side of the industry. There are only 9 articles that discuss CSR in the cigarette industry and 7 articles that discuss the legal ethics of implementing CSR in the cigarette industry. Not only has a study been conducted on the business legal side of CSR in the cigarette industry. This is a huge opportunity for future researchers to conduct a more comprehensive study in order to get a complete view of the legal aspects in implementing CSR in the cigarette industry both in Indonesia and in the world.

Financial regulation and corporate social responsibility: Evidence from China

Corporate social responsibility (CSR) is a crucial force driving sustainable economic development. Against the backdrop of China's market transformation, scientifically studying CSR from the perspective of the capital market is crucial for promoting high-quality economic development. We investigate the impact of financial regulation on CSR through the difference-in-differences method. We discover that financial regulation significantly improves CSR. We further uncover that the mechanisms of reduced corporate financial assets and managerial myopia explain the increase in CSR, and analyze the heterogeneous effects on firms with different characteristics.

Implementasi Corporate Social Responsibility (CSR) melalui Program Pemberdayaan Usaha Mikro Kecil Menengah (UMKM) berbasis Komunitas (Studi pada PT Pertamina Patra Niaga Fuel Terminal Rewulu)

Corporate Social Responsibility (CSR) is a form of company responsibility for the quality of life of the community and the environment for its business operations. Corporate Social Responsibility (CSR) can be carried out in various ways, one of them is business assistance to Micro, Small and Medium Enterprises in the communities around the company. This research aims to determine the implementation of Corporate Social Responsibility (CSR) of PT Pertamina Patra Niaga Fuel Terminal Rewulu through empowering Micro, Small and Medium Enterprises. This research uses qualitative methods and descriptive analysis. The results show that PT Pertamina Patra Niaga Fuel Terminal Rewulu fosters Micro, Small and Medium Enterprises belonging to 3 communities with several stages, namely 1) Focus Group Discussion; 2) Implementation of the Mentoring Program; 3) Monitoring and Evaluation; and 4) Participation in Exhibitions.

A Study of Sustainable HR Practices in Banking Sector in Hyderabad City

The study explores the adoption and impact of sustainable Human Resource (HR) practices in the banking sector in Hyderabad City. With sustainability becoming increasingly important in corporate strategies, this research aims to assess how banks in Hyderabad are integrating sustainable HR practices into their operations. A sample of 20 banks was selected, and data was collected from 100 employees across various levels and departments. The study focuses on key aspects such as recruitment, training and development, employee well-being, environmental responsibility, and corporate social responsibility (CSR). The findings reveal that while many banks have initiated steps toward sustainable HR practices, there is significant variation in the depth and effectiveness of these practices across different institutions. Key challenges include a lack of comprehensive policies, limited employee engagement, and the need for more robust training programs. The study concludes that while the banking sector in Hyderabad is moving toward sustainability, there is a need for more consistent and integrated approaches to fully realize the benefits of sustainable HR practices. Recommendations include enhancing employee awareness, developing clear sustainability goals, and fostering a culture of continuous improvement in HR practices to support long-term sustainability in the banking sector.

Actor engagement in franchising: A social exchange perspective on CSR performance

This empirical study investigates actor engagement in a franchising context. Utilizing a social exchange perspective, we consider the impact of a franchisee's disposition to engage on their outlet's corporate social responsibility (CSR) performance. We also explore how a brand's local community engagement acts as a mediator and how an outlet's location-based relational interdependence serves as a moderator. Our analysis uses an eight-year panel dataset encompassing 911 outlets from a large franchise network in the restaurant sector. We provide evidence that a franchisee's greater disposition to engage positively impacts CSR performance, as measured by donations received. We find that the relationship between franchisee disposition to engage and CSR performance is mediated by the brand's local community engagement, which is amplified by higher levels of relational interdependence. We discuss the implications of these findings, underscoring the importance of thoughtfully designing and implementing franchise systems to foster actor engagement and ultimately enhance CSR performance.

Efficient guide for american exporting companies: compliance and quality standards in Brazil

This article explores the importance of compliance and quality standards in Brazil, offering a strategic guide for American companies wishing to export to the Brazilian market. The methodology used is qualitative with bibliographic analysis in a database with Scielo, in addition to other renowned academic and legislative sources that can assist in understanding the topic. Thus, initially, the relevance of compliance for foreign companies is addressed, highlighting how it is essential to reduce legal risks and ensure competitiveness in a complex regulatory environment, and companies that adopt robust compliance policies not only avoid sanctions, but also increase their credibility in the market, and what's more, Brazilian quality standards are discussed, emphasizing harmonization with international standards. Thus, this convergence between local and global standards offers a significant advantage for American companies that already operate with globally recognized standards, facilitating entry into the Brazilian market. The article also examines specific regulatory challenges in Brazil, such as bureaucracy and certification processes, which can be obstacles to international trade. Understanding these barriers is essential so that American companies can adapt to local requirements effectively and efficiently. avoiding delays or complications, sustainability and corporate social responsibility (CSR) are also discussed, highlighting that, in the Brazilian context, sustainable practices are increasingly valued by both the government and consumers. Companies that integrate sustainability and CSR into their operations find new opportunities and strengthen their image before the public and regulators.

The impact of corporate social responsibility on the financial performance of Georgian banks

The impact of corporate social responsibility on the financial performance of Georgian banks

Sustainability Beyond Profits: Assessing the Impact of Corporate Social Responsibility on Strategic Business Performance in Hospitality Small and Medium Enterprises

Sustainability Beyond Profits: Assessing the Impact of Corporate Social Responsibility on Strategic Business Performance in Hospitality Small and Medium Enterprises

Unlocking the power of internal audit function (IAF) and corporate social responsibility (CSR): enhancing integrated reporting quality in Malaysian companies

Purpose This study aims to seek to answer concerns about the sufficiency of traditional corporate reporting by examining the influence of the internal audit function’s (IAF) qualities on integrated reporting quality (IRQ) and the moderating effect of corporate social responsibility committee’s (CSRC). Even though integrated reporting (IR) is becoming more significant, nothing is known about the function of IAF in this setting. Design/methodology/approach This study uses ordinary least squares regressions, integrating two-way cluster-robust standard errors (clustered by firm and year), to examine the association between the quality IAF and IRQ, as well as the moderating influence of CSRC, for companies listed in Malaysia spanning the period from 2017 to 2020. Findings Analysing data from Malaysian-listed firms (2017–2020), findings show that increased IAF investments are associated with lower IRQ, particularly in the presence of a CSRC. However, firms with in-house show a positive association with higher IRQ, which is amplified by a CSRC. This suggests a complementary relationship between CSRC and in-house IAF, potentially guiding regulatory practices regarding CSR or sustainability committees. Thus, the presence of CSRC signifies the organization’s dedication to the advancement of sustainable development principles. Originality/value This study’s implications include promoting stronger internal mechanisms such as IAFs and CSRCs, which will ultimately improve IRQ. This research contributes to understanding the combined impact of IAF and CSRC on reporting quality by focusing on them as key governance components influencing both financial and non-financial reporting. As a result, regulators and practitioners can gain insights to improve IR efficacy and stakeholder decision-making.

Sustainability and beyond: decoding the influences of corporate social responsibility on employer brand attractiveness

Sustainability and beyond: decoding the influences of corporate social responsibility on employer brand attractiveness

Digital transformation and corporate social responsibility engagement: Evidence from China

This study explores the impact of digital transformation (DT) on corporate social responsibility engagement (CSR) in Chinese manufacturing firms by using a staggered difference-in-differences model. The results indicate that CSR engagement significantly improves after DT, primarily affecting shareholder and social responsibility. Internal dynamics, such as decreased information asymmetry and irrational decision-making, and external pressures to gain media and analyst attention, are critical pathways through which DT promotes CSR engagement. The promotion of CSR engagement through DT is influenced by both corporate-level factors (pre-information base and internal control quality) and regional-level factors (digital economic environment and government regulation intensity). Additionally, investors can effectively identify DT to enhance CSR engagement, leading to a positive market response. This study provides new empirical insights for firms seeking to promote digital technology in stakeholder management and internal governance and has significant theoretical and practical implications for CSR engagement in the digital era.

Impact of Corporate Governance on Firm Performance: The Moderating Role of Corporate Social Responsibility

Impact of Corporate Governance on Firm Performance: The Moderating Role of Corporate Social Responsibility

CSR AND FIRM FINANCIAL PERFORMANCE: MODERATING EFFECT OF OWNERSHIP CONCENTRATION IN THE FRENCH CONTEXT

This study investigated the relationship between Corporate Social Responsibility (CSR) and Financial Performance (FP) and the moderating role of corporate governance. In particular, this paper aims to empirically examine the impact of ownership concentration on the relationship between CSR and financial performance. This study was based on a sample of 200 firms over 2010 /2021. The direct and moderating effects were tested by using multiple regression techniques. The empirical findings indicated that companies with higher levels of CSR reporting invested more effectively than companies with lower CSR reporting levels. The empirical analysis suggested two main findings: CSR has a significant effect on financial performance and this relationship depends on ownership concentration. This research presents new evidence that improves the discussion around CSR involvement and financial performance in French firms. Then, this research shows that ownership concentration positively moderates the impact of CSR on corporate financial performance.

Corporate Social Responsibility and Media Visibility —Brazilian Companies’ Donations during the COVID-19 Pandemic

Recent behavioral finance studies have focused on understanding how online investors react to corporate giving announcements. This research analyzed Google Trends search indexes during the first two years of the COVID-19 pandemic for companies that made donations and also examined the variation in their financial returns. The study aimed to determine whether donor companies experienced greater growth in media visibility during the pandemic compared to non-donor companies. Using a sample of 289 organizations listed on the Brazilian Stock Exchange and employing the “differences in differences” method, the study found no statistical significance when the pandemic effect was applied, leaving the hypothesis on visibility inconclusive. However, favorable results were observed without the pandemic effect, consistent with studies demonstrating a link between social actions and positive consumer responses. As a result, Google Trends proved to be a valid predictor of Brazilian financial data, with the behavior of marketing variables in relation to search trends reinforcing ongoing research on the tool’s potential to gauge public sentiment and market fluctuations.

Woman on board, corporate social responsibility and financial performance: new evidence from China

There are mixed findings on the impact of women directors on board (WOB) on corporate financial performance (CFP). To reconcile these mixed findings, we propose that WOB could influence CFP in the following two ways. On the one hand, WOB could enhance CFP by leading more CSR activities. On the other hand, WOB may weaken the CSR-CFP relationship due to expectations on their role-playing. These two effects go in opposite directions, and their relative strength determines the WOB-CFP relationship. Using Chinese listed firms from 2011 to 2020 as samples, the results lend strong support to these two effects. And WOB will have a positive effect on CFP only if its moderating effect on the CSR-CFP relationship has been controlled for. Additional tests show that neither critical mass nor qualification of women directors matters in explaining variations of CFP in Chinese firms. The contributions and limitations are discussed at the end of this study.

Do CSR practices affect perceived market performance through compliance status? Evidence from a quasi-natural experiment in India

PurposeThe study examines the impact of corporate social responsibility (CSR) non-compliance on firm value. It also investigates the moderating roles of ownership concentration and research and development (R&D) intensity in this relationship.Design/methodology/approachFor hypothesis testing, the authors utilized panel data regression models on a dataset comprising 13,760 firm-years listed on the Bombay Stock Exchange, covering a period of nine years following the legislation (from March 2015 to March 2023).FindingsOur findings reveal a detrimental effect of mandatory CSR spending on the value of non-compliance firms, consistent with the notion of deterrence theory. Further, we find that the negative impact is more pronounced among widely-held firms compared to closely-held firms, aligning with shareholder activism and information asymmetry theory. Our subsequent tests indicate that R&D intensity mitigates the negative impact, indicating a substitution relationship between CSR and R&D expenditure. Consistent with this finding, we find a lesser negative impact of CSR non-compliance on firm value of widely-held R&D intensified firms. Our findings are robust to the problem of endogeneity and self-selection bias.Practical implicationsOur findings highlight practical implications for managers regarding performance management. Managers should recognize that mandatory CSR spending can negatively impact performance, especially in widely-held firms, leading to shareholder dissatisfaction. To mitigate these effects, increasing R&D investment is likely to buffer against the adverse impacts of CSR mandates. Firm managers should align R&D efforts with CSR obligations to counterbalance costs and manage shareholder expectations, thereby maintaining performance and enhancing the perception of innovation among stakeholders.Originality/valueIt is the first study to consider the degree of compliance within firms while examining the impact of mandatory CSR spending on firm value. Also, the study is among pioneer attempts to investigate the moderating role of ownership structure and R&D intensity on the relationship.