Evolution Of Corporate Social Responsibility Research Articles

The evolution of CSR reporting in the oil and gas industry and its future direction: A conceptual review

Corporate Social Responsibility (CSR) reporting has become increasingly important for industries worldwide, particularly in sectors with significant environmental and social impacts such as the oil and gas industry. This paper presents a conceptual review of the evolution of CSR reporting within the oil and gas sector, examining its historical development, current practices, and future directions. The evolution of CSR reporting in the oil and gas industry can be traced back to growing societal and stakeholder pressures for transparency and accountability. Initially, CSR reporting focused primarily on philanthropic activities and compliance with regulations. However, with mounting concerns over environmental degradation, climate change, and social justice issues, stakeholders demanded more comprehensive reporting practices. In response, oil and gas companies have adopted various frameworks and standards, such as the Global Reporting Initiative (GRI) and the United Nations Sustainable Development Goals (SDGs), to guide their CSR reporting efforts. These frameworks help companies disclose their environmental, social, and governance (ESG) performance in a systematic and comparable manner, enhancing accountability and facilitating stakeholder engagement. Looking ahead, the future direction of CSR reporting in the oil and gas industry is likely to be shaped by emerging trends such as increased emphasis on climate-related disclosures, integration of ESG factors into corporate strategy and decision-making, and the rise of digital technologies for data collection and reporting. Moreover, there is a growing recognition of the need for industry-wide collaboration and standardization to improve the credibility and effectiveness of CSR reporting. This conceptual review highlights the evolving landscape of CSR reporting in the oil and gas industry and underscores the importance of continuous improvement and innovation in meeting the evolving expectations of stakeholders and society.

Bioethics-CSR Divide

Bioethics-CSR Divide

Governing at a distance to change corporate social responsibility discourse: Navigating through institutions and actors

AbstractIn this paper, we demonstrate what influences the evolution of Corporate Social Responsibility (CSR) debates. Using the idea of ‘governing at a distance’ (Rose & Miller, 1992) from the Foucauldian governmentality perspective, we identify the mechanisms behind CSR's context‐based evolution. Examining 72 academic texts on CSR from the 1940s to the 2000s, we find that spatial political contexts and power interests shape CSR. We argue that CSR discourse is linked to governing systems and was part of a post‐WWII restructuring to support capitalism against communism in the global order. Our study reveals that academic journals and scholars introduced American CSR concepts to Turkish academia through strong ties to institutions like Harvard Business School and the Ford Foundation, influencing the emergence and change of CSR over time. Changes in CSR discourse are contextually embedded and politically laden with its emergence having a strong governmentality dimension for which academics (through their texts, academic acumen, and affiliated institutions) play a key role as intermediaries governing at a distance. While the critical perspective emphasizes the issues of coercion and contestations, our paper suggests the importance of cooperation and concerted efforts in shaping the global construction of CSR. We have demonstrated the nuanced interplay between the local and global governance of business and academic associations, challenging the perceived rigidity of their boundaries.

Implementation of corporate social responsibility in the context of integration with the enterprise management information system

Purpose. To develop recommendations for the corporate digital responsibility (CDR) strategy aimed at increasing the level of integration of corporate social responsibility (CSR) and information systems (IS) of the company. To develop a mathematical model of coordination decisions regarding CSR with production and business activities of companies. Methodology. The introduction of the methods of: logical generalization made it possible to define CDR adapted to Ukrainian realities; analysis and synthesis – to point out the need to integrate CSR with IS; comparative analysis – to determine directions, tasks, requirements for the implementation of CDR; logical abstraction – to substantiate the need to implement strategy for CDR implementation, develop its stages, tasks and goals of each stages; mathematical analysis – to develop mathematical model of coordination of management decisions. Findings. A definition of CDR, adapted to Ukrainian reality, which became the conceptual basis of the presented research, is proposed. The need for integration of CSR and IS and the formation of a new mechanism – CDR, as a result of the evolution of CSR, is substantiated. The directions, tasks, and requirements for the implementation of CDR are defined. The need to implement the strategy for the implementation of CDR are substantiated, its stages, tasks and goals of each stage are developed. It is indicated that the integration of CSR and IS can take place iteratively, with management gaining experience and finding optimal methods and tools. Originality. A mathematical model that allows one not only to coordinate various management decisions, but also to forecast their short-term and long-term results, is developed. Practical value. The proposed approach to CDR strategy formation will increase the effectiveness of CDR and improve the integration of CSR and IS. The developed mathematical model will allow one not only to solve the problem of coordination of management decisions, but will also help to economically spend IT resources and speed up the delivery of results.

The evolution of corporate social responsibility in China: Do political connection and ownership matter?

The rising CSR awareness globally has influence CSR development in China but unlike anywhere in the world, the central government is always the main driver of CSR here, making it a unique case study. Under this political state, this study examines how a firm's political connections and foreign ownership affects its CSR reporting. We study a long sample over 4 different stages of CSR development in China between 2006 and 2019 with panel regression analysis. Our results show that CSR reporting and participation have increased over the sample period, but firms with political connection and foreign ownership are associated with lower levels of CSR reporting. The findings contradict theories of political cost theory that fit well in other countries. We propose crony relationship to explain the phenomena of low CSR compliance in the political linked firms in China. We further study Xi Jinping (XJP) regime and find that CSR reporting in China improved significantly in this regime but XJP regime moderates the state and foreign owned firms differently. Under XJP government, crony relationship has reduced following improved CSR reporting in politically connected firms, but CSR score has declined in foreign owned firms, implying they have become more opportunistic in cutting business cost and seeking profit.

The Changing Landscape of Corporate Social Responsibility in India Pre & Post Covid- 19

All beings in the world are directly or indirectly related to society, and the most significant entity is a human being who bears the greatest duty to the society of which he or she is a member. Like human beings, companies are also seen as major contributors among the important segments of business houses since, like other entities, they utilize resources from society for manufacturing while also relying on society for revenue. When the COVID-19 crisis was encountered by society, the pandemic conditions led to an increase in people’s expectations of corporate entities to provide assistance. As the COVID-19 pandemic has proven to be exceptionally critical for the entire world, it has affected major sections of India, and problems have been observed in every aspect, including the physical, mental, economic, social, and so on. In such difficult situations, people started placing high expectations on many corporate entities to provide assistance in any manner they could. Corporate social responsibility (CSR) in India has undergone a remarkable transition as a result of the unprecedented problems posed by the COVID-19 pandemic. The COVID-19 crisis has highlighted the critical role of companies in responding to social needs and special situations. Companies have rapidly shifted their CSR efforts to healthcare, hygiene, and social protection, reflecting a new urgency in contributing to the country's resilience. The objective of this study is to examine various definitions and descriptions of corporate social responsibility (CSR), as well as to describe in detail the evolution of CSR in India, and analyse the shifting of CSR paradigms in India during the pandemic, offering insights into how businesses have adapted their strategies and priorities before and after the pandemic and the analysis of CSR trends during COVID-19 and Immediate challenges posed by the pandemic on CSR activities.

An Examination Of The Implication Of Corporate Social Responsibility Measures In Chosen Indian Public Sector Banks Amidst The Covid-19 Pandemic

Purpose: This paper explores the evolution of Corporate Social Responsibility (CSR) and focuses on how banks have expanded their CSR activities beyond traditional banking roles, particularly during the pandemic. It highlights the critical role CSR plays in addressing challenges and fostering a socially responsible corporate landscape. With a special emphasis on the diverse aspects of CSR practices, this paper will explore how company responsibilities and social obligations have advanced over time. It includes the compiled report of CSR expenditures of selected public sector banks in India. And encompasses the challenges faced by the banking sector and the significance of CSR in addressing them. The research also throws light on potential criticisms or shortcomings in the selected banks' approaches. Lastly, this paper will talk about how some banks have come forward with diverse aspects of social obligation and shored up an important position during the pandemic. Design/Methodology/Approach: This paper is conceptually written, involving a cross-sectional study entailing the qualitative analysis of various CSR activities taken up by banks in India during the pandemic. To analyze the spending and CSR activities, data was collected from the bank's annual reports and their websites Findings: This article discusses how Corporate Social Responsibility (CSR) is transforming into a "self-regulating business approach." considering both performance and the influence of stakeholders. This suggests that a certain perception of social responsibility largely stems from an organization's interactions with its stakeholders and the public. As for the pandemic, CSR initiatives have shifted their focus towards combating COVID-19, with the potential for indirect benefits to the organization.

Corporate Social Responsibility in India: An Examination in the Context of Corporate Governance

Abstract: Corporate Social Responsibility (CSR) has emerged as a significant aspect of corporate behavior globally, driven by ethical concerns, stakeholder expectations, and regulatory mandates. In India, the integration of CSR into corporate governance practices has garnered increasing attention in recent years. This abstract provides an overview of the examination of CSR in India within the framework of corporate governance. This study aims to explore the intricate relationship between CSR and corporate governance in the Indian context. It delves into the evolving landscape of CSR in India, particularly since the enactment of the Companies Act, 2013, which made it mandatory for certain qualifying companies to allocate a portion of their profits towards CSR activities. The analysis encompasses a review of legislative developments, the evolution of CSR reporting, and the role of stakeholders in shaping CSR strategies.

MISCONCEPTION OF CORPORATE SOCIAL RESPONSIBILITY OF OIL COMPANIES ON THEIR HOST COMMUNITIES: A STUDY OF SHELL PETROLEUM DEVELOPMENT COMPANY AND COMMUNITIES IN DELTA STATE, NIGERIA

Over time, there has been a strained relationship between the residents of the Niger Delta region of Nigeria and the Shell Petroleum Development Company (SPDC) due to the perceived inadequate implementation of Corporate Social Responsibility (CSR) initiatives by SPDC. SPDC, however, maintains that they are merely a company and cannot take on the role of the government in the development of the region. The aim of this study was to gain an understanding of the current perception of CSR among residents of the Niger Delta in Nigeria. It was anchored on Stakeholder theory. A secondary research was conducted to explore previous views and evolution of CSR, but it only provided insight into the concept without any conclusion. As a result, a primary research was carried out using an ethnographic qualitative method in eight oil-producing communities in Delta state, where the inhabitants were reluctant to disclose information to strangers. The findings revealed that while the residents had a favourable perception of CSR, they were inflexible in their insistence that it should be mandatory for SPDC to undertake CSR initiatives due to the environmental hazards resulting from the company's operations. It was recommended that public enlightenment programmes, on behalf of the SPDC/Government/Communities, could help change people's perception about who is responsible for what, and how the communities should be managed. It was also recommended that SPDC should strengthen its community relations team to interact more with the community and improve its corporate image. Keywords: Corporate Social Responsibility, Host Communities, Misconception, Niger Delta, Oil Companies, SPDC.

CORPORATE SOCIAL RESPONSIBILITY AS A TOOL FOR ENSURING SOCIO-ECONOMIC SECURITY AND SOCIAL INCLUSION

Considers the evolution of corporate social responsibility and the formation of the modern paradigm of its development. It was revealed that the modern paradigm of social corporate responsibility defines it as a managerial practice of improving business efficiency based on a balancing of profit and social welfare, an integral element of the organization's development strategy, a factor of its competitiveness and investment attractiveness. It is substantiated that corporate social responsibility is an ethical, legal, ecological, social, philanthropic context of the organization's functioning, which is reflected in long-term participation in CSR-projects that contribute to the improvement of social welfare and increasing the efficiency of sustainable development. The article considers the general trends in the development of modern CSR are: philanthropic support of small businesses, CSR is consistent with stakeholders' values (consumers, employees, managers, owners, investors, suppliers), development of volunteering for employees and virtual volunteering, development of social innovations, development of new approaches for evaluating the effectiveness of CSR-initiatives, development of green technologies, improvement of labour policy, improvement of the non-financial reports of CSR. It was determined that the development of corporate social responsibility will be determined by the digitalization of CSR-activities, the growth of employee engagement, the glocalization of the CSR business model, the full supply chain accountability, the inclusion of CSR in the crisis management system, CSR as a tool for ensuring social equality and social inclusion.

Scientific evolution of Corporate Social Responsibility. A bibliometric analysis with mapping analysis tools.

When the term Corporate Social Responsibility (CSR) is heard today, a multitude of concepts such as Corporate Social Responsibility, Social Responsibility, Sustainable Development or Sustainability comes to mind where, without losing the essence of what its implementation entails, it implies not the existence of a consensus that unifies everything into a theory. The objective of this study is to obtain a better understanding of the current situation and trends in this area of research. Thus, in this paper, bibliometrics is used to evaluate performance and productivity in CSR, and scientific maps to extract and classify the most important research topics in this area. The results obtained when analyzing the period 1978-2017 show the conceptual evolution of CSR research, demonstrating the growth potential of CSR, as well as its great development, being the main thematic areas identified: Financial Performance, Corporate Reputation, Ethics, Consumers, Employees and Risk.

Evolution of corporate social responsibility towards sustainability in Mexico 2013-2019

Since the Millennium Development Goals set out in 1999 by the UN, Corporate Social Responsibility (CSR) under the framework of ISO 26000, 2011 and the Objectives for Sustainable Development Goals Agenda 2030, 2015, Mexico's Business Sector has been taking full relevance in the triple Bottom Line actions (economic, social and environmental). This study shows the results of a questionnaire structured under the ISO 26000 reference framework, designed by ResPonsable, which was applied to a representative sample of the Mexican Business Sector in 2013-2019, to describe, infer and project the degree of knowledge, interest and management of CSR in large companies and MSMEs in Mexico. The main results are flattering since companies during these six years (2013-2019) have decided to create CSR Committees, this being more frequent in large companies and have an annual budget for Social Responsibility activities, with more trained managers in the area, and with more knowledge, importance and maturity of CSR. The term Social Responsibility has evolved as an investment and not as an expense for large companies, while MiPymes still see it as an expense. It is possible to see a decline in CSR indicators as a profitable investment in the short, medium and long term. Concerning the CSR employees’ profile, the positions are vastly occupied by women, between 32 and 42 years, with a professional education level with CSR studies. The most active sector in the CSR is transportation and logistics, banking, energy and extractive industry, food and beverage, automotive and construction and infrastructure, focusing on labor practices, environment and human rights, being Corporate Governance the least developed in the companies.

THE IMPACT OF CREATING SHARED VALUE ON PURCHASE INTENTION AND RECOMMENDATION INTENTION: A STUDY IN VIETNAM

Creating shared value (CSV) has been predicted as the next evolution of corporate social responsibility. Companies that follow the CSV approach integrate economic, societal, and environmental objectives in their strategy to pursue sustainability and competitive advantages. This study investigates the effects of CSV contributions (which are framed as economic, social, and environmental contributions) on brand attitude, and then the effects of brand attitude on consumer purchase and recommendation intentions. This research also examines the moderating role of perceived personal relevance on the relationships between economic, social, and environmental contributions and brand attitude. The proposed model was empirically tested on a sample of 234 consumers in a metropolitan city in Vietnam. The results confirm that positive links exist between the three CSV contributions and brand attitude as well as between brand attitude and consumer intentions of purchasing and recommending. The study also finds that perceived personal relevance moderates the effect of environmental contribution on brand attitude. These effects help us better understand previous findings in the literature regarding the influence of CSV on consumer intentions and enrich the limited CSV research. Moreover, this study also provides managerial suggestions for companies in making their CSV decisions.

DESIGNING AN INTERNATIONAL BACHELOR DEGREE SYLLABUS - CORPORATE SOCIAL RESPONSIBILITY IN INDUSTRY 4.0

The project "Adaptation of strategies for corporate social responsibility to address the implications of the Industry 4.0" is currently in the second year of its implementation. It is executed within the ERASMUS+ Program, key activity "Strategic Partnerships in Higher Education" and is coordinated by a team of the "D. A. Tsenov” Academy of Economics (Svishtov, Bulgaria) in partnership with the National Federation of Employers of Disabled People (Sofia, Bulgaria), the Accreditation Council for Entrepreneurial and Engaged Universities (Münster, Germany), the Catholic University of Murcia (Murcia, Spain) and the University of Nis (Nis, Serbia). The project is focused on current challenges of corporate social responsibility as an expression of the impact of organizational activities on society and the environment. Currently, corporate social responsibility is an extremely important factor influencing the development of companies, the formation of their profits and maintaining the image of product brands. Along with their main activity, socially responsible enterprises also perform activities of social significance, such as offering donations, supporting charitable actions, social events, etc. Such companies also award grants and scholarships, provide support to disaster-affected areas and support other aid causes. As an ex post result from the project http://csr-project.eu/ the partners have developed a curricula for a bachelor degree subject entitled “Corporate social responsibility in Industry 4.0” for students in the field of economics, administration and management”. As an in medias result the academic lecturers and researchers are on the final stage of writing the content of the academic textbook containing 8 chapters grouped in two parts – theoretical and empirical. The first theoretical part “Theoretical developments of CSR in Industry 4.0” includes the following four chapters: 1) Evolution of corporate social responsibility; 2) Financial and managerial dimensions of CSR; 3) Emerging social challenges with Industry 4.0; 4) Strategic approach to corporate social responsibility. The second part entitled “Case studies of CSR in Industry 4.0” includes other four chapters: 5) National evidences for implementation of the concept of CSR; 6) CSR and Industry 4.0 - evidences from Spain; 7) CSR and Industry 4.0 - evidences from Germany; 8) CSR and Industry 4.0 - evidences from Bulgaria. As a main conclusion from the paper, we argue that the project "Adaptation of strategies for corporate social responsibility to address the implications of the Industry 4.0" with reference number: 2020-1-BG01-KA203-079025 is an excellent opportunity to create added value through international partnership under the Erasmus + program. The achievements as of the last month of the second stage of the project implementation give grounds to expect its successful completion and achievement of all set goals and objectives. Besides the initial project topic, the Covid-19 environment has opened before all main economic agents – the companies, the households and the government – a new opportunity to prove the concept of CSR is a vital and important attitude to be more health protecting and ecologically responsible.

Corporate social responsibility or corporate social innovation? Two approaches towards the labour integration of disabled employees in Colombia

PurposeThis paper aims to analyse how corporate social responsibility (CSR) and corporate social innovation (CSI) are implemented in the integration of employees with disabilities (EWD) and how they differ in practice.Design/methodology/approachThis study implemented a qualitative approach through a comparative study of two representative cases in Colombia, using a cross-case analysis technique.FindingsFour characteristics differentiate CSR and CSI in the labour integration of EWDs: altruistic vs goal-oriented, inclusive vs egalitarian, humanistic vs transformative and sympathetic vs synergetic, relating motivations, practices, impact and collaborations correspondingly.Originality/valueTo the best of the authors’ knowledge, this is one of the first studies to explore the conceptual (theoretical) and instrumental (practical) base of CSR and CSI, undertaking business strategies to integrate EWDs in the labour market in the context of a developing country, Colombia. Examining EWDs’ labour integration represents an original approach to understanding how CSI can be considered an evolution of CSR.

Collaborative corporate social responsibility praxis: case studies from India

PurposeThis study aims to explore how corporate social responsibility (CSR) has assumed a new meaning today, with the COVID-19 pandemic. This, in turn, has changed the way companies now view the impact of their activities on the environment, customers, employees, community and other stakeholders.Design/methodology/approachThis paper uses a qualitative case study approach and draws a critical lens to document the complex interplay between dimensions of CSR, business sustainability and social issues, applying theoretical tools such as social capital theory and stakeholder theory to elucidate the nature of collaborative managerial responses to the organisation’s challenges during the pandemic. This is a case study paper. This paper applies multi method approach to develop a case study analysis through participant observation and report analysis to investigate the CSR approaches undertaken in India by Infosys Genesis, a global leader in technology services and consulting, and Akshaya Patra Foundation, a non-governmental organisation (NGO), which operates the world’s largest lunch school program. This was an appropriate methodology since the focus was on an area that was little understood, while the analysis required an in-depth understanding of a complex phenomenon through observation and a case study. In addition, case study research has been recommended for how, why and what type of research questions that focus on contemporary events (Saunders et al., 2003; Yin, 1994), such as CSR participation in the existing business environment. Furthermore, the issue under investigation is a real-life situation where the limitations between the phenomenon and the body of knowledge are unclear (Yin, 1994). This was the case because CSR has been probed by numerous disciplines through the application of various theoretical frameworks, each interpreting the context from their own perspective. Leximancer was used for the analysis (a text-mining software for visualising the structure of concepts and themes across case studies). This process differs from the traditional content analysis in that specific word strings are not needed; instead, Leximancer recognises what concepts are present in a set of texts, permitting concepts to be automatically coded in a grounded fashion (Cretchley et al., 2010, p. 2). The paper will be looked at from three levels comprising themes, concepts and concept profiling to create rich and reliable dimensions of a theoretical model (Myers, 2008). The themes are created in Leximancer software and are built on an algorithm that looks for hidden repeated patterns in interactions. The concepts add a layer and discover which concepts are shared by actors. The concept profiling allows to discover additional concepts and allows to do a discriminant analysis on prior concepts (Cretchley et al., 2010). Words that come up frequently are treated as concepts. Although the limited number of cases does not represent the entire sector, it enabled collection of rich data through quotes revealing some of the most crucial aspects of large organisations and non-profits in India.FindingsThe findings demonstrate how these robust, innovative, collaborative CSR initiatives between a multinational firm and an NGO have been leveraged to combat manifold issues of education, employment and hunger during the pandemic.Research limitations/implicationsDespite significant implications, this study has limitations. A response from only two companies is investigated to the COVID-19 pandemic. The scope of this study is only India, a developing nation, thereby, cross country research is recommended. A comparative study between developed and developing countries may be conducted. A quantitative approach may be used to get empirical findings of the COVID-19 pandemic and post-pandemic policies of companies from an international perspective. Hence, there is ample opportunity to research organisations’ response to the pandemic and CSR as a strong arm to deal with critical disasters.Practical implicationsThe paper offers new insights into exploring research and praxis agenda for collaborative potentials towards the evolution of CSR and sustainability.Social implicationsThe findings develop new initiatives and combat manifold issues of education, employment and hunger during the pandemic to provide quick relief.Originality/valueThe paper offers new insights into how companies are considering issues related to the crisis, including avoidance of layoffs and maintaining wage payments, and may be in a better position to access fresh capital, relief programs and emergency funds. Taking proactive health and safety measures may avert legal risks to the company. It is likely that the way in which companies are responding to the crises is a real-life test on resilience and adaptation.

A Review of the Concept of Corporate Social Responsibility (CSR): From A National to Global Perspective

This is a review paper that discussed the subject of Corporate Social Responsibility (CSR) drawing from scholarly opinions in extant literature. The paper examined the evolution of CSR. Its meaning, nature and perspectives as well. The paper concluded that though the practice of CSR by firms was initially of a philanthropic nature, it has however, transcended to being aligned with core business objectives. The initial focus of CSR was majorly on voluntary donations and contributions to communities in areas of identified need such as education, healthcare, poverty alleviation and community development. But today, CSR engagements are now increasingly aligned with the primary business objectives and societal imperatives, and explicitly driven by policies embedded in relevant legislation and standards. Therefore, organisations are encouraged to entrench CSR practices is its agenda and operational policies.

The Evolution of Corporate Social Responsibility and the Impact on the Organizations

The Evolution of Corporate Social Responsibility and the Impact on the Organizations

Trends in the Dynamic Evolution of Corporate Social Responsibility and Leadership: A Literature Review and Bibliometric Analysis

Trends in the Dynamic Evolution of Corporate Social Responsibility and Leadership: A Literature Review and Bibliometric Analysis

Should Corporate Social Responsibility Around The World be Mandatory or Voluntary?

Corporate social responsibility (CSR) is an idea that has grown during the last three decades from the voluntary activity of business firms into a debate about whether CSR should be mandated by law because of the increased demand from society. Further, it has been argued that business corporations are owned by their shareholders, and the managers must concentrate on maximizing the wealth of their shareholders and not of the community. To determine how better to apply CSR, this paper begins with looking at the evolution of CSR as a system around the world and then discusses the definition of CSR. In addition, this paper explores the advantages and disadvantages of implementing voluntary CSR and then explores mandatory CSR. Moreover, in this paper, it is found that determining the proper CSR system depends on many factors in each country, such as the social, economic and legal factors that should be examined before applying mandatory or voluntary CSR.