Fulfillment Of Corporate Social Responsibility Research Articles

The Application of Material Flow Cost Accounting in Waste Reduction

Due to the rise in environmental awareness, corporate companies have shifted their focus from an obsession with short-term profits to contemplating long-term strategies to achieve sustainable management. Effective use of resources is the primary indicator of this achievement. Fulfillment of corporate social responsibility and thinking beyond the regulatory aspects of corporate sustainable management are goals that have continually attracted attention worldwide. Material flow cost accounting based on ISO 14051, which was announced by the International Organization for Standardization (ISO), is a tool that can be used to achieve a balance between the environment and economy. We focused on using ISO 14051-based material flow cost accounting as an analytical evaluation tool from the perspectives of finance and accounting personnel. We conducted a case study on a flat-panel parts supplier to determine whether the efficient use of recycled glass could reduce company costs. The primary finding is that the film layer on recycled washed glass tends to be stripped during the production process, causing increased reprocessing costs and thus rendering the cost of renewable cleaning higher than that of reworking. This study revealed that the ISO 14051-based material flow cost accounting analysis constitutes a valuable management tool, thereby facilitating the promotion of sustainable development.

Corporate Social Responsibility Disclosure and Stock Price Crash Risk: Evidence from China

We take Chinese A-share listed companies in years 2010–2015 as a sample to examine the relationship between Corporate Social Responsibility (CSR) information disclosure and stock price crash risk using the fixed effect model. The results show that: (1) There is an inverted U-shaped nonlinear relationship between CSR information disclosure and stock price crash risk. That is, as the CSR information disclosure level increases, the CSR information disclosure first aggravates and then reduces the stock price crash risk; (2) under different disclosure motives, there is a significant difference in the impact of CSR information disclosure on stock price crash risk. There is still an inverted U-shaped relationship between mandatory CSR information disclosure and stock price crash risk, but not for the semi-mandatory and voluntary disclosure; (3) the academic independent director has a positive adjustment effect on the relationship between CSR information disclosure and stock price crash risk, while the institutional investor has a negative adjustment effect on the relationship between CSR information disclosure and stock price crash risk. The research is of great significance for promoting the fulfillment of CSR, improving corporate governance and stabilizing the capital market.

Research on the Impact of Corporate Social Responsibility Reputation on Financial Performance—Based on Listed Company Data

With the improvement of living conditions, more and more people have begun to pay attention to environmental safety and social responsibility issues. The market’s growing resistance to irresponsible companies may be that these companies are not aware of the seriousness of the consequences of their consequences on corporate finances. Facing the increasingly harsh product safety environment in recent years, people are increasingly focusing on the pursuit of quality products. With the development of the global corporate social responsibility movement, the relationship between corporate social responsibility and financial performance has gradually attracted people’s attention. A comprehensive study of domestic and foreign scholars found that most scholars’ studies have demonstrated that the relationship between corporate social responsibility and financial performance is positively correlated, followed by irrelevant and uncertain relationships, and negatively related to only a small portion. It can be seen that the fulfillment of corporate social responsibility is generally necessary for the enterprise. In the domestic and foreign literature review, financial performance also takes its related corporate value and other related indicators as part of its performance. Research and development space is huge. This article is a study of corporate social responsibility research on how corporate financial performance affects corporate social responsibility. It aims to provide a clear analysis and explanation of the relationship between corporate social responsibility and financial performance through accurate theoretical introduction and empirical analysis by exploring the relationship between the two.

Fulfillment of corporate social responsibility by indian companies: A study

Fulfillment of corporate social responsibility by indian companies: A study

The Effectiveness of Internal Control and Corporate Social Responsibility: Evidence from Chinese Capital Market

From the perspective of the effectiveness of internal control, according to the Stakeholder Theory, Principal-Agent Theory and Reputation Theory, this paper analyzes comparatively the influences of internal control on the assumption of corporate social responsibility (SCPS) from the accrual basis, and the fulfillment of corporate social responsibility (CSRF) from the cash flow system respectively. Using a sample of 1767 firms listed in China between 2011 and 2016, we find that effective internal control has significantly promoted enterprises to assume social responsibilities. Meanwhile, effective internal control substantially improves the fulfillment of corporate social responsibility. This study overcomes the current situation that the two concepts of assumption and fulfillment of corporate social responsibility have not been distinguished in previous literature. We suggest that, in the economic transition period, the positive role of internal control in corporate governance should be promoted to protect the legitimate rights and interests of stakeholders; the adverse impact of the principal-agent relationship between shareholders and management on corporate governance should be avoided, building high-quality internal control; enterprises achieve steady and sustainable development process by the positive reputation value and robust external monitoring mechanism. This research is of practical importance to strengthen the subsequent construction of the internal control system and the long-term practice of corporate social responsibility.

The Impact of Corporate Social Responsibility on Corporate Performance - Evidence From Listed Companies in the Sports Industry in China

Maximizing profits has always been the goal and principle pursued in a company’s development. Based on this so-called business principle, companies often blindly pursue economic interests, leaving behind environmental protection and even labor rights and consumer interests, which cause many negative externalities. With the continuous development of the society and the economy, the society no longer evaluates the corporate performance of a company based on its financial performance alone. The society now expects a company not only to improve its financial performance, but also fulfill its social responsibility obligations. However, a large number of companies in China do not put their social responsibility in place. The expenditures on environmental governance, the rights of employees and small/medium investors, along with the intensity of public charity donations, are still unqualified. While the society strongly encourages companies to fulfill their social responsibility, some other parties believe that fulfilling corporate social responsibility increases the cost of a company, which consequently has a negative impact on the financial performance of the company. As a result, whether there is a need for companies to fulfill social responsibility, whether the economic benefits and corporate social responsibility are mutually antagonistic, and how companies should balance their own operations, management and fulfillment of social responsibility, need to be further studied.As an important part of the H-industry, the sports industry has a positive effect on optimizing the industrial structure, expanding domestic demand, and promoting employment. It has developed into a new long-term point in promoting urban economic development. However, at present, there has been little research on the capital management of listed companies in the sports industry. Therefore, based on the Chinese market environment, this paper listed investigates companies in the sports industry. It attempts to find out how the implementation of corporate social responsibility in the Chinese sports industry impacts the corporate performance. This paper uses panel data of 16 listed companies in the sports industry between 2009 and 2016, and rules out the possibility of spurious regression through a series of preliminary tests. Panel correction error model, asymptotic fixed effect model, super-efficiency DEA-Tobit model and threshold panel model are utilized to analyze the influence of fulfilling corporate social responsibility (CSR) on the corporate performance of listed companies in the sports industry in China.

Is the Social Responsibility Information Disclosed by the Companies really Valuable?—Evidence from Chinese Stock Price Synchronicity

Social responsibility information disclosed by listed companies is an important way to transfer non-financial information to the stock market, which affects the level of stock price synchronicity. In order to explore whether Corporate Social Responsibility (CSR) information is valuable in improving capital market pricing efficiency, this paper conducted empirical research based on a sample of China Shanghai and Shenzhen A-share listed companies in years 2010–2015. The results showed that: (1) Overall, there is a significant positive correlation between CSR information and stock price synchronicity; (2) under different disclosure motives, there is no significant difference in the impact of CSR on stock price synchronicity; (3) Securities analysts and institutional investors can negatively regulate the positive relationship between CSR and stock price synchronicity, while the media will intensify the positive effect of CSR on stock price synchronicity. This research is of great significance in promoting the fulfillment of CSR and improving capital market pricing efficiency.

Internationalization strategy, social responsibility pressure and enterprise value

Recent years has seen Chinese enterprises competing to broaden the scope of business through the internationalization strategy. The proliferation of the strategy is attributable to the favorable environment created by the Chinese government with the increasingly stringent requirements on corporate social responsibility. The external pressure of social responsibility has also stimulated the fulfillment of social responsibility within the enterprises. Against this backdrop, this paper constructs a mathematical model with the constraint of external social responsibility pressure and applies the model to examine the effect of the internationalization strategy of Chinese enterprises on enterprise value. The research finds that: First, the internationalization strategy enhances the enterprise value; the stakeholders will jointly promote the strategy once they are aware of its significance. Second, with the increase in the external pressure of social responsibility, the enterprises will promote enterprise value through the implementation of social responsibility. Third, the fulfillment of corporate social responsibility contributes to the proliferation of internationalization strategy and further enhances the long-term enterprise value. These modeling conclusions are validated through an empirical test. This research enriches the exploration into the internationalization strategy of enterprises in emerging markets and pioneers the study on the fulfillment of corporate social responsibility from the external angle.

Research on Coal Enterprise Investor Sentiment Based on Regulation Algorithm

Academics have conducted extensive research on aspects of corporate social responsibility, but there are less involved in corporate social responsibility and investor sentiment. With the continuous transformation and upgrading of social economy, people pay more and more attention to corporate social responsibility. In order to better study corporate social responsibility, based on the quality of financial reporting, this paper examines the relationship between corporate social responsibility and investors by collecting second-hand data about the relationship between emotions. This paper focuses on how the relationship between corporate social responsibility and investor sentiment changes and how the relationship between the two changes with the quality of financial reporting. Through the research of this paper, we find that the higher the level of corporate social responsibility fulfillment, the greater the investor sentiment, the two are proportional. Under the same condition of the fulfillment of corporate social responsibility, the higher the quality of financial reports, the greater the investor sentiment.

Internal Control, Nature of Equity and Corporate Social Responsibility

Enterprises can promote the fulfillment of corporate social responsibility through excellent internal control so as to achieve the long-term development. Based on the empirical data of main board listed companies of Shanghai and Shenzhen Stock Exchanges from 2013 to 2015, this paper conducts an empirical test by establishing the relationship models among internal control, nature of equity and corporate social responsibility. The results indicate that: (a) Internal control can positively promote the fulfillment of corporate social responsibility; (b) The state-owned enterprises fulfill corporate social responsibility better than non-state-owned enterprises; (c) State-owned enterprises can enhance the positive effect of internal control on the fulfillment of corporate social responsibility.

Political Relevance and Corporate Social Responsibility from a Strategic Perspective

Political connection and corporate social responsibility are important social resources of enterprises, which play an important role in debt financing, corporate governance, corporate performance, R&D investment and so on. With the research on the potential motive of social responsibility fulfillment, it is found that enterprises with political connections are required to fulfill more social responsibility. There are few literatures on the relationship between political connections and social responsibility. Therefore, based on resource dependence theory and strategic social responsibility concept, this paper combs the relationship between the construction of political ties and the fulfillment of corporate social responsibility, and considers the relationship from the external institutional environment, the nature of corporate property rights, the categories and levels of political connections.

EDUCATIONAL PROGRAMMES AS PART OF CORPORATE SOCIAL RESPONSIBILITY STRATEGY IN LOGISTICS

The idea of corporate social responsibility (CSR) becomes a popular base to form a long-term competitive strategy in logistics. Global logistic market demands high efficiency, complying with global quality standards and offering services at unified prices worldwide. Therefore logistic companies very often aim to raise their competitive potential by forming a strategy that allows for a long-term stable growth, based not only on reaching economic goals, but also on friendly coexistence of the company and its environment (CSR approach). The paper shows that educational programmes can be applied in relation to various issues of social responsibility chosen by an individual company. They can become an efficient tool to fulfill CSR goals in a strategy of a global logistic provider, as well as it can support the strategy of a much smaller logistic company. The benefits of a well-designed and implemented educational programmes are presented.

Negative Media Coverage and Corporate Social Responsibility —— Empirical Evidence from Chinese A - Share Listed Companies

This paper takes the listed companies of Shanghai and Shenzhen A-shares as the object of research from 2013 to 2015, and makes an empirical test on the effect of corporate social responsibility of listed companies from two aspects: Negative media coverage and property rights. The results of the research show that: The negative reports of media are positively related to the fulfillment of corporate social responsibility, the more negative reports of media, the higher the performance level of corporate social responsibility of listed companies; There is a positive correlation between the nature of property rights and the performance level of corporate social responsibility, the performance of corporate social responsibility of listed companies with state-owned enterprises is better; The total number of media reports is positively related to the fulfillment of corporate social responsibility, the more the number of media reports, the better the corporate social responsibility.

The Mechanism of Corporate Social Responsibility Fulfillment to Promote Forest Investment

Forestry investment is potentially effective way for enterprises to fulfill their social responsibility. Based on the analysis of connotation and realization mechanism of corporate social responsibility, the paper points out that the coupling of forestry investment and social responsibility is embodied in the comprehensive benefit and social responsibility connotation of forestry investment, and the consistency between forestry investment and social responsibility investment. The results show that the ecological and social benefits of forestry investment are far superior to economic benefits. It is proved that forestry investment is a feasible way for enterprises to fulfill their social responsibilities. The paper analyzes the forestry investment patterns of different enterprises under the social responsibility fulfillment, and points out that the forestry enterprises can participate in the investment projects matching their strategic social responsibility and forestry core social responsibility. Non-forestry enterprises can participate in the business based on the social responsibility investment idea forestry investment projects, and invest in public welfare forestry projects based on responsive social responsibility inputs. It is suggested that the government should improve the social responsibility system construction and strengthen public opinion propaganda to guide forestry and non-forestry enterprises to increase forestry investment by innovating forestry management mode.

Prioritization of General Skills of Managers in Impact on Fulfillment of Corporate Social Responsibility from Experts’ Point of View (A Case of Nectar Industry of Urmia City)

Abstract Having characteristics, traits, skills and competencies tailored to the needs and situations of life and workplace is certainly the most fundamental factor for managers to benefit from competitive advantages. One of the main goals of managers in organizations of the 21st century is to meet economic, legal, ethical and social expectations and demands that community expects them in different time periods. Taking advantage and equipping managers to different skills and updating their knowledge and capabilities can be effective in achieving the above expectations. Since these expectations are found in terms of corporate social responsibility, given the importance of the issue, this article has addressed the fulfilling of corporate social responsibility of nectar industry of Urmia city from the view of experts and prioritization of management skills affecting corporate social responsibility. The statistical populations of research were experts of nectar industry of Urmia city and management professors with PhD and expert on these topics from different universities of the country. One sample t- test, chi-square and Friedman tests are used to analyze data. Based on the analysis of findings, the fulfillment of corporate social responsibility was assessed below the mean value. Furthermore, the ranking and periodization of various management skills has addressed in the impact on the realization of corporate social responsibility. Finally, to enhance, update and apply skills in the context of corporate social responsibility, some strategies and guidelines are presented consistent with findings.

Research on the Evaluation of Corporate Social Responsibility under the Background of Low Carbon Economy

Low carbon economy is the inevitable trend of the development of the world economy, the development of low carbon economy is closely related to the fulfillment of corporate social responsibility. The evaluation of corporate social responsibility not only can let people understand the level of corporate social responsibility and promote the realization of the objectives of corporate social responsibility effectively, but also can improve the level of the development of low carbon economy. Based on the background of low carbon economy, this paper puts forward the idea of corporate social responsibility evaluation, constructs the indicator system of corporate social responsibility evaluation, analyzes the application of fuzzy analytic hierarchy process in the evaluation of corporate social responsibility.

Research on the Influence of Corporate Social Responsibility on Organizational Performance based on Structural Equation Model

With the economic and social transformation, corporate social responsibility has become an important factor affecting the enterprises performance. In this paper, we make an empirical analysis of the relationship between corporate social responsibility and organizational performance by using structural equation model. The result shows that CRS has an impact on the human resource management practice and organizational performance, at the same time, the HRM system has played an intermediary role. Enterprises to fulfill corporate social responsibility will significantly enhance the efficiency of human resource management, and obtain recognition of employees. So that it is necessary for enterprises to undertake the social responsibility in the long-term, and CRS will provide potential value for enterprises' competitive advantage. With the transformation of China's economic and social, enterprises take the initiative to take social responsibility in practice is very important. In particular to take the subject of corporate social responsibility of a company, enterprise or organization, from the perspective of system, resources and competitive advantage, the enterprise bear the social responsibility is not only necessary and to the survival and development of enterprises and competitive advantage are potential value. The relationship between corporate social responsibility and corporate financial performance of long debate and research still continues, with the stakeholder theory is put forward, and were more likely to enterprise stakeholders (1). The construct, and enterprise staff is enterprise key stakeholders, is the important resources of enterprises, business objectives or performance is obviously affect employee goals and can be influenced by the employee, the enterprise must on today's human resource issues active response, and to obtain the legitimacy of enterprise operation, coordination of the enterprise and employee relations, taking the way of harmonious relationship between employees and organizations to realize the sustainable development of enterprises. Enterprises to the human resources and social issues management, into the enterprise human resources management policy and practice operation, affect employee behavior and attitude to meet the demand of human resources and obtain competitive advantage and organizational performance. Carol put forward the Pyramid model of corporate social responsibility; corporate social responsibility is divided into economic responsibility, legal responsibility, and ethical responsibility. Many disputes about corporate social responsibility mainly focus on enterprise, such as principal -agent theory, property rights theory, from the perspective of the nature of these enterprises to find the main body of social responsibility (2). Corporate social responsibility from the

Evaluating the Corporate Social Responsibility and Organizational Performance based on Large-Scale Data Access and Management

Information technology has entered a big-data era. Large-scale data is becoming the basic factors of production and it would affect the corporate social responsibility disclosure deeply, the use of big data has become the key factor to improve the competitiveness of enterprises. Through this empirical analysis, we can draw the following conclusions: corporate social responsibility is mainly composed of economic responsibility, legal responsibility, ethical responsibility and spontaneous responsibility. And CSR will have positive effect on organizational performance. All of these indicate that prompting enterprises staff to fulfill corporate social responsibility is helpful to improve the organizational performance.

Assessing the Financial Performance Impact on Fulfilling Corporate Social Responsibility in Terms of Added Value

Assessing the Financial Performance Impact on Fulfilling Corporate Social Responsibility in Terms of Added Value

Key activity areas of corporate social responsibility (CSR) in the construction industry: a study of China

China's ambitious urbanization continues to provide a strong impetus for the construction industry to proliferate in the foreseeable future. While construction firms are supposed to contribute extra efforts to improve social welfare, they are also attempting to minimize their negative impacts on the environment. This has compounded the difficulty of fulfilling corporate social responsibility (CSR), and it is vitally important that CSR activities can be formulated accordingly. In this study, generic CSR activities were identified first through extensive literature review. Content analysis on CSR reports of construction firms and interviews with professionals were then conducted to make the generic CSR activities suit the Chinese construction industry. A questionnaire survey was finally adopted to collect professionals' opinions on the importance of CSR activities. It is found that the key factors or activity areas of CSR are environmental protection, construction quality and safety, community, employees, clients, and CSR management. The research findings suggest that contractors' CSR fulfillment should be embedded in the construction process as well as the uniqueness of construction practices in China.