Influence Of Corporate Social Responsibility Practices Research Articles

Corporate social responsibility practices and enterprise risk management of the GCC Islamic banks

This study intends to investigate the impact of CSR practices on ERM implementation, focusing on Islamic banks operating in Gulf Cooperation Council (GCC) countries. Following the banking industry’s collapse during the 2008 financial crisis, there has been a notable rise in the enactment and literature of Corporate Social Responsibility (CSR). Although the influence of CSR practices on performance, trust, and reputation has been extensively researched, limited research studies have examined their impact on enterprise risk management (ERM). The study uses secondary data obtained from the annual reports of 23 Islamic banks between 2011 and 2020. CSR practices and ERM implementations were scored using content analysis. Using panel regression techniques, we find a significant positive relationship between CSR practices and ERM implementation for listed Islamic banks over the sample period. The relationship remains intact across two distinct ERM measures and various estimation methods. The findings of the study contribute to the literature by offering valuable empirical evidence of the effect of corporate social responsibility practices on enterprise risk management implementation in the GCC Islamic banks. The study suggests that executives, policymakers, and regulators of Islamic banks in the GCC should support and endorse socially related initiatives to aid in the successful implementation of ERM.

The Influence of CSR Practices on Lebanese Banking Performance: The Mediating Effects of Customers’ Expectations

Corporate social responsibility (CSR) issues in developing markets have acquired a lot of attention. Organisations around the globe apply a diversified set of technologies to approaching customer expectations through banking performance. This study examines the impact of CSR on Lebanese banking performance. Primary data from questionnaires were used. A total of 1000 observations were collected using a 5-point Likert scale method adopted to formulate the items. The questionnaire was tested to assess its trustworthiness regarding data collection. Partial least square structural equation modelling (PLS-SEM) was used to test the hypothesis. The overall results demonstrated the significance of CSR in terms of meeting customers’ expectations and maintaining banking performance. All CSR dimensions demonstrated a positive impact on customer expectations and Lebanese banking performance. Moreover, customer expectations proved to be a mediator between CSR and banking performance, although there was partial mediation between CSR and banking performance.

Organizational culture: does it influence the way a company deals with CSR?

PurposeThis paper aims to show how managers model culture for employees to promote corporate social responsibility (CSR) practices.Design/methodology/approachThe proposal begins by highlighting the importance of culture for CSR implementation and then explains the impact of culture on employees.FindingsCurrently, many companies carry out activities under the CSR umbrella, but they may do so without considering whether their company’s context is ideal for such initiatives. They may also not consider the types of employees composing the workforce or their disposition toward CSR. In these circumstances, organizations may miss out on the added value of CSR practices.Originality/valueThe important influence of CSR practices on employees’ attitudes and behaviors at work requires organizations to implement these types of actions. Therefore, the contextual factors that are most likely to aid in developing and maintaining these practices must be acknowledged. This paper seeks to offer a new perspective to managers and human resource managers regarding the implementation of CSR activities.

Corporate Social Responsibility:Ensuring Sustainable Human Resource Management Practices

Sustainable human resource management is an essential element for the success of the sustainable business model. Economic uncertainty, Globalization, tighter labour markets, development in technology, are critical challenges which are driving human resource professionals to adopt sustainable human resource practices to motivate and retain human capital for generating sustainable business in an economy. In this era of post global recession, the concept of increasing corporate wealth is widen and the objective of organizational success is aligned with sustainable growth . Corporations are using Corporate Social Responsibility (CSR) to strengthen its relationship among different stakeholders such as investors, customers, employees and government. CSR includes human resource management which deals with attraction recruitment and retention of employees, their professional development and thereby the organizational growth. Employees, being an essential part of every organization are greatly influenced by CSR of a company. Concerned with high employee turnover, employee absenteeism and employee motivation towards work and organization, companies are suggested to use of CSR to build better employee and organizational relations for improvement in performance. The paper seeks to analyse influence of CSR practices of Reliance Industries Limited on methods of managing human resources.

Corporate social responsibility and its impact on consumer behaviour - a consumer's perspective

Of late, corporate social responsibility (CSR) has become the edict for most businesses. However, there is no thorough measurement available on the impact of CSR initiatives on business performance yet, CSR is believed to have a positive relationship with a company's goodwill and thereby have a positive impact on consumer's behaviour. This empirical exploration embarks on investigating the influence of CSR practices on a company's image and reputation with special reference to fast moving consumer goods (FMCG) companies and, in turn, on public opinion relating to the business. Further, the study empirically examines the influence of CSR practices on a consumer's buying decision process and also validates if customers react to CSR activities in a similar way or does it vary as per different demographics.