Role Of Corporate Social Responsibility Research Articles

Corporate Social Responsibility Disclosure as an Agency Cost Reduction Mechanism for Investment Decisions in the Apparel & Textile Sector

This study examines the role of Corporate Social Responsibility (CSR) disclosure as a mechanism to reduce agency costs and improve investment decisions in Indonesia’s apparel and textile sector. Using data from publicly listed companies on the Indonesia Stock Exchange (IDX) from 2020 to 2024, the research employs a quantitative approach with panel data regression and mediation analysis conducted using EViews software. CSR disclosure, measured through a CSR Disclosure Index, serves as the independent variable, while agency costs, assessed via operating and administrative expense ratios, function as the mediating variable. Investment decisions, the dependent variable, are evaluated using financial indicators such as Net Present Value (NPV), Internal Rate of Return (IRR), Return on Investment (ROI), and capital expenditure allocation efficiency. The findings reveal that CSR disclosure significantly reduces agency costs by enhancing transparency and accountability, thereby mitigating conflicts between shareholders and managers. Additionally, CSR disclosure positively impacts investment decisions, with agency costs partially mediating this relationship. These results align with agency theory, demonstrating the value of CSR practices in improving corporate governance and investment efficiency. However, the partial mediation effect suggests that other factors, such as market dynamics and regulatory frameworks, may also influence the CSR-investment relationship. This study contributes to the literature by validating agency theory in the context of CSR and investment decision-making in an emerging market setting. It provides practical implications for policymakers and practitioners, emphasizing the importance of standardized CSR reporting to foster better governance and financial performance. Future research should explore additional mediators and expand the scope to other industries and regions to generalize the findings further

Modeling the antecedents and mechanisms that promote frugal innovation: the role of servant leadership and corporate social responsibility

Purpose The purpose of this study is to investigate the impact of servant leadership on frugal innovation through the mediating role of corporate social responsibility to employees. Design/methodology/approach This study used a quantitative research method and structural equation modeling to test hypotheses in the proposed research model based on a sample of 325 Vietnamese firms. Findings The research findings indicated that five dimensions of servant leadership including empowerment, humility, standing back, stewardship and authenticity are positively related to frugal innovation. Moreover, corporate social responsibility to employees partially mediates the connections between five servant leadership’s dimensions and frugal innovation. Research limitations/implications This study provides important insights and a novel approach for leaders of Vietnamese small and medium-sized firms to improve their firms’ frugal innovation capability through leadership practice and corporate social responsibility to employees. Originality/value This study significantly fills research gaps in the literature and advances the understanding of how servant leadership promotes corporate social responsibility to employees to improve frugal innovation.

Effects of digital media development on corporate financial behavior: Moderating role of corporate social responsibility

Effects of digital media development on corporate financial behavior: Moderating role of corporate social responsibility

Exploring The Impact Of CSR On Sustainability Performance: The Role Of GSCM As A Mediator

Purpose: This study aims to explore the role of Corporate Social Responsibility and Green Supply Chain Management (GSCM) in achieving Sustainability Performance in mining companies in Indonesia. Specifically, this study aims to analyze the extent to which CSR contributes to Sustainability Performance and how GSCM acts as a mediator in the relationship between CSR and Sustainability Performance. With a focus on the mining sector in Indonesia, this study aims to strengthen the understanding of the strategic role of CSR and GSCM in supporting the sustainability of company operations. Methodology/approach: This research uses quantitative methods. The research population includes 71 companies that fulfil the sustainability criteria, with a total sample of 183 purposively selected companies. Secondary data from financial reports on the IDX were analysed using Stata. Findings: The results showed that CSR and Green Supply Chain Management have a significant effect on Sustainability Performance. CSR also has a significant influence on Green Supply Chain Management. However, Green Supply Chain Management is not proven to have a mediating effect on Sustainability Performance. Practical implications: The practical implications are emphasis on statutory compliance, integration of sustainability in company operations, and continuous innovation. Originality/value: Different from previous research that focuses more on Small and Medium Enterprises (SMEs) in other countries such as Vietnam, this research specifically focuses on the mining sector in Indonesia, given the significant environmental and social impacts of mining activities on surrounding communities.

Managerial Incentives and Firm Risk Taking: The Mediating Role of Corporate Social Responsibility

In this study, we focus on managerial incentives provided by debt-like compensation and further investigate whether and to what extent such managerial incentives may affect CEOs’ decisions on risk management. Building on cumulative prospect theory and instrumental stakeholder theory, we propose that CEOs tend to have risk-reduction incentives if they are paid with debt in their own firms, and that firm engagement in corporate social responsibility (CSR) activities can mediate the relationship between debt-like compensation and firm risk taking. In addition, we posit that the mediated relationship between CEO debt-like compensation and firm risk taking is contingent, and we propose environmental dynamism and munificence as two such contingencies that moderate the mediated process. Using a large longitudinal dataset of nonfinancial U.S. firms, we document strong supportive evidence for these hypotheses.

Exploring the Role of Public Libraries in Environmental Sustainability Through Corporate Social Responsibility: A Survey Across Nigerian Geopolitical Zones

ABSTRACT This study examines the role of Corporate Social Responsibility (CSR) initiatives provided by private organizations in supporting public libraries’ contributions to environmental sustainability in Nigeria. A qualitative research design was employed, using purposive sampling to select 12 key stakeholders, including six senior librarians from public libraries and six CSR representatives from corporate organizations across Nigeria’s six geopolitical zones. Data were gathered through semi-structured interviews and analyzed using narrative analysis. Findings reveal that libraries in the South-West and North-Central zones benefit from CSR-supported community clean-ups and tree planting initiatives, while libraries in the South-South have received CSR aid for green energy solutions, such as distributing solar-powered reading lamps. However, libraries in resource-constrained regions, such as the North-East and North-West, face challenges due to security concerns, limited CSR sponsorship, and inadequate funding. These findings highlight regional disparities in CSR-supported environmental initiatives and underscore the need for stronger corporate partnerships to enhance sustainability efforts in Nigerian public libraries. The study recommends expanding CSR collaborations, securing alternative funding sources, and developing structured CSR implementation frameworks to ensure the long-term sustainability of environmental initiatives in libraries.

Financial Performance as Mediator: The Role of Corporate Social Responsibility, Audit Quality, and Financial Distress in Islamic Finance Tax Aggressiveness

<p>This study aims to examine the influence of Corporate Social Responsibility (CSR), audit quality, and financial distress on tax aggressiveness with financial performance as a mediating variable. This research employs quantitative methods with a sample size of 168 companies listed on the Indonesian Sharia Stock Index (ISSI) from 2020-2022. Data were processed using multiple linear regression, and Sobel tests for mediation analysis. The results show that CSR and audit quality have a significant positive influence on financial performance. Meanwhile, financial distress has a significant negative effect on tax aggressiveness. CSR has a significant negative influence on the Effective Tax Rate (ETR). Audit quality has a significant positive influence on ETR, and financial distress also has a significant positive effect on ETR. Meanwhile, financial performance has not been proven to mediate CSR against tax aggressiveness. Theoretically, these findings suggest that financial performance is not a significant channel for understanding how CSR affects tax aggressiveness. In practical terms, this means that when a company conducts CSR activities, its impact on the tax strategy is not mediated by how well the company performs financially.</p>

Role of Corporate Social Responsibility in the Financial Sustainability of Sports Organizations

Corporate social responsibility (CSR) has gradually more important for sports organizations as they seek to improve their financial sustainability. A growing number of sports organizations are recognizing the strategic value and potential benefits of CSR and are implementing CSR initiatives into their operations. The study explores the impact of CSR on the financial sustainability of sports organizations. Through a complete assessment of the literature and analysis of relevant data, the study examines the impact of various CSR initiatives, such as sponsorship and funding, charities through partnerships, organizational commitment, and stakeholder satisfaction on the financial sustainability of sports organizations. Furthermore, the study analyzes the impact of external factors, such as global economic recession and proper fund utilization on the financial sustainability of sports organizations. The findings reveal that proper implementation of CSR initiatives can positively impact the financial sustainability of sports organizations. CSR partnerships with charitable organizations can provide an effective way for sports organizations to improve their social profile, while also helping to generate revenue and financial stability. The study also highlights the significance of stakeholder satisfaction and organizational commitment towards CSR activities in improving financial sustainability. The outcome of this study underscores the importance of CSR in the financial sustainability of sports organizations and provides insights into how sports organizations can leverage CSR to improve their long-term financial sustainability while also benefiting society at large. The findings show that factors, such as sponsorship and funding, proper fund utilization, global economic recession, charities through CSR partnerships, organizational commitment to CSR activities, and stakeholder satisfaction have a significant impact on the financial improvement of sports organizations. The factor “improving social profile” doesn’t have an impact on the financial improvement of sports organizations.

The aspects of Corporate Social Responsibility in the Management of SMEs

The purpose of this study is to explore the role of corporate social responsibility (CSR) in the management of SMEs. Corporate Social Responsibility is an important factor of businesses and involves social and environmental issues. It deals with the internal and external environment of enterprises and aims at their continuous development. It helps the companies to be accountable to shareholders and stakeholders. The aim of the paper is to exprore corporate social responsibility in business management, the specific features of this, the approach of the organization of the parties involved. The methodology used is based on bibliographic research, text analysis and the linking of findings from research to the current state of affairs. The expected results of the study are focused on the necessity of the SMEs to take initiatives to improve the quality of corporate social responsibility and the importance of changes in these organizational structures in order to gain more responsibility and effectiveness. Also, it seems that there is a positive correlation between CSR and performance. The above findings can help to inform the public about the current situation of small and medium-sized enterprises and identify the causes of delays in the development of better corporate social responsibility in the business environment.

CEO narcissism and financial performance: the role of corporate social responsibility

PurposeThis study investigates the intricate relationship between chief executive officer (CEO) narcissism, corporate social responsibility (CSR) and financial performance, focusing on the Indonesian business context. Leveraging upper-echelons theory, the research posits that CEO narcissism significantly predicts both CSR initiatives and firms' financial performance. Additionally, it explores CSR as a potential mediator in the link between CEO narcissism and financial performance, with particular focus on the CEO’s involvement in recommending CSR activities.Design/methodology/approachA sample of 644 observations was analyzed, revealing that narcissistic CEOs tend to lead firms with higher CSR engagement, which in turn is positively related to financial performance as measured by Tobin’s Q.FindingsRegression models indicate that while CEO narcissism directly related to firm performance, the inclusion of CSR as a variable significantly strengthens this relationship. The indirect association analysis further confirms that CSR mediates the relationship between CEO narcissism on firm performance.Originality/valueThese findings contribute to the literature by elucidating the dual relationship of CEO narcissism on organizational outcomes and by highlighting the role of CSR in enhancing financial performance. This study also underscores the importance of considering cultural and institutional contexts in understanding the dynamics between executive personality traits and corporate strategies.

Role of Corporate Social Responsibility on Corporate Image - A Study with Special reference to Bangalore

Businesses utilize (CSR) as a strategic method to handle ethical practices while developing positive reputation.(CSR) supports corporate decision making by combining ethical duties with reputation growth. In Bangalore's technology-driven market companies must build trust through responsible behavior to stand out in the competitive business environment. We base our study on published research and actual field data to explain how social responsibility practices influence what stakeholders think of a company's public image. This work studies how environmental protection, employee care, ethical leadership, and community engagement boost the business image through CSR initiatives. When companies maintain clear CSR policies they build stronger relationships with stakeholders who show higher loyalty to the brand as well as better employee satisfaction and trust in the organization. Organisations earn more trust when they effectively blend CSR activities into their business operations. The study shows CSR works beyond simple donations by connecting business purposes with helpful social initiatives. Aside from resource shortages and stakeholder mistrust the study points out how organizations can integrate CSR more effectively into their basic business operations. The research shows how social responsibility helps businesses build better reputations when they compete in Bangalore's competitive market. The findings provide valuable guidance to policy leaders, business managers, and academic scholars who want to launch CSR programs that benefit both business sustainability and society.

CSR as a buffer or backfire in brand transgressions: a motivated reasoning perspective

PurposeThis paper aims to reconcile conflicting findings about the role of corporate social responsibility (CSR) in counteracting the negative impacts of brands’ ethical transgressions by testing the moderating role of self-brand connection (SBC).Design/methodology/approachDrawing on motivated reasoning theory, this paper posits that high- and low-SBC consumers’ information processing and moral judgment are driven by distinct goals: to reach desired versus accurate conclusions, respectively. Five experiments were conducted to test whether CSR efforts can mitigate the impact of blatant ethical transgressions.FindingsCSR allows high-SBC consumers to evaluate brand transgressions more favorably, as CSR serves as counterfactual evidence that reinforces their beliefs in the brand’s morality. In contrast, low-SBC consumers view CSR as hypocritical, leading to more negative responses. Increased perceptions of brand morality (hypocrisy) mediate CSR’s buffering (backfiring) effects among high- (low-) SBC consumers.Research limitations/implicationsThis paper does not control for the effect of the time gap between CSR and ethical transgressions even if buffering effects of CSR could be faded out as memories recede.Practical implicationsBrand transgressions may be inevitable events, but firms or managers can alleviate the negative impact of transgressions by engaging in CSR activities. In doing so, they need to make clear to whom they will appeal using CSR information considering its backfiring effects among low-SBC consumers.Originality/valueFew studies have examined when and how CSR attenuates or exacerbates the negativity of brand transgressions with a strong theoretical framework. This paper, grounded in motivated reasoning theory, explains how the same CSR initiative can yield opposing outcomes based on the consumer’s self-brand connection. Rather than solely exploring how strong consumer-brand relationships buffer brand transgressions, this research shows how high-SBC consumers biasedly seize CSR information to justify brand transgressions, even when they are blatant.

The Impact of Corporate Social Responsibility Disclosure on Company Performance

This study expands on the influence of Corporate Social Responsibility disclosure on firm performance, with a particular focus on advertising intensity as a moderating variable. Using a quantitative research approach, we employ multiple linear regression analysis to examine the relationship between financial performance and Corporate Social Responsibility practices. The sample consists of Indonesian public companies listed in the LQ45 index from 2019 to 2022. Our findings reveal that concealing Corporate Social Responsibility has a positive impact on firm performance, highlighting the beneficial effects of transparent Corporate Social Responsibility practices. However, advertising intensity does not moderate the relationship between Corporate Social Responsibility disclosure and firm performance. These results suggest that while disclosing Corporate Social Responsibility itself improves firm performance, the level of advertising intensity does not change this relationship. This study contributes to the understanding of the role of Corporate Social Responsibility in corporate strategy and offers insights for managers and policymakers in emerging markets such as Indonesia. Future research should explore additional moderating variables and expand the analysis to other market contexts to further validate these findings.

Role of Corporate Social Responsibility on Empowerment of Women through Education

Role of Corporate Social Responsibility on Empowerment of Women through Education

Idiosyncratic risk and capital structure: the mediating role of corporate reputation and moderating role of corporate social responsibility

Idiosyncratic risk and capital structure: the mediating role of corporate reputation and moderating role of corporate social responsibility

Female executives and corporate brand competitiveness: The mediating role of corporate social responsibility

Female executives and corporate brand competitiveness: The mediating role of corporate social responsibility

Corporate social responsibility management for sustainable development: A systematic literature review

This study aims to explore the role of corporate social responsibility (CSR) management in promoting sustainable growth. Using content and descriptive analysis, the study examines secondary data from research articles published in reputable journals. Key challenges in CSR management include aligning business goals with social and environmental objectives, evaluating the effectiveness of CSR initiatives, and addressing skepticism or resistance from stakeholders. The integration of CSR practices is essential for businesses to enhance their reputation and build trust with stakeholders, such as customers, employees, and investors. By addressing social, environmental, and economic issues, companies can foster sustainable development and strengthen community relationships. CSR practices also help businesses manage risks, comply with regulations, and avoid legal issues. Additionally, CSR initiatives can drive innovation by encouraging the creation of sustainable products and services, improve employee morale, and attract talent seeking socially responsible workplaces. Ultimately, CSR contributes to long-term value creation, enhances market competitiveness, and positions companies as leaders in ethical and responsible business practices.

CORPORATE CITIZENSHIP OF THE COMMERCIAL SECTOR: REPRESENTATIONS OF RUSSIAN STUDENTS

<p>In the modern world, commercial organizations are increasingly involved in addressing social issues within society. Recently, the topic of business engagement in solving social problems has been developing in Russia, with a focus on demographic policy. The aim of our research is to analyze university students' attitudes toward business as a subject of social problem-solving. We conducted group interviews with students from the largest regional university in Russia, during which the following aspects were discussed: attitudes toward the commercial sector, assessment of business contributions to national development, selection of the most "good" companies, perceptions of public authorities' attitudes toward business, and visions of the future with the increasing role of corporations. According to students, the primary role of business lies in job creation, meeting citizens' needs, and social responsibility. Students' opinions diverged regarding the state's attitude toward the commercial sector: on one hand, authorities use businesses for their own interests; on the other hand, the state and business are seen as partners. Respondents envision three main future scenarios: societal development, lack of change, and monopolization; they do not include increased social responsibility of businesses in their future scenarios. The results indicate a low level of understanding among students regarding the role of corporate social responsibility in societal development, a lack of comprehension about these practices, and the connection between specific practices and corporate citizenship principles. This highlights the significance of promoting awareness among the youth community about the importance of businesses - future employers - aligning with corporate citizenship principles.</p>

CSR and its impact on employees’ emotions: social information processing

Purpose This study aims to investigate the role of corporate social responsibility (CSR) in reducing employees’ negative emotions. Based on social information processing, a new conceptual framework was developed and tested in the Indian context. Design/methodology/approach Cross-sectional design was used in the study. A total of 240 managers of financial institutions were surveyed through a self-administered questionnaire, and the responses were collected using a convenience sampling technique. Findings The findings indicated that CSR induces compassion and reduces employees’ negative emotions. Contrary to expectations, compassion did not emerge as a mediator in the relationship between CSR and negative emotions. Originality/value The findings contribute to the literature by scrutinizing the persuading influence of CSR on employees’ negative emotions directly and indirectly through compassion. Furthermore, this study also tested the moderating effects of positive emotion in the relationship between CSR and negative emotions. The linkage between CSR and negative emotions was established by introducing the social information processing mechanism, adding another novelty to the literature.

The role of social quality in enhancing total quality management: An assessment through corporate social responsibility and business ethics

This study explores the role of Corporate Social Responsibility (CSR) and Business Ethics (BE) in enhancing Social Quality (SQ) within the framework of Total Quality Management (TQM). The primary objective is to analyse how CSR and BE contribute to the development of SQ, focusing on the interconnectedness of these concepts and their practical implications for business performance. A qualitative research design was employed, utilising a content analysis approach to systematically examine data from corporate reports, academic literature, and case studies. The findings reveal that CSR and BE are critical in fostering SQ by promoting brand reputation, stakeholder trust, employee engagement, and operational efficiency. Furthermore, companies that align their strategies with international standards such as ISO 26000, SA8000, and SEDEX achieve higher levels of SQ and sustainability. This study contributes to the existing literature by presenting a holistic framework that links CSR, BE, and SQ, offering theoretical and practical insights for businesses, policymakers, and researchers. The implications of this study highlight the necessity for companies to integrate CSR and BE into their TQM practices to achieve sustainable development and long-term value creation.