Social Responsibility Practices Research Articles

Analysis of the Difference of CSR Reports between China and the US from the Perspective of Hofstede’s Cultural Dimension Theory

Corporate Social Responsibility (CSR) refers to the enterprise's responsibility to shareholders, employees, creditors, consumers, social welfare, as well as the environment and resources. The fulfillment of CSR by an enterprise helps to create a good reputation and brand image of the enterprise, which attracts investors and enhances the competitive advantage of the enterprise. As the official written report of corporate social responsibility disclosure, the CSR report most visually demonstrates the social responsibility philosophy and practice of an enterprise. However, due to the differences in cultures of different countries, the understanding and practice of CSR vary from country to country. This paper takes six Chinese and American companies in the banking industry that have been listed on the Fortune Global 500 list for 10 consecutive years from 2014 to 2023 to build a corpus sample of CSR reports, and with the help of the Lancsbox X corpus tool, this paper analyzes the keywords based on Hofstede's theory of cultural dimensions, and draws the following conclusions: China is a collectivist culture with high power distance, low tolerance for uncertainty, and long-term orientation, while America is an individualistic culture with low power distance, high tolerance for uncertainty, and short-term orientation.

The moderating role of environmental ethics in the effect of green innovation awareness on corporate social responsibility

Purpose The purpose of this study is to examine how green innovation awareness is integrated into corporate social responsibility (CSR) practices and what regulatory role environmental ethics plays in this process. This study evaluates how green innovation shapes the environmental, social and economic responsibilities of businesses and its impact on achieving sustainable development goals. Design/methodology/approach The population of this study consists of four field operation centers of a nuclear power plant operating in the Mediterranean Region of Turkey. The sample consists of 397 employees in the field operation center using simple random sampling method. Findings The findings of this study revealed positive and significant relationships between the variables. According to the results obtained from both models, green innovation awareness and environmental ethics variables have a positive and significant effect on CSR, but environmental ethics does not have a moderating role in the effect of green innovation awareness on CSR. Originality/value This study is important in that it will help to clarify the gray areas in the literature by developing recommendations for practitioners, researchers and professionals in line with the research results. In addition, the fact that the research was conducted in the field studies of a nuclear power plant, which is one of the best places to address the issues of green innovation, CSR and environmental ethics, increases its importance.

A Bibliometric Analysis on Corporate Social Responsibility in the Tourism Sector between 2018-2023

The tourism literature on corporate social responsibility has significantly expanded in the last decade due to the increased practices of tourism businesses. Tourism companies have implemented Corporate Social Responsibility (CSR) initiatives to promote economic and environmental benefits while demonstrating socially responsible behavior. Tourism companies generally have CSR initiatives that enhance environmental, economic, and social sustainability, involving strategies to promote positive impacts and prevent negative ones. This study aims to analyze the content of studies on CSR in the tourism sector from 2018 to 2023 in the Web of Science (Wos) database. Recent research on CSR has focused on organizational and stakeholder themes. Recent CSR research has shifted its focus from financial to customer-related concerns. Practitioners are urged to assess past corporate social responsibility efforts and create new initiatives in their respective fields. Academics should explore under-researched areas within the field to contribute to advancing CSR research. Seven potential research areas in the tourism sector have been suggested, including secondary stakeholders like residents, government, media, and activists; consequences and antecedents of corporate social responsibility practices; negative aspects of CSR; communication strategies; less explored contexts and topics; and innovative analytical approaches.

Strategic Innovations in Industry 5.0: Overcoming the Challenges of Industry 4.0

Introduction; The transition from Industry 4.0 to Industry 5.0 marks a significant evolution in the field of manufacturing and automation. Industry 4.0 introduced the integration of digital technologies, data analytics, and connectivity to optimize industrial processes and enable smart factories. However, Industry 5.0 takes this transformation to a new level by emphasizing the collaboration and interaction between humans and machines. Objective; While this industrial revolution holds immense potential for industrial growth, it also presents numerous challenges such as technical integration, human resource management, supply chain complexities, and data security concerns. However, the advent of Industry 5.0 promises to address these challenges head-on. Industry 5.0 introduces innovative technologies like predictive maintenance, hyper customization, cyber-physical cognitive systems, and collaborative robots. By prioritizing a human-centric approach, Industry 5.0 successfully overcomes the hurdles encountered in Industry 4.0, paving the way for a more efficient and collaborative future in the industry. Method; This paper investigates the evolution from Industry 4.0 to Industry 5.0, focusing on the distinctive features and advancements that characterize these industrial transformations. It examines the underlying principles, cutting-edge technologies, and their broader implications, emphasizing both the opportunities and challenges they present to industries and society. Result; It addresses the socio-economic ramifications of these advancements, including their potential to reshape manufacturing processes, improve efficiency, and foster sustainability. Conclusion; The paper provides valuable insights into the trajectory of industrial innovation. It highlights how these developments promise a transformative impact on the future of manufacturing, aligning technological progress with ethical considerations, social responsibility, and sustainable practices

Gender effects in the practices of corporate social responsibility in micro, small and medium-sized enterprises of Quintana Roo, Mexico

Gender effects in the practices of corporate social responsibility in micro, small and medium-sized enterprises of Quintana Roo, Mexico

The impact of corporate social responsibility practices on customer purchase intention of clothing industry: An integration of triple bottom line and ISO2600

Corporate social responsibility (CSR) has gained research attention as the result of the Sustainable Development Goals (SDG), which focus on responsible consumption and production (SDG-12). However, previous studies mainly focused on Carroll’s pyramid of CSR and other facets of CSR practices need to be further explored. The objective of the study is to examine the impact of CSR practices on customer purchase intention in the clothing industry by integrating the Triple Bottom Line (TBL) model and ISO26000 best practices with the Signalling theory as the theoretical foundation. Through an online survey, a total of valid 182 responses were obtained via purposive sampling. Multiple regression was utilized for data analysis. The results show that economic CSR had the strongest impact on customer purchase intention, followed by environmental, social, and customer issues. Surprisingly, there was no significant impact between fair operating practices and customer purchase intention. The current study is unique by integrating the TBL framework with the customer-related ISO26000 CSR practices in a single framework and utilizing the Signalling Theory as the underpinning theory to explain the relationships, which is novel in an emerging market. The results provide insightful implications to the clothing company's management to emphasize the (social, economic, environmental, and customer issues) CSR attributes to guarantee business sustainability and attract consumers in this competitive marketplace.

Common Institutional Ownership and Corporate Green Transition: Promotion or Inhibition?

ABSTRACT In recent decades, China’s rapid economic growth has been accompanied by increasingly severe environmental challenges. To address these issues and achieve sustainable development, enterprises have actively pursued green transition and technological upgrades. This study explores the relationship between common institutional ownership and corporate green transition by analyzing data from Chinese listed companies spanning 2007 to 2020. The findings reveal that common institutional ownership significantly promotes green transition, primarily through improvements in corporate social responsibility (CSR) practices and advancements in digital transformation. Further analysis identifies environmental regulations and analyst attention as critical moderating factors influencing this relationship. These findings suggest that companies should actively collaborate with institutional investors to accelerate green transition efforts, while policymakers should design targeted incentives and regulatory frameworks to facilitate this process.

Evaluating corporate sustainability and ethical practices in logistics: A case study of Kerry Logistics Network Limited

This study evaluates the sustainability and ethical practices of Kerry Logistics Network Limited (KLN), a prominent logistics service provider headquartered in Hong Kong. Using normative ethical theories, stakeholder analysis, and the Circle of Sustainability framework, this research examines KLN’s alignment with global sustainability standards, particularly the United Nations Sustainable Development Goals (SDGs). The findings reveal that KLN has achieved significant milestones in environmental management, such as reducing greenhouse gas emissions by 11% from 2021 to 2022 through the deployment of electric trucks and incorporating renewable energy in warehouse operations. KLN has also enhanced social responsibility and governance practices by implementing fair labor policies and establishing a rigorous code of conduct, ensuring compliance with ethical guidelines across its supply chain. However, the study identifies areas for improvement, including biodiversity actions, battery recycling processes, and transparency in stakeholder engagement. Emphasizing the importance of third-party validation, this paper underscores KLN’s leadership in the logistics industry and provides insights for other companies aiming to improve sustainability performance through comprehensive, verifiable practices.

Market & Financial Performance of Selected Chinese Technology Companies in Jiangxi Province: A Proposed Sustainable Market Positioning Strategies

The main goal of this study is to propose sustainable market positioning strategies for Chinese technology companies in Jiangxi Province, based on the relationship between market positioning strategies and financial performance. The study employs quantitative methods, surveying 300 participants from 30 technology companies in Jiangxi Province, using the Raosoft sample size calculator to ensure a representative sample. The findings reveal a significant relationship between market share and profitability, with higher market shares being associated with increased ROI, ROE, and ROA. Furthermore, market positioning strategies significantly influence profitability, especially in terms of benefit goals, market objectives, and location suitability.Based on the results, a sustainable market positioning strategy is proposed, focusing on enhancing digital marketing, product innovation, and integrating corporate social responsibility(CSR) practices to strengthen market competitiveness.

The practice of social responsibility at Polish universities: a study of current trends

Background: Multidimensionality, as well as the potential benefits of social responsibility of universities (SRU) described in the literature, prompts in-depth research into the actual implementation of this concept by universities. In Poland, it is only since 2017 that higher education institutions have started to declare the implementation of its principles. Research objectives: The aim of this article is to present the results of research concerning the practical implementation of the idea of social responsibility at Polish HEIs. The literature review was supplemented with empirical research based on the analysis and evaluation of information on SRU available on HEIs’ websites (random selection was used for this purpose). The research was conducted in the period July-September 2023. Research design and methods: A review of the literature on the subject was supplemented with empirical research. The research was based on the analysis and evaluation of information on SRU available on the websites of higher education institutions. It was conducted in the period July-September 2023, and a random selection of institutions that had signed the Declaration of Social Responsibility of Universities between 2017 and 2022 was evaluated. Results: The research resulted in a list of good practices, as well as recommendations for improvement measures for universities that have formally declared the implementation of SRU principles in practice. Conclusions: Higher education stakeholders (internal and external), especially management, have a decisive influence on the practical implementation of the SRU concept. It is their awareness and determination that determines whether social responsibility will be developed in a real and tangible way by all university partners.

A STUDY ON CORPORATE SOCIAL RESPONSIBILITY (CSR) IN INDIA - ISSUES AND CHALLENGES

CSR as an important topic of public policy has taken a crucial position in the Indian corporate landscape, as it has established a sustainable connection with society at large alongside the rising socio-regulatory pressures. The concept of social responsibility posits that an organization or individual has a duty to act in ways that benefit society as a whole. Social responsibility encompasses the obligation of every individual or organization to carry out actions that ensure a balance between economic growth and ecological sustainability. The initial mention of the term corporate social responsibility appeared in the document ‘Social Responsibilities of Business’ penned by William Bowen in 1953. In India, there has been a continual close business engagement with social issues for the purpose of national development, referred to as social duty or charitable contributions, philanthropy, and community service, now specifically labeled as CSR. foundation. The primary aim of this research is to examine the attitudes towards Corporate Social Responsibility (CSR) among the upcoming business leaders of India. In India, companies such as Tata and Nestle have been engaging in Corporate Social Responsibility (CSR) for decades, well before CSR became a well-known concept. Despite having such prominent examples, Corporate Social Responsibility (CSR) in India is currently in a very nascent stage. Numerous large corporations are conducting these Corporate Social Responsibility (CSR) initiatives superficially and showcasing these efforts in the media. This research paper revolves around finding and reviewing the issues and challenges faced by Corporate Social Responsibility (CSR) practices in India.

Corporate social responsibility and sustainable development goals in higher education: a literature review from 2014 to 2023

Purpose Corporate social responsibility (CSR) and the sustainable development goals (SDGs) have multiple interactions with higher education institutions (HEIs), and CSR strategies present a remarkable importance for companies and society, being necessary for universities to provide teaching and research within this topic. The purpose of this paper is to analyze the practical implications of the implementation of sustainability concepts in HEIs and, by extension, in society. Design/methodology/approach A sample formed by papers obtained from WoS (Web of Science) and Scopus databases was used (34 papers from WoS and 30 papers from Scopus). Both bibliometric and content analysis were performed to better understand the main characteristics of the sample, such as the most prolific countries and universities, as well as the main practical implications of each of the 64 papers analyzed. Findings The findings show the state of the art of the literature about sustainability and responsible management education published between 2014 and 2023. This paper also reports results like the most prolific authors and universities, the most cited papers and authors and the yearly production of papers, among other data. Implementing CSR and sustainability courses in HEIs curricula has a plurality of practical implications for businesses, the academic institutions and for society. Research limitations/implications The sample is limited because it is formed of papers written in English only, and that affects the productivity figures of both Spanish and Latin American universities. Having used a single piece of software for bibliometric analysis also limits the scope and depth of the results. Practical implications By analyzing a sample of 64 papers with different practical implications, this paper offers important data and practical ideas for HEIs to implement sustainability and responsible management education in their curricula, as well as of University Social Responsibility (USR) practices implementation. The paper also offers some insight into practical experiences with sustainability education for both undergraduate and graduate students, as well as advice for policymakers. Originality/value The paper’s originality and value are trifold: First, it links CSR and the SDGs with HEIs. Second, it combines a bibliometric analysis with a content analysis, creating added value for the research. And third, this paper studies the effect of the impact of CSR both in HEIs and in society.

From commitment to action: unraveling the pathways from top management commitment to environmental sustainability in the Chinese banking sector

This study examines the relationships between top management commitment (TMC), green investment (GI), corporate social responsibility (CSR) practices, environmental strategy (ES), and their collective impact on environmental sustainability performance (ESP) within the banking sector in China. Grounded in stakeholder theory, the research employed a structured online survey, targeting employees of Chinese banking institutions. The data were collected from a sample of 373 respondents and subsequently analyzed using structural equation modeling (SEM). The key findings revealed that TMC positively influences GI, CSR practices, and ES within the scrutinized institutions. Furthermore, GI was found to significantly enhance ESP, CSR practices, and ES. Additionally, both CSR practices and ES positively influenced ESP, while also serving as full mediators in the relationship between GI and ESP. The findings of this study provide both theoretical contributions and practical implications for researchers, practitioners, and policymakers in the domain of organizational environmental sustainability. This study significantly advances the understanding of how leadership commitment and strategic investments interact to drive environmental sustainability within the banking sector.

Comparative Analysis of Social Responsibility of Business in Kazakhstan and Developed Countries

Corporate social responsibility of business is a crucial component both for increasing its competitive advantages and for achieving sustainable development goals. In this regard, the study of the principles of social responsibility among different companies is relevant. Thus, the study aims to investigate the reasons for the current pace of development of corporate social responsibility in Kazakhstan. Sociological analysis, as well as elements of economic analysis, comparison of fundamental concepts and modern approaches to the study of corporate social responsibility were used. The study demonstrated that a prerequisite for the long-term and effective functioning of a business is an understanding of the dependence of financial indicators on the company image quality in front of investors, top management, consumers, and the public, which creates the necessary background of trust in a business that can be achieved by using the theory of reasonable corporate egoism in corporate social responsibility practice, as well as the implementation of integrated reporting. Furthermore, the research analysed statistical data that describes the level of corporate social responsibility in Kazakhstan and other countries. Based on the analysis, factors that influence the formation of corporate social responsibility in the country were identified, and practices that can be used in Kazakhstani business practices to improve the situation in the context of corporate social responsibility were described. The results obtained bring new knowledge for understanding the peculiarities of companies’ activities in the context of approaches to corporate social responsibility.

Framework on employee involvement and commitment on corporate social responsibility practices among the Agri Tourism farm sites in CALABARZON region

Framework on employee involvement and commitment on corporate social responsibility practices among the Agri Tourism farm sites in CALABARZON region

Evolving Corporate Social Responsibility Practices and Their Impact on Social Conflict

This study investigates Corporate Social Responsibility (CSR) activities in Baotou, Inner Mongolia, emphasising the shift from a state-owned business (SOE) to a multinational corporation (MNC) and its impact on community relations and social conflict. The research employs the CSR 2.0 strategy, transitioning from conventional charity to partnership-oriented efforts, using qualitative data obtained from semi-structured interviews with local stakeholders. The results indicate that while the multinational corporation has sought to enhance openness and community involvement, persistent concerns over environmental harm and unfulfilled development commitments continue to erode confidence and exacerbate social tensions. Moreover, the MNC's CSR initiatives often prioritise trained labour from external sources, resulting in local discontent and scepticism over the efficacy of CSR in addressing entrenched problems. Policy proposals emphasise the need for robust CSR rules, open reporting, and coordination among firms, governments, and civil society to facilitate sustainable community development. This study underscores that CSR programs must proactively confront historical challenges and be tailored to local situations. Additional study is required to investigate conflict-sensitive CSR strategies in diverse countries, with the objective of alleviating social tensions in resource-dependent communities and fostering more sustainable industrial practices.

THE EFFECT OF TANGIBLE ASSETS AND GREEN INTELLECTUAL CAPITAL ON PROFITABILITY: THE MEDIATING ROLE OF ESG PERFORMANCE (STUDY ON GO PUBLIC COMPANIES IN INDONESIA)

Integrating sustainable practices into business strategies is essential for enhancing economic performance and mitigating environmental impacts. In Indonesia, where economic growth and environmental sustainability are critical, this study examines the impact of tangible assets (TA) and green intellectual capital (GIC) on the profitability of publicly listed companies. The research investigates how tangible assets and green intellectual capital influence company profitability through the mediating role of ESG (Environmental, Social, Governance) performance. The study uses a dataset of 363 observations from 122 companies listed on the Indonesia Stock Exchange from 2020 to 2023. Path analysis is employed using RStudio to examine the relationships between tangible assets, green intellectual capital, ESG performance, and profitability (measured by ROA). The findings reveal a significant positive relationship between tangible assets and ESG performance, indicating that companies with substantial tangible assets are better equipped to implement sustainable practices. However, GIC does not show a significant direct impact on ESG performance or profitability (ROA). The mediation analysis underscores the critical role of ESG performance in enhancing profitability, demonstrating a significant positive effect on ROA. This suggests that ESG practices are essential in translating tangible and intellectual resources into financial gains. Despite the non-significant direct effects of GIC, its contribution through improved ESG performance highlights the importance of integrating green intellectual capital into corporate strategies for long-term profitability and sustainability. These findings offer valuable insights for corporate managers and policymakers, emphasizing the need for investments in tangible assets and green intellectual capital to foster sustainable practices and improve financial outcomes. The research underscores the importance for companies to focus on corporate social responsibility, environmental, and governance practices. Implementing ESG concepts helps companies build a good reputation, attract investors, achieve operational efficiency, and ensure long-term sustainability. This study supports the implementation of robust ESG frameworks to achieve both economic and environmental goals.

Impact of Urban Digital Economy on ESG Performance: Do Technological and Business Model Innovation Matter

The rapid development of the digital economy is a critical national strategy for the Chinese government, with the establishment of digital economy platforms as a key component. Simultaneously, both the government and enterprises have embraced the concept of sustainable development. Since corporate environmental, social, and governance (ESG) performance serves as a crucial micro-indicator of sustainability, it is essential to investigate whether the digital economy platforms developed by the Chinese government can enhance the ESG performance of relevant companies. This paper first examines the impact of urban digital economy platform construction on corporate awareness of ecological and environmental protection, social responsibility, and governance practices. It then proposes two primary mechanisms—technological innovation and business model innovation. Finally, empirical evidence is presented based on a sample of 107 urban CSI 300-listed companies in China, using data from 2015 to 2019. The analysis yields three key findings: (1) the construction of urban digital economy platforms significantly improves the ESG performance of companies in the region; (2) the impact on the social subindex is not significant, but the effect is more pronounced in non-state-owned enterprises, the manufacturing sector, and the eastern region; and (3) business model innovation plays a more significant role in driving ESG performance compared to technological innovation. This study contributes to the understanding of how digital economy platforms influence corporate ESG performance.

Corporate social responsibility and firm performance: the role of firm reputation

Purpose This study aims to examine the role of firm reputation as a mediator in the relationship between corporate social responsibility and firm performance, along with the underlying mechanism. Design/methodology/approach This research is quantitative research that aims to explain the phenomenon of the relationship between the implementation of corporate social responsibility and firm performance. A total of 573 companies listed on the Indonesia Stock Exchange for the 2019–2021 period were sampled in this study. The analysis method in this study combines time series data and cross-section data called pooled data. Findings This research found a significant positive association between corporate social responsibility and firm reputation as well firm reputation is positively related to firm performance. In contrast, corporate social responsibility directly affects firm performance insignificantly. Based on the analyses, firm reputation mediates the effect of corporate social responsibility on firm performance. Research limitations/implications This study is limited due to its reliance on secondary data related to publicly listed companies from 2019 to 2021, which involves various downsides, that is many businesses still have not disclosed their engagement in corporate social responsibility practices. This study will ultimately yield practical implications for organizational managers, as it emphasizes the significance of corporate social responsibility in enhancing firm success. Originality/value The research presented in this paper contributes to the existing body of knowledge on corporate social responsibility by examining the impact of corporate social responsibility on firm performance. Furthermore, this study provides additional evidence for shared value creation by explaining the impact of corporate social responsibility on firm performance.

Exploring barriers to corporate social responsibility policy and practices in India: an empirical analysis

Exploring barriers to corporate social responsibility policy and practices in India: an empirical analysis