Corporate social responsibility and international business. The results of quantile regression analysis show that the economic dimension of corporate social responsibility and the prestige driver of brand equity are positive and significant for all the quantiles. International journal of corporate social responsibility. Corporate social responsibility is a process that is concerned with treating the stakeholders. Crosby 1997, corporate social responsibility as a social obligation holds the view that a corporation engages in socially responsible behavior when it pursues profit only within the constraints of law. Four years earlier, some 40 international drug companies had filed suit to block implementation of a law in south africa that would allow the.
To realize that mission requires more than providing products and services that let our customers do great things. The area defined by advocates of csr increasingly covers a wide range of issues such as plant closures, employee relations, human rights, corporate ethics, community relations and the. Business ethics, corporate social responsibility and corporate governance. The brand extension driver provides a significant positive effect at the higher quantiles of firm performance. Research into corporate social responsibility csr in ghana generally, has seen increased scholarly attention but same cannot be said of the specific area of csr and international business ib, ironically th. Corporate social responsibility and corporate sustainability. Corporate social responsibility introduction the debate about corporate social responsibility csr began in the early 20th century, as concerns about large corporations and their power came to the fore. There is a long and varied history associated with the evolution of the concept of corporate social responsibility csr. Though the concepts of corporate social responsibility csr and governance cg have been evolving for decades, no single allencompassing meaning has as yet been achieved. The effects of corporate social responsibility on brand.
Our paper draws inspiration from the interpretation of freemans 1984 normative stakeholder theory as cited in parmar et al 2010. This paper seeks to explore the interrelationship between csr and cg and its. Your story matters citation cheng, beiting, ioannis ioannou, and george serafeim. This paper amis to give an overview on the topic and impact of the corporate social responsibility on employees attitudes and behaviours csr. Jan 22, 2019 there is a long and varied history associated with the evolution of the concept of corporate social responsibility csr.
Agribusiness, corporate social responsibility, and health of. Download fulltext pdf the impact of corporate social responsibility o n corporate reputation using marketing as moderate variable article pdf available january 2016 with 3,378 reads. Csr is an extension of individual sense of social responsibility. Oversee the companys program relating to corporate social responsibility, including environmental, social, and other matters of significance relating to sustainability. An overview and new research directions the idea of corporate social responsibility csr that is, businesses bearing a responsibility to society and a broader set of stakeholders beyond its shareholdersgained currency in the 1960s. An integrative framework isabelle maignan vrije universiteit amsterdam, the netherlands o. Research into corporate social responsibility csr in ghana generally, has seen increased scholarly attention but same cannot be said of the specific area of. Pdf corporate social responsibility and good governance. Keywords corporate social responsibility, content analysis, annual reports, environmental reporting. Corporate social responsibility csr has become an important area for organizations and for the managers that work. Cohen at comcast nbcuniversal, we believe success starts with opportunity. Pdf in this introductory paper to a new journal, i set the stage with a definition of corporate social responsibility csr.
Implementing corporate social responsibility 18 task 1. At the same time csr has established itself as a widely accepted element of courses in managerial training and education. Electronic journal of business ethics and organisation studies. The relationship between corporate social responsibility and financial performance is reexamined using a new methodology, improved technique, and industryspecific control groups. Download pdf international journal of corporate social. While corporations are busy adopting and enhancing csr practices, the academic literature on understanding the impact of csr is scarce, especially in the capital market.
The responsibility for opinions expressed in signed articles, studies and other. Economic consequences and information content studies studies on the effects of corporate social responsibility activities on firm value have. These are areas within the vicinity of sm department stores and supermalls that need assistance. Corporate social responsibility reporting in the telecommunications sector in ghana. Corporate social responsibility application in the healthcare. Pdf the impact of corporate social responsibility on. Csr reports pdf corporate social responsibility pioneer.
Corporate social responsibility makes for eminent business sense as well when one considers the knockon effect that social and environmental responsibility brings to the businesses. Four case studies on corporate social responsibility utrecht law. In our paper, we aim to explore corporate social responsibility csr in the context of business ethics. Business ethics and corporate social responsibility is there a. Corporate social responsibility and sustainable business. Defining corporate social responsibility csr analyses economic, legal, moral, social and physical aspects of. Corporate social responsibility csr allows organizations to do their bit for the society, environment and customers.
Corporate social responsibility application in the healthcare sector. Although prior research has addressed the influence of corporate social responsibility csr on perceived customer responses, it is not clear whether csr affects market value of the firm. The pioneer group publishes the csr report which we summarized csr activities of the whole group. Corporate social responsibility is the commitment of businesses to contribute to sustainable economic development by working with employees, their families, the local community and society at large to improve their lives in ways that are good for business and. Project report on corporate social responsibility csr. If you have access to a journal via a society or association membership, please browse to your society journal, select an article to view, and follow the instructions in this box. The past, history, and corporate social responsibility springerlink. Corporate social responsibility is a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with the stakeholders on a voluntary basis. This article will discuss the different corporate social responsibility csr issues. Pdf corporate social responsibility behaviors and corporate. An overview of corporate social responsibility 4 what is the business case for csr. Access to society journal content varies across our titles.
Active participation in csr projects is important for a company ratan tata. Ferrell colorado state university this article introduces a conceptualization of corporate social responsibility csr that emphasizes the role and. Handbook on corporate social responsibility in india. After controlling for this factor, there still is some correlation between corporate social responsibility and. Corporate social responsibility and access to finance the harvard community has made this article openly available. Business ethics and corporate social responsibility. Review and assess the adequacy of this charter annually and recommend to the board any changes deemed appropriate by the committee. The origins of corporate social responsibility by eric c. Business ethics, corporate social responsibility and. Corporate social responsibility and shareholders value. International journal of corporate social responsibility 12018.
Download free books at corporate social responsibility 10 1. Project report on the introduction to corporate social responsibility. An analysis of corporate social responsibility in india a company should have in its dna, a sense to work for the welfare of the community. Pdf corporate social responsibility csr and corporate. Average age of corporate assets is found to be highly correlated with social responsibility ranking. Csr and business ethics academics interested in the past should not. Modern businesses and organizations understand that corporate social responsibility csr has become an important factor for sustainable success.
The cii being the leading industry body, through this handbook, envisages equipping companies for this shift of structured engagement with communities. Defining corporate social responsibility article pdf available in journal of public affairs 63. Corporate social responsibility and financial performance. Thematic issue on corporate social responsibility corporate social responsibility.
According to the quantitative assessment adapted from quazi and obrien to identify the two main classifications of csr, which include the broad and the narrow or classical views, participating agricultural entrepreneurs can be characterized as embracing a broad view of csr table 3. Managing contradictions of corporate social responsibility. Corporate social responsibility and environmental reporting. Corporate social responsibility as an obligation according to j. Theory and practice of corporate social responsibility. It is in this context, that the handbook on corporate social responsibility in india developed by pwc india for cii can play an important role. Sm foundation is the socio civic arm of the sm group of companies through which it helps the less fortunate in the communities it serves.
This encyclopedia entry provides an overview of the topics of corporate social responsibility csr and corporate social performance csp. Corporate social responsibility csr has become one of the core components of corporate strategy and a crucial instrument to minimize conflicts with stakeholders. Corporate social responsibility and access to finance. Corporate social responsibility is the commitment of businesses to contribute to sustainable economic development by working with employees, their families, the local community and society at large to improve their lives in ways that are good for business and for development. Corporate social responsibility, customer satisfaction, and. For example, they argue, ackerman and bauer3 among them, that the connotation of responsibility is that of the process of merely assuming an obligation.
Business ethics and corporate social responsibility is. We also introduce the contributions of the individual articles of this. Corporate social responsibility and sustainability. The technology giant won a number of awards and achievements for its responsible behaviour. Corporate social responsibility towards environmental. Click on these links to search the usc libraries for print and ebooks on the following subjects. For example, over 800 journal articles on csr were identified in a search of one online. Corporate social responsibility csr, a concept that has been around for well over 50 years, has become. The paper studies csr as a concept and also as a set of actions embedded in the ethicality of the business. Corporate social responsibility revisited, redefined thomas. Corporate social responsibility fachhochschule kiel. Microsoft 2016 corporate social responsibility 5 governance of csr our approach principles people planet resources at microsoft, our mission is to empower every person and every organization on the planet to achieve more.