Hasil untuk "Social responsibility of business"

Moustafa Abdelmotaleb

A. Carroll

There is an impressive history associated with the evolution of the concept and definition of corporate social responsibility (CSR). In this article, the author traces the evolution of the CSR construct beginning in the 1950s, which marks the modern era of CSR. Definitions expanded during the 1960s and proliferated during the 1970s. In the 1980s, there were fewer new definitions, more empirical research, and alternative themes began to mature. These alternative themes included corporate social performance (CSP), stakeholder theory, and business ethics theory. In the 1990s, CSR continues to serve as a core construct but yields to or is transformed into alternative thematic frameworks.

G. Stahl, C. Brewster, D. Collings et al.

Abstract This paper focuses on the increased pressure for corporations to engage in corporate sustainability (CS) and corporate social responsibility (CSR) in order to address the current crisis of confidence in business, align their activities with the needs and expectations of a broader set of stakeholders, and help tackle the world's grand challenges. We argue that human resource management (HRM) has a potentially vital role to play in contributing to a firm's CS/CSR efforts, but so far has failed to deliver. We explore the reasons for this failure and discuss ways for HRM to play a more prominent role in the design and implementation of a firm's CS/CSR strategy. Building on earlier attempts to integrate corporate responsibility and sustainability into the HRM performance construct, we propose a multidimensional, multi-stakeholder approach to sustainable HRM that encompasses activities aimed both at avoiding harmful consequences for stakeholders and contributing to positive outcomes along the triple bottom line (i.e., people, planet, and prosperity). We discuss implications for research and develop a set of propositions and guidelines for future research.

R. Zaman, Tanusree Jain, G. Samara et al.

Despite ample research on corporate governance (CG) and corporate social responsibility (CSR), there is a lack of consensus on the nature of the relationship between these two concepts and on how this relationship manifests across institutional contexts. Drawing on the national business systems approach, this article systematically reviews 218 research articles published over a 27-year period to map how CG–CSR research has evolved and progressed theoretically and methodologically across different institutional contexts. To shed light on the full gamut of the CG–CSR relationship, we categorize and explore the nature of this relationship along two strands: (a) CSR as a function of CG and (b) CG as a function of CSR. Through this review, we identify key themes where CG–CSR research has lagged and account for under-explored contexts in this domain. Finally, we put forth a comprehensive agenda for progressing future research in the field.

W. Chen, G. Zhou, X. Zhu

Abstract In this study, we examine whether and how CEO tenure affects firms' corporate social responsibility (CSR) performance. Using a sample of U.S. firms for the 1999–2013 period, we find that firms' CSR performance is significantly higher in CEOs' early tenure than in their later tenure. We also find that the relationship between CEO tenure and CSR performance is stronger when the board is more independent and CEOs have a longer expected employment period, supporting both the signaling interpretation of the career concern hypothesis and the career horizon hypothesis. Consistent with the trend of increasing awareness of the importance of CSR, we find that the relationship between CEO tenure and CSR performance has become more significant in recent years. Finally, we show that better CSR performance in a CEO's early tenure is associated with a lower CEO turnover probability, suggesting that commitment to CSR during CEOs' early tenure could enable them to mitigate career concerns.

Marwan Al‐Shammari, A. Rasheed, Hussam Al-Shammari

Abstract We investigate the relationship between CEO narcissism and corporate social responsibility (CSR). We argue that narcissistic CEOs are more likely to place greater emphasis on externally oriented CSR activities than on internally oriented CSR activities. Based on a sample of 134 CEOs/firms from the Fortune 500 list for the years 2008–2013, we find that there is an overall positive relationship between CEO narcissism and CSR. Furthermore, we find that while CEO narcissism is positively related to externally oriented CSR, the relationship between CEO narcissism and internally oriented CSR is negative but not significant.

Marcello M. Mariani, Khowlah Al-Sultan, Alfredo De Massis

ABSTRACT The field of CSR in family firms has experienced remarkable growth recently. Therefore, a literature review on the topic is needed to provide an updated overview of extant research and draw guidelines for future research. Using bibliometric mapping, we conducted a systematic literature review (SLR) on corporate social responsibility (CSR) in family business drawing on the Web of Science (WOS) and Scopus databases. The bibliographic coupling conducted suggests that family involvement, corporate governance, and sustainability are the most frequently studied topics. Furthermore, through our SLR, we systematized the studies into an interpretative framework, identifying the drivers and outcomes of CSR practices, processes, and strategies in family business. The study reveals and organizes the state-of-the-art of CSR research in family business, outlines important theoretical implications and develops a future research agenda.

F. Caputo, S. Pizzi, Lorenzo Ligorio et al.

This research aims to contribute to the scientific debate about the lack of interlinkages between mandatory non-financial reporting and sustainable business models. For our purposes, a counter-accounting analysis was conducted on the non-financial reports of a sample of 145 Italian firms interested by the Directive 2014/95/EU effects. Specifically, the study adopts an empirical approach to evaluate environmental information transparency, which represents one of the main critical issues concerning the non-financial declarations prepared by European Italian Public Interest Entities (PIEs) to comply with Directive 2014/95/EU. The results highlight that corporate governance and report characteristics affect environmental transparency. Furthermore, the results confirm the overall attitude to avoid the disclosure of unfavourable or unavailable environmental information through impression management strategies. Finally, the analysis underlines the opportunities for policymakers to rethink mandatory non-financial reporting to sustain the ecological transition of European PIEs.

Carmen Paola Padilla-Lozano, Pablo Collazzo

Purpose The purpose of this paper is to explore the interplay of corporate social responsibility (CSR) and green innovation in boosting competitiveness in manufacturing in an emerging market context. This study adds green innovation as mediator in the relationship between CSR and competitiveness. Design/methodology/approach A model with three second-order constructs is developed and tested, in a sample of 325 managers from manufacturing companies in Ecuador, using quantitative and cross-section methods. Findings After obtaining adjusted and validated measurement models, a structural equation model was conducted, where the main hypotheses were confirmed, providing empirical evidence that CSR and green innovation significantly influence manufacturing competitiveness in a developing economy. Research limitations/implications This study considers only manufacturing companies in Ecuador, focusing on CSR practices in a single territorial case study. It arguably contributes to reinforce the business case for CSR, with new evidence on the causal relationships between CSR, green innovation and competitiveness, in the context of emerging market manufacturing industries. Although the literature often points at a positive relationship between CSR and firm-level competitiveness, supporting empirical evidence remains scarce. This model, introducing green innovation as mediator in the relationship between CSR and competitiveness in developing markets, accounts for a novel theoretical approach. Practical implications The findings are consistent with previous research, reporting the positive influence of CSR activities on organizational competitiveness, reducing risks and cost structures, as well as improving the relationship with employees, enhancing talent attraction, retention and productivity. Incorporating formal CSR tools to the model allowed us to highlight the relevance of ‘green’ certifications as a means to provide a competitive edge, along with increased bargaining power in the supply chain, resulting in competitiveness gains. The findings on the role of green innovation suggest a transition from cost-savings to a more strategic leverage on responsible innovation as a source of competitive advantage. Social implications Additionally, this research contributes to shed light on the impact of green processes and product innovations on social and environmental performance, providing evidence of a more efficient use of energy and natural resources, increasing productivity and by extension, profitability. CSR shapes an innovation culture that, through the use of social, environmental and sustainability controllers, can create new business models, products, services or processes that boost both firm-level and supply chain productivity, benefits that eventually spill over to the host community. Originality/value This study aims at bridging the research gap on the interplay of CSR, green innovation and competitiveness in manufacturing in an emerging market context.

V. Meseguer-Sánchez, F. J. Gálvez-Sánchez, Gabriel López-Martínez et al.

Traditional economic system has brought important negative implications regarding environmental development, as well as an unequal distribution of wealth, which has led to ecological disasters and population imbalances. Considering the existence of unequal opportunities and access to resources in a global economy, it would be relevant to study the interrelations between the concepts of Sustainability and Corporate Social Responsibility (CSR). Global and multifactorial issues require the review of fieldworks and their connections. From this perspective, the present research aims to analyze the relationships between the concepts of Corporate Social Responsibility and Sustainability in order to understand the advances of current scientific production and future lines of research. In this way, there is a considerable increase of interest in this line of research, highlighting García-Sánchez as the most productive author, Business, Management and Accounting as the most studied topic, and Sustainability Switzerland as the most productive journal. The country with the most publications and citations is the United States, and the most productive institution is Universidad de Salamanca. Future lines of research should focus on the social dimension and its possibilities in the field of Circular Economy. Finally, a line of research is proposed that also includes the proposals from the 2030 Agenda for Sustainable Development and its 17 Sustainable Development Goals.

Ashfaq Habib, Zafar Azam, Muhammad Asif Khan et al.

This study analyses the impact of mandatory Corporate Social Responsibility reporting on the Gini coefficient of Central European countries: a measure of income inequality in society (SDG-10), where CSR reporting is mandatory for a subset of listed firms. The ordered logit regression model indicates that mandatory CSR reporting significantly helps mitigate income inequality in society. Additionally, it is revealed that CSR reporting affects the Gini coefficient through green finance and green innovation, while other variables, such as financial constraints, financial reporting quality, and sustainable beta, are identified as partial channel mediators. The findings highlight the need for companies to strategically address CSR initiatives as an overarching business strategy to respond to stakeholder theory. Overall, the research provides important contributions to practitioners seeking increased social and organizational outcomes which will help stakeholder needs and add great value to the body of literature concerning CSR reporting and the income inequality paradox.

Adam Arian, Sudipta Bose, Lotfi Karoui et al.

This study examines the relationship between the COVID-19 pandemic and firm risk, as well as the moderating role of corporate social responsibility (CSR) performance in this relationship. Using 22,451 firm-year observations from 62 countries between 2018 and 2021, the study finds a marked increase in firm risk due to the economic disruptions caused by the pandemic. However, firms with strong CSR performance exhibit greater resilience, highlighting CSR's critical role in crisis management and risk mitigation beyond ethical compliance. Additional analysis shows that the effects of the pandemic and the moderating role of CSR performance vary by country-level business culture and economic environment. The findings highlight the importance of integrating CSR into corporate strategy to enhance resilience and manage risk during crises. We also show that stakeholder management serves as an underlying mechanism linking the interaction between CSR performance and the COVID-19 pandemic to firm risk. The study also advocates for policy support to strengthen CSR initiatives, offering actionable insights for managers and policymakers in fostering corporate preparedness for future challenges.

Viktória Vida, Maryam Alhassan Talatu

This research estimates public perceptions of corporate environmental responsibility and the use of clean energy in terms of how businesses exhibit environmentally sensitive behaviour through their operations and how clean energy is used within daily business operations. It carries out a large-scale survey among 100 participants, analyzing responses across various dimensions of corporate social responsibility, especially those relevant to environmental practices. The findings show that there is a high public expectation of business environmental responsibility, as 82% of the respondents regard it as very important for companies to undertake social responsibility activities. The same percentage (80%) feel it is essential that companies be liable for environmental damage. The same study also firmly focused on carbon emission reduction since 91% rated it somewhat or very important for companies to reduce their carbon emissions. On the other hand, a perception gap was indicated since 52% of the respondents strongly believed that companies genuinely care about their social and environmental impact. This contrasts with the 77% of participants publicly declaring support for corporations promising to reduce environmental degradation. On the use of clean energy, while the research does not give an explicit quantitative status of the practice by corporate entities, it generally creates a good case demonstrating popular support for such corporate initiatives. A 72% rated a firm's effort to reduce its carbon footprint as essential, representing a clear expectation of adopting clean energy within corporate operations. The study finds considerable public mandate for companies to engage in environmentally sensitive business practices, including using clean energy. It also calls for improving business environmental responsibility programs, better communication transparency, prioritizing clean energy, and using environmental initiatives to gain market advantage. The findings and recommendations carry significant implications for corporate strategy, public policy, and future research in corporate social responsibility and environmental sustainability.

Lamia EL BADRI, Mohammed Rachid AASRI, Meryem HOUMAIR et al.

The emergence of unprecedented socio-environmental challenges has highlighted the need for a profound transformation of traditional business models. Corporate Social Responsibility (CSR) has emerged as an essential framework for addressing these challenges, by integrating ethical, social and environmental considerations into business practices. This article explores the evolution and significance of CSR, examining its historical roots, theoretical and conceptual foundations. The study begins by tracing the origins of CSR, exploring its ethical and religious foundations within the broader context of “Business and Society”. It then analyzes the historical development of CSR, highlighting the various conceptual approaches that have shaped its understanding over time. Finally, the article examines the key stages in the evolution of CSR, synthesizing its various definitions into an overarching framework for sustainable business practices.

A. Carroll

PurposeThe purpose of this paper is twofold: First, to provide an overview of the COVID-19 pandemic and its holistic impacts and implications for organizations and management. Second, to report what organizations have been doing via their corporate social responsibilities about the pandemic. Research implications for academics are offered.Design/methodology/approachThe approach taken in this article was to survey the literature and news reports about the impact of the COVID-19 pandemic and to summarize results. Further, the approach was to analyze these findings using my four-part CSR construct examining economic, legal, ethical and philanthropic impacts, implications, and responsibilities.FindingsIt was found that the COVID-19 pandemic has had important impacts and implications for most spheres or sectors of the business world. Employees, consumers and communities have been the most significantly affected, but other stakeholder groups in societies are being impacted as well. The global pandemic is putting CSR to the test, and the emerging evidence supports the idea that many companies are striving to reset their CSR thinking and initiatives to accommodate this crisis and to meet what the public expects of them.Originality/valueMuch of this paper involved reporting findings that have appeared in the literature and news. The originality involved interpreting and analyzing stakeholders affected, and how managers have been responding to these challenges. Strategic recommendations are offered.

Shintaro Okazaki, Kirk Plangger, D. West et al.

Abstract Many brands utilize social media to communicate with consumers, but are they taking advantage of these media's potential for co-creation? We explore this in the corporate social responsibility (CSR) context where online CSR dialogs form as brands interact with consumers using social media. Study 1 examines eight brands' digital CSR communications on Twitter and suggests these dialogs are present but are rarely part of the process with most interactions between their consumers. Study 2 assesses the brands' CSR relevant tweets' content and finds that most are not relevant to CSR and, moreover, are predominantly one-way. Therefore, both studies reveal that brands are not tapping into the potential for co-creation that is inherent in social media. Thus, we recommend that social media communications should include (a) mentions of individual consumers, (b) audience specific and relevant message content, and (c) opportunities for consumers to co-create value with the relevant brands.

Thanh Tiep Le, H. Ngo, L. Aureliano-Silva

PurposeThe purpose of this paper is to evaluate the role of corporate social responsibility (CSR) on small and medium-size enterprises’ (SMEs') performance by exploring the role of mediating variables such as brand trust (BT) and brand loyalty (BL) in the context of an emerging market.Design/methodology/approachBased on a extend literature review on CSR, BT and BL studies, the authors evaluate the impact of those construct on SMEs’ performance in an emerging market. The paper follows a quantitative approach. In total, 247 responses were collected from 300 samples. The Smart Partial Least Squares SEM (version) was used to analyze the data of the SMEs of Vietnam in the year 2020.FindingsThe findings revealed significant and positive relationships among the variables in the model, such as CSR and firm performance (FP), CSR and BT, CSR and BL, as well as the mediating effect of BT and BL between CSR and firm performance.Research limitations/implicationsFirst, the sample was composed of small business from different segments, thus the respondents' perspective about CSR can differ according the impact of the business on society. Therefore, future studies could address businesses from a single segment to get a deeper understanding of their knowledge and involvement with CSR. Second, a cross-cultural study in emerging countries can be a rich venue for future research. Third, this study was developed through a quantitative approach; thus, the future research can apply qualitative approach or mixed methods to extend the study findings.Practical implicationsManagerial level of firm should prioritize noneconomic-related CSR; however, those will ultimately drive financial indicators of FP. The result is reasonable because firm simultaneously keeps committed with its stakeholders by delivering the committed qualification, transparency in operation and consistency in communication, environment respect, employee development and social welfare integrated directly into business activities. Those will result in creating love, trust and admiration from stakeholder, customers for brand and firms will get their engagement and support in many ways. This implication suggests that firm should incorporate CSR strategy into their core business activities and practice properly toward its stakeholders.Social implicationsThis study contributes to the CSR literature in emerging context by shedding light on the roles of CSR in FP with the mediation roles of BT and BL. Most CSR studies focused on Western context as developed economy, thus less attention has been paid for emerging economy. While there is increasing interest CSR in Vietnam, traditional culture and its distinctive economic and political structure has had a great influence on CSR in Vietnam. Thus, this study is important and meaningful for business practitioners, investors, shareholders and policymakers toward sustainable development for firms and Vietnam as a whole.Originality/valueTo the best of the authors’ knowledge, this is the first study that explores the mediating role of BT and BL between CSR and FP for SMEs. The findings of this study may be of great implications to entrepreneurs, top management with respect to strategic perspectives to drive their businesses and to improve their FP in a sustainable direction in contexts of emerging markets. In addition, this finding may be of great interest to motive SMEs' managers to engage with CSR actions where those businesses are situated during and after the COVID-19 pandemic. By that understanding, Government may consider for policy reforms/innovation/groundbreaking to leverage businesses to promote their strengths toward sustainable development in the new economic settings. The findings of this study may be of significant contribution to SMEs in Vietnam and in others in emerging economies.

Serina Chang, Alicja Chaszczewicz, Emma Wang et al.

Generating social networks is essential for many applications, such as epidemic modeling and social simulations. The emergence of generative AI, especially large language models (LLMs), offers new possibilities for social network generation: LLMs can generate networks without additional training or need to define network parameters, and users can flexibly define individuals in the network using natural language. However, this potential raises two critical questions: 1) are the social networks generated by LLMs realistic, and 2) what are risks of bias, given the importance of demographics in forming social ties? To answer these questions, we develop three prompting methods for network generation and compare the generated networks to a suite of real social networks. We find that more realistic networks are generated with "local" methods, where the LLM constructs relations for one persona at a time, compared to "global" methods that construct the entire network at once. We also find that the generated networks match real networks on many characteristics, including density, clustering, connectivity, and degree distribution. However, we find that LLMs emphasize political homophily over all other types of homophily and significantly overestimate political homophily compared to real social networks.

Márcio Rocha Ferreira, Tadeu Moreira de Classe, Sean Wolfgand Matsui Siqueira

Interactive narratives offer a novel approach to presenting business process models, making them more accessible and collaborative. These narratives create a hyper-textual environment that facilitates knowledge exchange and comprehension for ordinary individuals. However, designing such narratives is complex, as business process modelers must accurately identify and translate the graphic elements of a process model into dynamic narrative elements. This research paper introduces the Scripting Your Process (SYP) method, which provides a systematic approach to designing interactive narratives based on business process models. Following the principles of Design Science Research (DSR), a quasi-experimental study demonstrates and evaluates the SYP method. The results show that the SYP method successfully achieves its objective, contributing to the systematic design of interactive narratives derived from business process models. Consequently, individuals who are not experts in business process management can understand these processes in an engaging and gameful manner.

John A. Theodorou, George Katselis, Orestis Anagnopoulos et al.

The present study aimed to address the issue of pressure on the remaining populations of the critical endangered species, fan mussel, <i>Pinna nobilis</i>, in the Eastern Mediterranean. Marine professional (shell/fish farmers, divers, fishers, administrators, etc.) stakeholders’ knowledge (<i>n</i> = 151) in Greece reports that there was a reduction (81.6%) of the <i>P. nobilis</i> individuals during the last 15 years, especially in the years 2010–2012 and 2017–2018. Species’ abundance decline is significantly (ρ = 0.293, <i>p</i> < 0.05) correlated over the last 5 years with the observed natural ecosystem degradation. Participants also stated that the main cause was pathogens alone (28.8%) or in combination with (illegal) fishing (17.1%) or pollution (14.4%). Additionally, 88% of them supported a total prohibition on the use of fan mussels for commercial purposes in order to restore stock levels.; 72.4% stated claimed that no appropriate control was in place and that they (>59.4%) were unsure if this monitoring control is carried out by the competent authorities. Marine stakeholders consider the importance of the species for biodiversity preservation (56.1%), environmental education (35.1%), and diving parks (29.7%). They declared that it is important to record-observe <i>P. nobilis</i> conservation reserves regions (42.6%), monitor areas of responsibility (39.9%), participate in the information society/use of social networks (38.5%), and participate in informational meetings (37.9%). The lack of interest among shell/fish farmers to contribute to <i>P. nobilis</i> on-growing farming indicates the ignorance to the potential benefits of the valuable ecosystem services provided by aquaculture through biodiversity conservation. Nevertheless, there is a demand for promoting the “conservation aquaculture” concept through its incorporation into marine farming activities supplementary to their core business in “production”.