Mission, Inc.: a practitioner's guide to social enterprise
In: The social venture network series
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In: The social venture network series
In: Sustainable Policy Applications for Social Ecology and Development, S. 205-213
In: Australasian marketing journal: AMJ ; official journal of the Australia-New Zealand Marketing Academy (ANZMAC), Band 15, Heft 1, S. 27-36
ISSN: 1839-3349
Research addressing the relationships between corporate social responsibility (CSR) activities and consumers-asstakeholders' perceptions, attitudes and behaviours is dispersed over a range of topics, subsumed under different marketing concepts, and in general surprisingly under-researched given the centrality of CSR in both the normative management literature and public discourse. This paper gives an overview of the past two decades of research on consumers, marketing and CSR, taking the classical consumer decision-making model as frame of classification. The analysis reveals a significant methodology factor and a serious lack of knowledge concerning the consequences of strategic CSR activities.
The business people and their behavior need to understand their companies' demand in the environment. They should also think about the whole stakeholders for manag-ing their business. Businessmen need to understand when a company operating there is a responsibility for stakeholder. In this research stakeholder are employees, suppliers, government, and environmental. The purpose of this research was to ex-amine the effects of Corporate Social Responsibility (CSR) toward the financial per-formance of a mining company in term of Return on Assets and Asset Turn Over. The analysis technique is using Multiple Regression Analysis (MRA). The result of this research shows that Corporate Social Responsibility affects Return on Asset and Asset Turn Over on a mining company. For that reason, business people should also pay attention to this factor in their business.
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In: The journal of financial research: the journal of the Southern Finance Association and the Southwestern Finance Association
ISSN: 1475-6803
AbstractWe examine how forming cross‐border alliances with US firms influences the corporate social responsibility (CSR) performance of their foreign partner firms. Analyzing a sample across 39 countries between 2002 and 2018, we find that these foreign firms experience higher future CSR performance, with a notable 6.46% increase compared with those without such alliances. Moreover, this effect is stronger in foreign firms from countries with weaker governance institutions, lower social norms, and worse economic conditions. Also, foreign firms with lower governance quality, higher market competition, and weaker innovation capacity show a pronounced improvement in CSR performance after alliances. The improved CSR performance also leads to higher firm value and better earnings quality in these foreign firms. Overall, we highlight the role of cross‐border alliances in facilitating the attainment of broader economic and sustainable governance objectives.
In: Berliner Debatte Initial: BDI, Band 18, Heft 4/5, S. 6-15
"Die Verfasserin thematisiert die freiwilligen unternehmerischen Selbstverpflichtungen zu CSR in Zeiten des Finanzmarktkapitalismus. Obgleich unternehmerische Aktivitäten immer mehr unter dem Legitimationsdruck kurzfristiger Profitabilität stehen, nehmen die unternehmerischen Selbstverpflichtungen trotz ihrer nur diffus auf den Gewinn zurechenbaren Wirkung zu. Zur Aufhellung dieses Widerspruchs diskutiert die Autorin Erklärungskraft und Grenzen des neuen soziologischen Institutionalismus." (Textauszug)
In: Corporate governance: an international review, Band 16, Heft 4, S. 294-311
ISSN: 1467-8683
ABSTRACTManuscript Type: EmpiricalResearch Issue: We investigate the assumption found in code and corporate social responsibility (CSR) literature that suggests codes are primarily associated with the CSR practices of an organization.Research Findings/Results: A web‐based study of 150 corporations from three different countries indicates there is little empirical support for this link between codes and CSR. Thus, if a corporation has a code, it is more likely used to govern traditional business concerns, such as compliance with third party governance requirements, internal issues such as conflict of interest, bribery and corruption, insider trading, etc. This is consistent across all three countries. Therefore we must be cautious against assuming a link between codes and CSR. Evidence of the different governance contexts is also briefly discussed.Theoretical Implications: Findings are addressed to theoretical debates about the construction of corporate identity, the amoralization of business, and the globalization of management practices.Practical Implications: Stakeholders must be careful in assuming that the presence of a code indicates CSR commitments or behavior. Stakeholders need to look at the content of the code to confirm or deny this assumption, particularly such stakeholders as investors who tend to use the existence of a code as evidence of CSR practices to tick "check the box."
The purpose of the paper is twofold. Firstly, to formulate a definition of University social responsibility (which takes into account social expectations towards this institution and its internal determinants as well). The final result of this research is the definition built on two concepts. On one hand, it is a stakeholder policy, on the other hand, a whistleblower policy. These are the criteria of responsibility, that is to say, rules which make the institution transparent and open to social criticism. Secondly, the article tends to establish whether a university in Poland (treated as a dominant institution of knowledge) is rightly seen as an irresponsible partner of civil society. Form the business ethics perspective the university is the more responsible, the more intensive are its relations with the social environment represented by stakeholders and whistleblowers. When they do not play their parts properly, the relations must be considered dysfunctional. Additional explanation of this problem is provided by the theory of management. In a use of the concept of the final customer, public opinion can find out if it—really—is the main interlocutor of the university. Social partners of this institution focus their attention on politicians and public administration taken as the alternative final customer of the academic product.
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Companies use corporate social responsibility (CSR) disclosures to communicate their social and environmental policies, practices, and performance to stakeholders. Although the determinants and outcomes of CSR activities are well understood, we know little about how companies use CSR communication to manage a crisis. The few relevant CSR studies have focused on the pressure on corporations exerted by governments, customers, the media, or the public. Although investors have a significant influence on firm value, this stakeholder group has been neglected in research on CSR disclosure. Grounded in legitimacy theory and agency theory, this study uses a sample of Chinese public companies listed on the Shanghai Stock Exchange to investigate CSR disclosure in response to social media criticism posted by investors. The empirical findings show that investors' social media criticism not only motivates companies to disclose their CSR activities but also increases the substantiveness of their CSR reports, demonstrating that companies' CSR communication in response to a crisis is substantive rather than merely symbolic. We also find that the impact of social media criticism on CSR disclosure is heterogeneous. Non-state-owned enterprises, companies in regions with high levels of environmental regulations, and companies in regions with local government concern about social issues are most likely to disclose CSR information and report substantive CSR activities. We provide an in-depth analysis of corporate CSR strategies for crisis management and show that crises initiated by investors on social media provide opportunities for corporations to improve their CSR engagement.
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In: Corporate social responsibility and environmental management, Band 22, Heft 4, S. 222-236
ISSN: 1535-3966
AbstractThis study explores how the employees of a financial firm use emotional arguments to construct different views of their employer's corporate social responsibility (CSR). It is theoretically based on the recent literature regarding employee perspectives of CSR, and especially on the role of emotions in CSR. Furthermore, the study utilizes rhetorical theory as a framework for data analysis. A qualitative study, based on face‐to‐face interviews, was conducted among 27 employees in a Finnish financial firm. The study identifies six categories of emotional arguments the employees used to construct views of where their employing organization's CSR is derived from. These categories relate positive emotions to satisfaction with the employing organization's CSR and negative emotions to dissatisfaction. The results show that employees also experience external pressures for CSR, but only implicitly, because they do not wish be embarrassed by their employer. Copyright © 2013 John Wiley & Sons, Ltd and ERP Environment
In: CSR, sustainability, ethics & governance
In: Strategic change
ISSN: 1099-1697
AbstractThis study aims to investigate the effect of entrepreneurs' hubris and narcissism operating in Tehran's Science and Technology Parks (STPs) on personal social responsibility (PSR). The study employed a cross‐sectional survey method with gender and experience as moderators. Results show that entrepreneurs' narcissism positively affects their social responsibility, while entrepreneurs' hubris negatively affects their social responsibility. Gender moderates the relationship between entrepreneurs' hubris and narcissism on PSR. Our findings suggest that personality traits (i.e., narcissism and hubris) and gender play a more critical role in an entrepreneur's tendency toward social responsibility than experience. Implications for future research and practical applications are discussed.
In: Organizations and the natural environment
"This book aims to answer a simple question: does private governance work? Can the use of market-driven, voluntary mechanisms compel value chain actors to change their practices in the direction of greater sustainability? And if yes, why are some standards more successful in that mission than others? This book thus evaluates market-driven regulatory governance initiatives' effectiveness in leading to sustained behavioral change in line with the original institutional goals of resolving collective environmental and social problems (cf. Black, 2008). It identifies institutional design features that are more likely to contribute to such effectiveness, as well as flaws in regulatory design and implementation that limit the potential of private standards in achieving their mission. With this aim, it connects five elements related to the effectiveness of private governance. First, it defines institutional effectiveness by identifying the outcome goals of market-driven sustainability governance."
In: Corporate social responsibility series