Suchergebnisse

Purpose
The purpose of this study is to investigate the role and impact of state regulation of corporate social responsibility (CSR) spending on company actions and to examine whether making mandatory CSR encourages businesses to engage in social welfare projects. Additionally, the authors also investigate whether these CSR expenditures can enable India to meet the Sustainable Development Goals (SDGs) 2030.


Design/methodology/approach
CSR expenditure data from the government repository of 22,531 eligible companies in India were studied from FY2014–2015 to FY2019–2020. CSR spending is further classified according to development areas of Schedule VII of the Companies Act, 2013, and mapped with the SDGs to see which ones the corporations have prioritized.


Findings
CSR spending increased from INR 10,066 crore in 2014–2015 to INR 24,689 crore in 2019–2020. Companies have prioritized CSR expenditure on education, followed by health care and rural development. The number of companies spending more than the mandated expenditure increased by around 75% from 2014–2015 to 2019–2020. However, the "comply or explain" approach of the law has led to a major number of companies spending zero on CSR. Companies have generally concentrated on moving CSR funds to designated funds rather than using them for capacity development to instill social responsibility culture.


Originality/value
This study provides evidence of the impact of mandatory CSR expenditure on welfare activities and SDGs. Unlike previous research, the results of this study are based on CSR expenditures rather than voluntary CSR scores.

There is a growing belief that the traditional separation of the private & public sectors of our society is becoming blurred. Corporate theorists have offered a variety of philosophies to replace the discarded notions of market constraints. The Sch of business statesmanship, for which A. Berle is the most articulate spokesman, looks to business executives to fulfill corporate responsibilities other than those traditionally owed to shareholders. Corporate managers, too, have voiced their acceptance of this new role, but the realities of business & politics belie their stated motivations for many allegedly altruistic acts. Although the evidence is not clear, the discernible pattern of individual incentives & restraints suggest the same conclusion. The alleged acts of corporate statesmanship do not actually represent basic changes in the nature of Amer enterprise. It is more likely that they indicate the pot vulnerability of industry today & the extent to which gov's use both the carrot & stick to gain desired results from business. The acquiescence of corporate leaders in the philosophy of business responsibility could ultimately result in the enforcement of such notions as legal obligations. AA.

Since the 2008 global economic crisis, East Asian economies have faced a number of macroeconomic issues including China's new growth model, the middle-income trap in developing East Asian countries, and the growing natural fibre market and its socio-economic implications. This book addresses these key topical issues which East Asian economies are facing today. Written by international experts in the area of Asian economics and business, it presents the most recent macroeconomic outlook in the region and then goes on to analyse a number of business corporations and industry-related cases, focussing on the theme of firms' strategies. Examining the links between environmental and financial performance, corporate social responsibility and the transfer of environmental management, financial accounting standards, the relationship between corporate sustainability activities and corporate profit, and the different cultural approaches towards business ethics, this book provides both practical strategies and new theoretical insights. As such it will appeal to students, scholars and practitioners interested in Asian business and economics.

This book offers different perspectives onHumanism as developed by Catholic Social Teaching, with a particular focus on its relevance in economics and business. The work is composed of three sections, covering what is meant by Christian Humanism, how it links with economic activity, and its practical relevance in the business world of today. Itreviewsthe historical development of Christian Humanism and discusses the arguments which justify it in the current cultural context and how it contributes to human development. The book argues that the current recognition of human dignity and the existence of innate human rights are both ultimately rooted in Christian Humanism. Itsets out the importance of the concept for economic activities, and how Christian Humanism can serve as a metaphysical foundation and ethical basis for a social market economy. Applying Christian Humanism to business leads to the centrality of the person in organizations and to seeing the company as a community of persons working together for the common good. Three thought-provoking case studies illustrate the wide-reaching positive impacts of applying Christian Humanism in the organization.

AbstractThis paper provides insight into the business case of corporate social responsibility (CSR) at Columbia Garments Limited in Bangladesh. Therefore, the study analyses how CSR practices have resulted in an increased financial and nonfinancial performance of this factory. Qualitative data were collected from primary sources through observation and in‐depth interview with the key person who is directly involved with CSR planning and implementation in the company. Secondary data were collected from annual reports, books, articles, periodicals of different domestic, and international agencies. Based on these considerations, a questionnaire and an interview were used as data collection methods. The result showed that the overall cost of the organization increased because of CSR implementation, but the company benefited financially in the long run through reduced labor turnover rate, increased workers' efficiency, increased audit quality, enhanced productivity, and motivated employees.

Introduction : professional responsibility or the law and ethics of lawyering -- Formation, scope, and termination of the attorney-client relationship -- Competence and diligence; control and communication; fees -- Privilege and confidentiality -- Conflicts of interest : current clients -- Conflicts of interest : former clients, prospective clients, and government lawyers -- Limits of zealous representation I : litigation -- Limits of zealous representation II : transactions -- Who's my client? -- Privilege and confidentiality revisited -- Conflicts of interest in entity representation -- Corporate wrongdoing -- In-house counsel -- Admission and discipline -- Unauthorized practice of law and multijurisdictional practice -- Nonlawyer ownership, multidisciplinary practice, and alternative legal service providers -- Marketing legal services.

Purpose
This study aims to investigate how employee perspectives on the role of business, specifically capitalist beliefs, affect the corporate social responsibility (CSR)–reputation–employee behavior relationship.


Design/methodology/approach
A conceptual model was developed, and to test the model empirically, survey data were collected over two phases from 192 working professionals. Data were analyzed in SAS using Hayes's PROCESS approach.


Findings
Results of this study reveal that the positive employee outcomes (i.e. affective commitment and reduced turnover intentions), resulting from CSR, through perceived employer reputation (i.e. an employee's perception of how others view their firm), are diminished when employees have strong capitalist beliefs.


Research limitations/implications
Building on the signaling and person–organization fit literatures, this study highlights the theoretical and managerial importance of recognizing employees' ideological differences as well as the value of considering employee perceptions of reputation. Although many stakeholders value social responsibility, not all do, and a firm's intended outcomes will vary depending on employees' beliefs.


Originality/value
This study demonstrates that CSR not only affects institutional-level corporate reputation, as previously studied, but also affects employees' behaviors through "perceived employer reputation", or employee beliefs about how other stakeholders perceive the firm. Moreover, this study highlights the importance of understanding employee differences, including ideological differences, prior to engaging in certain types of CSR.