Financial Sustainability Within UK Charities: Community Sport Trusts and Corporate Social Responsibility Partnerships

Operational and financial sustainability have, over time, remained as issues in the microfinance industry. The microfinance industry is struggling to gain self-sufficiency in Pakistan due to non-performing loans and operating costs. Simultaneously, deliberation on corporate social responsibility (CSR) is also considered in academic literature and organizational practices. However, studies on CSR and financial performance in the microfinance sector are scarce, especially in Pakistan. CSR will develop customer attraction and loyalty, employee attraction, motivation and commitment, MFIs' reputation and access to capital, and eventually build financial performance. Interviews were conducted with branch managers of microfinance institutions to test previous questionnaires. A self-administered survey was conducted to collect data from the managers of the microfinance banks operating in Punjab. Descriptive and inferential statistics were performed to answer research questions using Smart PLS. Most of the microfinance institutions believe in social responsibilities but lacks fund allocation and approval from higher management, and results are in line with prior studies. These empirical findings lead to the perception that CSR is not a barrier performance in microfinance banks as they have access to capital. The results indicated a strong positive correlation between CSR and the financial performance of the MFIs. CSR also positively correlates with customer retention, employees' motivation and attraction, and business reputation. CSR was associated with access to capital but was found to be weak. The research also narrated the limitation and practical implications of the study. The study also discusses further research directions.

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Corporate Social Responsibility and Financial Sustainability of Oil and Gas Firms in Nigeria

Asian Journal of Economics Business and Accounting ◽

10.9734/ajeba/2021/v21i1930505 ◽

2021 ◽

pp. 46-56

Author(s):

Orajekwe Jerry Chukwuebuka ◽

Okafor Obumneme Obiora ◽

Okoye Emmanuel Ikechukwu

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Oil And Gas ◽

Research Work ◽

Oil And Gas Industry ◽

Least Square ◽

Financial Sustainability ◽

Ex Post ◽

Oil And Gas Firms ◽

Corporate Social

Aims: The study examined the effect of corporate social responsibility on financial sustainability of quoted oil and gas firms in Nigeria. Study Design: The research work adopted for the study ex-post facto research design. Secondary data spanning 2009 to 2020 was sourced and collated from financial statement of oil and gas firms annual report in Nigeria and Nigeria Stock Exchange factbook. Place of Study: Department of Accountancy, Nnamdi Azikiwe University, Awka, Anambra State, Nigeria. Methodology: The data was analyzed employing the Pearson coefficient correlation and least square regression technique. Results: The study revealed that corporate social responsibility has a significant positive effect on net profit margin and return on asset of quoted oil and gas firms in Nigeria at 5% level of significance. Conclusion: Given the integral role the Oil and Gas sector plays in Nigeria, this paper showed the importance of corporate social responsibility in ensuring the financial sustainability of corporations in the Nigerian Oil and Gas industry.

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Community Sport Organization Sponsorship as Corporate Social Responsibility Strategy: A Qualitative Study

The Customer is NOT Always Right? Marketing Orientationsin a Dynamic Business World - Developments in Marketing Science: Proceedings of the Academy of Marketing Science ◽

10.1007/978-3-319-50008-9_82 ◽

2017 ◽

pp. 314-316

Author(s):

Karen Palmer ◽

Pascale Quester ◽

Plewa Carolin

Keyword(s):

Corporate Social Responsibility ◽

Qualitative Study ◽

Social Responsibility ◽

Community Sport ◽

Sport Organization ◽

Corporate Social

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Unternehmerischer und gesellschaftlicher Erfolg – ein Gegensatz?

Der Betriebswirt: Volume 54, Issue 3 - Der Betriebswirt ◽

10.3790/dbw.53.3.15 ◽

2012 ◽

Vol 53 (3) ◽

pp. 15-19

Author(s):

Ulrike Reisach

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Value Added ◽

Well Being ◽

Financial Sustainability ◽

Environmental Friendliness ◽

Organizational Skills ◽

Business Partners ◽

The Social ◽

Corporate Social

Mit der andauernden Wirtschafts- und Finanzmarktkrise ist weltweit das Vertrauen in die Selbstheilungskräfte der Marktwirtschaft gesunken. Umfragen des Allensbach-Instituts zeigen, dass nur 31 Prozent der Befragten das freie Unternehmertum als ein für die Allgemeinheit nützliches Tun und als Triebfeder der Wirtschaft erkennen. Damit sank auch die Zustimmung zur sozialen Marktwirtschaft als solcher. Dabei war diese in Deutschland lange Zeit ein identitätsstiftendes Modell, ein Alleinstellungsmerkmal zwischen Sozialismus und ungebändigtem Kapitalismus. Die Marktwirtschaft mit sozialem Gesicht, mit ausgewogener staatlicher Regelsetzung, beinhaltet z.B. einen progressiven Steuertarif, einen starken Arbeitnehmerschutz, Sozialversicherungen sowie Mitbestimmungsrechte der Angestellten. Doch was bedeutet dies für die Unternehmen? The continuing economic crisis has evoked doubts about the ability of markets to heal themselves. Surveys show a decreasing confidence in the social responsibility of companies – not only in the financial sector, but in businesses in general. Considering this development, Ulrike Reisach calls argues that companies have to show their societal value within all activities of the value added chain. Corporate Social responsibility must go beyond marketing or communications and reestablish the reputation of companies through contributing to societal well-being by providing excellent and high quality products or services enabling a better life for their users/customers, investing in their efficiency, environmental friendliness and financial sustainability, training their people continuously and creating satisfying jobs. With their time, knowledge organizational skills and resources in creating meaningful and sustainable values they can prove their benefits to all stakeholders such as customers, business partners, employees, neighborhoods, media and the society. Keywords: iso norm 2600, g8 g20 ebene, corporate social responsibility csr

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Corporate social responsibility in community sport management

Managing and Developing Community Sport ◽

10.4324/9781315561356-6 ◽

2018 ◽

pp. 81-92

Author(s):

Daniel Plumley ◽

Rob Wilson

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Sport Management ◽

Community Sport ◽

Corporate Social

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Hidden preferences in social responsibility The analysis of erste seeds corporate social responsibility programme

Vezetéstudomány / Budapest Management Review ◽

10.14267/veztud.2021.05.02 ◽

2021 ◽

Vol 52 (5) ◽

pp. 14-26

Author(s):

Fanni Tóth

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Social Impact ◽

Success Factors ◽

Community Building ◽

Financial Sustainability ◽

Critical Factors ◽

Social Entrepreneurs ◽

Bivariate Logistic Regression ◽

Corporate Social

Banks are usually active in creating and operating corporate social responsibility (CSR) programmes for different reasons. This paper analyses the Erste Bank SEEDS programme, which is dedicated to entrepreneurs promoting social welfare in Hungary. A total number of 68 social entrepreneurs were selected from 203 applicants to participate in the programme. To detect the success factors, the paper examines all proposals with content analysis. Then, using a bivariate logistic regression, the research estimates the probability of getting selected and identifies three critical factors: the potential social impact, financial sustainability and the life cycle of the product or service. These results hint to the bank caring about social impacts but only if financial sustainability is assured. Some social activities (community building, health or sustainable lifestyle) are less preferred than others (employment). The main contribution of the study is to present how corporate social responsibility programmes can be analysed and what hidden requirements may be incorporated within them.

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