scholarly journals Corporate social responsibility, cost structures, and COVID-19: Impact of passenger behavior on business models

2021 ◽  
Vol 12 ◽  
pp. 100494
Author(s):  
Peter Wild
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Business Models ◽  
Cost Structures ◽  
Responsibility Cost ◽  
Corporate Social ◽  
Passenger Behavior

scholarly journals Reimagining Corporate Social Responsibility in the Era of COVID-19: Embedding Resilience and Promoting Corporate Social Competence

2021 ◽  
Vol 13 (12) ◽  
pp. 6548
Author(s):  
Jingchen Zhao
Keyword(s):  
Corporate Social Responsibility ◽  
Social Competence ◽  
Social Responsibility ◽  
Business Models ◽  
Institutional Environment ◽  
Company Law ◽  
The Sustainable Development ◽  
Ex Ante ◽  
Inclusive Business ◽  
Corporate Social

The debate over corporate objectives and how companies deal with amplified existing societal inequalities and vulnerabilities has received increasing attention in recent years, especially in the wake of the COVID-19 crisis. The pandemic encouraged companies and policy makers to consider ways to develop a more enabling institutional environment, not only to tackle the ongoing crisis but also to prepare for similar future tests. Against this backdrop, the purpose of this paper is to focus on the significance and effectiveness of ex ante corporate social responsibility (CSR) law approaches in tackling the challenges brought by the pandemic. We investigate the uniqueness of the sustainable development challenges in the era of the pandemic, and introduce “corporate social competence” as a compliance principle in response to the need for forward-looking approaches to risk management and strategic planning. We use two ex ante legislative approaches in company law, namely mandatory CSR policy and legally recognised inclusive business models, as examples to illuminate the contribution of company law to navigate the pandemic beyond philanthropic CSR actions.

From Corporate Social Responsibility to Social Entrepreneurship

2016 ◽  
pp. 78-92
Author(s):  
Eva Asensio ◽  
Jesús Perán ◽  
Yolanda Rodríguez
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Social Entrepreneurship ◽  
Business Models ◽  
Negative Impact ◽  
Point Of View ◽  
Economic Changes ◽  
Creating Shared Value ◽  
Unethical Practices ◽  
Corporate Social

Corporate Social Responsibility has become more significant among companies and other institutions. Nevertheless, the traditional approach of corporate social responsibility, based on preventing the possible negative impact of irresponsible and unethical practices, is no longer enough. The profound socio-economic changes, accelerated as a result of the global economic crisis, demand a further step respect to corporate social responsibility paradigm linking to the so-called social entrepreneurship, understood here as the incorporation of new social demands to business models. This chapter aims to redefine the concept of social entrepreneurship from an eclectic point of view and present a methodological approach for their measurement as a tool for business strategic planning. The theoretical proposal of social entrepreneurship tries to link creating shared value concept with the stakeholder theory, paying special attention to the Social Return on Investment (SROI) method, together with neuroscientific approach, as tools for the measurement of social value.

scholarly journals Corporate Social Responsibility Influencing Sustainability within the Fashion Industry. A Systematic Review

2020 ◽  
Vol 12 (21) ◽  
pp. 9167
Author(s):  
Thorey S Thorisdottir ◽  
Lara Johannsdottir
Keyword(s):  
Corporate Social Responsibility ◽  
Supply Chain ◽  
Social Responsibility ◽  
Business Models ◽  
Low Cost ◽  
Fashion Industry ◽  
Scientific Databases ◽  
Academic Publications ◽  
Architecture And Design ◽  
Corporate Social

The fashion industry, one of the largest industries in the world, is a complicated phenomenon, driven by aspirations of symbolic lifestyle and the creativity of architecture and design. It pushes the use of natural resources to its limits by mass production and a low-cost structure that motivates consumerism at large. The purpose of this study is to explore corporate social responsibility and how it influences sustainability within the fashion industry. A systematic literature review was carried out. This encompassed the academic publications available in two scientific databases focusing on Corporate Social Responsibility (CSR), sustainability, and fashion, covering the period 2003–2019. The findings indicate that the CSR approach taken by managers within the fashion industry is focused on sustainability, business models, and/or supply chain innovation, with commitments undertaken concerning the economy, environment, and/or society, wherein the production of eco-friendly products and workers’ safety are emphasized. Actions that tie CSR and sustainability with companies’ actions are presented in a micro-meso-macro framework, where brand equity, culture, supply chain management, activism, and human rights are evident. The findings of the study are relevant for academia, practitioners, and policymakers, as they provide insight into the operations and impacts of domestic and multinational fashion companies, outlining the most relevant studies on the topic, and also highlighting research trends and gaps in the field.

scholarly journals CORPORATE SOCIAL RESPONSIBILITY IN TIMES OF CRISIS: COVID-19

2021 ◽  
Author(s):  
Marija Šain
Keyword(s):  
Human Rights ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Research Methodology ◽  
Business Models ◽  
Review Of The Literature ◽  
Community Needs ◽  
Corporate Social ◽  
External Community ◽  
Crisis Situations

Corporate social responsibility implies business with concern for ethics, human rights, community needs, and investment in environmental protection. It is especially evident in crisis situations when the expectations of the environment about the application of these principles of the company are higher. The Covid-19 pandemic, as a crisis situation in which companies found themselves, led to changes in business models that had an impact on their stakeholders as well. In this segment, corporate social responsibility can be a useful and effective way to mitigate the potential effects of a pandemic and make it easier to deal with the consequences of a crisis. The aim of this paper is to provide a theoretical framework for the study of corporate social responsibility in crisis situations with special reference to the situation related to Covid-19. For this purpose, the research methodology includes a review of the literature on corporate social responsibility in this situation by classification into external (community, customer, and environment) and internal (employees) dimensions of the application of corporate social responsibility. The paper highlights the problems and challenges associated with corporate social responsibility in the Covid-19 pandemic and suggests further research opportunities in this area.

Corporate social responsibility during unprecedented crises: the role of authentic leadership and business model flexibility

2020 ◽  
Vol 58 (10) ◽  
pp. 2213-2233
Author(s):  
Corey Fox ◽  
Phillip Davis ◽  
Melissa Baucus
Keyword(s):  
Corporate Social Responsibility ◽  
Leadership Development ◽  
Social Responsibility ◽  
Business Model ◽  
Authentic Leadership ◽  
Business Models ◽  
Research Approach ◽  
Content Type ◽  
Model Flexibility ◽  
Corporate Social

PurposeThe purpose of the present research is to explore the relationships between corporate social responsibility (CSR), authentic leadership and business model flexibility during times of unprecedented crises.Design/methodology/approachThe research approach in this study is conceptual. After a brief review of the literature associated with CSR, authentic leadership and business models, the authors introduce a model describing the interaction of authentic leadership and business model flexibility on CSR heterogeneity.FindingsThis research explains how firms that are led by authentic leaders and that have flexible business models will be more engaged with their stakeholders than firms with less authentic leaders or more rigid business models during unprecedented crises.Practical implicationsPrescriptions for practitioners are suggested for improving authentic leadership as well as making adaptations to the firm's business model. Regarding authentic leadership, firms can screen potential new hires and existing employees for authentic leadership qualities. Firms can also rely upon existing interventions shown to assist in authentic leadership development for current leaders. At the business model level, firms can focus on core resources and their application in related product and service markets.Originality/valueFirms engaged in CSR activities benefit more from those activities when leaders are authentic. However, in times of unprecedented crises, business model flexibility may also dictate the extent to which firms can satisfy their stakeholders. The authors introduce a conceptual model that takes the elements of authentic leadership and business model flexibility into account to explain CSR heterogeneity.

scholarly journals Corporate Social Responsibility and Firm Performance in China’s Manufacturing: A Global Perspective of Business Models

2021 ◽  
Vol 13 (4) ◽  
pp. 2388
Author(s):  
Qianqian Hu ◽  
Tianlun Zhu ◽  
Chien-Liang Lin ◽  
Tiejun Chen ◽  
Tachia Chin
Keyword(s):  
Developing Countries ◽  
Corporate Social Responsibility ◽  
Firm Performance ◽  
Social Responsibility ◽  
Business Models ◽  
Manufacturing Firms ◽  
Global Perspective ◽  
Internet Technology ◽  
Digital World ◽  
Corporate Social

In a globalized and digital world, manufacturing firms have used internet technology to conduct value appropriation (VA). However, during the COVID-19 crisis, export-led manufacturing firms around the world, particularly those in developing countries, have been forced to lay off workers and cope with VA-related problems, and serious survival problems have resulted in critical corporate social responsibility (CSR)-related challenges. Whereas limited research has discussed relevant issues in nonwestern contexts, we adopt a global perspective of business model and transactional cost theory, aiming to fill this gap by investigating the mechanisms among different dimensions of CSR implementation, firm performance, and VA herein. Based on a sample of listed Chinese manufacturing firms, the results show that the CSR technique dimension is negatively related to firm performance, that the CSR content dimension is positively related to firm performance, and that VA positively moderates the relationships of all three CSR dimensions to firm performance. The main contribution here is providing a more comprehensive understanding of how different CSR dimensions reflect firms’ multiple ethical behaviors, which influence their sustainable performance, respectively, thus enriching the existing knowledge of CSR studies in a new digital era riddled with uncertainties and complexities. We also offer practical implications for other export-led manufacturing firms in developing countries facing turbulent times.

scholarly journals CORPORATE SOCIAL RESPONSIBILITY IN BUSINESS AND MANAGEMENT UNIVERSITY EDUCATION: THE RELEVANCY TO THE BUSINESS PRACTICES IN BULGARIA

2015 ◽  
Vol 10 (2) ◽  
Author(s):  
Irena Slavova ◽  
Yovka Bankova
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Large Scale ◽  
Business Models ◽  
University Education ◽  
Current Status ◽  
Business Practices ◽  
Corporate Actions ◽  
Corporate Social ◽  
Business And Management

In the last decades corporate social responsibility (CSR) has forcefully and irreversibly become a part of the corporate actions of a growing number of companies and continues to provoke the interest of governments, international institutions, scientists and researchers. The new imperatives on CSR have increased the requirements of companies towards the education and preparation of experts with the requisite skills and competences. The objective of the paper is to discuss how business universities meet the demand for new business models and management skills in order to help companies in Bulgaria to develop socially responsible practices.The study is based on a web-content analysis of the curricula and study programs of all Bulgarian universities training business and management students in Bachelor and Master programs. The obtained results regarding the current status of CSR education are interpreted in the context of CSR in businesses in Bulgaria. To this end, results were used from a large-scale study by the authors on the status and trends of development of CSR in Bulgaria, thus uncovering the needs of companies operating on the Bulgarian market in terms of employees with CSR skills and competences, and showing the gap between the demand and supply of CSR education for business and management graduates in Bulgarian universities (Bachelor and Master programs). The conclusions delineate the directions in which teaching CSR-related issues should develop in higher education institutions in Bulgaria.

scholarly journals THE USING OF MODERN MARKETING TOOLS IN THE CONTEXT OF SOCIAL RESPONSIBILITY OF BUSINESS

2021 ◽  
Vol 2 (3) ◽  
pp. 45-53
Author(s):  
Tetiana Kulinich ◽  
Nataliia Terentieva
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Business Models ◽  
Digital Marketing ◽  
Consumer Loyalty ◽  
Doing Business ◽  
Ethical Marketing ◽  
Corporate Social ◽  
Global Influence

The article is devoted to the problem of using modern marketing tools in the context of corporate social responsibility. It was offered the mechanism of introduction of principles of social responsibility of business through implementation of the concept of socio-ethical marketing in business practice. It was substantiated the elements of the marketing complex for the concept of socio-ethical marketing and the modern vision of this concept, which involves the use of digital marketing tools to promote goods, services and ideas. It was analyzed the factors of global influence on the conditions of doing business, which were formulated in the following areas: a single information space; creation of new business models using artificial intelligence; the economy of shared consumption, which enhances the ability to access various sources of information, providing a multidimensional picture of consumer behaviour; increase consumer loyalty to the use of digital search tools about the characteristics of the product and the possibilities of its purchase and further use; new systems of marketing information in terms of expanding its subsystem of Internet research; the spread of cognitive technologies creates new approaches to information processing and management principles, and also contributes to the transformation of many areas of social and economic development in terms of displacing human labour as a factor in the production of some of them. It was proposad the author's approach to the modern interpretation of socio-ethical marketing, which is based on the needs of consumers in the context of the principles of social responsibility and modern digital tools for their implementation, taking into account the factors of global influence. In the context of such an approach, ethical norms and principles of corporate social responsibility must be implemented. The main purpose of socio-ethical marketing should be the formation of consumer loyalty through the creation of associations with social programs conducted by enterprises and organizations. In this context, the tasks of socio-ethical marketing should be: the analysis of the target audience; development of measures to form a system of customer loyalty and strengthen the position of the brand in a niche market; the improving the quality of goods and services and their compliance with socio-economic and environmental standards; the formation of a system of measures that will improve the quality of life. It was carried out the analysis of marketing tools in the context of realization of the concept of socio-ethical marketing in the conditions of digitalization. It was considered the conditions of development of digital marketing tools. It was determined that the marketing tools that are implemented in the digital economy have certain advantages in the formation of socially defined attributes and needs of specific social groups. However, it does not sufficiently regulate the ethical issues of using personal data of consumers in the context of digitalization. However, studies show a trend of change in the field of socio-ethical relations with consumers, the formation of a paradigm of social responsibility of doing business in new conditions with the spread of cognitive technologies for managing consumer behavior.

Sign in / Sign up

Export Citation Format

Share Document