scholarly journals Common Ownership and Corporate Social Responsibility

2020 ◽  
Author(s):  
Xin Dai ◽  
Yue Qiu
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Two Stage ◽  
Empirical Results ◽  
Common Ownership ◽  
Corporate Social ◽  
Commitment Device

Abstract This paper studies the effect of common ownership on corporate social responsibility (CSR). We find that common ownership is positively associated with a firm’s CSR score. The effect is stronger for firms in more competitive industries. We propose a two-stage duopoly game in which CSR serves as a commitment device to expand output aggressively to understand the empirical results.

scholarly journals Two-Stage Production System Pondering upon Corporate Social Responsibility in Food Supply Chain: A Case Study

2021 ◽  
Vol 11 (3) ◽  
pp. 1088
Author(s):  
Ten-Suz Chen ◽  
Yung-Fu Huang ◽  
Ming-Wei Weng ◽  
Manh-Hoang Do
Keyword(s):  
Corporate Social Responsibility ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Social Responsibility ◽  
Food Supply ◽  
Production System ◽  
Food Supply Chain ◽  
Two Stage ◽  
Chain Management ◽  
Corporate Social

Corporate social responsibility (CSR) has witnessed remarkable attention in academic studies as well as being widely conducted in different industries globally. This specific case was chosen as one of the biggest dairy companies that may be represented for Vietnam dairy supply chain management. This research aims to integrate CSR initiatives into food supply chain management to clarify the optimal replenishment policy, paying close attention to the relationship between midstream manufacturers and final customers. The classical economic production quantity model has been employed, relying on the two-stage assembly production system. The three parameters that contribute to the total profit formulation that have been considered consist of the social charity amount for per unit selling, the unit wholesale price of the manufacturer, and the return rate of used goods from the customer. The study has stressed that there is a significant impact from implementing CSR initiatives on the enterprise’s inventory policy that leads to enhance the firm’s financial performance.

scholarly journals Managerial Ability and Corporate Social Responsibility

2021 ◽  
pp. 138-145
Author(s):  
Gao Meng ◽  
Keyword(s):  
Corporate Social Responsibility ◽  
Property Rights ◽  
Social Responsibility ◽  
Significant Positive Correlation ◽  
Stage Model ◽  
Managerial Ability ◽  
Empirical Results ◽  
Corporate Social ◽  
Managerial Capabilities ◽  
Specific Impact

The article uses the listed companies in Shanghai and Shenzhen in 2011-2017 as a research sample, uses the Demerjian (2012) Dea-Tobit two-stage model to measure managerial capabilities, and uses OLS regression to test the specific impact of managerial capabilities on corporate social responsibility. It analyzes the role played by the nature of property rights and the concentration of equity in the process of managers’ ability to influence corporate social responsibility. The empirical results show that there is a significant positive correlation between managerial ability and corporate social responsibility, that is, the improvement of managerial ability can promote enterprises to actively perform social responsibility. Further research found that state-owned property rights and equity concentration are significantly positively correlated with corporate social responsibility, and the interactions between state-owned property rights and managerial capabilities, and between equity concentration and managerial capabilities will also strengthen enterprises.

scholarly journals Managerial Risk Perceptions of Corporate Social Responsibility Disclosure: Evidence from the Forestry Sector in China

2021 ◽  
Vol 13 (12) ◽  
pp. 6811
Author(s):  
Feifei Lu ◽  
Zhaohua Wang ◽  
Anne Toppinen ◽  
Dalia D’Amato ◽  
Zuomin Wen
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Influencing Factors ◽  
Risk Perceptions ◽  
Stage Model ◽  
Two Stage ◽  
Managerial Risk ◽  
Forestry Sector ◽  
Csr Disclosure ◽  
Corporate Social

Understanding how managers perceive risks in the decision-making process of corporate social responsibility (CSR) disclosure is vital, especially in sectors with high social and environmental demands on sustainability. The main aim of this study was to explore the impact of managerial risk perceptions and influencing factors on CSR disclosure in the forestry sector of China and to improve the sustainable development of forestry. Utilizing survey data of 214 managers from Chinese forestry enterprises, we analyzed how manager backgrounds, including six variables (gender, age, education level, degree major, number of years working as a manager, and work experience) related to the managers’ risk perceptions of CSR disclosure via a two-stage model. The analyses of the two-stage model revealed that the influence factors differ in the two stages of risk perception. According to our results, influencing factors were not the same at various stages of the CSR reporting process. This requires decision makers to take practical driving factors into account and select managers with different characteristics to carry out the CSR disclosure of forestry enterprises.

scholarly journals Students’ values, professional socialization and the mental gap of corporate social responsibility perceptions

PLoS ONE ◽  
2021 ◽  
Vol 16 (12) ◽  
pp. e0261653
Author(s):  
Nikša Alfirević ◽  
Vojko Potočan ◽  
Zlatko Nedelko
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Teaching And Learning ◽  
Business Schools ◽  
Professional Socialization ◽  
Future Research ◽  
School Students ◽  
Empirical Results ◽  
South East Europe ◽  
Corporate Social

This paper examines how values and professional socialization in business schools impact the formulation of students’ contextualized view of social responsibility. We propose the empirical concept of a mental gap between the existing and the wished-for level of a business school’s corporate social responsibility and estimate it empirically by using a sample of business school students from Central and South East Europe. Results show that students wish their business schools to reduce their current orientation toward economic outcomes and focus on environmental and social responsibilities. We interpret those empirical results in terms of the students’ wish to balance achieving economic prosperity and enjoyment of life with the prosocial outcomes of their education. New student generations’ perception of corporate social responsibility is not shaped by the professional socialization patterns but rather by the own perceptions, which can be influenced by experiential approaches to academic teaching and learning. Based on these empirical results, implications for academic practice and future research are explored.

Corporate social responsibility and stock price crash risk

2016 ◽  
Vol 42 (10) ◽  
pp. 963-979 ◽  
Author(s):  
Ming-Te Lee
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Stock Price ◽  
Crash Risk ◽  
Least Squares Regression ◽  
Content Type ◽  
Empirical Results ◽  
Corporate Social ◽  
The Impact

Purpose The purpose of this paper is to test opposing views of the relationship between corporate social responsibility (CSR) and stock price crash risk in a major Asian emerging stock market. Design/methodology/approach This paper suggests an endogenous relationship between CSR and stock price crash risk. Hence, this paper uses two-stage least squares regression analysis to address the bias and inconsistency associated with endogeneity issues. Moreover, previous studies argue that the level of effectiveness of corporate governance significantly affects firm-specific stock price crash risk. Thus, this paper further divides the overall sample into two sub-samples according to the median of the corporate governance index. Furthermore, this paper investigates the impact of CSR on stock price crash risk under corporate governance. Findings The empirical results show that CSR significantly mitigates Taiwanese stock price crash risk. This finding is consistent with the notion that socially responsible Taiwanese firms commit to a higher standard of transparency and engage in less bad news hoarding, thus reducing crash risk. The empirical results also show that CSR has a more pronounced effect in mitigating crash risk for Taiwanese firms with less effective corporate governance. Originality/value The study findings indicate that CSR plays a more important role in reducing crash risk for Taiwanese firms with weak governance mechanisms.

scholarly journals Swiss CSR-driven business models extending the mainstream or the need for new templates?

2016 ◽  
Vol 13 (4) ◽  
pp. 110-121 ◽  
Author(s):  
Stéphanie Looser ◽  
Walter Wehrmeyer
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Business Model ◽  
Business Models ◽  
Delphi Process ◽  
Two Stage ◽  
The Core ◽  
Economic Rationale ◽  
Corporate Social

Many Swiss small and medium-sized enterprises (SMEs) have highly sophisticated Corporate Social Responsibility (CSR) agendas embedded in corporate cultures that nurture a “raison d’être” far beyond formalisation. Previous research culminated in the characterisation of this core logic as “L’EPOQuE”, the overarching SME business model making Switzerland, arguably, a hidden champion in CSR. This paper explored by the method of a two-stage Delphi process the model’s consistency with criteria of conventional business models. It confirmed the core logic of L’EPOQuE and encouraged at the same time slight modifications with regard to nomenclature of sub-features resulting in L’EPOQuE 2.0. This heightened the power of this CSR-driven approach to be a new template for informal set-ups, and niches. It emerges from the difficulties some mainstream business models have to satisfy the needs of business at the nexus of culture and economic rationale.

Corporate social responsibility and corporate governance impact on finance performance

2014 ◽  
Vol 64 (Supplement-2) ◽  
pp. 69-77
Author(s):  
Hsiu-Jen Fu ◽  
Shu-Yi Ho
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Listed Companies ◽  
Corporate Value ◽  
Empirical Results ◽  
Corporate Development ◽  
Secondary Information ◽  
Corporate Social

This study explored, from the angle of corporate social responsibility and corporate governance, the extent to which the governance of listed companies in Taiwan affected and implemented, and understood its relation with corporate value. The method of statistics using SPSS 17.0 was employed and secondary information was gathered to probe the subjects. Empirical results with data were provided herein to present substantial recommendations for reference by the industry, academia, and governments in providing right tracks for corporate development, increasing intention to invest in market, and reinforcing investors’ confidence in good corporations for making investment.

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