National culture and institutions and corporate social responsibility in the Middle East: Call for papers

2010 ◽  
Vol 10 (2) ◽  
pp. 263-264 ◽  
Keyword(s):  
Corporate Social Responsibility ◽  
Middle East ◽  
Social Responsibility ◽  
National Culture ◽  
Corporate Social

scholarly journals The Middle East perspective of Corporate Social Responsibility

2018 ◽  
Vol 3 (4) ◽  
pp. 282-291
Author(s):  
Yehia Al-Daaja ◽  
György Norbert Szabados
Keyword(s):  
Corporate Social Responsibility ◽  
Middle East ◽  
Social Responsibility ◽  
Business Strategy ◽  
Secondary Data ◽  
Partnership Model ◽  
Business Operations ◽  
Current State ◽  
Strategic Approach ◽  
Corporate Social

Corporate social responsibility (CSR) in the Middle East is gaining more importance than in the past. Although it still remains more about philanthropy and charity, it moves towards a more strategic approach which includes formalizing ways of giving, as a set of non-random actions, and focuses more on addressing social ills and environment, economic challenges, that are hindering development. However, the business in the region has not yet taken the step to fully integrate the CSR into their core business operations. The most common challenges that facing the CSR implementation are the lack of government requirements and incentives, spreading awareness, building CSR partnership model, going beyond the marketing and PR campaigns, and full integration of CSR into the business strategy. In this paper, we aim to introduce the current state of the CSR in the Middle East and its perspectives, besides reviewing its evaluation stages, motivations, and current challenges. Moreover, we aim to examine CSR common practices through examples from the financial sector. The research method applied in this research is based on secondary data sources and we have used desk research to illustrate most important points and findings on the topic.

scholarly journals Islamic corporate social responsibility (ICSR) concept: The case of 21st century Middle East

2014 ◽  
Vol 10 (2) ◽  
pp. 64-76
Author(s):  
Meshaal J. Alshammary
Keyword(s):  
Corporate Social Responsibility ◽  
Middle East ◽  
Social Responsibility ◽  
Middle Eastern ◽  
Eastern Region ◽  
Un Global Compact ◽  
Market Strategy ◽  
Economic Agents ◽  
Arab League ◽  
Corporate Social

Markets are the place where buyers and sellers meet. The characteristics of such a place are almost universal, measurable, money is the medium, and the rules are mainly simple and flexible. Customers, partners and suppliers, competitors, and employees are the elements of the market environment. On the other hand, the non-market elements are everything that affects the market indirectly. Non-market strategy recognises that businesses are social and political beings, not just economic agents. A non-market strategy allows a company to shape the environment in which it operates, creating opportunities. Islamic Corporate Social Responsibility (ICSR) derives itself from core principles in the holy Qur’an. The three major foundational principles for ICSR are the vicegerency of mankind on earth, divine accountability and the duty on mankind to enjoin good and forbid evil. ICSR concept appears to be in close conformity with the Ten Principles of the UN Global Compact, but in many respects go further than the minimum standards adopted by this framework. MNCs should not underestimate the Middle Eastern region historical events of the Arab League boycott, the Danish cartoons and the ‘Arab Spring’ revolution. Admitting these, the ICSR concept will offers great opportunities for MNCs to invest and operate in the Middle East.

scholarly journals Editorial: Corporate governance and regulation is getting ready for the 2020s

2020 ◽  
Vol 8 (4) ◽  
pp. 4-6
Author(s):  
Udo Braendle
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Middle East ◽  
Social Responsibility ◽  
Financial Reporting ◽  
Valuation Methods ◽  
Corporate Social

The latest 2019 Issue 4 of Volume 8 is devoted to interesting topics in the field of governance as well as regulation that will be very relevant for 2020 and beyond: financial reporting, the multi-factor partitioning model, corporate governance in Middle East and Africa, valuation methods, impact finance, Corporate Social Responsibility and Green Bonds

Corporate social responsibility: Internet social and environmental reporting by banks

2017 ◽  
Vol 25 (3) ◽  
pp. 414-446 ◽  
Author(s):  
Sandra Khalil ◽  
Patrick O’sullivan
Keyword(s):  
Corporate Social Responsibility ◽  
Middle East ◽  
Social Responsibility ◽  
Banking Sector ◽  
Positive Impact ◽  
Middle Eastern ◽  
Environmental Reporting ◽  
Content Type ◽  
Social And Environmental Reporting ◽  
Corporate Social

Purpose The purpose of this paper is to provide further insight into internet social and environmental reporting (ISER) in the Middle East by investigating the ISER of Lebanese banks as well as their greenwashing behaviour and identifying its extent, quality and association with different variables such as profitability, size, religion and other variables. Design/methodology/approach This study adopted a mixed methodology. Interviews were conducted to seek the opinions of banks towards corporate social responsibility (CSR). Content analysis of bank’s websites was used to examine the extent, quality and association of ISER with several bank characteristics. Findings The results show the prevalent use of ISER and greenwashing by Lebanese banks. The most disclosed category of ISER is community, whereas the least disclosed is environment. The study found a positive association between ISER and bank profitability, size, leverage and ownership concentration and an insignificant relationship with age and religion. Research limitations/implications The authors recognise that the sample is small and addresses a single context and that it could have been expanded to other Middle Eastern contexts. However, the study is exploratory focusing on the Lebanese banking sector which is one of the most developed in the region. Further longitudinal studies could also be conducted to complement the work. The process used to measure greenwashing could be enhanced by addressing the materiality of CSR disclosures to stakeholders and the purpose of communicating CSR information. Practical implications In light of the empirical findings, banks will gain a better understanding of the status and importance of ISER and will understand the risks of greenwashing leading them towards higher standard ISER and more ethical activities, which will have a positive impact on the Lebanese economy and society. Originality/value This study examines almost all aspects of online social and environmental disclosures including the webpage, CSR sections in addition to online published reports; it is an investigation about ISER with reference to Lebanon which has perhaps the most significant banking sector in the Middle East. It tackles the greenwashing issue in a new context and in a different way by examining its association with several variables. The study also investigates the association between religion and ISER which has seldom been tackled in similar studies.

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