scholarly journals Should Corporate Social Responsibility Around The World be Mandatory or Voluntary?

2021 ◽  
Vol 27 ◽  
pp. 169-193
Author(s):  
Mohammad Alwasmi ◽  
Ahmad Alderbas

Corporate social responsibility (CSR) is an idea that has grown during the last three decades from the voluntary activity of business firms into a debate about whether CSR should be mandated by law because of the increased demand from society. Further, it has been argued that business corporations are owned by their shareholders, and the managers must concentrate on maximizing the wealth of their shareholders and not of the community. To determine how better to apply CSR, this paper begins with looking at the evolution of CSR as a system around the world and then discusses the definition of CSR. In addition, this paper explores the advantages and disadvantages of implementing voluntary CSR and then explores mandatory CSR. Moreover, in this paper, it is found that determining the proper CSR system depends on many factors in each country, such as the social, economic and legal factors that should be examined before applying mandatory or voluntary CSR.

2021 ◽  
Vol 1 (1) ◽  
pp. 38-50
Author(s):  
Noorwahid Sofjan

Since the CSR discourse has been widely discussed, the debate about the concept of CSR as an expression of moral responsibility and sensitivity to the social and environmental world has received resistance from some circles. The reason is that some people are trying to avoid CSR obligations. This paper talks about how the discourse and thinking about CSR struggles. Is CSR a voluntary activity for the company or is it an obligation (mandatory)? Then the authors describe the Indonesian context of CSR. And before the conclusion, the author tries to describe a case example of a CSR program run by a company in Indonesia and tries to analyze it from a human security perspective. As a result, from a human security perspective, the concept of CSR in Indonesia is still a problem. The cause, scholars are still trapped in efforts to formulate a detailed definition of CSR. As a result, practically the CSR program has not been seen as a humanitarian program. And it is still limited to a technical matter of fulfilling the company's procedural obligations.


2021 ◽  
Vol 1 (1) ◽  
pp. 38-50
Author(s):  
Noorwahid Sofjan

Since the CSR discourse has been widely discussed, the debate about the concept of CSR as an expression of moral responsibility and sensitivity to the social and environmental world has received resistance from some circles. The reason is that some people are trying to avoid CSR obligations. This paper talks about how the discourse and thinking about CSR struggles. Is CSR a voluntary activity for the company or is it an obligation (mandatory)? Then the authors describe the Indonesian context of CSR. And before the conclusion, the author tries to describe a case example of a CSR program run by a company in Indonesia and tries to analyze it from a human security perspective. As a result, from a human security perspective, the concept of CSR in Indonesia is still a problem. The cause, scholars are still trapped in efforts to formulate a detailed definition of CSR. As a result, practically the CSR program has not been seen as a humanitarian program. And it is still limited to a technical matter of fulfilling the company's procedural obligations.


2021 ◽  
Vol 3 (197) ◽  
pp. 63-69
Author(s):  
E.P. Troshina ◽  
◽  
T.A. Chizhova ◽  

With the increasing role assigned to the social mission of business in the formation of a positive image in front of the public, the problem of evaluating the activities in the field of corporate social responsibility (CSR) by organizations focused on successful development is becoming increasingly relevant. The article discusses the various approaches currently used in practice (including standards, sustainability indices, self-assessment models) that allow evaluating the activities of organizations in the field of CSR. Such a variety of evaluation methods is due to the fact that each of them has a number of limitations in its application, which should be considered. As a result of systematization of the approaches to CSR assessment considered in the framework of the study, their comparative analysis was carried out in key areas of CSR. A significant result of the presented scientific work is the determination of the most appropriate method for assessing the activities of mediumsized businesses in all areas of CSR (environmental, social, economic, stakeholders, neighborliness).


2014 ◽  
Vol 11 (4) ◽  
pp. 499-503 ◽  
Author(s):  
Serhii Illiashenko ◽  
Galina Peresadko ◽  
Olga Pidlisna ◽  
Evgeniy Kovalenko

The meaning of corporate social responsibility and the rating results of the Global competitive index 2011- 2012 of the World economic forum are given in the article. The emphasizing of society responsibility and responsibility for marketing activity and its influence on the society are researched in the work. The socially responsible marketing of the company in the profile of marketing-mix elements are proposed. In the article is determined that implementation of the social responsibility must take place at three levels: primary, corporate and highest.


2021 ◽  
Vol 2 (2) ◽  
pp. 84-98
Author(s):  
Andhang Kuswandriyo

Abstract                                                                              Improve the welfare of the community in the area around the company and corporate responsibility. This can happen because the community feels affected by the environment that comes from the company's operations. The improvement of conditions in the social environment is one way of fulfilling the responsibilities known as corporate social responsibility or CSR. The definition of economic democracy in the national economy is based on the principles of unity, equity, sustainability of function, environmental mobilization, independence, and in maintaining the balance of development and national economic unity, it is important to support the 'main economic institutions; to determine the welfare of the people. CSR activities for the community are a process of migration and are related to the existing resources in the community. Currently, Social Welfare is no longer voluntary in nature but it has become the responsibility of many companies to implement it, although so far there have been no serious sanctions imposed on non-CSR companies. Keywords: CSR; Corporate social responsibility; Law of the Republic of Indonesia Number 40 of 2007; Community Welfare


Author(s):  
Nitesh Raj

<p><em>These days when the Central Government is interested in Make in India campaign the scale of management or evaluation of business is not as if used to be about fifty years ago. At that time only that business organization was considered good which was earning profit for its owner but today the situation is absolutely changed. Today business has to look to the interest of many other stakeholders along with the interest of the owner. The employees- line and top management, consumers, suppliers, competitors, government, community, environment and even the world happen to be the other stakeholders. This responsibility of business, which includes the satisfaction of these parties along with the owner, is called the social responsibility of business or corporate sectors.</em></p>


Author(s):  
Robert Nartowski

The topic of CSR, or Corporate Social Responsibility, continues to grow in todays political, economical, and social spheres. Despite the fact that CSR is an immense driver for development projects around the world, there is little academic work that evaluates the effects of CSR and makes a judgment on this issue. Firstly, this study will define and organize the broad term of CSR as its meanings range from natural preservation projects to human resource benefits. Through the organization of the term CSR into various categories, one can better understand the complexities and ethical issues surrounding this avenue of funding. Secondly, this study will evaluate the effects of major CSR projects around the world. By examining the political, economical, and social advantages and disadvantages of some of the worlds largest CSR funded projects, a verdict will be made on this issue.


2015 ◽  
pp. 1140-1154
Author(s):  
Ruth Wolf

This chapter explains why Corporate Social Responsibility (CSR) is not widespread in some of countries, such as China, and how little effort towards CSR can create problems regarding a country's ability to trade with other countries that have national CSR policies and regulations. The chapter shows the strengths of organizations through the point of view of ethical social responsibility that actualizes itself in CSR. There is no doubt that the contribution to a community regarding the community's social, economic, and natural environment is impacted by different factors. A community is impacted by national policies as well as by the social perspectives and practices that exist in that nation. This chapter highlights the need to revive ethical values in the fields of society, economics, and the natural environment in correlation with the social and cultural norms in each given country.


2020 ◽  
Vol 13 (1) ◽  
pp. 155
Author(s):  
Andrzej Janowski

The idea of corporate social responsibility (CSR) has attracted the interests of both practitioners and scientists, particularly since 1953, when H. R. Bowen published The Social Responsibilities of the Businessman. Over the years, the CSR concept evolved and became a managerial phenomenon; it was applied to different sectors with supposedly excellent effects. Unfortunately, there was discourse around the meaning of CSR. In the world of science, there is no agreement as to the semantic area of CSR. Academics face absolute, undisturbed freedom in the formulation of its elements and definitions. That abovementioned ambiguity determined the situation the recent CSR literature is vague and biased, and an extensive analysis of the latest contributions are lacking. To address this gap, there has been proposed a systematic literature review and bibliometrics of 119 articles published in 45 peer-reviewed, high-quality academic journals and 19 books, from January 1950 to July 2020. There are three objectives of this paper: to analyze the recent CSR definitions in the context of Carnegie’s principles, to identify trends in that field and evaluate the utility of the scientific efforts in the abovementioned context, and to indicate the future research paths in the context of corporate social responsibility.


2021 ◽  
Vol 128 ◽  
pp. 01021
Author(s):  
Valeria Grishina ◽  
Daria Amelicheva ◽  
Nikita Tikhanov

The article examines the phenomenon of social investment, reveals the advantages, and overviews the potential of impact investments. Implementation of corporate social responsibility as a trend followed by international corporations is reviewed, and its role as the most widespread direction of ESG approach is discussed. The definition of social urban space that most fully meets modern trends is proposed; the trends relevant to the organization of urban spaces are considered in the article. A comparison is made between the Western experience of using social investments and Russian practice. The most promising directions of using social investment for the development of the social urban environment are proposed.


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