The role of ethical advisors in promoting socially responsible investments

Purpose The purpose of this paper is to investigate to what extent dynamic capabilities (DCs) developed in the field of green supply chain management can foster social supply chain performance. In addition, the role of both human and stakeholder capital in enhancing this relationship is investigated. Design/methodology/approach Relying on the theoretical framework of the resource-based view, complemented with the DCs perspective, the authors hypothesize about the benefits of a firm’s environmental management capability for its social supply chain performance, as well as the moderating role of both human and stakeholder capital. Our contentions are tested through a multi-year database of socially responsible investments covering 1,177 multinational corporations. Findings The findings show that companies can sustain positive and superior social performance in their supply chain by leveraging DCs developed in the environmental field. This impact is further shown to be elevated in the presence of both human and stakeholder capital. Research limitations/implications This study represents a snapshot of the transformation process from environmentally to socially responsible supply chains. While the secondary data employed offers unique advantages, secondary data also have limitations. Social implications Developing environmental capabilities not only enhances companies’ profitability, but can also lead to better supply chains through improved labor conditions and well-being. Originality/value The authors’ shift from a company-centric to a sustainability-centric conceptualization of DCs can open up new opportunities to engage research, potentially leading to high-impact results in the field of sustainable supply chain management. In addition, the authors leverage a secondary data source not frequently utilized in prior work.

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Are People Altruistic When Making Socially Responsible Investments? Evidence From a tDCS Study

Frontiers in Neuroscience ◽

10.3389/fnins.2021.704537 ◽

2021 ◽

Vol 15 ◽

Author(s):

Xiaolan Yang ◽

Wenting Meng ◽

Shu Chen ◽

Mei Gao ◽

Jian Zhang

Keyword(s):

Decision Making ◽

Socially Responsible ◽

Responsible Investment ◽

Temporoparietal Junction ◽

Charitable Donations ◽

Anodal Stimulation ◽

Socially Responsible Investments ◽

The Right ◽

Cathodal Stimulation

Socially responsible investment (SRI) is an emerging philosophy that integrates social and environmental impacts into investment considerations, and it has gradually developed into an important form of investment. Previous studies have shown that both financial and non-financial motivations account for SRI behaviors, but it is unclear whether the non-financial motive to adopt SRI derives from investors’ altruism. This study uses neuroscientific techniques to explore the role of altruism in SRI decision-making. Given that existing evidence has supported the involvement of the right temporoparietal junction (rTPJ) in altruism and altruistic behaviors, we used transcranial direct current stimulation (tDCS) to temporarily modulate activity in the rTPJ and tested its effect on charitable donations and SRI behaviors. We found that anodal stimulation increased the subjects’ donations, while cathodal stimulation decreased them, suggesting that tDCS changed the subjects’ levels of altruism. More importantly, anodal stimulation enhanced the subjects’ willingness to make SRIs, while cathodal stimulation did not have a significant impact. These findings indicate that altruism plays an important role in SRI decision-making. Furthermore, cathodal stimulation changed the subjects’ perceived effectiveness of charitable donation but not that of socially responsible fund. This result may help explain the inconsistent effects of cathodal stimulation on charitable donations and SRI behaviors. The main contribution of our study lies in its pioneering application of tDCS to conduct research on SRI behaviors and provision of neuroscientific evidence regarding the role of altruism in SRI decision-making.

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The role of corporate investment in social responsible practices in the promotion of employees’ organizational citizenship behaviour

Investigação e Intervenção em Recursos Humanos ◽

10.26537/iirh.v0i2.2011 ◽

2014 ◽

Author(s):

Ana Patrícia Duarte ◽

José Gonçalves das Neves

Keyword(s):

Job Satisfaction ◽

Organizational Citizenship ◽

Economic Uncertainty ◽

Socially Responsible ◽

Organizational Survival ◽

Current Scenario ◽

Reducing Costs ◽

Using Data ◽

Airline Company

In the current scenario of economic uncertainty, where many organizations struggle harder for reducing costs while improving their competitiveness, employees’ organizational citizenship behaviours might have an enhanced importance for organizational survival and success. A model proposing that corporate engagement in internal socially responsible practices enhances employees’ job satisfaction and consequently increases employees’ extra-role behaviours was tested. Using data obtained from a sample of employees from an airline company (n=133), the model was examined and supported. We have therefore concluded that organizations may foster employees’ extra-role behaviours by investing in corporate socially responsible practices that signal corporate concern with employees and promote job satisfaction.

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The Performance of Socially Responsible Investments: An Examination under the ICAPM Framework

SSRN Electronic Journal ◽

10.2139/ssrn.2131733 ◽

2012 ◽

Author(s):

Yuchao Xiao ◽

Robert W. Faff ◽

Philip Gharghori ◽

ByoungKyu Min

Keyword(s):

Socially Responsible ◽

Socially Responsible Investments

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Socially Responsible HR in Action: Learning from Corporations Listed on the Dow Jones Sustainability Index World 2018/2019

Sustainability ◽

10.3390/su13063237 ◽

2021 ◽

Vol 13 (6) ◽

pp. 3237

Author(s):

Pyounggu Baek ◽

Taesung Kim

Keyword(s):

Multinational Enterprises ◽

Corporate Sustainability ◽

Action Learning ◽

Socially Responsible ◽

Sustainability Index ◽

Responsible Management ◽

Dow Jones Sustainability Index ◽

The Individual ◽

Corporate Social

As ethical management, corporate social responsibility (CSR), and corporate sustainability (CS) are increasingly permeating business discourse, contemplating the role of human resources (HR) in helping organizations with socially responsible management is a proactive acceptance of stakeholders’ expectations while reinforcing the field’s identity and contribution. In response, the we examined the HR policies and practices of 46 multinational enterprises (MNEs) listed on the Dow Jones Sustainability Index (DJSI) World 2018/2019 to add new insights to the literature and inform the HR field on how to move forward with socially responsible HR. Content analysis and inductive conceptualization of the MNEs’ HR activities produced a triangular pyramid for socially responsible HR, constructed with eight major themes at the individual, organizational, and institutional levels. Building on the findings, we suggest implications for practice and research, and conclude with urging the HR community to demonstrate leadership in setting the agendas and facilitating change toward socially responsible management.

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Coping with COVID-19. Dugnad: a case of the moral premise of the Norwegian welfare state

International Journal of Sociology and Social Policy ◽

10.1108/ijssp-07-2020-0263 ◽

2020 ◽

Vol ahead-of-print (ahead-of-print) ◽

Author(s):

Ann Christin Eklund Nilsen ◽

Ove Skarpenes

Keyword(s):

Moral Ideal ◽

Socially Responsible ◽

Content Type ◽

Working Classes ◽

Collective Effort ◽

Orders Of Worth ◽

Pragmatic Sociology ◽

Interview Studies ◽

Welfare Model

PurposeThis paper provides an analysis of the notion of dugnad (collective effort) in the context of the first weeks of the outbreak of COVID-19 in Norway. By appealing to people's sense of collective effort (dugnadsånd) Norwegian leaders successfully managed to coordinate the actions of the population and beat the outbreak.Design/methodology/approachThe argument builds on the pragmatic sociology associated with Boltanski and Thévenot and their “orders of worth”. Building on qualitative interview studies of the Norwegian middle and working classes a moral ideal type labelled “the socially responsible citizen” is identified.FindingsThe authors argue that dugnad is embedded in a moral repertoire of the socially responsible citizen that is indicative of a specific Norwegian welfare mentality and that is imperative for the sustainability and resilience of the Norwegian welfare model. This repertoire is found across social classes and has to be understood in light of the Norwegian welfare model and the role of civil society.Social implicationsThe analysis explains the societal impact of the appeal and endorsement of the notion of dugnad in the context of the outbreak of COVID-19.Originality/valueThe paper explores the roots and impact of a social phenomenon that has not been a matter for much sociological analysis.

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