Assessing the relation between corporate social responsibility and firm performance in the European food and beverage industry

Corporate social responsibility, a concept that has been around for well over 50 years has become prominent again recently. It is discussed in the context of organizations been socially responsible for the environment in which they operate. The strategy of impacting on these communities is referred to as corporate social responsibility. The study was designed to assess the strategies adopted by selected organizations in the Food and Beverage Industry in South-West Nigeria to preserve the environment in which they operate and control youth restiveness.Survey research design was adopted. The population consisted of communities in Lagos, Ogun and Osun States, namely: Ikeja, Apapa, Otta, Imagbon and Ilesa. A sample size of 600 (six hundred) respondents was drawn from the communities through the accidental and purposive sampling methods. The questionnaires were validated and their reliabilities confirmed through the analysis which resulted in Cronbach Alpha value of 0.957. Data collected were analysed using descriptive statistics, correlation and multiple regression.Findings revealed a significant positive relationship between corporate social responsibility, environmental preservation and the control of youth restiveness in the communities studiedThe study concluded that where firms get involved in corporate social responsibility, tendency is that communities will benefit immensely, it will lead to the enhancement of lives and general welfare of individuals, groups and society at large. It will equally assist in poverty alleviation. The study recommended that corporate social responsibility policies and practices should be more regulated and the need for the development of a legal framework for corporate social responsibility in Nigeria

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Corporate social responsibility in a local subsidiary: internal and external stakeholders’ power

EuroMed Journal of Business ◽

10.1108/emjb-01-2019-0013 ◽

2019 ◽

Vol 15 (3) ◽

pp. 377-393 ◽

Cited By ~ 3

Author(s):

Pilar Marques ◽

Merce Bernardo ◽

Pilar Presas ◽

Alexandra Simon

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Value Chain ◽

Future Research ◽

Content Type ◽

Beverage Industry ◽

External Stakeholders ◽

Food And Beverage ◽

Local Company ◽

Corporate Social

Purpose Using a theoretical and empirical focus on the power stakeholders exert, the purpose of this paper is to provide a better understanding of the factors that influence the subsidiaries of multinationals’ participation in corporate social responsibility (CSR) under the pressures (expectations and demands) their complex system of internal and external stakeholders’ places upon them. Design/methodology/approach Using an in-depth case study, the relationship a local subsidiary in the food and beverage industry has with its stakeholders as regards CSR is analyzed. Findings The findings illustrate three main aspects: how the local company is affected by and how it affects its stakeholders (an example of the multidirectionality of power and influence); the direct and indirect practices that are adopted to address challenges; and the importance of the role the local subsidiary plays as an implementer and diffuser of its parent organization’s responsible practices across the industry value chain. Originality/value To the best of authors’ knowledge, the focus is on analyzing the power stakeholders have in the context of multinational companies that has not been applied before, and the outcome of using this approach is that the authors have uncovered gaps in the literature for future research.

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Corporate Social Responsibility in Food and Beverage Industry: An Analysis Study of Soft Drinks Sector in Algeria

European Scientific Journal ESJ ◽

10.19044/esj.2018.v14n1p190 ◽

2018 ◽

Vol 14 (1) ◽

pp. 190

Author(s):

Ounane Boumediene ◽

Yahiaoui Nour El Houda

Keyword(s):

Public Health ◽

Social Responsibility ◽

Good Information ◽

Ethical Practices ◽

Analysis Study ◽

Beverage Industry ◽

Food And Beverage Industry ◽

Food And Beverage ◽

Corporate Social

The aim of this study is to highlight the most important issues of social responsibility for companies in the Algerian beverage sector. In Algeria, despite growing concerns of consumers and health advocates in effects associated with high levels of consumption of beverages on public health, along with other issues such as; the quality of drinks, percentage of sugar, ingredients, packaging. Studies dealing with social responsibility in this sector are rather scarce. Our results show that applying CSR principles stills not very common in this field and too much efforts are needed in order to legitimize the activity of the enterprises, likewise an increasing acceptance of social responsibility principles so that to establish the rules of ethical practices in the future. Finally, some urgent measures, such as installing a good information system as well as a set of laws and standards that regulates CSR, and reducing the effect of the informal sector should be undertaken by the Algerian government.

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Extended Performance Reporting: Evaluating Corporate Social Responsibility And Intellectual Capital Management

Issues in Social and Environmental Accounting ◽

10.22164/isea.v1i1.4 ◽

2007 ◽

Vol 1 (1) ◽

pp. 1 ◽

Cited By ~ 13

Author(s):

James Guthrie ◽

Suresh Cuganesan ◽

Leanne Ward

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Reporting ◽

Intellectual Capital ◽

Financial Reports ◽

Corporate Scandals ◽

Performance Reporting ◽

Beverage Industry ◽

Food And Beverage ◽

Corporate Social

Recent corporate scandals have resulted in heightened attention towards the shortcomings of traditional financial reporting frameworks. Concurrently, the rise of the corporate social responsibility imperative has led to criticisms that financial reports resent an incomplete account of a firm‟s activities. In addition, growing acknowledgement of the importance of a firm‟s intangibles and intellectual capital has been associated with increased commentary about the need for extra disclosures if a more complete picture of the firm‟s value is to be provided to external stakeholders. This paper responds to these concerns by developing an extended performance reporting framework to the Australian Food and Beverage Industry, which is characterised by both corporate social responsibility and intellectual capital issues. In relation to the latter, this framework presents a novel attempt to develop an industry-customised framework as called for by both industry bodies and researchers in the area.

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A Study on the Relationship between Environmental Corporate Social Responsibility, Corporate Image and Firm Performance in Chinese Enterprises

Korea Association of Business Education ◽

10.23839/kabe.2019.34.6.69 ◽

2019 ◽

Vol 34 (6) ◽

pp. 69-91

Author(s):

Shuyang Wang ◽

Sang－Gyun Na ◽

Jing Ye

Keyword(s):

Corporate Social Responsibility ◽

Firm Performance ◽

Social Responsibility ◽

Corporate Image ◽

Chinese Enterprises ◽

Corporate Social ◽

The Relationship

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Impact of strategic management, corporate social responsibility on firm performance in the post mandate period: evidence from India

International Journal of Corporate Social Responsibility ◽

10.1186/s40991-020-00052-4 ◽

2021 ◽

Vol 6 (1) ◽

Author(s):

Nayan Mitra

Keyword(s):

Corporate Social Responsibility ◽

Firm Performance ◽

Social Responsibility ◽

Strategic Management ◽

Emerging Economies ◽

Brand Building ◽

The Government ◽

To Come ◽

Key Aspects ◽

Corporate Social

AbstractCorporate Social Responsibility (CSR) is like a chameleon, that changes its colour according to the context it is in. In the developed economy, it takes the form of sustainability and/ or philanthropy, whereas, in emerging economies, it speaks the language of religious, political and/ or mandated CSR. India, in recent times came into the limelight with its mandated CSR policy that was incorporated into its Companies Act 2013, which became operational from the financial year 2014 - 2015. Mandated CSR is thus a new area of study that is based on the philosophy that ‘CSR should contribute to the national agenda in emerging economies,’ under some statutory guidelines as laid down by the Government.But, business houses, do look for maximising its profit. Profit can be financial and/ or non-financial. If not money, then at least the effort must be compensated with reputation, image, that helps in brand building! And, to have this as an objective, their efforts should be strategic! But, does all strategies work? With these questions and conceptual thinking, this empirical research aims to identify the key aspects of Strategic Management, CSR and Firm Performance and establish relationship between them; apart from developing a valid and reliable scale to do so. This is indeed one of the first researches and documentations done among the large Indian firms in India immediately in the post mandate period and thus forms a base for understanding the CSR dynamics in the years to come.

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