Corporate Social Responsibility and Corporate Liability for Environmental Damage

2020 ◽  
Author(s):  
Carola Glinski
2021 ◽  
Vol 12 (2) ◽  
pp. 332-367
Author(s):  
Abdulkadir Bolaji Abdulkadir

The abatement of environmental degradation has been an issue which has received growing attention in recent times. Despite the increased attention however, environment pollution has remained unabated in Nigeria with its adverse impacts on the citizens. The question then is, do businesses owe society any social responsibility as it relates to the protection of environment? The Energy sector in Nigeria plays a very crucial role in Nigeria’s development, as the industrial development and innovation necessary for the economic development of any country is directly linked to the management of energy resources. Nigeria is endowed with abundant (fossil fuel) energy resources, such as oil, gas, coal, fuel wood, etc., which are dominantly the fuel sources for electrical energy production, yet, Nigeria is faced with environmental challenges capable of limiting and destroying access to these energy resources without taking cognizance of their environmental control. Therefore, this article attempts at navigating the imperative of Corporate Social Responsibility. Furthermore, the use of Corporate Social Responsibility as a tool for abatement and prevention of environmental damage to the energy sector is considered. Finally, possible recommendations were made as control measure through CSR in Nigeria in order to protect the energy resources and ensure a clean and healthy environment.


2021 ◽  
Vol 13 (1(I)) ◽  
pp. 28-32
Author(s):  
Noegrahini Lastiningsih ◽  
Ermawati

This research begins with environmental damage is mostly carried out by companies with the background of company activities related to nature, and companies in Indonesia have not been able to carry out their social responsibilities to the society and the culture in which they operate to their full potential. This phenomenon also proves that the legal basis is not sufficient to motivate companies to carry out CSR as well as possible, but it also making social concerns a priority and part of the company's corporate plan needs engagement and support from management and shareholders. The aim of this research was to find out what factors influence corporate social responsibility disclosure on the Indonesian stock exchange. This study has three objectives namely to find out profitability, leverage and company size for corporate social responsibility disclosure. Therefore, this study relates to the measurement of corporate social responsibility disclosures by companies listed on the Indonesian stock exchange.


2019 ◽  
Vol 65 (4) ◽  
pp. 810-829
Author(s):  
Jyoti Rattan

Environment protection has become an area of grave significance in the present century, due to new developments, for saving the planet from the evils of pollution, climate change and so on. However, a new kind of pollutant, called ‘e-waste,’ has emerged due to the Internet revolution, otherwise a boon for development, but which is fast becoming one of the biggest threats to environment in the knowledge society of 21st century. It is significant to note that even the United Nations Environment Programme (UNEP) has admitted that the amount of e-waste generated per year grows rapidly. E-waste is dangerous and poses a threat to human health and environment. What is more shocking is its transportation from developed to developing countries, which is being done on a large scale and such e-waste there is being handled and disposed of unscientifically creating environmental damage. It is noteworthy that protection of the environment and e-waste management is fast becoming a major Corporate Social Responsibility (CSR). In promoting CSR as well as other responsibilities such as in the health or education sectors or poverty reduction, roughly 80 non-governmental organ sations (NGOs) (international or national) in collaboration with other actors have made sincere efforts raising awareness through campaigns by lobbying and so on. However, only a few of them are engaged in e-waste management related activates. This article is an attempt to study the role of Environmental NGOs (ENGOs) in promoting CSR, especially with regard to environment protection and e-waste management.


2016 ◽  
Vol 1 (1) ◽  
pp. 1
Author(s):  
Irwansyah Irwansyah ◽  
Gianto Gianto ◽  
Andi Syahwia

Development in Indonesia refers to the concept of sustainable development (sustainable development) and responsibility for the environment . Companies have a social responsibility to social and environmental consequences of environmental damage that caused . Implementation of corporate social responsibility (Cooperate Social Responsibility) is an important part in the framework part of the enforcement of environmental law . Implementation of CSR growing rapidly , including in Indonesia . Through Law No. 40 Year 2007 regarding Limited Liability Company , specifically in Article 74, in response to the action of the business world to social and environmental causes damages to society . But in application / CSR implementation will be undertaken by the company is not maximized with implications for the enforcement of environmental law.


2011 ◽  
Vol 1 (4) ◽  
pp. 1-13
Author(s):  
Gwendolyn Rodrigues ◽  
Vineetha Mathew

TitleEnviroServe: The Green Company in the UAE.Subject areaReverse logistics, environment, CSR.Study level/applicabilityBachelor and Graduate students.Case overviewThis case describes the role played by the company in linking various processes and taking the lead in the development of a unique “circular” flow of recycling activity which includes recovery, reuse and recycling schemes. Traditionally businesses were not held responsible for the product after use by the consumer. But, with growing stakeholder expectations in the area of corporate social responsibility and sustainability, businesses are more conscious about managing their social and environmental impacts. Today businesses are beginning to look at reverse logistics not only in terms of economic impacts but also environmental impacts. While consumers and other stakeholders want businesses to be more responsible in the way the product is produced such as to minimize waste production, the expectations have also changed to recovery of products after use in order to reduce cost and environmental impact of recycling. Businesses are becoming more responsible about collecting, reusing, refurbishing or dismantling used products to minimize environmental damage.Expected learning outcomesThe case is significant for teachers and students of “environment management”, corporate social responsibility, “supply chain” and “the importance of networks”. It can be used to understand how reverse logistics helps to minimize waste.Supplementary materialsTeaching notes.


2018 ◽  
Vol 6 (2) ◽  
pp. 156
Author(s):  
WINNY GRANDIS ◽  
ROSINTA RIA PANGGABEAN

Mining companies in Indonesia are companies that explore naturalresources as a source of income for the company. The use of mining companies for this study is because the activities undertaken by these companies related to waste and environmental pollution so that the level of industrial risk and environmental damage becomes high. The purpose of this study is to analyze the impact of the tax aggressiveness (ETR), firm size (SIZE), and foreign ownership (FOCI) to corporate social responsibility (CSR) of the mining companies. The population in this study are the mining companies which were listed in Indonesia Stock Exchange from year 2010 to 2015. This study uses tax aggressiveness, firm size, and foreign ownership as independent variables; profitability, leverage, and market-to-book ratio as control variables; and also corporate social responsibility as dependent variable. There are 9 samples of mining companies which produced 54 data using purposive sampling technique. This study uselogistic regression method. This study uses Eviews 9 and Microsoft Excel 2007 for data processing. The results showed that the firm size (SIZE) has a significant effect on the company's CSR, while tax aggressiveness and foreign ownership have no significant effect on company’s CSR. This results indicate that the bigger the size of a company will cause greater activities and influences in the society, which make companies pay more attention to social programs and social responsibility disclosures.


Equity ◽  
2019 ◽  
Vol 21 (2) ◽  
pp. 129
Author(s):  
Dwi Suhartini ◽  
Ira Megasyara

This research aims to test the influence of corporate social responsibility (CSR) against the company's value and profitability, as well as how the influence of corporate social responsibility disclosures of the company's profitability as an intervening variable. There are about 70% Indonesia environmental damage caused by mining operations that implement CSR programs and mining companies can reduce the environmental impact of such business. This research uses a quantitative approach to the analysisof data by the method of partial least square (PLS). Population as many as six company the mining sector listed on the effect indonesia of 2012-2016 .A method of the sample collection use purpose of sampling , as many as 30 report a finance company. This research result indicates that csr not contributing to value of enterprise, but contribute to profitability. Profitability capable of being variable intervening between relations csr on the company, it means profitability high giving effect to the high value of enterprise.


Author(s):  
О. Р. Ковалишин

Дотримання вимог корпоративного комплаєнсу (corporate compliance) на сьогодні є однією із мі-німальних вимог для позиціонування компанії як такої, яка намагається відповідати міжнародним стандартам ведення господарської діяльності. Фактично можна вести мову про те, що корпоративний комплаєнс є одним із принципів корпоративного управління. Автор зазначає, що корпоративний комплаєнс – це діяльність, пов’язана з контролем за дотриман-ням посадовими особами та працівниками вимог законодавства та локальних актів нормативного та ненормативного характеру в господарських товариствах. Корпоративний комплаєнс полягає у дотриманні певних стандартів і практик та у відповідності. Під відповідністю мається на увазі частина системи управління/контролю в організації, пов’язана з ризиками невідповідності, недотримання вимог законодавства, нормативних документів, правил і стандартів наглядових органів, галузевих асоціацій та саморегулюючих організацій, кодексів пове-дінки тощо. Такі ризики невідповідності в кінцевому підсумку можуть виявлятися у формі застосу-вання юридичних санкцій або санкцій регулюючих органів, фінансових або репутаційних втрат.У статті аргументується, що поняття корпоративного комплаєнсу неодмінно пов’язане з поняттям Corporate liability, яке не слід сплутувати з корпоративною соціальною відповідальністю (Corporate social responsibility). У статті акцентується увага на тому, що запозичення практик корпоративного комплаєнсу не набуло ще широкої популярності серед суб’єктів господарювання, що зумовлено рядом факторів: 1) новизною явища корпоративного комплаєнсу для бізнес-середовища не тільки України, але й в за-гальносвітовому масштабі; 2) особливостями ділової культури – іноді власникам суб’єкта господа-рювання – простіше ліквідувати підприємство, репутація якого зазнала шкоди через протиправні дії менеджменту, ніж дбати систематично про дотримання посадовими особами корпоративного комп-лаєнсу; 3) відсутністю кримінальної відповідальності юридичних осіб за законодавством України, оскільки на нормативному рівні закріплені лише заходи кримінально-правового характеру.


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