Corporate Social Responsibility: Global Perspective, Competitiveness, Social Entrepreneurship & Innovation

Author(s):  
Manoj Joshi ◽  
S. P. Tiwari ◽  
Vindhyalaya Joshi
Author(s):  
Eva Asensio ◽  
Jesús Perán ◽  
Yolanda Rodríguez

Corporate Social Responsibility has become more significant among companies and other institutions. Nevertheless, the traditional approach of corporate social responsibility, based on preventing the possible negative impact of irresponsible and unethical practices, is no longer enough. The profound socio-economic changes, accelerated as a result of the global economic crisis, demand a further step respect to corporate social responsibility paradigm linking to the so-called social entrepreneurship, understood here as the incorporation of new social demands to business models. This chapter aims to redefine the concept of social entrepreneurship from an eclectic point of view and present a methodological approach for their measurement as a tool for business strategic planning. The theoretical proposal of social entrepreneurship tries to link creating shared value concept with the stakeholder theory, paying special attention to the Social Return on Investment (SROI) method, together with neuroscientific approach, as tools for the measurement of social value.


Author(s):  
Ruslan Sadyrtdinov

Implementing social entrepreneurship and corporate social responsibility (CSR) concepts in Russia is discussed in this chapter. CSR and social enterprises have been developing dynamically in Russia since the mid-2000s, and the author believes that they can be used to foster further social and economic transition. The issues related to the Russian success stories of social enterprises and socially responsible corporate behavior are outlined. An emphasis is made on identifying government and private institutions and instruments supporting the social activity of profit and nonprofit organizations. Techniques for evaluating CSR in Russia are described. Due to incomplete data in nonfinancial reports it is difficult to derive a cost-benefit analysis for CSR projects. Instead, indicators for nonfinancial reports are selected and indices are constructed by measuring the quality and frequency of their disclosure. The chapter concludes by outlining the main challenges and potential drivers to promote further development.


2019 ◽  
Vol 1 (1) ◽  
pp. 26-49 ◽  
Author(s):  
Seeprata Parajuli ◽  
Srijana Rajbhandari ◽  
Ashok Joshi ◽  
Sujan K.C. ◽  
Udbodh Bhandari

Background: Different studies and development interventions have con­firmed that socio-economic progress of a society is largely influenced by the exhibited level of corporate social responsibility (CSR) and social entrepre­neurship orientation taken into account. This reality may serve in the same magnitude in context of present Nepalese corporate sector. However, differ­ent studies indicate that only a limited number of organizations are involved in such activities in the present context of Nepal. On the other hand, truthful participation with corporate social responsibility (CSR) related initiatives has been made mandatory in many countries thereby governing the CSR initiatives by defined rules and regulations. Objectives: The thrust of this paper was to understand the magnitude and direction of CSR and social entrepreneurial orientation of the Nepalese corporate sector, its current state, issues, challenges and ways forward. Methods: Accomplished on qualitative paradigm of study as a blend of guided literature reviews, seminar discourses and general situation ob­servation and analyses, it may be claimed as a developmental discourse. Results: The Nepalese corporate sector has been positively inclined to­wards enhancement of brand image, reputation and societal relationship by means of truthful engagement in CSR and societal entrepreneurship initiatives. Conclusions: The attainment of socio-economic well-being can be wit­nessed by implementing effective CSR and social entrepreneurship ini­tiatives. Insufficient preparedness of the public agencies with lack of fol­low-up, financing crises, traditional corporate policies and procedures have been the impeding issues affecting the design and execution of CSR and social entrepreneurship initiatives at present in Nepal. Implications: Required strict policy regulations at governing level and ef­fective programming at implementation at corporate or industry level.


ECONOMICS ◽  
2021 ◽  
Vol 9 (1) ◽  
pp. 161-177
Author(s):  
Christer Thörnqvist ◽  
Jonna Kilstam

Abstract This article explores the profound mismatch between the United Nations 2030 Agenda for Sustainable Development and fundamentals for Corporate Social Responsibility (CSR). The common survival of human life, society, and the global order as we know it, and the need for companies to make profit is not easy. The intractability of the problem is often underestimated in public as well as scientific debate. This article discusses the problem and possible ways to cope with it through ‘social entrepreneurship’ illustrated here by a study of nine firms in Sweden. The study draws on an amalgamation of Schumpeterian theory about “creative destruction” and the concept of “Emerging Davids vs. Greening Goliaths.”


2016 ◽  
Vol 7 (2) ◽  
Author(s):  
Karanam Nagaraja Rao ◽  
Aswathi Nair

Corporations are legal entities operating within the boundaries of society. They have social responsibility both for business and moral reasons. The responsibility encompasses economic, legal, ethical and philanthropic aspects and in the context of deterritorialised global business environment, the responsibility assumes wider ramifications especially in the context of diminishing role of governments and ascending role of corporations. Corporate Social Responsibility (CSR) is now an offshoot of the realization that corporation is answerable for the consequences of its operations. Ethical way of doing business for social and economic sustainability is inherent in the thinking of seers of ancient India who proclaimed for universal peace and happiness. The essence of CSR can be traced to Rig Veda which pronounced that a person who enjoys himself being totally oblivious of society is taken over by sin. The sense of charity, sacrifice, dharmic way of doing business and the ideas of live and let live permeate throughout the literature of ancient India. The search for spiritual routes strengthens the convictions towards CSR and for preserving the planet for future generations. An attempt is made in this article to discuss the nature of CSR in the global perspective and try to search for the roots in the cultural milieu of ancient India and trying to integrate the ancient Indian spiritual thoughts for the modern arguments favoring corporate responsibility. The intention here is to strengthen the theoretical thought structure with spiritual inputs for better appreciation and promotion of CSR. The aim of the article is to get insights in to ancient wisdom for connecting spiritual linkage to the theoretical edifice of the CSR and hence the methodology is exploratory in nature aiming to understand the concepts in a better way.


2020 ◽  
pp. 1-13
Author(s):  
Cleo Schyvinck ◽  
Kathy Babiak ◽  
Bram Constandt ◽  
Annick Willem

Despite the widespread growth of corporate social responsibility (CSR) initiatives in sport, the majority of professional sport teams still manage social engagement in an opportunistic manner. Tactical attempts toward CSR management can provide discrete and short-term benefits, but lack the ability to create lasting social and economic impacts. This study uses an entrepreneurship perspective to study CSR management in sport. More specifically, it builds on the concept of corporate social entrepreneurship (CSE) to study the transition toward more strategic CSR approaches. Through an in-depth study of a single professional soccer case in Belgium, the drivers of CSE and their relation to strategic CSR development and implementation were explored. The findings indicate the importance of having an intrapreneur, an enabling organization, and, to some extent, stakeholder alliances. Challenges, however, arise at the level of organizational culture and aiming for shared value creation.


Sign in / Sign up

Export Citation Format

Share Document