scholarly journals WORLD EXPERIENCE OF SOCIAL RESPONSIBILITY OF BANKS

2020 ◽  
Vol 384 (2) ◽  
pp. 146-152
Author(s):  
A. Bimuratova ◽  
E. Tokareva ◽  
A. Makhatova ◽  
A. Cherep
Keyword(s):  
Social Responsibility ◽  
Commercial Banks ◽  
Socially Responsible ◽  
The Sustainable Development ◽  
Commercial Activities ◽  
The Social ◽  
Provision Of Services ◽  
The Media ◽  
The Stability ◽  
Corporate Social

The commercial activities of banks directly affect the society in which they operate, and future business successes are closely linked to key social values. Considering the specifics of the activities of commercial banks, trust is becoming one of the most important conditions for a normally functioning banking services market, and the level of profits is increasingly determined not by the technology of the provision of services, but by the correct positioning of banks in the social environment based on social responsibility and reputation. The level of socially responsible behavior of banks has a direct impact not only on the sustainable development of society, but also on the stability of the banks themselves. The problem of corporate social responsibility is increasingly reflected in the media and scientific works of prominent scientists. It must be understood that the social responsibility of business is much wider than is commonly believed. Key words: social responsibility, commercial banks, globalization, socially responsible business.

scholarly journals Corporate social responsibility of the Port of Gdynia

2018 ◽  
Vol 57 ◽  
pp. 01017
Author(s):  
Hanna Klimek ◽  
Janusz Dąbrowski
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Socially Responsible ◽  
Competitive Edge ◽  
The Past ◽  
The Social ◽  
Wide Range ◽  
Sea Ports ◽  
Corporate Social ◽  
And Storage

Corporate social responsibility (CSR) is a tool used by companies to establish positive relations with their surroundings and gain a competitive edge. This also relates to centres providing services, such as seaports. In the past, these served as loading/off-loading and storage stations as well as ship terminals. At present, they have become versatile complexes administering land and infrastructure as well as playing host to numerous enterprises which offer a wide range of services to carriers and freight forwarders. Not only individual businesses but also entire port service hubs can, or even should, be socially responsible nowadays. The topic of this research is the social responsibility of sea ports. This article will discuss the social responsibility of the Port of Gdynia. The objective is to present socially responsible actions taken by Gdynia Port Authority SA and the largest port operators and to assess the progress made on the implementation of CSR there.

scholarly journals Corporate Social Responsibility & Market Volatility: Relationship and Trading Opportunities

2017 ◽  
Vol 10 (5) ◽  
pp. 1
Author(s):  
Vasiliki A. Basdekidou ◽  
Artemis A. Styliadou
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Social Performance ◽  
Environmental Aspects ◽  
Socially Responsible ◽  
Community Activities ◽  
The Social ◽  
The Usa ◽  
Corporate Social ◽  
The Relationship

This article examines the relationship between corporate social responsibility performance (CSR.P) and market trading volatility (MTV) provoking by the release of the non-farm employment payment-reports (NFP) the first Friday each month in the USA. It also discusses the trading opportunities involved in such as volatile environments. Actually, we consider the interaction between the social performance (for environment, employment and community activities) and the financial and trading performance than would be the case for an accumulated functionality in NFP releases. In general, social performance returns are negatively related to trading returns; so, the relatively poor financial and market trading reward (profit), offered by socially responsible ethical ETFs trading the NFP reports, is in accordance to their good social performance regarding employment and environmental aspects. This could be changed if these ethical ETFs incorporate into their arsenal of trading tools a number of CSR.mtv functions (utilities) discussed in this article. Impressively, we find also that considerable bizarre returns are obtained by funds, holding a portfolio of socially least unethical ETFs, involved in short-term or intraday speculations. In this domain, the complex relationship between social, financial and market trading performance, during the NFP “psychological time”, offers great trading opportunities.

Senior Management Preferences and Corporate Social Responsibility

2009 ◽  
Author(s):  
Alison Mackey ◽  
Tyson B. Mackey ◽  
Jay B. Barney
Keyword(s):  
Social Responsibility ◽  
Senior Management ◽  
Senior Manager ◽  
Senior Managers ◽  
Socially Responsible ◽  
Corporate Behavior ◽  
The Social ◽  
Corporate Social ◽  
Management Preferences ◽  
Practical Implications

The purpose of this article is to examine whether or not having senior managers who are personally committed to socially responsible causes is either necessary or sufficient for firms to implement socially responsible activities. While not denying that having such senior managers may increase the probability that a firm will pursue a socially responsible agenda, this article concludes that senior manager commitment to socially responsible causes is neither necessary nor sufficient for a firm to implement socially responsible activities. This article has important practical implications for those seeking to increase the amount of socially responsible corporate behavior in the economy. In particular, the arguments developed here suggest that efforts that focus exclusively on changing the social responsibility preferences of senior managers in firms may be misguided, and at the least should be augmented by efforts focused on different firm stakeholders.

Raum und Unternehmen

2019 ◽  
Author(s):  
Martina Brandt ◽  
Elke Dahlbeck ◽  
Franz Flögel ◽  
Stefan Gärtner ◽  
Dajana Schlieter ◽  
...  
Keyword(s):  
Social Responsibility ◽  
Positive Influence ◽  
General Interest ◽  
The Social ◽  
Provision Of Services ◽  
Company Survey ◽  
Services Of General Interest ◽  
Shrinking Regions ◽  
Corporate Social ◽  
A Company

The involvement of companies and people in the provision of services of general interest in structurally weak, demographically shrinking regions is becoming increasingly important. In addition to examining the social responsibility of companies under the term ‘corporate social responsibility’, this study also focuses on regional corporate engagement. Against the background of the known dilemmas in the area of civil societal engagement, in which fewer people are involved in structurally weak regions than in prospering regions, this book raises the question of whether this also applies to corporate engagement by focusing on whether companies are able to break through regional crisis cycles successfully while also fostering a positive influence on the development of the region. Using three case studies, the authors identify certain factors and obstacles in regional corporate engagement and evaluate the results of a company survey.

scholarly journals Brand-Consumer Relationship And Corporate Social Responsibility: Myth Or Reality & Do Consumers Really Care?

2012 ◽  
Vol 10 (6) ◽  
pp. 333 ◽  
Author(s):  
Elias G. Rizkallah
Keyword(s):  
Social Responsibility ◽  
Social Action ◽  
Socially Responsible ◽  
Adult Individual ◽  
Societal Issues ◽  
Brand Relationship ◽  
The Social ◽  
Response Change ◽  
Corporate Social ◽  
Southern California Region

Companies are claiming that they are being challenged to maintain profitability and behave in socially responsible ways. The question is how much the social responsibility is a real pressure. Do consumers really know what the companies, producing their favorite brands, are doing? Do consumers really care? How much of an effect do the company practices have on the consumers response to a brand? Or does the consumer-brand relationship have nothing to do with the companys practices? Does the customers response change with the type of company practices (e.g. environmentally friendly or not, treats well or mistreats employees, relationship with suppliers, supports or doesnt support social causes, etc.)? Does such response depend on who the customer is (e.g. different demographics, loyalty to a brand, or level of awareness of societal issues, etc.)? The study attempts to answer these questions and more. The survey included a random sample of 317 adult individual consumers in the Southern California region. Results of the survey are presented within a conceptual framework hypothesizing that the relationship between the consumer and the brand can be affected differently by the companys different practices in regard to social responsibility; and by the consumers characteristics. The paper concludes with some recommendations that may benefit interested companies, social-action groups, and policymakers.

scholarly journals Corporate social responsibility in marketing researches: Literature review

2014 ◽  
Vol 11 (4) ◽  
pp. 499-503 ◽  
Author(s):  
Serhii Illiashenko ◽  
Galina Peresadko ◽  
Olga Pidlisna ◽  
Evgeniy Kovalenko
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Marketing Mix ◽  
Marketing Activity ◽  
World Economic Forum ◽  
Socially Responsible ◽  
The Social ◽  
The World ◽  
World Economic ◽  
Corporate Social

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.

Responsibility and Social Innovation in Tourism Companies in Mexico

2021 ◽  
pp. 56-71
Author(s):  
Maria del Carmen De la Luz Lanzagorta ◽  
Edith Sarai Lozada Sánchez ◽  
Jessica Abigail Cortés González ◽  
Concepción Nancy De Cristobal González
Keyword(s):  
Social Responsibility ◽  
Qualitative Methodology ◽  
Social Innovation ◽  
Central Question ◽  
Socially Responsible ◽  
Good Practices ◽  
Tourism Sector ◽  
The Social ◽  
The World ◽  
Corporate Social

All over the world, institutions and organizations that recognize the social responsibility of companies are identified. They work on social innovation, which is companies' capacities to influence problems, generating synergies between the various sectors of society. In this research, a qualitative methodology was applied to a sample of companies from Puebla (Mexico) and the region to identify innovative practices of corporate social responsibility in the tourism sector and related companies. The central question that guides this research is, through which strategies or actions are companies in the tourism sector socially responsible and innovative? Therefore, the purpose is to show the good practices of different companies in the tourism sector in Puebla (Mexico) as well as their areas of opportunity and therefore strategies to strengthen responsibility and social innovation in the sector.

scholarly journals An Economic Analysis of Corporate Social Responsibility in Korea

2019 ◽  
Vol 11 (9) ◽  
pp. 2676 ◽  
Author(s):  
Daeheon Choi ◽  
Chune Young Chung ◽  
Jason Young
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Positive Impact ◽  
Manufacturing Sector ◽  
Socially Responsible ◽  
The Sustainable Development ◽  
Customer Feedback ◽  
Service Sectors ◽  
Corporate Social

Around the globe, socially responsible activities are being integrated into regulations, and corporate social responsibility (CSR) is increasingly being recognized as a means of sustaining a business and improving its competitiveness. South Korea has made a significant effort to encourage CSR activities in order to increase its firms’ competitive advantage. This study evaluates the sustainable development activities of Korean firms, and empirically analyzes the positive impact of CSR on corporate performance (CP) in Korea over a period of four years. A comparison by industry reveals that CSR has a greater impact on CP in the manufacturing sector than it does in the nonmanufacturing and service sectors. Furthermore, the results for consumption goods are more positive than those for industrial goods, because the former are, in general, more affected by customer feedback. A case study of three Korean firms was used to examine CSR implementation in Korea, recent activities undertaken by Korean firms, and the integration of CSR concepts into firms’ strategies.

scholarly journals Social responsibility as a factor in ensuring the competitiveness of a business organization

2019 ◽  
Vol 8 (2) ◽  
pp. 27-34
Author(s):  
Taras Kitsak
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Social Development ◽  
Business Processes ◽  
Sociological Research ◽  
Business Organization ◽  
Socially Responsible ◽  
The Stability ◽  
Corporate Social ◽  
The Impact

The article investigates manifestations, trends and dominants of the concept of social responsibility of business; its impact on balanced social development has been determined. The active role of social responsibility in ensuring the stability and competitiveness of business processes has been substantiated. The aim of the research is to determine the impact of socially responsible practices on the socio-economic development of a business organization in modern conditions. The author determined his own interpretation of corporate social responsibility after having researched its essence and its impact on social and business processes. The list of potential benefits for a business organization from realization of social investments has been specified and supplemented. The content and essence of the construct of a socially responsible organization which focuses on the development and successful functioning in a dynamic market environment have been distinguished. The sphere of interaction of the business organization with the main stakeholders has been analyzed and potential directions of establishing a constructive dialogue that will have a positive impact on the stability and success of business processes have been outlined. Sociological research on the evaluation of the perception of social responsibility by business organizations in Ukraine and awareness of its values, trends and benefits has been analyzed. Conclusions regarding directions of strengthening of forming the environment of facilitating the spreading of the concept of corporate social responsibility have been justified. Keywords: corporate social responsibility, stakeholders, balanced social development, socially responsible practices, social investments, social reporting.

scholarly journals The integration of corporate social responsibility activities into the value creation model in pricing

2014 ◽  
Vol 36 (3) ◽  
pp. 547-560
Author(s):  
Deimena Kiyak ◽  
Agnė Šneiderienė
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Value Creation ◽  
Socially Responsible ◽  
Consumption Decisions ◽  
Pricing Process ◽  
The Social ◽  
Social Side ◽  
Corporate Social ◽  
Value Concept

Consumers are more concerned about the surrounding environment and they take into account the social side of enterprises while making consumption decisions. It should be emphasized, that it becomes important for companies’ to revise the process of value creation development, to assess the need of consumers’ participation in the value creation process, to determine the potential mutual benefits. In this way, there is highlighted the link between consumers’ and business enterprises co-operation; that is especially important when the products of socially responsible companies’ are analyzed. The concept of product value is quite often investigated in scientific literature, but there is a lack of research that emphasizes twofold interpretations’ of the value concept. Also, there is noticed a lack of examination of how corporate social responsibility can create perceived value for consumers. It must be stated, that there remains a problem how to integrate the value creation of socially responsible companies products in the pricing process. The aim of the article – after analyzing how socially responsible companies’ can create value of their products, investigating the differences of twofold value concept, identifying the stages of value creation, to establish a model how to integrate the value creation into the pricing process.

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