SOCIAL RESPONSIBILITY OF BUSINESS IN THE CONTEXT OF CRISIS PHENOMENA IN THE MANUFACTURING SECTOR

Author(s):  
L.P. Koval’ ◽  
V.V. Mel’nyk
2019 ◽  
Vol 11 (9) ◽  
pp. 2676 ◽  
Author(s):  
Daeheon Choi ◽  
Chune Young Chung ◽  
Jason Young

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.


Management ◽  
2016 ◽  
Vol 20 (1) ◽  
pp. 337-351 ◽  
Author(s):  
Marcin Ratajczak

Summary Corporate Social Responsibility (CSR) initiative in Poland is relatively little known and has not been yet deeply rooted in the consciousness of Polish entrepreneurs especially in the field of SMEs and local communities. CSR is a concept whereby companies at the stage of strategy building voluntarily take into account the social interests and environmental protection, as well as relationships with their stakeholders. Therefore, the aim of this paper is to present issues related to the knowledge of the CSR concept in the surveyed agribusiness enterprises. The article presents among other things, statistical relations between knowledge of the above concept and education of owners of the business, company size or business entity year of uprising. The research on opinions of entrepreneurs on the above concepts was carried out at the turn of 2014 and 2015 included 182 micro (0-9 persons), small (10-49 employees) and medium (50-249 employees) agribusiness companies engaged in business activities in rural areas of Małopolska. The results showed that there is a need for awareness of small and medium enterprises with agribusiness that consumers increasingly pay attention to the aspect of the behavior of responsible practices, let alone to observe their assumptions. Given the nature of the business, the knowledge of the CSR concept prevailed in a group of entrepreneurs from the manufacturing sector.


The main purpose of this article is to analyze corporate social responsibility issues in supply chain management implementation. Corporate Social Responsibility is an important activity for organizations to enhance their names socially, economically and environmentally. Analyzing CSR factors in industries is a key and critical factor. This paper aims to present a GREY-DEMATEL approach to identify CSR factors for supply chain management implementation. Nineteen CSR factors were considered from literature surveys and Industry expert’s opinions. A direct relationship matrix among factors was arrived at from two different experts with a sound knowledge of social, environmental and economic backgrounds in the auto components manufacturing sector. GREY-DEMATEL approach was used to examine pivotal relationships among factors of CSR issues in successful supply chain management. Based on the relationship matrix, Industrial Relations, Corporate governance, Feminist labour issues, Discrimination and Energy conservation play a major role among factors. Finally, the study concludes with the limitations and the future work of CSR factors in the supply chain implementation process.


2021 ◽  
Vol 10 (3) ◽  
pp. 301
Author(s):  
Raj Bahadur Sharma ◽  
Asha Sharma ◽  
Sajid Ali ◽  
Jyoti Dadhich

Corporate Social Responsibility is the commitment for the equitable and sustainable development of the community. In the growth of society, corporate social responsibility (CSR) has had a huge influence and builds a healthy bond and a strong relationship. The company’s mainly focus on the three level of sustainable development–Environmental Preservation, Financial growth, and Social Development. The present study objective is to examine the impact of CSR on financial performance of selected manufacturing and service sector companies in India. The study also revealed the relationship between CSR score with ROE, ROA, and ROCE.  The study considered financial data of the Indian manufacturing and service industry for the year 2008 to 2017.  Correlation technique had been used to examine the relationship of CSR score and the financial parameters. The result the result shows that ROE, ROA, and ROCE have a negative correlation with CSR Score of Manufacturing Sector Companies. Whereas, ROE has positive correlation with CSR Score of Service Sector Companies together with ROA and ROCE have a strong a positive correlation with CSR Score of Service Sector Companies.  Hence, this result suggests that there is no significant association between CSR Score and Financial Performance of Manufacturing Sector Companies.   Received: 17 February 2021 / Accepted: 9 April 2021 / Published: 10 May 2021


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Gaurav Dawar ◽  
Seema Singh

Purpose Corporate social responsibility (CSR) practices are gaining momentum globally but their implementation becomes problematic due to the presence of barriers. So, this study aims to identify the barriers to CSR implementation among manufacturing enterprises, develop their classification and establish relationships among the barriers. Design/methodology/approach An exhaustive list of barriers was identified from the literature, and following surveys and expert opinions, 19 critical barriers were extracted. Interpretive structure modelling was used to understand the hierarchal and contextual relationships among barriers of CSR implementation. Findings The results show that are no autonomous variables present in the study. The proposed conceptual framework presents the hierarchy and interlinkage of barriers to CSR implementation in manufacturing enterprises. The results also indicate that rigidity in culture and corruption in the system and within the governance system of the country are the two most influential barriers that impede CSR implementation in manufacturing enterprises. Originality/value The interactions among CSR barriers provide policymakers, industrial practitioners and managers with a framework to recognise and evaluate mutual relationships and interlinking among barriers. CSR training and undertaking CSR in collaboration can help medium enterprises overcome these barriers and prepare strategies to mitigate their impact.


AKUNTABILITAS ◽  
2019 ◽  
Vol 12 (2) ◽  
pp. 125-144
Author(s):  
Nadya Shinta Savira Gunawan ◽  
Inten Meutia ◽  
Yusnaini Yusnaini

The purpose of this research is to test whether there is influence of Corporate Social Responsibility disclosure and leverage on tax aggressiveness. The theories used in this research are Stakeholder Theory and Debt Covenant Hypothesis from Positive Accounting Theory. The type of this research is quantitative research. The population in this research is all main and manufacturing sector companies listed on the Indonesia Stock Exchange for the period 2014-2016. The total of companies selected as samples are 75 companies with the period research for three years, so the total of samples in this research are 225 samples that have been selected using purposive sampling technique. The data used in this study is secondary data in the form of annual reports of main and manufacturing sector companies listed on the Indonesia Stock Exchange for the period 2014-2016. Data collection technique used is documentation. The data analysis technique used is panel data regression. The results of this research showed that Corporate Social Responsibility disclosure has no influence on tax aggressiveness while leverage has negative and significant influence on tax aggressiveness.


2020 ◽  
pp. 27-40
Author(s):  
Jesús Alberto MONTALVO-MORALES ◽  
Yazmin Guadalupe CERVANTES-AVILA ◽  
Víctor Pedro MOLINA-ROMEO ◽  
Reimundo MORENO-CEPEDA ◽  
José Refugio DUQUE-RETIZ

Corporate Social Responsibility ((CSR)) linked to Business Management (BM) in small and medium-sized enterprises (SMEs) is a topic that is becoming increasingly important due to the importance they have for the national economy. The objective of the work was to determine the state of the (CSR) from an approach of environmental management and relations with the local community in a group of medium-sized companies in an industrial sector of Saltillo, Coahuila, as well as the influence of antiquity the structure of property and the gender of the Director/Manager with the development of these practices. The empirical investigation had an exploratory character and included a sample of 43 SMEs from the manufacturing sector that contribute to the growth and competitiveness of the region. The research instrument incorporated questions focused on the level of SMEs regarding risks, safety and health at work, environment and quality management. For its evaluation, contingency tables and the Mann Whitney U test were used. The results reflected an adequate work dedicated to the care, health and permanence in the position of its employees, while it was detected that there is poor environmental management and relations with the community. It is concluded that (CSR) is generally oriented to the interior of the company; the low use of this practice prevails in its business management, although an adequate approach to the client is highlighted.


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