Corporate Social Responsibilities, Psychological Contracts and Employee Turnover Intention of SMEs in China

Social Responsibility ◽

Psychological Contract ◽

Turnover Intention ◽

Employee Turnover ◽

Negative Impact ◽

Psychological Contracts ◽

Employee Turnover Intention ◽

Significant Negative Impact ◽

As an important organizational strategy and action that affects employee perception and attitude, corporate social responsibility is essential for small and medium-sized enterprises (SMEs) to reduce turnover rate and achieve sustainable growth. This paper integrates social identity theory and social exchange theory to construct an external reputation mechanism and internal trust mechanism to explore the influence mechanism of corporate social responsibility on employee turnover intention and the intermediate transmission mechanism of psychological contract. The research results show that corporate social responsibility has a significant negative impact on employee turnover intention. Compared with external corporate social responsibility, internal corporate social responsibility has a stronger negative impact on employee turnover intention; corporate social responsibility has a significant negative impact on employee transactional psychological contract, while corporate social responsibility has a significant positive impact on employee relational psychological contracts; transactional psychological contract has a significant positive effect on employee turnover intention, while relational psychological contract has a significant negative effect on employee turnover intention; psychological contract has a significant and complete mediating effect on the relationship between external corporate social responsibility and employee turnover intention, and the psychological contract plays a significant part of the intermediary role between the internal corporate social responsibility and the employee turnover intention. The conclusions enriches the complex relationship between corporate social responsibility and employee turnover intentions, and provides a reference for SMEs to effectively perform internal and external social responsibilities and reduce employee turnover rates.

Известия Дальневосточного федерального университета Экономика и управление ◽

Исследование закономерностей развития корпоративной социальной ответственности в России на основе специализированного рейтинга

10.24866/2311-2271/2020-3/150-159 ◽

2020 ◽

pp. 150-159

Author(s):

Иделя Бадыкова

Keyword(s):

Social Responsibility ◽

Oil And Gas ◽

Negative Impact ◽

Socially Responsible ◽

Public Companies ◽

Significant Negative Impact ◽

Corporate Social ◽

Oil And Gas Sector ◽

Disclosure Rate

Целью данного исследования выступает изучение тенден- ций, связанных с уровнем социальной ответственности российских компаний. Для решения поставленных задач использована авторская методика составления рейтинга раскрытия информации о корпоративной социальной от- ветственности. Полученные результаты свидетельству- ют о том, что в целом компании из выборочной совокупно- сти раскрывают около 75% рассматриваемых критериев. При этом лидеры рейтинга представлены большей частью секторами добычи и переработки нефти и газа, химиче- ской промышленности и электроэнергетики, что может свидетельствовать об их стремлении отчасти компенси- ровать наносимый обществу и экологии вред. As part of the research a specialized rating of the corporate social responsibility was compiled based on the author’s methodology. Data was collected for the sample of 106 Russian public companies in the non-financial sector. On average, the disclosure rate of all indicators is as high as 75%. The most responsible companies, disclosing information on 25 to 27 out of 27criteria, were identified to form the list of 29 companies. Most of them appear to belong to oil and gas sector, chemical and energy industries. One of the possible explanations for that trend is that these areas tend to attract negative attention of the society. Accordingly, it can be assumed that the companies from the mentioned sectors act reasonably to compensate for their negative impact on the environment and society. It should also be noted that the companies represented by these sectors are usually large and have sufficient resources. According to the inadequate resources theory, companies participate in socially responsible projects when they have the resources to do so. However, this theory is relevant for the emerging markets, while stakeholder and signaling theories are more equitable for leading economies. The companies included into the sample show the highest level of the environmental impact disclosure, which may be explained by the fact that most of the companies are industrial with significant negative impact on the environment. In general, this study is a subject to a number of disadvantages. Firstly, the sample was quite small. Accordingly, the conclusions presented may be somewhat skewed and limited. Secondly, econometric models should be used. to present more reasonable results. That is planned to be the next stage of the research. Nevertheless, in our opinion, in general, the results obtained reflect the main trends in the development of the corporate social responsibility in Russia.

The Manifestation of Internal Corporate Social Responsibility on Employee’s Behaviour in Small Medium Sized Enterprises

Journal of Social Science Studies ◽

10.5296/jsss.v2i2.7659 ◽

2015 ◽

Vol 2 (2) ◽

pp. 259

Author(s):

Mei Peng Low ◽

Seng Fook Ong

Keyword(s):

Job Satisfaction ◽

Social Responsibility ◽

Turnover Intention ◽

Employee Turnover ◽

Charitable Giving ◽

Stakeholder Management ◽

The Political ◽

Organisational Commitment ◽

<p>Corporate Social Responsibility (CSR) has gained increasing attention and popularity since the last decade. There are many CSR debates arise since then. These debates were shaped by trends and fundamental changes of the political, social, and economic spheres of life. Tracing back, the precursor to CSR was topic of charitable giving, which had been in existence since 1980s. Todate, CSR has evolved to a business concept that had been accepted widely. Business corporations are focusing on CSR due to tremendous pressures from the society. Presently, CSR approach has emerged from focusing on the shareholders to stakeholders due to the acknowledgement of the crucial roles of stakeholders in every organisation. Stakeholder management and CSR is a relational affair. Stakeholder theory involves list of critical stakeholders namely employees, suppliers, customers, media, local communities, NGOs, that could be source of new competitive advantage. This present a research agenda to look into internal CSR practices as to how it manifest among the crucial stakeholders of every organisation, i.e. the employees, on their attitudes and behaviours. As Small Medium Sized Enterprises (SMEs) are gaining its foothold in Malaysia, they also encountered many challenges, one of these is the issue of high employee turnover that lead to substantial costs to the organisations. The findings reveal that internal CSR practices enhanced employee’s job satisfaction and also resulted in the reduction of employee’s turnover intention. It was interesting to discover that internal CSR practices enhance employee’s organisational commitment like job satisfaction, but it failed to reduce employee’s turnover intention through enhanced organisation commitment as a result of internal CSR practices. The results also show that perceived ease of movement has an impact on employee’s turnover intention.</p>

Pengaruh Ukuran Perusahaan, Profitabilitas, dan Likuiditas terhadap Corporate Social Responsibility Disclosure

STATERA: Jurnal Akuntansi dan Keuangan ◽

10.33510/statera.2019.1.1.16-33 ◽

2019 ◽

Vol 1 (1) ◽

pp. 16-33 ◽

Cited By ~ 2

Author(s):

Mega Sekarwigati ◽

Bahtiar Effendi

Keyword(s):

Social Responsibility ◽

Financial Performance ◽

Negative Impact ◽

T Test ◽

Company Size ◽

Mining Companies ◽

Corporate Social Responsibility Disclosure ◽

Significant Negative Impact ◽

This research purposes to check the effects of Company Size and Financial Performance on Corporate Social Responsibility Disclosure. This research uses mining companies which is listed in Bursa Efek Indonesia (BEI) within the period of 2014-2016 as the sample. The total number of companies used as a sample is 14 companies with 3 years of observation. The result of simultant test, company size, profitability, and liquidity has an impact on CSRD. While the result of t test showed a significant negative impact of company size and liquidity on CSRD. While profitability has shown no effect on CSRD.

Pengaruh Employee Empowerment Dan Psychological Contract Terhadap Turnover Intention Dengan Employee Engagement Sebagai Variabel Mediasi Pada PT BBI

Jurnal Manajerial Dan Kewirausahaan ◽

10.24912/jmk.v3i4.13501 ◽

2021 ◽

Vol 3 (4) ◽

pp. 1057

Author(s):

Julianto Firman Lukmansyah ◽

Joyce Angelique Turangan

Keyword(s):

Employee Engagement ◽

Psychological Contract ◽

Turnover Intention ◽

Employee Turnover ◽

Sampling Method ◽

Psychological Contracts ◽

Employee Empowerment ◽

Purposive Sampling ◽

Employee Turnover Intention ◽

Analysis Technique

The purpose of this study was to examine the effect of employee empowerment and psychological contract on turnover intention through employee engagement as a mediating variable at PT Buana Bersama Jayaindo. The sampling method used is nonprobability sampling with a purposive sampling approach. The data analysis technique used in thisstudy is SEM-PLS and SMART PLS 3 program assistance. The results obtained are that employee engagement mediates the effect of employee empowerment and psychological contracts on employee turnover intention at PT Buana Bersama Jayaindo. Therefore, employee empowerment and psychological contract will be important factors to be evaluated in order to reduce turnover intention. Tujuan dari penelitian ini adalah untuk menguji pengaruh employee empowerment dan psychological contract terhadap turnover intention melalui employee engagement sebagai variabel mediasi pada PT Buana Bersama Jayaindo. Metode pengambilan sampel yang digunakan adalah non-probability sampling dengan pendekatan purposive sampling. Teknik analisis data yang digunakan dalam penelitian ini adalah SEM-PLS dan bantuan program SMART PLS 3. Hasil yang didapatkan adalah bahwa Employee engagement memediasi pengaruh employee empowerment dan pscyhological contract terhadap turnover intention karyawan pada PT Buana Bersama Jayaindo. Oleh karena itu, employee empowerment dan pscyhological contract akan menjadi faktor yang penting untuk dievaluasi guna menurunkan turnover intention.

Corporate Social Responsibility and Earnings Management: The Moderating Role of Family Ownership

10.34091/ajss.12.1.14 ◽

2019 ◽

Vol 12 (1) ◽

Author(s):

Asif Saeed ◽

Aijaz Mustafa Hashmi ◽

Attiya Yasmin Javid

Keyword(s):

Social Responsibility ◽

Earnings Management ◽

Family Firms ◽

Negative Impact ◽

Stock Exchange ◽

Least Square ◽

Family Ownership ◽

Corporate Social ◽

The Impact

This study aims to explore the impact of family ownership on the relationship among corporate social responsibility (CSR) and earning management (EM) in Pakistan. Data is collected from nonfinancial listed firms on Pakistan Stock Exchange (PSE) for the period 2009-2017. Our results of pooled ordinary least square regression indicate that CSR has significant negative impact on EM. Furthermore, results also indicate that association between CSR and EM is moderated by family ownership. Family firms which perform CSR activities are less involved in EM as compare to nonfamily firms perform CSR activities. This variation in behavior of EM in family and non-family firms can possibly be explained by socioemotional wealth theory. Keywords: Corporate Social Responsibility, Earnings Management, Family Ownership

Managing the adverse effect of supply chain risk on corporate reputation: The mediating role of corporate social responsibility practices

Journal of General Management ◽

10.1177/0306307020969474 ◽

2021 ◽

Vol 46 (4) ◽

pp. 251-261

Author(s):

Nitya P. Singh

Keyword(s):

Supply Chain ◽

Social Responsibility ◽

Corporate Reputation ◽

Negative Impact ◽

Research Question ◽

Necessary Condition ◽

Supply Chain Risk Management ◽

Supply Chain Risk ◽

Within the last decade, research has focussed on corporate social responsibility (CSR) practices as a strategic tool that enables firms to improve stakeholder perception, brand image and corporate reputation. However, one area that remains understudied is the role played by CSR practices in managing corporate reputation under conditions of supply chain risk. To answer this research question, we conduct a literature review and develop the corresponding hypothesis. We test our hypothesis using quantitative analysis of both primary and secondary data collected from organizations dispersed globally. The results highlight that under conditions of supply chain network disruption risk, CSR practices play an important role in enabling firms to manage the negative impact of such risk drivers on corporate reputation. The study further suggests that CSR practices positively impact supply chain risk management (SCRM) practices and are a necessary condition for SCRM practices to be effective in improving corporate reputation of organizations.

The Environmental Aspect in the Concept of Corporate Social Responsibility in the Energy Industry and Sustainable Development of the Economy

Energies ◽

10.3390/en14185993 ◽

2021 ◽

Vol 14 (18) ◽

pp. 5993

Author(s):

Katarzyna Huk ◽

Mateusz Kurowski

Keyword(s):

Sustainable Development ◽

Social Responsibility ◽

Negative Impact ◽

Iso 14001 ◽

Energy Industry ◽

Environmental Aspect ◽

The World ◽

Corporate Social ◽

The Impact

Sustainable development is now an important direction for the further development of all economies in the world. It is important to balance economic development with the impact on the environment and our planet. Another direction in the development of management sciences is the emergence of the concept of Corporate Social Responsibility, which considers this impact in three key aspects—economic, environmental and social—in terms of microeconomics. This concept gives companies specific guidelines and tools that minimize their negative impact on the environment. Reducing the negative impact of companies influences the environment and this is what is mainly associated with them. However, companies should also pay attention to internal consistency and caring for employees. Company practices such as the exploitation of people, including children, and injustice in the workplace are some of the factors that can be observed in less developed countries. The article focuses on the presentation of the environmental aspect in the context of the concept of corporate social responsibility. We analyzed individual sectors of the economy in terms of the environmental aspect, with particular emphasis on the energy industry. The study is based on a statistical analysis taking into account data from 1718 companies from all over the world. The aim of the article is to present the environmental aspect in the context of corporate social responsibility in the energy industry as a direction for sustainable development of the economy. The article is based on the analysis of the literature and databases presenting CSR, which was created on the basis of questionnaire research. The article shows which regions of the world are worse and which are better in terms of the environmental aspects of CSR. Conclusions on the main CSR guidelines for the environment are also presented. We analyzed factors such as environmental routines, policies and targets, implementation of environmental management systems, ISO 14001/EMAS certification, environmental reporting, environmental requirements inside the supply chain, the trend of GHG emissions and the trend of energy consumption for their environmental impact. The analysis was carried out on the basis of given regions of the world and individual sectors of the economy, especially the energy industry.

Peran Islamic Corporate Social Responsibility dalam Memoderasi Pengaruh Zakat Terhadap Kinerja Bank Umum Syariah

JURNAL AKUNTANSI DAN KEUANGAN ISLAM ◽

10.35836/jakis.v9i1.241 ◽

2021 ◽

Vol 9 (1) ◽

pp. 73-89

Author(s):

Sartini Wardiwiyono ◽

◽

Arty Fitria Jayanti ◽

Keyword(s):

Social Responsibility ◽

Financial Performance ◽

Negative Impact ◽

Positive Impact ◽

Annual Reports ◽

Observation Data ◽

Islamic Banks ◽

The aim of this study is to investigate the role of Islamic Corporate Social Responsibility in moderating the effect of zakat on Islamic commercial banks’ financial performance. Out of 13 Islamic commercial bank listed by Otoritas Jasa Keuangan from 2012 to 2017, there were only five banks reporting Statement of Zakat Fund Sources and Disbursements. Hence, the final samples of this study consist of 30 observation data. Secondary data collected from 30 annual reports were gathered through documentation. This study utilizes moderated regression analysis to test three research hypotheses. The results shows several findings. Firstly, the amount of corporate zakat being reported in the Statement of Zakat Fund Sources and Disbursements has positive impact on Islamic banks’ financial performance. Secondly, Islamic CSR as measured by Islamic reporting index developed by Belal et al. (2015) has negative impact on Islamic Banks’ financial performance. Thirdly, the role of Islamic CSR in moderating the effect of zakat on financial performance was confirmed.

THE MAIN DIRECTIONS OF ESTIMATION OF CORPORATE SOCIAL RESPONSIBILITY OF BUSINESS

Vestnik of Kazan state agrarin university ◽

10.12737/article_5bcf579e4860c0.23941805 ◽

2018 ◽

Vol 13 (3) ◽

pp. 130-134 ◽

Cited By ~ 3

Author(s):

Гузалия Клычова ◽

Guzaliya Klychova ◽

Алсу Закирова ◽

Alsu Zakirova ◽

Альфия Юсупова ◽

...

Keyword(s):

Social Responsibility ◽

Human Resources ◽

Social Development ◽

Environmental Sustainability ◽

Negative Impact ◽

The State ◽

Business Partners ◽

The Social ◽

In modern conditions, the social component of business is becoming increasingly important both for organizations and for society as a whole, since, as many years of experience show, those enterprises that develop their socially-oriented activities are more trusted by the state, investors, counterparties, creditors and other business partners. The social responsibility of business helps minimize the negative impact of the enterprise's production activities, the formation of an atmosphere of trust, predictability and common values in society, thanks to which, business becomes economically and socially more sustainable. In this regard, relevant issues are related to the assessment of the level of social responsibility of the enterprise, determining the main directions of social development of companies. The economic essence of the concept “corporate social responsibility” has been studied and specified in the article, the main directions of the corporate social responsibility of business assessment are examined. For a comprehensive assessment of corporate social responsibility, a system of indicators is proposed that takes into account its following components: the development and implementation of human resources, the formation of environmental sustainability and the implementation of socially significant projects.

Handbook of Research on Social Entrepreneurship and Solidarity Economics - Advances in Finance, Accounting, and Economics ◽

From Corporate Social Responsibility to Social Entrepreneurship

10.4018/978-1-5225-0097-1.ch005 ◽

2016 ◽

pp. 78-92

Author(s):

Eva Asensio ◽

Jesús Perán ◽

Yolanda Rodríguez

Keyword(s):

Social Responsibility ◽

Social Entrepreneurship ◽

Business Models ◽

Negative Impact ◽

Point Of View ◽

Economic Changes ◽

Creating Shared Value ◽

Unethical Practices ◽

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.