scholarly journals Beyond COVID-19 Pandemic: An Integrative Review of Global Health Crisis Influencing the Evolution and Practice of Corporate Social Responsibility

Healthcare ◽  
2021 ◽  
Vol 9 (4) ◽  
pp. 453
Author(s):  
Henry Asante Antwi ◽  
Lulin Zhou ◽  
Xinglong Xu ◽  
Tehzeeb Mustafa
Keyword(s):  
Corporate Social Responsibility ◽  
Global Health ◽  
Social Responsibility ◽  
Defense Mechanism ◽  
Health And Safety ◽  
Economic Benefits ◽  
Point Of View ◽  
Health Crisis ◽  
Corporate Social ◽  
The Impact

Background: Global health crisis continues to drive the dynamics of corporate social responsibility (CSR) across industries with self-perpetuating momentum. From a historical point of view, more than a century of immense corporate fecundity has formed the ecological conditions and shaped current understanding of the effect of public health on CSR. This study sought to examine the extent to which companies are able to balance their business interest with social interest through health-related CSR and how knowledge of them can help explain the potential impact of COVID-19. Method: This study employs a narrative review of current literature; however, the integrative strategy was combined with the Preferred Reporting Items for Systematic reviews and Meta-Analyses (PRISMA) checklist to rigorously select the necessary articles for proper integrative synthesis. Results: We note that in the pursuit of their social responsibility, corporate enterprises struggle to balance the interest of society and their own interest. Genuine CSR activities such as donations are often undermined by unbridled and excessive desire to draw society on themselves to reap economic benefits are largely dominated by the need to advance. There are signals that enterprises might see COVID-19-related CSR as an entry door to increase corporate influence thereby commercializing the pandemic. Conclusions: The impact of COVID-19 on CSR is epochal. There is a moral obligation for enterprises to reform current risk assessments and collaborate more deeply with state agencies to invest in the health and safety inspections at the world place. CSR strategies must be proactive to endure other unknown pandemics with equal capacity to disrupt business operations. Companies must create innovative and regular activities to educate its stakeholders to become more committed to safeguarding future enterprise-based defense mechanism needed to diagnose, protect, treat, and rehabilitate victims and those threatened by pandemics and other emergencies that affect the stability of an organization to reduce its cost and protect revenue.

scholarly journals Beyond COVID-19 Pandemic: A Systematic Review of the Role of Global Health in the Evolution and Practice of Corporate Social Responsibility

2020 ◽  
Author(s):  
Henry Asante Antwi
Keyword(s):  
Systematic Review ◽  
Corporate Social Responsibility ◽  
Global Health ◽  
Social Responsibility ◽  
Environmental Health ◽  
Health And Safety ◽  
Theory And Practice ◽  
Health Crisis ◽  
Corporate Social ◽  
Hiv Aids

Abstract BackgroundGlobal health crisis continues to drive the dynamics of corporate social responsibility across industries with self-perpetuating momentum. From a historical point of view, more than a century of immense corporate fecundity has formed the ecological conditions and shaped current understanding of the effect of global health on CSR. The HIV-AIDS, the Opiod, the environmental health, obesity and many other health crises have become a synergistic platform to enhance corporate offer and competitiveness through voluntary support and care for victims. This review therefore revisits the core issues in global health that continues to drive CSR across industries. It seek to establish the driving dynamics of healthcare in CSR engagement, identify its contribution to theory and practice and predict the future pattern as corporate enterprises navigate new CSR strategies through the epochal challenges presented by COVID-19MethodThe procedures and set of activities outlined in the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) flow chart was used to carry out the systematic review.ResultsThe analysis has shown that from time immemorial, global health has played a major role in the development and implementation of CSR among enterprises. The HIV-AIDS pandemic, the environmental health crises are two dominant global health crisis that have shaped and continue to drive CSR activities in numerous work places but COVID-19 presents a deeper challenge for enterprise. These diseases are capable of self-mobilising advocates at the international level, have a grabbing value that reaches the corridors of power in international humanitarian organisations and multinational enterprises.ConclusionsThe impact of the novel coronavirus (COVID-19) on CSR is predicted to be monumental and uncommon. The call for a radical overhaul of health and safety measures in enterprises is now urgent than ever before. There is a moral obligation for enterprises to reform current risk assessments and collaborate more deeply with state agencies to invest in the health and safety inspections at the world place.

scholarly journals The impact of corporate social responsibility for employees to organisational commitment

2020 ◽  
Vol 19 (01) ◽  
pp. 1-8
Author(s):  
Tien D. Mai
Keyword(s):  
Corporate Social Responsibility ◽  
Organizational Commitment ◽  
Social Responsibility ◽  
Affective Commitment ◽  
Health And Safety ◽  
Influential Factor ◽  
Job Autonomy ◽  
Continuance Commitment ◽  
Corporate Social ◽  
The Impact

This study explores the factors of corporate social responsibility (CSR) for employees affecting organizational commitment, and then measures the impact of CSR for employees to organizational commitment. The study was conducted by surveying 200 employees working for companies in Ho Chi Minh City. The results of the correlation analysis show that CSR for employees influences the organizational commitment. In addition, the regression analysis shows that more specific results such as job autonomy, benefits (the most influential factor) have positive impacts on “affective commitment” of Vietnamese employees. For “continuance commitment” , besides job autonomy, benefits, the factor “training and development” also shows a positive influence. Meanwhile, the factors related to health and safety, the balance between job and life are not as effective as those in other countries

THE IMPACT OF DESIGNATING LIMITED USE AREAS ON THE SITUATION OF AIRPORTS IN POLAND – WHETHER THEY CREATE AN OPPORTUNITY FOR CONDUCTING CORPORATE SOCIAL RESPONSIBILITY

2017 ◽  
Vol 67 (0) ◽  
pp. 33-42
Author(s):  
Małgorzata Wach-Kloskowska
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Treatment Plant ◽  
Water Treatment Plant ◽  
Legal Framework ◽  
Point Of View ◽  
Real Property ◽  
Legal Provisions ◽  
Corporate Social ◽  
The Impact

A limited use area (LUA) is a legally designated area which is affected by the adjoining facility or other similar structure, e.g. water treatment plant, municipal landfill, communication route, power line/substation, airport. Different kinds of sources causing the limited use of the property have impact either on air quality, noise or generation of electromagnetic fields. According to the law, the permitted emission standards can be exceeded in a LUA. The owner of real property situated in such area may request the purchase of property, compensation for the reduction of the real property value caused by restrictions on use and limitations on expansion of such property, or a claim for the improvement of acoustic comfort. The paper presents the essence of designating limited use areas around airports, analysis of the existing legal framework on the LUA, and an overview of experiences and solutions adopted in selected Polish airports in this regard. The article presents information on how LUAs are designated and on the related prohibitions and restrictions. It also discusses the possible claims and approaches of particular airports towards various types of compensation. The aim of the article is to present opportunities for conducting the corporate social responsibility policy at airports as a result of introduction of limited use areas. It also attempts to assess the good as well as troublesome legal solutions from the point of view of management of Polish airports. When developing this paper, analyzes of the existing legal provisions on LUA designation, internal materials and documents provided by airports, as well as information available on the websites of examined entities were used. A valuable source was also information gathered in the course of in-depth interviews conducted with employees responsible for the management of processes related to the LUA.

scholarly journals The Impact of Corporate Social Responsibility on Corporate Performance - Evidence From Listed Companies in the Sports Industry in China

2018 ◽  
Vol 7 (4) ◽  
pp. 107
Author(s):  
Yanwu Li
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Corporate Performance ◽  
Listed Companies ◽  
Economic Benefits ◽  
Sports Industry ◽  
Corporate Social ◽  
The Impact ◽  
A Company

Maximizing profits has always been the goal and principle pursued in a company’s development. Based on this so-called business principle, companies often blindly pursue economic interests, leaving behind environmental protection and even labor rights and consumer interests, which cause many negative externalities. With the continuous development of the society and the economy, the society no longer evaluates the corporate performance of a company based on its financial performance alone. The society now expects a company not only to improve its financial performance, but also fulfill its social responsibility obligations. However, a large number of companies in China do not put their social responsibility in place. The expenditures on environmental governance, the rights of employees and small/medium investors, along with the intensity of public charity donations, are still unqualified. While the society strongly encourages companies to fulfill their social responsibility, some other parties believe that fulfilling corporate social responsibility increases the cost of a company, which consequently has a negative impact on the financial performance of the company. As a result, whether there is a need for companies to fulfill social responsibility, whether the economic benefits and corporate social responsibility are mutually antagonistic, and how companies should balance their own operations, management and fulfillment of social responsibility, need to be further studied.As an important part of the H-industry, the sports industry has a positive effect on optimizing the industrial structure, expanding domestic demand, and promoting employment. It has developed into a new long-term point in promoting urban economic development. However, at present, there has been little research on the capital management of listed companies in the sports industry. Therefore, based on the Chinese market environment, this paper listed investigates companies in the sports industry. It attempts to find out how the implementation of corporate social responsibility in the Chinese sports industry impacts the corporate performance. This paper uses panel data of 16 listed companies in the sports industry between 2009 and 2016, and rules out the possibility of spurious regression through a series of preliminary tests. Panel correction error model, asymptotic fixed effect model, super-efficiency DEA-Tobit model and threshold panel model are utilized to analyze the influence of fulfilling corporate social responsibility (CSR) on the corporate performance of listed companies in the sports industry in China.

scholarly journals Environmental impact of corporate social responsibility

2021 ◽  
Vol 92 ◽  
pp. 06013
Author(s):  
Anica Hunjet ◽  
Valentina Jurinić ◽  
Dijana Vuković
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Interest Groups ◽  
Health And Safety ◽  
Value Added ◽  
Primary Objective ◽  
Performance Factors ◽  
Social Environmental ◽  
Corporate Social ◽  
The Impact

Research background: Corporate social responsibility (CSR) involves doing business in an ethical manner, being responsible to employees, customers and stakeholders in the business, and contributing to society and social causes. Organisations that implement CSR in their business have the potential to become more competitive in the market, and to create a better image of themselves in public. An organisation should behave in a socially acceptable manner towards interest groups affected by its business, since the behaviour of those interest groups also has an impact on the organisation’s operations. Purpose of the article: This article covers the economic, social, environmental and ethical dimensions of CSR, and focuses on the care for the environment and the impact of the application of CSR on the success of the organisation. Methods: The aim of the research is to investigate how the application of CSR in the organisation affects its performance factors but also its environment and whether the organisation can in addition to achieving its primary objective - profit, also contribute to a better and healthier environment for future generations. Findings & Value added: It can be concluded from the research results that people prefer working in an organisation that is socially responsible and would accept lower pay if conditions such as opportunities for advancement, health and safety at work etc. are met.

scholarly journals Does Capital Market Distrust CSR Reporting? Economic Benefits in Presence of Complementary Monitoring Mechanism

2020 ◽  
Vol 2 (3) ◽  
pp. 1
Author(s):  
Isabel-María García-Sánchez ◽  
Jennifer Martínez-Ferrero ◽  
Tania Azevedo
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Economic Benefits ◽  
Point Of View ◽  
Management Decision ◽  
Theoretical Point ◽  
Csr Reporting ◽  
Information Giving ◽  
Csr Disclosure ◽  
Corporate Social

From a theoretical point of view, corporate social responsibility (CSR) disclosure actions have associated a large list of benefits as a result of the lower information asymmetry problems that provoke firms to enjoy better financial conditions and higher market value. However, empirically there is no unanimity in the academy about these positive impacts. In this paper, we consider that the possible discretionary decision that managers could have in the elaboration of CSR reporting implies distrust about the credibility and utility of sustainability information. In this regard, the presence of independence in boards and directors that ensure better control of management decision could moderate the relationship between the quality of CSR reports and their benefits. Independent directors, in their decision-making process, associate their personal image, reputation, and career with CSR disclosures. For an international sample of analysis, our empirical evidence supports the premise that the market only positively assesses the utility and comparability of corporate social responsibility information, giving firms a superior value when there is a complementary mechanism that guarantees information credibility.

The Effect of Internal Corporate Social Responsibility on Job Satisfaction: An Empirical Study on Jordanian Pharmaceutical Companies

2020 ◽  
Vol 8 (2) ◽  
pp. 112
Author(s):  
Sura Altheeb ◽  
Kholoud Sudqi Al-Louzi
Keyword(s):  
Job Satisfaction ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Quantitative Research ◽  
Skills Development ◽  
Future Research ◽  
Pharmaceutical Companies ◽  
Corporate Social ◽  
The Impact ◽  
Positive Results

The current research investigates the impact of internal corporate social responsibility on job satisfaction in Jordanian pharmaceutical companies. Quantitative research design and regression analysis were applied on a total of 302 valid returns that were obtained in a questionnaire based survey from 14 pharmaceutical companies among employees, supervisors and managers. The results showed that internal corporate social responsibility was significantly related to job satisfaction and three of its dimensions, namely working conditions, work life balance and empowerment contributed significantly to job satisfaction, whereas employment stability and skills development had no contribution. This study implies that Jordanian pharmaceutical companies have to try their best to promote and facilitate internal corporate social responsibility among their employees in an effort to improve their job satisfaction, which will eventually yield positive results for the company as a whole. In light of these results, the research presented many recommendations for future research; the most important ones were the application of this study in other sectors, cultures, and countries, and using of multi method for collecting data.

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