scholarly journals Implementation Efficiency of Corporate Social Responsibility in the Construction Industry: A China Study

2018 ◽  
Vol 15 (9) ◽  
pp. 2008 ◽  
Author(s):  
Xuetong Wang ◽  
Wenyong Lai ◽  
Xiangnan Song ◽  
Chen Lu
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Construction Industry ◽  
Institutional Environment ◽  
Optimal Level ◽  
The Sustainable Development ◽  
Construction Companies ◽  
Efficiency Performance ◽  
The Government ◽  
Corporate Social

Corporate social responsibility (CSR), as companies’ commitment to the sustainable development of the whole society, is an important approach for construction companies to respond to the emerging social and environmental issues. As the improvement of CSR efficiency leads to the reduction of CSR cost, CSR efficiency is becoming increasingly prominent for construction companies. In this research, the three-stage data envelopment analysis (DEA) model is adopted to analyze the CSR efficiency of Chinese construction companies in the period of 2012–2016. The findings of this research are as follows: (1) the efficiency of the Chinese construction companies in fulfilling CSR has not yet reached an optimal level; (2) the effect of institutional factors on CSR efficiency is complex and non-linear; and (3) the improvement of the CSR efficiency in the Chinese construction industry relies on both optimizing the institutional environment and enhancing the management capacity of CSR efficiency. These findings can not only provide empirical evidence for the government to formulate targeted policy-making regarding marketization to promote construction companies’ efficient commitment of CSR, but also provide construction company managers a valuable reference to benchmarking the CSR efficiency to help them find self-improvement ways to improve CSR efficiency performance.

scholarly journals Reimagining Corporate Social Responsibility in the Era of COVID-19: Embedding Resilience and Promoting Corporate Social Competence

2021 ◽  
Vol 13 (12) ◽  
pp. 6548
Author(s):  
Jingchen Zhao
Keyword(s):  
Corporate Social Responsibility ◽  
Social Competence ◽  
Social Responsibility ◽  
Business Models ◽  
Institutional Environment ◽  
Company Law ◽  
The Sustainable Development ◽  
Ex Ante ◽  
Inclusive Business ◽  
Corporate Social

The debate over corporate objectives and how companies deal with amplified existing societal inequalities and vulnerabilities has received increasing attention in recent years, especially in the wake of the COVID-19 crisis. The pandemic encouraged companies and policy makers to consider ways to develop a more enabling institutional environment, not only to tackle the ongoing crisis but also to prepare for similar future tests. Against this backdrop, the purpose of this paper is to focus on the significance and effectiveness of ex ante corporate social responsibility (CSR) law approaches in tackling the challenges brought by the pandemic. We investigate the uniqueness of the sustainable development challenges in the era of the pandemic, and introduce “corporate social competence” as a compliance principle in response to the need for forward-looking approaches to risk management and strategic planning. We use two ex ante legislative approaches in company law, namely mandatory CSR policy and legally recognised inclusive business models, as examples to illuminate the contribution of company law to navigate the pandemic beyond philanthropic CSR actions.

scholarly journals Indicators of effectiveness in the sustainable development field of construction companies: evidence of Ukraine

2021 ◽  
Vol 915 (1) ◽  
pp. 012026
Author(s):  
O Pavelko ◽  
O Antoniuk ◽  
I Lazaryshyna ◽  
Z Los
Keyword(s):  
Sustainable Development ◽  
Corporate Social Responsibility ◽  
Construction Industry ◽  
Monitoring Systems ◽  
Development Programs ◽  
The Sustainable Development ◽  
Construction Companies ◽  
Effectiveness And Efficiency ◽  
Corporate Social ◽  
Intensity Of Competition

Abstract The article is devoted to the issue of sustainable development and practical aspects of its implementation in the field of construction. Priority directions in formation of strategy of sustainable development of construction companies are established. The success of the implementation of the established areas of activity depends on the indicators of effectiveness and efficiency in the field of sustainable development and corporate social responsibility and their monitoring systems. The analysis was performed on 100 construction companies in Ukraine. The construction industry illustrated by concentration calculation indexes which allow to quantify the degree of concentration and intensity of competition in construction. Recommendations for the identification of sustainable development criteria for construction companies as for the development of sustainable development programs and further confirmation of sustainable development reports by auditors were identified.

scholarly journals Construction Industry in the Czech Republic: the Level of Involvement in Corporate Social Responsibility

2018 ◽  
Vol 66 (2) ◽  
pp. 531-541
Author(s):  
Renata Kučerová ◽  
Tomáš Dania ◽  
Renata Skýpalová ◽  
Veronika Blašková
Keyword(s):  
Corporate Social Responsibility ◽  
Czech Republic ◽  
Social Responsibility ◽  
Construction Industry ◽  
Activity Level ◽  
The Czech Republic ◽  
Level Of Involvement ◽  
Construction Company ◽  
Construction Companies ◽  
Corporate Social

This article introduces results of inquiry in corporate social responsibility conducted among construction companies in the Czech Republic in 2017. Its main themes include specifics of application of the CSR concept in the practice of the construction industry and effects of selected factors on the level of involvement of Czech construction companies in CSR activities. The results of the inquiry clearly indicate that despite the high level of knowledge of the CSR concept among the construction companies reaching 65 % the overall activities across the CSR pillars are scarce. The statistical test results show that large companies working with the concept of business ethics are more engaged in CSR activities. Growing size of the construction company is connected with activity increase in the social pillar. On the other hand, strategic planning hardly affects the company involvement in the CSR concept. Also the length of activity of the construction company on the market only affects CSR activity level within the environmental pillar.

scholarly journals A REVIEW OF CORPORATE SOCIAL RESPONSIBILITY PRACTICES IN DEVELOPING COUNTRIES

2017 ◽  
Vol 4 (1) ◽  
Author(s):  
Ali Alotaibi ◽  
Francis Edum-Fotwe ◽  
Andrew Price
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Construction Industry ◽  
Critical Factor ◽  
Vital Role ◽  
Literature Study ◽  
Construction Companies ◽  
Negative Impacts ◽  
Corporate Social ◽  
Basic Level

The construction industry plays a vital role in every economy by contributing substantially to the national gross domestic product (GDP). Despite the significance of the industry, construction is often criticized for adversely impacting society and the environment through the nature of its work. Managing societal and environmental impacts are at the heart of corporate social responsibility (CSR) which is a critical factor for achieving long-term competitiveness. CSR has been adopted by many industries to address the negative impacts that result from their operations. Research in CSR within the construction industry is limited and still in its infancy, especially in the Kingdom of Saudi Arabia (KSA) where there is a negligible uptake of CSR activities and a lack of strategies and guidelines. The key question here is why the construction industry in KSA has not fully embraced the concept of CSR. This article presents the results of a literature study undertaken to develop an understanding of the reasons that militate against the implementation of CSR in general, and specifically in construction within KSA. The paper adopts a structured approach to analyze materials published on CSR, in general, and how it has been applied in the construction sector, including KSA. The analysis indicates that there are critical factors that have hampered the fulfillment of CSR requirements in construction. A lack of awareness and knowledge is ranked as the greatest barrier, and the lack of a practical and theoretical framework to examine the level of CSR implementation closely follows in tow. The analysis suggests that CSR within KSA is currently at a basic level and focused on philanthropic activities. It also indicates that there is a need to go beyond this basic level by developing an appropriate framework to assist KSA construction companies in integrating CSR fully into their business practice.

scholarly journals Collaborative Strategic View in Corporate Social Responsibility – Construction Industry Case

2021 ◽  
Vol 12 (1) ◽  
pp. 144-163
Author(s):  
Lana Lovrenčić Butković ◽  
Dina Tomšić ◽  
Simona Kaselj
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Construction Industry ◽  
Business Strategy ◽  
External Pressure ◽  
Business Strategies ◽  
Construction Firms ◽  
Construction Companies ◽  
Csr Strategy ◽  
Corporate Social

Abstract Background: The incorporation of corporate social responsibility (CSR) into the business strategy of construction firms boosts their corporate reputation, while at the same time reduces the risk and the external pressure for minimizing a negative societal footprint. Objectives: This study aims to determine the current state of CSR in the Croatian construction industry, in terms of knowing and practicing, and to offer a collaborative strategic view as a viable CSR approach. Methods/Approach: A survey research among large Croatian construction companies regarding CSR in the context of collaboration with stakeholders was carried out and the results were analyzed using the multidimensional unfolding procedure. Results: Results show that for the Croatian construction companies CSR activities are important, but they are not widely seen as a benefit to overall business strategies yet. Conclusions: Results of the research could be helpful to construction firms in the efficient and effective stakeholder engagement, as well as in the development of the calibrated CSR strategy.

scholarly journals Conceptualizing the State of the Art of Corporate Social Responsibility (CSR) in Green Construction and Its Nexus to Sustainable Development

2021 ◽  
Vol 9 ◽  
Author(s):  
Andrianarivo Andriandafiarisoa Ralison Ny Avotra ◽  
Ye Chenyun ◽  
Wu Yongmin ◽  
Zhang Lijuan ◽  
Ahsan Nawaz
Keyword(s):  
Sustainable Development ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Construction Industry ◽  
State Of The Art ◽  
Sem Analysis ◽  
The State ◽  
The Sustainable Development ◽  
Green Construction ◽  
Corporate Social

The study has been investigated on conceptualizing the state of the art of cooperate social responsibility (CSR) in green construction and its nexus to sustainable development. The research objective is to find out the significant relationship between CSR and green construction and further link green construction with sustainable development. The data has been collected from the 319 respondents working on different projects in the construction industry of China. The study is quantitative by nature. SEM analysis with the help of Smart-PLS has been applied to test the hypothesis relationship and mediations between components of CSR, green construction, and sustainable development. Results define that green procurement as a component of green construction strongly mediates between corporate social responsibility and sustainable development, and green design and CO2 emission moderately mediates between corporate social responsibility and sustainable development. This research would add values, benefits, and knowledge toward reducing environmental temperature with the help of green construction occupying the effects of CSR on it. It would be helpful to change the trends in the construction industry to make environmental health protective and to boost the sustainable development.

scholarly journals Testing the Effectiveness of CSR Dimensions for Small Business Entrepreneurs

2020 ◽  
Vol 7 (1) ◽  
pp. 6
Author(s):  
Nor Hadi ◽  
Udin Udin
Keyword(s):  
Corporate Social Responsibility ◽  
Small Business ◽  
Social Responsibility ◽  
Low Cost ◽  
Mining Area ◽  
Production Equipment ◽  
Loan Terms ◽  
The Government ◽  
Contract Implementation ◽  
Corporate Social

This article is intended to empirically test the effectiveness of the Corporate Social Responsibility (CSR) dimension of assistance to Small Business Entrepreneurs (SMEs) under companies’ guidance of Semen Indonesia in Central and East Java. Corporate Social Responsibility (CSR) implementation for Small Business Entrepreneurs (SMEs), besides as a social contract implementation, is also an effort to increase legitimacy. This study is essential to obtain effective and relevant CSR dimensions recommended for the SME empowering program. The study was conducted at SMEs domiciled around the mining area and the cement factory. Out of 250 SMEs, 92 SMEs were involved in this study. The research data was primary, including respondents’ opinions, where the data were taken using survey and interview procedures. Data analysis using statistics was a factorial analysis. The results showed that of the eight programs included in CSR in the field of assistance for empowering SMEs, two were effective for empowering SMEs: (1) low-cost revolving funds and (2) production equipment assistance for SMEs. Meanwhile, six other CSR programs showed ineffectiveness: (1) mentoring, (2) marketing, (3) ease of procedure and relief of loan terms, (4) education and training, (5) accessibility of obtaining loans, and (6) the involvement of parties in the implementation of CSR. It indicated that the six CSR programs were not effective in helping to build image and legitimacy. The results of the research make an important contribution to the government and corporations and show that the construction of CSR programs must give attention to the real conditions and needs of SMEs in order to achieve effectiveness in solving problems by SMEs. Especially for the government, regulations are needed that can systemically encourage companies to implement CSR. This research still has limitations, therefore further research should be developed, especially in the area of empirical testing related to the contextual dimensions of CSR that are relevant to assisted stakeholders. Development-based research should be considered.

scholarly journals Corporate Profit Tax and Strategic Corporate Social Responsibility Under Foreign Acquisition

2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Lili Xu ◽  
Sang-Ho Lee
Keyword(s):  
Corporate Social Responsibility ◽  
Nash Equilibrium ◽  
Social Responsibility ◽  
Corporate Tax ◽  
Government Grants ◽  
Corporate Profit ◽  
Foreign Acquisition ◽  
Strategic Csr ◽  
The Government ◽  
Corporate Social

Abstract This study investigates government public policies facing competing firms’ strategic corporate social responsibility (CSR) activities and finds that the choice of CSR crucially depends on corporate profit tax. We demonstrate that strategic CSR decreases while social welfare increases with corporate tax. When the government grants uniform output subsidies, we show that bilateral CSR leads to a lower CSR level than under unilateral CSR but bilateral CSR is always beneficial to society. However, when the government grants discriminatory output subsidies which yield different levels of unilateral CSR, we show that domestic CSR leads to a lower CSR level than under foreign CSR. In an endogenous CSR choice game, domestic CSR (no CSR) is a Nash equilibrium when corporate tax is low (high) under the uniform subsidy, while foreign CSR could be a Nash equilibrium when corporate tax is low under the discriminatory subsidy.

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