scholarly journals Evaluating the Application of CSR in the High-Tech Industry during the COVID-19 Pandemic

Mathematics ◽  
2021 ◽  
Vol 9 (15) ◽  
pp. 1715
Author(s):  
Shih-Chia Chang ◽  
Ming-Tsang Lu ◽  
Mei-Jen Chen ◽  
Li-Hua Huang

Since its conception, corporate social responsibility (CSR) has seen continuous growth and become a highly discussed issue. In this paper, we propose an evaluation of how the COVID-19 pandemic could impact CSR applications. The pandemic has provided an opportunity for commerce to move on to being more authentic, to offer genuine CSR applications and to contribute toward dealing with pressing environmental and social issues. Hence, this purpose of the research is to obtain a better understanding of whether the integration of environment, social, corporate governance and economic (ESGE) aspects into CSR strategies can support sustainable development toward more sustainable growth during the COVID-19 pandemic. To meet this challenge, we offer a mixture multiple-criteria decision making (MCDM) model. Very few empirical studies have discussed CSR in the high-tech industry and proposed strategies and planning for ESGE efficiency. Using interviews with experts and a literature review, we identify the elements related to actual practices of the high-tech industry’s appraisal and the integrated MCDM techniques to suggest efficient enhancement models. The best worst method (BWM) and modified VIKOR are implemented to estimate the strategic weights and the gaps of the aspiration value. The results are valuable for classifying the priorities of CSR and are therefore helpful for those who are associated with high-tech industry management, practices and implementation.

2019 ◽  
Vol 11 (16) ◽  
pp. 4379 ◽  
Author(s):  
Yanli Li ◽  
Lan Gao

Corporate social responsibility (CSR) has gained attention in the forestry sector, especially among Chinese forestry companies, which faces serious challenges. This study explores the CSR activities of Chinese forestry companies listed on the Shanghai and Shenzhen Stock Exchanges and analyzes how they differ from their international counterparts. CSR contents, levels, strategies, and determinants are examined through a quantitative content analysis and statistical analyses. The results show that Chinese forestry companies’ CSR contents, like their international counterparts, are diverse and include the environment, employees, communities, general social issues, consumers and products, investors and creditors, governments, and supply chains. Both of them focus on environmental and employee responsibility and pay less attention to community responsibility; however, their CSR priority activities differ. While Chinese companies rank employee responsibility activities first and environmental activities second, their international counterparts prioritize environmental activities over employee responsibility. Chinese forestry companies have four types of CSR strategies—reactive, focused, opportunistic, and proactive—and the majority of these companies adopt reactive strategies. Only a few Chinese forestry companies choose proactive strategies. Forest resources partially explain the variance in the levels of government responsibility among forestry companies, and the industry type influences the levels of corporate environmental responsibility.


2021 ◽  
Vol 9 (09) ◽  
pp. 544-549
Author(s):  
Geetanjali Dangi Thakur ◽  
G.L. Puntambekar

India is a vast country with huge size of population and half of the population is living under poverty & inequality. Indias big share of population is struggling for basic amenities and there is a need of collaborative efforts of both government and corporate sector. In India Sustainable Development Goals (here after SDGs) and Corporate social Responsibility (hereafter CSR) are the most powerful tools to deal with social issues. CSR seems like a powerful framework for corporate sector to engage in achieving SDGs to a certain extent. In 2015 India adopted the 17 sustainable development goals with 169 targets and in 2014 CSR policy came with social initiatives. The idea behind linking CSR & SDGs is the thematic social sectors included in both of them.The activities which are included in schedule VII of companies act having lot of overlap with the thematic areas of sustainable development goals and thats why there has seen tremendous potential of both tools to develop a model for sustainable growth. Till date from 2014 to 2020 corporate sector contributed Rs. 59,505 cr. in CSR activities which are directly related to SDGs. So, this paper focus on the concept of leveraging CSR practices because working on CSR practices will ultimately help in achieving SDGs to higher extent.


2015 ◽  
Vol 3 (1) ◽  
pp. 07-16 ◽  
Author(s):  
Hemantkumar P. Bulsara ◽  
Shailesh Gandhi ◽  
Jyoti Chandwani

Social Entrepreneurship is an all-encompassing nomenclature, used for depicting the process of, bringing about social change on a major and impactful scale compared to a traditional Non-Governmental Organization (NGO). It is an increasingly important concept in the study of voluntary, non-profit and not-for -profit organizations. Earlier, organizations addressing key social issues were assumed to be idealistic, philanthropic with entrepreneurial skills. Social Entrepreneurship in India is emerging primarily because the government is very keen on its promotion, not necessarily by funding it or by advising on it but by enabling it. The Corporate Social Responsibility (CSR) of the private sector with clearly earmarked funds and full-fledged action teams have played an important role in sprucing up the image of Social Entrepreneurship. The focus of the paper is to study the growing trends of Social Entrepreneurship in India and the new initiatives taken by various Social Entrepreneurs. It also gives a brief idea of different Theories of Social Entrepreneurship. Efforts are made to provide information and an exploratory study, related to the support activities of Social Entrepreneurship and Social Entrepreneurial ventures in India. This may be beneficial in future empirical studies of the subject. Keywords: Entrepreneurship, Social Entrepreneurship, Social Entrepreneur, NGO, Corporate Social Responsibility, India.


2020 ◽  
Vol 12 (24) ◽  
pp. 10554
Author(s):  
Isabel-María García-Sánchez ◽  
Víctor Amor-Esteban ◽  
David Galindo-Álvarez

Companies are fully aware of the importance of including the Sustainable Development Goals (SDGs) in their corporate social responsibility (CSR) strategies, and of the importance of ensuring that the information disclosed allows groups to be identified. The business contribution to the 2030 Agenda is of interest, as it entails an accurate representation of company identity and is congruent with its contribution to the 2030 Agenda. For it, a content analysis of the business communication of 69 Spanish companies with their stakeholders was carried out in order to identify the possible existence of impression management practices. The evidence obtained indicates that although certain companies have adopted strategies to legitimise their contribution through self-promoting information or terms that allow diverting attention from irresponsible behaviour, companies that show a commitment to the 2030 Agenda do not make use of the information disclosed to manage stakeholder perceptions. Theoretically, our research contributes to increasing current knowledge about corporate communication strategies related to non-financial information, and identifying strategies to legitimise and manage impressions in the information related to the SDGs initiatives.


2013 ◽  
Vol 869-870 ◽  
pp. 754-757
Author(s):  
Te Fu Chen ◽  
Chieh Heng Ko ◽  
Chien Chao Huang ◽  
Wen Cheng Wang

The purpose of this study is to explore and under purpose of green management, including both from the perspective of business management and the practitioners, the perspective of business management is the triple-bottom-line which consists of the environmental benefits, positive economics effect, and healthy societal images. The triple bottom line captures an expanded spectrum of values and criteria for measuring organizational (and societal) success: economic, ecological and social. Based on the perspective of the practitioners, this study will address two questions: First, what is the Environmental Positioning: Branding for green management? Secondly, what are some of the concerns (Environmental impact, the Economics, the Society)? Furthermore, this study discusses the case study of corporate company that has implemented green management practices. The analysis and understanding and the purpose of green management have been explored through the case study of Sony. As such, a detailed analysis of green management in high-tech industry has been covered.


Author(s):  
Long Lam ◽  
Phuong Nguyen ◽  
Nga Le ◽  
Khoa Tran

It is widely acknowledged that enhancing innovation capability is an inevitable requirement for the survival and sustainable growth of firms operating in the information technology sector. Therefore, this study was conducted to explore the relationship among organizational culture, knowledge management and innovation capability in the open innovation environment to provide useful suggestions and recommendations for managerial practices within the high-tech industry. Primary data collected from 182 high-tech firm’s representatives were processed by using the Structural Equation Modeling approach. The results showed that knowledge management was strongly correlated with innovation capability. The positively significant relationship between organizational culture and knowledge management was also confirmed. Overall, the findings suggest that an open innovation culture of an organization in which mutual trust, collaboration and learning are promoted by supportive and participative leaders is more likely to increase the efficiency of knowledge management practices; thus, eventually lead to enhanced innovation capability of the firm.


2015 ◽  
Vol 29 (6/7) ◽  
pp. 547-559 ◽  
Author(s):  
Ingrid M. O'Brien ◽  
Wade Jarvis ◽  
Geoffrey N. Soutar

Purpose – The paper aims to measure and identify customer preference for social issues and understand the importance of customer engagement when service organisations implement corporate social responsibility (CSR) programmes. Design/methodology/approach – Developing a relevancy/scope typology framework, this paper then examines the relationships between social issues preference, engagement and loyalty. The models were estimated to assess the role engagement played in the relationship between CSR issue preference and loyalty. The sample was obtained from customers who used a large national Australian Internet service provider. Findings – Local and global CSR issues relevant to the organisation were most preferred, while engagement had the strongest, positive effect on loyalty and was a full mediator of the relationship between CSR issue preference and loyalty. Practical implications – Service organisations should direct their CSR efforts towards addressing social issues that are relevant to their business, and obtaining customer engagement is imperative if they wish to improve loyalty. Social implications – Providing greater clarity on how organisations can improve loyalty from CSR programmes will increase the likelihood of organisations investing their resources towards addressing social issues. Originality/value – Few empirical studies have identified which social issues are the most preferred by customers. The development of a social issue typology and the testing of the relationships between social issue preference, engagement and loyalty provides empirical evidence of how a CSR strategy can improve loyalty.


Author(s):  
Ganga Bhavani ◽  
Reena Agrawal

In recent years, many organizations have incorporated corporate social responsibility (CSR) as part of their vision and mission statements. There are many evidences demonstrates the positive results after implementation of CSR. Now, the question is, what are the contributions of CSR towards sustainable development of society and growth? The current study shows the association between CSR and sustainable growth. Real-time analysis of relevant studies of organizations who initiated CSR strategies towards sustainable development and growth are incorporated in the present chapter.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Sang Il Kim ◽  
Kyung Tae Kim

PurposeCorporate social responsibility (CSR) index represents attributes of firms that are differentiated. The purpose of this paper is to investigate the impacts of differentiated CSR, CSRS (strategic CSR activities) and CSRD (defensive CSR activities) on R&D expenditure and its effectiveness on firm values.Design/methodology/approachThe sample includes 1,388 firm-year observations for 2004–2015 of listed firms on the Korean Stock Exchange (KSE) whose CSR measures, KEJI (Korea Economic Justice Institute) index are available from the Citizens' Coalition for Economic Justice (2016).FindingsThe results show that while CSRS is positively associated with R&D expenditure, CSRD is not. Further, development costs and its interaction term with CSRS positively affect firm values.Originality/valueThis study provides an important reason to separate the attributes of the CSR in future empirical studies. The results imply that the study of effects of CSR on sustainable growth or firm values should focus on CSRS rather than CSR activities in general in future research.


2021 ◽  
Vol 12 (1(V)) ◽  
pp. 1-18
Author(s):  
Peter Fofuh ◽  
Olawumi Dele Awolusi

The purpose of this study is to examine how CSR is practiced by local businesses and their influence on environmental protection and sustainable growth in Cameroon. Grounded on the stakeholder theory, a multi-method data collection tool was used to collect data for qualitative analysis. A thematic content analysis was approached was used in this study to examine the CSR practices of 20 local businesses in Cameroon. Findings from the study revealed that the concept of corporate social responsibility is relatively new and local corporations are not fully equipped to address the needs of their stakeholders. Also, environmental concerns and community issues were not areas of concern to companies when adopting CSR strategies. Additionally, government intervention to enforce existing laws and regulations on environmental and social issues was lacking. The study implies that by neglecting environmental concerns local businesses are endangering the environment and failing to plan for sustainable growth. Besides expanding knowledge about the level of CSR awareness and practice in Cameroon by exposing the limitations of local companies in adopting CSR and the laxity of the government in enforcing the relevant laws and legislation. It is recommended, that to plan for sustainable development and environmental protection, the government should be more proactive in upholding laws and regulations related to environmental protection and businesses, being more ethical in their daily practices. CSR policies should also be codified to encourage and compel businesses on the need for environmental protection by requesting businesses produce mandatory CSR disclosures.


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