scholarly journals PHILOSOPHY MANAGEMENT ENTERPRISE OF ENERGY INFRASTRUCTURE ON THE BASIS OF SOCIAL RESPONSIBILITY

Author(s):  
Inna Samoilenko ◽  
Anastasija Kamneva

Introduction. In the age of economic development globalization of the country, for a variety of objective factors, relevant issues regarding social management restructuring and modernization at energy infrastructure enterprises through integration into the energy infrastructure enterprises corporate policy of social standards that would meet the requirements of the modern civilizational world and would have a positive social impact. Methods. During the implementation of the research tasks were used the as follows: cognition method, combination of general scientific and special research methods, the analysis and synthesis, the historical and logical method, the induction and deduction, which made it possible to separate and clarify the social and economic essence of definitions sush as "corporate social responsibility" and find out and define the principles and instruments of social responsibility at an enterprise. Results. The article is concerned with development of approaches interpreting the social and economic essence of "corporate social responsibility" for energy infrastructure enterprises, which is manifested in the social, economic and cultural life of citizens and is based on the principles of honesty, sociability, transparency and responsibility. Discussion. Another task that must be solved and which requires its separate scientific research is the formation of a policy for reducing energy poverty. In this context, taking into account world experience it is necessary to investigate existing approaches to interpreting vulnerable categories of consumers and identify groups of socially vulnerable consumers. Keywords: corporate social responsibility, energy infrastructure enterprises, social standards, service quality, consumers.

2014 ◽  
Vol 10 (1) ◽  
pp. 161-183 ◽  
Author(s):  
Denni I. Arli ◽  
Jack Cadeaux

Purpose – The aim of this study is to explore drivers of corporate community involvement (CCI) initiatives and the challenges faced by companies in measuring the social impact of their initiatives in Australia. Design/methodology/approach – The authors conducted semi-structured interviews with various corporate social responsibility (CSR) or CCI managers from Australian companies and their not-for-profit (NFP) partners. The final sample consists of 27 managers from a mix of industries. Findings – The study shows that stakeholder's salience may have an impact on CCI activities, especially in the area of measurements and reporting activities. Moreover, while some companies have attempted to measure the social impact of their initiatives, a large number of companies have not. This is all the more surprising given the recent focus in marketing on accountability and measurement. The results show three challenges: lack of interest, lack of resources and lack of consensus. Subsequently, the authors offer some research propositions to underline these challenges. Originality/value – This study focuses on CCI which is one of the most visible parts of corporate social responsibility (CSR). It draws on interviews with various managers in charge of companies' CSR or CCI.


2019 ◽  
Vol 25 (1) ◽  
pp. 274-279
Author(s):  
Leontin Stanciu ◽  
Cristian-Lucian Stanciu

Abstract In the context of a modern economy, maximizing the value of economic entities cannot be achieved only through basic activities. The fulfillment of this strategic objective implies the conduct of other types of activities bearing a social impact, brought together under the concept of corporate social responsibility. In this context, the authors intend to empirically investigate the social responsibility, both in terms of concept, evolution, and management, at the level of the economic entities and to argue the necessity of extending it at a microeconomic level for a sustainable development.


2019 ◽  
pp. 1066-1085
Author(s):  
Juana Alonso-Cañadas ◽  
María del Mar Gálvez-Rodríguez ◽  
María del Carmen Caba-Pérez ◽  
Laura Saraite

Nonprofit organisations should be at the forefront in implementing corporate social responsibility in their actions and in disclosing these practices, not only to improve their image but also to enable access to corporate social responsibility information to be used as an effective instrument for continuous improvement. This chapter analyses perceptions of online transparency and web-usage as a means of online corporate social responsibility disclosure practices. Data is obtained from nonprofit case study analysis of Spanish Verdiblanca. The results reveal a contradiction between the corporate social responsibility information that is considered most important and actual practices of information disclosure. In particular, the information disclosure that is most highly valued concerns the social impact made by the organisation, compared to information on economics which is the most visible on the organisational webpage.


2019 ◽  
Vol 44 (3) ◽  
pp. 220-225
Author(s):  
Claudia Carr

An increase in the power and reach of corporations has driven increasing concern with corporate responsibility. The social impact of corporations, including law firms, includes any interactions with human rights. This article argues that Australian law firms should engage more actively with human rights standards, and ensure that they are not unwittingly complicit in human rights violations. It identifies key areas in which law firms’ conduct may impact human rights, and suggests corporate responsibility practices and policies for adoption.


AdBispreneur ◽  
2020 ◽  
Vol 5 (1) ◽  
pp. 15
Author(s):  
Meilanny Budiarti Santoso ◽  
Santoso Tri Raharjo ◽  
Sahadi Humaedi ◽  
Hendri Mulyono

The Corporate Social Responsibility (CSR) activities carried out by companies should ideally be a social investment for them. The activities should not necessarily be aimed to meet their responsibilities since it would only bring a short-term good reputation and even potentially be a threat for them in the future. Indeed, as a social investment, the Corporate Social Responsibility (CSR) activities that are run for a long time will provide them with a business ‘change’ or ‘return’ in the form of profit for the company. The method used to measure the social impact of the CSR activities was Social Return on Investment (SROI) which not only could calculate the value of profits in the form of money, but included a broader concept covering social, economic and environmental values. The results of this study reveal that Sentra Industri Bukit Asam (SIBA) Batik Kujur Program that was initiated based on culture (history) has produced economic and business values for service users in the society. This resulted in a social investment impact value in the form of SROI Ratio of 5.39, which means that for every investment made by PTBA with Rp. 1,- they will get impact or benefit worth Rp. 5.39,-. Therefore, it can be seen from the social and economic values that the Sentra Industri Bukit Asam (SIBA) Batik Kujur Program is feasible and successful. Kegiatan corporate social responsibility (CSR) yang dilakukan perusahaan idealnya dilaksanakan sebagai sebuah investasi sosial, bukan sekedar kegiatan yang bersifat sementara untuk menunjukkan tanggung jawab saja, karena hal demikian hanya akan mendatangkan citra baik sesaat dan akan menjadi ancaman bagi perusahaan di kemudian hari. Sebagai sebuah investasi sosial, pelaksanaan kegiatan CSR dalam jangka panjang akan mendatangkan “kembalian” (return) bisnis berupa profit bagi perusahaan. Metode yang digunakan untuk mengukur dampak sosial dari kegitan CSR adalah dengan menggunakan social return on investment (SROI) yang tidak hanya menghitung nilai keuntungan berupa uang saja, melainkan mencakup konsep yang lebih luas yaitu meliputi nilai sosial, ekonomi dan juga lingkungan. Hasil kajian menunjukkan bahwa Program Sentra Industri Bukit Asam (SIBA) Batik Kujur yang diinisiasi dengan berbasis pada budaya (sejarah) telah menghasilkan nilai ekonomi dan bisnis bagi masyarakat penerima program, yaitu menghasilkan nilai dampak investasi sosial berupa SROI Rasio sebesar 5,39 artinya bahwa setiap investasi yang dilakukan oleh PTBA sebesar Rp. 1,- memperoleh dampak atau manfaat senilai Rp. 5,39,-. Bila ditinjau dari sisi sosial dan ekonomi, maka program Sentra Industri Bukit Asam (SIBA) Batik Kujur dapat dikatakan layak dan berhasil.


Author(s):  
Suhail Sultan ◽  
Imad Rjoub

The purpose of this case study is to discuss the leadership role in Corporate Social Responsibility (CSR) and thus on the company’s competitiveness, performance, and reputation. The case highlights the adoption of CSR as a long-term strategy in a manufacturing family business located within a highly volatile country in the Arab world where awareness of CSR is not prevailing. By interviewing the owners and senior managers of Royal Industrial Trading Company, one is able to understand how they view their social responsibilities and how they insert CSR into the company’s strategy. Royal has a number of corporate social responsibility policy aims but its current disclosures do not provide a sufficient level of detail to adequately assess the social impact of their activities or link their activities to the achievement of specific stated social aims. The company is enjoying the rewards of improved competitive position, the benefit to their shareholders, and the benefit to the society at large.


Author(s):  
Juana Alonso-Cañadas ◽  
María del Mar Gálvez-Rodríguez ◽  
María del Carmen Caba-Pérez ◽  
Laura Saraite

Nonprofit organisations should be at the forefront in implementing corporate social responsibility in their actions and in disclosing these practices, not only to improve their image but also to enable access to corporate social responsibility information to be used as an effective instrument for continuous improvement. This chapter analyses perceptions of online transparency and web-usage as a means of online corporate social responsibility disclosure practices. Data is obtained from nonprofit case study analysis of Spanish Verdiblanca. The results reveal a contradiction between the corporate social responsibility information that is considered most important and actual practices of information disclosure. In particular, the information disclosure that is most highly valued concerns the social impact made by the organisation, compared to information on economics which is the most visible on the organisational webpage.


2018 ◽  
pp. 1169-1180
Author(s):  
Suhail Sultan ◽  
Imad Rjoub

The purpose of this case study is to discuss the leadership role in Corporate Social Responsibility (CSR) and thus on the company's competitiveness, performance, and reputation. The case highlights the adoption of CSR as a long-term strategy in a manufacturing family business located within a highly volatile country in the Arab world where awareness of CSR is not prevailing. By interviewing the owners and senior managers of Royal Industrial Trading Company, one is able to understand how they view their social responsibilities and how they insert CSR into the company's strategy. Royal has a number of corporate social responsibility policy aims but its current disclosures do not provide a sufficient level of detail to adequately assess the social impact of their activities or link their activities to the achievement of specific stated social aims. The company is enjoying the rewards of improved competitive position, the benefit to their shareholders, and the benefit to the society at large.


2017 ◽  
Vol 13 (2) ◽  
pp. 370-389 ◽  
Author(s):  
Haifa Chtourou ◽  
Mohamed Triki

Purpose The purpose of this study is to measure the impact of commitment in corporate social responsibility (CSR) in its various forms (CSR philanthropy/ altruism, CSR integration and CSR innovation) on the financial performance as measured by certain ratios. Design/methodology/approach Thus, on the basis of a theoretically constructed questionnaire administered to 82 responsibles (general managers, human resources managers and CSR responsibles) operating in four business areas, the authors have developed the extent of the overall CSR commitment and the extent of commitment by CSR action type. Findings The examination of the impact of the CSR commitment on the financial performance has partially approved the social impact assumption. Indeed, only the positive effect of CSR philanthropy is demonstrated. Otherwise, for integrated and innovative actions, the low involvement in these actions in relation to philanthropic ones could explain the lack of significant association. But this result is also important, as it marks the lack of any negative effects. Even if they do not result in a better financial performance, these commitments do not bring harm to the firm. As for the strategic approach predominance on the altruistic approach, this hypothesis is checked only in the case of firms operating in the chemical sector. Research limitations/implications The main limitation of the study is the limited size of the total sample and the sample by industry, so the authors expect a larger sample might be able to provide more meaningful results. Practical implications Then, the study suggests the importance of implementing real CSR strategies for firms that often find doubt and ambiguity when they decide to undertake social actions. However, these results do not mean that companies must refrain from driving altruistic or philanthropic activities but are encouraged to seek a social performance that suits a certain level of integration and innovation. Social implications The most important of all the above is that the negative impact of social actions is not verified in any way, allowing to state that the social actions do not exert a negative effect on the financial performance. So, participation in social problems do not bring harm to the firm. Originality/value The originality of this work comes from: the measure of CSR commitment, and the use of a classification typology of CSR actions in terms of their interaction with the core of the firm’s business as developed by Halme (2009). In fact, based on a theoretically constructed questionnaire, the authors have developed two measures of responsible commitment (level of commitment and intensity of commitment) of some industrial Tunisian firms.


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