Corporate Social Responsibility in the West (U.S. and West Europe) vs. East (China)

Social Responsibility ◽

Natural Environment ◽

Social Economic ◽

Point Of View ◽

Cultural Norms ◽

The West ◽

Social Perspectives ◽

The Social ◽

This chapter explains why Corporate Social Responsibility (CSR) is not widespread in some of countries, such as China, and how little effort towards CSR can create problems regarding a country's ability to trade with other countries that have national CSR policies and regulations. The chapter shows the strengths of organizations through the point of view of ethical social responsibility that actualizes itself in CSR. There is no doubt that the contribution to a community regarding the community's social, economic, and natural environment is impacted by different factors. A community is impacted by national policies as well as by the social perspectives and practices that exist in that nation. This chapter highlights the need to revive ethical values in the fields of society, economics, and the natural environment in correlation with the social and cultural norms in each given country.

Advances in Business Strategy and Competitive Advantage - Empowering Organizations through Corporate Social Responsibility ◽

Corporate Social Responsibility in the West (U.S. and West Europe) vs. East (China)

10.4018/978-1-4666-7294-9.ch005 ◽

2015 ◽

pp. 97-111

Author(s):

Ruth Wolf

Keyword(s):

Social Responsibility ◽

Natural Environment ◽

Social Economic ◽

Point Of View ◽

Cultural Norms ◽

The West ◽

Social Perspectives ◽

The Social ◽

Flexicurity and corporate social responsibility (CRS)

Zeszyty Naukowe Wyższej Szkoły Humanitas Zarządzanie ◽

10.5604/18998658.1232690 ◽

2016 ◽

Vol 17 (4) ◽

pp. 74-93

Author(s):

Justyna Suska

Keyword(s):

Social Responsibility ◽

Work Performance ◽

Social Economic ◽

Point Of View ◽

Survey Method ◽

Local Society ◽

Political Reality ◽

The Social ◽

Purpose – Flexicurity and Corporate Social Responsibility (CSR) are important issues of the modern social policy in Europe, and at the same time they are becoming part of the social, economic and political reality. Economic development has been occurring in parallel within the social, economic, political and cultural spheres. These changes served as a backdrop for the creation of two solution models called Flexicurity and CSR. The first term, Flexicurity, means that solutions are focused on securing the performance of work to the company’s benefit, while at the same time caring about the employee’s terms and conditions of employment and work performance. Flexicurity combines two elements, i.e. flexibility and job security, and makes it possible for the employer and employee to secure their interests. CSR is a concept that expresses a certain formula of a company’s strategy, realized from the point of view of interests of such an entity, but with consideration of entities from its surroundings, such as: employees, business partners, clients, competitors, local society and natural environment. The aim of this article is to present scientific insight concerning the relations between the Flexicurity and CSR models. Study methodology – For the purposes of this paper, the following research methods were used: critical analysis of literature, document research method, diagnostic (scenario) survey method and comparative study method. Synthesis, deduction and induction methods were also used. Result – As a result of the conducted study, it was shown that modern companies operating in this new economy face an incredible challenge – they must learn how to manage in a manner altogether different than before. Because of this, there is need to take many actions and make much effort, which is not an easy task. In a modern, knowledge-based economy, companies need to fulfil a new role – social responsibility that is also concerned with the introduction of Flexicurity and making it a permanent element of company management Originality/value – The conducted analysis creates a foundation for the discussion on the subject of eliminating imbalance between the scale at which the solutions of the Flexicurity and CSR models are currently used and the present demand for their introduction on the part of employees, companies, local government institutions, employers’ organizations and employee unions.

Democracy and Private Discretion in Business

Business Ethics Quarterly ◽

10.5840/beq20051512 ◽

2005 ◽

Vol 15 (1) ◽

pp. 37-66 ◽

Cited By ~ 6

Author(s):

Wim Dubbink

Keyword(s):

Social Responsibility ◽

Social Power ◽

Point Of View ◽

Modern Theory ◽

Democratic Deficit ◽

The Public ◽

The Social ◽

Abstract:Some critics raise moral objections against corporate social responsibility on account of its supposedly undemocratic nature. They argue that it is hard to reconcile democracy with the private discretion that always accompanies the discharge of responsibilities that are not judicially enforceable. There are two ways of constructing this argument: the “perfect-market argument” and the ‘social-power argument.” This paper demonstrates that the perfect-market argument is untenable and that the social-power argument is sometimes valid. It also asserts that the proponents of the perfect-market argument are mistaken in their assumption that perfect markets are conducive to democracy. There are strong reasons to hold that perfect markets are undesirable from a democratic point of view. A proper conceptualization and differentiation of the relation between “the private and the public” can make this clear. The proponents of the social-power argument sometimes maintain that the democratic deficit can be compensated for by consulting the stakeholders affected. Against this, I will argue that the social power argument has nothing to offer affected parties. Still, it will be shown that modern theory on corporate social responsibility is not well accommodated to the democratic deficit as revealed by the social power argument.

Should Corporate Social Responsibility Around The World be Mandatory or Voluntary?

Comparative Law Review ◽

10.12775/clr.2021.006 ◽

2021 ◽

Vol 27 ◽

pp. 169-193

Author(s):

Mohammad Alwasmi ◽

Ahmad Alderbas

Keyword(s):

Social Responsibility ◽

Social Economic ◽

Voluntary Activity ◽

Advantages And Disadvantages ◽

The Social ◽

The World ◽

Definition Of ◽

Corporate social responsibility (CSR) is an idea that has grown during the last three decades from the voluntary activity of business firms into a debate about whether CSR should be mandated by law because of the increased demand from society. Further, it has been argued that business corporations are owned by their shareholders, and the managers must concentrate on maximizing the wealth of their shareholders and not of the community. To determine how better to apply CSR, this paper begins with looking at the evolution of CSR as a system around the world and then discusses the definition of CSR. In addition, this paper explores the advantages and disadvantages of implementing voluntary CSR and then explores mandatory CSR. Moreover, in this paper, it is found that determining the proper CSR system depends on many factors in each country, such as the social, economic and legal factors that should be examined before applying mandatory or voluntary CSR.

RESEARCH OF APPROACHES TO THE ASSESSMENT OF CORPORATE SOCIAL RESPONSIBILITY OF MEDIUM-SIZED BUSINESSES

Vestnik of Samara State University of Economics ◽

10.46554/1993-0453-2021-3-197-63-69 ◽

2021 ◽

Vol 3 (197) ◽

pp. 63-69

Author(s):

E.P. Troshina ◽

◽

T.A. Chizhova ◽

Keyword(s):

Social Responsibility ◽

Social Economic ◽

Scientific Work ◽

Self Assessment ◽

The Public ◽

Social Mission ◽

The Social ◽

With the increasing role assigned to the social mission of business in the formation of a positive image in front of the public, the problem of evaluating the activities in the field of corporate social responsibility (CSR) by organizations focused on successful development is becoming increasingly relevant. The article discusses the various approaches currently used in practice (including standards, sustainability indices, self-assessment models) that allow evaluating the activities of organizations in the field of CSR. Such a variety of evaluation methods is due to the fact that each of them has a number of limitations in its application, which should be considered. As a result of systematization of the approaches to CSR assessment considered in the framework of the study, their comparative analysis was carried out in key areas of CSR. A significant result of the presented scientific work is the determination of the most appropriate method for assessing the activities of mediumsized businesses in all areas of CSR (environmental, social, economic, stakeholders, neighborliness).

Global Corporate Social Responsibility Initiatives for Reluctant Businesses - Advances in Business Strategy and Competitive Advantage ◽

Islam and Corporate Social Responsibility

10.4018/978-1-7998-3988-0.ch003 ◽

2021 ◽

pp. 44-56

Keyword(s):

Social Responsibility ◽

Environmental Sustainability ◽

Social Economic ◽

Point Of View ◽

The Core ◽

Several studies have been conducted to explore corporate social responsibility and its essence for the current world. The majority of the books and existing literature have presented the Western point of view of CSR; however, this chapter aims to explore corporate social responsibility from the viewpoint of Islam. The discussion reveals that Islamic corporate social responsibility provides a systemic framework of CSR practice, which is beneficial for everyone in the society. The core sustainability can be achieved as this in the form of social, economic, and environmental sustainability.

CSR and Socially Responsible Investing Strategies in Transitioning and Emerging Economies - Advances in Business Strategy and Competitive Advantage ◽

Digitization as a Stimulus for Corporate Social Responsibility

10.4018/978-1-7998-2193-9.ch003 ◽

2020 ◽

pp. 46-64

Author(s):

Hristina Vilhelm Blagoycheva

Keyword(s):

Social Responsibility ◽

Aggregate Demand ◽

Point Of View ◽

Labor Costs ◽

Socially Responsible ◽

Positive Effects ◽

The Social ◽

Key Factor ◽

It has already been proven that digitization creates economic growth. But a key factor for the future of society is its perception from the social point of view. Digitization leads to changes that will inevitably affect aggregate demand, employment, and labor costs. Therefore, the purpose of this chapter is to investigate how the digitization interacts with the corporate social responsibility to increase the positive effects over the society. Corporate social responsibility is the sphere that implements the non-economic aspects of the digitization. But before its full deployment, there are still a number of obstacles. Numerous studies have shown that digitization can provide tools to facilitate the socially responsible activities. At the same time, it can also serve as a push for corporate social responsibility, as the formation of a socially conscious market leads to socially committed employees and to increasing their demands on the social responsibility of the business.

The social, economic and environmental dimensions of corporate social responsibility: The role played by consumers and potential entrepreneurs

International Business Review ◽

10.1016/j.ibusrev.2015.03.002 ◽

2015 ◽

Vol 24 (5) ◽

pp. 836-848 ◽

Cited By ~ 35

Author(s):

M. Rosario González-Rodríguez ◽

M. Carmen Díaz-Fernández ◽

Biagio Simonetti

Keyword(s):

Social Responsibility ◽

Social Economic ◽

The Social ◽

A kereskedelmi láncok CSR-tevékenysége – a versenyképességük fokozása (CSR activities of commercial chains – increasing their competitiveness)

Vezetéstudomány / Budapest Management Review ◽

10.14267/veztud.2013.03.06 ◽

2013 ◽

pp. 61-71

Author(s):

Patrícia Németh

Keyword(s):

Social Responsibility ◽

Business Strategy ◽

Social Economic ◽

Cost Effective ◽

Point Of View ◽

High Turnover ◽

Responsible Attitude ◽

Corporate Social ◽

The Relationship

A kereskedelmi láncok különböző stratégiákat választhatnak, illetve alkalmazhatnak a társadalmi, gazdasági és környezeti kihívások kezelésére, a társadalmi normákhoz és elvárásokhoz való igazodáshoz. A tanulmányban a szerző azt vizsgálja, hogy milyen összefüggés van a társadalmi felelősségvállalásuk és a versenyképességük között, s a felelős magatartásuk javítja-e versenypozíciójukat. Bemutatja, hogy hazai viszonylatban a nagyobb forgalmat lebonyolító kereskedelmi láncok milyen CSR-tevékenységet végeznek, ez beépült-e hosszabb távú üzleti stratégiájukba, és mennyiben járul/járulhat hozzá versenyképességük fokozásához. Elemzi több kereskedelmi láncnál, hogy miképpen sikerült összeegyeztetni társadalmi felelősségvállalásukat a profitérdekeltségükkel, továbbá megteremthető-e a felelős működésük és a költséghatékony gazdálkodásuk összhangja. Többek között rámutat arra, hogy a gazdasági és külső szociális felelősségvállalásuk, továbbá a versenyképességük közötti pozitív korreláció megkérdőjelezhetetlen, ami win-win szituációt alakít ki. ______ Commercial companies can embark on and apply different strategies to tackle social, economic and environmental challenges and to comply with the standards and expectations of the community. In the study the author analyses the relationship between corporate social responsibility activities and competitiveness, and whether or not the responsible attitude of these companies improves their competitive position. She outlines the CSR activities of high turnover commercial chains in Hungary, examining their incorporation into the company’s longer term business strategy, and how these activities may contribute to their enhanced competitiveness. She will analyse several commercial chains from the point of view of their success in harmonizing their CSR with their profit making, and whether they can create the harmony of an environmentally friendly attitude and cost-effective operations. Among other findings, the author concludes that there is an unquestionable correlation between corporate economic and outside social responsibility and profitability, which creates a definite win-win situation.

Internet’s User Perception of Corporate Social Responsibility in Hotel Services

Sustainability ◽

10.3390/su11102916 ◽

2019 ◽

Vol 11 (10) ◽

pp. 2916 ◽

Cited By ~ 5

Author(s):

Alejandro García-Pozo ◽

José Mondéjar-Jiménez ◽

José Luis Sánchez-Ollero

Keyword(s):

Social Responsibility ◽

Social Economic ◽

Three Dimensions ◽

User Perception ◽

Corporate Websites ◽

Internet Users ◽

The Social ◽

Corporate Social ◽

Social Components

The objective of this study was to use the perceptions of internet users to analyse the effect of the social, economic and environmental dimensions of corporate social responsibility (CSR) implemented by hotel establishments in order to determine whether those dimensions are perceived by consumers. Our analysis was based on a sample, distributed by age, sex and province segments, obtained from the Andalusian population between 16 and 74 years of age who are users of travel websites (e.g., TripAdvisor, Booking) and hotels corporate websites. A questionnaire was used to investigate each latent factor related to the three main dimensions of CSR that may affect the perceptions of accommodation service consumers. The questionnaire was statistically validated and developed in previous economic studies in this field. The data were analysed using Partial Last Square (PLS) methodology. The results confirm the validity of the three dimensions analysed, although consumers appear to play more relevance upon economic and environmental factors than upon the social components of CSR.