Empirical Part

The empirical investigation is targeted at describing corporate and financial social responsibilities within market systems with a special attention to global governance provision under the auspice of international organizations. Expert interviews on CSR and SRI aim at understanding social welfare notions of public and private actors. The innovative combination of corporate and government in PPP social service provision will be analyzed with a focus on the network start-up phase. The impact of political divestiture as a means of financial social responsibility, but also measurement impediments will be subject to scrutiny. The exploration of social and psychological SRI motives will complement classic finance theories by behavioral economics insights.

The recommendations target advancing corporate and financial social responsibility as prerequisites of sustainable financial sucess. The findings of public servant expert interviews about CSR outline the importance of global governance of corporate social conduct. Based on stakeholder consensus, governments may craft CSR frameworks that are backed up by institutional support. Corporations should educate leaders to adopt social responsibility policies in business plans. Accountability and transparency advance CSR.


2022 ◽  
pp. 75-93
Author(s):  
Nima Norouzi

The objective of this chapter was to structurally model the high priority factors in the face of the impact of severe acute respiratory syndrome COVID-19 on the energy market. The method was based on interpretive structural modeling, and the matrix of crossed impacts multiplication was applied to classification. A model of 12 factors structured hierarchically in six levels is proposed in which consumption preferences, regulatory and normative modifications, political restrictions, and planning strategies have the greatest influence on the energy market from the perspective of China. As a result of this, it is suggested to move towards greater participation of public and private actors in renewable energy vectors.


2014 ◽  
Vol 12 (1) ◽  
pp. 159-168
Author(s):  
Patricia Lindelwa Makoni

Internationally, the theme of territorial social responsibility, or territorial networks (CSR-oriented partnerships between local public and private partners) aimed to promote a model of sustainable economic growth, is still little noted. The movement of collective responsibility sees institutions and organisations (public and private, for profit and non-profit) participating in a form of economic development that is socially and environmentally sustainable. In these territories where deeply rooted actors are stimulated to cooperate for the responsible development of the productive system, their combined actions become an effective instrument in the sustainable government of the territory. Based on this consideration, the aim of our research is the evaluation of Italian local governmental initiatives to promote corporate social responsibility through public-private networks (specially focusing on the “Marche Region” case- study). Local governance based on the subsidiarity and the shared values of a spatial and socio-economic community can therefore be interpreted as a possible form of “managing publicly” which is focused on creating values and following the public interest, and operates through their motivations and values. This triggers a path of human governance in which participation, co-planning, and dialogue are not merely slogans but the modus operandi in actors’ processes of creating value.


2021 ◽  
Author(s):  
◽  
Isaac Jordan Rodgers

<p>The 2008 financial crisis and recession crippled some of the largest businesses in the world and caused severe recession across the world. However, prior to the focus on economic recovery, social responsibility and sustainability were major themes in the business world and debate centred on the role of business in society. The key question and area for research was how the financial crisis affected this debate. This thesis uses the financial crisis to explore the role and responsibilities of business. This research is located firmly within the literature on business and society, where the key debates centre on the role of business and the scope of business responsibilities. The literature on social responsibility has a notable gap in the fact that it does not address the impact of economic context on social responsibilities. The methodology of this paper uses a set of twenty-one interviews. These interviews consisted of three sets of seven interviews with different participant groups for each set. The participant groups consisted of consumers, policy managers and business managers. These interviews were analysed for themes through the data analysis method of coding. The findings of this paper suggest that the role of business in society should be focused on the generation of profit and that the recession or other economic influences do not change this role. These findings also suggest that although businesses are responsible only for complying with the law, they should also satisfy their customers, engage in activities beneficial to their long term interest and avoid actions which cause harm to others or undermine the long term viability of the business. The findings also imply that neither economic context nor profit, changes these responsibilities. These findings make important theoretical and practical contributions. The theoretical contributions support the literature arguing for a limited scope on the role of business. They also argue in favour of social responsibilities being voluntary. The finding that economic context and profitability have no impact on responsibility is important in its own right, but also suggests that business responsibilities are static. This paper makes another contribution through models which are based on the findings. These models combine social responsibility with corporate strategy to show the concept of a responsible business and the difference between voluntary, compulsory and strategic responsibilities.</p>


2018 ◽  
Vol 14 (2) ◽  
pp. 302-320 ◽  
Author(s):  
Denni I. Arli ◽  
Fandy Tjiptono

Purpose In the past few years, companies have made significant contributions towards Corporate Social Responsibilities (CSR) as a strategy to improve business image. Nonetheless, many of these strategies have been unsuccessful because companies have failed to recognise the importance of consumers’ ethical beliefs and their religiosity in forming their perception towards CSR. Thus, the purpose of this study is to explore the level of importance of consumers’ ethical beliefs and social responsibilities (CnSR) and to examine the impact of consumers’ religiosity and ethical beliefs on CnSR. Design/methodology/approach Data were derived from a sample of undergraduate and postgraduate students at three large universities (i.e. one public and two private universities) in Yogyakarta, Indonesia (N = 416). Indonesia is the largest Muslim population in the world. Findings 7The study found that consumers value social responsibilities differently and that not all dimensions are important. Moreover, consumer ethical beliefs and religiosity significantly influence CnSR. The results of this study will contribute to the debate on consumer ethics and social responsibility research. Research limitations/implications The current study has some limitations which, in turn, provide avenues for future research. The research context (one city in one country) may limit its generalizability. Future studies may focus on more cities and/or cross-country sections (developed versus developing countries) as well as use non-student populations. Practical implications Companies operating in Indonesia need to respect and value religiosity in Indonesia. Collaborating with a faith-based institution may help improve the effectiveness of CSR programmes launched by companies. Originality/value This is one of the first few studies exploring CSR in Indonesia.


2020 ◽  
Author(s):  
Janne Mende

Globalisation and global governance mean that private actors are involved in public regulation and decision-making processes. Companies in particular are experiencing an increase in power that goes far beyond mere economic indicators; that is, they are also gaining political and normative power. This book examines the opportunities and challenges that result from this, which are particularly evident in the field of international human rights. Public human rights are being challenged by the political and normative power of private actors. This does not only change human rights and global governance actors, but also requires a new perspective on both the private and public spheres. This book therefore develops a perspective on the hybrid, societal roles of companies, which form a third domain situated between and simultaneously beyond the public and private spheres.


2021 ◽  
Author(s):  
◽  
Isaac Jordan Rodgers

<p>The 2008 financial crisis and recession crippled some of the largest businesses in the world and caused severe recession across the world. However, prior to the focus on economic recovery, social responsibility and sustainability were major themes in the business world and debate centred on the role of business in society. The key question and area for research was how the financial crisis affected this debate. This thesis uses the financial crisis to explore the role and responsibilities of business. This research is located firmly within the literature on business and society, where the key debates centre on the role of business and the scope of business responsibilities. The literature on social responsibility has a notable gap in the fact that it does not address the impact of economic context on social responsibilities. The methodology of this paper uses a set of twenty-one interviews. These interviews consisted of three sets of seven interviews with different participant groups for each set. The participant groups consisted of consumers, policy managers and business managers. These interviews were analysed for themes through the data analysis method of coding. The findings of this paper suggest that the role of business in society should be focused on the generation of profit and that the recession or other economic influences do not change this role. These findings also suggest that although businesses are responsible only for complying with the law, they should also satisfy their customers, engage in activities beneficial to their long term interest and avoid actions which cause harm to others or undermine the long term viability of the business. The findings also imply that neither economic context nor profit, changes these responsibilities. These findings make important theoretical and practical contributions. The theoretical contributions support the literature arguing for a limited scope on the role of business. They also argue in favour of social responsibilities being voluntary. The finding that economic context and profitability have no impact on responsibility is important in its own right, but also suggests that business responsibilities are static. This paper makes another contribution through models which are based on the findings. These models combine social responsibility with corporate strategy to show the concept of a responsible business and the difference between voluntary, compulsory and strategic responsibilities.</p>


2020 ◽  
Vol 26 (123) ◽  
pp. 53-70
Author(s):  
BENDJIMA Omar ◽  
BENLAKHDAR Mohamed Larbi ◽  
NEFFAH Zakariya

This research paper aims at studying the effect of adopting the corporate social responsibility on marketing performance indicators, where the study adopted the descriptive method for theoretical concepts, in addition to the statistical approach by using the SPSS v25 program to analyze the questionnaire and test the hypotheses of the study. The results showed that there is a positive correlation between social responsibility and marketing performance indicators, and the study found that it is better for NAFTAL Company to mix the environmental and social responsibilities in order to improve its marketing performance. Also, the study recommended that Naftal should adopt the four responsibilities equally, correctly and make its workers more aware of environmental and social responsibility through establishing it as a belief in its mission and vision, in order to gain a global position.


2022 ◽  
Author(s):  
Olga González-Morales ◽  
A. Santana Talavera ◽  
Francisco J. Calero García

This research aims to analyse the factors that affect the level of commitment to Corporate Social Responsibility (CSR) of marine tourism companies and restaurants. This commitment can be conditioned by economic reasons, stakeholder pressure, difficulties in implementing socio-environmentally responsible actions, and adaptation to change, as reflected in the innovative activities of companies, as well as by the degree of collaboration with public and private agents. This study was carried out on the island of Fuerteventura. A Likert scale questionnaire with 39 items was designed to collect the data, which was processed using a combination of factor analysis and multiple regression analysis. The results show that innovation, stakeholder pressure, and economic reasons have positive effects on companies’ commitment to CSR, while poor collaboration with public and private actors and implementation difficulties have negative effects. Given that this sector is highly regulated and depends on different public authorities to carry out its activity, collaboration with the public administration must be improved to reduce barriers for companies and their activities. Moreover, when an island’s economy depends almost exclusively on tourist activity, it is essential to develop responsible tourism. This requires public authorities that organise and promote sustainable uses of the territory, while encouraging dialogue and facilitating mechanisms for private initiatives, as well as socio-environmentally responsible companies.


Sign in / Sign up

Export Citation Format

Share Document