Corporate Social Responsibility and Its Application to Social and Business Systems

This chapter provides an overview of contemporary aspects of change management and social responsibility and social and business systems. The topic of sustainability describes the foundation of the subject, as well as theory, concepts, and principles. The author provides various case examples and perspectives on the triple bottom line, scale-free networks, social and business systems, and delivers to readers a blueprint for developing a change management strategy for fostering a socially responsible environment.

Corporate Social Responsibility: A Review of Literature and an Empirical Study

Revista Gestão Inovação e Tecnologias ◽

10.47059/revistageintec.v11i4.2413 ◽

2021 ◽

Vol 11 (4) ◽

pp. 3876-3891

Author(s):

Bharat Chavan Patil ◽

Dr. Safia Farooqui

Keyword(s):

Social Responsibility ◽

Annual Reports ◽

Review Of Literature ◽

Indian Government ◽

Socially Responsible ◽

Bottom Line ◽

Advantageous Position ◽

Worship Education ◽

Corporate social responsibility (CSR) is a buzzword worldwide. Today many organizations are facing challenge of integration of CSR in business. Stakeholders expect some more from businesses organization than merely pursuing growth and profitability. In the year 1946, the Fortune released a story that said the owners of businesses were answerable to the outcomes of their deeds beyond a much wider scope than their bottom-line figures. This is the time when the term CSR was given so much focus. More than Ninety percent of the owners who read this, agreed to it. Bowen (1953) and Carroll (1999) have also highlighted in their research that the question is, as owners of businesses what kind of rational accountability do they have to presuppose towards the society at large? It was also defined by Bowen that, owners are expected to practice those strategies, resolutions and deeds that put them in an advantageous position and align their goals to all those important purposes which society holds. Social Responsibility has also gained popularity in academics as well as practical propositions since it has been found that more than ninety percent of the top 500 fortune companies portrayed CSR as a very important goal and vigorously endorse their socially responsible programmes in their annual reports. As per the Legislative bill passed by the Indian Government, all topnotch organizations are obliged to contribute at least 2 percent of their proceeds to Social responsible activities. The concept of Corporate Social Responsibility (CSR) is old in India since many years. It arose from the 'Vedic period' when history was not recorded in India. In those days Kings had a limitation towards society and merchants displayed their own small business responsibility by building places of worship, education, inns and wells.

CORPORATE SOCIAL ACTIVITIES IN GERMANY: THE EXPERIENCE OF COMPANIES

Baltic Journal of Economic Studies ◽

10.30525/2256-0742/2019-5-3-17-24 ◽

2019 ◽

Vol 5 (3) ◽

pp. 17 ◽

Cited By ~ 1

Author(s):

Tetiana Galetska ◽

Natalia Topishko ◽

Ivan Topishko

Keyword(s):

Social Responsibility ◽

Living Conditions ◽

Social Reporting ◽

Socially Responsible ◽

The Subject ◽

Responsible Behaviour ◽

Definition Of ◽

Corporate Social ◽

The Eu

The purpose of the article is to study the European experience of the formation and regulation of socially responsible behaviour of economic entities; distinguishing the dominant drivers of corporate social responsibility in Germany and strategic priorities for its implementation. Its contents are interpreted in the expanded and narrow sense. Expanded approach insists that CSR is a set of interrelated types of responsibility (legal, economic, professional, moral, political, etc.) that reflect the system of values of society. Narrow interpretation foresees the definition of the degree (measure) of adoption by the subject of socially significant goals of society, the fulfilment of mutual rights and responsibilities, observance of social norms. The research subject – the peculiarities of the functioning of the European model of socially responsible entrepreneurship, the practice of its implementation in Germany. The methodology of the research is based on the definition of general principles of constructing the system of corporate social responsibility, disclosure the essence of the categorical apparatus, considering its main theoretical concepts. In the process of research, a set of methods of scientific cognition were used: analysis, synthesis, generalization (for the disclosure of the conceptual-categorical apparatus of the subject of the research); statistical method, grouping, empirical approach (while analysing the practice of distributing social responsibility among the subjects of social partnership in the EU for ensuring social protection of the population, and differences between the EU countries on the level of such responsibility of the subjects of the social process, depending on the model of socio-economic development). Conclusion. Under the influence of the challenges of globalization and the 4th Industrial Revolution, aggravation of competition, the conditions of the economy are changing. The need for business models on the basis of the strategy of sustainable development, socially responsible behaviour of business structures on the basis of systemic and long-term is growing. This situation actualizes the problem of creating mechanisms for maintaining social compromise in society. System of ensuring responsibility of the subjects of society for the formation of normal living conditions of society is one of the institutional mechanisms of social control and creating conditions for balancing personal, collective and social interests. Institutional support for the functioning of the mechanism for supporting social compromise regarding the formation of normal living conditions is based on the levers of state regulation (subsidies, preferential taxation, economic incentives, and compliance with the standards of activity); institute of entrepreneurship (international and national standards for doing business); institute of the public (the system of social reporting of enterprises, work with territorial communities). Compliance with product quality standards, with obligations to stakeholders, social reporting and progress reporting (including its environmental parameters), transparent business promotes the implementation of socio-stabilizing functions of entrepreneurial activity both on national and on a world scale. Experience of European (in particular, German) companies proves the need to adherence to the principles of social responsibility in entrepreneurship and the possibility of their use as a competitive advantage.

Conceptual and Theoretical Approaches to Corporate Social Responsibility, Entrepreneurial Orientation, and Financial Performance - Advances in Business Strategy and Competitive Advantage ◽

Corporate Social Responsibility

10.4018/978-1-7998-2128-1.ch002 ◽

2020 ◽

pp. 20-48

Author(s):

Dolores Gallardo Vazquez ◽

Luis Enrique Valdez Juárez ◽

Juan de la Cruz Sánchez Domínguez

Keyword(s):

Sustainable Development ◽

Social Responsibility ◽

Competitive Advantages ◽

Socially Responsible ◽

Global Functioning ◽

Bottom Line ◽

Organizational Fields ◽

Corporate Social ◽

A Current

Corporate social responsibility (CSR) is a current important strategy in organizations today. Numerous factors that affect the global functioning of organizations have determined the need to incorporate a look towards sustainable development. This implies considering the integration of not only economic, but also social and environmental concerns in the day-to-day of the companies. We move, therefore, under the perspective of the Triple Bottom Line. In addition, the exercise of CSR will motivate the achievement of competitive advantages for organizations. Given this, this article seeks to analyze the numerous benefits derived from the implementation of socially responsible actions in companies. These are structured from different organizational approaches: personal sphere, organizational field, personal and organizational fields and financial area. Together with them, the implementation of the CSR may entail the need to incur certain costs, which are also referred to in the study. Finally, we propose some future lines of research

Integrated reporting and corporate social responsibility in the context of social economy (Mutual associations in the health and welfare sector)

CIRIEC-España revista de economía pública social y cooperativa ◽

10.7203/ciriec-e.85.6862 ◽

2018 ◽

pp. 109

Author(s):

Maria Brízida Tomé ◽

Deolinda Aparício Meira ◽

Ana Maria Bandeira

Keyword(s):

Social Responsibility ◽

Social Economy ◽

General Interest ◽

Integrated Reporting ◽

Socially Responsible ◽

Bottom Line ◽

The Social ◽

Responsible Behaviour ◽

This study aims to evaluate whether integrated reporting can be considered the appropriate tool for disclosure of the socially responsible behaviour of social economy entities (SEEs), as they currently face an increased demand for transparency from a number of stakeholders. The initial analysis of the concept and principles of corporate social responsibility (CSR), through a triple bottom line concept, and of the social economy and the legal regime governing mutual associations is followed by an empirical study of Portuguese mutual associations in the health and welfare sector. A proposal is also made for an integrated reporting system which is suitable for showing the organization’s socially responsible behaviour and pursuit of the general interest and is concluded to have overcomethe difficulties of disclosing their economic, social, and environmental aspects. Furthermore, it is proposed that SEEs should obligatorily adopt integrated reporting in order to transmit dynamic, up-to-date information of relevance to stakeholders.

Corporate Social Responsibility

Oxford Research Encyclopedia of Business and Management ◽

10.1093/acrefore/9780190224851.013.12 ◽

2020 ◽

Author(s):

Abagail McWilliams

Keyword(s):

Social Responsibility ◽

Research Literature ◽

Social Enterprises ◽

Market Failures ◽

Corporate Environmental Responsibility ◽

Socially Responsible ◽

Bottom Line ◽

Social Good ◽

Corporate social responsibility (CSR) is a legitimate responsibility to society, based on the principle that corporations should share some of the benefit that accrues from the control of vast resources. CSR goes beyond the legal, ethical, and financial obligations that create profits. In the research literature, corporate social responsibility is defined in a variety of ways, depending on the aspect of CSR being examined. An inclusive definition is that social responsibility requires the firm to take into account the interests of all stakeholders, where stakeholders are defined as everyone who affects or is affected by the firm’s decisions and actions. A firm-focused definition holds that social responsibility includes actions that further a social goal, beyond what is required by ethics, law, and profitability. A political economy–oriented definition posits that firms have a responsibility to correct market failures such as negative externalities and government failures such as limits to jurisdiction that result in worker rights violations. When implemented, altruistic CSR implies that firms provide a social good unrelated to the firms’ business that does not benefit the bottom line. Strategic CSR implies that firms are simultaneously profitable and socially responsible. To achieve this, CSR must be a core value of the firm and must be integrated into processes and products. When employed strategically, CSR can be an element of a differentiation strategy, leading to premium prices, enhanced brand and firm reputation, and supportive community relations. Corporate environmental responsibility often takes the form of overcompliance with regulation, improving the environment more than is required. A primary benefit of this is to stave off further regulation. To capture the benefits of being socially responsible, the firm must make stakeholders aware of its record. This has led to triple bottom line reporting—that is, reporting about firm performance in terms of profits, people, and the planet. Social enterprises go a step further and make social responsibility the primary goal of the organization.

Corporate Social Responsibility and Proenvironmental Behaviour in Employees: Evidence in Acapulco, Mexico

Sustainability ◽

10.3390/su13094597 ◽

2021 ◽

Vol 13 (9) ◽

pp. 4597

Author(s):

Rayma Ireri Maldonado Maldonado Astudillo ◽

Yan Pallac Maldonado Astudillo ◽

Juan Alfonso Méndez Zavala ◽

Claudia Leticia Manzano Jiménez ◽

María Xochitl Astudillo Miller

Keyword(s):

Social Responsibility ◽

Structural Equation ◽

Socially Responsible ◽

The Past ◽

Equation Modelling ◽

The Subject ◽

Degree Of Association ◽

Corporate Social ◽

The Relationship

Corporate social responsibility (CSR) has been the subject of extensive research, especially during the past two decades; however, few academic studies investigated the relationship between CSR and employee behaviour. This study reduces this gap by identifying the degree of association between CSR and the proenvironmental behaviour (PEB) of workers. These concepts were analysed among companies that are recognised as being socially responsible and others that are not; not enough empirical evidence was found to determine if these are positively affecting employee PEB in the Mexican context. The methodology was quantitative through questionnaires addressed to workers from renowned companies in Mexico, and analysed by using structural equation modelling (SEM) in AMOS software. Results showed that the CSR practices of the companies with a badge and the PEB of their workers are poorly related. The average of compliance with global CSR practices for companies that have a badge is less than or equal to that of those that do not. Conclusions indicate that CSR could occur only in declarative terms from the workers’ perception.

Evaluation of Sustainability Practices in Small and Medium-Sized Manufacturing Enterprises in Southern Brazil

Sustainability ◽

10.3390/su10072460 ◽

2018 ◽

Vol 10 (7) ◽

pp. 2460 ◽

Cited By ~ 11

Author(s):

Fabricio Schmidt ◽

Roselaine Zanini ◽

André Korzenowski ◽

Reno Schmidt Junior ◽

Karl Xavier do Nascimento

Keyword(s):

Social Responsibility ◽

Socially Responsible ◽

Supplier Relationships ◽

Manufacturing Enterprises ◽

Responsible Action ◽

The Subject ◽

Sustainability Practices ◽

New Research ◽

The purpose of this article is to analyze the performance of small and medium-sized enterprises (SMEs) manufacturing, aiming to identify the main practices of sustainability, including the values and transparency, internal audience, environment, supplier relationships, customer and/or consumer relationships, and community relationships. In order to develop this research, a questionnaire was applied on the subject in question, through which the companies were classified as to their reality in relation to corporate social responsibility. Based on the analysis, it was observed that five of these companies obtained a score that indicates that the companies have already assimilated the associated concepts and are clear of the necessary commitments for a socially responsible action. However, given the results obtained, it is possible to conclude that there is a need to strengthen the actions to be taken with regard to corporate social responsibility, since no company has positioned itself in excellence. In addition, some suggestions for new research were identified and discussed in the analysis of the results.

Corporate Social Responsibility, Corporate Social Performance & Sustainable Stakeholder Accounting

International Business & Economics Research Journal (IBER) ◽

10.19030/iber.v1i3.3903 ◽

2011 ◽

Vol 1 (3) ◽

Author(s):

W. Richard Sherman

Keyword(s):

Social Responsibility ◽

Corporate Social Performance ◽

Social Performance ◽

Socially Responsible ◽

Bottom Line ◽

Reporting Practices ◽

Current Accounting ◽

Economic Decisions ◽

A Value ◽

Disclosures of a corporations socially responsible (CSR) activities and measurement of its per-formance in those activities are uneven, inconsistent, and incomparable. Given the absence of re-porting standards, this is not surprising. This paper explores ways to "account for" CSR and presents an example of sustainable stakeholder accounting that can be used to integrate corpo-rate social performance (CSP) into the financial statements which provide information for so many economic decisions. It suggests how the development of indices of social responsibility may facilitate analysis of a company's performance by quantifying and objectifying what is clearly a value-laden area. However, this will only be possible if current accounting standards are modified. Indeed, one of the primary objectives of this paper is to advocate changes in current accounting reporting practices so that a various aspects of CSR/CSP are made more transparent and can be more objectively assessed by the stakeholders who are impacted. To accomplish this, the form and substance of these disclosures must have bottom line meaning and these disclosures should be mandated by accounting and securities regulations, not left to the discretion of individual companies.

Does Corporate Social Responsibility Matter in Buying Behaviour?—A Study of Indian Consumers

Global Business Review ◽

10.1177/0972150917692206 ◽

2017 ◽

Vol 18 (3) ◽

pp. 781-794 ◽

Cited By ~ 3

Author(s):

Ruhee Singh ◽

Sweta Srivastava Malla

Keyword(s):

Social Responsibility ◽

Corporate Strategy ◽

Negative Effects ◽

Socially Responsible ◽

Bottom Line ◽

Marketing Environment ◽

Indian Consumers ◽

Buying Behaviour ◽

Triple bottom line is making businesses increasingly conscious about the people, planet and profit. On one side where earning profits are crucial for organizations, the concept of sustainable corporate social responsibility (CSR) is also emerging as a major concern for the corporate strategy. How to strike a balance between the two is one of the major challenges ahead for organizations. Moreover, Indian consumers are also nowadays becoming more aware about the responsibilities that a firm should possess. They are not ignorant as they were earlier; media is more vigilant and companies have now started knowing about the escalating negative effects of neglecting society, dynamism, building brand reputation by incorporating CSR and increased competition in the marketing environment for being socially responsible. Therefore, this article is an endeavour to measure the extent to which Indian consumers are aware about CSR and whether CSR has any impact on Indian consumers’ actual buying behaviour. Data were collected from 232 respondents via a questionnaire. The results showed a significant positive effect of independent variables called intensity, intended loyalty and influence of socially responsible firms on dependent variables which is consumers’ actual buying behaviour. Regression analysis was carried out to arrive at the result. In addition to this, the study also found that Indian consumers are aware about the CSR activities of the organizations. The result also indicated that CSR is one of the determining factors while purchasing any product or services.

La legislación tributaria venezolana como promotora de la responsabilidad social empresarial

Oikos ◽

10.29344/07184670.33.1041 ◽

2014 ◽

Vol 16 (33) ◽

pp. 53

Author(s):

Ana Cecilia Chumaceiro Hernández ◽

Judith Josefina Hernández de Velazco

Keyword(s):

Social Responsibility ◽

Tax Law ◽

Socially Responsible ◽

Palabras Clave ◽

Interpretative Approach ◽

aVenezuelan Tax Law as a Promoter of Corporate Social Responsibility RESUMEN El presente artículo tiene por objetivo disertar sobre los dispositivos contenidos en la legislación tributaria venezolana que actúan como promotores de la responsabilidad social empresarial (RSE), para ello se utilizó el paradigma Cualitativo, bajo un enfoque hermenéutico – interpretativo, cuyo método fue análisis de contenido. En tal sentido se han observado los aspectos, elementos y mecanismos que se encuentran en la LISLR, LIVA y LOCTI que fomentan, incentivan o coadyuvan la RSE; finalmente se plantearan lineamientos para la aceptación de una nueva cultura de RSE con dimensión tributaria. Considerando, que dentro de la legislación tributaria no existen dispositivos específicos que promuevan la RSE, y, ello debe ser tomado en cuenta por el legislador para modificar ciertas normas y crear el incentivo necesario para que las empresas sean de forma congruente socialmente responsables. Palabras clave: legislación tributaria, empresa, promoción, responsabilidad social empresarial. ABSTRACT The objective of this study is to explore regulatory provisions from Venezuelan tax law as promoters of corporate social responsibility (CSR). For the methodological analysis of content, the study uses the qualitative paradigm and a hermeneutical-interpretative approach. The research observes different elements and mechanisms from LISLR, LIVA and LOCTI which encourage and contribute to corporate social responsibility. The study also proposes guidelines for the acceptance of a CSR culture from a tax dimension. The fact that there are no regulatory provisions within the Venezuelan tax law needs to be taken into account by legislators in order to amend certain norms and create the necessary incentives for companies to be socially responsible. Keywords: tax law; companies; encouragement; corporate social responsibility. Este trabajo es el resultado de investigaciones que se desarrollan en la línea “Responsabilidad Social, Empresa y Estado” del Centro de Estudios e Investigaciones Socioeconómicas y Políticas (CEISEP-UNERMB).