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

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).

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Corporate social responsibility disclosure on the websites of coffee chains in Turkey

International Journal of Organizational Analysis ◽

10.1108/ijoa-12-2019-1964 ◽

2021 ◽

Vol ahead-of-print (ahead-of-print) ◽

Author(s):

Petek Tosun

Keyword(s):

Corporate Social Responsibility ◽

Content Analysis ◽

Social Responsibility ◽

Public Attention ◽

Content Type ◽

The Public ◽

The Social ◽

Csr Disclosure ◽

Social And Environmental Responsibilities ◽

Corporate Social

Purpose Coffee is among the primary products that attract the public attention to the social and environmental responsibilities of companies. Coffee shops have a big carbon footprint because of their daily operations. With the rising consciousness about sustainability in developing countries, online disclosure of corporate social responsibility (CSR) is becoming increasingly important for not only multinational but also local coffee chains. The purpose of this study is to analyze the extent to which coffee chains include CSR on their websites. Design/methodology/approach Turkey, which is a large emerging economy with an expanding coffee chain market, is selected as the research context. The CSR disclosure on the websites of coffee chains is examined by content analysis according to CSR dimensions. A sample of 27 coffee chains with more than ten stores is included in the analysis. Findings Foreign coffee chains disclose more information on the environment and fair trade than local coffee chains. On the other hand, CSR content in websites of foreign and local coffee chains does not differ significantly in human resources and community dimensions. Foreign coffee chains have comparatively longer brand history, more rooted brands and larger networks than local coffee chains. Originality/value To the best of the author’s knowledge, this study is the first that used a content analysis about CSR on the websites of coffee chains in Turkey. Findings contribute to the understanding of CSR disclosure in the coffee chain industry and can be beneficial for researchers and managers in other emerging markets.

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Corporate social responsibility, social and financial performance: The case study of the loan appraisal process of the Rwanda Development Bank

Corporate Ownership and Control ◽

10.22495/cocv15i3art4 ◽

2018 ◽

Vol 15 (3) ◽

pp. 47-56

Author(s):

Gianfranco A. Vento ◽

Helen Chiappini ◽

Giuseppe Lia

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Stability ◽

Development Bank ◽

Social Mission ◽

Appraisal Process ◽

The Social ◽

Development Banks ◽

Corporate Social

Development banks play an active role in smoothing growth of world’s disadvantaged areas. The social mission of development banks requires that they pay attention to corporate social responsibility (CSR) and to the social outcome of financing activities. However, like any other financial institution, they must consider the business sustainability and the financial stability over time. Thus, a comprehensive loan appraisal process should include financial and social aspects. Literature does not properly investigate development banks loan appraisal process, thus the aim of this paper is to contribute to this stream of literature, analysing how development banks can include the evaluation of social and environmental variables within their loan appraisal process. For the purpose of the research, we employed a case study of the Rwanda Development Bank (BRD). The BRD loan appraisal process combines the evaluation of typical aspects of corporate social responsibility – like the firms or projects compliance to health and safety regulations or the implementation of the code of ethics including diversity policies – with the evaluation of social and environmental impact, as well with financial aspects. The BRD social impact assessment is also valuable because it follows the criteria of proportionality of loans evaluation, balancing completeness of information with the cost of the assessment.

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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):

Corporate Social Responsibility ◽

Social Responsibility ◽

Social Power ◽

Point Of View ◽

Modern Theory ◽

Democratic Deficit ◽

The Public ◽

The Social ◽

Corporate 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.

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Determinants of Corporate Social Responsibility of a Social Enterprise: An Empirical Analysis

Review of Pacific Basin Financial Markets and Policies ◽

10.1142/s0219091516500181 ◽

2016 ◽

Vol 19 (03) ◽

pp. 1650018 ◽

Cited By ~ 1

Author(s):

Soon-Beng Chew ◽

Wei Quan Jeffrey Huang ◽

Hui Ching Chia ◽

Huang Chi Soh

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Collective Bargaining ◽

Labor Movement ◽

Social Enterprise ◽

Field Survey ◽

The Public ◽

The Social ◽

The Government ◽

Corporate Social

This paper makes an attempt to estimate the corporate social responsibility (CSR) of a social enterprise in Singapore. Following the literature, we measure CSR based on a set of standard questions to gauge how the public values CSR according to these standard questions. The social enterprise being studied is NTUC Fairprice. NTUC is Singapore's labor movement which is a macro-focused union that works well with the government to achieve growth with equity ([Yao, S and SB Chew (2014). A mathematical model of a macro-focused labour union. Singapore Economic Review, 59(4), 1–13] for the theory of the macro-focused union). In this study, we also measure the CSR of Giant, another supermarket which is a commercial firm. A comparative analysis of the estimate of the CSR of these two firms is then made. The main finding is that, based on a field survey, Singaporeans value the CSR of NTUC Fairprice more highly than that of Giant. Our regression analysis reveals that the CSR valuation of NTUC Fairprice is basically determined by how people perceive NTUC Fairprice in terms of their sentiments. On the other hand, the only variable that is statistically significant in explaining changes in the CSR valuation of Giant is Malay respondents. The study also finds that, based on the second field survey, almost 85% of respondents chose to become members of NTUC because of non-collective bargaining benefits and only 10% joined the union because of sentiment. The main conclusion is that it pays for an organization to be known as a social enterprise. As NTUC Fairprice is a social enterprise of the labor movement in Singapore, union members are always supportive of the social effort of its cooperatives, of which NTUC Fairprice is one. An important incentive for workers to become union members is the provision of non-collective bargaining benefits provided by the labor movement.

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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):

Corporate Social Responsibility ◽

Social Responsibility ◽

Social Economic ◽

Voluntary Activity ◽

Advantages And Disadvantages ◽

The Social ◽

The World ◽

Definition Of ◽

Corporate Social

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.

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The Influence of Corporate Social Responsibility Programs To The Image of Corporations

AFEBI Management and Business Review ◽

10.47312/ambr.v1i1.9 ◽

2016 ◽

Vol 1 (1) ◽

pp. 1

Author(s):

Mohammad Hamim Sultoni

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Significant Influence ◽

Limited Liability ◽

Social Image ◽

Government Regulations ◽

The Social ◽

Corporate Social ◽

Dominant Influence

The social responsibility nowadays is the company’s response to the environmental and social aspects. It is based on the determination of government regulations in Article 74 of Act Number 40 Year 2007 on Limited Liability Companies. The implementation of Corporate Social Responsibility (the so called CSR) program presently is not only as a social responsibility but also as a core of marketing strategy in growing or maintaining the image of the company. Even the results of research conducted by Roper Search Worldwide explained that as much as about 66% of respondents are ready to change brands to the companies that have a positive social image in the form of CSR program. Therefore, this research has an objective to determine the influence of CSR program against the image of the company.This research uses a quantitative approach which has result in a clear and definite conclusion. The findings concluded that the variables of Corporate Social Responsibility (X3) are significantly takes effect and has the most dominant influence with the result t tcount of 4.701 with the significance t of 0.000. Meanwhile, CSR Goals with tcount of 2.552 with significance t of 0.013 have significant influence. While CSR Issue has no significant influence with tcount of -0.411 with significance t of 0.682.

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The Influence of Corporate Social Responsibility Programs To The Image of Corporations

AFEBI Management and Business Review ◽

10.47312/ambr.v1i01.9 ◽

2017 ◽

Vol 1 (01) ◽

pp. 1

Author(s):

Mohammad Hamim Sultoni

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Significant Influence ◽

Limited Liability ◽

Social Image ◽

Government Regulations ◽

The Social ◽

Corporate Social ◽

Dominant Influence

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Social responsibility: The changing role of business in South Africa

South African Journal of Business Management ◽

10.4102/sajbm.v10i3.1271 ◽

1979 ◽

Vol 10 (3) ◽

pp. 93-100 ◽

Cited By ~ 1

Author(s):

C. F. Wagenaar

Keyword(s):

South Africa ◽

Corporate Social Responsibility ◽

Social Responsibility ◽

South African ◽

Business Community ◽

Business Managers ◽

The Public ◽

The Social ◽

Corporate Social ◽

Changing Role

Business in South Africa is becoming increasingly involved in the solution of the social problems of the country, and business managers face growing demands concerning the corporate social responsibility of the private sector. The author investigated the nature and scope of corporate social responsibility in South Africa, considering both the viewpoint of business managers, and the expectations of the public. Both questionnaires and interviews were used in the investigation. The attitudes of managers and the expectations of society are set out in detail, and are then compared, showing that society is significantly more in favour of corporate social responsibility than the business community. There is, however, also a growing social awareness among South African business leaders.Sake-ondernemings in Suid-Afrika word toenemend betrek by die oplossing van die sosiale probleme van die land, en bestuurders is blootgestel aan toenemende eise wat betref die sosiale verantwoordelikheid van die private onderneming. Die skrywer het die aard en trefwydte van die sosiale verantwoordelikheid van Suid-Afrikaanse ondernemings ondersoek, met inagneming van sowel die standpunt van sakebestuurders as die verwagtings van die publiek. Vraelyste en personlike onderhoude is in die ondersoek gebruik. Die houdings van bestuurders en die verwagtings van die gemeenskap word volledig uiteengesit, en word dan vergelyk. Dit blyk dat die gemeenskap betekenisvol meer ten gunste is van sosiaal-verantwoordelike optrede deur ondernemings, as die sakelui. Daar is egter ook 'n groeiende bewustheid van sosiale verantwoordelikheid onder Suid-Afrikaanse sakeleiers.

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

Business Law and Ethics ◽

10.4018/978-1-4666-8195-8.ch057 ◽

2015 ◽

pp. 1140-1154

Author(s):

Ruth Wolf

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Natural Environment ◽

Social Economic ◽

Point Of View ◽

Cultural Norms ◽

The West ◽

Social Perspectives ◽

The Social ◽

Corporate 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.

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Fostering Sustainable Development: A Corporate Social Responsibility Approach

Journal of Management and Sustainability ◽

10.5539/jms.v9n2p62 ◽

2019 ◽

Vol 9 (2) ◽

pp. 62

Author(s):

Oluyomi A. Osobajo ◽

Olushola E. Ajide ◽

Afolabi Otitoju

Keyword(s):

Sustainable Development ◽

Corporate Social Responsibility ◽

Social Responsibility ◽

Competitive Advantage ◽

Sustainable Management ◽

Corporate Strategy ◽

Critical Role ◽

The Public ◽

The Social ◽

Corporate Social

Corporate social responsibility (CSR) is the sacrificing of profits in the social interest of the public for sustainable management in an economical, ecological and social manner. It is the use of assets responsibly to create a competitive advantage and promote sustainable development. It is a series of interventions by companies to ameliorate externalized impact or the avoidance of conflicts. This article argues that CSR could be used as a tool for the attainment of sustainable development in the global south. Our aim is that companies should understand the critical role that CSR could play and adopt a corporate strategy that would use CSR to advance and enhance the value of the organization, thereby positively to impact the society.

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