Corporate Social Responsibility to Improve Environmental and Social (Sustainability) Performance: A Review and Research Direction

Author(s):  
Nurhayati Sembiring
2021 ◽  
Vol 39 (10) ◽  
Author(s):  
Sanil S Hishan ◽  
Suresh Ramakrishnan ◽  
Lai Kwee Yee ◽  
Khartic Rao Manokaran

Although the social and environmental effects of global business are not fresh, there have been increased concerns in recent years as a result of urgent global issues such as climate change and deprivation. In terms of their regional reach and operations, multinational corporations are perceived as having a particular role, since they address a variety of concerns, stakeholders and societal structures, in both home and host countries. They are regarded continuously as having the capacity to be not only part of the issue but also potentially part of the remedy and have been illustrated in their research interests in corporate social responsibility (CSR) and global business' sustainable development implications. However, there was no formal research and inclusion in the literature. This paper discusses how these topics have been explored in IB work and describe specific knowledge differences and solutions. It often introduces recent experiments that yield insightful findings that lead to exciting areas for more study.


2021 ◽  
Vol 56 (2) ◽  
pp. 176-197
Author(s):  
Zaibunnisa Siddiqi ◽  
Manzoor Ali Mirani ◽  
Shahzad Nasim ◽  
Musarrat Shamshir ◽  
Sidra Nisar

An increasing number of organizations are focusing not only on creating value but also on ethical, social, and environmental perspectives. Traditionally, organizations mostly encompassed corporate social responsibility as their activities only in an economically favorable situation. However, corporate social responsibility can be incorporated in organizations with human resource management as a strategic process to recover and sustain the organization's development. Therefore, the study aims to analyze the relation between corporate social responsibility and human resource management and the role of human resource practices with corporate social responsibility in organizational development. From this standpoint, this study provides a systematic review of the concepts of corporate social responsibility, the relation between corporate social responsibility and human resource management, and their effect on the organization's success. Fifty-six articles published during 2004–2020 are selected for review from a descriptive and content perspective to propose a future research direction on a selected topic. The findings of the reviewed literature indicated that a triple bottom line (economic, social, and environmental) attainment is essentially a high-level management-driven operation in the absence of employee participation. Besides, this paper described the importance of corporate social responsibility, the linkage between human resource and corporate social responsibility in the organization, and promoting corporate social responsibility to the organizations and various stakeholders. Finally, this study asserted the connection between these two concepts and inquired management to treat the link as a strategic business decision to control the organization's human capital.


Author(s):  
Alex Antwi-Adjei ◽  
Yusheng Kong ◽  
Oyinka Kwame ◽  
Nana Ama Antwi-Adjei

The study was to summarize corporate governance and sustainability performance empirically. The increased importance of corporate social responsibility has also been associated with an increased demand for better information on companies’ sustainability performance. However, sustainability performance and reporting are (still) voluntary, though CG pressures may urge companies to become more responsible for their sustainability performance. This was achieved by reviewing other studies undertaken by other scholars across the world over the period. Again, the review was based on the GRI (Global Reporting Index) and sustainable goals for agenda 2030. The implication of the study was not just to extend literature but also to provide a new beginning and an idea for the recent development in corporate governance and sustainability performance. The outcome was also meant to add to the continuous standard-setting agenda, primarily as the summary was based on the GRI framework and the sustainable goals agenda.


2018 ◽  
Vol 10 (10) ◽  
pp. 3382 ◽  
Author(s):  
Jau-Yang Liu

Although the importance of corporate social responsibility has received more attention over the years, the goal of social sustainability has still not been achieved. The main reason is that companies seeking to implement social sustainability, have failed to incorporate the concept of corporate social responsibility into their corporate internal control objectives. Furthermore, studying the interactive relationship between corporate social responsibility and internal control and ensuring the consistency of corporate strategy and internal control objectives are done to help promote the sustainable development of enterprises. In order to promote social sustainability and improve management decision-making gaps, therefore, the purpose of this paper is to develop a new hybrid multi-attribute decision model to assess the impact of corporate social responsibility for the implementation of internal control that includes corporate social responsibility. The empirical results show that a social responsibility-oriented internal control system may be a better strategy than maintaining the original internal control objectives. In addition, by adjusting the internal control system to jointly promote the sustainable development goals of the company and ensure the consistency of corporate strategy and internal control objectives, the company can be truly guided to implement the social responsibility management objectives. Finally, the social sustainable development goals can be truly realized, and the interests of all stakeholders in the enterprise can be truly satisfied.


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