DO WE NEED A PARADIGM SHIFT IN CSR RESEARCH? IN DEFENSE OF AN ECONOMIC APPROACH TO CORPORATE SOCIAL RESPONSIBILITY.

2010 ◽  
Vol 2010 (1) ◽  
pp. 1-6
Author(s):  
PHILIPP SCHRECK ◽  
DOMINIK VAN AAKEN
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Paradigm Shift ◽  
Economic Approach ◽  
Corporate Social

scholarly journals Paradigm shift in the concept of corporate social responsibility: COVID-19

Green Finance ◽  
2021 ◽  
Vol 3 (2) ◽  
pp. 138-152
Author(s):  
Valentinas Navickas ◽  
◽  
Rima Kontautiene ◽  
Jurgita Stravinskiene ◽  
Yuriy Bilan ◽  
...  
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Paradigm Shift ◽  
Corporate Social

A paradigm shift in corporate social responsibility: India’s transition from mandatory regime to the COVID-19 era

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Aparna Bhatia ◽  
Amandeep Dhawan
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Paradigm Shift ◽  
Design Methodology ◽  
Gradual Increase ◽  
Stock Exchange ◽  
Content Type ◽  
Global Pandemic ◽  
Corporate Social ◽  
Practical Implications

Purpose This study aims to examine the pattern of corporate social responsibility expenditure (CSRE) incurred by Indian companies after the inception of Companies Act 2013. It also highlights the resultant change brought in the corporate social responsibility (CSR) spends of the companies because of COVID-19 pandemic. Design/methodology/approach The CSR index provided by the Ministry of Corporate Affairs under Companies (CSR Policy) Rules 2014, is adopted to measure the extent of CSRE made by top 30 Indian companies listed on Bombay Stock Exchange. To study the pattern of CSRE in various domains mentioned in the CSR index, the study is conducted over four points of time. Three alternative years since the commencement of the Companies Act 2013 i.e. 2014–2015, 2016–2017 and 2018–2019 have been taken up. Additionally, the financial year 2019–2020 is included as it marks the inception of the COVID-19 pandemic. Findings The findings show that the CSRE made by companies is increasing every year over all points of time taken in the study. In addition to this, Indian companies have voluntarily contributed a substantial amount towards COVID-19 relief over and above the required mandatory limits. Practical implications The gradual increase in CSR contributions even above the mandated amount and voluntary contribution towards COVID-19 relief by Indian companies implies that the nature of CSR in India is still philanthropic. Originality/value The study contributes to the CSR literature after the implementation of the mandatory CSR provisions in India and in the wake of the global pandemic caused by COVID-19 as so far there is no such study available in the extant literature.

scholarly journals CORPORATE SOCIAL RESPONSIBILITY AND THE MANDATORY INDIAN LEGAL REGIME: UNDERSTANDING WILLINGNESS OF CORPORATIONS

2020 ◽  
pp. 17-23
Author(s):  
Rajdip Bhadra Chaudhuri
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Stakeholder Theory ◽  
Paradigm Shift ◽  
Stock Exchange ◽  
Theoretical Construct ◽  
Legal Regime ◽  
Socially Responsible ◽  
Doing Business ◽  
Corporate Social

The theoretical construct of Corporate Social Responsibility has been developed by authors in the 20th century whereas philanthropic activities have been associated with corporations since its birth. Archie B. Carroll developed 4 dimensions of corporate social responsibility: economic, legal, ethical and philanthropic. This has further garnered the scope of understanding CSR from different perspective. The study aims to harmonize the development of corporate social responsibility focusing on a model based approach depicting a paradigm shift from shareholder to stakeholder theory of doing business. The research also ferrets out the moral and legal dimensions of CSR in India. A study has been made to understand the CSR fund utilization by twenty companies from 2014 to 2018 listed in the Bombay Stock Exchange. This study helps in understanding the willingness of corporations to spend towards CSR activities and subsequently measures have also been suggested for better engagement of corporations to be more socially responsible. KEYWORDS: Corporate social responsibility, Fund, Listed companies, Stakeholder, Willingness

Growing degrowth-oriented tourism? CSR certified tour operators as change agents.

2021 ◽  
pp. 104-123
Author(s):  
Sabine Panzer-Krause
Keyword(s):  
Corporate Social Responsibility ◽  
Structural Change ◽  
Social Responsibility ◽  
Paradigm Shift ◽  
Change Agents ◽  
Tourism Industry ◽  
Capitalist System ◽  
Substantial Role ◽  
Audit Reports ◽  
Corporate Social

Abstract This chapter acknowledges the substantial role tour operators play in the tourism industry as intermediaries bundling different individual tourism offerings together. The study adopts an evolutionary approach through the analyses of tour operators' sustainability and audit reports and investigates whether German tour operators who have gained the corporate social responsibility (CSR) certification 'TourCert' have the potential to act as change agents, upscale the downscaling idea of degrowth and contribute to a reformist pathway of structural change. The findings reveal that CSR certification schemes do not seem to genuinely foster the restructuring of the tourism market within the capitalist system, but can only marginally advocate and diffuse certain elements of degrowth-oriented tourism. At the same time, CSR certification schemes lack the influence necessary for a paradigm shift and for this reason the approach of degrowth-oriented tourism seems unsuitable for mainstream application.

Growing degrowth-oriented tourism? CSR certified tour operators as change agents.

2021 ◽  
pp. 104-123
Author(s):  
Sabine Panzer-Krause
Keyword(s):  
Corporate Social Responsibility ◽  
Structural Change ◽  
Social Responsibility ◽  
Paradigm Shift ◽  
Change Agents ◽  
Tourism Industry ◽  
Capitalist System ◽  
Substantial Role ◽  
Audit Reports ◽  
Corporate Social

Abstract This chapter acknowledges the substantial role tour operators play in the tourism industry as intermediaries bundling different individual tourism offerings together. The study adopts an evolutionary approach through the analyses of tour operators' sustainability and audit reports and investigates whether German tour operators who have gained the corporate social responsibility (CSR) certification 'TourCert' have the potential to act as change agents, upscale the downscaling idea of degrowth and contribute to a reformist pathway of structural change. The findings reveal that CSR certification schemes do not seem to genuinely foster the restructuring of the tourism market within the capitalist system, but can only marginally advocate and diffuse certain elements of degrowth-oriented tourism. At the same time, CSR certification schemes lack the influence necessary for a paradigm shift and for this reason the approach of degrowth-oriented tourism seems unsuitable for mainstream application.

scholarly journals Some Preliminary Considerations for the Legal-Economic Analysis of Corporate Social Responsibility

2021 ◽  
Vol 10 (2) ◽  
pp. 49-66
Author(s):  
Rubén Méndez Reátegui ◽  
Edison Tabra Ochoa
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Business Management ◽  
Shared Vision ◽  
Review Article ◽  
Economic Approach ◽  
Good Corporate Governance ◽  
Empirical Perspective ◽  
Corporate Social ◽  
The Relationship

This review article presents some preliminary considerations and describes the evolution of corporate social responsibility, which is necessary for an informed study of this “tool”. In that sense, the authors resort to a preliminary exploration of the conceptual framework of the legal-economic approach presenting social responsibility and the relationship that subsists with “property rights”, the relevance of “transaction costs”, among other aspects. They also explore the interrelation between social responsibility and its forms of legal exercise and its characterization in areas that involve linking it with workers, unions, and consumers. The aim is to highlight its importance and build a contribution where social responsibility will be studied from an analytical and empirical perspective. Thus, it is sought to conclude that the company considers implementing and complying with good corporate governance standards since they expand the shared vision of business management, effectively allocating resources to obtain the most significant benefits of establishing a corporate social responsibility regime. 

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