scholarly journals Corporate Responsibility: In the Dilemma between Fake and Trust?

2019 ◽  
Vol 30 (2-3) ◽  
pp. 143-147
Author(s):  
Simon Fietze ◽  
Wenzel Matiaske ◽  
Roland Menges
Keyword(s):  
Social Responsibility ◽  
Public Good ◽  
Corporate Responsibility ◽  
Adam Smith ◽  
Invisible Hand ◽  
Social Orientation ◽  
The Public ◽  
Self Interest ◽  
Market Organization ◽  
Corporate Social

The accusation of whitewashing accompanied the discussion about corporate social responsibility (CSR) since its inception the 1950s. That's not surprising. Ever since its beginnings in Scottish moral philosophy, economics did not expect the general good to be enhanced by the individual's social orientation, but rather by its self-interest, a concept less liable to disappointment, and the work of the invisible hand (Hirschman, 1977). The latter aims to promote a common goal that individuals have not intended. Following his famous text, Adam Smith (2007 [1786], p. 350) continues: ‘I have never known much good done by those who affected to trade for the public good.’ The ‘mistrust’ of the ‘goodwill’ of the capitalist lives on in various streams such as Marxism, (neo-)liberalism or sociological system theory, to name but a few schools of thought. Marxists do not expect societal progress any more than (neo-)liberals from benevolent capitalists who, demand more taxable profits, instead of social responsibility, in the framework of the market organization of companies. System theorists find that ethical demands are hardly transferable directly into the economy code of payment/non-payment. Although Adam Smith (2007 [1786], p. 350) shared the view that the claim of public good orientation is ‘indeed, not very common among merchants’, but that ‘very few words need to be employed in dissuading them from it.’

scholarly journals Corporate Social Responsibility

2020 ◽  
Vol 4 (2) ◽  
pp. 110-115
Author(s):  
Ellen Hertz
Keyword(s):  
Social Responsibility ◽  
Chicago School ◽  
Economic Thought ◽  
Corporate Managers ◽  
The Public ◽  
The Social ◽  
Self Interest ◽  
Environmental Considerations ◽  
Corporate Social ◽  
Social Causes

‘The business of business is business,’ Milton Friedman, a leading figure of the Chicago School of economic thought, famously declaimed. In his 1970 article, ‘The Social Responsibility of Business Is to Increase Its Profits’, he argued that corporate managers who factor social and environmental considerations into their decision-making are, in effect, ‘imposing taxes . . . and deciding how the tax proceeds shall be spent’. By deviating from their organizational duties—maximizing profits for the companies that employ them—they are appropriating money owed to shareholders and allocating it to broader social causes, a function that resembles government. Friedman objects to this behavior not on economic or legal but on political grounds: managers have not been elected and there are no principled procedures for determining which causes to support beyond ‘general exhortations from on high’ (Friedman 1970: 17). He also expresses scepticism about ‘hypocritical window-dressing’, concluding: ‘our institutions, and the attitudes of the public make it in their self-interest to cloak their actions in this way’ (Friedman 1970: 17).

scholarly journals Public Organizations in the Context of Corporate Social Responsibility

Equilibrium ◽  
2011 ◽  
Vol 6 (4) ◽  
pp. 53-64
Author(s):  
Krzysztof Krukowski
Keyword(s):  
Corporate Social Responsibility ◽  
Public Sector ◽  
Social Responsibility ◽  
Corporate Responsibility ◽  
Public Organizations ◽  
The Public ◽  
Corporate Social

The debate on corporate responsibility is permeating increasingly to the public sector. The aim of the present work is to discuss possible implications of CSR concepts that could be observed in public organizations. It follows from the research conducted that public organizations are familiarized with the principles of corporate social responsibility and in the majority of cases possess accepted standards of applying them.

Corporate social responsibility as the foundation of the development of tourism enterprises

2021 ◽  
pp. 100-106
Author(s):  
Khrystyna S. Leshko
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Corporate Responsibility ◽  
Corporate Strategy ◽  
Tourism Industry ◽  
Living Environment ◽  
Social Orientation ◽  
International Partnership ◽  
Legal Standards ◽  
Corporate Social

Nowadays the tourism industry contributes to the development of partnership relations between the state and private sector and helps to strengthen the international partnership. It promotes the development of regions and stimulates the cooperation between the tourism industry and public society. Implementation of social orientation of the tourism industry contributes to the use of partnership approach to clients, economic entities, public authorities and local governments, NGOs, and the staff of touristic companies. This way, corporate social responsibility is formed. The implementation of corporate social responsibility stipulates overcoming the legal standards of business. The companies try to establish relations with society and invest in its development, strengthen its reputation, and harmonize the “living environment”. Yet, socially responsible behavior stipulates the allocation of some part of financial resources to solve the tasks that are not directly related to gaining profits. A strive to prosper urges the companies to search for the balance between the need to invest in the social domain and possible economic results in the long run. Understanding the fact that corporate responsibility can be an important tool for competition, the companies actively include its principles in the corporate strategy. The paper examines the features of social responsibility implementation as the foundation for the development of a tourism company. The nature of social responsibility is analyzed and the components of corporate social policy are characterized. The system functions of entrepreneurial activity of touristic companies that impact the forming of corporate social responsibility are determined. Based on the defined function, the major directions of tourism entrepreneurship development are outlined. The scheme of corporate responsibility in the tourism business is constructed. The measures directed at the implementation of external and internal social responsibility of a tourism company are suggested.

scholarly journals Rankings and the Public Good Role of Higher Education

2019 ◽  
pp. 7-9
Author(s):  
Ellen Hazelkorn
Keyword(s):  
Higher Education ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Public Good ◽  
Societal Impact ◽  
The Public ◽  
University Engagement ◽  
Corporate Social

Measuring university engagement or societal impact is becoming a popular way to assess the public good role of universities. Rankings have been early movers in this area, but do they tell us anything meaningful? And while it is important to ask about the role and responsibility of universities, it is about time that we asked about the corporate social responsibility (CSR) of the ranking organizations themselves, given that their real intent is to sell magazines and newspapers and/or consultancy?

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

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.

scholarly journals Strategic stakeholder management by corporate social responsibility: Some conceptual thoughts

2011 ◽  
Vol 1 (2) ◽  
pp. 45-55 ◽  
Author(s):  
Markus Stiglbauer
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Strategic Management ◽  
Economic Crisis ◽  
Corporate Responsibility ◽  
Stakeholder Management ◽  
Current Situation ◽  
Supervisory Boards ◽  
Corporate Strategic Management ◽  
Corporate Social

The sustainability and responsibility of corporate strategic management has become an important issue in recent years, not only against the background of the current financial and economic crisis. Companies are expected not only to succeed economically, but also ecologically and socially. Companies can use the issue of corporate responsibility to capture new markets and opportunities. But new requirements arise. Thus, stakeholders may exert pressure on companies to assume social responsibility, whereas executives shall lead by example. This paper tries to assess possiblities to meet stakeholder expectations towards companies by implementing corporate social responsibility concepts. We identify primary and secondary stakeholders of companies by using salience theory and try to give conceptual answers how the well-known concept of Caroll‟s corporate social responsibility pyramid my help to improve the current situation and to take top management and supervisory boards into account to establish a change of focus on corporate social responsibility not just as a hot topic.

scholarly journals Socially Responsible Organizational Governance in the Public Sector

2020 ◽  
Vol 19 (3) ◽  
pp. 119-132
Author(s):  
Gita Lasytė
Keyword(s):  
Corporate Social Responsibility ◽  
Public Sector ◽  
Social Responsibility ◽  
Socially Responsible ◽  
Public Governance ◽  
Organizational Governance ◽  
The Public ◽  
New Public ◽  
New Public Governance ◽  
Corporate Social

The present paper aims to examine the theoretical assumptions of socially responsible organizational governance in the public sector. In public authorities, corporate social responsibility is a relatively new phenomenon. Therefore, the paper focuses on the interaction between social responsibility and the New Public Governance. The article puts forward the assumption that the principles of governance of public goods and public services provided by the public sector are very close in content to the concept of social responsibility. The goal of the public governance process is efficiency and effectiveness not only in public administration institutions, but also in building a welfare society. In this context, the New public governance is in line with the principles of social responsibility. The similarities between the new public governance and social responsibility can be recognized in an understanding the values, processes and elements the primary standards of which are accountability, openness, efficiency, responsibility, compliance with procedural norms, division of power (involvement of stakeholders). The article also discusses the concept and characteristics of corporate social responsibility and provides criticism on the CSR phenomenon.

scholarly journals Effect of Corporate Social Responsibility on Tax Avoidance in China

2021 ◽  
Vol 8 (9) ◽  
pp. 72-75
Author(s):  
Tong Chen ◽  
◽  
Maisarah Mohamed Saat ◽  
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Tax Avoidance ◽  
Effective Tax Rate ◽  
Socially Responsible ◽  
Tax Rate ◽  
The Public ◽  
Chinese Listed Companies ◽  
Aggressive Tax Avoidance ◽  
Corporate Social

Corporate social responsibility (CSR) has aroused heated discussion in recent years. The public generally believe that the enterprises with good CSR performance will not be involved in aggressive tax avoidance issues. However, as several famous socially responsible technology companies were found to be involved in aggressive tax avoidance, the association between those two variables has been doubted. This paper analyzes the effect of CSR on tax avoidance with the evidence of Chinese listed companies from 2016 to 2020. The finding is that good CSR performance leads to an increase in effective tax rate. In other words, the higher the CSR report score, the higher tax payment and the lower tendency in tax avoidance.

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