Corporate social responsibility in south africas mining industry. Bowen, who wrote social responsibility of businessmen in 1953. The role of corporate social responsibility in corporate governance in the context of employment. The turn of events has pressurised firms to put serious efforts into a wide range of corporate social responsibility csr activities. Corporate social responsibility csr is used to describe businesses integration of social and environmental issues into decisions, goals, and operations. Toms shoes overview toms shoes is a forprofit social enterprise attempting to change the cycle of poverty through their unique charitable efforts1.
This study examines the extent of and motivations behind corporate social reporting csr by large corporations in general and subsidiaries of multinational corporations in particular in bangladesh. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. Through effective csr practices, organizations will. Corporate social responsibility has been a dynamic topic in business in recent years, and several definitions of csr have developed as a result. Corporate social responsibility in india an effort to. Pdf corporate social responsibility in european context. Yun, chong submitted in fulfillment of requirement for the degree of doctor of philosophy in law phd in law school of law college of social science university of glasgow august 2014. Latest analyses by secchi 2007 and lee 2008 reported that the definition of csr has been.
Bachelor thesis in business administration, university of gothenburg, school of business, economics and law, management control, autumn semester 20 authors. This thesis aims to study the development of and negotiation of various rbis among various governance actors as manifested in csr practices. The development of a set of global corporate social responsibility csr institutions in the form of norms, laws, and organizations is the focus of adefolake adeyeyes contribution to the symposium and her article serves as the jumping off point for this essay. Many corporations have implemented corporate social responsibility hereinafter. Corporate social responsibility, community development, competencies of csr managers, multinational corporations, corporate society relations. An investigation of the role of corporate social responsibility features in attracting and retaining employees nicholas l. Csr has become a critical aspect in strategic decision making of a firm primarily due to financial scandals and a drop in investors confidence. The effects of corporate social responsibility on financial performance by marly mentor a thesis submitted in partial fulfillment of the requirements for the honors in the major program in finance in the college of business administration and in the burnett honors college at the university of central florida orlando, florida spring term, 2016. Lonneke roza employee engagement in corporate social. This thesis focuses on investigating why companies engage in csr, how they apply csr and how csr can affect.
But the combination of both factors often goes unnoticed. Practice, theory, and challenges article pdf available in vikalpa 372. Corporate social responsibility and firm compliance. Corporate social responsibility csr represents a recent manifestation of the shifting of role of business in society rbis.
Corporate social responsibility in japanese firms in. Why, in bangladesh, do corporations in general and subsidiaries of mncs in particular produce or not produce social and environmental data in their. Corporate social responsibility csr reporting has become common practice for large organisations globally, yet there is variance in the csr related activities claimed in disclosures. Amoako, declare that the phd thesis entitled using corporate social responsibility csr to build brands. If social responsibility improves financial performance then. Bremner the university of western ontario supervisor john p. The paper provides an account of the efforts that are being made to mainstream. Stakeholder determination and reporting a thesis submitted in fulfillment of the requirements for the degree of doctor of philosophy mr kevin russell adams master of economics university of new england bachelor of business in accountancy rmit school of accounting college of business rmit university march 2011. It investigates the different factors that motivate companies to report their corporate social responsibility hereafter csr activities from managerial perspectives, as well as the challenges that companies face when reporting their csr activities. This study explores the plausible explanations for corporate social responsibility reporting hereafter csrr practices in saudi arabian firms.
These include customers, employees, communities, ownersinvestors, government, suppliers and competitors. This is a bachelors thesis written at chalmers university of technology about corporate social responsibility in swedish and south african companies. Meyer the university of western ontario graduate program in psychology a thesis submitted in partial fulfillment of the requirements for the degree in doctor of. In so doing, it reveals the heterogeneity of csr practices over time as a contrast to the rigid and simplistic delineation of. The economist intelligence units editorial team executed the surveys, conducted the interviews and wrote the report. The skills and competences that i have learned during the last five months are very important to write the bachelor thesis and will eventually be useful for writing the master thesis. Transcribed data were saved in a wordprocessed file using filenames that maintained. Consequently, companies started to think of how they could improve their image, even their way of doing business and started to engage in corporate social responsibility csr.
A case study of vodafone ghana ltd contains no material that has been submitted previously, in whole or in part, for the award of any other. In the context of corporate companies such as hilton, the concept is usually applied acrosstheboard and does not always reflect cultural differences. The united nations industrial development organization unido defines csr as the following. Corporate social responsibility has evolved as a business strategy, but the business worth of voluntary social conduct has not been well understood. Defining corporate social responsibility scholarlycommons. It then looks at some theories to explain how and why business might undertake csr stakeholder theory, social contracts theory and legitimacy theory. Consumer attitude towards corporate social responsibility. Corporate social responsibility csr is not a new issue however it has recently started to get more attention.
Reykjavik university school of business master in international business corporate social responsibility as an indicator for employer attractiveness a crosscultural study nils michel schweers 15. Using corporate social responsibility csr to build. I, kamal tilakasiri, declare that the phd thesis entitled corporate social responsibility and company performance. These differences may have an impact on the perception of csr, their activities and thus the acceptance of the concept. Although there are several studies which focus on the status of corporate social responsibility and sustainability in the middle east or arab world, csr in the united arab emirates has not been examined broadly yet. The economist intelligence unit bears sole responsibility for this report. The impact of corporate responsibility in marketing is an interesting topic for dissertation on corporate social responsibility. The influence of corporate social responsibility on business. Corporate social responsibility is a broad concept that encapsulates the notion that companies have obligations that extend beyond shareholders. Four case studies on corporate social responsibility sustainicum.
The problem discussion will also be presented as well as the research question and research purpose. As thousands of ceos worldwide make substantial investments in their workforces, their communities, and the environment, it is important that we understand the perceptions that executives have of the relationship between their. A thesis submitted to the university of manchester for the degree of. Corporate social responsibility and company performance. A comparative study of the united kingdom and china by ms. Corporate social responsibility a case study about how to improve a companys csr work. In this chapter, the background for the thesis will be introduced, which includes the concept of fast fashion, corporate social responsibility csr and several researchers views on consumer attitude. Although the concept of corporate social responsibility csr has been advocated for decades and is.
This concern for the social responsibility of business has even accelerated since the fall of the berlin wall and the onset of globalization. Corporate social responsibility in india an effort to bridge the welfare gap jayati sarkar and subrata sarkar indira gandhi institute of development research igidr general arun kumar vaidya marg goregaon e, mumbai 400065, india emailcorresponding author. Csr researchers argue that cultural and historical backgrounds are the influential drivers of csr behaviour. Corporate social responsibility is the overall relationship of the corporation with all of its stakeholders. Social responsible companies have increased substantially the most recent years and many companies engage in what is today called corporate social responsibility csr. Evidence from sri lanka is no more than 100,000 words in length including quotes and exclusive of tables, figures, appendices, bibliography, references and footnotes. This study attempted to prove that strategically investing in corporate social responsibility csr profits while satisfying the will maximize. Mostly research has been conducted within the larger companies in many different aspects such as benefits with csr, its financial impact and the implementation. Csr, or corporate social responsibility, which tries to satisfy both sides.
Corporate social responsibility and financial performance. Until a few years ago, it was thought that corporate responsibility affected only the companys reputation or goodwill among the people but today it has been identified that it in fact influences the existence of. A thesis submitted in partial fulfilment for the requirements of the degree of. To achieve this objective, csr practices of the 50 largest emirati. It analyses the extent of csr education, the different ways in which it is defined and the levels at which it is taught. Effect of corporate social responsibility on financial. Environmental responsibility as a part of csr is often connected with sustainability and protection the environment. This first chapter is an introduction to the subject of this thesis and sets the scene for a presentation of the research question in chapter 2. The purpose of this thesis is to understand why companies decide to engage in csr and if csr policies have impacts on firms financial performance. In the context of some criticism about social responsibility education in business schools, the paper reports findings from a survey of csr education teaching and research in europe.
Corporate social responsibility csr has become a worldwide issue as organizations are under increasing pressure to behave in socially responsible ways. It is motivated by the recognition that a socially responsible approach can. The article concludes by describing ways of assessing corporate. Mining and corporate social responsibility in zambia. An investigation of corporate social responsibility. Originalityvalue this paper increases the understanding of the relationship between corporate governance and corporate social responsibility. Corporate social responsibility and sustainability in the. Corporate social responsibility in the hospitality industry. Corporate social responsibility page 1 foreword in the context of my premaster strategic management i have been working on this bachelor thesis. An approach to environmental perspective zeittey karmilla kaman1 1phd candidate, faculty of engineering technology, universiti malaysia pahang, pahang, malaysia abstractalthough the concept of corporate social responsibility csr has been advocated for decades and is commonly. Corporate social responsibility in south africas mining. Context of mining and corporate social responsibility in zambia through a postdevelopment lens and feminist approaches zambia vision 2030 vision statement reads in part zambians, by 2030, aspire to live in a strong and dynamic middleincome industrial nation that provides opportunities for improving the wellbeing of all, embodying values of socio.
This thesis is an examination of the financial consequences of corporations engaging in socially responsible activities. Global concerns have been given an additional edge by the awful events of 11 september. Corporate social responsibility effects on competitive. The contradictory research findings mean that social performance is not maximized, which constrains economic growth and sustainable development.