Strategic CSR

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Moral (Altruistic) Csr Is The Strategic Csr: A Bibliometric Analysis Study

Moral (Altruistic) Csr Is The Strategic Csr: A Bibliometric Analysis Study

that how much CSR activities can help reduce such damages or reputation of the organizations. This article analyzes how a company's social activities following an item review encourage the recuperation of its reduced social authenticity. The authors and their research have tested the forecasts utilizing an example of 197 item included 168 traded on an open market companies from 1999 to 2009 and show that the speed of the CSR reaction, the recurrence of CSR exercises, and the force of CSR exercises significantly affect firm recuperation following emergency. The impacts were most articulated in examples where the size of the review was generally serious. The perceivability of the review limitedly affects post-occasion recuperation. This paper discusses about the research contribution related to strategic CSR and recovery [3]. (2018, Emerald Publishing Limited.) This paper intends to analyze how future top chiefs in India build up their Corporate Social Responsibility (CSR) direction. In light of socialization hypothesis, this paper researches how individual determinants impact CSR direction by concentrating on the two fundamental drivers of CSR in India – the strategic and philanthropic imperatives. A review of 204 understudies at present joined up with a post-graduation program at an Indian Institute of Management was directed by means of an online poll. By applying a calculated relapse investigation, determinants of CSR direction are uncovered. The consequences of the examination demonstrate the impact of various variables of essential and optional socialization on a person's CSR direction. The examination finds that ladies and more youthful people have a propensity toward a vital CSR direction. Then again, religiousness and enthusiastic security anticipate a humanitarian CSR direction
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Firms Strategic CSR Choices during the Institutional Transition in Emerging Economies

Firms Strategic CSR Choices during the Institutional Transition in Emerging Economies

development, incumbent firms are likely to receive strong regulative pressures from central government. Nonetheless, due to their origins in emerging economies, they could resist against new legal and ethical norms such as structural reform, improvement of facilities and advancing employee welfare in a short period of time. Instead they could utilize the established network to muddle though the situation. Therefore, the level of understanding of CSR concepts as well as its potential of the competitive advantage works as an indicator to predict incumbent firms‟ strategic CSR choice. For entrepreneurial start-up, they continue to focus on developing their competitive resources in the late phase. CSR strategies will likely to increase proactively for export-oriented firms and active for local-oriented firms. One variation arises for newly established start-ups in the late phase. Different from established start-ups in the early phase, new start-ups in the late phases will proactively engage in CSR activities due to strong institutional pressures. Lastly, foreign firms gain more confidence in structured market environment as well as they build more experiences in understanding the local culture and history in the late phase. Therefore, they proactively conduct their CSR strategies according to their business mission as well as host government‟s requirement. We acknowledge several limitations of this study. First, we adopted a general understanding of Scott‟s (1995) institution categories of regulative, normative, and cognitive. However, implicit CSR context is largely based on history and culture (Matten and Moon, 2008). Therefore, implicit CSR practices may only be captured by each country‟s culture and history whereas it is very challenging since the boundary of emerging economies is very large from the Far East Asia to Africa.
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Research on Ethical Problems of Chinese Food Firms and Implications for Ethical Education Based on Strategic CSR

Research on Ethical Problems of Chinese Food Firms and Implications for Ethical Education Based on Strategic CSR

firms. The subsequently reported milk firms with a high profile cover nearly all the Chinese domestic and even foreign brand food firms such as Mengniu, Yili, Guangming, Nestle, KFC, McDonalds, and so forth. What is strange is that these firms are promoting themselves with the marketing strategy of actively participating in CSR initiatives, caring about the food safety and contributing to the society, such as their slogans of donating a cup of milk for the poor child a day, and advocating the management philosophy of "drink a cup of milk a day and strengthen the health of Chinese people". But in fact, they are not doing good deed when driven by the big money behind. They are maximizing their profits on the excuse of taking fiduciary responsibilities to their owners on the basis of sacrificing the interests of their customers. Simply speaking, these firms actually consider strategic CSR initiatives as tools of promoting their products and brands or even cheating their customers.
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Strategic CSR Dimensions and Value Creation in Socially Responsible Mexican Firms

Strategic CSR Dimensions and Value Creation in Socially Responsible Mexican Firms

Husted and Allen (2007) following the resource based view of the firm, applied the Burke and Logsdon (1996) model concerning the strategic CSR as source of value for companies in the context of large Spanish enterprises with a final sample of 110 units. The authors operationalized the creation of value in addition to three of the five strategic CSR dimensions proposed by Burke and Logsdon (1996): visibility, appropriability (specificity) and voluntarism. Their results suggested that visibility helped to generate a positive impact for different stakeholders, while specificity aided to the alignment of CSR activities with business strategy. Moreover, authors explained that the negative impact of voluntarism on firm value, could be attributed in part because Spanish companies are not used to acting responsibly without law or other pressures being exerted.
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Strategic CSR and Value Creation within Small and Medium U.S. Enterprises

Strategic CSR and Value Creation within Small and Medium U.S. Enterprises

Such a model for competitive advantage based on the impact of a firm's strategic CSR efforts offers opportunities and fosters the firm's ability to create a corporate social agenda [r]

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Strategic CSR shifts towards adaptive food governance under environmental change: A comparison between South African and Brazilian retailers

Strategic CSR shifts towards adaptive food governance under environmental change: A comparison between South African and Brazilian retailers

The ability to undergo the changes required to maintain food system resilience under future impacts will include an ability a) to adjust to a change, b) to buffer potential damages limiting its ability provide food security, and c) to take advantage of opportunities offered by this change (IPCC 2007). Adaptive capacity is the most dynamic element of vulnerability because it is where interventions can take place through strategic management and the anticipatory creation of new structures, policies and mechanisms to cope with projected changes. Recent work by Bohle et al., (2009) on the informal rules governing the urban food sector in Dhaka, Bangladesh combines the concept of adaptive capacity with ESG and has defined adaptive food governance as the interrelated systems of formal and informal rules and networks that are set up to guide the food system to adaptability and resilience under problems of complexity, uncertainty, fragmentation and violence inherent in a system under “double exposure.” 2 ’This is premised upon a normative context of food
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The Strategic Character of Corporate Social Responsibility (CSR): A Discussion and Evaluation of the Strategic Corporate Responsibility Concept

The Strategic Character of Corporate Social Responsibility (CSR): A Discussion and Evaluation of the Strategic Corporate Responsibility Concept

Strategic CSR is made of intentional acts and encapsulates the way in which companies deal with social and environmental issues, contributing toward company objectives and their levels of performance. Strategic CSR has the purpose of generating business and social value through the development of competitive advantages. It is more than a simple compromise between competing needs of firms and the environment; it is integrative and aims to achieve the expected objectives of a firm (its economic survivability), while contributing to the development of social and environmental ecosystems [85]. Husted and Allen [41] in applying Burke and Logsdon’s [12] model maintained difficulties in demonstrating the returns on CSR investments to business success stem from the fact that the majority of studies do not take into account the strategic nature of CSR. In keeping with [50], Husted and Allen [41] affirm that what “distinguishes cases in which CSR generates a positive financial performance from those which fail in this goal is the ‘designation’ of CSR as strategy” (2001, p. 3). The integration-alignment of the business strategy with the CSR strategy (or ‘social strategy’, as Husted and Allen [41] named it) is apparently the distinguishing factor between positive and negative cases. There are numerous ways by which companies undertake CSR activities but only when they focus on social issues in order to generate competitive advantages and attain long-term social objectives, in order to add value (in its combined form), are they susceptible to be classified as strategic.
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Environmental policy and CSR: How climate change is interpreted in CSR reports of Greek companies

Environmental policy and CSR: How climate change is interpreted in CSR reports of Greek companies

From the above brief analysis of how Greek companies report their Green CSR it is important to acknowledge their effort. For environmental issues that are complex, that require expensive remedies, or that require change across multiple firms — such as global warming — political pressure is likely to remain a critical influence on CSR activities(Lyon and Maxwell, 2008). Further study should be given to the issues of creation of partnerships and the issue of educating young managers either in universities or inside the company on national level. Corporations in Greece could develop effective CSR strategies if they have the help of universities but also if they have educated managers on the field of CSR. A green corporation is one that operates in a consistent and responsible way with the principles of sustainable development.
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CSR Inflections: An Overview of CSR Practices on Financial Performance by Public Listed Companies in Malaysia

CSR Inflections: An Overview of CSR Practices on Financial Performance by Public Listed Companies in Malaysia

To what extent have Malaysian companies been involved in CSR practice? In general, corporate social responsibility disclosure (CSRD) has been used as a proxy to CSR studies. It discloses information of what the companies have contributed and plan for future to the welfare of the society. Usually the information will be stated in a social responsibility report and publishes in company’s websites or annual report of public listed companies (Zainuddin and Nasruddin, 2006; Mohamed Zain and Janggu, 2006). Additionally, their concern whether CSRD is positively or negatively influence the shareholders’ insight has led companies to think not only their financial performance but also their environmental and societal performance. Therefore, to attract investors, companies begin to coordinate their CSR activities and disclose more information concerning CSR activities in annual report and stand-alone sustainability report. This triggers interest among researchers to conduct studies on the relationship between CSRD and company financial performance (CFP) (Mustaruddin, Norhayah and Rusnah, 2011; Nor Hawani, Mustaffa and Norhasnah, 2011; Shveta and Sandhu, 2010; Choi, Kwak and Choe, 2010; Mustaruddin, 2009). However, empirical results on the relationship between CSRD and company’s financial performance have been inconclusive where some studies show positive results, others have negative relationship between the two variables and there are those that produced mixed relationship. The validity of the findings on the direction of the impact of CSR activities on future corporate performance is continuously being questioned (Margolis and Walsh, 2003; Orlitzky et al, 2003) due to various measures over a substantial time span for instance how different measures of socially responsible practices can generate better financial performance.
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Consumer Response: Examining Religiosity, CSR Attitude, CSR Behaviour of SMEs Executives in Odisha

Consumer Response: Examining Religiosity, CSR Attitude, CSR Behaviour of SMEs Executives in Odisha

Soyoung Kim Mary A. Littrell Jennifer L. Paff Ogle, (1999): In this paper, the relationship between CSR attitude of company and shopping intention of consumers is examined. it is defined that the consumer purchases products from socially responsible companies rather that socially responsible is not. Consumer’s psychology, behaviour is studied in the market place to analysis their intention, interest and perceptions for purchasing of products of CSR enabled enterprises. The producers are producing quality products for society to consume and the consumers are also analysing the economical impacts, social impacts and political impacts of that product in their society. They feels that the products are designed and produced to fulfil their needs, which will not harm them any way, then only they accepts those products. The products should fit into their changing lifestyle pattern which influences the consumer’s personal characteristics to take the risk of product purchasing.
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Does CSR pay? – The Impact of CSR on Financial Performance  A Comparison between Germany and the US

Does CSR pay? – The Impact of CSR on Financial Performance A Comparison between Germany and the US

Table 4 displays the correlation analysis of the dependent, independent and control variable. CSR and ROA of the total sample are positively correlated at the 99% level of confidence. When checking for the control variable industry being categorized as TEC (Technology), AUT (Automobile), LIFE (Lifestyle) and FO (Food), a significant negative correlation at 99% shows for AUT and a significant positive correlation at 95% for LIFE. No significant correlation can be found for TEC (positive) and FO (negative). The level of significance indicates whether it can be assumed that the observed effect may or may not occur by chance. The lower the significance score the more reliable the relationship. Consequently, CSR and ROA are related, just like the industry variables AUT and LIFE. Only a very weak or non-existent relationship is found on the industry variables TEC and FO. While in general CSR seems to be positively correlated, showing a better ROA with a higher CSR, when controlling for industries the relationships are diverse. There is some correlation between the independent variables, but since none of the relationships has a higher correlation than 0.90 the independence assumption is not violated. Since only correlation can be controlled for with a correlation analysis but no causation, additionally a regression analysis will be made. In table 5 the results of the regression analysis for the total sample are displayed. All assumptions are checked, controlling for outliers, linearity, constant variance and statistically significant F-value. Main emphasis is put on the unstandardized beta coefficient, the standard error and the adjusted R 2 . Adjusted R 2
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The importance of CSR message content in the globalizing world : effects of CSR initiative proximity, company country of origin, and CSR initiative fit on consumer responses

The importance of CSR message content in the globalizing world : effects of CSR initiative proximity, company country of origin, and CSR initiative fit on consumer responses

The questionnaire consists of a scenario, manipulation checks, and questions to measure the dependent variables, the moderators, and demographics. An overview of the questionnaire is shown in appendix B. The scenarios represent a corporate website. The reason for choosing the context of a corporate website is because the internet is one of the many tools for CSR information disclosure (Wanderley et al., 2008). Corporate websites provide an official perspective regarding CSR within the company (Wanderley et al., 2008). On the corporate website, displayed in the scenarios, information about the responsibility projects of the company ‘FRUIT’ were shown. A fictitious company was used in this survey to prevent that possible previous conceptions of the consumers about a company could influence the outcomes. The information shown in the scenarios includes a global or local CSR initiative that was supported by an international or national company and the fit between the CSR initiative and company was high or low. In this case the company ‘FRUIT’ sells juices, smoothies, and fruit salads, therefore the high fit scenario concerns a CSR initiative in which the company reduces the amount of people with malnutrition by supporting and informing people to ingest the necessary vitamins and minerals. In the low fit scenario the company reduces discrimination by helping groups of people who are discriminated for various reasons. The participants were assigned randomly to one of the eight conditions. The scenarios are displayed in appendix A.
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FOM International CSR Research Conference Implementing Sustainable CSR Management Solutions

FOM International CSR Research Conference Implementing Sustainable CSR Management Solutions

 Ethics Regulation and Risk Management, partnership with Greater Pittsburgh Compliance Roundtable.  Career Insights for Women in Finance, hosted on campus for professionals and stude[r]

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CSR Reporting and the University

CSR Reporting and the University

In addition to comparing public and private institutions, this paper also chose to analyze the sample set of entities based on their size. This factor was selected for testing because it was determined that size could potentially play a significant factor in the overall score of a CSR report. This factor also offered a high level of variability that suited it for statistical analysis. Universities with larger enrollment typically have a greater amount of resources dedicated to serving their shareholders. This paper hypothesized that the greater amount of resources larger universities had at their disposal would result in a higher CSR report score. By isolating the institutions
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How Personal Values Influence Romanian CSR Managers` Involvment in CSR Campaigns

How Personal Values Influence Romanian CSR Managers` Involvment in CSR Campaigns

In most of the analyzed companies, the decisions about the progress of the CSR campaigns are made within a department that creates a link between the Executive Director’s office (CEO - Chief Executive Officer) and the CSR department. When the decision involves extensive financial plans or major strategic changes, campaigns are approved by the CEO or by the Chief Financial Officer (CFO - Corporate Financial Officer), but this is not generalized in all the analyzed companies. In several of them the decision was made within the CSR department. Some companies have formed a special department for making CSR decisions, consisting of Board members (top management), Corporate Communications department members and CSR Department members. "I go to shareholders if it is a large campaign. If it is a small one, we approve it within the CSR department". As Ligeti and Oracvez (2009) reveal CSR is still considered as a separated activity by decision makers, while CSR communication is part of the corporate communication as a whole.
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CSR- An Image Building Tool

CSR- An Image Building Tool

Social Accountability suggests accountability to the people. For long-established industrial entities, such as the Birlas and the Tatas, concepts of trusteeship and nation building have been alive in their operations long before CSR become a popular cause.So also leading Indian companies with strong international shareholdings, such as Hero Honda, HUL , ITC, and Maruti Udyog, where local dynamics fuse with the business standards of the parent or partner. Public sector companies like BHEL (Bharat Heavy Electricals Ltd), HDFC (Housing Development Finance Corporation), NTPC (National Thermal Power Corporation), and ONGC (Oil and Natural Gas Corporation) follow social obligations as an integral part of their business despite the march of privatisation. The modern novel companies like Dr Reddy’s, Infosys, Ranbaxy, and Wipro,are constantly on a positive image building drive.Social Work professionals with their knowledge to serve society and expertise can help address this challenge by considering different options and developing creative approaches to CSR into the company.
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CSR as a factor in the war for talents

CSR as a factor in the war for talents

The results with regard to the differences between the perceptions of the three study groups are in line with what earlier researchers have found, but allow more detailed information to which exact aspects of CSR are perceived differently. Sankaran and Bui (2003), for example, found that students from non-business majors tend to be more ethical than business majors. Hawkins and Cocanougher (1972) found that business majors were more tolerant in evaluating the ethics of business practices. The results of the present study support this, showing that Business Administration students perceive CSR generally as less important in their job choice compared to the other study groups. From to the present study we know, that the environmental CSR aspects especially are perceived very differently. Here the engineering students show very similar perceptions towards CSR but the Chemical Engineering students perceive CSR generally as the most important among the groups. Knowing about the target groups’ specific preferences, so, for example, that engineering students perceive the CSR performance with regard to the environment significantly as more important than business students, can be used to develop group specific recruitment measures. It is a great advantage of the new measurement that it reveals whether and where differences in the job seekers’ preferences exist. These differences among the groups could not be found using the operationalization with the five rigid dimensions of CSR. The new measurement can show the exact components which are rated significantly different by the students and therefore provides companies with valuable information about the job seekers’ preferences. This knowledge can be used for group specific recruitment measures. The new measurement allows companies to communicate exactly those company values to the respondents that are especially important to them.
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CSR INITIATIVES FOR INCLUSIVE DEVELOPMENT

CSR INITIATIVES FOR INCLUSIVE DEVELOPMENT

In conventional business theory and practices, the fundamental objective of the firms were predominantly limited to increasing profit and attaining competitive edge in the volatile global market(Friedman, 1970). The social implications and societal obligations of business operations were largely ignored by the corporates in pursuit of market leadership and penetration. Nevertheless, the last few decades witnessed a radical transformation in the attitude of business corporates towards society in general and their stakeholders in particular. World over, corporate entities began to realise that giving back to the community would result in enhancing brand equity(Margolis & Walsh, 2003).As a result, the role of corporate sector in social and sustainable issues has become a common concept nowadays.Business organisations today realise the need for including non-economic and non-profit related issues in their central strategy and recognise the significance of ‘social responsibility’ as their core value(Smith, 2003). The term, ‘Corporate Social Responsibility’ (here after CSR) broadly represents these trends in the business landscape(Vogel, 2005). Globalization, technological revolution and increase in competition played vital role in the emergence of CSR. Across the globe, business entities had already accepted social responsibility as their guiding principle and invest huge amount of their profit in giving back to society(Margolis & Walsh, 2003).Though the realm of development policy was considered as the primary responsibility of government and public sector, with the proliferation of CSR activities, there has been increasing involvement and engagement of corporate entities in economic and social development of the people. Big corporates including Bill and Melinda Gates Foundation, Cocoa Cola, Shell, IKEA
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Corporate Governance and CSR:  Their Interrelationship

Corporate Governance and CSR: Their Interrelationship

Model # 1: CG as a Pillar of CSR: This depiction of CG as a pillar of CSR requires an effective CG system to be in place as a foundation for solid and integrated CSR activities. This is clearly illustrated in the postulation of Hancock (2005) who focuses that investor and senior management attention should be focused on these four core pillars, strategic governance, human capital, stakeholder capital, and the environment, which together help account for about 80 per cent of a company’s true value and future value- creating capacity. In other words, consistent with are source-based perspective, the model argues that value creation, even in relation to CSR, is contingent on leveraging human, stakeholder, and environmental capital through good strategic governance. CG is thus considered according to this model as one of CSR’s basic building blocks.
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Composition of CSR Activities In India

Composition of CSR Activities In India

The estimated prescribed CSR budget for the year 2018-19 and for two preceding years has not been given. There is a mention that the company has expended more in the years preceding the year 2015-16. The Ambuja Cement Foundation carries out the Corporate Social Responsibility obligations of Ambuja Cements Ltd. It works with the rural communities surrounding Ambuja‟s manufacturing sites. The Foundation is engaged in people-centric, integrated rural development projects. Since its formation, the Foundation has come up with diversified programs to include as many members of its stakeholder group as possible. While working with the participation of the people, ACF has held its mission statement central to all its operations. Presently the Foundation has made its presence felt in twelve states across the country and is engaged in programs like Natural Resource Management, Agro based and skill based livelihoods and improvement of health status, educational support and economic enhancement. The contributions made by Ambuja Cement Foundation are as follows, Rural development projects- 5.51 Crores
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