Corporate Social Responsibility Csr Of Multinational Companies The Impact Of Csr On Corporate Financial Performance

Author : Catharina Kaiser
Publisher : GRIN Verlag
Page : 18 pages
File Size : 45,5 Mb
Release : 2017-09-29
Category : Business & Economics
ISBN : 9783668538467

Get Book

Corporate Social Responsibility (CSR) of Multinational Companies. The Impact of CSR on Corporate Financial Performance by Catharina Kaiser Pdf

Seminar paper from the year 2014 in the subject Business economics - Business Ethics, Corporate Ethics, grade: 2,0, University of Augsburg, language: English, abstract: This essay is concerned with the empirical question whether Corporate Social Responsibility of Multinational Companies has an impact on its financial performance. Currently, the widely spread debate about the importance of responsible and sustainable behavior of firms leads to different positions in the business world and requires explicit generally excepted answers. The multitude of already existing studies shows that it is almost impossible to find one commonly accepted definition and one perfectly fitting level of CSR. This study works out two widely accepted measures of CSR and its relation to financial performance in the context of a company ́s reputation. The results of these studies show that a positive relation between social and environmental awareness and the accounting-based financial performance of a company do in fact exist. By using data from already analyzed meta-studies, the phenomenon can be explained by the importance of reputation in today ́s business world.

Author : Andrew Crane,Dirk Matten,Laura Spence
Publisher : Routledge
Page : 659 pages
File Size : 54,6 Mb
Release : 2014
Category : Business & Economics
ISBN : 9781000021233

Get Book

Corporate Social Responsibility by Andrew Crane,Dirk Matten,Laura Spence Pdf

As a relatively young subject matter, corporate social responsibility has unsurprisingly developed and evolved in numerous ways since the first edition of this textbook was published. Retaining the features which made the first edition a top selling text in the field, the new edition continues to be the only textbook available which provides a ready-made, enhanced course pack for CSR classes. Authoritative editor introductions provide accessible entry points to the subjects covered - an approach which is particularly suited to advanced undergraduate and postgraduate teaching that emphasises a research-led approach. New case studies are integrated throughout the text to enable students to think and analyze the subject from every angle. The entire textbook reflects the global nature of CSR as a discipline and further pedagogical features include chapter learning outcomes; study questions; ‘challenges for practice’ boxes and additional ‘further reading’ features at the end of each chapter. This highly rated textbook now also benefits from a regularly updated companion website which features a brand new 'CSR Case Club' presenting students and lecturers with further case suggestions with which to enhance learning; lecture slides; updates from the popular Crane and Matten blog, links to further reading and career sites, YouTube clips and suggested answers to study questions. An Ivey CaseMate has also been created for this book at https://www.iveycases.com/CaseMateBookDetail.aspx?id=335.

Author : James Weber,David M. Wasieleski
Publisher : Emerald Group Publishing
Page : 457 pages
File Size : 41,9 Mb
Release : 2018-05-14
Category : Business & Economics
ISBN : 9781787542600

Get Book

Corporate Social Responsibility by James Weber,David M. Wasieleski Pdf

Volume Two of Business and Society 360 focuses on research drawn from work grounded in 'corporate social responsibility' and 'corporate citizenship.'

Author : Evgeny Nosenko
Publisher : Unknown
Page : 20 pages
File Size : 49,6 Mb
Release : 2015-06-03
Category : Electronic
ISBN : 3656966141

Get Book

Interaction Between CSR and Financial Performance. Comparing the Largest Multinational FMCG Corporations in Europe and the USA by Evgeny Nosenko Pdf

Seminar paper from the year 2014 in the subject Business economics - Business Ethics, Corporate Ethics, grade: 9 out of 10 (max. 10), course: 3, language: English, abstract: Several research studies have examined corporate social responsibility (CSR) and its effects on business performance, but their results vary widely. This paper studies the interaction between social, environmental and short-term financial performance. Using a sample of the 16 largest multinational FMCG companies from the US and Europe covering the period 2005-2012 and employing two different test methods, namely ordinary least squares (OLS) and Granger causation. We demonstrate that while all CSR dimensions have significant financial effects, there has been only one causality link found between employment structure and short-term profitability.

Author : Philipp Schreck
Publisher : Springer Science & Business Media
Page : 124 pages
File Size : 43,5 Mb
Release : 2009-01-29
Category : Business & Economics
ISBN : 9783790821185

Get Book

The Business Case for Corporate Social Responsibility by Philipp Schreck Pdf

Profound and conceptual analysis of linkages between CSR and financial performance Overview of recent empirical studies in CSR Econometric analysis of relation between corporate social and firm performance

Author : Moses Pava,Joshua Krausz
Publisher : Praeger
Page : 0 pages
File Size : 52,8 Mb
Release : 1995-08-30
Category : Business & Economics
ISBN : 9780899309217

Get Book

Corporate Responsibility and Financial Performance by Moses Pava,Joshua Krausz Pdf

The core idea of corporate social responsibility, the notion that companies have a responsibility beyond legal requirements, is by now deeply embedded in the corporate cultures of the largest U.S. companies. The authors suggest that productive debate now focuses on the following two issues. First, what are the impacts of existing corporate social responsibility programs for the corporation? And, second, what constitutes the precise contours of this responsibility? This book explores these two themes. The issue of how corporate social responsibility affects individual companies engaged in socially responsible activities is not well understood. Further, the distinction between legitimate and illegitimate corporate social responsibility activities has not always been clearly drawn. This book, therefore, is designed to fill in some of the gaps in our understanding. This is done by carefully organizing and reviewing the relevant and growing literature on corporate social responsibility. In addition, this book reports on the results of two original empirical studies designed to further explore the relationship between corporate social responsibility and traditional financial performance. This book has profound implications for business executives and researchers in finance, accounting, business ethics, and business and society.

Author : Dr. M. Sudarshan reddy
Publisher : Archers & Elevators Publishing House
Page : 128 pages
File Size : 40,6 Mb
Release : 2024-06-29
Category : Antiques & Collectibles
ISBN : 9789388805667

Get Book

Corporate Social Responsibility Practices By The Multinational Corporations by Dr. M. Sudarshan reddy Pdf

Author : Paiva, Inna Sousa,Carvalho, Luísa Cagica
Publisher : IGI Global
Page : 369 pages
File Size : 54,5 Mb
Release : 2020-02-28
Category : Business & Economics
ISBN : 9781799821304

Get Book

Conceptual and Theoretical Approaches to Corporate Social Responsibility, Entrepreneurial Orientation, and Financial Performance by Paiva, Inna Sousa,Carvalho, Luísa Cagica Pdf

Over the last few years, we have witnessed the enormous success of corporate social responsibility and business all over the world. These developments, including those in which governments foster both growth through entrepreneurship and achievement of sustainable development by creating tools for worldwide impact to reconcile business interests with the demands of communities, have been unequivocal concerning job and wealth creation. Replacing short-term visions, however, has become instrumental to business success throughout the industry. Conceptual and Theoretical Approaches to Corporate Social Responsibility, Entrepreneurial Orientation, and Financial Performance is a pivotal reference source that explores corporate social responsibility through the lens of entrepreneurship and firm performance in an effort to change the approach towards long-term growth. While highlighting topics such as risk management, stewardship theory, and CEO duality, this publication explores contributions to societal welfare and methods of business creation. This book is ideally designed for managers, executives, human resources professionals, entrepreneurs, developers, academicians, researchers, industry professionals, and students.

Author : Shaikh, Erum
Publisher : IGI Global
Page : 425 pages
File Size : 45,5 Mb
Release : 2024-01-04
Category : Business & Economics
ISBN : 9798369303658

Get Book

Strategies and Approaches of Corporate Social Responsibility Toward Multinational Enterprises by Shaikh, Erum Pdf

The convergence of corporate social responsibility (CSR), corporate strategy, and public policy has emerged as a critical domain in contemporary business. The fundamental premise of corporate social responsibility is the obligation a company bears to simultaneously address and tend to the multifaceted needs of its clients, workforce, shareholders, communities, and the environment. The key to unlocking the dual potential of generating both positive social impact and corporate value is found in this delicate balance. Examining a wide array of empirical evidence, Strategies and Approaches of Corporate Social Responsibility Toward Multinational Enterprises establishes the tangible linkages between social responsibility initiatives and competitive advantages, offering invaluable insights for organizations aspiring to attract top-tier talent and bolster brand reputation. Delving into the nuances of corporate strategy, it elucidates the distinction between business strategy and corporate strategy, underscoring the significant influence of CEO decisions on stakeholders directly or indirectly associated with the organization. Designed to resonate with diverse audiences, including corporate sectors, private organizations, banks, universities' faculty and students, industrialists, and researchers, this book offers a roadmap for embracing and implementing novel approaches to CSR for multinational enterprises. Employing strategic business models that prioritize sustainability and responsive strategies, it heralds a new era of corporate excellence and organizational growth.

Author : Dongyong Zhang,Stephen Morse,Uma Kambhampati
Publisher : Routledge
Page : 270 pages
File Size : 51,5 Mb
Release : 2017-11-06
Category : Business & Economics
ISBN : 9781317609322

Get Book

Sustainable Development and Corporate Social Responsibility by Dongyong Zhang,Stephen Morse,Uma Kambhampati Pdf

Corporate Social Responsibility (CSR) has become an important concept in the last few decades. Although it originated in the developed countries of the West, the concept has been embraced and adapted by corporations and policy-making agencies in many developing countries. Not surprisingly, given the importance of growth and development as policy objectives in these countries, CSR has had a significant impact on sustainable development. Sustainable Development and Corporate Social Responsibility explores the evolution of CSR across the developed and developing world, with a particular focus on China and sustainable development. Through an extensive review of the literature and relevant case studies, the book examines whether CSR can make a contribution to sustainable development, how the patterns of CSR in developed Western economies compare to that in the rapidly growing economy of China, what trade-offs take place between CSR and economic growth as well as the future of CSR and its possible impact on the global sustainable development agenda. This book is a valuable resource for academics and upper-level undergraduate and postgraduate students in the fields of human/social geography, economics, business studies, sustainable development, development studies and environmental studies.

Author : Samuel O. Idowu,Catalina Sitnikov,Dalia Simion,Claudiu George Bocean
Publisher : Springer
Page : 262 pages
File Size : 46,9 Mb
Release : 2018-01-22
Category : Business & Economics
ISBN : 9783319704494

Get Book

Current Issues in Corporate Social Responsibility by Samuel O. Idowu,Catalina Sitnikov,Dalia Simion,Claudiu George Bocean Pdf

This book takes a fresh look at current issues in corporate social responsibility (CSR) with a special focus on emerging economies. In particular, it includes dedicated chapters on the theory of CSR, related principles and values, and insights from cross-generational investigations. In turn, the second part of the book examines the relation between financial performance and social responsibility in different industries and types of organizations. The third part presents cases involving emerging economies, and addresses reporting, auditing and accounting, as well as sector-specific issues for e.g. retailing and banking. Lastly, the book tackles the aspects of financial performance and taxation in a number of case studies and practical examples. Overall the book provides cutting-edge insights into the theory and practice of CSR from European countries that can be considered emerging or developing.

Author : Katarzyna Bachnik,Magdalena Kaźmierczak,Magdalena Rojek-Nowosielska,Magdalena Stefańska,Justyna Szumniak-Samolej
Publisher : Routledge
Page : 260 pages
File Size : 42,8 Mb
Release : 2022-05-30
Category : Business & Economics
ISBN : 9781000595192

Get Book

Corporate Social Responsibility and Sustainability by Katarzyna Bachnik,Magdalena Kaźmierczak,Magdalena Rojek-Nowosielska,Magdalena Stefańska,Justyna Szumniak-Samolej Pdf

The aim of this book is to present selected theoretical and practical aspects of corporate social responsibility and sustainability, with particular emphasis on the journey (transition) from values to impact. Values play an important role in business world and they shape the responsible approach of organizations. However, pressing and still unresolved challenges of the present day show evidently that there exist significant discrepancies between organizations declarations on values and their real impact. COVID-19 pandemic, Globalization 4.0, climate catastrophe and challenges emphasized by SDGs, constitute the new environment that contemporary organizations face. In effect business is part of the problem and a solution as well. It is necessary to quickly and effectively push for action taking into account the power of responsible business to co-create human live and environment. Both the theoretical considerations and the practice-based studies presented in this monograph make a significant contribution to the theory and practice of management. The book is an extension and enrichment of the existing knowledge in the field of socially responsible management in organizations. Corporate Social Responsibility and Sustainability will be of value to academics, researchers and advanced students in the fields of business and management, especially those interest in the intersection of management and CSR and sustainability, and those focusing the impact that business activities have on the environment.

Author : Walter Leal Filho
Publisher : Springer
Page : 519 pages
File Size : 49,6 Mb
Release : 2019-01-14
Category : Business & Economics
ISBN : 9783030035624

Get Book

Social Responsibility and Sustainability by Walter Leal Filho Pdf

This book comprehensively describes social responsibility and sustainable development, with contributions from scientists and representatives from industry working in the field. The papers are innovative, cross-cutting and many share practice-based experiences, some of which may be replicable elsewhere. Prepared by the Inter-University Sustainable Development Research Programme (IUSDRP) and the World Sustainable Development Research and Transfer Centre (WSD-RTC), it reiterates the current need to promote social responsibility. Social responsibility and sustainable development are two different concepts, whose integration over the years has led to significant advances in the way enterprises see and perceive their operations. It is not only about policies or steps taken to meet legal requirements, but is also about social equality and environmental accountability, also bearing in mind the links with eco-efficiency, innovation, and the health and wellbeing of workers. According to ISO 26000, social responsibility is the responsibility of an organisation for the impacts of its decisions and activities on society and the environment, through transparent and ethical behaviour that: a) contributes to sustainable development, including health and the welfare of society b) takes into account the expectations of stakeholders c) is in compliance with applicable law and consistent with international norms of behaviour d) is integrated throughout the organisation and practised in its relationships. But even though the relations between social responsibility and sustainability are strong, it is still necessary to encourage organisations to adhere to, or at least follow the principles of sustainable development in their operations, giving something back to the community. As such, there is a need for a better understanding of how social responsibility is related to sustainable development, and of the identification of processes, methods and tools that may help the integration of these two important elements. There is also a real need to showcase successful examples of how to structure behaviour and institutional practice in line with the sustainability challenges we face today. Chapter [Reviewing the Stakeholder Value Creation Literature: Towards a Sustainability Approach] is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.

Author : Liangrong Zu
Publisher : Springer Science & Business Media
Page : 320 pages
File Size : 48,9 Mb
Release : 2008-10-01
Category : Business & Economics
ISBN : 9783540708964

Get Book

Corporate Social Responsibility, Corporate Restructuring and Firm's Performance by Liangrong Zu Pdf

In today’s globalized and competitive business environment, companies increasingly look to restructuring, mergers & acquisitions and downsizing to survive, grow and maximize profits. However, when they are not managed in a socially responsible manner, restructurings may exert the negative impact on employees, shareholders, communities, and society as a whole. The book empirically explores the phenomena of corporate social responsibility (CSR), restructuring, and relationships with firms’ performance in China. It gives an insight into how Chinese firms respond to expectations of stakeholders by making social goals a part of their overall business operations. It also gives a fresh view of the new concept of socially responsible restructuring. For those seeking to promote socially responsible practices in restructuring, the book provides a unique and stimulating analysis and touchstone.

Author : Stephen Vertigans,Samuel O. Idowu
Publisher : Springer
Page : 244 pages
File Size : 44,9 Mb
Release : 2016-08-02
Category : Business & Economics
ISBN : 9783319350837

Get Book

Corporate Social Responsibility by Stephen Vertigans,Samuel O. Idowu Pdf

This book highlights the multi-faceted nature of corporate social responsibility and the need for greater engagement across academia to help develop the mechanisms needed to encourage socially responsible approaches across the board. The product of a cross-disciplinary collaboration of authors from various academic disciplines, the book reflects the emergent diversity of academics now studying corporate social responsibility (CSR). Accordingly, it includes contributions from economists to social anthropologists, from accountants to philosophers, and from clinical psychologists to social geographers. Together they provide new insights into aspects that challenge, hinder and enable CSR practitioners and corporations with regard to their financial impact and accountability, governance and supply chains. The book is divided into four parts focusing on the practical, sociological, theoretical and environmental aspects of corporate social responsibility.