Corporate social responsibility (CSR) has become a mainstream business practice, attracting broad attention from business, consumers, academics, and policymakers, leading firms to account for the social and environmental footprints of their activities. ... including rights for text and data mining and training of artificial …
Corporate social responsibility has been an important theme in management at least since the 1960s. International business became a recognized subfield in management around the same time. Logically, there might have been much dialogue about corporate social responsibility in international business research and publication, …
The Corporate Social Responsibility (CSR) programmes of mining companies tend to focus on community initiatives as their impact in economic, social and environmental terms is felt greatest at the local level. However, the effectiveness of CSR initiatives in the oil, gas and mining sectors has been increasingly questioned.
As public attention increasingly focuses on how societies and its agents (ie., organizations and individuals) affect the planet's social and environmental health, more private organizations are proactively implementing strategies--via corporate social responsibility (CSR) programs--to help change the quality of contemporary life. This …
What leads firms in South Africa (SA) to prefer specific CSR initiatives over others? The researchers analyzed secondary data from publicly available information of 231 listed firms on the Johannesburg Stock Exchange. To determine national/institutional level preferences, ten CSR activities were identified among all firms and ranked in terms of …
Collapse 6 Corporate Social Responsibility in the Mining Industries of Namibia, South Africa, and Zambia: Choices and Consequences I . Introduction I. ... This chapter explores benefit-sharing by examining 'corporate social responsibility' (CSR) in the extractive industries of three members of the Southern African Development Community ...
This paper aims to explore the motivations and challenges of engaging host communities in CSR practices within the context of Newmont Ahafo Mines (NAM), a subsidiary of a Multinational Mining Enterprise (MNE) operating in Ghana's mining sector. This paper draws insights from stakeholder theory and interviews conducted with …
This is also known as "the iron law of responsibility" (Davis 1967, quoted by Garriga and Melé 2004: 56) and the implicit social contract between business and society. Integrative theories focus on social demands and how businesses integrate them. Finally, within ethical theories, CSR is seen as an obligation.
Citizens obtain social satisfaction from corporate social giving, but corporate giving may not be a perfect substitute for personal giving. The paper presents a theory of corporate social responsibility (CSR) and shows that CSR is costly when it is an imperfect substitute. When investors anticipate the CSR, shareholders do not bear its cost.
Abstract. This paper examines corporate social responsibility (CSR) and the role government can play in promoting CSR. Corporations are an integral part of the large economy of any given society or country whereby these corporations operate. The government's role is critical in promoting CSR activities or agendas because CSR is …
2.1 Introduction. CSR is increasingly an essential issue for companies. 1 It is a complex and multi-dimensional organisational phenomenon that is understood as the scope for which, and the ways in which, an organisation is consciously responsible for its actions and non-actions and their impact on its stakeholders.
How Corporate Social Responsibility Works . Corporate social responsibility is a way of doing business that aims to increase a company's social impact while meeting business objectives such as growth and revenue goals. It can also refer to any effort to improve a company's eco-friendliness or carbon footprint.
advocacy while respecting the traditional foundations of PR, ie mutual understanding, strategic. communication, relationship management, and reputation. The role of PR is persuasive. communication ...
p ten were the most profitable companies in the world in 2009 in the mi. t of the financial crisis. The companies selected for the study are Wal-Mart Stores and AXA Group. Their stated commitment to corporate social responsibilities made them good candidates for this study.We opted for case study in order to d.
Internationally and in South Africa, mining companies are increasingly referring to corporate social responsibility (CSR) and partnerships in terms of the business case, or the expectation that ...
The key thing to remember is that CSR is a subset of sustainability, focused on the ethical responsibilities of the business to stakeholders, while sustainability itself is a broader and more long-term concept, focusing on an ethical responsibility to do what's right for the world and its future. So, while CSR initiatives can be an important ...
Abstract Corporate Social Responsibility (CSR) in Malawi is becoming a signif-icant issue not only because of the complexity of the social, economic and political environment in which companies operate, but also because of the social and environmental impacts which business operations have on the wider Malawian society.
Corporate Social Responsibility (CSR) is more than a buzzword; it's a foundation of ethical business practices that have guided companies for years. Today, CSR serves as a stepping stone to the ...
3. Discourages Certain Investors and Financiers: Another disadvantage of corporate social responsibility is that it can also discourage investors and financiers. Some of them might not share the same views and values. Others might think that specific CSR programs and initiatives are useless and wasteful endeavors that do not bring actual …
This year saw how the ISO 26000 [a corporate social responsibility, CSR guidance standard] had been tested for 5 years since its inception in 2010, yet the MDGs framework has ended.
The paper is devoted to building up a comprehensive model of the relationship between corporate social responsibility (CSR) and sustainability practices based on the analysis of their main predictors to ease the process of managing CSR and sustainability activities and provide practical recommendations for businesses regarding …
Corporate social responsibility (CSR) is positively blooming in today's economic and social environment. Companies that take steps to commit to more sustainable or otherwise ethical policies quickly create quite a buzz in the press.. The famous and globally popular toy company Lego saved over 7,000 tons of cardboard, …
– The purpose of this study is to investigate how business enterprises in Uganda manage their corporate social responsibility (CSR) activities and projects., – The investigations focused on a limited number of management facets. Using a cross‐sectional survey design, the researchers collected data through both qualitative and quantitative ...
Abstract. Corporate Social Responsibility (CSR) is a fuzzy concept, but is critical in many contexts and situations. In Kenya, CSR is viewed by organizations as a necessary but voluntary commitment. More succinctly, a long-term commitment to sustainable outcomes motivates organizations to consider social, economic, legal and …
As Bacharach pointed out, "A theory is a statement of relations among concepts within a set of boundary assumptions and constraints." 20 A comparative analysis of the three conceptual models …
It has never been more urgent for corporate entities to ensure that they are accountable for public health issues arising from their business operations. Corporate social responsibility is constantly being redefined from what it used to be in terms of corporate responsibility to people and the planet. This redefinition is mainly due to …
CSR is about encouraging ethical behavior on corporate and individual levels. Corporations have 4 types of responsibilities: economic, legal, ethical, and philanthropic. Corporate social responsibility can be hugely beneficial, namely because it reduces risk factors, improves brand reputation, lowers operating costs, and promotes …
Adopting global standards of CSR is a key. signifier of responsible behaviour in the mining industry. These standards, and a series of. policy and other pronouncements, offer CSR as an important ...
Apple's Corporate Social Responsibility Issues. Despite Apple's investment in CSR, the company continues to face a number of labor and human rights allegations regarding its Chinese subcontractors. According to recent reports, Apple has been accused of being too slow in cutting ties with Chinese supplies known for violating …
CSR in Uganda concentrates on priority issues such as povertyreduction. The Uganda's Ministry of Finance Planning and Economic Development report of 2014 mentioned that the national poverty rate fell from 24.5% in 2010 to 19.7% in 2013, with rural poverty as of 2014 at about 23.8% and urban poverty at 9.3%.
This research proposes an internal organizational framework that explains why firms implement corporate social responsibility (CSR). Based on the perspective of managers in the mining sector of the Democratic Republic of Congo (DRC), wellbeing of employees and cost reduction were identified as internal driving factors of CSR.
This study asserts that the relationship between corporate social responsibility (CSR) and a firm's financial performance needs to be examined with reference to the 'fit' between CSR and corporate …
This article reviews the different definitions of corporate social responsibility (CSR) and corporate sustainability (CS) used over time to reveal points of difference and congruence between the tw...
