scholarly journals Crisis of corporate social responsibility and its status in Russia

2009 ◽  
pp. 181 ◽  
Author(s):  
Vitaly J. Ozira
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Western Europe ◽  
Joint Venture ◽  
Global Financial Crisis ◽  
Current Crisis ◽  
Positive Side ◽  
Official Position ◽  
The Global Financial Crisis ◽  
Corporate Social

This paper picked a topic - the global financial crisis- to highlight several related problems. The current crisis was not caused by failed economic policies. The root cause is failed leadership. People sometimes forget that business ethics at its core is about excellence and high attainment rather than misdeeds and malfeasance.<br />In recent years, however, more attention has been paid to the positive side of ethics. More managers in Russia are waking up to the ways in which positive values contribute to a company's effective day-to-day functioning, as well as its reputation and long-term sustainability.<br />Contrary to Western Europe and Scandinavia, Corporate Social Responsibility is a relatively new concept in Central and Eastern Europe and Russia. Cultural gaps between Westerners and Locals have gradually been narrowing and becoming less divisive. Improved knowledge by foreign investors on how to operate successfully in a post-communist region, on "how to bridge the gap", greatly decreases the risk of the East-West joint venture.<br />The views expressed in the paper are the author's own responsibility and should not be interpreted as presenting the official position paper on Corporate Governance.<br /><br />En este trabajo se enfoca la crisis financiera global con el fin de destacar los problemas más importantes relacionados con ésta. La presente crisis no fue provocada por causas meramente económicas. La causa fundamental radica en el liderazgo. A veces, la gente olvida que la ética de las relaciones juega un papel importante a la hora de llevar a cabo un negocio. Últimamente, no obstante, se presta más atención al aspecto positivo de la ética profesional. Un número creciente de gestores rusos emprenden el camino en el que los valores positivos conducen a un eficaz funcionamiento diario así como su prestigio y sostenibilidad a largo plazo. A diferencia de la concepción de la Europa occidental y escandinava de Responsabilidad Social Corporativa, en la Europa Central, del Este y en Rusia, es un concepto relativamente nuevo. Sin embargo, las divergencias culturales que constituían un obstáculo serio entre los inversores occidentales y locales en los últimos años se han reducido. Los inversores extranjeros van mejorando su conocimiento de como actuar con éxito en una región postcomunista. Los puentes que se han tendido entre el Este y el Oeste han reducido los riesgos de joint ventures.<br />Las opiniones expresadas en el articulo son responsabilidad del autor y no deben interpretarse como la postura oficial rusa sobre la Gobernanza Corporativa.<br />

scholarly journals Global financial crisis and corporate social responsibility disclosure

2016 ◽  
Vol 12 (4) ◽  
pp. 654-671 ◽  
Author(s):  
António Dias ◽  
Lúcia Lima Rodrigues ◽  
Russell Craig
Keyword(s):  
Corporate Social Responsibility ◽  
Financial Crisis ◽  
Social Responsibility ◽  
Global Financial Crisis ◽  
Stakeholder Management ◽  
Community Relations ◽  
Content Type ◽  
Corruption Prevention ◽  
The Global Financial Crisis ◽  
Corporate Social

Purpose This paper investigates the effect of the global financial crisis (GFC) on the level of corporate social responsibility disclosures (CSRD) in the annual report and/or CSR report of 36 major listed Portuguese companies in each of the years 2005, 2008 and 2011. Design/methodology/approach The analysis is framed principally by stakeholder theory. Data were explored using thematic content analysis and an index of disclosure calculated by year, industry type (consumer proximity versus environment sensitivity) and category of information. Findings Before the GFC, Portuguese listed companies increased their CSRD practices significantly. During the crisis, there was a slight decrease in CSRD. However, this was not as pronounced, as it would otherwise have been because it was counteracted by increased disclosures of company interactions with society, particularly in matters of corruption prevention and community engagement. CSRD was higher for companies with high consumer proximity but did not appear to be influenced by companies’ level of environmental sensitivity. Originality/value The results reveal a strong concern by companies for stakeholder management (particularly in respect of community relations) in a period of financial crisis. This study highlights the effect of a company’s proximity to consumers on levels of CSRD.

CORPORATE SOCIAL RESPONSIBILITY UNDER CRISIS

2020 ◽  
Author(s):  
E. N. Tumilevich
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Current Crisis ◽  
Crisis Situation ◽  
Effective System ◽  
Business Structures ◽  
Corporate Social

The article analyzes the required changes in the implemented areas of corporate social responsibility in a crisis situation. The analysis of the translated behavior of business structures during the crisis is carried out. The author formulates directions for restructuring approaches to the implementation of corporate social responsibility in the current crisis. Conclusions are drawn on the importance of creating an effective system of corporate social responsibility in times of crisis affecting the long-term development of an organization

Meeting Planners: Views of Corporate Social Responsibility Practices and Motivations Across Two Continents

2021 ◽  
Author(s):  
James Musgrave ◽  
Jonathan Sibley ◽  
Simon Woodward
Keyword(s):  
Factor Analysis ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Conceptual Understanding ◽  
Cultural Context ◽  
Western Europe ◽  
Meeting Planners ◽  
European Meeting ◽  
Corporate Social ◽  
Strategic Motives

Interpretation of, and commitment to, Corporate Social Responsibility (CSR) differs from country to country, resulting in variances in implementation. It is theorised that these variances originate from organisational and cultural context. There is limited research dedicated to contextual variances of CSR in the meetings industry. As such, the objective of this paper is twofold: first, to understand whether Meeting Planners in America and Western Europe differ in their current and future motives for engaging with CSR. Second, to establish whether the differences in motivation are influenced by their conceptual understanding of CSR or the wider socio-economic and political. The authors analysed over one thousand self-reporting questionnaires from Meeting Planners across the two continents. Results were analysed using un-related t-tests in order to establish if the two groups differ in their underlying motives to engage with CSR. An exploratory factor analysis was used to determine how Meeting Planners conceptualised CSR across the two continents. Results suggests similar strategic motives to engage in CSR. European Meeting Planners identify egoistic motives to engage in CSR. In contrast to America, CSR practice in Europe will change in the future as value-driven motives become prevalent. The paper provides evidence of context as a defining factor in CSR, where ubiquitous constructs of CSR cannot be easily applied to Meeting Planners. The findings demonstrate the incongruent nature of CSR practice. The results advance the application of CSR to Meeting Planner’s practice in both America and Western Europe, re-igniting the definitional debate of CSR within the meetings industry.

scholarly journals The Corporate Social Responsibility of Hydropower Companies in Alpine Region—Theory and Policy Recommendations

2018 ◽  
Vol 10 (10) ◽  
pp. 3594 ◽  
Author(s):  
Werner Hediger
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Western Europe ◽  
Welfare Economic ◽  
Generic Model ◽  
Investment Projects ◽  
Economic Framework ◽  
Private And Public ◽  
The Right ◽  
Corporate Social

Hydropower activities must increasingly be evaluated from a sustainable development perspective. Corporate social responsibility (CSR) is the principle frequently applied to evaluate corporate contributions in this regard, though there exists no conceptual and theoretical basis that is common to the various approaches. With the present work, we fill this gap and provide a generic model that formally integrates the corporate and societal perspectives of hydropower activities within a welfare-economic framework that encompasses both externalities and distributional concerns. Building on this background and focusing on the current situation in Switzerland, the water tower of Western Europe, we particularly address the issues of water rights, resource rents and governance. This is crucial when analyzing investment projects of hydropower companies with shared private and public ownership; i.e., if external stakeholders are also sensitive shareholders who grant, at the same time, the company the right to operate. Altogether, this contribution shall support better informed decision making on both corporate and policy levels, especially regarding new and retrofitting investments in hydropower when social concerns are at stake.

Sign in / Sign up

Export Citation Format

Share Document