Do Markets Value Corporate Social Responsibility in the United Kingdom?

2011 ◽  
Author(s):  
Graham Buckingham ◽  
Alan Gregory ◽  
Julie M. Whittaker
Keyword(s):  
Corporate Social Responsibility ◽  
United Kingdom ◽  
Social Responsibility ◽  
The United Kingdom ◽  
Corporate Social

scholarly journals Ethical Responsibilities: An Empirical Analysis Of The Ethical Codes Of The Top 100 Companies In The United Kingdom

2011 ◽  
Vol 6 (9) ◽  
Author(s):  
Sarah D. Stanwick ◽  
Peter A. Stanwick
Keyword(s):  
Corporate Social Responsibility ◽  
United Kingdom ◽  
Social Responsibility ◽  
Empirical Analysis ◽  
Ethical Dilemmas ◽  
Ethical Code ◽  
Ethics Codes ◽  
Ethical Codes ◽  
The United Kingdom ◽  
Corporate Social

In response to ethical dilemmas faced by companies around the globe, companies are developing or refining their ethical codes. Many of these companies communicate these codes to their stakeholders through the companys corporate social responsibility (CSR) report. This paper examines the ethics codes of the top 100 companies (based on market capitalization) in the United Kingdom. A sample of CSR reports for these companies is examined to determine if the company includes its ethical code in the CSR report, if it reports its ethical code in a separate document, or if it does not disclose the code.

Impact of Assurance and Assurer's Professional Affiliation on Financial Analysts' Assessment of Credibility of Corporate Social Responsibility Information

2011 ◽  
Vol 30 (3) ◽  
pp. 239-254 ◽  
Author(s):  
Gary Pflugrath ◽  
Peter Roebuck ◽  
Roger Simnett
Keyword(s):  
United States ◽  
Corporate Social Responsibility ◽  
United Kingdom ◽  
Social Responsibility ◽  
Financial Analysts ◽  
The United States ◽  
Data Availability ◽  
Behavioral Experiment ◽  
The United Kingdom ◽  
Corporate Social

SUMMARY This study reports the results of a behavioral experiment examining whether financial analysts from Australia, the United States, and the United Kingdom perceive a difference in the credibility of stand-alone corporate social responsibility (CSR) reports depending on whether they are assured, and the type of assurance provider (professional accountants versus sustainability consultants). We further examine whether the perceived credibility differs for financial analysts from the different countries and whether results hold for companies from different industries. The overall results show the credibility of a CSR report is greater when it is assured and when the assurer is a professional accountant. While assurance increases the credibility of the information in each of the three countries included, the relative impact is context-specific. Information is perceived to be more credible when a company is from an industry where assurance is more commonplace, and by financial analysts from the United States when the assurer is a professional accountant. Financial analysts from Australia and the United Kingdom perceive little difference in the enhanced credibility provided by the different assurance providers. Data Availability: Contact the first author about the availability of the data.

scholarly journals Meanings and Implications of Corporate Social Responsibility and Branding in Grocer Retailers

2014 ◽  
pp. 351-369 ◽  
Author(s):  
Elena Candelo ◽  
Cecilia Casalegno ◽  
Chiara Civera
Keyword(s):  
Corporate Social Responsibility ◽  
United Kingdom ◽  
Social Responsibility ◽  
Business Model ◽  
Economic Value ◽  
Shared Value ◽  
Grocery Industry ◽  
Strategic Model ◽  
Commercial Value ◽  
Corporate Social

The chapter demonstrates the extent to which companies operating in the Retailing Grocery industry use Corporate Social Responsibility (CSR) as driver to enhance their brand and pursue commercial value, or to purely redefine their business priorities in accordance to evolving consumers' needs and expectations by making CSR a new concrete business model and evolving towards the concept of Corporate Shared Value (CSV). The study is addressed to analyse the matter of facts in two different European geographical areas: Italy and United Kingdom, chosen because of the peculiar approaches in companies' attitude towards CSR and CSV, ultimately. Many differences and some relevant similarities in the implementation of CSV as new strategic model between the countries have emerged, with UK showing the most formalized and standardized integration between social and economic value within its Grocer Retailer companies' business activities.

Responsible and Sustainable Management Practices in Developing and Developed Business Environments

2019 ◽  
pp. 765-792
Author(s):  
Idahosa Igbinakhase
Keyword(s):  
Corporate Social Responsibility ◽  
Comparative Analysis ◽  
Social Responsibility ◽  
United Nations ◽  
Sustainable Management ◽  
Management Practices ◽  
Corporate Sustainability ◽  
Business Environments ◽  
The United Kingdom ◽  
Corporate Social

This chapter focuses on responsible and sustainable management practices in business based on the 10 principles of the United Nations Global Compact (UNGC). The UNGC has been named the world's largest corporate sustainability initiative and it has already made a significant contribution to the entrenchment of globally acceptable business ethics. The UNGC identifies ethical leadership as an important organisational asset, which has also contributed to the implementation of key responsible and sustainable practices, such as anti-corruption seminars and corporate social responsibility, among others. A comparative analysis of responsible and sustainable management practices of businesses in Nigeria and the United Kingdom revealed that some practices, such as corporate social responsibility, are being practiced in both business environments, among other findings.

scholarly journals CORPORATE SOCIAL RESPONSIBILITY di PT. PRUDENTIAL LIFE ASSURANCE

2019 ◽  
Vol 5 (3) ◽  
pp. 251
Author(s):  
Ratu Annisa Fairuz ◽  
Faachira Faachira ◽  
Santoso Tri Raharjo ◽  
Risna Resnawaty
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Literacy ◽  
Financial Services ◽  
English Language ◽  
Descriptive Research ◽  
Life Assurance ◽  
The United Kingdom ◽  
Language Classes ◽  
Corporate Social

 ABSTRACTCorporate social responsibility program activities also vary, not only limited to social and economic programs. Social, education, and environment can be the target of corporate social responsibility. One company that applies corporate social responsibility is PT. Prudential Life Assurance. PT. Prudential Life Assurance was first established in 1995. Prudential was originally Prudential Plc, a financial services group from the United Kingdom with more than 160 years of experience. By combining Prudential's international experience in the field of life insurance with knowledge of local business procedures. Prudential has been in Indonesia since 1999 and has a commitment to develop its business in Indonesia. In accordance with these three things Prudential focuses its CSR activities in the fields of education, children, and disaster relief and prevention. Through the theme of "A Million Heart for A Millon Dreams" which has been around since September 2012, Prudential has a one million Indonesian mission that was achieved after two years of CSR programs at Prudential. PT. Prudential implements CSR programs only at the center, namely in Jakarta. The program consists of Chevening Scholarship, Financial Literacy, English Language Classes in Children's Prisons, Chairman's Challenge, Cha-Ching Money Smart Kids, and Clean Action. PT. Prudential Life Assurance provides assistance in the form of goods because it is more useful and useful. This study aims to explain the CSR programs and activities that have been carried out by PT. Prudential Life Assurance in Bandung. The type of method used in this study is a descriptive research method with a qualitative approach. Data collection techniques conducted by researchers in collecting data are through observation, interview, documentation, and a combination of the three.ABSTRAKKegiatan program corporate social responsibility pun beragam, tidak hanya terbatas pada program sosial maupun secara ekonomi. Sosial, pendidikan, dan lingkungan dapat dijadikan sasaran pertanggungjawaban sosial perusahaan. Salah satu perusahaan yang menerapkan corporate social responsibility adalah PT. Prudential Life Assurance. PT. Prudential Life Assurance didirikan pertama kali pada tahun 1995. Pada awalnya Prudential merupakan Prudential Plc, grup  jasa keuangan asal inggris dengan pengalaman lebih dari 160 tahun. Dengan menggabungkan pengalaman internasional Prudential di bidang asuransi jiwa dengan pengetahuan tata cara bisnis lokal. Prudential yang berada di Indonesia telaah ada sejak tahun 1999 dan memiliki komitmen untuk mengembangkan bisnisnya di Indonesia. Sesuai dengan ketiga hal tersebut Prudential memfokuskan kegiatan CSR-nya pada bidang pendidikan, anak-anak, serta bantuan dan pencegahan bencana. Melalui tema “A Million Heart for A Millon Dreams” yang ada sejak September tahun 2012, Prudential mempunyai misi satu juta orang Indonesia yang berhasil dicapai setelah dua tahun berjalannya program CSR di Prudential. PT. Prudential melaksanakan program CSR hanya di pusat saja yaitu di Jakarta. Program tersebut terdiri dari Chevening Scholarship, Financial Literacy, Kelas Bahasa Inggris di Lapas Anak, Chairman’s Challenge, Cha-Ching Money Smart Kids, dan Aksi Bersih. PT. Prudential Life Assurance memberikan bantuan berupa barang karena agar lebih berguna dan bermanfaat. Penelitian ini bertujuan untuk menjelaskan program maupun kegiatan CSR yang telah dilakukan PT. Prudential Life Assurance di Bandung. Jenis metode yang digunakan dalam penelitian ini adalah metode penelitian dekskriptif dengan pendekatan kualitatif. Teknik pengumpulan data yang dilakukan peneliti dalam mengumpulkan data ialah melalui teknik observasi, wawancara, dokumentasi, dan gabungan dari ketiganya.

scholarly journals Mother Company's Responsibility for Multinational Subsidiary Activities

2020 ◽  
Vol 38 (Especial) ◽  
pp. 436-453
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Multinational Corporations ◽  
The United States ◽  
Cross Border ◽  
The United Kingdom ◽  
Social Environmental ◽  
Human Rights Standards ◽  
Corporate Social ◽  
Rich Countries

The objective of the article is to analyze the various forms of responsibility of parent companies and their subsidiary multinationals in terms of what corporate social responsibility means. At the methodological level it is analytical and descriptive research. Despite all the struggles and activities carried out to regulate the operations of multinational corporations and the demand of the agents of the main governments responsible for strictly monitoring compliance with the rules (corporate social responsibility) the fact that major multinational corporations are pursuing interests for the implementation oflos control and monitoring of the cross-border activities of their companies should not be ignored. It is concludedthat the government's support for foreign investment, for example, is sometimes subject to compliance with minimum social, environmental, and human rights standards. It is difficult to judge the success and outcome of the effort made to monitor and regulate the business of multinational corporations, but what seems certain is that rich countries, such as the United States and the United Kingdom, have apparently accepted the task of playing a significant role in promoting and promoting cross-border (corporate social responsibility).

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