scholarly journals A Contextual Review on the Evolution of Corporate Social Responsibility

2019 ◽  
Vol 9 (2) ◽  
pp. 136 ◽  
Author(s):  
Tan Seng Teck ◽  
Selvamalar Ayadurai ◽  
William Chua
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Precise Definition ◽  
Contextual Approach ◽  
Contextual Reasoning ◽  
Stage Of Development ◽  
Contextual Influence ◽  
Critical Insight ◽  
Corporate Social ◽  
Relative Concept

This article attempts the perilous tasks of reviewing corporate social responsibility. Reviewing those literatures is a notorious challenge because corporate social responsibility has developed inconsistently. Authors that insist a precise definition are often disappointed because corporate social responsibility is a relative concept. It has never assumed a stagnated role. To encaptivate this review, this article peruses corporate social responsibility from a contextual approach. It reviews the development of corporate social responsibility at every stage of its evolution by addressing three contextual conundrums. Firstly, it peruses the motivational construct at every stage of development. This provides a critical insight on why corporate social responsibility was fashioned as such by analysing them contextually. Secondly, this review examines stakeholder inclusiveness at each epoch of development. This again critically exposes the category of beneficiaries included in each stage of progress categorising the evolution of their beneficiaries. Lastly, this work examines the extent of instutionalisation of corporate social responsibility illustrating the pattern in which the concept received legal and social acclamation. By addressing these three scopes, this article hopes to protrude categorically the contextual influence on corporate social responsibility so that reader(s) might understand at a deeper level the contextual reasoning and deduction on how the concept is shaped and reshaped.

scholarly journals Corporate Social Responsibility Reporting Practices in the Banking Sector of Nepal

2013 ◽  
Vol 3 (1) ◽  
pp. 61-78 ◽  
Author(s):  
Kshitiz Upadhyay-Dhungel ◽  
Amar Dhungel
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Banking Sector ◽  
International Comparisons ◽  
Reporting Practices ◽  
Csr Reporting ◽  
Leading Role ◽  
Stage Of Development ◽  
Economic Developments ◽  
Corporate Social

Financial institutions not only influence the profit/loss of its shareholders but also drive the economy of the whole nation. So it should be concerned about its social obligation and responsibilities. Social responsibility refers to the obligation of a firm, beyond the required by law of economics, to pursue long-term goals that are good for society. The idea that firms, corporations, and other organizations have social responsibilities leads to the development of the concept labelled as “Corporate Social Responsibility (CSR)” and has evoked widespread interests and concerns both in business and among academicians. Banking sector is under massive pressure from its shareholders, investors, media, as well as its customers to carry out business in a socially responsible and ethical manner. This descriptive study attempts to analyse CSR reporting practices in banking sector of Nepal. For the purpose, ten commercial banks and 4 development banks were selected randomly and their website was scanned to collect data developing a Report Sheet. The total CSR reports were outlined and categorized into different groups. Later on quantitative analysis was also performed and presented using suitable statistical techniques. This study found that CSR is not mandatory in Nepal and all the banks that have made the disclosure of social responsibility have done it in voluntary basis. Among the disclosed information education, training and welfare of underprivileged; arts/heritage and culture protection; contribution to associations, clubs and other organizations; contributions to healthcare and environment; etc were the most commonly reported CSR activities. Child and women developments, religious activity, games and sports activities, blood donations were also among the thrust area for CSR reporting. The disclosures were mostly qualitative with exception of donation and sponsorship amounts. The analysis also shows that most of the Nepalese banks, especially public sector banks, do not mentyion CSR explicitly on their websites. This study strongly recommends the development of uniform standards and framework for reporting of CSR activities, which could be applied to compare it at national levels with other banks and/or industries as well as for the international comparisons. Bank can play a leading role to establish the CSR concepts in Nepalese business and corporations. It is expected that this paper will stimulate more studies in this direction. More such studies should be conducted, especially on developing countries like Nepal, where CSR is at an infant stage of development. In addition to tracing the trend of social disclosure, impacts of social and economic developments on CSR practices, there is also a need to develop a framework for CSR reporting. DOI: http://dx.doi.org/10.3126/bj.v3i1.7511 Banking Journal Vol.3(2) 2013 pp.61-78

scholarly journals Corporate Social Responsibility and Science Social Responsibility – In Search of Analogy

2020 ◽  
Vol 1/2020 (32) ◽  
pp. 108-120
Author(s):  
Marcin Żemigała ◽  
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Early Stage ◽  
Scientific Research ◽  
Bibliographic Database ◽  
Development Research ◽  
Stage Of Development ◽  
Research Questions ◽  
Corporate Social ◽  
Further Development

The aim of the article is to identify the analogy between corporate social responsibility (CSR) and science social responsibility (SSR) on the basis of scientific research. Five research questions were formulated regarding trends in research in these two areas. Data for analyzes were obtained from the global bibliographic database Scopus and related to scientific articles from 1937 to 2019. The main analogies were identified. Scientific research in both areas began in the same period and is carried out mainly in social and management sciences. However, discrepancies have also been identified. Research on CSR has developed far more than SSR, which is still at an early stage of development. Research on CSR is conducted in leading countries in the scientific and academic arena, and SSR rather in countries entering it. CSR has knowledge sharing platforms in the form of reputable, profiled journals, while SSR research is published in journals of lower reputation and with general rather than strictly SSR profiles. Research in the field of CSR is detailed and more often cited, while those related to SSR are general and less frequently cited. After all, research from both areas seems to be promising and worth further development.

scholarly journals Corporate Sustainability and Responsibility in Agro Business: Creating Value for Sustainability in Society and the Environment

2021 ◽  
Vol 1 (1) ◽  
pp. p50
Author(s):  
Kwame Asare Duffour ◽  
Waseem Ahmed ◽  
Qamar Farooq
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Stakeholder Management ◽  
Corporate Sustainability ◽  
Well Being ◽  
Business Practices ◽  
Journal Articles ◽  
Critical Insight ◽  
Responsible Business Practices ◽  
Corporate Social

Scholars and companies are making efforts in broadening the knowledge and image of corporate sustainability and corporate social responsibility. In light of this direction, this paper reports on how agro businesses are affecting the well-being of humans, the environment, and the corporate sector. This study adopted to review published electronic journal articles on corporate sustainability and corporate social responsibility shedding light on the challenges, threats, and solutions of agro-business. Furthermore, the study critically analyzes some of the latest value-based sustainability constructs. This review provides a conceptual understanding of sustainability and corporate responsibility. Responsible business practices foster the creation of economic and social value by realigning business objectives with stakeholder management and environmental responsibility. The study adds to the literature and is a critical insight to organizations regarding sustainability in agro business and corporate social responsibility.

scholarly journals Corporate Social Responsibility and Socially Responsible Investing Strategies in Transitioning and Emerging Economies. Choosing A Strategic Investor in The Field of Energy.

2020 ◽  
pp. 1-19
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Emerging Market ◽  
Energy Sector ◽  
Socially Responsible ◽  
Responsible Investment ◽  
Market Economies ◽  
Stage Of Development ◽  
Socially Responsible Investments ◽  
Corporate Social

Abstract: Corporate Social Responsibility (CSR) and socially responsible investment (SRI) are concepts that have entered our everyday life over the last decades. These indicators of the state of the economy and its related components were introduced by developed economies 40 years ago, and are being imposed in the transition and emerging market economies in the 21st century. Initially, large national and international companies introduced this, and in the next phase, medium and small companies also implemented them. At this stage of development, it is unacceptable for companies not to apply CSR and SRI, but there are still quite a number of such companies in Bulgaria and Eastern European countries. The energy sector in the world is one of the leaders in the implementation of CSR and SRI. In Bulgaria and other restructured market economies, energy companies also occupy the top positions in various CSR and SRI implementation charts, such as Kozloduy NPP, Mines Maritza East, Assarel, EVN and others. In particular, some positive examples of the implementation of corporate social responsibility and socially responsible investments in the energy sector in Bulgaria in recent years are given.

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