Corporate Social Responsibility in Australia

Brueckner, Martin

doi:10.1007/978-3-030-56092-8_34

Cited by 3 publications

(2 citation statements)

References 47 publications

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“…There is no denying that businesses have a major role and responsibility to play in helping to address these major sustainability challenges as part of their CSR. In Australia, CSR has had a relatively slow start and despite growing momentum, the country still lags international trends and developments (Brueckner, 2021).…”

Section: Methodsmentioning

confidence: 99%

Why do employees respond differently to corporate social responsibility? A study of substantive and symbolic corporate social responsibility

Nejati

Shafaei

2023

Corp Soc Responsibility Env

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Corporate social responsibility (CSR) plays an increasingly significant role in business and can impact organizational performance and sustainability. However, the degree to which stakeholders see the organization as legitimate may depend on the perceived authenticity of CSR processes and practices. As internal stakeholders, employees have a strong influence on organizational outcomes. CSR, in turn, has been found to positively influence several employee outcomes. To examine the mechanisms of this relationship, this study questioned when and how CSR enhances employees' perceptions and results in affective commitment. Drawing on a time‐lagged sample of 317 full‐time employees in Australia, we found that substantive CSR is positively associated with affective commitment mediated by meaningfulness through work and strengthened with embeddedness, while symbolic CSR is not. Through assessing and controlling for endogeneity threats in analysis, this study provides more accurate empirical insights into the importance of CSR authenticity, offers theoretical contributions to the field, and presents practical implications for organizations in enhancing their CSR planning and practice.

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Section: Methodsmentioning

confidence: 99%

Why do employees respond differently to corporate social responsibility? A study of substantive and symbolic corporate social responsibility

Nejati

Shafaei

2023

Corp Soc Responsibility Env

View full text Add to dashboard Cite

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“…They define norms and principles for CSR contributions and compel corporations to follow such principles [58,59]. CSR interventions [60] such as government subsidies [61][62][63][64], government support [65], government development programs [66], and government CSR regulations [67,68] are only a few forms of governmental involvement in the field.…”

Section: Csr Driversmentioning

confidence: 99%

Sustainable Development Goals (SDGs) as a Framework for Corporate Social Responsibility (CSR)

et al. 2022

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Corporate Social Responsibility (CSR) has been an articulated practice for over 7 decades. Still, most corporations lack an integrated framework to develop a strategic, balanced, and effective approach to achieving excellence in CSR. Considering the world’s critical situation during the COVID-19 pandemic, such a framework is even more crucial now. We suggest subsuming CRS categories under Sustainable Development Goals (SDGs) be used and that they subsume CSR categories since SDGs are a comprehensive agenda designed for the whole planet. This study presents a new CSR drivers model and a novel comprehensive CSR model. Then, it highlights the advantages of integrating CSR and SDGs in a new framework. The proposed framework benefits from both CSR and SDGs, addresses current and future needs, and offers a better roadmap with more measurable outcomes.

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Violations of CSR Practices in the Australian Financial Industry: How Is the Decision-Making Power of Australian Women Implicated?

2022

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Financial institutions have made significant efforts in recent decades to integrate CSR activities into their core business approaches; however, several studies have shown that CSR violations have increased in the Australian financial industry, with financial institutions engaging in unethical practices and deceptive strategies to benefit their organizational profits over consumer interests. So far, research has shed light on how financial institutions have used CSR violation and manipulative strategies to bias consumer decision making, but there has been little investigation into how these manipulative techniques bias an individual’s rational, emotional, and decision-making powers when purchasing financial products. As a result, this study employs the theoretical notions of the emotion-imbued choice model (EIC) to investigate on how rational decision making, along with moderating effects of emotions (such as anxiety) and behavioural traits (such self-efficacy), influence the decision-making powers of Australian women when making financial product purchase decisions. It employs an online survey with 357 usable responses from Australian women, where several complex products and services are offered, and contentious claims of financial misconducts are reported. Data analysis is carried out through SPSS where regression analysis is performed along with double moderation performed through Hayes Process Model 2, with anxiety and self-efficacy chosen as moderators. Results reveal that anxiety significantly affects decision-making power of Australian women whereas moderating effects of self-efficacy was found to be insignificant. In addition, the regression results also showed that in the face of CSR violations, rational decision making has the greater influence on decision-making power of Australian women as compared to anxiety and self-efficacy. This study will be useful to a wide range of stakeholders, including the government, regulators, marketers, CSR activists, consumer watchdogs as they provide a comprehensive understanding of the interactions between rationality, emotions, and behavioural traits and how they affect the decision making of Australian women when making financial product purchase decisions.

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Corporate Social Responsibility in Australia

Cited by 3 publications

References 47 publications

Why do employees respond differently to corporate social responsibility? A study of substantive and symbolic corporate social responsibility

Why do employees respond differently to corporate social responsibility? A study of substantive and symbolic corporate social responsibility

Sustainable Development Goals (SDGs) as a Framework for Corporate Social Responsibility (CSR)

Violations of CSR Practices in the Australian Financial Industry: How Is the Decision-Making Power of Australian Women Implicated?

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