Corporate Social Responsibility in Times of Crisis: A Summary

Burlea, Adriana Şchiopoiu; Vertigans, Stephen; Idowu, Samuel Ο.

doi:10.1007/978-3-319-52839-7_14

Cited by 19 publications

(12 citation statements)

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“…Moreover, the recent study of Burlea-Schiopoiu and Mihai [88] also documents a positive influence of CSR investment of an enterprise on its financial health. Likewise, Idowu et al [89] also acknowledged that the role of CSR is very important for an enterprise to induce its performance even in times of crisis. However, the current draft takes a different position by proposing employee-level CSR activities as an enabler for the enhanced economic performance of a hotel enterprise through the employees.…”

Section: Discussionmentioning

confidence: 99%

Proposing Employee Level CSR as an Enabler for Economic Performance: The Role of Work Engagement and Quality of Work-Life

Cherian

Han

et al. 2022

Sustainability

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The aim of the current research is to foster the economic performance of a hotel enterprise through employee-level corporate social responsibility (CSR) activities with the mediating effect of work engagement (W.E) and quality of work-life (QWL). A hypothesized model was developed for this purpose. The data were collected from the hotel employees of a developing economy (n = 396). The hypothesized relations were tested by employing the structural equation modeling technique. The current work’s statistical outcomes validated CSR’s seminal role to influence W.E and QWL perceptions of hotel employees, which eventually contribute to the economic performance of a hotel enterprise. The findings of the current analysis have different theoretical and practical implications. To the extent of theory, the current work advances the fields of enterprise management and employee wellbeing from an individual-level perspective of CSR. Practically, the current study helps the hotel management to realize that a carefully planned CSR strategy not only improves the economic performance of a hotel enterprise through employees but also helps to fulfill its social responsibility, hence leading a hotel enterprise towards a win-win situation.

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Section: Discussionmentioning

confidence: 99%

Proposing Employee Level CSR as an Enabler for Economic Performance: The Role of Work Engagement and Quality of Work-Life

Cherian

Han

et al. 2022

Sustainability

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“…Policymakers in lagging regions should strengthen environmental regulations to prevent increased environmental degradation due to energy-intensive and emission-intensive capital inflow [72]. From a management perspective, policies on environmentally sustainable behavior help regulate corporate social responsibility, which will ultimately positively impact a sustainable and equitable future for all, as it is widely understood, accepted, and implemented by stakeholders [73]. In addition, engaging in environmental protection and environmentally sustainable behavior can further improve corporate reputation.…”

Section: Discussion Of Empirical Resultsmentioning

confidence: 99%

Sustainable Growth Drivers: Unveiling the Role Played by Carbon Productivity

Song

Meng

et al. 2022

IJERPH

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In global climate change, improving carbon productivity holds great importance for China’s sustainable growth. Based on panel data of 30 Chinese provinces and cities from 1997–2017, the drivers, spatial effects, and convergence characteristics of carbon productivity in China are explored by combining a factor decomposition framework and a spatial panel model. The findings show that (1) China’s carbon productivity shows continuous positive growth, and the substitution effect of capital for energy dominates this changing pattern; (2) There is a β-convergence trend and club convergence in China’s carbon productivity, and the spatial technology spillover accelerates the convergence rate; (3) With its accelerated industrial transformation and technological upgrading, China’s current carbon productivity converges faster than its earlier stage, and the role of physical capital investment has gradually shifted to suppression. In contrast, the positive push of human capital investment has been strengthened; (4) From the perspective of the realization mechanism, the convergence of carbon productivity in China mainly comes from the convergence of energy restructuring and capital-energy substitution. These findings can help China narrow the inter-provincial carbon productivity gap in terms of improving factor structure, upgrading technology, etc., and provide references for sustainable growth decision making in China and around the world.

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“…It is worth emphasizing the role of Corporate Social Responsibility (CSR) in crisis times. Burlea et al (2017) presents the European aspects of CSR in the following countries: Switzerland, Italy, the Netherlands, Cyprus, and Romania. According to Burlea et al (2017), the financial crisis has a negative impact on corporate social responsibility programs.…”

Section: Literature Reviewmentioning

confidence: 99%

A New Approach for Risk of Corporate Bankruptcy Assessment during the COVID-19 Pandemic

Boratyńska

2021

JRFM

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The consequences of COVID-19 will aggravate existing multidimensional risks and reveal new ones. The research gap allows contributing to recognizing the exogenous risk factors of corporate bankruptcy during the COVID-19 pandemic in EU countries. This study aims at revealing how to evaluate the risk of corporate bankruptcy phenomenon in the COVID-19 times. The question arises as to whether Schumpeter’s creative destruction approach is still accurate. The article concentrates on implementing the fsQCA (fuzzy set Qualitative Comparative Analysis) method to identify and evaluate the main exogenous drivers of corporate bankruptcy in EU countries based on Fragile States Index data. This new approach focuses on fuzzy sets theory. The fsQCA method is a globally recognized alternative to quantitative analysis (in which the causal complexity is ignored) and qualitative methods for examining individual cases (which do not have the tools to generalize on their basis). The research indicates and examines the main external factors that would increase the risk of corporate bankruptcy in EU countries: namely, economic decline, uneven economic development, unemployment rate, demographic pressure, and government debt. The study discusses the influence of zombie companies on economies during the COVID-19 pandemic. Identifying risk factors that determine the threat of corporate bankruptcy may constitute practical recommendations for business and restructuring practitioners, financial institutions, and banking and public sector representatives in creating warning and recovery measures during the COVID-19 pandemic.

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Corporate Social Responsibility in Times of Crisis: A Summary

Cited by 19 publications

References 0 publications

Proposing Employee Level CSR as an Enabler for Economic Performance: The Role of Work Engagement and Quality of Work-Life

Proposing Employee Level CSR as an Enabler for Economic Performance: The Role of Work Engagement and Quality of Work-Life

Sustainable Growth Drivers: Unveiling the Role Played by Carbon Productivity

A New Approach for Risk of Corporate Bankruptcy Assessment during the COVID-19 Pandemic

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