Corporate Social Responsibility Programs and Community Perceptions of Societal Progress in Bangladesh: A Multimethod Approach

Mahmud, Appel; Ding, Donghong; Kiani, Ataullah; Hasan, Morshadul

doi:10.1177/2158244020924046

Cited by 31 publications

(50 citation statements)

References 87 publications

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“…Community pressure influences the firm's CSR policy and its implementation strategies (Skouloudis et al, 2015). The community provides firms social licenses to operate their business operations in societies (Boadi et al, 2019) by assuming that firms deliver numerous benefits through their social initiatives to offset the adverse effects of their business operations in the community (Mahmud et al, 2020). Thus, companies adopt CSR policies to acknowledge the impacts of business operations they have on the environment, community, and the world more broadly (Randle et al, 2019).…”

Section: Csr and Communitiesmentioning

confidence: 99%

“…CSR is a strategic management tool that offers win-win prospects for the community and corporation (Boadi et al, 2019;Mahmud et al, 2020). An external stakeholder group of a firm "community" can be demarcated grounded on any amount of communal traits, such as history, religion, culture, geographic territory, and related beings to the firm's supply chains across the localities or the globe as a whole (Kapelus, 2002).…”

Section: Csr and Communitiesmentioning

confidence: 99%

“…Thus, teams across the companies should inspire ways to help each other actively and their families, customers, and communities during this pandemic period. In this regard, CSR is treated as an excellent tool for accomplishing sustainable development by offering a win-win strategy (Mahmud et al, 2020). It also permits companies to enhance their financial performance and, at the same time, deliver abundant social benefits that can fuel the people to survive during the COVID-19 pandemic period and overcome the crises (Bapuji et al, 2020;Guan et al, 2020;Guerriero et al, 2020;Kucharska & Kowalczyk, 2019).…”

Section: Introductionmentioning

confidence: 99%

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Corporate Social Responsibility: Business Responses to Coronavirus (COVID-19) Pandemic

2021

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The global health, economic, and social impacts of the coronavirus (COVID-19) pandemic are growing day by day. Over the past few months, first China, and now the whole world has been grappling with the effects of the COVID-19 pandemic in businesses, employees, customers, communities, and each other. The people worldwide are strongly committed to working together and supporting each other in every way possible during this critical period filled with fear and uncertainty. Grounded on stakeholder theory and corporate social responsibility (CSR) literature, the study attempts to explore business responses to the COVID-19 pandemic to support its vital stakeholders such as employees, customers, communities, and society as a whole through CSR initiatives. The study based on the contemporary phenomenon considered multi-items as data sources such as press releases, newsletters, and letters to shareholders, which were retrieved from the top 25 (the sample) corporations of the 100 Best Corporate Citizens-2019 (the population) in the United States’ respective websites on the internet. The outcomes of this research report that sampled companies show respect to their employees and focus on stewardship relations between corporations and customers and communities during the COVID-19 pandemic. It will have a significant theoretical application and practical implication on business duty to society and future research on CSR as a strong arm to deal with a critical disaster like the COVID-19 pandemic.

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Section: Csr and Communitiesmentioning

confidence: 99%

Section: Csr and Communitiesmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Corporate Social Responsibility: Business Responses to Coronavirus (COVID-19) Pandemic

2021

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“…In addition, NBFIs focused less on infrastructure growth in underserved areas and income-generating programs for the vulnerable. Furthermore, the Bank and Financial Institutions Division (BFID) of Bangladesh's Ministry of Finance is preparing to launch new CSR guidance that prioritises the country's health, education, climate, stability, and child welfare sectors as a strategy to achieve the Sustainable Development Goals (SDGs) (Moktadir et al, 2018;Mahmud et al, 2020).…”

Section: Methodsmentioning

confidence: 99%

Corporate Social Responsibility (CSR) practices of financial institution in Bangladesh: the case of United Commercial Bank

Afrin¹,

Sehreen²,

Polas³

et al. 2020

JoSTE

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Purpose: The main purpose of the research is to understand the CSR practices of financial institutions in Bangladesh better. Research methodology: Corporate Social Responsibility (CSR) is concerned with businesses’ interactions with society as a whole. Such CSR operations cover an organisation’s fiscal, legal, ethical, and philanthropic obligations. United Commercial Bank Limited (UCB) has been chosen as the study’s subject. This study is a qualitative research project that used an exploratory research design. For data collection, both main and secondary data sources were used. The in-depth interview approach with an open-ended questionnaire was used to gather primary data on CSR practices from 70 UCB employees. Results: According to the findings of the study, UCB is deeply performing its fiscal, legal, ethical, and philanthropic responsibilities, but it has not expanded its philanthropic activities on a voluntary basis. Furthermore, the representation of UCB employees in CSR management is inadequate, with the exception of top-level executives. Limitations: Any methodological issues were addressed, such as sampling challenges because financial institutions do not encourage third parties to obtain their secrets because competition occurs everywhere. Contribution: This study makes several suggestions, such as improved and more systematic communication of CSR strategies to employees, increased investments in CSR programs, and specially targeted CSR preparation, which could assist UCB in encouraging a more successful application of its CSR strategies.

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“…Therefore, this study extends the research into nongovernmental support as an essential element of SS. The nongovernmental organizations have significant contribution toward community through different social responsibility activities [31]. However, the mediating effect is extended here to both governmental and nongovernmental supports to show more accurate influences.…”

Section: Introductionmentioning

confidence: 94%

Factors Influencing the Quality of Life of Empty Nesters: Empirical Evidence from Southwest China

et al. 2021

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Quality of life is a widely accepted concept based on the notion that people’s lives have been subject to rapid development and industrialization. This study aims to explore the impact of different factors on the quality of life of empty nesters in Southwest China. The main factors explored are resilience and social supports (SS), highlighted here from different perspectives. Moreover, the correlations between other variables and quality of life are shown here. This study experimented with a hierarchical multiple regression model from survey data with 3583 valid responses. It argued that both resilience and social supports, including family members and friends, are significantly correlated with the Chinese empty nesters’ quality of life. Family support and friend support play a significant mediating role in the association between resilience and quality of life. However, neither government nor nongovernmental support significantly influences the quality of life. Therefore, the hypothetical recommendations of this study have been partially confirmed. The findings of this study provide a more comprehensive understanding of the overall mental and physical health of Chinese empty nesters.

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Corporate Social Responsibility Programs and Community Perceptions of Societal Progress in Bangladesh: A Multimethod Approach

Cited by 31 publications

References 87 publications

Corporate Social Responsibility: Business Responses to Coronavirus (COVID-19) Pandemic

Corporate Social Responsibility: Business Responses to Coronavirus (COVID-19) Pandemic

Corporate Social Responsibility (CSR) practices of financial institution in Bangladesh: the case of United Commercial Bank

Factors Influencing the Quality of Life of Empty Nesters: Empirical Evidence from Southwest China

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