Exploring New Ways of Communicating CSR to the Relevant Stakeholders: An Empirical Study

Bashar, Mohammad Abul

doi:10.5430/bmr.v9n2p25

Cited by 3 publications

(3 citation statements)

References 45 publications

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“…Cluster 2 i.e. for Firm Performance, decent work and economic growth (8), industry, innovation and infrastructure (9), responsible consumption and production (12), climate action (13), and peace, justice and strong institutions (16) are considered. Cluster 3 i.e.…”

Section: Discussionmentioning

confidence: 99%

“…Cluster 4 i.e. for Corporate Social Performance, no poverty (1), good health and wellbeing (3), gender equality (5), decent work and economic growth (8), innovation and infrastructure (9), reduced inequalities (10), responsible consumption and production (12), climate action (13), and peace, justice and strong institutions ( 16) are considered. Cluster 5 i.e.…”

Section: Discussionmentioning

confidence: 99%

“…Cluster 5 i.e. for Green Supply Chain Management, affordable and clean energy (7), industry, innovation and infrastructure (9), responsible consumption and production (12), climate action (13), life on land (15), and partnerships for the goals (17) are considered. Further, the researchers can explore the unexplored SDGs among the 17 SDGs, which are not being considered in the previous researches w.r.t.…”

Section: Discussionmentioning

confidence: 99%

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Charting the Intersection of Corporate Sustainability and Firm Performance: A Scientometric and Bibliometric Examination

Chopra,

Singh,

Debnath

et al. 2024

Preprint

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Corporate Sustainability has garnered increasing attention within the business community, as corporates communicate to influence its stakeholders for building sustainable relationships. There has been a surge in research exploring its connection to firm performance but, existing studies lack a cohesive and concentrated approach. This study employs scientometric and bibliometric methods to analyse scientific production which signals a scarcity of research from developing countries, indicating a need for greater investigation. Focussing on specific subfields of Corporate Sustainability and Firm Performance, we analyze and narrow down the scope of our study to a focussed sample. Employing use of structured methods and PRISMA Protocol, this scientifically rigorous study, points towards identification of research themes linking sustainability practices to firm performance for achieving business excellence. It goes beyond mapping of literature, thereby establishing linkages to Sustainable Development Goals (SDGs). Our analysis reveals clusters centered on Environmental Performance, Firm Performance, Corporate Sustainability Reporting, Corporate Social Performance and Green Supply Chain Management with significant citations related to various SDGs. We make use of time series analysis to determine the future trends of research in the field. This scientometric and bibliometric analysis study contributes to a more focused understanding of the linkages between corporate sustainability and firm performance, emphasizing the need for cohesive research approaches to address the complexities of sustainable business practices and their implications for financial performance and the economy.

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Section: Discussionmentioning

confidence: 99%

Section: Discussionmentioning

confidence: 99%

Section: Discussionmentioning

confidence: 99%

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Charting the Intersection of Corporate Sustainability and Firm Performance: A Scientometric and Bibliometric Examination

Chopra,

Singh,

Debnath

et al. 2024

Preprint

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Development of the corporate social responsibility of industrial enterprises in the Voronezh Region: institutional and organisational aspects

Nikitina¹,

Pertseva²

2021

Proceedings of Voronezh State University. Series: Economics and

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Subject. The current decade has been recognised by the world community as “a decade of decisive actions” aimed at combating numerous social and environmental issues. Solving these problems is impossible without mobilising the efforts of the business community. In this regard, corporate social responsibility (CSR) becomes highly important as well as the issue of integrating its principles into business activities. Since the industrial sector is characterised by the most significant impact on the environment and the local community and involves substantial labour resources, the implementation of CSR by industrial enterprises is of particular interest. Purpose. An analysis and assessment of the prospects for the development of corporate social responsibility among industrial enterprises in the Voronezh Region. Methods. The study involved a quantitative strategy for collecting and analysing information. The empirical basis was data from a survey carried out at 30 industrial enterprises in the Voronezh Region. Results. The empirical study allowed shaping the big picture of how CSR is understood and implemented by industrial enterprises in the Voronezh Region in terms of: the composition of the main CSR programmes and addressees; international and national CSR standards used in the activities and the formation of internal institutions for the CSR development; the nature and forms of interaction between enterprises, the state, and non-profit organisations; and assessing the prospects and barriers to the development of CSR. Conclusions. The social responsibility of non-public regional industrial enterprises remains fragmentary. There is a gap between the actual CSR content, its understanding by the management personnel of enterprises, and the current implementation of social programmes in practice. All activities of industrial enterprises in the field of CSR continue their technical and technological processes or business processes. Enterprises pay little attention to non-production activities. Enterprises are not interested in disclosing information about their activities, reducing any adverse impact they have on the environment, contributing to the sustainability of the territories where they are located, and the formation of civil society. Businesses act as closed systems that exist outside society. In order to develop the CSR of regional industrial enterprises, a set of measures (financial and economic, organisational, informational, and educational) has been proposed, which ensures the relevance of the content of regional industrial policy.

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Impact of corporate social responsibility and corporate governance on the performance of nonfinancial companies

Ahmed,

Khalaf,

Awad

2023

CGOBR

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This research paper focuses on the growing importance of corporate social responsibility (CSR) in the business world, particularly in the Gulf Cooperation Council (GCC) region. The main aim is to bridge the gap by assessing the impact of CSR and corporate governance on financial performance. Ultimately, this paper emphasizes the strategic importance of CSR for improving financial performance and promoting trustworthiness and public image. This paper applied the ordinary least squares (OLS) and panel regressions (fixed and random) to investigate the impact of CSR, board size, independent directors, company size, and leverage as independent variables on the financial performance as the dependent variable (return on assets — ROA). The data were collected from Refinitiv Eikon platform for 210 listed nonfinancial companies for the last ten years (2013–2022). The results suggested that the higher the company’s involvement in CSR, the more the number of board members and the more independent directors the higher the performance. In addition, the higher the leverage in the GCC the less is the profitability of firms. Finally, the larger the company the better is the performance. Such results imply that more board of directors should be hired and increase compliance with the CSR principles to achieve better performance.

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Exploring New Ways of Communicating CSR to the Relevant Stakeholders: An Empirical Study

Cited by 3 publications

References 45 publications

Charting the Intersection of Corporate Sustainability and Firm Performance: A Scientometric and Bibliometric Examination

Charting the Intersection of Corporate Sustainability and Firm Performance: A Scientometric and Bibliometric Examination

Development of the corporate social responsibility of industrial enterprises in the Voronezh Region: institutional and organisational aspects

Impact of corporate social responsibility and corporate governance on the performance of nonfinancial companies

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