Identifying the moral–practical gaps in corporate social responsibility missions of Vietnamese firms: An event‐based analysis of sustainability feasibility

Abstract

This research was conducted in Vietnam in 2019 to support the establishment in 2018 of the Vietnam Business for Environment (VB4E) Platform by the International Union for Conservation of Nature (IUCN) Vietnam. The case of Vietnam is then used to bring attention to how businesses in a developing country are dealing with environmental problems and engaging in both ecological conservation and social responsibilities. A structured dataset on selected keywords and news sources was built to systematically track all major environment-related events in Vietnam. The findings, which were extracted from 344 news reports and 75 environmental events, highlight the lack of engagement on Vietnamese businesses in sustainability initiatives, with existing corporate activities still driven by practical concerns, i.e., profitability. Notably, a minimum of one governmental agency was involved in 86% of the events categorized as environmentally damaging. This result hints at a systemic problem of government-business collusion in bypassing environmental guidelines.

Ethical leadership, corporate social responsibility, firm reputation, and firm performance: A serial mediation model

“…The definition of ‘CSR as added value’, where CSR is one of the main business goals and part of the corporate strategy, has not been completely understood or adopted. For example, CSR in Vietnam tends to be viewed as a simplistic approach that only considers customers and the community and frequently ignores the commitment of companies to enhance employee welfare ( Vuong et al., 2021 ). If businesses misunderstand the CSR concept, it will lead to improper actions and unfavourable outcomes.…”

“…However, Vietnamese businesses are not actively involved in sustainable growth, as current corporate operations are still motivated by profitability ( Vuong et al., 2021 ). Moreover, the lack of practicality in the current studies, in addition to the lack of studies in this field in Vietnam, indicate an immediate demand for more rigorous research to which companies and CSR practitioners can refer.…”

Managing Circular Business Model Uncertainties with Future Adaptive Design

“…However, not all companies may have interest in such models. This might particularly be the case in developing nations where companies have been documented to be less engaged with environmental responsibility [81]. Still, Future Adaptive Design may even be attractive to such firms if it is a way to increase market competitiveness, save costs, or increase profits.…”

Video games and scientific research

“…Moreover, this is also a starting point to continue investigating the problem of business and environmental issues. Previously, we have taken a look at this matter in Vietnam [15]. It seems like a natural fit for the game industry.…”