Is it worth being socially responsible?

Riskó, Tünde Csapóné; Péntek, Ádám; Wiwczaroski, Troy B.

doi:10.19041/apstract/2016/1/10

Cited by 3 publications

(3 citation statements)

References 16 publications

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“…In the sixth component-showing ethical values-all statements have high component loadings, among which values related to the rejection/boycott of unethical company activities [40] and the preference for "buycott" initiatives stand out the most (>0.71). The high component loadings of the value group may suggest that these values are separated from the other value components, which is confirmed by the skewness to the right.…”

Section: Results Of Data Reductionmentioning

confidence: 99%

Attitudes of Voluntary Simplifier University Students in Hungary

et al. 2019

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The Lifestyle of Voluntary Simplicity (LOVOS) segment is composed of consumers who attempt to achieve sustainable consumption. The segment has been examined by only a few research studies so far, and none of them were conducted among Hungarian consumers. Therefore, the aim of our exploratory research is to examine the occurrence of the LOVOS consumer group among university students from Debrecen, Hungary. To achieve our aim, we first identified the five main value groups of the LOVOS lifestyle with an expert focus group interview. Based on the interview, a questionnaire survey was conducted among university students from Debrecen (N = 500). Based on the results, four value-based segments were identified, of which the Voluntary simplifiers’ cluster (39.6% of respondents) reflected the characteristics of the LOVOS lifestyle to the greatest extent. Based on the literature, it seemed necessary to segment this group further in terms of their commitment to individual values. As a result, three further clusters were created, of which, the Holistic simplifiers’ group (9.8% of respondents) showed the greatest commitment to the values of the LOVOS lifestyle. We concluded that the characteristics of voluntary simplifiers have already appeared among university students from Debrecen, but further research is needed to reveal the value orientation of the whole of Hungarian society.

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Section: Results Of Data Reductionmentioning

confidence: 99%

Attitudes of Voluntary Simplifier University Students in Hungary

et al. 2019

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“…The concept of CSR proposes that a company has social obligations that extend beyond making a profit (Wheelen et al, 2018). CSR transforms corporate practices such that a company's contribution to society is maximized and risks and costs being minimized while focusing on growing the business and brand value (Epstein-Reeves, 2011in Csapóné et al, 2016. Dahlsrud (2008) analyzed 37 definitions for the term CSR.…”

Section: Corporate Social Responsibility and Sustainable Livelihoodmentioning

confidence: 99%

Nexus between Corporate Social Responsibility Practices and Sustainable Livelihood in Nigerian Oil and Gas Production Region

Chondough

2021

Com

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Oil and Gas remains the backbone of the Nigerian economy as it constitutes a major revenue source for the government. However, host communities have not felt the effect of carrying the financial burden of the nation. The heavy reliance on the oil sector has crippled instead of enhanced the environmental and social conditions of the host communities. This study examines the nexus between CSR practices and sustainable livelihood in the Nigerian oil and gas production region using secondary data. The study concludes that oil firms have underperformed within the scope of the usage of CSR to mitigate environmental and social concerns. Attention should be drawn to the peaceful coexistence of the oil firms and the community members in the affected region. CSR initiatives, together with government interventions, will greatly improve the livelihoods of the people. It is recommended that oil firms recognize their obligations to all stakeholders, the environment and the expectations of the host communities and establish a relationship that will foster a working partnership for community development and peaceful coexistence. JEL Code: M14, Q35, Q56

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“…Despite an upsurge in CSR research, no commonly accepted definition of CSR exists, as what constitutes CSR varies between regions and from developed to developing nations (Csapóné et al 2016;Skowron-Grabowska et al 2016;Campbell 2007). CSR was initially conceived as a company's responsibility to broaden its economic responsibilities to cover both ethical, social, legal and philanthropies (Bravo et al 2012).…”

Section: Introductionmentioning

confidence: 99%

The implication of CSR on the performance of SMEs in the context of a developing economy

Chondough¹

2023

JAI

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While corporate social responsibility (CSR) has been extensively explored from the standpoint of large corporations and developed economies, smaller businesses and developing economies have received little attention. Small and medium-sized enterprises (SMEs) continue to be the backbone of most economies, significantly accounting for a major share in economic value creation. This implies that the contribution of SMEs in achieving sustainable development is therefore critical. The study seeks to add to the limited literature by investigating the implication of socially responsible behavior on the performance of SMEs in Nigeria. Corporate reputation, profit maximization and management efficiency are dependent variables used as proxies for performance measurement. A well-structured questionnaire was administered to 63 Nigerian SMEs. The study adopted a structural equation model using SmartPLS for the data analysis. Findings show a significant relationship between corporate social responsibility and the three determinants of firm performance (management efficiency, profit maximization and corporate reputation). This study has implications for owners/managers of SMEs who are keen on improving performance by leveraging on socially responsible behaviour through the development, implementation and communication of a sustainable and acceptable CSR initiative. Recommendations and suggestions for further investigations are made.

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Is it worth being socially responsible?

Cited by 3 publications

References 16 publications

Attitudes of Voluntary Simplifier University Students in Hungary

Attitudes of Voluntary Simplifier University Students in Hungary

Nexus between Corporate Social Responsibility Practices and Sustainable Livelihood in Nigerian Oil and Gas Production Region

The implication of CSR on the performance of SMEs in the context of a developing economy

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