Is It Worthwhile for Organizations to Have Socially Responsible Management Practices?

Abstract

Knowing the employees’ perspective is essential for good human resource management. In this investigation we sought to determine whether the employees of Portuguese organizations perceive that management practices are aligned with corporate social responsibility (CSR), and whether these practices affect organizational performance. The methodological design we adopted in this study is characterized as being descriptive and quantitative. Multiple regression analysis reveals that the greatest positive impact on the perception of organizational performance for providing health and safety in the workplace was obtained by way of socially responsible, economic-financial management practices (β=0.327) and from the organization’s business strategies being aligned with social responsibility (β=0.277). Among the practices impacting the organization’s interaction and commitment to the community, we emphasize brand promotion strategies being aligned with CSR principles (β=0.305), and the organization’s business strategies being aligned with its social responsibility (β=0.266).

The Influence of Corporate Social Responsibility on the Brand Image: The Moderating Role of Consumers' Consciousness in the Jordanian Apparel Industry

“…This conveys that social beliefs, norms, and traditions affect reputation [31]. Concern about society, which is a part of CSR, is important to organizations [12]. The concept of CSR includes social responsibility related to unemployment, poverty, and diversity in organizations [32].…”

“…It details how business and the broader society connect internally. Bowen views CSR as an obligation towards society, the sort of commitment that businesses have for supporting procedures made by management that follow societal ideas and principles [12]. Business strategies are adopting CSR as the main element because it is considered a useful asset to companies striving to improve their performance and support the community at the same time [13].…”

“…These actions led to a movement that made factories consider employees' and society's welfare through the implementation of healthcare schemes and others. Nowadays, the concept of CSR cannot simply be ignored by managers of organizations for the importance it holds, and there has been a growing debate on the connection between CSR and the performance of organizations [12].…”

“…Companies in Jordan adhere to these norms and traditions; they run their businesses according to what is socially acceptable and if they choose to go against societal norms, they will be facing rejection from the community [31]. CSR was conceptualized by Bowen as an obligation to society, one that requires organizations to abide by management protocols conforming to societal values [12]. When discussing the concept of CSR, it is crucial to note that it refers to the aspect that deals with concerns regarding how communities influence others whether they are internal or external parts of the organization in matters such as the problem of many individuals being unemployed, poverty-stricken societies, and diversity in organizations [32].…”