Policies to promote Corporate social responsibility (CSR) and assessment of CSR impacts

Lu, Jintao; Ren, Lixia; Lin, Wenfang; He, Yun; Štreimikis, Justas

doi:10.15240/tul/001/2019-1-006

Cited by 44 publications

(46 citation statements)

References 26 publications

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“…Consequently, developing states such as Namibia, through its government should take on an active role in promoting CSR activities. In providing policy recommendations on promoting CSR, Lu et al (2019) have grouped them into 4 main areas as follows:…”

Section: Strategies and Recommendations For Promoting Csrs For Sustaimentioning

confidence: 99%

“…In providing strategies and recommendations for promoting CSRs for sustainable development in Namibia, this study adopts and applies the framework on public policies to promote CSR as developed by Lu et al (2019), and as derived from the best practices adopted in the EU. These are presented in the table below and will be applied and discussed in the context of Namibia.…”

Section: Strategies and Recommendations For Promoting Csrs For Sustaimentioning

confidence: 99%

“…Here, the Namibian government should adopt (legally and institutionally) a robust approach in encouraging CSR through incentives. Lu et al (2019) refers to subsidies related to CSR activities, tax allowances and breaks for corporate charity activities. This would particularly curb the notion on the practice of CSR being costly as firms would be deriving a benefit from it through such incentives.…”

Section: Economicmentioning

confidence: 99%

“…However, this is only possible under circumstances where there is increased public awareness on the relevance of CSR. Here, public awareness could be increased through incorporating CSR into educational curriculums in schools and universities (Lu et al, 2019). On a practical level, content on CSR could be incorporated in high school subjects such as Business Studies and Development Studies.…”

Section: Informativementioning

confidence: 99%

“…This would increase their profitability as a consumer is likely to support a product with which they identify through such CSR activities. Lu et al (2019) posits that networking is the cornerstone that has great prospect for bringing together various industry players for coordinated CSR. Here, the Namibian government should aid in establishing a network of firms in pursuit of practicing CSR.…”

Section: Informativementioning

confidence: 99%

See 4 more Smart Citations

Sustainable Development and Corporate Social Responsibilities of Foreign Investors in Namibia: Is there a Need for a Mercantile Refocus?

Marenga¹,

Kakujaha-Matundu²

2019

JIBE

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This paper draws focus on various corporate social responsibilities (CSR) by foreign investors within the context of a developing state, Namibia. Consensus has been achieved on the positive impactful role CSRs of foreign investors have in propelling sustainable development of the country. Through the lenses of evolving discourses on the role of CSR by foreign investors in the sustainable development arena, the current paper problematises the rather absent, silent and ambiguous approach the Namibian government has taken in encouraging CSR by foreign investors within the country. This paper found that the legal and policy framework on CSR in Namibia remains ambiguous, especially concerning foreign investors. This has made it impossible for the country to fully benefit from the developmental advantages that CSR activities by foreign investors bring with. Within the context of Namibia, this paper discusses the dynamics involved in the practice and recommends strategies to serve as a guideline in practicing CSR by foreign investors. These strategies centre around the legal, economic, informative and networking spectrums of CSR, with a particular emphasis on profitability (mercantilism) retention by foreign investors in light of it being a liability.

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Section: Strategies and Recommendations For Promoting Csrs For Sustaimentioning

confidence: 99%

Section: Strategies and Recommendations For Promoting Csrs For Sustaimentioning

confidence: 99%

Section: Economicmentioning

confidence: 99%

Section: Informativementioning

confidence: 99%

Section: Informativementioning

confidence: 99%

See 3 more Smart Citations

Sustainable Development and Corporate Social Responsibilities of Foreign Investors in Namibia: Is there a Need for a Mercantile Refocus?

Marenga¹,

Kakujaha-Matundu²

2019

JIBE

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The influence of top management team diversity on Sustainable Development Goals (SDG) reporting: Evidence from Sri Lanka

2023

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Motivated by the limited attention given to the impact of top management teams on Sustainable Development Goals (SDGs), this study sets out to identify the extent to which companies engage in SDG reporting and assess the impact of top management team diversity on SDG reporting based on the upper echelons theory. The data were collected by analyzing the sustainability reports of the listed entities over a three‐year period and conducting semistructured interviews. Findings show that the average disclosures related to SDGs are still at a deficient level and that top management team diversity does not have an impact on SDG reporting in Sri Lankan companies. The qualitative evidence shows that the existing corporate sustainability strategies have been aligned with SDGs, rather than being reformulated or designed to integrate with the SDG targets. Hence, in Sri Lanka, SDG reporting is limited by the superficial attention given to them in corporate strategies. This is a pioneering study that investigates the relationship between top management team diversity and SDG reporting using an explanatory sequential approach.

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Assessment of corporate social responsibility by addressing sustainable development goals

Liang

Zhang

et al. 2020

Corp Soc Responsibility Env

Self Cite

118

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The aim of this study is to discuss the issues relevant to the CSR evaluation and to develop a model of CSR assessment by taking into account SDGs. Based on a critical literature review, the advantages and limits of CSR assessment models were analyzed with the SDGs addressed, and the framework of a novel model of CSR assessment was proposed in this study. The main limitations of CSR in addressing SDGs were defined as follows: the selective implementation of SDGs, greenwashing, the lack of the integration of the stakeholders, the lack of incorporation of SMEs, and the difference in CSR practices among countries. The created model includes all SDGs involved. Moreover, the positive and negative effects of CSR on SDGs were addressed. This proposed CSR assessment model can help to solve the major problems described above: selective implementation of SDGs, greenwashing, and the inability to compare CSR among industries or countries.

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Policies to promote Corporate social responsibility (CSR) and assessment of CSR impacts

Cited by 44 publications

References 26 publications

Sustainable Development and Corporate Social Responsibilities of Foreign Investors in Namibia: Is there a Need for a Mercantile Refocus?

Sustainable Development and Corporate Social Responsibilities of Foreign Investors in Namibia: Is there a Need for a Mercantile Refocus?

The influence of top management team diversity on Sustainable Development Goals (SDG) reporting: Evidence from Sri Lanka

Assessment of corporate social responsibility by addressing sustainable development goals

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