Rethinking corporate social responsibility under contemporary capitalism: Five ways to reinvent CSR

Kim, Chung Hee

doi:10.1111/beer.12414

Cited by 30 publications

(18 citation statements)

References 130 publications

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“…During the last few decades, incorporating CSR activities has largely been a success factor for firms in Europe and America due to its strategic value [4]. Dynamic organizations take it as a long-term investment and assume it as an integral part of their business strategy [5].…”

Section: Introductionmentioning

confidence: 99%

Relationship between Corporate Social Responsibility, Organizational Trust, and Corporate Reputation for Sustainable Performance

et al. 2022

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In the current study, the authors looked at how companies’ corporate social responsibility (CSR) initiatives affect their reputation in the community using the stakeholder theory. More specifically, it is claimed that CSR initiatives with a particular focus on employees help firms create employee trust, which is an essential component of organizational long-term sustainable performance. Administrative fairness as a boundary condition bolsters the relationship between corporate reputation and trust. A non-probability convenience sampling technique was used to poll Chinese restaurant managers and non-managers on a 5-point Likert scale. Structural equation modeling was used to conduct structural analyses. CSR is a significant predictor of business reputation in the Chinese restaurant industry. It has also been discovered that trust in the organization is a partial mediator between the two. Furthermore, the data show that organizational justice moderates trust in the organization and the company’s reputation. This research examines the relationship between internal stakeholders’ perceptions of CSR activities and the company’s reputation, i.e., employees, for the first time. The findings provide vital information for restaurant management to boost their reputation in the market by engaging in E-CSR activities to strengthen their internal stakeholders.

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Section: Introductionmentioning

confidence: 99%

Relationship between Corporate Social Responsibility, Organizational Trust, and Corporate Reputation for Sustainable Performance

et al. 2022

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“…, 2020; Battisti et al. , 2022): H2: Relations between CSR behaviours and CSP results.Innovation is a significant driver of CSP (McWilliams and Siegel, 2000; Busch and Schnippering, 2022; Kim, 2022): H3: Relations between Innovation behaviours and CSP effects.…”

Section: Resultsmentioning

confidence: 99%

“…(3) Innovation is a significant driver of CSP (McWilliams and Siegel, 2000;Busch and Schnippering, 2022;Kim, 2022): H3: Relations between Innovation behaviours and CSP effects.…”

Section: Innovation In Ardakanmentioning

confidence: 99%

Innovation and corporate social responsibility during the Covid-19 in Ardakan (Iran)

Basile

Ardakani²,

Mazzitelli

et al. 2022

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PurposeIn developed countries, corporate social responsibility (CSR) has become an important element for firms, as CSR strategies enhance their competitiveness and corporate reputation, has CSR the same role in the emergent countries? To answer this question, the authors build a conceptual framework and focus their research on Iran's context with the aim to find an answer to the following research question: does CSR influence innovation processes and how much is it increasingly a cultural value in the same level of competitive ones? Therefore the purpose of this research is to study the role of CSR in firms operating in emergent countriesDesign/methodology/approachIn the pandemic era, CSR could be considered not what you do with your money once you have made it but how you make your money safeguarding environmental resources and answering community needs, in collaboration with other social and economic agents. While investigating CSR, we have to take into account the fact that different countries have different priorities and values that shape the way business operates.FindingsTo reach this aim, the authors carried out the research during the pandemic period, between September 2021 and December 2021, on almost 500 small and medium enterprises operating in Ardakan area in Iran, a simple random sample was surveyed by partial least squares-structural equation modelling.Originality/valueGiven the lack of empirical studies on the considered country, this research has attempted to determine the impact of CSR practices on innovation and, simultaneously, to check the effect of innovation on CSR practices, in order to test empirically whether there is a bidirectional relationship. Furthermore, the study reveals the importance of integrating social and economic stakeholders’ requirements and expectations about environmental and social concerns within a country in which the specific norms’ presence is weak.

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“…The relationship between corporate social responsibility and the institutional environment has been extensively discussed in the literature. However, the relationship between national governance and environmental disclosure in coordinated economies has not yet been studied (Kim, 2022; Schneider, 2020; Zaman et al , 2020). Studies when relating macroeconomic factors to environmental disclosure take a qualitative approach (Jain and Jamali, 2016).…”

Section: Introductionmentioning

confidence: 99%

The mirror effect: influence of national governance on environmental disclosure in coordinated economies

Pinheiro

Oliveira

Lozano

2022

JGR

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Purpose Based on the approach of the varieties of capitalism, this paper aims to investigate the influence of national governance characteristics on environmental disclosure. Design/methodology/approach This research analyzed companies based in coordinated economies, i.e. 1,815 companies from Austria, Belgium, Denmark, Finland, France, Germany, Italy, Japan, The Netherlands, Norway, Portugal, Spain and Sweden were investigated for the period 2009–2018. The authors created an index to measure environmental disclosure, and national governance was measured using the United Nations governance indicators. Findings The findings show that countries with greater transparency, democracy, citizen participation and government effectiveness tend to have companies with a greater environmental concern. The results allow us to conclude that the responsible behavior of companies is a mirror of the governance environment of the country where they operate. The findings have managerial implications. Practical implications Firms must be aware that institutional factors can influence their business. In institutional structures with low government effectiveness, little confidence in social rules and high levels of corruption, corporations tend to be less ethical. Originality/value This research used the varieties of capitalism approach to explain companies’ environmental disclosure. This is a recent approach to the institutional theory, and little explored in previous studies. Institutional level variables, such as governance indicators, can be used in other studies that analyze the relationship between institutional environment and corporate disclosure.

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Rethinking corporate social responsibility under contemporary capitalism: Five ways to reinvent CSR

Cited by 30 publications

References 130 publications

Relationship between Corporate Social Responsibility, Organizational Trust, and Corporate Reputation for Sustainable Performance

Relationship between Corporate Social Responsibility, Organizational Trust, and Corporate Reputation for Sustainable Performance

Innovation and corporate social responsibility during the Covid-19 in Ardakan (Iran)

The mirror effect: influence of national governance on environmental disclosure in coordinated economies

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