The Corporate Social-Financial Performance Link: Evidence from Pakistan

Butt, Shahzad; Butt, Safdar Ali

doi:10.53369/pvga1050

Cited by 7 publications

(9 citation statements)

References 18 publications

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“…The studies by Zulfiqar et al [68] and Ali et al [86] have used social identity theory as depicted in the Table 2 below. The studies by Majeed et al [51]; Butt and Butt [57] and…”

Section: Critical Discussion On the Literaturementioning

confidence: 99%

“…This may be attributed to the satisfaction of the stakeholders that pays off to the firms. On the other way around, there may be slack resources perspective as there is a worthy circle between CSR and financial performance [8,57] meaning that both these constructs pay off each other. The true check for the acceptability of the relationship between CSR and financial performance needs attention in Pakistan.…”

Section: Critical Discussion On the Literaturementioning

confidence: 99%

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A Review on Corporate Social Responsibility (CSR) Constructs and Theoretical Debate in Pakistan

Alam¹,

Rashid²

2022

Corporate Governance - Recent Advances and Perspectives

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The purpose of this research paper is to review the complete CSR literature laying emphasis on CSR constructs and the theoretical perspectives in Pakistan. Collation of existing empirical and exploratory research has been used to make arguments about current status of academic CSR research. A total of sixty-five published articles on CSR from 2000 to 2021 have been reviewed. A thorough overview of CSR constructs highlighted that overall, the CSR constructs are not properly developed, and theoretical foundations are lacking. Corporate donations and philanthropy captured as CSR construct are still familiar among the researchers. It has been observed that the most recent literature is approaching towards maturity. The findings suggest that the lack of adequate explanation of theoretical foundations mislead the interpretation of results. There is partial support in the literature that CSR pays to the firms, as is depicted by the positive relationship between CSR and the facets investigated by the researchers but thorough emphasis is required on CSR measurement. The research can serve as basis for the beginning of an extensive exploration of CSR through the lens of theoretical perspectives and the strong theoretical foundations can result in a mature CSR construct and major contribution in the body of literature.

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“…The studies by Zulfiqar et al [68] and Ali et al [86] have used social identity theory as depicted in the Table 2 below. The studies by Majeed et al [51]; Butt and Butt [57] and…”

Section: Critical Discussion On the Literaturementioning

confidence: 99%

Section: Critical Discussion On the Literaturementioning

confidence: 99%

A Review on Corporate Social Responsibility (CSR) Constructs and Theoretical Debate in Pakistan

Alam¹,

Rashid²

2022

Corporate Governance - Recent Advances and Perspectives

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show abstract

“…The results of their study reveal that ethical leadership influences CSR which positively affects both commercial and operational performance. Similarly, Butt et al (2016) find CSR as a significant mediator between ethical leadership and organizational performance. Still, the mediation of CSR is neglected by most of the literature on the service sector aiming to identify the relationship between ethical leadership and organizational performance.…”

Section: Corporate Social Responsibility As Mediatormentioning

confidence: 92%

“…the banking sector) and pointed out that it plays an important role in organizational commitment. Similarly, Butt et al (2016) found that ethical leadership improves organizational performance. Therefore, on the basis of this discussion, the following hypothesis is formulated: H1.…”

Section: Literature Review and Hypotheses Developmentmentioning

confidence: 96%

Relationship of ethical leadership, organizational culture, corporate social responsibility and organizational performance: a test of two mediation models

Alkhadra

Khawaldeh

Aldehayyat

2022

IJOES

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Purpose The sound leadership style can be indicative of organizational success and explanatory of quality performance. Besides this, there are various factors that can impact organizational performance. To this end, this study aims to investigate the effect of ethical leadership on organizational performance, with the mediating role of corporate social responsibility (CSR) and organizational culture. Design/methodology/approach The service sector in Jordan was targeted by this research, and data were collected from 371 middle-level and top-level managers working in service companies. These responses were analyzed by using analysis of a moment structure. Findings The result conveyed that ethical leadership does not only influence organizational performance, but it also, and positively so, affects the organizational culture and CSR. In addition, CSR and organizational culture significantly mediate the relationship between ethical leadership and organizational performance. Practical implications The findings of this study are a guide for managers and owners of service companies who are aiming to enhance organizational performance. If they follow the ethical leadership approach and emphasize CSR initiatives and organizational culture, they can attain, and naturally so, the maximum level of organizational performance. Originality/value To the best of the authors’ knowledge, this research paper is the first to analyze ethical leadership in the context of the service sector in Jordan and highlight its influence on organizational culture, CSR and ultimately organizational performance. Moreover, it examined the mediating effects of organizational culture and CSR between ethical leadership and organizational performance.

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“…A large number of formal definitions are available for the term business ethics. For example, it has been defined as the application of principles of doing the right thing, in the right way, for the right reason (Butt, 2016), and as a right or wrong behavior (Lewis, 1985). This concept of right or wrong is determined by societal norms and values (Staub, 2013).…”

Section: Introductionmentioning

confidence: 99%

Business Response to Natural Disaster Mitigation (Covid-19): A Case From Pakistan

Javed

Said

2022

SAGE Open

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A company’s CSR attitude depends on the ethical values embraced and formally espoused by its Board and/or senior management. The response of corporates to natural disasters has proved to be beneficial for both for-profit organizations as well as society. There are several instances in the developed world where businesses played a leading role in both attempts to curb natural disasters as well as in helping people who suffered due to such disasters. However, in the developing world, the need for corporate participation in natural disaster mitigation is enhanced by the scarce resources of the relevant governmental agencies. Corporates can offer a helping hand in several ways, but perhaps one of the more effective steps is to spread awareness and knowledge about handling the various aspects of the disaster. Drawing from the available literature and underpinning the business ethics theories, this study aimed to explore business responses in Pakistan to constraint the Covid-19 pandemic. The study employs a two-step quantitative content analysis on Facebook as a research method. The findings are that the three selected industries (finance, telecommunication, and petroleum) remain more committed to their marketing efforts than paying due regard to the genuine need of spreading awareness and educating masses on protection against and/or handling Covid-19 pandemic. The public reaction to such less than adequate steps taken by the corporates provides a potent reminder of what people truly expect from corporates and how firms need to be more proactive toward response to a natural disaster.

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The Corporate Social-Financial Performance Link: Evidence from Pakistan

Cited by 7 publications

References 18 publications

A Review on Corporate Social Responsibility (CSR) Constructs and Theoretical Debate in Pakistan

A Review on Corporate Social Responsibility (CSR) Constructs and Theoretical Debate in Pakistan

Relationship of ethical leadership, organizational culture, corporate social responsibility and organizational performance: a test of two mediation models

Business Response to Natural Disaster Mitigation (Covid-19): A Case From Pakistan

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