The thesis then examines the relationship between financial gain and csr as defined by. The influence of corporate social responsibility on business. A study of corporate social responsibility and its impact on performance of corporate sectors. As the interest in corporate social responsibility has had the ability to keep increasing and developing and the force that is gain by movement, scholars and practitioners have put effort to follow the progress, development and information of companies performance to accomplish. Management education can be an important source of new ideas. Journal of economics and management strategy, fall 2007, vol.
This thesis investigates the crossnational variation in governmental approaches to corporate social responsibility csr. This research aimed at investigating the impact of csr on organisational brand value. Originalityvalue this paper increases the understanding of the relationship between corporate governance and corporate social responsibility. Corporate social responsibility csr, also called corporate responsibility, corporate citizenship, and responsible business is a concept whereby organizations consider the interests of society by taking responsibility for the impact of their activities on customers, suppliers, employees, shareholders, communities and other stakeholders, as.
Despite the social problems deepened by the free market, capitalist discourse attempts to justify itself by adopting some. Corporate social responsibility and required returns167 5. The importance of corporate responsibility the importance of corporate responsibility is an economist intelligence unit white paper, sponsored by oracle. Csp aims to measure the contribution the social variable makes to economic performance. Pdf a study of corporate social responsibility and its. An overview and new research directions the idea of corporate social responsibility csr that is, businesses bearing a responsibility to society and a broader set of stakeholders beyond its shareholdersgained currency in the 1960s. Corporate responsibility or sustainability is therefore a prominent feature of the business and society literature, addressing topics of business ethics, corporate social performance, global corporate citizenship, and stakeholder management. Abstract of thesis corporate social responsibility and financial performance. The thesis explores and explains corporate social responsibility csr and its impact on the sustainable development of people living in a gold mining community, obuasi in the ashanti region of ghana. Defining corporate social responsibility csr analyses economic, legal, moral, social and physical aspects of environment. The economist intelligence unit bears sole responsibility for this report. Thematic issue on corporate social responsibility corporate social responsibility. Corporate social responsibility and financial performance digital. In the 90s, literature tried to find out answers to questions such as why some companies are doing well and if csr could be identified as a competitive advantage.
In this introductory paper to a new journal, i set the stage with a definition of corporate social responsibility csr followed by its relation to the literature and other definitions. Corporate social responsibility is the universal topic of these days as the exploiting organizations have a consideration on the globe they use for their business. Corporate social responsibility, community development, competencies of csr managers, multinational corporations, corporatesociety relations. This is to certify that the thesis titled impact of corporate social. Furthermore the research purpose of the thesis is specified followed by information about the structure of the thesis.
Master thesis the role of corporate social responsibility on. Csr has become a critical aspect in strategic decision making of a firm primarily due to financial scandals and a drop in investors confidence. Csr in a saudi arabian context list of abbrieviations assia applied social sciences index and abstracts ced committee for economic development cma the capital markets authority csr corporate social responsibility dti department of trade and industry eu european union gdp gross domestic product. Master thesis the role of corporate social responsibility.
From a south african context, one of the most recent means of measuring csr has been through. A case study of the mining community in the obuasi municipality by victoria mensah the master thesis is carried out as a part of the education at the university of agder and is therefore approved as such. The research which forms the basis of this thesis was inspired by my fascination with the private sectors response to the most recent wave of public pressure on corporations to address the negative social and environmental impacts of their operations. Stakeholders perception of csr initiatives stakeholders may belong to any of the following categories investors, employees, suppliers, consumers etc.
Corporate social responsibility csr has been found to positively affect the financial performance of firms. Corporate social responsibility and realised returns164 5. Corporate social responsibility page 1 foreword in the context of my premaster strategic management i have been working on this bachelor thesis. Throughout the 1990s, a number of high profile corporations such as nike, shell, and. Com, msc management thesis submitted in fulfilment of the requirement of the degree of doctor of philosophy victoria law school faculty of business and law victoria university melbourne march 2012. Corporate citizenship, corporate conscience, social performance and sustainable responsible business are the different names of corporate social responsibility. Submitted in partial fulfilment of the requirements for the degree. Corporate reputation is positively affected by the csr activities and the quality of. This thesis proposes that firms can gain increased organisational brand value and enjoy superior performance by incorporating csr as an integral component of their corporate brand building strategy. Apr 23, 2014 this research paper provides a theoretical investigation of the hypothesis that corporate social responsibility csr spending is an ideal lever for development therefore making it mandatory is effective on sustainable development. Corporate social responsibility csr is a much debated and ever changing topic. Nov 29, 20 masters thesis corporate social responsibility. Csr is the ideal of turning an organization into a citizen within the community it is working in, by making a concerted effort to commit services to their environment. Csr, or corporate social responsibility, which tries to satisfy both sides.
Pdf what is corporate social responsibility all about. In 20 the cocacola company announced their latest corporate social responsibility csr project. Corporate social responsibility and financial performance. Corporate social responsibility csr is a long and widely discussed concept in research and among practitioners. Corporate social responsibility research paper academic. Corporate social responsibility research paper academic master. Corporate social responsibility csr, determinants, stakeholder theory, legitimacy theory, resource dependence theory, agency theory, resource. Using corporate social responsibility csr to build brands. The main concern of this thesis is to problematize the socalled mutually beneficial relationship between free market mechanism and common good through the debates around corporate social responsibility csr. According to crane and matten 2007, in 1952 bowen earliest defined the term corporate social responsibility in writing that it refers to. However, firms are increasingly monitoring outcomes that are not tr aditional. Corporate social responsibility and company performance. Mining and corporate social responsibility in zambia.
Corporate social responsibility of indian it companies a study on csr activities of select companies corporate social responsibility abstract. Impact of csr initiatives on a companys bottom line assessment of effectiveness of c. Corporate social responsibility in the hospitality industry. An examination of the dow jones sustainability north american index this thesis explores the topic of corporate social responsibility csr and the relationship between csr and corporate profitability. This thesis conceptualises csr using the stakeholder theory approach as a brand. In the context of corporate companies such as hilton, the concept is usually applied acrosstheboard and does not always reflect cultural differences. Corporate social and social responsibility 83 words 6 pages. This thesis is an examination of the financial consequences of corporations engaging in socially responsible activities. This research paper provides a theoretical investigation of the hypothesis that corporate social responsibility csr spending is an ideal lever for development therefore making it mandatory is effective on sustainable development. An overview of corporate social responsibility 4 what is the business case for csr. Pasi tuominen the aim of the thesis is to discover whether scandic hotels is perceived as a leader in corporate social responsibility within the hospitality industry. Implementing corporate social responsibility 18 task 1.
It is a selfregulating mechanism whereby companies take account of social norms and local laws of country. I, kamal tilakasiri, declare that the phd thesis entitled corporate social responsibility and company performance. In the 1970s there are a wide range of references, increasingly being made to corporate social responsiveness, corporate social performance as well as corporate social responsibility. According to crane and matten 2007, in 1952 bowen earliest defined the term corporate social responsibility in writing that it refers to the obligations of businessmen to pursue those policies. Bachelor thesis in business administration, university of gothenburg, school of business, economics and law, management control, autumn semester 20 authors.
Stakeholders expectations, csr strategy, company growth. It has been accepted for inclusion in this collection by an authorized administrator. The skills and competences that i have learned during the last five months are very important to write the bachelor thesis and will eventually be useful for writing the master thesis. How do firms use corporate social responsibility to build. Using corporate social responsibility csr to build.
These differences may have an impact on the perception of csr, their activities and thus the acceptance of the concept. Sandy millar, christopher theunissen, 2008, p69 socially responsible organization takes action to ensure that their activities do not affect any of the. Envisioned for communities lacking access to safe drinking water, the ekocenter kiosks contain vaccine storage, wireless communication technology, clean drinking water, and cocacola products under the premise of social enterprise. It is motivated by the recognition that a socially responsible approach can. Latest analyses by secchi 2007 and lee 2008 reported that the definition of csr has been. Corporate social responsibility a case study about how to improve a companys csr work. The concept of corporate social responsibility csr has received much attention over several decades. Corporate social responsibility in a saudi arabian context.
The responsibility is not a legal requirement,but it is a way of portraying a good image to the public. What are the best research topics on corporate social. This thesis explores the topic of corporate social responsibility csr and the relationship. Through observations, document analysis and conduction of. The turn of events has pressurised firms to put serious efforts into a wide range of corporate social responsibility csr activities. This research is a contribution to the broader body of knowledge of csr in the mining sector in zambia. Practice, theory, and challenges article pdf available in vikalpa 372. This is to certify that the thesis titled corporate social.
The economist intelligence units editorial team executed the surveys, conducted the interviews and wrote the report. Although there is no commonly agreed upon exact definition of csr a common aspect in most definitions is that csr entails the voluntary integration of social and environmental concerns by businesses. Pdf this graduate research project entitled corporate social responsibility as a. Master thesis the role of corporate social responsibility on sustainable development.
Bachelor thesis corporate social responsibility a case study of ohrlings pricewaterhousecoopers johanna carlsson richard akerstom lulea university of technology bachelor thesis marketing department of business administration and social sciences division of industrial marketing and ecommerce 2008. Evidence from sri lanka is no more than 100,000 words in length including quotes and exclusive of tables, figures, appendices, bibliography, references and footnotes. The concept of corporate social responsibility has been around for over 50 years. Introduction the issue of corporate social responsibility csr has been debated since the 1950s. A new and empirically tested csrbrand strengthorganisational brand value conceptual framework was developed in this thesis. Advocates for socially responsible companies wanted to introduce some form of social business ethics with the purpose to get companies to take social responsibility. Social responsibility 2193 words 9 pages the social responsibility can be defined as the obligation of the organization to act in ways that serve both its own interests making a profit and the interests of its stakeholder. Corporate social responsibility effects on competitive. Corporate social responsibility or csr can provide organizations with benefits many benefits especially in relation to their working environments. The critics argued that companies should not be forced either by law or moral conventions.
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