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Journal articles on the topic 'Corporate Social Sustainability Culture'
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1
Schönborn, Gregor, Cecilia Berlin, Marta Pinzone, Christoph Hanisch, Konstantinos Georgoulias, and Minna Lanz. "Why social sustainability counts: The impact of corporate social sustainability culture on financial success." Sustainable Production and Consumption 17 (January 2019): 1–10. http://dx.doi.org/10.1016/j.spc.2018.08.008.
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Siyal, Saeed, Riaz Ahmad, Samina Riaz, Chunlin Xin, and Tang Fangcheng. "The Impact of Corporate Culture on Corporate Social Responsibility: Role of Reputation and Corporate Sustainability." Sustainability 14, no. 16 (August 15, 2022): 10105. http://dx.doi.org/10.3390/su141610105.
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The issues surrounding corporate sustainability (CS), which have gained importance in organizational theory and practice that could help in gaining a competitive advantage, are becoming complex and far-reaching. Competitive advantage could decline if CS will not be maintained. Various factors affect CS. Among those, corporate social responsibility (CSR) practices, organizational culture (OC), and reputation (R) are important factors to consider for improving corporate sustainability. Therefore, the current study objective was to investigate the impact of OC on CSR in the hospitality industry. In addition, the mediating role of R between CSR and CS has been analyzed. The data were collected through a self-administered questionnaire from 350 managers, who were working in the hospitality industry across the country, by using a convenient sampling technique to test the proposed hypotheses empirically and validate the findings. Using a cross-research design and a quantitative-research approach, the partial least squares structural equation modeling (PLS-SEM) findings indicated a positive impact by OC, CSR, and R on CS. Based on these findings, the study has practical and theoretical implications for researchers and practitioners. Moreover, the current study is also considered to be a pioneer study, contributing to the related findings in the previous literature specifically in the context of Pakistan.
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Marí Farinós, Jesús. "Enviromental responsability and corporate social responsability." VITRUVIO - International Journal of Architectural Technology and Sustainability, no. 1 (December 29, 2015): 87. http://dx.doi.org/10.4995/vitruvio-ijats.2015.4477.
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<p>The environmental management of companies and organizations in general is going to be internalized in the operation and management structures, linking conceptual and chronologically to improve corporate reputation, management excellence, knowledge and innovation. Embracing, undoubtedly too, with the assumption of an ethical commitment of the company to society: environmental sustainability and generational solidarity in the transmission of culture and values of that nature. The existing need to know the potential impact of business operations on society and the environment results in the appearance of a document, which may well be called a Sustainability Report or Social Balance, which is compiled from a series social indicators, which are the instruments responsible to reflect the value of the shares held by the company in social and environmental fields.</p>
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Savchenko, M. V., and O. V. Shkurenko. "Organizational Culture in the Context of the Development of Corporate Social Responsibility of Subjects of International Business." Management of Economy: Theory and Practice. Chumachenko’s Annals, no. 2020 (2020): 95–111. http://dx.doi.org/10.37405/2221-1187.2020.95-111.
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The preconditions for the formation of organizational culture in the context of corporate social responsibility development are determined. The influence of organizational culture on the activities of international business subjects is substantiated. The differences between organizational culture, culture of organization and corporate culture are shown. The approaches to the interpretation of the definition of “organizational culture” are characterized, as well as the most characteristic of its features. The important features of organizational culture as a factor in the development of corporate social responsibility are generalized, which include universality, informality, sustainability, multilevel and versatility, multidimensionality, which will allow the values to be coordinated in the formation of a certain type of organizational culture of international business entities.
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Arslan, Muhammad. "Corporate social sustainability in supply chain management: a literature review." Journal of Global Responsibility 11, no. 3 (April 13, 2020): 233–55. http://dx.doi.org/10.1108/jgr-11-2019-0108.
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Purpose Recently, sustainable supply chain management (SSCM) has generated significant interest and gained attention of practitioners and academics. The purpose of this paper is to explore different themes in the existing literature, which pertains to social sustainability (SS) in supply chains, to argue for the use of SS model and suggest further research directions. Design/methodology/approach In the study, the authors have undertaken extensive literature review (n = 171) and used thematic analysis to propose a model. Findings Through the extensive review and thematic analysis, the paper identifies eight themes, which include stakeholder pressure, sustainability culture, contingencies, sustainability practices, partnerships, drivers and barriers, sustainability performance and optimization, and develops a SS model called “five-factor sustainability model.” Furthermore, a list of potential research directions for five-factor sustainability model is discussed. Research limitations/implications The research is an attempt to explore different themes related to SS in supply chain and develop a model that is also applicable to economic and environmental sustainability. Originality/value The paper offers a new approach to SSCM literature, arguing for five-factor sustainability model and providing further research directions. Moreover, this model will help sustainability scholars to position and integrate their research within social, economic and environmental sustainability literature.
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Kantabutra, Sooksan. "Measuring corporate sustainability: a Thai approach." Measuring Business Excellence 18, no. 2 (May 13, 2014): 73–88. http://dx.doi.org/10.1108/mbe-02-2013-0015.
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Purpose – This study aims to measure the Thai approach of corporate sustainability. In the corporate world, the Thai philosophy of Sufficiency Economy can be applied to ensure corporate sustainability. Derived from the literature, a structural model expressing relationships between six independent variables of Sufficiency Economy indicators and three dependent variables of sustainability performance outcomes is formed accordingly, followed by hypotheses to be tested. Design/methodology/approach – The model is tested through a random sample of 294 chief executive officers (CEOs) in Thailand who were asked to respond to a questionnaire. Factor and regression analyses are adopted to test the hypotheses. Findings – Findings indicate that “perseverance” and “resilience” are two direct predictors of three sustainability outcomes of the firm’s enhanced capacity to deliver strong performance, endure social and economic crises and deliver public benefits. “Geosocial development” is a direct predictor of firm’s enhanced capacity to deliver public benefits and an indirect predictor of firm’s enhanced capacity to deliver strong performance and to endure social and economic crises. “Moderation” is an indirect predictor of the firm’s capacity to endure social and economic crises, while “sharing” is an indirect predictor of all three sustainability performance outcomes. Practical implications – Small- and medium-sized enterprises business leaders should develop a “perseverance” culture in their organizations and practice “resilience” to enhance their corporate sustainability prospect. Moreover, they should adopt “geosocial development”, “moderation” and “sharing” practices in their organizations, as these practices positively affect corporate sustainability performance directly or indirectly. Originality/value – This study is among the first few studies that identify corporate sustainability performance predictors.
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Raj, Anup, Andrei Kuznetsov, and Thankom Gopinath Arun. "Culture of Sustainability and Marketing Orientation of Indian Agribusiness in implementing CSR Programs—Insights from Emerging Market." Journal of Risk and Financial Management 13, no. 11 (November 2, 2020): 269. http://dx.doi.org/10.3390/jrfm13110269.
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The debate regarding the suitability of market orientation or culture of sustainability for corporate social responsibility (CSR) implementation and economic sustainability deserve much more scholarly attention as globalization and competition in emerging markets increases. Using qualitative content analysis of interviews with 28 senior managers of large agribusiness firms in India, this empirical article explores how market orientation or culture of sustainability affects CSR implementation, or vice versa? The findings of the study identify factors such as the nature of a firm’s business, sensitivity, commitment towards sustainable development, and pressure on profitability that prompt firms to adopt sustainability dominant, market dominant, and sustainability–market mixed corporate culture. Culture of sustainability dominant firms are likely to implement CSR more smoothly and effectively compared to firms that are driven by market orientation. Moreover, firms committed to substantial and consistent CSR are likely to induce culture of sustainability in firms. Finally, the study offers a framework that provides insights into how CSR program implementation and a culture of sustainability are complementary and could strengthen the economic sustainability of firms in emerging markets.
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Romero, Silvia, and Belen Fernandez-Feijoo. "Effect of Hofstede’s Cultural Differences in Corporate Social Responsibility Disclosure." International Journal of Information Systems and Social Change 4, no. 1 (January 2013): 68–84. http://dx.doi.org/10.4018/jissc.2013010105.
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This paper looks at culture differences in sustainability reporting among countries. The authors use data from the survey conducted by KPMG in 2008 within 22 countries, applying Hofstede’s framework. The authors find an effect of culture on the interest in highlighting the credibility of sustainability reports in different countries. Level of corporate social responsibility disclosure, on the other hand, does not change with cultural differences, but with the levels of enforcement of the regulations. The results are revealing, given that assurance statements are not mandatory. Companies in countries with collectivistic characteristics and low power distance do not need to increase their credibility in terms of the disclosure levels of corporate social responsibility; they are democratic and careful of their inner group. On the contrary, companies in countries with individualistic characteristics and high power distance need to run the extra mile to show their commitment and guarantee that their reporting on social responsibility is transparent.
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Singh, Shyam, Nathalie Holvoet, and Vivek Pandey. "Bridging Sustainability and Corporate Social Responsibility: Culture of Monitoring and Evaluation of CSR Initiatives in India." Sustainability 10, no. 7 (July 6, 2018): 2353. http://dx.doi.org/10.3390/su10072353.
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This study examines the continuum of sustainability and corporate social responsibility (CSR) policies, and analyzes broad patterns that have emerged with respect to monitoring and evaluation practices in the CSR programs of Indian companies under new CSR regulations. Under these regulations, the Indian firms are mandated to spend at least 2% of their profits on social and development sectors. We specifically analyze (i) how Indian companies have conceptualized the idea of sustainability in their annual sustainability reports, and how these ideas get reflected in their CSR policies, and (ii) the monitoring and evaluation practices in CSR interventions. The study uses both primary and secondary data sources, and employs text network analysis and narratives-based content analysis to analyze the data. We find that the conceptualization of sustainability is a largely rhetoric and customary exercise that does not take into account variations in firms’ businesses. This approach toward sustainability initiatives presents serious challenges to sustainability, including social sustainability. The study also finds that there is lack of ‘willingness’ and ‘readiness’ among Indian companies to measure and monitor the outcomes of CSR interventions, which is arguably one of the most robust ways to signal their commitment toward corporate sustainability. Although mandatory CSR spending is a recent phenomenon in India, our study establishes that it is only through the design of effective CSR policies that the best practices for Indian business community can emerge in the near future.
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Arrosquipa, Percy. "Corporate Sustainability through Stakeholders’ Engagement in Mining: Experiences from Shared Practices of Corporate Social Responsibility." Journal of Business Anthropology 10, no. 2 (November 7, 2021): 324–44. http://dx.doi.org/10.22439/jba.v10i2.6416.
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The shared practices of corporate social responsibility with local stakeholders is one of the few relevant experiences that are undertaken to contribute to sustainable development in a mining context of high social complexity. This study characterises the relationships with local stakeholders that allow them to carry out shared practices of Corporate Social Responsibility in the district of Pataz, La Libertad Region, in the north of Peru, through two case studies and data collection that included 23 local stakeholders working with the Mining Company. This applied research included interviews and participatory observation. The findings indicated that 80% of local entrepreneurs have shown their interest in carrying out shared practices of corporate social responsibility in education, environment, health, water and sanitation, respectively. The study describes the contribution of artisanal mining enterprises and local supplier enterprises in shared practices of social responsibility, within the locations where they carry out their business activities. This research enriches knowledge of experiences that promote a shared culture of corporate social responsibility and how attending to the social demands from the perspective of the local community and business risks from the perspective of the mining company. These two sometimes conflicting perspectives coexist and complement one another for corporate sustainability after overcoming certain local and corporate paradigms which facilitates contributing to the sustainable development of the surrounding communities.
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Wan, Peng, Xiangyu Chen, and Yun Ke. "Does corporate integrity culture matter to corporate social responsibility? Evidence from China." Journal of Cleaner Production 259 (June 2020): 120877. http://dx.doi.org/10.1016/j.jclepro.2020.120877.
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Wongsnuopparat, Sumas, and Wei Chunyang. "Corporate Sustainability: Study of Factors that Affect Corporate Towards Organizational Sustainability in Today Fast-Changing World." Journal of Management and Sustainability 11, no. 2 (June 7, 2021): 56. http://dx.doi.org/10.5539/jms.v11n2p56.
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Sustainability has always run through social and economic activities. As significant economies have competed for their interests in the past few years, this situation has caused a global economic depression. Additionally, this situation worsened due to the spread of the COVID-19 pandemic around the world. The international politics, economy, and Culture are undergoing unprecedented destruction and challenges from the COVID-19 pandemic that has caused businesses in many countries and regions to close or are about to face bankruptcy. More and more employees are getting laid off every day since the COVID-19 began. Even employees who are employed are feeling unsecured. So, in the face of uncertainties and difficulties facing corporations worldwide, we need to find a better way to extend the company's life cycle in a more structured and sustainable manner.
The main research question for this study is "What are the factors that have significant effects on organizational sustainability?" In this study, twelve independent variables including Leadership (L.S.), Management (M.N.), Culture (C.T.), Structure (S.T.), Workforce diversity (W.D.), Organizational age (O.A.), Staff age (S.A.), Mindset (M.S.), Technology (T.N.), Organizational dimension (O.D.), Group structure (G.S.), Business locations (B.L.) and one dependent variable called Sustainability (SUS) is the studied. This study aims to understand the structural relationships among these potential variables that could influence corporate sustainability. The dataset utilized to test the hypothesis postulated in this study using Structural Equation Models (SEM). This study suggested that the Leadership, Management, and Staffing Age significantly affects organizations towards organizational sustainability. Considering the different politics, economy, and cultural backgrounds in countries and industries, the study also found that some irreconcilable factors affect the performance of leadership, management, and staff ages. Thus, this study identified effective leadership, management, and staff age as strategies to lead organizations further towards organizational sustainability. The results of this study provide some valuable suggestions for all companies facing the COVID-19 threats right now to bring back to life and become more sustainable in the years to come and provide some evidence for future researchers to explore this field further.
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L. Kobo, Kgabo, and Collins C. Ngwakwe. "Relating corporate social investment with financial performance." Investment Management and Financial Innovations 14, no. 2 (August 21, 2017): 367–75. http://dx.doi.org/10.21511/imfi.14(2-2).2017.08.
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Previous researchers have found conflicting results between CSI and firm financial performance. This paper moves this debate further by examining the extent to which corporate social investment (CSI) relates with corporate financial performance (CFP) from a developing country perspective. The main aim of the paper was to determine the relationship between CSI, stock price, sales turnover and return on equity (ROE) amongst the socially responsible investing (SRI) companies in the Johannesburg Stock Exchange. CSI data on the SRI companies were collected from companies’ integrated reports from 2011 to 2015. Therefore, a cross-sectional panel data arrangement was applied and the analysis was conducted using the ordinary least square (OLS). Tested at an alpha level of 0.05, the regression result produced a probability level of P &lt; 0.01 for share price and sales turnover; and P = 10 for return on equity. Therefore, the findings revealed a strong positive and significant linkage between the SRI companies’ social investment, share price and sales turnover and no significant linkage with return on equity. These findings are consistent with previous literature findings reviewed in the paper on similar research conducted in developed countries, which showed positive and negative relationships. Findings from the literature indicate that various factors may account for conflicting results, which includes inter alia, time coverage, size of data, location, market sustainability awareness and culture. The paper contributes by revealing that whilst CSI may trigger improvement in stock price and sales turnover of SRI companies, the sales turnover might not necessarily result in boost in profit level that could engender enough return on equity within a short period time. The conflicting results from the literature is indicative of the inclusiveness in research between CSI and firm performance. Hence, the paper recommends further research to examine the relationship within a longer period of time using new sample of companies and other methods of analysis.
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Pasko, Oleh, Nataliia Lagodiienko, Nataliia Kudlaieva, Lesia Riabenko, and Nataliia Gerasymenko. "Does corporate governance moderate the effect of corporate social responsibility on a firm’s financial performance?" Problems and Perspectives in Management 20, no. 4 (December 28, 2022): 588–601. http://dx.doi.org/10.21511/ppm.20(4).2022.44.
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Drawing on the agency and resource dependence theories, the paper assumes that the impact of corporate social responsibility on companies’ financial performance should be investigated not in a binary manner but against the backdrop of corporate governance. The analysis is based on testing the dataset retrieved from the Chinese Stock Market and Accounting Research database containing 28,200 company-year observations of 3,576 Chinese listed companies covering 2008–2019. The findings accentuate that corporate social responsibility, interacting with board size, equity concentration, and CEO duality, positively impacts a firm’s financial performance. In contrast, the study fails to substantiate the claim that board gender diversity and board independence moderate the bond between corporate social responsibility and financial performance. Thus, by exploring five elements of corporate governance, this study takes a step forward in understanding exactly which elements of corporate governance best suit corporate social responsibility to enhance financial performance in China’s institutional settings. This study assists in filling the gap in corporate social responsibility research by displaying and corroborating the moderating effects of corporate governance attributes on the nexus between corporate social responsibility and financial performance in China. Therefore, this paper presents valuable information and details for companies and regulators alike to improve the impact of corporate social responsibility on financial performance by focusing on corporate governance quality. AcknowledgmentThis paper is co-funded by European Union through the European Education and Culture Executive Agency (EACEA) within the project “EU Best Practice Of Life Cycle Assessment, Social, Environmental Accounting And Sustainability Reporting 101047667 – EULASTING – ERASMUS-JMO-2021-HEI-TCH-RSCH” (https://bit.ly/3Bbvquw).
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Pasko, Oleh, Fuli Chen, Tetyana Kuts, Inna Sharko, and Natalia Ryzhikova. "Sustainability reporting nexus to corporate governance in scholarly literature." Environmental Economics 13, no. 1 (October 19, 2022): 61–78. http://dx.doi.org/10.21511/ee.13(1).2022.06.
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Sustainability reporting has become a practice of the majority and is decided by boards of directors as the supreme governing body in the decision-making process of companies. The paper provides a high-view picture and visualizes research to portray the historical shifts in sustainability reporting nexus to corporate governance through an analysis utilizing CiteSpace software on 935 articles published in Web of Science Core Collection from 2009 to 2021.The number of papers in the area has expanded, especially since 2013 (a branching point), while the study determines a type of bifurcation spot (the year 2017) that evinces the SR-CG field maturity. The study determined the dominant countries through affiliated to them researchers (the United Kingdom, Spain, Italy, China and Australia), the most esteemed journals (Journal of Business Ethics, Business Strategy and the Environment and Accounting, Auditing &amp; Accountability Journal), and the major co-occurrence of hot keywords (carbon disclosure project, environmental disclosure quality, integrated reporting, financial performance, foreign director, environmental reporting, public sector, sustainability assurance statement). The paper identifies principal issues where SR-CG research lags (dearth of those research in developing economies and geographical limitation of research) and unravels uncharted so far domains (jurisdictions-related studies) in the realm. Future research in the realm is likely to focus on ESG, disclosures and governance performance, as well as on specific areas (geography, industry, etc.), and will explore in depth the role of multiple factors together. This papers indicate the growing convergence between SR and CG in literature, and given predominance of ‘SR as a function of CG’ approach a more stalwart and sound CG framework could bring about more tenable SR practices. The paper puts forward an agenda for advancing forthcoming research in the realm of SR-CG interdependence. AcknowledgmentThis paper is co-funded by European Union through the European Education and Culture Executive Agency (EACEA) within the project “EU BEST PRACTICE OF LIFE CYCLE ASSESSMENT, SOCIAL, ENVIRONMENTAL ACCOUNTING AND SUSTAINABILITY REPORTING” 101047667 — EULASTING — ERASMUS-JMO-2021-HEI-TCH-RSCH https://bit.ly/3Bbvquw
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Nyuur, Richard, Ružica Brečić, and Patrick Murphy. "Managerial Perceptions of Firms’ Corporate Sustainability Strategies: Insights from Croatia." Sustainability 12, no. 1 (December 27, 2019): 251. http://dx.doi.org/10.3390/su12010251.
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Although corporate social responsibility (CSR) has gained increasing academic attention, we lack a solid understanding of how managerial perceptions underpin firms’ sustainability practices. This study interprets and sheds light on managers’ perceptions of sustainability activities under various stakeholder domains in Croatia through a multi-theoretical approach. Using 21 semi-structured interviews with managers, the study reveals that sustainability activities in the research context tend to focus more on environmental issues and customer service, as well as employees and supplier domains. The study further establishes three distinct levels of sustainability commitments by firms. These stages include sustainability as a minimal response, corporate culture-driven, and committed response. These findings, as a whole, are insightful and enable us to advance research on sustainability by elucidating how managerial perceptions underpin firms’ strategic sustainability activities. The contributions to theory and practice are also discussed.
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Sievers, Georg. "Sustainability in Corporate Practice Certification Based on Din and Iso." European Journal of Economics and Business Studies 7, no. 2 (October 8, 2021): 31. http://dx.doi.org/10.26417/411vgz16b.
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The term sustainability is increasingly evolving as a buzzword and is frequently used in a manner which is different to its original meaning. Building upon the triple bottom line discussion one can however ascertain that the current social, ecological and economic challenges represent fundamental issues for the corporate context. In this manner it is a matter of business sustainability (BST)/ "Corporate Sustainability" (CS) and the significance for "Sustainable Development" (SD) in an enterprise. SD can therefore be an expression of ethical thinking and conduct within an enterprise which means that sustainability should be embedded firmly in corporate strategies and role models and must be the object of all forms of corporate/political decision-making. In this manner a company meets the requirements of so-called sustainability ethics which represents a combination of ethical thoughts and sustainable objectives. In this regard certification in the company based on the German industrial norm (DIN)/ the instructions of the International Standard Organization (ISO) can help to ensure the implementation of sustainability in the company. However, these activities cannot merely be ticking off checklists but must be implemented in the context of the corporate culture.
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Appelbaum, Steven H., Regina Calcagno, Sean Michael Magarelli, and Milad Saliba. "A relationship between corporate sustainability and organizational change (Part One)." Industrial and Commercial Training 48, no. 1 (January 4, 2016): 16–23. http://dx.doi.org/10.1108/ict-07-2014-0045.
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Purpose – In the present kaleidoscopic business landscape the concepts of corporate sustainability are increasingly affecting corporations’ relationships with society and shaping how business leaders interpret changes to their organizations. The path to sustainability is best viewed as an organizational change initiative for which the “how” and “why” must be considered. Broadly, change initiatives have a notably poor success rate, which is likely related to discord between an initiative and the people undertaking it. Corporate sustainability is a transformational change that impacts business culture and a firm’s relationship with its community. The purpose of this paper is to examine the corporate-societal relationship to better understand implications of undertaking sustainability change initiatives in today’s global environment in this three-part paper in terms of value creation, for whom, and how sustainability is becoming an increasingly significant portion of this equation. First, a basis for corporate sustainability and the concepts surrounding who the stakeholders need to be examined, after which the reasons for attempting sustainability, in terms of value creation, and considerations for the implementation (culture, identity, attachment) of said change initiative will be explored. Design/methodology/approach – Empirical and practitioner research papers were reviewed to: illustrate the meaning and approaches to corporate sustainability; and analyze how organizational change initiatives can best be used to facilitate organizational transformation. Findings – There is no consensus on the meaning of corporate sustainability, rather there continues to be an evolution of ideas and theories shaping the evolution of corporate sustainability. To implement any form of corporate sustainability requires that managers understand their objective and the cultural and psychological barriers of organizational change. Better engagement with those undertaking organizational change and clear articulation of the change’s purpose can better lend themselves to an initiative’s success. However, there is no panacea and managers must recognize that approaches may need to be altered. Research limitations/implications – Research tends to occupy one of two spheres, either corporate sustainability or change initiatives. More linkage between these two concepts and empirical research of the effectiveness of organizational change practices for corporate sustainability is needed. Practical implications – A better understanding of organizational change theories, practices, and procedures may benefit managers and organizations that endeavor to realize corporate sustainability. Social implications – Given the implications of recent corporate collapses and their perceived malice, there is now greater thought about the role these organizations have in society. Concepts regarding shared value and mutual benefit to society and corporations can be expected to remain at the forefront of the public decorum. Originality/value – This paper sought to draw stronger ties between corporate sustainability and organizational change, highlighting that the two are codependent.
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Appelbaum, Steven H., Regina Calcagno, Sean Michael Magarelli, and Milad Saliba. "A relationship between corporate sustainability and organizational change (part two)." Industrial and Commercial Training 48, no. 2 (February 1, 2016): 89–96. http://dx.doi.org/10.1108/ict-07-2014-0046.
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Purpose – In the present kaleidoscopic business landscape the concepts of corporate sustainability are increasingly affecting corporations’ relationships with society and shaping how business leaders interpret changes to their organizations. The path to sustainability is best viewed as an organizational change initiative for which the “how” and “why” must be considered. Broadly, change initiatives have a notably poor success rate, which is likely related to discord between an initiative and the people undertaking it. Corporate sustainability is a transformational change that impacts business culture and a firm’s relationship with its community. To better understand implications of undertaking sustainability change initiatives in today’s global environment the corporate-societal relationship needs to be examined in this three-part paper in terms of value creation, for whom, and how sustainability is becoming an increasingly significant portion of this equation. First, a basis for corporate sustainability and the concepts surrounding who the stakeholders need to be examined, after which the reasons for attempting sustainability, in terms of value creation, and considerations for the implementation (culture, identity, attachment) of said change initiative will be explored. The paper aims to discuss these issues. Design/methodology/approach – Empirical and practitioner research papers were reviewed to illustrate the meaning and approaches to corporate sustainability and analyze how organizational change initiatives can best be used to facilitate organizational transformation. Findings – There is no consensus on the meaning of corporate sustainability, rather there continues to be an evolution of ideas and theories shaping the evolution of corporate sustainability. To implement any form of corporate sustainability requires that managers understand their objective and the cultural and psychological barriers of organizational change. Better engagement with those undertaking organizational change and clear articulation of the change’s purpose can better lend themselves to an initiative’s success. However, there is no panacea and managers must recognize that approaches may need to be altered. Research limitations/implications – Research tends to occupy one of two spheres, either corporate sustainability or change initiatives. More linkage between these two concepts and empirical research of the effectiveness of organizational change practices for corporate sustainability is needed. Practical implications – A better understanding of organizational change theories, practices, and procedures may benefit managers and organizations that endeavor to realize corporate sustainability. Social implications – Given the implications of recent corporate collapses and their perceived malice, there is now greater thought about the role these organizations have in society. Concepts regarding shared value and mutual benefit to society and corporations can be expected to remain at the forefront of the public decorum. Originality/value – This paper sought to draw stronger ties between corporate sustainability and organizational change, highlighting that the two are codependent.
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Appelbaum, Steven H., Regina Calcagno, Sean Michael Magarelli, and Milad Saliba. "A relationship between corporate sustainability and organizational change (part three)." Industrial and Commercial Training 48, no. 3 (March 7, 2016): 133–41. http://dx.doi.org/10.1108/ict-07-2014-0047.
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Purpose – In the present kaleidoscopic business landscape the concepts of corporate sustainability are increasingly affecting corporations’ relationships with society and shaping how business leaders interpret changes to their organizations. The path to sustainability is best viewed as an organizational change initiative for which the “how” and “why” must be considered. Broadly, change initiatives have a notably poor success rate, which is likely related to discord between an initiative and the people undertaking it. Corporate sustainability is a transformational change that impacts business culture and a firm’s relationship with its community. The purpose of this paper is to better understand implications of undertaking sustainability change initiatives in today’s global environment the corporate-societal relationship needs to be examined in this three part paper in terms of value creation, for whom, and how sustainability is becoming an increasingly significant portion of this equation. First, a basis for corporate sustainability and the concepts surrounding who the stakeholders need to be examined, after which the reasons for attempting sustainability, in terms of value creation, and considerations for the implementation (culture, identity, attachment) of said change initiative will be explored. Design/methodology/approach – Empirical and practitioner research papers were reviewed to illustrate the meaning and approaches to corporate sustainability and analyze how organizational change initiatives can best be used to facilitate organizational transformation. Findings – There is no consensus on the meaning of corporate sustainability, rather there continues to be an evolution of ideas and theories shaping the evolution of corporate sustainability. To implement any form of corporate sustainability requires that managers understand their objective and the cultural and psychological barriers of organizational change. Better engagement with those undertaking organizational change and clear articulation of the change’s purpose can better lend themselves to an initiative’s success. However, there is no panacea and managers must recognize that approaches may need to be altered. Research limitations/implications – Research tends to occupy one of two spheres, either corporate sustainability or change initiatives. More linkage between these two concepts and empirical research of the effectiveness of organizational change practices for corporate sustainability is needed. Practical implications – A better understanding of organizational change theories, practices, and procedures may benefit managers and organizations that endeavor to realize corporate sustainability. Social implications – Given the implications of recent corporate collapses and their perceived malice, there is now greater thought about the role these organizations have in society. Concepts regarding shared value and mutual benefit to society and corporations can be expected to remain at the forefront of the public decorum. Originality/value – This paper sought to draw stronger ties between corporate sustainability and organizational change, highlighting that the two are codependent.
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Thorisdottir, Thorey S., and Lara Johannsdottir. "Corporate Social Responsibility Influencing Sustainability within the Fashion Industry. A Systematic Review." Sustainability 12, no. 21 (November 4, 2020): 9167. http://dx.doi.org/10.3390/su12219167.
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The fashion industry, one of the largest industries in the world, is a complicated phenomenon, driven by aspirations of symbolic lifestyle and the creativity of architecture and design. It pushes the use of natural resources to its limits by mass production and a low-cost structure that motivates consumerism at large. The purpose of this study is to explore corporate social responsibility and how it influences sustainability within the fashion industry. A systematic literature review was carried out. This encompassed the academic publications available in two scientific databases focusing on Corporate Social Responsibility (CSR), sustainability, and fashion, covering the period 2003–2019. The findings indicate that the CSR approach taken by managers within the fashion industry is focused on sustainability, business models, and/or supply chain innovation, with commitments undertaken concerning the economy, environment, and/or society, wherein the production of eco-friendly products and workers’ safety are emphasized. Actions that tie CSR and sustainability with companies’ actions are presented in a micro-meso-macro framework, where brand equity, culture, supply chain management, activism, and human rights are evident. The findings of the study are relevant for academia, practitioners, and policymakers, as they provide insight into the operations and impacts of domestic and multinational fashion companies, outlining the most relevant studies on the topic, and also highlighting research trends and gaps in the field.
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Helma Malini and Yulistri. "Analyzing Good Corporate Governance and Corporate Social Responsibility of Church of Batak Karo Protestant Using Financial and Ethnographic Approaches." International Journal of Business and Society 23, no. 3 (December 19, 2022): 1516–34. http://dx.doi.org/10.33736/ijbs.5179.2022.
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This study was conducted with the assumption that good corporate governance and corporate social responsibility in organizations will help organizations achieve long-term sustainability. Previously, good corporate governance and corporate social responsibility were primarily applied to corporations with the goal of remaining profitable, whereas non-profit organizations must remain financially viable in order to serve their members and communities. The focus of this study is on the church as a religious institution that also serves as a non-profit corporation. Data was gathered using a quantitative and qualitative mixed method approach. The quantitative data analysis method employs Ritchie and Kolodinsky's Financial Performance Ratios, which include Fiscal Performance, Public Support, and Investment Performance Ratios, as well as an interpretative paradigm with ethnographic methods for qualitative research. The study's findings demonstrate that financial performance, as evaluated by Ritchie and Kolodinsky financial ratios, has been erratic, with a propensity to decline in 2017 due to a change in church management. The interviews revealed that the Church of Batak Karo Protestant practices good corporate governance and corporate social responsibility, which have a favourable impact on financial performance. To gain public trust, the Church of Batak Karo Protestant must continually enhance its Good Corporate Governance and Corporate Social Responsibility. This study also found that the Karo tribe's culture has a significant impact on the Church of Batak Karo Protestant's application of Good Corporate Governance and Corporate Social Responsibility. The policy recommendations in this study for the Church of Batak Karo Protestant are to establish a standardized and integrated management system that incorporates Good Corporate Governance and Corporate Social Responsibility, as well as the assimilation of Karo culture, based on the findings.
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Camilleri, Mark Anthony. "Corporate sustainability and responsibility toward education." Journal of Global Responsibility 7, no. 1 (May 9, 2016): 56–71. http://dx.doi.org/10.1108/jgr-08-2015-0015.
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Purpose This paper aims to deliberate on how corporate social responsibility (CSR) ought to be reconceived for better educational outcomes. It suggests that there are win-win opportunities for corporations and national governments to nurture human capital and address any skill gaps and mismatches in the labour market. Design/methodology/approach The businesses’ involvement in setting curriculum programmes may help to improve the quality and effectiveness of extant educational systems. This contribution reports on how different organisations are already engaging in responsible behaviours with varying degrees of intensity and success across many contexts. Findings Many firms are often training and sponsoring individuals to pursue further studies for their career advancement. It also indicated that there are businesses that are engaging in laudable behaviours to attract prospective employees. Moreover, this paper contends that the provision of education, professional development and training will boost the employees’ morale and job satisfaction, which may, in turn, lead to lower staff turnover rates and greater productivity levels in workplace environments. Social implications This contribution implies that organisational cultures and their business ethos could be attuned with the governments’ educational policies to actively respond to the diverse needs of today’s learners and tomorrow’s human resources. Originality/value There is a business case for CSR as the corporations’ strategies realign their economic success with societal progress. Arguably, there is potential that such responsible behaviours can bring reputational benefits, enhance the firms’ image among external stakeholders and could lead to a favourable climate of trust and cooperation within the company itself.
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Perlangeli, Genni, and Andrea Rea. "Branding in Sustainability." International Journal of Marketing Studies 14, no. 2 (August 16, 2022): 47. http://dx.doi.org/10.5539/ijms.v14n2p47.
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Purpose: A recent report published by Shelton Group, Sustainability(S) is rated for as an important brand purchase decision (P) criterion for 60 percent of consumers. The objective of this research is to investigate how differences affect consumers’ online and offline behaviors.
Design/methodology/approach: Through sentiment analysis of corporate website Brand Sustainability Strategies (BSS) is explored in the store level and in the social media platform level with a dedicated survey about S and the positive impact on their P.
Findings: This study demonstrates how the millennials generation experience through virtual interaction (VI) leverage on P and improve the Customer Brand Experience (CBE), focuses on Lego and Adidas
Originality/value: The paper contributes to study a topic more interesting in this period and in addition underlines the culture emerged among the online and the offline P in the relation with the strategies of the customer journey.
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Salvioni, Daniela M., and Alex Almici. "Transitioning Toward a Circular Economy: The Impact of Stakeholder Engagement on Sustainability Culture." Sustainability 12, no. 20 (October 19, 2020): 8641. http://dx.doi.org/10.3390/su12208641.
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The circular economy transition increasingly points to the need for a change in corporate culture, namely toward sustainability. This change can be supported by improving relations with relevant stakeholders, engaging comprehensively with them, and creating strong awareness about issues such as ecosystem protection, health-related safeguards, and the careful use of resources. In this regard, through stakeholder engagement and a review of traditional business models, the circular economy can contribute to transforming the corporate culture to ensure the concurrent enhancement of economic, social, and environmental dimensions. This study verified the role of stakeholder engagement in establishing and strengthening the sustainability culture in a company transitioning toward a circular economy. The case study research methodology was applied, referencing a single firm—operating in the oil and energy industry—representing one of the best practices in the international context, even if some efforts are still required to reduce downstream emissions. The findings underline the contributing role played by stakeholder engagement in establishing values and principles compliant with environmental protection and community wellbeing. Thus, this study contributes to the existing stakeholder engagement literature and sheds light on the practical implications and emerging issues.
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Muja, Naser, Steven H. Appelbaum, Tara Walker, Said Ramadan, and Tolu Sodeyi. "Sustainability and organizational transformation: putting the cart before the horse? (part one)." Industrial and Commercial Training 46, no. 5 (July 1, 2014): 249–56. http://dx.doi.org/10.1108/ict-02-2013-0007.
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Purpose – Global corporate strategies are revealing the boundaries of organizational capabilities and the limits of the natural resource capacity that is needed to sustain business operations. Sustainability has emerged as a strategic response adopted by many corporations to reduce resource dependency and consumption costs in an effort to secure existence as a going concern while also demonstrating corporate citizenship. The paper aims to discuss these issues. Design/methodology/approach – This two-part paper will present a review of recent findings relevant to sustainability and change management was performed in order to develop a better understanding of factors that may hinder corporate adoption of sustainability, the role of sustainability in transformational change, and the change management challenges involved in integrating sustainability within corporate culture. Findings – For a growing number of organizations, sustainability has recently been elevated from “doing” to the level of “being”, which involves integration into their mission, vision and shared values. Corporate leaders and governing bodies play a critical role as champions in the implementation of sustainability for organizational transformation. Research limitations/implications – The limited number of examples of organizations fully embracing sustainability at a vision level stems from the fact that most executives do not fully understand the issues and do not know how to devise the governance or strategies needed to adopt a more sustainable path. However, the research points to the fact that there is a recognized shortage of empirical research work specifically focused on sustainability change and effective business cases. Practical implications – Organization development practitioners have a significant role in helping firms implement sustainability-focused transformations. Social implications – Given the economic, ecological and social imperatives, there is urgency for firms around the world, both big and small, to adopt effective sustainability strategies that add value for stakeholders while reducing resource demand. Originality/value – The research points to the fact that there is a recognized shortage of empirical research work specifically focused on sustainability change including limited examples of effective business cases.
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Muja, Naser, Steven H. Appelbaum, Tara Walker, Said Ramadan, and Tolu Sodeyi. "Sustainability and organizational transformation: putting the cart before the horse? (Part Two)." Industrial and Commercial Training 46, no. 6 (August 26, 2014): 307–14. http://dx.doi.org/10.1108/ict-02-2013-0008.
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Purpose – Global corporate strategies are revealing the boundaries of organizational capabilities and the limits of the natural resource capacity that is needed to sustain business operations. Sustainability has emerged as a strategic response adopted by many corporations to reduce resource dependency and consumption costs. The purpose of this paper is to secure existence as a going concern while also demonstrating corporate citizenship. Design/methodology/approach – This two-part paper will present a review of recent findings relevant to sustainability and change management was performed in order to develop a better understanding of factors that may hinder corporate adoption of sustainability, the role of sustainability in transformational change, and the change management challenges involved in integrating sustainability within corporate culture. Findings – For a growing number of organizations, sustainability has recently been elevated from “doing” to the level of “being”, which involves integration into their mission, vision and shared values. Corporate leaders and governing bodies play a critical role as champions in the implementation of sustainability for organizational transformation. Research limitations/implications – The limited number of examples of organizations fully embracing sustainability at a vision level stems from the fact that most executives do not fully understand the issues and do not know how to devise the governance or strategies needed to adopt a more sustainable path. However, the research points to the fact that there is a recognized shortage of empirical research work specifically focussed on sustainability change and effective business cases. Practical implications – Organization development practitioners have a significant role in helping firms implement sustainability-focussed transformations. Social implications – Given the economic, ecological and social imperatives, there is urgency for firms around the world, both big and small, to adopt effective sustainability strategies that add value for stakeholders while reducing resource demand. Originality/value – The research points to the fact that there is a recognized shortage of empirical research work specifically focussed on sustainability change including limited examples of effective business cases.
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Das, Maitreyee, K. Rangarajan, and Gautam Dutta. "Corporate sustainability in SMEs: an Asian perspective." Journal of Asia Business Studies 14, no. 1 (January 6, 2020): 109–38. http://dx.doi.org/10.1108/jabs-10-2017-0176.
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Purpose The purpose of this paper is to do a thorough literature review to assess the current status of corporate sustainability (CS) practices, issues and challenges in small and medium enterprises (SMEs) and based on literature suggest a model that can improve and strategically manage their sustainability practices in the emerging market context of Asia. Design/methodology/approach After setting the theoretical background on why the corporations need to shoulder the responsibility of sustainable development, the authors did a high level literature review to estimate the gap area and based on the findings formulated some research questions on why the SMEs, more specifically those in Asian emerging market, are lagging behind in terms of CS practices. Next, using the “literature survey” as the methodology the authors did a thorough in-depth literature review to answer the above research questions and organised the findings in light of those research questions. Considering the research gap and the crucial role of SMEs in a country’s economic progress the authors restricted the literature search on CS in the case of SMEs only. Findings CS is a well-practiced area in big organisations. However, the literature suggests that in the case of SMEs the situation is different. Social and environmental practices are grossly neglected in SMEs more specifically in emerging markets. Existing literature mentions that collaborative mode of operation, government policy and facilitation, supporting organisation culture can positively influence SME’s sustainability performance, and hence, improve their financial performance. Research limitations/implications The conceptual model has been developed based on suggestions and recommendations in western countries context. To establish the validity of the model in the Asian business scenario it needs to be tested with a sizable sample of SMEs in the Asian market. Practical implications The current paper has practical implications both for academic research on sustainable development and also in business development. The proposed model in the current form is based on the literature survey only. Once such a model is empirically established this can be proved beneficial for providing guidance to SMEs to enhance the sustainability of their business operations. Moreover, environmental and social best practices adopted by SMEs will also have a positive influence on society and the environment in the long run. Originality/value This paper had done a country-wise comparison of sustainable practices in SMEs and based on the recommendations and suggestions of different scholars as found in the detailed literature review, the authors developed few research propositions and also presented a conceptual model. Finally, to address the gap it mentions some future research possibilities to test and validate the proposed model in the context of SMEs in emerging markets of Asia.
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Zimon, Grzegorz, Arash Arianpoor, and Mahdi Salehi. "Sustainability Reporting and Corporate Reputation: The Moderating Effect of CEO Opportunistic Behavior." Sustainability 14, no. 3 (January 23, 2022): 1257. http://dx.doi.org/10.3390/su14031257.
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The present study’s main objective is to assess the impact of non-financial sustainability reporting (NFSR) on corporate reputation and the role of the CEO in the opportunistic behavior of companies listed on the Tehran Stock Exchange. In total, 178 firms were assessed for this paper during 2013–2020. In this study for calculating the NFSR, environmental sustainability reporting (ESR), social sustainability reporting (SSR), governance sustainability reporting (GSR) and ethical sustainability reporting (ETSR), Arianpoor and Salehi’s comprehensive and conceptual model has been used. In addition, the literature states that a CEO’s power can be classified as an opportunity for discretion and opportunistic behavior in CEOs that is in contrast with stakeholder demands. To this end, in this study, CEOs’ power has been used as an indicator for the CEO’s opportunistic behavior, and the CEO pay slice (CPS) index was used to calculate the CEO’s level of power. The results revealed that NFSR affects corporate reputation positively. In addition, ESR, SSR, ETSR and GSR positively affect corporate reputation. Moreover, the CEO’s power affects the relationship between NFSR/ESR/SSR/ETSR and corporate reputation. Because managers desire to engage in social and ethical activities, they try to hide the company’s errors and increase its reputation. The results revealed that the CEO’s power did not affect the relationship between GSR and corporate reputation. Since companies in the Tehran Stock Exchange are under intensive supervision, such as in governance, the impact of a CEO’s power and the interaction of a CEO’s power and GSR on company reputation in this study might, thus, not apply to these companies. It is crucial to investigate NFSR, corporate reputation and CEO power within Iran-specific conditions because of differences in emerging markets and developing countries such as Iran, which have diverse ownership structures, economic status, legal systems, government policies, and culture.
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Kulcsár, Alexandra. "Corporate social responsibility through the example of Wanhua-Borsodchem Zrt." Multidiszciplináris tudományok 11, no. 5 (2021): 386–401. http://dx.doi.org/10.35925/j.multi.2021.5.42.
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By 2012, BorsodChem, a well-known chemical plant in Northern Hungary was acquired by Wanhua Industrial Group making the largest investment in Europe. Wanhua is listed among the top 500 enterprises in China and by the end of 2019 its net assets reached 42 billion CNY. At the peak of globalization, it is becoming a high priority especially for multinational enterprises to direct from profit driven strategy towards becoming corporate citizens, and handling the responsibilities required, expected, and desired by society. You cannot put the same shoe on every foot, proves to be true to companies with different fields and backgrounds, that is each company needs to clarify their corporate culture, and aims for the sake of sustainability. The strategy and philosophical background behind the corporate social responsibility (CSR) of Chinese-owned enterprises differ from the Western standards and focus to follow the teachings of Confucius, creating a unique CSR with Chinese characteristics. This article aims to show some insight into a part of the CSR strategy of Wanhua.
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Tasleem, Muhammad, Nawar Khan, and Asim Nisar. "Impact of technology management on corporate sustainability performance." International Journal of Quality & Reliability Management 36, no. 9 (October 7, 2019): 1574–99. http://dx.doi.org/10.1108/ijqrm-01-2018-0017.
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Purpose Corporate sustainability is an evolutionary strategic management concept that has now attained much attention both in literature and practice. In the present globalization and digital age, the competitive strengths of technology management (TM) and TQM practices are widely accepted but to what extent these strategies can interact and impact the sustainability performance is unknown. The purpose of this paper is to portray the significant role of TM and TQM in pursuing corporate sustainability performance (CSP) and to investigate their integrated relationship as a common framework. Design/methodology/approach This is a survey-based empirical research that has been carried out by means of development of a survey questionnaire and its distribution to multifaceted business organizations in a developing country. Random sampling technique was used for the data collection from companies registered with the Securities and Exchange Commission of Pakistan (SECP). Response from 209 companies was found useful for analysis in the study. After confirming the questionnaire items for reliability and validity (content, criterion-related and construct validity) correlation, regression, factor analysis, path analysis and mediation analysis were performed through SPSS and AMOS to assess the composition and causal association of factors. Findings Statistical results show that TQM does not only significantly impact CSP but also has an impact on each CSP dimension (economical, social and environmental sustainability performance), whereas TM has an insignificant direct effect on CSP and impacts economical sustainability dimension only. From nine hypotheses, two hypotheses are rejected suggesting that TM does not directly impact social and environmental sustainability. However, when mediation analysis was run by taking TQM as a mediator, the total effect of TM on CSP found significant suggesting that TQM significantly impacts the relationship. Research limitations/implications Paucity of response data can be a limitation for such empirical research. Due to practical limitations and risks in the data presentation of mixed cultural dimensions, the data was collected only from in country organizations. Moreover, respondents in the local country do not keenly participate in such surveys because of a gap between the industry and academia. Practical implications The study attempts to examine the practice and performance levels of CSP, TQM and TM among multi industries, thereby, extending a better understanding of the prevailing situation with regards to these concepts in a developing country. Though the results of the study confine local inferences but the findings can be generalized to other part of the world if further research is carried out with more data. Social implications The study outcomes draw the attention of the country’s executive leadership and the industrial boards toward the implementation of the most top-ranked agenda of sustainability performance in connection to quality and TM practices. One of the major findings reveals that local organizations are primarily more focused toward economical sustainability dimension, however, benefits of economical stability can be improvised to attain environmental and social sustainability performances with desired concentration on technology advancement and TQM culture and practice. Originality/value The study is unique in the prescribed scope which has been carried out in a developing country with focus on strategic concepts, and their interacted relationship, of CSP, TQM and TM in form of proposed research framework. This framework can be used or further investigated for validation, by practitioners and managers working to lead sustainability management in respective areas.
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Baldarelli, Maria-Gabriella, and Mara Del Baldo. "The Implementation of Sustainability Reporting in SGR Group." International Journal of Social Ecology and Sustainable Development 4, no. 2 (April 2013): 48–72. http://dx.doi.org/10.4018/jsesd.2013040104.
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The implementation of sustainability reporting entails contradictory elements that can involve greenwashing or corporate governance procedures modifications, as well as the mission and accounting system of a company. Based on the premise in this paper, the authors show the end of a first step of research process and answer the question: How does the introduction of a Sustainability Report (SR) transform mission, governance and accountability of enterprises? Attention is focused on the implications of the process of social and sustainable accountability with respect to the values order, structure and tools of governance, and those used to account for and hold the stakeholders accountable for the results, modality, and objectives which characterize the accountability of corporate activity. The deductive research approach is based on an analysis of the literature regarding sustainability development and sustainability reporting. The inductive method is based on the analysis of a research case related to an Italian multi-utility company: SGR Group. The analysis carried out focused on features of the sustainability process started by the company and interpreted it as the challenge launched by the Group to contribute to create, through its own activities, a civil economy which is typical of the corporate culture of responsibility and sustainable market economy built on the civil corporation.
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Sarmawa, I. Wayan Gde, Ida Ayu Oka Martini, and Ida Ayu Putu Widani Sugianingrat. "Effect of Corporate Social Responsibility on Business Sustainability: The Dual Mediation." Jurnal Economia 17, no. 2 (October 30, 2021): 249–66. http://dx.doi.org/10.21831/economia.v17i2.36091.
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Abstract: Companies are constantly trying to maintain customer trust and loyalty in an effort to preserve business sustainability. Implementing environmental concerns in the form of Corporate Social Responsibility (CSR) is expected to achieve both of these aims. This study aims to analyze the roles of CSR, customer trust, and customer loyalty in business sustainability. Questionnaires were filled by 10 customers from each of 100 Rural Banks spread over 9 districts/cities in Bali, Indonesia. Data analysis was performed with SmartPLS 3.3.2 software. The research found that CSR, customer trust, and customer loyalty have a significant impact on business sustainability. The results also found that customer trust and customer loyalty function as mediation in the relationship between CSR and business sustainability. Keywords: Corporate Social Responsibility, customer trust, customer loyalty, business sustainability Pengaruh Tanggung Jawab Sosial Perusahaan terhadap Keberlanjutan Bisnis: Mediasi GandaAbstrak: Perusahaan senantiasa berusaha menjaga kepercayaan dan loyalitas pelanggan dalam upaya menjaga keberlangsungan bisnis. Implementasi kepedulian lingkungan dalam bentuk Corporate Social Responsibility (CSR) diharapkan dapat mencapai kedua tujuan tersebut. Penelitian ini bertujuan untuk menganalisis peran CSR, kepercayaan pelanggan, dan loyalitas pelanggan dalam keberlanjutan bisnis. Kuesioner diisi oleh 10 nasabah dari masing-masing 100 BPR yang tersebar di 9 kabupaten/kota di Bali, Indonesia. Analisis data dilakukan dengan software SmartPLS 3.3.2. Hasil penelitian menemukan bahwa CSR, kepercayaan pelanggan, dan loyalitas pelanggan memiliki pengaruh yang signifikan terhadap keberlangsungan bisnis. Hasil penelitian juga menemukan bahwa kepercayaan pelanggan dan loyalitas pelanggan berfungsi sebagai mediasi dalam hubungan antara CSR dan keberlanjutan bisnis.Kata kunci: Tanggung Jawab Sosial Perusahaan, kepercayaan pelanggan, loyalitas pelanggan, keberlangsungan usaha
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Mohamed Adnan, Shayuti, David Hay, and Chris J. van Staden. "The influence of culture and corporate governance on corporate social responsibility disclosure: A cross country analysis." Journal of Cleaner Production 198 (October 2018): 820–32. http://dx.doi.org/10.1016/j.jclepro.2018.07.057.
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Macasinag, Maria Luz. "Decades of Educational Excellence: A Case Study of A Successful Family-Owned Higher Educational Institution." JPAIR Institutional Research 13, no. 1 (October 11, 2019): 63–84. http://dx.doi.org/10.7719/irj.v13i1.783.
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This study critically examined a successful family-owned higher educational institution to identify the attributes and practices that may have led to its success. This research was confined to a private, non-sectarian, family-owned higher institution of learning that has been operating for more than fifty years, had only one founder, and had at least two transitions in terms of generation. Findings revealed nine themes – the presence of a positive (1) corporate culture and values, (2) shared vision, (3) corporate social responsibility, effective (4) corporate governance, a strong (5) human resource development program, a transformative (6) style of leadership, (7) strong family culture, (8) succession plan and effective (9) business strategies, attributes and practices contributory to the success of a family-owned higher education institution. Significantly, the dominant theme was anchored on corporate culture and values, which reflect the family orientation not only of the leaders in the institution but also the general culture of the Filipino people. It is concluded that these various themes form part of the holistic model that can appropriately analyze family firm performance in the field of education in terms of sustainability through several generations. Ultimately, sociological factors dominated this study's results, reflecting how culture impacts different processes and structures in a family-owned Higher Education Institution.
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Mere, Winibaldus Stefanus, and Otto Gusti Ndedong Madung. "Disruptions and Corporate Human Rights Responsibility." Journal of Southeast Asian Human Rights 6, no. 2 (December 31, 2022): 277. http://dx.doi.org/10.19184/jseahr.v6i2.34526.
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This article aims to examine the question of how and to what extent business entities can balance the necessities of making business profits and performing social responsibilities in spite of various disruptions encountered in a pandemic. How and to what extent should their social and human rights responsibilities be managed during the COVID-19 pandemic or a similar crisis? The relevance of these questions arises from the fact that while the main purpose of business is to make profits while providing goods, services, jobs, and sources of income to many people, various disruptions arising from policy responses to the COVID-19 pandemic have been posing very serious challenges to business management practices, profitability, and sustainability. These challenges may force businesses to compromise on their social and human rights responsibilities to affected stakeholders for the sake of preserving their commercial responsibilities to their shareholders. This article argues that efforts to ensure effective performance for a balanced approach between commercial responsibilities and human rights responsibilities require a corporate organizational culture that takes human rights risks as seriously as commercial risks. This means there must be an organizational attitude that maintains an unwavering commitment to respect human rights while doing business. In practice, this organizational attitude should be manifested through a clear indicator of its commitment to both “know and “show” human rights responsibilities by way of embedding human rights policy and due diligence procedures into corporate culture.
Keywords: Corporate human rights due diligence, disruptions, COVID-19, Pandemic, Business dilemma
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Jang, Soebin, and Alexandre Ardichvili. "The role of HRD in CSR and sustainability: a content analysis of corporate responsibility reports." European Journal of Training and Development 44, no. 6/7 (April 20, 2020): 549–73. http://dx.doi.org/10.1108/ejtd-01-2020-0006.
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Purpose This study aims to examine the role of human resource development (HRD) in corporate social responsibility (CSR) and sustainability initiatives of multinational companies (MNCs). Design/methodology/approach The authors analyze contents of corporate responsibility (CR) reports disclosed by 23 MNCs from Europe, Asia and North America to examine HRD’s contribution to CSR and sustainability, with particular attention to long-term human development and organization development. Findings The analysis of CR reports indicates that HRD is perceived as playing a role in the following areas: diversity, equity and inclusion; community engagement; work–life balance; employee long-term growth and development; performance management; business ethics and ethical culture; and raising CSR awareness. In all areas, HRD was identified as playing a significant role in supporting companies’ CSR agendas. Originality/value This study extends research on the intersection of HR, CSR and sustainability and provides evidence of HRD’s important contributions to CSR and sustainability.
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Zhang, Jhunru, Hadrian Geri Djajadikerta, and Terri Trireksani. "Corporate sustainability disclosure’s importance in China: financial analysts’ perception." Social Responsibility Journal 16, no. 8 (August 22, 2019): 1169–89. http://dx.doi.org/10.1108/srj-10-2018-0272.
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Purpose Corporate sustainability in China has become a subject of increasing international concern. Corporate sustainability disclosure (CSD) is considered a useful tool to facilitate the empowerment and acknowledgement of stakeholders in the quest for sustainability. However, the degree of cultural and political influences for being sustainably orientated can be significantly different between countries. This study aims to examine the perception of financial analysts, as CSD report users, in China about the level of importance of various indicators of corporate sustainability described in the Global Reporting Initiative (GRI) Sustainability Reporting Guidelines. Design/methodology/approach A set of questionnaires was developed based on GRI G4 guidelines to measure the perception of financial analysts in China on the level of importance of each sustainability indicator described in the GRI G4. A five-point Likert scale was used to measure the report users’ perceptions of each of the indicators. Findings The findings of this study increase our understanding of how Chinese CSD report users perceive corporate sustainability differently from the GRI guidelines. The main results show that the environmental aspect of sustainability was seen to be important in China, followed by the social and economic aspects. Indicator-wise, “water”, “effluents and waste”, “emissions”, “compliance” and “energy” were perceived as vital in the environmental category, while “customer health and safety”, “customer privacy” and “compliance” were considered significant in the social category. Originality/value This study addresses the need for differing corporate sustainability guidelines for different nations and cultures, specifically within the Chinese context. It also contributes to the corporate sustainability literature by adding to our understanding of how financial analysts in China, as CSD report users, perceive aspects of sustainability.
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Richardson, Kevin, Darrell Norman Burrell, Eugene J. Lewis, Calvin Nobles, Jorja B. Wright, Amalisha S. Sabie-Aridi, and Desiree Nicole Andrus. "An Exploration of Organizational Development and Change in Technical Organizations to Support Sustainability." International Journal of Smart Education and Urban Society 13, no. 1 (January 1, 2022): 1–14. http://dx.doi.org/10.4018/ijseus.311047.
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Commonly referenced as corporate citizenship or sustainability, the initial idea of corporate social responsibility (CSR) matured from the 1987 seminal Brundtland Report, which the United Nations is credited for spearheading. The steady progression of CSR highlights the need for organizations to coordinate the fulfillment of legal, philanthropic, moral, and financial obligations to ensure appropriate strategies toward sustainability initiatives and positive behaviors toward environments, the population, and monetary gain. The purpose of this paper is to analyze the causation by which organizations adapt green organizational cultures. Some findings suggest organizational cultures are forced to adopt new philosophies in a changing environment governed by corporate sustainability efforts. These green conceptual models transform human resources (HR) role in changing and creating organizational cultures that influence organizational strategies in ways that support sustainability and influence the organizational impact concerning climate change.
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Wijaya, I. Nyoman Mokoh, and I. Ketut Sutama. "PT Bali Hai Cruises Nusantara’s Corporate Social Responsibility Activities in Nusa Lembongan Bali." International Journal of Green Tourism Research and Applications 2, no. 1 (June 27, 2020): 47–52. http://dx.doi.org/10.31940/ijogtra.v2i1.1882.
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Purpose: This research was conducted to know the forms of corporate social responsibility (CSR) program, the disclosure of corporate social responsibility, and the implementation of corporate social responsibility on stakeholders. Research methods: The data used in this research was secondary data. This research was conducted in a qualitative method in which the data collections were through observation and documentation. Results and discussion: The results showed that the implementation of the international conventions cluster showed that the companies implemented the role and regulation of sustainable tourism in using the land and the environmentally friendly materials for building. The result also implemented the National law and regulations cluster which are concerned about employee health and safety as it is considered that the activities do mostly in the sea. Meanwhile, the local decreases cluster showed that CSR's program implemented three different aspects of sustainable tourism. These aspects are economic, ecology and social culture. Conclusion: Overall PT Bali Hai Cruises Nusantara implemented the CSR program to local stakeholders in order to keep the company's sustainability.
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Cheruiyot-Koech, Roselyne, and Colin David Reddy. "Corporate Social Responsibility Preferences in South Africa." Sustainability 14, no. 7 (March 23, 2022): 3792. http://dx.doi.org/10.3390/su14073792.
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What leads firms in South Africa (SA) to prefer specific CSR initiatives over others? The researchers analyzed secondary data from publicly available information of 231 listed firms on the Johannesburg Stock Exchange. To determine national/institutional level preferences, ten CSR activities were identified among all firms and ranked in terms of their mean score of whether each firm participated in an activity or not. To determine industry/stakeholder influence, CSR activities were regressed against the firms’ industry. The preference for two CSR activities, education and training and enterprise development, are common across industries. This demonstrates the institutional effect of SA’s national Black economic empowerment (BEE) policy, which promotes such activities. Charitable donations, infrastructure provision, employee voluntarism and efforts in arts, culture and sports prevail in certain industries. The preferences of firms in the mining and construction industries stand out relative to other industries. Managers have to carefully select CSR activities that respond to various societal pressures. We show an example of management responses to pressures arising from both the national and industry level context. The study is the first to rank CSR activities of South African firms. We also reveal the promise of institutional theory to examine the phenomenon of CSR in the South African context.
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Liakh, Olena, and Francesca Spigarelli. "Managing Corporate Sustainability and Responsibility Efficiently: A Review of Existing Literature on Business Groups and Networks." Sustainability 12, no. 18 (September 18, 2020): 7722. http://dx.doi.org/10.3390/su12187722.
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Given the global relevance of business groups (BG) and networks as efficient organizational forms for corporate sustainability and responsibility systems (CSR), and seeing that management control systems (MCS) play a pivotal role in transmitting authority to CSR and formalizing a sustainability organizational culture, this paper aims to review the available literature in order to investigate efficient adoptions of CSR by BGs or networks. Both organizational forms have positive effects on CSR development, on three levels: (a) setting industry standards (macro—external environment); (b) stimulating sustainability-oriented innovations (mezzo—member firms); (c) reputational gains, CSR expenses mitigation, and optimization of organizational capabilities (micro—individual SMEs). The studies on SMEs were useful in identifying current sustainability practices: both partial (social, environmental) and complete sustainability systems were susceptible to being integrated with management accounting, making them an almost implicit tool for proper CSR. Finally, by gathering the empirical literature on sustainability transitions of networks and groups, it was possible to trace a comprehensive introductory plan that operators could resort to for initial guidance. The six steps of this process are (1) project initiation, (2) preliminary actions, (3) change management decision, (4) firm-level activities, (5) auditing, (6) transition to territorial social responsibility (optional).
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Jasiulewicz-Kaczmarek, Małgorzata, Katarzyna Antosz, Ryszard Wyczółkowski, and Małgorzata Sławińska. "Integrated Approach for Safety Culture Factor Evaluation from a Sustainability Perspective." International Journal of Environmental Research and Public Health 19, no. 19 (September 20, 2022): 11869. http://dx.doi.org/10.3390/ijerph191911869.
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Traditionally, sustainable development has been seen as a combination of three pillars: economic, social and environmental development. In recent years, another one has been added to these three pillars, namely culture, as being indispensable in achieving sustainable development. This study proposes an integrated approach for the identification and classification of safety culture factors in the company in a sustainability context. The research design was based on the assumption that safety culture is part of organizational culture that should support the development of corporate sustainability. Firstly, the identification of the safety culture factors (SCFs) based on the literature review was presented. Then, the ISM method was used to identify the interaction between SCFs and to develop the hierarchical structure of these factors. In the next step, ISM was integrated with the MICMAC method to cluster the factors based on driving power and dependence power into four categories. Finally, safety culture factors with high driving power were rated using the fuzzy TOPSIS method from the sustainability dimension perspective. This approach was used in an automotive industry company to improve and develop the company’s practices aimed at implementing a sustainable development strategy. A sensitivity analysis was also carried out to monitor the robustness of the approach.
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Chen, Ziyu, Shouming Chen, and Talib Hussain. "The Perception of Corporate Social Responsibility in Muslim Society: A Survey in Pakistan and Sudan." Sustainability 11, no. 22 (November 9, 2019): 6297. http://dx.doi.org/10.3390/su11226297.
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Corporate social responsibility (CSR) concepts are spread out in different organizations and cultures. To comprehend the Muslim consumers’ perception of CSR, this study conducted a self-administered survey in two Muslim-culture-rich countries, Pakistan and Sudan. Combined with previous studies and Carroll’s pyramid of CSR, this study shows that Muslim consumers have more supportive responses toward CSR compared to consumers of Western, developed countries. The findings of the study also reveal that Carroll’s pyramid of responsibilities could be applied in the Muslim culture, as the relative importance placed by Muslim consumers on the four responsibilities of firms—economic, legal, ethical and philanthropic—is significantly different from that in Western, developed countries. These differences provide useful guidance for firms intending to use CSR for strategic purposes in Muslim countries. The reasons for these phenomena are also discussed.
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Ahen, Frederick, and Peter Zettinig. "Critical perspectives on strategic CSR: what is sustainable value co-creation orientation?" critical perspectives on international business 11, no. 1 (March 2, 2015): 92–109. http://dx.doi.org/10.1108/cpoib-03-2012-0022.
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Purpose – This purpose of this paper is to integrate corporate responsibility (CR) doctrine into corporate strategy by problematizing existing notions of traditional corporate social responsibility. We provide a theoretical and empirical basis for the proposition that the bridge between CR and corporate irresponsibility is the embeddedness of strategic decisions in ethically oriented corporate practices toward sustainable value co-creation. Design/methodology/approach – Analysis was performed by meta-theoretical and economic philosophical approaches. The contemporary trends which have led to the institutionalization of sustainability questions, are explained. Special attention is paid to the historical, cultural and the international institutional context within which organizational culture becomes saturated with deviance. Findings – The main thrust is that competitive advantage, legitimacy for survival and success of the international firm in the 21st century hinges on innovative value co-creation that meets sustainability pressures and institutional expectations. Research limitations/implications – The research approach opens itself to debate. No generalizability claims are made but the propositions and conceptual framework seek to direct the CR discourse to engage seriously with cooperative investments for sustainable value creation. Originality/value – This paper contributes to the debate on CR, global sustainability and the role of international firms in society. It offers clarity in the confusion and fills a theoretical gap through a novel conceptualization of strategic corporate responsibility. Here, consumer, environmental and institutional orientation rather than producer orientation form the basis of analysis on value co-creation.
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Okokpujie, Imhade P., Ishoma M. Odigilia, Kennedy Okokpujie, Roselyn E. Subair, Adebayo T. Ogundipe, Lagouge K. Tartibu, and Omolayo M. Ikumapayi. "Influence of Corporate Social Responsibility on Business Evaluation of Mobile Communication Network MTN in Nigeria." International Journal of Sustainable Development and Planning 17, no. 7 (November 30, 2022): 2199–207. http://dx.doi.org/10.18280/ijsdp.170720.
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The sustainability of any telecommunication industry lies in the environment, workforce, human development, and community development. This research assessed the effect of corporate social responsibility on the business evaluation of MTN Nigeria, Abuja. The study employed a descriptive survey research design—the population of this study comprised entire staff members of MTN Nigeria Abuja. A sample of 100 members of staff was used in this study using the convenience sampling technique. The primary data was employed to gather information from MTN, Abuja staff. The data collected were subjected to statistical analysis, using frequency and percentage. The hypothesis formulated for the study was analyzed using chi-square statistics at a 95% confidence level. The study found that the Corporate Social Responsibility (CSR) activities of MTN improved and significantly affected the business performance of MTN Nigeria. CSR tasks were recommended to be very organized and executed to have the most extreme effect. Additionally, corporate associations ought to strengthen deeds to educate the general culture on their essential responsibilities, different accountabilities to different associates, and functional/monetary limits.
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Mazur, Barbara, and Anna Walczyna. "Bridging Sustainable Human Resource Management and Corporate Sustainability." Sustainability 12, no. 21 (October 29, 2020): 8987. http://dx.doi.org/10.3390/su12218987.
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The rise of the Sustainable Development (SD) concept contributed to the increasing interest in practices encompassing the Sustainable Human Resource Management (Sustainable HRM) and the results of these practices. This article relates to the area of Human Resource Management and activities undertaken by HR departments to implement the principles of sustainable development in the enterprise. In particular, it refers to the concept of Sustainable HRM, recognized by many researchers as a new paradigm in the area of HRM. Although an intensely-studied subject, there is a clear gap in research regarding Sustainable HRM in Polish companies. Additionally, there is a lack of research contribution on the Podlasie region—ecologically and ethnically the most diverse region in the country. While sustainability in environmental terms is evident in the region, the article focuses on sustainability implementation in the business sector. The article helps to close the research gap. Its aim is to examine the two-fold role of HR departments in: Implementing activities in the area of Sustainable HRM, and introducing the principles of sustainability to corporate strategies. It was assumed that such activities contribute to corporate sustainability. In order to verify the role of HR departments, a new, comprehensive research model, based on the work of De Prins, was built. The model relates to the double-task of HR departments in organizations. The added value of the article stems from the research model proposal, which can be applied without geographical limitations and to numerous organization types. The paper introduces one of the applications of the model—a regional one. The model was tested in a questionnaire survey conducted among employees of enterprises operating in the Podlaskie Voivodeship, which is unique in terms of environment, culture, and economy in Poland. The respondents were participants of MBA studies at one of the universities of the Podlaskie Voivodeship. The results of the study fully confirmed the hypothesis adopted in the study regarding the performance of activities by HR departments in the psychological and social areas of Sustainable HRM. The third aspect of the study, regarding the ecological area, was not clearly confirmed in the study. It was found that this may result from the restrictive law regulating the issue of the impact of enterprises on the natural environment. The results of the study allowed for the verification of the main hypothesis assumed in the research model, thus confirming its truthfulness.
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Bonfanti, Angelo, Enrico Battisti, and Luca Pasqualino. "Social entrepreneurship and corporate architecture: evidence from Italy." Management Decision 54, no. 2 (March 21, 2016): 390–417. http://dx.doi.org/10.1108/md-08-2014-0532.
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Purpose – The purpose of this paper is to examine the contribution of corporate architecture to social value creation. It especially analyses the social effects of investments in experiential corporate architecture that have been carried out by Italian industrial companies. Design/methodology/approach – This study follows a qualitative approach. It is based on a survey and semi-structured in-depth interviews undertaken with six Italian industrial companies. The dimensions of the social-entrepreneurship model (innovativeness, proactiveness, risk management) proposed by Weerawardena and Sullivan Mort were chosen as a framework to investigate the social effects of investments in corporate architecture. Findings – The social effects of the innovativeness dimension are the integration of the company with the territory and development of sustainability. Proactiveness is related to improving the employees’ wellbeing in the workplace and the community’s quality of life. Risk management ensures the development of the local economic-social fabric. Research limitations/implications – This study combines social entrepreneurship and corporate architecture by highlighting the social effects of corporate architecture. Further, it proposes the structural embeddedness of the company in the territory of reference, a sense for beauty, and a sense of gift giving as further entrepreneurial traits that are generally not proposed in the social entrepreneurship literature. Practical/implications – The results of this study suggest that top management should consider: that investments in corporate architecture are a deliberate strategy of the company; that profits are not a purpose in and of themselves, but rather a means to achieve the social mission’s objectives; and the relationship with architects in terms of mutual involvement in order to understand corporate and local needs and effectively transform them into appropriate architectural solutions. Social/implications – Corporate architecture can help to solve a number of social problems, such as improving the community’s quality of life, providing employments opportunities, allowing the community to benefit from places of socialisation and aggregation, and offering facilities and services that support culture and encourage cultural exchange. Given that the social benefits are reciprocal, all stakeholders should financially support companies that invest in corporate architecture. Originality/value – To the knowledge, this is the first study to connect social entrepreneurship and corporate architecture. This research brings to light some Italian industrial companies that are investing in corporate architecture to create social value in the twenty-first century, after the pioneering investments of the Olivetti company.
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Lattu, Annina, and Yuzhuo Cai. "Tensions in the Sustainability of Higher Education—The Case of Finnish Universities." Sustainability 12, no. 5 (March 3, 2020): 1941. http://dx.doi.org/10.3390/su12051941.
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Universities are increasingly engaged in marketization and are also expected to transform into more sustainable institutions and be change-agents pushing forward the movement of sustainable development. This article introduces an analytical framework originated by Hahn et al. (2015) for understanding tensions concerning corporate sustainability to the context of the Finnish university system in order to answer the following questions: What are the tensions relating to Finnish universities’ social and economic sustainability, and what strategies might universities use to cope with these tensions? Through analyzing interviews with university managers and officials from the Ministry of Education and Culture in Finland, we find that Hahn et al.’s framework is generally applicable in analyzing tensions of sustainability in universities, and we identify six tensions relating to the sustainability of Finnish universities. The tensions are related to (1) academic leadership and management legitimacy, (2) regional political tensions and university profiling, (3) political power over the university system, (4) changing academic work and profession, (5) academic autonomy and the role of the state, and (6) the future role of the university institution. Moreover, the article discusses issues regarding how to adapt the framework of corporate sustainability to the context of higher education.
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Bonfanti, Angelo. "Sviluppo sostenibile in azione: il ruolo delle Banche di Credito Cooperativo nella comunitÀ locale." MERCATI & COMPETITIVITÀ, no. 2 (May 2009): 61–81. http://dx.doi.org/10.3280/mc2009-002004.
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- This paper will analyze the role of Cooperative Credit Banks (CCBs) as actors and promoters of sustainable development within the local community. In particular, the Total Corporate Communication Model (Balmer & Gray, 2000) will be used to present a qualitative exploratory research on the initiatives and interventions undertaken by CCBs in their territories. The communication tools employed by CCBs to promote the value of sustainability will be discussed. The analysis will lead to the identification of potential strategic strengths as well as improvement areas in the CCBs' actions for sustainable development.Keywords: Cooperative Credit Banks, sustainable development, corporate social responsibility, corporate identity, corporate communication, corporate culture.Parole chiave: Banche di Credito Cooperativo, sviluppo sostenibile, responsabilitÀ sociale d'impresa, identitÀ d'impresa, comunicazione d'impresa, cultura aziendale