Managing for Political Corporate Social Responsibility: Executives are hired to maximize profits, not social welfare: Through content analysis, this study mainly provides a literature survey about the concept of Corporate Social Responsibility CSR in relation to quality management in SMEs. But there is increasing pressure to dress up CSR as a business discipline and demand that every initiative deliver business results.
The golden question for brands, however, is whether doing good actually helps their bottom lines. The answer, per recent Nielsen research, is that it does. In fact it has had 40 years to evolve from a somewhat infant concept to a successful managerial tool to build a company's reputation in the global market arena.
Does the Good Outweigh the Bad? The tragedy also revealed the inconsistencies of some companies with respect to corporate social responsibility CSR. Cheaper Than a Pension Fund Forbes.
Is Corporate Social Responsibility Evil? Perceptions On Social Responsibility: Washing Away Your Sins? Corporate Social Responsibility, Corporate Social Irresponsibility, and Firm Performance Journal of Marketing, The authors address the questions of whether and how corporate social responsibility CSR relates to firm performance and, in so doing, identify four mechanisms pertaining to this relationship.
According to Crespo, H, et al , p. This was done through the identification of the various dimensions of social responsibility from the point of view of consumers and the weight of each of the dimension in the global construct of social responsibility. Luo, X and Bhattacharya, C , p. It was from this study that it was confirmed that the multidimensional nature of CSR had an immense influence on the perception of users or customers. There was, therefore, a direct existence of relation between the perception of customers and in service valuation and social responsibility.
According to the article by the Harvard Law School on Financial Regulation and Corporate governance, it was ascertained that activities, which were related, to Corporate Social Responsibility had a greater potential in the creation of various forms of value which were distinct to the customers. The adoption of Corporate Social Responsibility by business organizations is beneficial because it leads to improved financial performance by the company, increased customer loyalty and sales, reduced regulatory oversight, workforce diversity, decreased liability, access to capital and product safety, more ability in attraction and retention of employees by the company, lower operational costs, greater quality and productivity and enhanced brand reputation and brand image among others Joyner and Pyane,, p.
Various business enterprises have been faced with an uphill task in making decisions of whether they should adopt and implement the use of Corporate Social Responsibility in their enterprise. However, majority of the business firms have fully supported the adoption and use of Corporate Social Responsibility because of the various benefits that arise as a result of its application.
Business firms who have failed to adopt and apply the use of CSR within their midst have attributed this failure to lack of funds toes enable the use of various strategies and poor management or leadership styles of the business managers or leaders. Research methods refer to particular strategies, which are used, by researches in the collection of evidence that is vital for building and eventual testing of the theories. There exist various research methods that can be used by the researcher in the collection of data and information regarding Corporate Social Responsibility.
For instance, we have got experiments which are commonly used in exploratory research. The use of experiments as a method of data collection is expensive also time consuming and therefore it cannot be effectively be as method of data collection in Corporate Social Responsibility.
In order to find the empirical relationship that exists between the various parameters in a research, the use of observation as a research method is deemed to be appropriate though it is also expensive and time consuming.
The use of existing data can also be used as a method of data collection though its accuracy will depend on the experience of the researcher using it.
Surveys are the best research methods that can be used in the exploratory or empirical research in business studies and in Corporate Social Responsibility.
In order to obtain research results, some specific group of people, like for instance business leaders or managers tasked with the responsibility of adopting CSR in an organization can be interviewed or given questionnaires. The use of questionnaires was, therefore, highly recommended in ensuring that the objectives of this research study were achieved because they have also been deemed to be appropriate in other previous works.
Questionnaires were distributed to various business managers and leaders responsible for CSR and were requested to fill in the appropriate information. In order to achieve the various objectives of this research paper , a suitable research method was….
Best Free Essay Examples for Students. Free examples Business and corporate social responsibility. We can write an even better essay for you! What are some of the roles played by business educations towards the development of principal or key CSR? What impact does customer perceptions have on loyalty which are based on CSR?
How can CSR enhance the reputation of various business enterprises? What are some of the strategic decisions that are faced by business enterprises when trying to enhance or improve their performance of CSR? Would you like to see more essays? Please leave your contact information and we will call you within 15 minutes.
Corporate Social Responsibility (CSR) and Sustainability Paper Awards. The Corporate Social Responsibility (CSR) & Sustainability paper awardsare available to Columbia MBA students who are interested in researchwork connected to specific U.S. or international companies ororganizations.
The research paper addresses four specific research objectives among them the roles played by business education in the development of key Corporate Social Responsibility skills, the impact of customer perception on loyalty basing on Corporate Social Responsibility, how corporate social responsibility is capable of enhancing corporate.
Corporate Social Responsibility and the Consumer - Corporate Social Responsibility and the consumer Due to the intensification of Social demands from consumers to companies, many research studies have being developed in order to clarify the effects that CSR has had on members of the organizations as well as on its external participants. Research into Corporate Social Responsibility (CSR) in Ghana generally, has seen increased scholarly attention but same cannot be said of the specific area of CSR and International Business (IB), ironically though much of the data on CSR research comes from IBs.
This paper examines the question of measurability of the impact of Corporate Social Responsibility on Business Performance. It starts with describing newer trends of It reflects results from ongoing research and was written for presentation at the Berlin International Economics Congress, This paper discusses three contextual issues that warrant more and improved consideration in CSR research, with particular emphasis on CSR reporting research. There has, in recent times, been an increasing interest in understanding corporate social (and environmental) responsibility (CSR) and, in particular, CSR reporting in developing countries.