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Kabir, Humayun, Janine Mukuddem-Petersen, and Mark A. Petersen. "Corporate social responsibility motives of Australia and South Africa: a socio-economic perspective." Corporate Ownership and Control 11, no. 1 (2013): 259–69. http://dx.doi.org/10.22495/cocv11i1c2art4.
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This study analyses the socio-economic similarities and differences between Australia and South Africa, a developed and developing country, respectively. In particular, we consider the corporate social responsibility motives and mechanisms in lieu of social, economical, cultural and environmental influences in these two countries. The study reveals that, despite some significant similarities, corporate social responsibility values have been constructed with different social, economic and cultural interactions in the aforementioned countries. This is owing to the different socio-economic infrastructure that exists in each country. The study pointed out that it is important for multinational companies and policy makers to understand corporate social responsibility motives of different countries in order to fulfil stakeholders’ demands. Also, taking cognizance of the fact that the stakeholders’ expectations can vary across nations
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Naude, Marita. "Corporate governance, CSR and using mental models in employee retention." Corporate Ownership and Control 7, no. 1 (2009): 73–83. http://dx.doi.org/10.22495/cocv7i1p7.
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The value added contribution of this article is twofold. Firstly, this article advocates that Board members, Directors and Managers must have a clear understanding that the mental models of employees and themselves influence the effectiveness of strategies implemented within an effective Corporate Governance (CG) and Corporate Social Responsibility (CSR) framework. Secondly, this article uses data collected and findings from participants in Australia and South Africa regarding the factors (from their mental model) that retain them in their organisation as one example of how Board members, Directors and Managers could explore the mental models of their employees regarding retention and then develop strategies (within a CSR framework) based on a solid CG foundation.
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Lee, Alvin, and Claire Lambert. "Corporate Social Responsibility in McDonald’s Australia." Asian Case Research Journal 21, no. 02 (December 2017): 393–430. http://dx.doi.org/10.1142/s0218927517500146.
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This case focuses on marketing public policy and legislation issues in the business environment. The Commonwealth Government of Australia wants to impose mandatory warning labels for fast-food served by quick-service chainrestaurants like McDonald’s. These warnings are to appear on fast-food packaging to warn diners of the possible harms arising from consuming fast-food. This is similar to the warnings that are used in Australia on tobacco product packages. This highlights a turning point where legislators appear to be heeding calls of vocal pressure groups to curb and legislate the industry’s activities. The loudest calls have appeared in well-publicized legal cases and film documentaries like Super-Size Me. McDonald’s has been well-aware of these challenges. The company continues to respond and fight legal challenges on these points. As a result, the company has improved its supply chain, employees’ work-conditions, their treatment of animals, their stores, food and customer service to offer leaner, healthier and more upmarket products. The few vocal critics who have secured media coverage seem to rely on sensationalizing the issue — e.g., eating McDonald’s for 30 days makes you fat. They seem to ignore the results from other experiments where people who ate suitable portions of McDonald’s food for the same 30 day period actually lost weight. Other challenges that have been found to be lies in courts of law include allegations of animal cruelty, unsafe food and food that makes people obese. Yet the public continue to believe these allegations. Can the industry do more, or do something different, to change people’s minds?
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Moon, Jeremy. "The firm as citizen? Social responsibility of business in Australia." Australian Journal of Political Science 30, no. 1 (March 1995): 1–17. http://dx.doi.org/10.1080/00323269508402320.
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Moon, Jeremy. "The Social Responsibility of Business and New Governance." Government and Opposition 37, no. 3 (July 2002): 385–408. http://dx.doi.org/10.1111/1477-7053.00106.
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This Article Considers The Social Responsibility Of Business, why it exists, why governments might be interested in it, and its place in new governance. The discussion is primarily conceptual, informed and stimulated by empirical findings from Australia and the UK, countries which have been associated neither with the extent of business social responsibility long-witnessed in the USA nor with the extent of neo-corporatism characteristic of parts of northern Europe and Scandinavia.
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Coldwell, David Alastair Lindsay, and Tasneem Joosub. "Corporate social responsibility in South Africa: quo vadis?" African Journal of Economic and Management Studies 6, no. 4 (December 7, 2015): 466–78. http://dx.doi.org/10.1108/ajems-11-2013-0102.
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Purpose – Strategies and policies aimed at alleviating poverty in Sub-Saharan African countries usually depend on capitalistically driven economic growth. However, the view that capitalism needs to reinvent itself to survive the crisis of confidence brought about by the recent global financial collapse depends on the extent to which such a shared value oriented, sustainable capitalist reinvention is embraced by emergent business leaders. A sustainable system of capitalism driven by business and community shared value can only take root if the hearts and minds of future business leaders are convinced of their cogency and appropriateness. The paper aims to discuss these issues. Design/methodology/approach – This paper reports the findings of an empirical study utilizing a Likert-type scale designed to measure corporate shared value (CSV) and corporate social responsibility (CSR) among a sample of fourth year accountancy students at a leading South African university. Findings – Preliminary findings suggest that perceptions of this group of emergent leaders generally regard CSR rather than CSV as the “correct” business model for companies to follow. Although the sample is limited to one South African university and is relatively small, it contributes to the literature by offering insight into emergent business leaders’ perceptions and their view of the direction of CSR in South Africa should take. Research limitations/implications – Implications of the paper are that by offering insight into emergent business leaders’ perceptions of South African society and specifically their view of the direction South African CSR should take, the paper suggests prescriptive remedial steps in policy that educational and other learning institutions could take to engender appropriate social values in learners. Originality/value – The study contributes to the literature by offering devised and tested measuring instruments for CSR and CSV in the South African context and gives insight into emergent business leaders’ perceptions and their view of the direction of CSR in South Africa should take.
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Galbreath, Jeremy. "How does corporate social responsibility benefit firms? Evidence from Australia." European Business Review 22, no. 4 (June 29, 2010): 411–31. http://dx.doi.org/10.1108/09555341011056186.
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Rampersad, Renitha. "Corporate social responsibility: Applying sustainability principles in stakeholder engagement." Corporate Ownership and Control 14, no. 2 (2017): 222–29. http://dx.doi.org/10.22495/cocv14i2c1p8.
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There is a strong ethical case to redress poverty and inequality in South Africa. The South African corporate sector has been called upon to take responsibility for the ways their operations impact societies. There has been considerable change in the way the corporate sector concerns themselves with applying sustainability principles to the ways in which they conduct their business specifically in their social interactions with stakeholders. This sees the South African corporate sector investing millions to support sustainable community development and social programs. The total corporate social responsibility (CSR) expenditure in South Africa was estimated to amount to R8.2 billion in 2013/2014 (Trialogue, 2014). Although major South African and multinational companies have had ample opportunity to express and communicate their views on the potential of CSR, the voices of communities continue to be thwarted and stifled when they should logically lie at the heart of effective change management interventions. Business has the obligation, and also the resources, to make a contribution to communities in which they operate. This article investigates the South African business sectors involvement in stakeholder engagement and describes two cases of major South African companies and their increased value for a stakeholder governance model.
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Watson Ladzani, Mmboswobeni, and Solly Matshonisa Seeletse. "Business social responsibility: how are SMEs doing in Gauteng, South Africa?" Social Responsibility Journal 8, no. 1 (March 2, 2012): 87–99. http://dx.doi.org/10.1108/17471111211196593.
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Venter, William. "Ubuntu and Social Capital factors in Family Businesses." Southern African Journal of Entrepreneurship and Small Business Management 1, no. 1 (December 31, 2008): 66. http://dx.doi.org/10.4102/sajesbm.v1i1.13.
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<p>The current study is an investigation of social capital, and more particularly the support of the concept of ubuntu in large family businesses in South Africa. Insights into the social responsibility activities of some of the largest family businesses in South Africa, obtained through semi-structured interviews, clearly indicate the important role which the social responsibility ubuntu activities of these businesses play in caring for the community. As South Africa has a mainly “individualistic economic community”, it is interesting to observe how the collectivistic notion of ubuntu is practised in the social responsibility activities of family business groups.</p><p><strong>Key words and phrases:</strong> ubuntu, social responsibility, social capital, family business, conditional matrix</p>
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Nguyen, Van Ha, Frank W. Agbola, and Bobae Choi. "Does corporate social responsibility reduce information asymmetry? Empirical evidence from Australia." Australian Journal of Management 44, no. 2 (September 19, 2018): 188–211. http://dx.doi.org/10.1177/0312896218797163.
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This study examines whether corporate social responsibility (CSR) reduces information asymmetry (IA). Using a firm-level CSR dataset of Australian publicly listed firms from 2004 to 2014, we estimate IA models using a fixed-effects panel estimator. We find that CSR performance is negatively associated with IA. Moreover, this negative relationship is stronger for larger firms and firms with stronger market power. We also find that the negative association between CSR and IA decreases for firms with a high level of equity risk. Our results are robust to alternative measures of CSR and IA, model specifications and endogeneity controls. JEL Classification: D82, G34, M14
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Le Bruyns, Clint. "Corporate Social Responsibility and Gender Justice in South Africa." International Journal of Public Theology 3, no. 2 (2009): 222–37. http://dx.doi.org/10.1163/156973209x416016.
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AbstractThis article critically explores the extent to which corporate social responsibility in South Africa contributes to the quest for gender justice in the world of economy. It fi nds that business has avoided the notion of responsibility in favour of investment and philanthropy, and that meaningful and constructive approaches to gender ideals have not as a result been forthcoming. e article argues for a renewed understanding of and commitment to responsibility with special attention given to underlying perspectives impeding this approach, but sees much promise in the role that churches with their theology and partners could fulfil in assisting the public discourse on women's human dignity, equality and freedom amidst various economic challenges.
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Thomson, Dianne, and Ameeta Jain. "Corporate social responsibility reporting: a business strategy by Australian banks?" Corporate Ownership and Control 7, no. 4 (2010): 213–28. http://dx.doi.org/10.22495/cocv7i4c1p5.
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The growth of voluntary corporate social responsibility (CSR) reporting reflects society‟s expectations for business to set higher ethical standards and to undertake business in a way that meets the profit imperative (the bottom line). Additionally, the community expects socially and environmentally responsible behaviour practices; the so-called triple bottom line approach. The paper briefly reviews the development of corporate social responsibility reporting from the perspective of two large Australian banks and attempts to understand their motivation for voluntary disclosure. Stakeholder theory and game theory provide a means to analyse why banks undertake CSR reporting. The paper compares Westpac and National Australia Bank‟s CSR reporting over the period 2004-2005 utilising external rating agencies and CSR reports to determine the extent of disclosure in relation to employees, environment, community and customers. The paper concludes with a discussion of the pros and cons of CSR, the role of regulation and recommendations for future policy direction.
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Demetriades, K., and C. J. Auret. "Corporate social responsibility and firm performance in South Africa." South African Journal of Business Management 45, no. 1 (March 31, 2014): 1–12. http://dx.doi.org/10.4102/sajbm.v45i1.113.
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Corporate Social Responsibility (CSR) can be viewed from two different perspectives: that of the business; and that of the individual investor (Socially Responsible Investing, SRI). In this study regression analysis as well as an event study was used to examine the link between CSR and firm performance. The results suggested that in the short-term there were no significant price effects on the SRI shares. In contrast, the returns of SRI portfolios over the sample period seemed to be superior to those of conventional firms. The regression analysis found that generally the SRI coefficients were insignificant; however using one of the models during the fifteen year sample period, SRI constituents attained a ROE that was 11.18% higher (as well as a ROA that was 1.824% lower) than conventional firms. When the period was restricted to 2004-2009 it was found that social performance was positively - and sometimes significantly - correlated with ROE.
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Snell, Darryn, and Victor Gekara. "Unions and corporate social responsibility in a liberal market context: The case of Ford’s shutdown in Australia." Journal of Industrial Relations 62, no. 5 (January 13, 2020): 713–34. http://dx.doi.org/10.1177/0022185619896383.
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Within many coordinated market economies, labour unions have demonstrated to be key actors in shaping corporate social responsibility. Researchers have, however, paid surprisingly little attention to the role of unions in shaping corporate social responsibility strategies and responses in liberal market contexts. This article extends the emerging research on unions and corporate social responsibility through a case study which investigates union influences over corporate social responsibility within the liberal market context of Australia. We conceptualise the role of unions in corporate social responsibility in this context through an industrial relations lens with particular reference to collective bargaining. Drawing on qualitative data, the case study examines the Ford Motor Company’s recent closure of its Australian assembly operations which was hailed by a wide range of stakeholders as an exemplar of ‘best practice’ in their assistance of displaced workers. We conclude that, while highly socially responsible, Ford’s actions were far from voluntary but influenced by a combination of union influence and a ‘subsidised’ corporate social responsibility, where the state, unable and/or powerless to legislate good corporate social behaviour, chose to financially underwrite its cost to the firm. The study represents one of the first studies to demonstrate how unions shape corporate social responsibility strategies of firms in liberal market contexts and how ‘subsidised’ corporate social responsibility becomes an alternative political solution within such a context.
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Skouloudis, Antonis, George J. Avlonitis, Chrisovaladis Malesios, and Konstantinos Evangelinos. "Priorities and perceptions of corporate social responsibility." Management Decision 53, no. 2 (March 16, 2015): 375–401. http://dx.doi.org/10.1108/md-12-2013-0637.
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Purpose – The purpose of this paper is to inform the business management literature that focuses on the perceptions of business professionals towards the multidimensional and highly complex concept of corporate social responsibility (CSR). Design/methodology/approach – This study is based on a sample of 118 Greek business executives/middle managers having different functional positions. A questionnaire based on the works of Quazi and O’Brien (2000) and Welford et al. (2007) was designed and used for data collection. Findings – Key findings denote occupational health and safety, benign environmental management as well as responsible production methods as the top CSR priorities. Two different CSR viewpoints emerged from the factor analysis reflecting a pragmatic and a more socially responsive interpretation of corporate responsibility. Cluster analysis confirmed such contrasting perspectives allowing the partition of data in distinctive groups according to the relative inclination on either of the identified viewpoints. Similarity measures obtained from cluster analysis also verified the different CSR positions. Originality/value – The paper explores CSR perceptions, as predictor factors of CSR performance, in three different groups of Greek business professionals. It contributes to the literature of CSR perspectives from South-East European countries where there is a distinct lack of empirical studies on managerial attitudes.
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Rampersad, Renitha. "HIV and AIDS in South Africa: a social and moral responsibility in shaping organisational action." Risk Governance and Control: Financial Markets and Institutions 3, no. 1 (2013): 103–7. http://dx.doi.org/10.22495/rgcv3i1c1art4.
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In recent years, the interest in corporate social responsibility issues has shown an increase. Worldwide problems, especially those related to HIV/AIDS, caught public attention towards Corporate Social Responsibility (CSR) themes. In a country with more people living with HIV/AIDS than in any other nation (UNAIDS 2007), prevention and treatment is critical. HIV/AIDS is seen to be threatening the communities in which businesses are functioning and is further threatening the business itself. This article examines the moral and social responsibility of the corporate sector in its effort to deal with the issue of HIV/AIDS. Big business leaders have recognized the threat of HIV/AIDS to the workplace and have positioned responses towards the disease from an ethical, legal and cost-effective business perspective; however the response from small to medium businesses is relatively weak. This article conveys a descriptive critique, based on bibliographic research on Corporate Social Responsibility, HIV/AIDS and related concepts.
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Rampersad, Renitha. "HIV and AIDS in South Africa: a social and moral responsibility in shaping organisational action." Corporate Ownership and Control 11, no. 1 (2013): 928–32. http://dx.doi.org/10.22495/cocv11i1c11p4.
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In recent years, the interest in corporate social responsibility issues has shown an increase. Worldwide problems, especially those related to HIV/AIDS, caught public attention towards Corporate Social Responsibility (CSR) themes. In a country with more people living with HIV/AIDS than in any other nation (UNAIDS 2007), prevention and treatment is critical. HIV/AIDS is seen to be threatening the communities in which businesses are functioning and is further threatening the business itself. This article examines the moral and social responsibility of the corporate sector in its effort to deal with the issue of HIV/AIDS. Big business leaders have recognized the threat of HIV/AIDS to the workplace and have positioned responses towards the disease from an ethical, legal and cost-effective business perspective; however the response from small to medium businesses is relatively weak. This article conveys a descriptive critique, based on bibliographic research on Corporate Social Responsibility, HIV/AIDS and related concepts.
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Liu, Qiao, and Charl de Villiers. "Does the provision of voluntary corporate social responsibility disclosure influence the cost of equity capital? Evidence from Australia and the United Kingdom." Corporate Ownership and Control 8, no. 4 (2011): 201–13. http://dx.doi.org/10.22495/cocv8i4c1p6.
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The practice of managers of firms making voluntary social disclosures has become widespread. Corporate ownership (shareholders) will be interested to know whether these voluntary social disclosures affect them by influencing the firm’s cost of equity capital. This study investigates the relationship between the voluntary corporate social responsibility disclosure of Australian and UK firms, based on the 2008 KPMG International Survey of Corporate Social Responsibility Reporting and the cost of equity capital based on the Botosan and Plumlee (2005) model. Using a sample of 59 firms ranked in the top 100 of Australian and UK firms, we find that firms making voluntary corporate social responsibility disclosure in compliance with the Global Reporting Initiative Guidelines are associated with an increased cost of equity capital. Our main results are robust to several alternative measures of voluntary corporate social responsibility disclosure. These results can be attributed to two reasons. Firstly, firms making voluntary corporate social responsibility disclosure provide information that allows certain traders to make judgments about a firm’s performance that are superior to the judgments of other traders. As a result, there may be more information asymmetry amongst traders. Secondly, shareholders consider that the information production and proprietary costs associated with voluntary corporate social responsibility disclosure outweighs its potential benefits. Both explanations suggest that investors will impose a higher cost of equity on firms making voluntary corporate social responsibility disclosure. In the additional tests, we show that our main results are robust to alternative measures of voluntary corporate social responsibility disclosure.
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Kožená, Marcela, and Martin Mlázovský. "The impact of corporate social responsibility on business competitiveness." SHS Web of Conferences 92 (2021): 06017. http://dx.doi.org/10.1051/shsconf/20219206017.
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Research background: The social and environmental problems of the current globalised world are primarily targeted on the South and Southeast Asian business environment. However, according to the idea “think global, act local”, practices of Czech local business also contribute to the global environment. Purpose of the article: The Czech Republic is classified as a small open economy in the final stage of a transformation into a market economy, and on the top of that, it is also a member of the European Union. Thus, the Czech Republic is very dependent on the global market. Firstly, this paper is focused on analysing the Czech businesses’ attitude to competitiveness with special emphasis on corporate social responsibility. Secondly, there is predicated the future approach of the Czech managers to CSR. Methods: Primary research is based on individual structured interviews with Czech managers on the top and middle level (n=15). The interviews were conducted from February to May 2020 via a combination of face to face and distance communication. Findings & Value added: The results indicate that the Czech business mostly does not perceive CSR as a key factor of corporate competitiveness. However, the significant part of the interviewees considers CSR as moderately important and what is more, they predicate the upward trend of this factor. In addition, corporate social responsibility is often associated with other factors of competitiveness – more precisely to customer loyalty and innovation capability. Moreover, all the corporations stated that they apply at least some of the CSR principles in their ordinary course of business.
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Avery, Gayle, and Narelle Hooper. "How David Cooke implemented corporate social responsibility at Konica Minolta Australia." Strategy & Leadership 45, no. 3 (May 15, 2017): 38–44. http://dx.doi.org/10.1108/sl-04-2017-0034.
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Purpose This interview demonstrates how CEOs can focus on CSR to engage the workforce and change the culture and performance of an organization. Design/methodology/approach This article reports on an interview with Dr David Cooke, Managing Director of Konica Minolta Australia. Findings By introducing CSR to the firm, and in particular pursuing the UN’s Sustainable Development Goal (SDG) #8 against human trafficking, the MD not only changed the management style and culture in the organization, but also enhanced commercial results. Performance improved across many measures: revenue, profit, market share in a declining marketplace, highest number of units placed into the Australian market, increasing prestige associated with the company’s brand, and becoming an employer of choice. Research limitations/implications The findings are consistent with the literature on corporate sustainable investment, but further studies are needed to fully understand the processes involved in changing culture and improving performance via CSR. Practical implications This interview clearly shows the steps that the new CEO took in radically changing the culture of his organization by adopting CSR extensively. Social implications The power of business is vital to pursuing societal goals, and the case of Konica Minolta Australia demonstrates that doing so also benefits the company. Originality/value This study clearly explains how a corporate culture was changed and performance enhanced through a strategy based on investment in social issues.
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Backhouse, Kim, and Mark Wickham. "Corporate governance, boards of directors and corporate social responsibility: The Australian context." Corporate Ownership and Control 17, no. 4 (2020): 60–71. http://dx.doi.org/10.22495/cocv17i4art5.
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The challenge of corporate governance in Australian corporations is similar to those faced by the majority of corporations operating globally albeit the manner in which corporate governance is structured in Australia represents a strong reflection of the island continent’s people, egalitarian culture, and legislative framework. This article considers the legal framework in which Australian corporations operate within, which includes a discussion of corporate governance principles, the role of directors and ownership structures of companies in Australia. Australian board of director practices are discussed in detailed and this article outlines how these practices are heavily influenced by the Australian Commonwealth Corporations Law (which sets out mandatory legal requirements that all Australian companies must adhere to). The article continues to explore briefly directors’ remuneration practices, recent shareholder’s rights protection and activism, the importance of corporate governance and the link to firm performance, and finally the importance of corporate social responsibility in the Australian context.
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Anderson, Matthew. "Fair trade and consumer social responsibility." Management Decision 56, no. 3 (March 12, 2018): 634–51. http://dx.doi.org/10.1108/md-01-2017-0013.
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Purpose The purpose of this paper is to examine the historical position of the ethical consumer as a driver of change within the Fair Trade movement. Fair Trade was originally envisaged as a model of South-North trade; however, with Fair Trade labels now available to consumers in India, Brazil, South Africa and Kenya, the geographies of production and consumption appear increasingly fluid and dynamic. Design/methodology/approach Using a historical comparative case study approach this paper draws on the records and archives from eight leading Fair Trade organisations based in the UK. Findings The paper develops an exploratory framework based on an assessment of Fair Trade’s theory(ies) of change and the role of the ethical consumer as an agent of change. Four consumer narratives are identified: simpler living and moral action; co-operation and solidarity; consumer demand and choice; and citizen-consumers. The paper concludes by considering the implications for globalising the concept of the “citizen-consumer” and the (re)politicisation of Fair Trade consumption. Research limitations/implications Primary data collection was mainly based on UK organisations. Additional comparative studies could develop an understanding of the context and geographies of Fair Trade practices. Practical implications New and emerging Fair Trade markets may offer valuable areas of further study. Social implications Increased understanding of the drivers of social change may lead to improved decision-making by Fair Trade organisations and policy-makers. Originality/value The paper contributes to the development and understanding of Fair Trade’s theory of change model by offering an historical dimension that is absent from the majority of existing studies.
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Rampersad, Renitha. "Monitoring and evaluation of corporate social responsibility programmes in South Africa." Risk Governance and Control: Financial Markets and Institutions 5, no. 4 (2015): 314–18. http://dx.doi.org/10.22495/rgcv5i4c2art5.
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The South African corporate sector invests millions to support community development and social programs. One of the more fundamental issues about sustainability in a business context is the fact that directors have a fiduciary duty to take into account interests of those stakeholders other than investors/shareholders. This therefore places major importance on sustainability reporting through reports on governance, economic, social and environmental performance and is increasingly being regarded as a key form of stakeholder engagement, and the most accepted formal way of communicating measured outcomes to all stakeholders. A number of methodologies may exist for the development of Corporate Social Responsibility (CSR) strategies or “how-to guides” for community engagement and investment, however, it lacks development in the field of CSR Programme Evaluation. Integrated approaches to the measurement thereof are still in expanding stages of development and statistical data and/or empirical evidence is lacking at this point. Trust and relationships take time to build but are valuable assets, therefore a company must show it has listened and acted in response to stakeholder concerns, this means that ongoing communication and reporting back to stakeholders is a very important component in any engagement strategy. It is therefore important for the corporate sector to not only evaluate the effectiveness of their CSR Programmes, but also to measure the impact on both their beneficiary communities and their business and subsequently on the Return on Investment (ROI). This paper will highlight a case of the South African corporate sectors attempts to evaluate its effectiveness and impact on beneficiary communities and how they quantify the impact of the investment through successful CSR interventions
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Ackers, B. "Ethical considerations of corporate social responsibility - A South African perspective." South African Journal of Business Management 46, no. 1 (March 31, 2015): 11–21. http://dx.doi.org/10.4102/sajbm.v46i1.79.
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Today, companies are under increasing pressure to implement corporate social responsibility [CSR] programmes that account for the economic, social and environmental impacts of their operations. In addition to companies voluntarilywanting to be seen as responsible corporate citizens, the requirement for CSR reporting is being institutionalised by the King Code of Governance [King III] in South Africa. The application of King III is mandatory for all companies listedon the Johannesburg Stock Exchange [JSE], albeit on an 'apply or explain' basis. King III requires companies to not only disclose their CSR performance, but also to ensure that such disclosures have been independently assured. Irrespective ofthe underlying reason for companies disclosing their CSR performance and for providing independent assurance thereon, companies are moving away from simplistically applying the cliche attributed to Friedman that "the social responsibility of business was to use its resources to engage in activities that would increase profits". Companies that have traditionally provided financial reporting to shareholders, are now beginning to account for their non-financial performance to other stakeholders as well. This paradigm shift requires those charged with company governance and reporting (including accounting professionals usually associated with financial reporting), to re-examine their morals, values and ethical beliefs.
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Molate, Mosie Constance, Marna de Klerk, and Petri Ferreira. "Corporate social responsibility disclosures by South African mining companies: The Marikana massacre." Corporate Ownership and Control 11, no. 4 (2014): 311–21. http://dx.doi.org/10.22495/cocv11i4c3p2.
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Following the strike at Lonmin Plc. which led to the death of 34 miners and the wounding of 78 others on 16 August 2012, we evaluate whether the extent of corporate social responsibility (CSR) disclosures by South African mining companies, in total and per disclosure category, was affected by this event. Content analysis is used to measure the extent of CSR disclosures before and after the Marikana massacre in the integrated annual and stand-alone CSR reports of companies. CSR disclosure was not affected by the Marikana massacre. Our results suggest that the extent of CSR disclosure may be influenced by other factors than only the need by companies to gain or repair legitimacy in response to a legitimacy-threatening event. The only variable in our analysis that had a positive and significant association with CSR disclosure, in total and for each of the different CSR disclosure categories, is whether a company is a member of the Social Responsibility Index (SRI) or not. We use the Marikana massacre, which, following many prior research using legitimacy theory, should have an effect on disclosure, to consider whether legitimacy theory in isolation can be used to evaluate why companies make certain choices regarding the extent of their CSR disclosures.
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Kgaugelo, Sammy Boya. "Governance and social responsibility perceptions of the SAFA affiliated football clubs executives." Corporate Board:role, duties and composition 12, no. 1 (2016): 75–83. http://dx.doi.org/10.22495/cbv12i1c1art1.
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Governance concerns have been in facade of society both in South Africa and in the rest of the world. These concerns have been raised at various levels such as public sector, private sector, and even within sports and recreation. The South African media have also heightened the exposure of incidents whenever gross violation of good governance principles occurred. The sport fraternity, particularly football, is not immune to this scourge. In the South African context, very little research has been done to look into the governance trajectories concerning sports organisations. As a result, this paper will consider how the Gauteng football clubs that are affiliated with the South African Football Association (SAFA) perceive issues of governance and those that concern social responsibility. Qualitative data in a form of semi-structured interviews was used. A total of 12 executive managers participated in the study. Atlas ti was used to analyse data deductively.The findings seem to suggest that the clubs are aware and supportive of good governance principles, ethics and issues of social responsibility. Calls are made to SAFA and its structures, government and the corporate sector to instil good governance principles and support social initiatives within their surroundings. Moreover, families and communities were encouraged to raise the bar in terms of improving the moral capital of society.
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Hinson, Robert E., and Tidings P. Ndhlovu. "Conceptualising corporate social responsibility (CSR) and corporate social investment (CSI): the South African context." Social Responsibility Journal 7, no. 3 (August 2, 2011): 332–46. http://dx.doi.org/10.1108/17471111111154491.
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Bond, Sue. "Care-leaving in South Africa: an international and social justice perspective." Journal of International and Comparative Social Policy 34, no. 1 (February 2018): 76–90. http://dx.doi.org/10.1080/21699763.2017.1413994.
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AbstractInternationally, the care-leaving debate began in the 1970s. The poor outcomes associated with care-leaving in the United Kingdom, United States of America and Australia prompted attention resulting in policy change in recent years, which continues to develop. The experience and outcomes for care leavers in South Africa reflects that of their contemporaries in other countries, however, contextual factors compound the problems that they face and there is little support available to them. This paper discusses some of the challenges facing care leavers and the development of the care-leaving debate, legislation and policy in the United Kingdom, United States and Australia. A comparison of the care-leaving arena in South Africa and the support services available to care leavers in the different countries will be presented. The paper concludes by arguing that the absence of services for care leavers is a neglect of the state's responsibility as corporate parent, and represents an issue of social justice.
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Formánková, Sylvie, Andrea Hrdličková, and Tomáš Grabec. "Corporate Social Responsibility of Public Administration through Eyes of Enterprises." Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis 65, no. 6 (2017): 1901–9. http://dx.doi.org/10.11118/actaun201765061901.
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The present paper focuses on corporate social responsibility in public administration. The subject of interest is the South Moravia Region and enterprises seated there. The subject of the present research includes overall awareness of the inquired enterprises about corporate social responsibility and activities of the South Moravian Region Authority related to corporate social responsibility of the institution. The research has brought conclusions testifying a certain level of knowledge of the CSR concept among enterprises, albeit on the basic level only. The awareness of socially responsible activities of the regional authority was very low and therefore further steps of this institution must be considered to improve communication of CSR activities and develop an environment for better cooperation of the public and the private sector in this area. The research was based on secondary data drawn from annual reports of the South Moravian Region Authority and on primary data obtained by questionnaire-based inquiry among 384 enterprises doing business in the South Moravia Region.
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Lebogang Sesale, Eunice, and Solly Matshonisa Seeletse. "Marketing fortification of business through crowdsourcing and social responsibility: focus on South African SMEs." Environmental Economics 8, no. 1 (April 7, 2017): 18–25. http://dx.doi.org/10.21511/ee.08(1).2017.02.
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This paper investigates networking and related activities for marketing performance of small and medium enterprises (SMEs) for the sustainable development and the preservation of the environment. These SMEs have limited business skills and knowledge, and don`t have any marketing funds. As a clearly growing trend aspect in business, networking approaches were blended to find approaches to help these SMEs to take their market niche. Thirty-seven (37) SMEs were used as a convenience sample to experiment with the concepts. They were investigated on what could optimize marketing results and what could offset marketing benefits. The paper finds out that networking provides effective marketing when is modeled under crowdsourcing. Options for crowdsourcing could also involve local organizations in the marketing networks. SMEs should document their activities for proper accountability and transparency. They should also use incentives to volunteers and crowdsourcing participants by giving them shares and be proactive in their approaches. Further, SME practitioners should require them to learn business skills.
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Kanchan, M. "Weaving social responsibility with business strategy: a case study of South India Paper Mills." Corporate Social Responsibility and Environmental Management 17, no. 3 (March 16, 2010): 169–72. http://dx.doi.org/10.1002/csr.227.
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Park, Byung Il, and Adam H. Cave. "Corporate social responsibility in international joint ventures: Empirical examinations in South Korea." International Business Review 27, no. 6 (December 2018): 1213–28. http://dx.doi.org/10.1016/j.ibusrev.2018.05.003.
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Adapa, Sujana. "Strategic corporate social responsibility or responsible performance of sporting organisations in Australia." International Journal of Sport Management and Marketing 18, no. 1/2 (2018): 83. http://dx.doi.org/10.1504/ijsmm.2018.091343.
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Han, Eun-Kyoung, Dong-Han Lee, and Hyoungkoo Khang. "Influential Factors of the Social Responsibility of Newspaper Corporations in South Korea." Journal of Business Ethics 82, no. 3 (October 5, 2007): 667–80. http://dx.doi.org/10.1007/s10551-007-9585-z.
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Tseane-Gumbi, Lisebo, and Kelechi Johnmary Ani. "Assessing the Economic Implications of Business Social Responsibility and Sustainability in South Africa’s Tourism Industry." African Journal of Business and Economic Research 14, no. 4 (December 13, 2019): 27–51. http://dx.doi.org/10.31920/1750-4562/2019/14n4a2.
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Freitas, Wesley Ricardo de Souza, Jorge Henrique Caldeira-Oliveira, Adriano Alves Teixeira, Nelson Oliveira Stefanelli, and Talita Borges Teixeira. "Green human resource management and corporate social responsibility." Benchmarking: An International Journal 27, no. 4 (April 2, 2020): 1551–69. http://dx.doi.org/10.1108/bij-12-2019-0543.
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PurposeIn the past, simply fulfilling economic performance alone was critical to ensuring the success of companies and their shareholders, but this traditional perspective is not compatible with society's current demands, as there is increasing social pressure on organizations to become more sustainable and reduce impacts on the environment, promoting sustainable results in their business processes. In this context, the specialized literature states that human resources management (HRM) is considered a central aspect for building sustainable organizations, in particular, the area of green human resources management (GHRM). Thus, this study analyzes the relationship between GHRM and corporate social responsibility (CSR) in Brazilian companies. Company's age, size, ISO 9001 and 14001 certifications are the control variables.Design/methodology/approachThe authors adopted a quantitative approach in conducting the survey. Four waves of email were sent to HR and CSR managers from 853 Brazilian companies from the metallurgical, automotive and chemical industries. In total, 79 questionnaires were fully answered, higher than the minimum sample calculated by the G*Power 3.1 software, which corresponds to a return rate of 9.26%. For the analysis of the results, the partial least squares method was used.FindingsThis research identifies that GHRM practices, in fact, positively influence CSR practices. The findings evidence that practices of performance evaluation, teamwork and recruitment and selection are the most important for a better CSR performance. The research results indicate that the “ISO 9001 certification” control variable also has a positive and significant effect on CSR and that the size of the company, the age of the company and the ISO 14001 certification, in the analyzed sample, were not relevant (as control variables) for CSR.Originality/valueCurrent literature highlights the gap between GHRM and CSR. This relationship is not explored in Brazil. The study uses a new theoretical model, and it fills the gap identified in the literature. This paper brings important theoretical and managerial contributions. It is the first in the literature to show, in an empirical way, the positive relationship between GHRM and CSR, contributing in an original way to the state of the art of the GHRM and CSR theme. In addition, this research adds empirical evidence on GHRM and CSR in Latin America/South America/Brazil.
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Azmat, Fara, and Ambika Zutshi. "Perceptions of corporate social responsibility amongst immigrant entrepreneurs." Social Responsibility Journal 8, no. 1 (March 2, 2012): 63–76. http://dx.doi.org/10.1108/17471111211196575.
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PurposeThe purpose of this paper is to explore the understanding of the term corporate social responsibility (CSR) by Sri Lankan immigrant entrepreneurs in Australia. It also seeks to investigate the importance the entrepreneurs place on CSR, their understanding of stakeholders, the types of CSR activities undertaken by them, and the issue of social capital.Design/methodology/approachData were collected through in‐depth semi‐structured interviews with Sri Lankan entrepreneurs based in Victoria, Australia.FindingsThe interviewees were aware of the term CSR but, nevertheless, had different interpretations of its meaning. However, CSR was considered important and all the interviewees were, in some way, involved in CSR activities and also had a good understanding of the importance of their stakeholders. Findings also highlighted the significance attached to social capital by the entrepreneurs such as informal relationships and trustworthiness which build the intangible attributes of CSR. The present findings can be attributed to immigrant entrepreneurs behaving partly to adapt to the host country, by changing their beliefs, values, traditions and partly by being influenced by their home country culture as found in the extended part of this current study.Research limitations/implicationsThis paper addresses gaps in the fields of both CSR and immigrant entrepreneurship literature. However, the small sample size is a limitation and further research is required in order to generalize the findings.Originality/valueIt is important to have an understanding of the interpretation of social responsibility amongst immigrant entrepreneurs. Despite the steadily growing number of Sri Lankan immigrant entrepreneurs and their potential impact on the Victorian and Australian socio‐economic context, this area remains under‐researched. This paper addresses this gap in the literature and makes an attempt to provide insight into this area that can be used as a catalyst for future research.
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Moyo, Talent, Simeon E. H. Davies, and E. Joubert. "Corporate social responsibility and organisational performance of a professional football club in South Africa." Corporate Ownership and Control 13, no. 1 (2015): 605–13. http://dx.doi.org/10.22495/cocv13i1c5p8.
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This research investigated the relationship between Corporate Social Responsibility (CSR) and organisational performance at Ajax Cape Town FC a professional football club in the South African Premier Soccer League (PSL). The data collected suggested that Ajax Cape Town FC employed CSR initiatives and consequently enjoyed various benefits from these activities. The CSR activities facilitated access to the club’s target market, developed and improved mutually beneficial relations with the community and consequently Ajax Cape Town FC experienced increased trust, a positive brand image and stronger loyalty from their fans. The outcomes of this study provide an insight into a South African professional football club and demonstrate how CSR initiatives can be used to successfully improve organisational performance.
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Orpen, Christopher. "The attitudes of united states and South African managers to corporate social responsibility." Journal of Business Ethics 6, no. 2 (February 1987): 89–96. http://dx.doi.org/10.1007/bf00382022.
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Kweyama, Fortunate Slindile, Shahida Cassim, Elias Munapo, and Emanuel Mutambara. "Impact of corporate social responsibility on employee engagement: A case of Eskom in South Africa." Corporate Board role duties and composition 11, no. 2 (2015): 80–97. http://dx.doi.org/10.22495/cbv11i2art7.
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The emergence of Corporate Social Responsibility (CSR) as a business management concept in the fifties ushered in a new error in the way business view its various stakeholders. Chief among the stakeholders are the employees by virtue of being the brains behind the organization. This study assesses the impact of CSR programmes on Employee Engagement (EE) in the South African State Owned Power Company, Eskom. In particular, the study interrogates the impact of the three CSR dimensions of awareness, involvement and environmental awareness vis-a-vis the two dimensions of EE, namely, Job Engagement (JE) and Organizational Engagement (OE). A total of 380 Eskom employees were used as participants. The major findings were that organizational leaders are eager to implement CSR strategies. The study further revealed realistic and practical practises to broaden understanding of the current status of the organization, understanding EE and understanding the role CSR could play as a potential Human Resources (HR) tool to engage employees for Eskom and other organizations in general. The study concludes by recommending further research across industries to address the relationship between CSR initiatives and EE.
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Abramuszkinová Pavlíková, Eva, and Marcela Basovníková. "Certification of Corporate Social Responsibility in EU and China." Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis 63, no. 3 (2015): 869–76. http://dx.doi.org/10.11118/actaun201563030869.
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Corporate social responsibility is reflected in environmental, social, economic, stakeholder and voluntariness dimensions. It had become an important topic for European agenda where CSR is considered as a concept whereby companies integrate social and environmental concerns in their business operations and interact with stakeholders on a voluntary basis. In general, it is the responsibility of enterprises for their impact on society. CSR and its certification is important not only for EU but also for out-European business partners such as China. This paper is focused on EU agenda related to CSR, certification, SA8000 standard and the case study of China in relation to SA8000. The results show that the interest in obtaining of SA8000 certificate has risen up to 3231 companies in 2013. European certified companies are represented by 1583 in 2013. The most developing regions in terms of SA8000 certification are Europe and Central Asia, resp. Europe, South Asia and East Asia and the Pacific. In Europe, the most SA8000 certified country is Italy with one third of certifications from the whole world. From out- European countries leading role is taken by India and China. China is the world biggest exporter in the apparel branch which has also the highest number of SA8000 certified companies.
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Ackers, Barry. "An exploration of internal audit’s corporate social responsibility role – insights from South Africa." Social Responsibility Journal 12, no. 4 (October 3, 2016): 719–39. http://dx.doi.org/10.1108/srj-01-2016-0003.
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Purpose In South Africa, King III requires companies to have their corporate social responsibility (CSR) disclosures independently assured. Within this context, the purpose of this paper is to examine internal audit’s CSR assurance role. Design/methodology/approach With reference to the International Professional Practices Framework of the Institute of Internal Auditors, the first phase of the study conceptually considers whether internal audit does qualify as an independent CSR assurance provider. Using a content analysis of integrated reports, the second phase examines the extent to which internal audit’s CSR assurance role has been disclosed. The final phase relies on survey responses to understand the emerging trends observed in the second phase. Findings The study finds that although internal audit does provide independent CSR assurance, this assurance is primarily intended for internal stakeholders to assist in improving the quality of CSR reporting practices. With one notable exception across the study period, the results suggest that any benefits accruing to external stakeholders were not deliberate, but merely incidental. The paper concludes by arguing that although internal audit will continue to incorporate material CSR issues into its mandatory risk-based auditing approach, the results will not necessarily be publicly available. The extent of reliance that external stakeholders can place on company CSR disclosures are therefore not directly influenced by internal audit’s involvement in CSR-related matters. However, by adopting a proactive CSR role, internal audit can assist reporting companies improve their CSR reporting practices. Originality/value Although CSR assurance has been extensively researched, this is one of the first studies to specifically consider the CSR assurance role of the internal audit activity. Despite its South African orientation, given the emerging nature of the CSR assurance phenomenon, the study findings have global implications.
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Bevan, Emma A. M., and Ping Yung. "Implementation of corporate social responsibility in Australian construction SMEs." Engineering, Construction and Architectural Management 22, no. 3 (May 18, 2015): 295–311. http://dx.doi.org/10.1108/ecam-05-2014-0071.
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Purpose – The purpose of this paper is to investigate the implementation of corporate social responsibility (CSR) related activities in small to medium sized construction enterprises within Australia. Reasons behind the implementation level are also evaluated. Design/methodology/approach – Quantitative and qualitative company level data from 28 Australian small to medium sized construction enterprises were collected using an in-depth questionnaire. Levels of CSR implementation in three aspects, namely, environmental, social and ethical, were measured. Each aspect was broken down into sub-areas and implementation scores were aggregated and normalised. Awareness level and concern for economic aspect, the two hypothesised reasons for level of implementation, were also measured. Non-parametric correlation analyses were used to examine the hypotheses. Findings – The findings suggest small to medium-sized enterprises (SMEs) incorporate some aspects of CSR into their business activities even though they do not refer to the practices as CSR, as none of them have a formal CSR policy in place. Most SMEs in the construction industry implement ethical and economic aspect of CSR; however implementation across environmental and social issues is limited. Non-parametric correlation analyses show that higher awareness of CSR issues leads to higher levels of implementation and that concern about economic aspect is not a reason why CSR is not implemented into business practices. Research limitations/implications – Everett Rogers’ diffusion paradigm can also be applied to CSR implementation, but more research works are required to theoretically and empirically examine the relationships between CSR implementation and economic aspect. Originality/value – It is apparent that there is a significant gap in the research regarding Australian SMEs and sustainability issues as the majority of the literature is focused upon large organisations even though the approaches taken by SMEs towards CSR are very different to those of large corporations. The SME business sector is a significant sector in terms of its environmental, economic and social impacts. Hence recognition of this sector is growing and is now becoming the focus of an agenda to promote the implementation of CSR practices in SMEs. This paper aims to provide useful and detailed information to add to what is currently an underdeveloped body of knowledge in this area.
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Greenland, Steven J., Lester Johnson, and Shahla Seifi. "Tobacco manufacturer brand strategy following plain packaging in Australia: implications for social responsibility and policy." Social Responsibility Journal 12, no. 2 (June 6, 2016): 321–34. http://dx.doi.org/10.1108/srj-09-2015-0127.
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Purpose This paper aims to inform social responsibility and social policy by describing the brand strategy of Australia’s largest tobacco manufacturer, British American Tobacco Australia (BATA), the year following the introduction of plain packaging and other regulation. Tobacco controls are a proven catalyst for reducing smoking, but manufacturers adapt swiftly seeking to minimise the impact of regulatory change. Design/methodology/approach BATA’s strategy was determined using 2012-2014 tobacco ingredient reports, recommended retail price lists and a supermarket retail audit. Findings The research identified over 70 BATA brand variants, offered in diverse packaging options, with new products and modified names appearing since 2012. In total 14 main brands are highly differentiated by price, with 45 per cent difference between the cheapest and the most expensive. Volume discounting occurs across packaging ranges, with twin packs offering best value and prices up to 10 per cent lower than those of single packs. Originality/value The research originality stems from the triangulation of three different data resources to establish brand strategy following increased regulation. The study confirms ongoing market segmentation using highly differentiated ranges, and it reveals the unintended consequences of corporate responses to regulation. Evolving variant names communicate product information and imagery previously imparted by pack design. Pricing strategies enable smokers to offset substantial excise increases through brand switching and volume buying. The research, therefore, reveals the potential for regulating these as yet unrestricted elements to enhance the impact of plain packaging and other tobacco controls, thereby further reducing the social impact of smoking.
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Makka, Anoosha, and Cecile Nieuwenhuizen. "Multinational enterprises perceptions of the national corporate social responsibility priority issues in South Africa." Social Responsibility Journal 14, no. 4 (October 1, 2018): 828–42. http://dx.doi.org/10.1108/srj-10-2017-0194.
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Purpose This paper aims to explore the perceptions of multinational enterprises (MNEs) representing four key economic sectors in South Africa regarding what the most important national corporate social responsibility (CSR) priority issues are for the country. This paper also investigates whether MNEs in South Africa are overwhelmed by the number of CSR issues in the country. Design/methodology/approach A qualitative research approach was used. Thirty eight semi-structured telephone interviews were conducted with CSR practitioners at MNEs in the banking and finance, manufacturing, mining and services sectors. Data were analysed by means of qualitative content analysis. Findings The majority of participants in this study indicated that the top three CSR priorities for South Africa in order of importance are education, training and skills development; building and developing local communities and health care and wellness. Another significant finding was that MNEs indicated that there are too many CSR issues in South Africa. Research limitations/implications The results of this study highlight the need for South Africa to develop a national CSR index which clearly articulates the top CSR priorities of the country. This study explored the views of MNEs from four economic sectors of the South African economy. This study can be expanded to incorporate other sectors. Practical implications The findings of this study provide guidelines to MNEs and firms about the key CSR priorities for the country. Originality/value As far as can be ascertained, this is the first study that seeks to identify the key national CSR priority issues for South Africa from the perspective of MNEs operating in the country. This study determines whether MNEs in South Africa are overwhelmed by the number of CSR issues that they are confronted with.
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Rim, Hyejoon, and Chuqing Dong. "Trust and distrust in society and public perception of CSR: a cross-cultural study." Social Responsibility Journal 14, no. 1 (March 5, 2018): 1–19. http://dx.doi.org/10.1108/srj-01-2017-0016.
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Purpose The purpose of this study is to investigate cross-cultural perspectives of corporate social responsibility (CSR) based on Carroll’s (1979, 1991) hierarchical CSR model. The present study examines the role of government and business trust in shaping publics’ expectations of business responsibility. Design/methodology/approach The primary data were derived from a cross-sectional survey in the USA, UAE and South Korea (N = 1,121). This paper compares publics’ prioritizations of business responsibilities across countries and examines how public trust in the government and business is related to CSR perceptions. Findings The paper presents evidence that publics’ perception of CSR differs significantly across the countries. Moreover, in a trusting society like the UAE, publics tend to put more emphasis on economic and philanthropic duties for business, whereas in a distrusting society like South Korea, publics consider legal and ethical responsibility to be important. Originality/value This study adds to the current understanding of diverse publics’ perception of CSR across culture and societies by highlighting the role of public trust in government in defining CSR.
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Choi, Daeheon, Chune Young Chung, and Jason Young. "An Economic Analysis of Corporate Social Responsibility in Korea." Sustainability 11, no. 9 (May 10, 2019): 2676. http://dx.doi.org/10.3390/su11092676.
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Around the globe, socially responsible activities are being integrated into regulations, and corporate social responsibility (CSR) is increasingly being recognized as a means of sustaining a business and improving its competitiveness. South Korea has made a significant effort to encourage CSR activities in order to increase its firms’ competitive advantage. This study evaluates the sustainable development activities of Korean firms, and empirically analyzes the positive impact of CSR on corporate performance (CP) in Korea over a period of four years. A comparison by industry reveals that CSR has a greater impact on CP in the manufacturing sector than it does in the nonmanufacturing and service sectors. Furthermore, the results for consumption goods are more positive than those for industrial goods, because the former are, in general, more affected by customer feedback. A case study of three Korean firms was used to examine CSR implementation in Korea, recent activities undertaken by Korean firms, and the integration of CSR concepts into firms’ strategies.
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Saputra, Windhi Tia, Yul Tito Permadhy, Fitria Ayuningtyas, and Niken Ridianti. ". Strategy and Society: Corporate Social Responsibility (CSR) to the Revolving Fund Program." Asian Social Work Journal 6, no. 1 (January 10, 2021): 1–11. http://dx.doi.org/10.47405/aswj.v6i1.142.
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This research was conducted to evaluate the Implementation of Corporate Social Responsibility (CSR) in the existing education program at PT FIFGROUP, as a program to help improve SME entrepreneurs' quality of business located around the company, especially in Cilandak Sub-district, South Jakarta. The theory used in this research is Corporate Social Responsibility. The method used in this research is qualitative, a case study approached, and the type of research descriptive. The data collection technique is in-depth interviews with Key Informant and Informants as well as methods of data validity by source. The results obtained in this research used the stages of Corporate Social Responsibility (CSR). The results of program activities have been running well by its purpose and benefits. The conclusion of the results of this research indicated that MSME entrepreneurs (micro, small and medium enterprises) got helped by the revolving fund program as assistance in improving the business. It is implemented by the stage of the implementation of Corporate Social Responsibility (CSR) and PT FIFGROUP doing continuous improvement to spread revolving funds to SME entrepreneurs (micro, small and medium enterprises) that eligible and promptly.
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Saputra, Windhi Tia, Yul Tito Permadhy, Fitria Ayuningtyas, and Niken Ridianti. ". Strategy and Society: Corporate Social Responsibility (CSR) to the Revolving Fund Program." Asian Social Work Journal 6, no. 1 (January 10, 2021): 1–11. http://dx.doi.org/10.47405/aswj.v6i1.142.
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This research was conducted to evaluate the Implementation of Corporate Social Responsibility (CSR) in the existing education program at PT FIFGROUP, as a program to help improve SME entrepreneurs' quality of business located around the company, especially in Cilandak Sub-district, South Jakarta. The theory used in this research is Corporate Social Responsibility. The method used in this research is qualitative, a case study approached, and the type of research descriptive. The data collection technique is in-depth interviews with Key Informant and Informants as well as methods of data validity by source. The results obtained in this research used the stages of Corporate Social Responsibility (CSR). The results of program activities have been running well by its purpose and benefits. The conclusion of the results of this research indicated that MSME entrepreneurs (micro, small and medium enterprises) got helped by the revolving fund program as assistance in improving the business. It is implemented by the stage of the implementation of Corporate Social Responsibility (CSR) and PT FIFGROUP doing continuous improvement to spread revolving funds to SME entrepreneurs (micro, small and medium enterprises) that eligible and promptly.