Consequences of Social and Environmental Corporate Responsibility Practices: Managers’ Perception in Mozambique (original) (raw)
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2016
There has been a significant growth of interest in the field of corporate social responsibility and the debate is still hot. There are however very few studies done in the least developed countries on the subject matter.The main objective of the study was to investigate the impact of CSR on Firm Financial Performance in the least developed countries, Tanzania being the country in question. The aim of this paper is to find out if there is a significant difference in financial performance of firms that engage in CSR relative to those that do not practice CSR. Independent sample t-test was used to test hypotheses. The data set included randomly selected 101 firms operating in Tanzania using accounting based measures of financial performance namely Return on Asset, Return on Equity.The findings presented revealed that there is a significance difference in financial performance favoring those firms that do Corporate Social Responsibility, implying that CSR has a positive influence on fir...
Variables of corporate social responsibility. A structural equation model
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Determinants of Factors Influencing Social Responsibility Performance in Businesses of Marawi City
INTERNATIONAL RESEARCH JOURNAL OF SHARIAH, MUAMALAT AND ISLAM, 2023
This work is licensed under CC BY 4.0 Along with the rising number of business enterprises, there is also a growing importance of social responsibility among businesses. However, there is a lack of visible CSR (Corporate Social Responsibility) initiative being implemented among the local business enterprises despite the known importance of CSR to a company's reputation and its impact to overall business success. Hence, this research sought to determine the various factors influencing social responsibility in businesses of Marawi City. This particularly includes the business profile, the level of understanding, the drivers and barriers, as well as the significant relationship of these factors with CSR initiatives. For this purpose, this study adopted quantitative-correlational type of research. Data was collected through a questionnaire from a 246 sample of businesses from different sectors in Marawi City. The data gathered was analysed using various statistical tools. The results of the study indicate that CSR activities are prevalent despite the fact that the majority of the firms operating within the city have a low net income. It was found that the firms' ability to participate in more CSR efforts were relevantly limited by lack of financial resources. The findings of this study also suggests that the belief that CSR is a form of charity is the most significant factor that drives the performance of CSR initiatives. The results of this study not only offer a deeper understanding of the factors affecting CSR implementation, but also proposes an Islamic CSR Framework that is in accordance with the practices valued by Muslim Maranao entrepreneurs.
2015
The financial implication of the adoption of corporate social responsibility (CSR) practices is still an obscure field of study, because studies suggest controversial results. Thus, this research aimed to examine the relationship CSR and economic performance of the companies of corporate sustainability index (ISE) of mercantile and futures exchange of Sao Paulo stock exchange (BM&FBOVESPA). The amount of companies allowing online access to their responses of the ISE questionnaire determined the sample of this research. Thus, for the study period from 2011 to 2012, it has been possible to access the responses of 12 companies, composing the overall sample of this research. The results of the regression analysis allow to statistically assert that for the sample used, environmental performance (EP) contributes to improving economic performance, measured by all financial metrics used: return on equity (ROE), return on assets (ROA), and net profit (NP). Statistically, it is only possible ...
Factors Affecting Corporate Social Responsibility: An Empirical Study
Systems Research and Behavioral Science, 2013
This study aims to determine how the influence of Corporate Social Responsibility (CSR) on Financial Performance at PT. Semen Tonasa. The type of research used in this research is quantitative descriptive. The data analysis technique used in the study was descriptive statistical analysis and multiple regression analysis. Based on the results of data analysis that has been done, it can be concluded that Corporate Social Responsibility does not affect the financial performance proxied in Return On Assets (ROA), this is because the size of the company's ROA will not change the disclosure of social responsibility by the company. Companies that have large assets do not necessarily pay attention to or show good performance through their concern for the social environment. Corporate Social Responsibility affects the financial performance proxied by Return On Equity (ROE), this means that the higher the CSR disclosure, the more ROE will increase, this shows that broad declarations provide a positive signal to interested parties, and Corporate Social Responsibility does not affect the financial performance proxied in Earning Per Share (EPS), this is because the size of the company's EPS will not affect the disclosure of social responsibility by the company, it is possible because the number of shares circulating in the company is less than optimal.
Corporate social Responsibility : Linkage Business Performance and Social Performance
The South East Asian Journal of Management, 2017
Various types of corporate social responsibility (CSR) are perceived differently by parties associated with those activities because CSR is driven by different motives. This study investigates how CSR activities-CSR activities concerning health and well-being of mothers and children-act as liaisons between business performance (brand attitude and loyalty) and social performance (children's quality of life). A survey was conducted in Indonesia on 450 respondentscustomers of firms in industries related to natural resources and in regards to children's well-being. The data were considered via factor analysis and multiple regression analysis. The results show business, stakeholder, and moral motives. Brand attitude and loyalty can influence perceptions toward these motive. Further, these motives could increase or decrease social performance. Companies should consider the type of CSR activities to engage in because the activities can be perceived as being driven by different motives and have different impacts on social performance. This result suggests that companies can harmonize business aspects and social aspects of CSR in creating value.
Orientation towards social responsibility of North-West African firms
Sustainability Accounting, Management and Policy Journal, 2019
Purpose Corporate social responsibility orientation (CSRO) is considered a crucial strategy to enhance long-term competitiveness around the world, and it is starting to be a broader issue in Africa. Based on recent works addressing the CSRO–performance relationship in countries outside the African continent, this paper aims to assess CRSO in North-West Africa. Design/methodology/approach In this study a questionnaire was distributed among 122 managers in two countries in North-West Africa: Guinea-Bissau and the Ivory Coast. Partial least squares (PLS) structural equation modelling (SEM) is used to assess the path or relationships for the North-West African context. Findings The results show that there is a generally positive perception of the economic, social and environmental dimensions of CSRO, although special emphasis is laid on the economic and social issues, mainly when they are related to human resources. The study also revealed the important role of innovation as mediator be...
Sustainability
In developing nations, environmental policies have not given nearly enough consideration to the role that environmentally friendly innovation plays. Green innovation and long-term financial performance are extremely dependent on one another. Despite the fact that numerous studies have investigated the impact that a variety of corporate social responsibility (CSR) activities have had on environmental sustainability, relatively few have investigated the implications of green innovation strategies and sustainability. From the mid-2021 through to mid-2022, information was gathered from 184 businesses listed on the Pakistan Stock Exchange (PSX) across 12 different industries. Estimates of the results were obtained by the use of structural equation modeling using partial least squares (PLS-SEM). The outcomes of the study indicated that all parts of CSR were positively significant in the process of fostering environmentally sustainable growth, with the exception of one aspect of CSR that w...