Corporate social responsibility (CSR) is a concept that has gained significant attention in recent years, as more and more companies are taking steps to address the social and environmental impacts of their operations. A literature review is an important component of a dissertation, as it provides a comprehensive overview of the existing research on a particular topic. This essay will provide a literature review on CSR, highlighting key themes and trends in the field.
One of the main themes in the literature on CSR is the relationship between CSR and business performance. Some studies have found that companies that engage in CSR activities tend to have better financial performance, while others have found no significant relationship between the two. There is also debate about the direction of causality, with some arguing that good financial performance enables companies to engage in CSR activities, while others suggest that CSR activities contribute to improved financial performance.
Another key theme in the literature on CSR is the role of stakeholders. Companies are increasingly being held accountable to a wide range of stakeholders, including employees, customers, suppliers, investors, and local communities. The literature suggests that companies that effectively manage their relationships with these stakeholders tend to have better CSR outcomes.
There is also a growing body of literature on the role of leadership in CSR. Some studies have found that top executives play a key role in shaping a company's CSR strategy, while others have found that the influence of leadership on CSR is more complex, with multiple stakeholders influencing CSR decisions.
A third theme in the literature on CSR is the role of external factors in shaping a company's CSR activities. These factors include government regulations, industry norms, and societal expectations. Some studies have found that these external factors have a strong influence on a company's CSR activities, while others have found that companies have more autonomy in shaping their CSR strategies.
In summary, the literature on CSR is diverse and complex, with ongoing debates about the relationship between CSR and business performance, the role of stakeholders, the influence of leadership, and the impact of external factors. However, there is a general consensus that CSR is an important aspect of business, and that companies that effectively manage their social and environmental impacts tend to have better outcomes.
Dissertation Literature Review Sample: CSR » Superb Academics
Therefore, the stakeholder theory provides a system-based perspective of the organisation and its stakeholders where it acknowledges the dynamic and complex nature of the interplay between them. As such, using aggregated weights assigned to K dimensions of social performance obtained through questionnaire for CSP and using change in Return of Equity, change in Return on Sales and growth in sales as financial measures on a sample of 496 firms, Bernadette M. The marketing approach focuses on the use of the real market values in determining the overall financial performance of the firm. Corporate businesses generally have to meet ethical, legal, commercial and public expectations. Rousseau, in fact, conceptualised the individual-society relationship as a symbiotic situation whereby the two parties mutually confer some right to the state in order to maintain social order which makes human life and cohabitation better and to gain benefits of community and safety. The two groups comprised of activities that were under social aspects of CSR and the environmental aspects of CSR. It is in lieu of these vitalities of the literature review that any Below is a sample of a literature review on CSR Sample Solution Chapter 2: Literature Review This section presents the review of relevant literature on corporate social responsibility.
CSR in UK's Automobile Industry webapi.bu.edu
The third one is the Integrative Model whereas this model considers that business must attain social goal into the core practice of business philosophy and business is fully integrated with the goal of economic benefit and social contribution. As CFP was expected to be positively related to CSP, a one-year lag between CFP and all independent variables CSP, firm size, debt level, and industry was used. Basing on the stakeholder theory approach, several models on the CFP-CSP relationship have been proposed, where the largest number of investigations found a positive CSP-CFP relationship. The importance of Corporate Social Responsibility is so large because to increase the sales of the product and to create a positive image in the competitive market the practice of Corporate Social Responsibility is a must. As John Elkington 1997 rightly underlined that many companies exhibit corporate citizenship through charity or philanthropy. Corporate Social Responsibility In IKEA 735 Words 3 Pages 1. Business and Society, 4 1 , pp.
However, a number of scholars have criticized the responses observed and offered various explanations for the kind of the findings that were attained. Over environmental issues, research has revealed that businesses which are eco-friendly and demonstrate good CSR practices enjoy increased consumer purchase preference Gildea, 1994; Zaman, 1996 and good economic performance Al-Tuwaijiri, et al. A direct correlation between reputation and financial outcome measures — share price and credit rating Hancock, 2005 has been illustrated through a model designed by the global public relations company Bell Pottinger. I had an urgent paper needed in two hours. It is seen as tainting the act for the company to receive any benefit from the giving. But, it is also about the integrity with which a company governs itself, fulfils its mission, lives by its values, engages with its stakeholders, measures its impacts and reports on its activities.
