Brazil CSR Under Construction
Mariana Lima Bandeira and Fernando Lopez Parra Abstract The discourse of social responsibility invades and becomes institutionalized in contemporary society - and not only in Brazil - creating different forms and instruments through which the negative effects of modernity and capitalism can be minimized. One of these instruments legitimizes itself by its legal character -a group of laws, norms, and juridical means that regulate corporate responsibility. Within this perspective, the concept of...
Finnish Culture and CSR
Interestingly, some distinct aspects of Finnish culture also influence the views and management of CSR. From roadmapping study Theme 1 , some similar concepts with CSR are reflective of the Finnish culture and attitude. The assumption that CSR has long been a part of the Finnish culture and business practices is very strong. Hence most CSR principles are, not surprisingly, often taken for granted because it is a self-evident mindset for the Finns. Strongly put, CSR thinking has been in Finland...
Contents
Global Practices of CSR in Context 1 Samuel O. Idowu and Walter Leal Filho 1 The United Kingdom of Great Britain and Northern Ireland 11 37 3 Federal Republic of Germany 61 Walter Leal Filho and Paulina S. Pawlak 73 Virgilio Panapanaan and Lassi Linnanen Karolina Windell, Maria Grafstrom, and Pauline Gothberg 125 Celine Louche, Luc Van Liedekerke, Patricia Everaert, Dirk LeRoy, Ans Rossy and Marie d'Huart 7 Greece A Comparative Study of CSR Reports 149 Nikolaos A. Panayiotou, Konstantinos G....
Russia Corporate Social Disclosures
Ataur Rahman Belal amp Vasily Lubinin Abstract This chapter aims to expand the existing CSD literature by providing insights from current Russian CSD practice, which is believed to be an under researched area. The main objective here is to examine the extent of CSD in Russia. For this purpose content analysis of 2004 annual reports of 20 large companies which are listed on the Russian stock exchange was undertaken. The key findings show that 18 90 out of the 20 companies included in the study...
Introduction
The notion that British corporate entities should behave responsibly can be traced back several centuries. It was the Portuguese that started the slaving of Africans in 1440 Rawley and Behrendt 2005 by 1562 England had joined in the socially irresponsible trade through Sir John Hawkins Du Bois 1896 . By the 1760s, slavery and the treatment of African slaves had become a social issue in Great Britain. By the late 1780s, Sir William Wilberforce and two of his other parliamentary colleagues,...
Different Perceptions of What CSR Entails
It is widely acknowledged that modern corporations have some social responsibility towards society even the most adamant opponents of CSR agree with this assertion. There is, however, a different perception of what this responsibility entails, which in effect suggests that there are different paradigms of CSR. On the one hand there are some supporters of CSR who believe and argue fervently that an entity's social responsibility is a single one, which is that the entity must increase its profits...
Logit Model
For the second objective, the model used to test empirically whether the corporate donation is related to the factors attribute is based on the previous model of Adams and Hardwick 1998 . On the basis of their studies, a multivariate logit regression model is developed. Basically, logit regression is a form of regression that is used when the dependent is a dichotomy. In logistic regression, besides predicting the value of a variable Y from a predictor variable X or several predictor variables...
Egypt Social Responsibility Disclosure Practices
Abstract This paper offers updated evidence on social disclosure trends in Egypt. It examines whether Egyptian companies care about the community as an important stakeholder in their Internet social reporting. In doing so, the paper employs content analysis to measure and explore the social responsibility self-disclosure practices of major Egyptian companies in their online annual reports and or Websites. The analysis shows that although there are good examples of corporate social...
Literature Review
The field of knowledge that encompasses what amounts to socially responsible actions has been variously described in the literature and elsewhere as corporate social responsibility, corporate citizenship, corporate philanthropy, corporate community involvement, corporate giving, community relations, community affairs, community development, corporate responsibility, global citizenship, and corporate societal marketing. Kotler and Lee 2005 stated simply that CSR was about 'doing good'. Kakabadse...
Supply Chains
Of course many of the labour issues discussed above are related to the extensive supply chains to be found in Chain. China is increasingly the manufacturing workshop of the world. It alone produces 80 per cent of the world's toys, 70 per cent of kitchen appliances, 75 per cent of all shoes and 50 per cent of all garments. However, it also has a rapidly growing service sector, in turn serving supply chains and including a range of IT firms, call centers and other service oriented provision for...
List of Contributors
Professor Konstantinos G. Aravossis is a Lecturer in the School of Mechanical Engineering in Section of Industrial Management and Operational Research, NTU Athens. He has completed many scientific projects and publications in his research interest areas and was president of the Greek Association of Environmental Protection Companies 2001-2006 . His academic interests are Environmental Management, Environmental Economics, Investment Assessment, and Technology Economics. Dr S. Burak Arzova is an...
Corporations Websites Review
The identification of CSR Programmes operated by Mexican companies and or transnational companies located in Mexico, commenced by searching on Google with the following key words in Spanish Social Corporations, Corporate Social Responsibility Programmes, Social Companies, Corporate Social Responsibility in Mexico, and other synonymous terms and combinations thereof. The CSR Seal award described in later sections was the foundation for the analysis of corporations' websites. In 2006, 174...
FTSEGood Indices
FTSE4Good Index Series is a set of benchmark and tradable indices on the London Stock Exchange. The indices can be used for investment, research, reference, and benchmarking and is similar to the Dow Jones Sustainability Index in New York. The index was launched in 2001 with the main objective of meeting the information needs of socially responsible investors who seek to Invest in companies that demonstrate good standards in corporate responsibility Actively encourage companies to be more...
Mutualized Activities in CSR Awareness and Promotion
There are basically two rating agencies that have emerged in France since the end of the 1990s. The first is the ARESE agency, created in 1997 with support from the Caisse des Depots et de Consignation French funding body for public works and housing and the Caisses d'Epargne savings banks . Its aim was to produce a Social and Environmental Rating for each company based on an econometric procedure, originally intended for fund managers. In 2003, the Vigeo agency, a French public limited company...
General Analysis
The key findings of the content analysis of corporate social disclosures on the Internet along with the industry membership and total assets of each company are presented in Table 16.3. The analysis of Table 16.3 reveals that nine companies chose not to disclose social responsibility information on their Web Sites or in their online annual reports. Only seven companies about 44 of the final sample disclosed a total of 231 social responsibility sentences, representing an average of 33 sentences...
Labour
According to the International Labour Organisation labour rights should be at the heart of any debate on CSR in China because so many migrant workers in the country are denied their rights and are at significant risk of exploitation. The Chinese government agrees and has also made labour rights a key issue in recent years and is expecting companies to abide by comprehensive labour laws. In particular, the government has expressed severe concerns about the treatment of migrant workers, the...
Obstacles to CSR in China
The vast majority of CSR initiatives taking place in China are being done by the leading Western brands sourcing from supply chains there. It is clear that most domestic companies have limited awareness of what CSR is or of the external drivers that are pushing CSR along supply chains. Although they are often faced with codes of conduct from customers they often tend to see these as a nuisance and regard them as no more than an instrument of compliance. Local managers and owners often do not...
CSR in the Supply Chain
Another important aspect of the CSR roadmap was the implementation of CSR policies and strategies in the supply chain. This was the focus of Theme 3, highlighting a good case of proactive and progressive CSR management in the supply chain. On the basis of the experience, it was positively acknowledged that implementing CSR policies and strategies in the supply chain is favorable although associated with some problems and challenges. For this theme, experiences of five companies are presented...
Chapter Belgium
Celine Louche, Luc Van Liedekerke, Patricia Everaert, Dirk LeRoy, Ans Rossy and Marie d'Huart Abstract Corporate Social Responsibility is a relatively recent concept in Belgium but there has been a significant increase in its awareness since 1995. In May 1997, a legal framework for sustainable development was set up in the country. In April 2006, the government adopted a Reference Framework for CSR which was followed in 2007 by the CSR action plan. In addition to governmental initiatives, the...
CSR Roadmap in Finnish Companies
This section gives a general picture or roadmap of CSR as it is defined, managed, and practiced in selected Finnish companies. The derived roadmap did not give an exact definition of CSR, but instead reveals various concepts ascribed to be a part of, if not actually CSR Table 4.1 . Despite the variations, some generally favored conceptual connotations of CSR relate to compliance with laws and regulations, integral to all operations of a company, hinged on environmental responsibilities,...
HM the Clothing Retail Company
H amp M is a clothing company with 60,000 employees and is active in 28 countries around the world. H amp M does not own any factories, but production processes of their clothing involve about 2,000 factories with more than 700,000 employees. H amp M is actively creating an image for themselves as a responsible company, and they present their products using the label CSR. It has chosen to use CSR instead of other similar labels and concepts, such as sustainability and corporate citizenship,...
Malaysian Scenario
Traditionally, the main concern of Malaysian businesses is to make profit. Their main objective is to serve the shareholders by maximizing the shareholders wealth. To achieve this they exercise whatever means and ways they can for as long as they are within the ambit of the law. In the last several decades, companies are forced to reconsider their objectives. This is in response to issues such as the oil crisis, environmental degradation, human rights, labor issues, and natural disasters....
References Six
Aagaard, P. 1996 . Finding common ground. Hollis Sponsorship and Donations Yearbook Fourth Edition , Hollis Directories Ltd, London, pp. 295-96. ACCA 2GG4 . State of Corporate Environmental and Social Reporting in Malaysia 2GG4, ACCA Malaysia. Adams, M. and Hardwick, P. 1998 . An analysis of corporate donations United Kingdom evidence. Journal ofManagement Studies, 35 5 , pp. 641-654. Alexander, G. J. and Buchholz, R. A. 1978 . Corporate social responsibility and stock market performance....
The Future of CSR in China
The main challenge for China for the future is in moving away from an inspection and auditing mentality towards capacity building on the ground and creating longer term trusting relationships down the supply chain. That is not going to be easy and it will need the cooperation of a range of agencies, NGOs and business throughout the supply chain. Unfortunately in China it is very difficult to find local partners that have the ability, knowledge and know-how to help. One multi-stakeholder...
Adult consumers at Retail Stores
As observed in Table 13.6, 243 adult consumers were interviewed, only 19 out of the total claimed to know the concept of corporate social responsibility, but 28 of them are unaware of corporations with social responsibility activities. Seventy percent out of the adult consumers claimed to know the concept but are unsure of corporate social responsibility programmes. Table 13.7 shows that only 48 of the adult consumers know the concept and would prefer to buy products from corporations, which...
SCR Survey
After the researchers had identified CSR programmes in Mexico, they were interested in knowing Mexican-consumers' perceptions these programmes. For that reason, an interviewee-administered questionnaire was developed for analyzing the consumers' perceptions. The questionnaire was made up of eight questions divided on three categories, see Appendix. The first part aims at collecting information about interviewers' knowledge of CSR in Mexico. The second part asks about interviewees' support of...
Example of a strategist company Lafarge
World leader in construction materials and cement, internationalized to a high degree particularly in emerging markets and developing countries, Lafarge was one of the first signatories of the Global Compact and one of the first members of the World Business Council for Sustainable Development WBCSD . The group's activities do have a strong impact on the environment. Accidents in the workplace and the hard working conditions constitute real risks for the company in terms of cost and likewise of...
The Role of UK Governments Since the s
UK governments have been involved in different aspects of the field of CSR either directly or indirectly. Moon 2004 notes that the two ostensibly very different governments of Thatcher Conservative, 1979-1991 and Blair Labour 19972007 have helped the growth and institutionalization of CSR in the UK. Idowu and Towler 2004 argue that initially it was the rights of employees that were first recognized as needing government attention. Acts of Parliament have been passed including the Equal Pay Act...
Motivation for Issuing CSR Reports by UK Companies
It is perhaps appropriate at this point once again to remember Adam Smith's 1776 argument that 'the butcher and the others do not set out to meet their customers' requirements merely because of their deep love for those customers who buy from them but because of the butcher's etc self-love'. Adam Smith's 1776 statement was one of the driving forces behind an empirical study that was carried out in 2005 by this author with the objective of establishing the motivation behind corporate entities'...
CSR Survey
13.3.3.1 Professors at the University of Sonora Eighty-nine professors at the University of Sonora were surveyed, only 36 out of the total claimed to understand the concept of social corporate responsibility Table 13.2 SCR information access through corporations' websites identified on TV Table 13.2 SCR information access through corporations' websites identified on TV Corporations with Social Responsibility Identified on TV Other countries awarded corporations Awarded corporations defining a...
Sample Specification
In order to carry out this study, the 2003 and 2005 annual reports were obtained for the sample from Public Listed Companies of the Main Board of Bursa Malaysia. The 2003 sample consisted of companies with year-end between January 1, 2003 and December 31, 2003. Similarly, the 2005 sample consisted of companies with year-end between January 1,2005 and December 31, 2005. The annual reports were downloaded primarily from the Bursa Malaysia Website.4 Table 10.2 Description of the sampling...
Studies in Value Relevance
Accounting numbers are defined as value relevant if they have a predicted association with equity market values. One way in which accounting numbers can be assessed is to see how they relate to stock returns. Accounting numbers that update the market's beliefs will generate a change in returns. The technique for measuring the market impact of accounting numbers was developed primarily by Ball and Brown 1968 and was called the Abnormal Performance Index. Basically, there are three objectives of...
Disclosing Companies Examples of Good Practice OTHs Internet Disclosures
Social disclosures were noticed in only one occasion in the 2006's online corporate annual report under Corporate Social Responsibility section Stemming from its belief of its role in society, Masrawy.com proudly declares its sole and exclusive online responsibility towards the Children Risk Program initiated by Cilantro Nahdet El Mahrousa. Masrawy.com is taking the responsibility of spreading online awareness of the program through covering all issues of concern related to the problem of...
Turkey Civil Society Practices
Abstract This chapter discusses the evolution of the concept and practice of CSR in Turkey. It addresses the political, economic and social developments of CSR from Turkish's perspective. It provides an overview on the roles of public and private sector organizations and non-governmental organizations NGOs as well as the way in which Turkish culture in terms of philanthropy compliments the practice of CSR. The chapter also provides some concrete examples of the practice of CSR in corporate...
Conceptual Papers On Ethics N Corporate Social Responsibility
Bloom, P.N. and Gundlach, G.T. 2001 , Handbook of Marketing and Society, Thousand Oaks, CA, Sage. Carroll, A.B. 1991 , The pyramid of corporate social responsibility towards the moral management of organizational stakeholders, Business Horizons, Vol. 34, No. 4, pp. 39-48. Carroll, A.B. 1999 , Corporate social responsibility evolution of a definitional construct, Business and Society, Vol. 38, No. 3, pp. 268-295. Carroll, A.B. and Buchholtz, A.K. 2003 , Business and Society Ethics and...