The global health, economic, and social impacts of the coronavirus (COVID-19) pandemic are growing day by day. Over the past few months, first China, and now the whole world has been grappling with the effects of the COVID-19 pandemic in businesses, employees, customers, communities, and each other. The people worldwide are strongly committed to working together and supporting each other in every way possible during this critical period filled with fear and uncertainty. Grounded on stakeholder theory and corporate social responsibility (CSR) literature, the study attempts to explore business responses to the COVID-19 pandemic to support its vital stakeholders such as employees, customers, communities, and society as a whole through CSR initiatives. The study based on the contemporary phenomenon considered multi-items as data sources such as press releases, newsletters, and letters to shareholders, which were retrieved from the top 25 (the sample) corporations of the 100 Best Corporate Citizens-2019 (the population) in the United States’ respective websites on the internet. The outcomes of this research report that sampled companies show respect to their employees and focus on stewardship relations between corporations and customers and communities during the COVID-19 pandemic. It will have a significant theoretical application and practical implication on business duty to society and future research on CSR as a strong arm to deal with a critical disaster like the COVID-19 pandemic.
Grounded on stakeholder theory and contemporary corporate social responsibility (CSR) literature, this study aims to investigate the broad categories of CSR programs (CSRPs) of scheduled banks and nonbanking financial institutions of Bangladesh Bank (the central bank of Bangladesh). This study also attempts to build the relationship between CSRPs and community perceptions of societal progress. Qualitative and quantitative methods were used to analyze the data collected from primary and secondary sources. The findings of this study show that CSRPs positively influence community perceptions of societal progress. The results of this study will have significant practical implications on societal progress and future research on CSR and community development.
Financial technology, commonly used the term as FinTech, is a key emerging driver of inclusive finance. This is also one of the emerging issues of finance as well as financial research. This research is done with the purpose of showing the present status of China’s FinTech in inclusive finance development. In addition, the study raises regional disparity and critical issues related to the inclusive development. A secondary data analysis methods are systematically carried out to demonstrate the present situation of internet finance in the development of inclusive finance in China, as well as the developing status of different provinces through internet finance. The ultimate finding of this research is that, despite significant development in China’s financial system, there is still a development inequality between the most and least developed regions. This study also identifies some important issues that should be taken care of by the policy makers. This research is done from authentic data also sources with appropriate explanations, which help the readers, academicians, researchers, and others to get comprehensive understanding of China’s FinTech and its influence on inclusive development.
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