Even in situations when welfare state budgets can be considered generous, many socially responsible, beneficial activities remain that cannot survive without the financial support of private individual or corporate donors. The article seeks an answer to questions of to what extent the willingness to donate one’s own money depends on wealth and income, and what the role of other socio-cultural factors is. The data about the amount of private and corporate donations in particular regions of the Czech Republic in the period of the years 2011–2015 is compared with data about the regional economic prosperity and income. The regression analysis results show that it was only possible to explain to certain level the amount of donations by the rate of the wealth of firms and individuals in particular regions. In case of the companies, it is a medium-strong correlation, while the correlation is strong in terms of individuals. Particularly in terms of the corporate donation, the willingness to donate is significantly related also with other, non-economic factors in the region.
The article is focused on the connection between the willingness to do business and individual capital in the context of the Ústí Region as an example of a disadvantaged region. Social capital is divided into bonding capital, related with family and friendship relations, and mobilizing capital, related to the instrumental solution of situations with the help of social relations. The article has used a secondary analysis of data gained thanks to a questionnaire survey, which was representative of inhabitants of the Ústí Region. The results showed that the willingness to do business was connected with mobilizing social capital, while bonding social capital did not play any role. The analysis, however, also includes other variables as the role of the social capital differs, for instance, regionally: people with a higher education are more willing to do business, and the same also applies to people declaring a willingness to leave the region. The complexity of the variables related to the low level of willingness to do business cannot be reduced to mobilizing social capital. However, it is also necessary to reflect its significant role.
Social responsibility is a common part of corporate practice and an established topic of scientific research. Foreign studies have repeatedly concluded that the consistent integration of social responsibility into corporate strategy and strategic management of all dimensions of CSR strengthen corporate growth, bring competitive advantages, and contribute to the sustainable development of society. The aim of the paper is to find out whether even in the Czech Republic business entities with a strategic concept of CSR achieve better economic results compared to those whose approach to social responsibility is rather intuitive and unsystematic. Also, it seeks to answer the question of whether, with different corporate strategies, it is desirable to focus on different CSR activities that would support corporate growth. A survey of the dimensions of strategic CSR and basic economic characteristics was carried out on a set of more than 400 Czech companies engaged in CSR. Data were processed by methods of cluster analysis, factor analysis and multinomial logistic regression. The results show that there is a link between a more advanced (i.e., strategic) concept of CSR and achieving economic prosperity. It was also found that companies with different corporate strategies should carefully consider the benefits of individual CSR activities. All three strategies have shown positive effects resulting from activities aimed at employees and the local community. The differentiation strategy has shown the benefits of cultivating a market environment and the highest quality strategy for human rights protection. On the other hand, with the lowest price strategy, additional CSR activity does not mean an economic advantage. The conclusions contribute to the clarification of the links between strategic CSR and corporate growth in the Czech business environment and contribute specific knowledge that can be implemented by companies if they want to strengthen the positive effects of their socially responsible activities.
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