Corporate social responsibility: evidence from Nepalese financial service and manufacturing sectors

Chapagain, Bal Ram

doi:10.3126/ejdi.v11i0.6103

Cited by 12 publications

(18 citation statements)

References 18 publications

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“…As a part of community related CSR, cash donations appear the most practiced one and scholarship programs in education sectors appear as the next important activity. Likewise, Chapagain (2010) found that both financial service and manufacturing sectors of Nepal have above-average involvement in most of the CSR aspects. However, both sectors have weak involvement in community aspect of CSR.…”

Section: Status Of Csr Practicesmentioning

confidence: 96%

“…There are some studies (SAWTEE & ECCA, 2010;Chapagain, 2010;Adhikari, 2012;Ghising, 2013;Adhikari, Gautam & Chaudhari, 2016) regarding the status of CSR in the Nepalese context as well. SAWTEE and ECCA (2010) from the survey of 124 companies found that the top most priorities of Nepalese businesses are to fulfill the needs and expectations of customers and shareholders.…”

Section: Status Of Csr Practicesmentioning

confidence: 99%

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Status of Corporate Social Responsibility Practices in Nepal

Chapagain

2020

Quest J. Mgt Soc. Sci.

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Background: Although there has been a significant interest in corporate social responsibility (CSR) in recent years, there is lack of adequate studies regarding the status of CSR practices in Nepal. The existing studies generally suffer from the narrow conceptualization of CSR, focus on selected companies or industry sector only and from the relatively small sample size. Objectives: This paper aims to identify the status of CSR practices in the Nepalese context. Methods: This study uses questionnaire survey method by taking a sample of 168 listed companies of Nepal representing diverse industry sectors. Descriptive statistics, one-way ANNOVA and t-test have been used to analyze the collected data. Results: The overall status of CSR practices in Nepal is above the moderate level. The most common CSR practices in Nepal relate to corporate governance as well as customers whereas the least common CSR practices include environment and community related activities. Likewise, level of CSR practices is significantly higher among large firms compared to small and medium sized enterprises (SMEs). However, there is no significant difference on the status of CSR practices between banking sector and non-banking sector firms. Conclusions: While the overall status of CSR practices in Nepal is above the moderate level, Nepalese companies are not paying adequate attention on community and environment related issues. The results also indicate that size of the firm tend to affect the level of CSR practices in the Nepalese context though the difference on CSR practices between small and medium sized firms is not statistically significant. Implications: The government and policy makers may consider giving tax exemption or any other clearly spelled out incentives particularly to the environment and community related CSR activities. Likewise, managers and other stakeholders including the government may focus on identifying and overcoming the barriers for CSR practices among SMEs in Nepal.

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Section: Status Of Csr Practicesmentioning

confidence: 96%

Section: Status Of Csr Practicesmentioning

confidence: 99%

Status of Corporate Social Responsibility Practices in Nepal

Chapagain

2020

Quest J. Mgt Soc. Sci.

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“…According to Chapagain (2010), CSR practices emphasize more on social and environment aspects to improve company performance. The findings of this study show that CSR practices encourage companies to implement CSRP such as social obligations and environmental management.…”

Section: Literature Reviewmentioning

confidence: 99%

CSR practices, ISO 26000 and performance among Malaysian automotive suppliers

Fuzi

Habidin

Hibadullah

et al. 2017

SRJ

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Purpose The purpose of this study is to examine the relationship between corporate social responsibility (CSR) practices, ISO 26000 and corporate social responsibility performance (CSRP) among Malaysian automotive suppliers. Design/methodology/approach For this research purpose, 400 questionnaires were given simultaneously to each Proton and Perodua automotive supplier by the researcher. In all, 288 sets of questionnaire were successfully collected, which showed a 72 per cent response rate for the 400 questionnaires distributed to Proton and Perodua automotive suppliers. In this study, the structural equation modeling (SEM) technique was utilized to perform the required statistical analysis of the data survey. To test the reliability and validity of the instruments, exploratory factor analysis, reliability analysis and confirmatory factor analysis were performed. Findings The findings indicate that the relationship between CSR practices and CSRP was positive and significant, and the relationship between CSR practices and ISO 26000 was also positive and significant. ISO 26000 has a direct positive and significant relationship with CSRP. Therefore, ISO 26000 mediates the relationship between CSR practices and CSRP. The results indicate that ISO 26000 could be considered as a partial mediator. Therefore, the impact of implementation of CSR practices on performance increases with ISO 26000 as a mediator among Malaysian automotive suppliers. Practical implications This research provides important guidelines for automotive and related companies to implement CSR practices and ISO 26000 to improve CSRP. Malaysian automotive suppliers may need to consider the measurement of CSR practices, ISO 26000 and CSRP as beneficial to their company. Based on the findings, Malaysian automotive suppliers can apply the ISO 26000 as the guideline for CSR practices to increase the CSRP. Originality/value This research makes a new contribution to ISO 26000 between CSR practices and CSRP, especially for Malaysian automotive suppliers, by using the SEM technique. This research provides important information for decision-makers involved in CSR practices, ISO 26000 and CSRP implementation and also provides useful reference for future researchers in this research area.

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“…Organization performs corporate social responsibility for the growth and development of the business Sanitation is the secondary function (Ashley, 2012). CSR is not considered as the expenditure for the organization, but as strategic resources that enhances the performance and competitiveness of the corporation' (Chapagain, 2010). Corporate social responsibility is not to solve the world's problem but the capable companies can improve the life of the people by creating sustainable development opportunity in the society where it operates it business (Kandel, 2018).…”

Section: Introductionmentioning

confidence: 99%

Transforming corporate governance through effective corporate social responsibility (CSR) and social entrepreneurship orientation in Nepal

Parajuli¹,

Rajbhandari²,

Joshi³

et al. 2019

Quest J. Mgt Soc. Sci.

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Background: Different studies and development interventions have confirmed that socio-economic progress of a society is largely influenced by the exhibited level of corporate social responsibility (CSR) and social entrepreneurship orientation taken into account. This reality may serve in the same magnitude in context of present Nepalese corporate sector. However, different studies indicate that only a limited number of organizations are involved in such activities in the present context of Nepal. On the other hand, truthful participation with corporate social responsibility (CSR) related initiatives has been made mandatory in many countries thereby governing the CSR initiatives by defined rules and regulations. Objectives: The thrust of this paper was to understand the magnitude and direction of CSR and social entrepreneurial orientation of the Nepalese corporate sector, its current state, issues, challenges and ways forward. Methods: Accomplished on qualitative paradigm of study as a blend of guided literature reviews, seminar discourses and general situation observation and analyses, it may be claimed as a developmental discourse. Results: The Nepalese corporate sector has been positively inclined towards enhancement of brand image, reputation and societal relationship by means of truthful engagement in CSR and societal entrepreneurship initiatives. Conclusions: The attainment of socio-economic well-being can be witnessed by implementing effective CSR and social entrepreneurship initiatives. Insufficient preparedness of the public agencies with lack of follow-up, financing crises, traditional corporate policies and procedures have been the impeding issues affecting the design and execution of CSR and social entrepreneurship initiatives at present in Nepal. Implications: Required strict policy regulations at governing level and effective programming at implementation at corporate or industry level.

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Corporate social responsibility: evidence from Nepalese financial service and manufacturing sectors

Cited by 12 publications

References 18 publications

Status of Corporate Social Responsibility Practices in Nepal

Status of Corporate Social Responsibility Practices in Nepal

CSR practices, ISO 26000 and performance among Malaysian automotive suppliers

Transforming corporate governance through effective corporate social responsibility (CSR) and social entrepreneurship orientation in Nepal

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