Corporate Social Responsibility performance assessment by using a linear combination of key indicators

Focacci, Antonio

doi:10.1504/ijbge.2011.039968

“…The global reporting (GRI) approach is a more traditional variant of the global corporate social responsibility rate (GCSRR) proposed by Focacci (2011). While the GCSRR is primarily prescriptive and not as definitive in application, its potentially greater value is in the utilisation of CSR factors that not only include financial data but also a much more comprehensive set of environmental and social indicators.…”

Section: Methodsmentioning

confidence: 99%

Financial indicators of corporate social responsibility in Nigeria: a binary choice analysis

Obi

¹

,

Ode-Ichakpa

²

2020

IJBGE

4

0

1

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Using multivariate binary choice models, this study investigates the effect of financial indicators on the practice of corporate social responsibility (CSR) in Nigeria. The indicators include return on equity, asset size, and revenue growth. Results of both linear probability and logistic models show that return on equity and asset size increase the likelihood of CSR practice. Sales growth has a negative effect. Compared to other metrics, firms with a large asset investment exhibit the highest likelihood of investing in CSR. Non-parametric tests confirm the positive linkage between CSR and asset size. These findings suggest that large firms, irrespective of their financial conditions, are more likely than other firms to invest in social initiatives. An implication for civil society might be to employ moral suasion to encourage financially strong firms, irrespective of size, to embrace CSR as an important means to boost their public image and long run performance.

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“…First, there is the impetus the economy has on companies engaging in CSR activities (Ghitulescu and Neves, 2012). Then, there is the issue of how these activities affect firm performance (Bird et al, 2016;Faisal et al, 2018;Focacci, 2011;Hussain, 2006;Miller et al, 2007;Sharma et al, 2019). Obi and Ode-Ichakpa (2020) investigated the effect of financial indicators on the practice of CSR in Nigeria.…”

Section: Relationships Between Csr and Corporate Governancementioning

confidence: 99%

An analysis of the ethical frameworks and financial outcomes of corporate social responsibility and business press reporting of US pharmaceutical companies

LaVan

¹

,

Cook

²

,

Žilić

³

2021

IJBGE

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We use content analysis to discern ethical patterns of communication differences between the business press and corporate social responsibility (CSR) reports in the US pharmaceutical sector. The methodology is based on content analysis of documents in the public domain, rather than based on surveys or interviews of other empirical work, allowing for replication and transparency. The qualitative and statistical analysis of our data indicates that there are statistically significant differences between how CSR is communicated in the business press and in the CSR documents themselves. However, there was not a statistical relationship between having a formal CSR report and financial outcome as measured by return on assets. The results indicate that individuals and organisations charged with communicating the organisations' activities should be cognisant of where there are differences and should develop communication processes to assure the company is disseminating the correct message in the reporting of their CSR activities.

show abstract

“…First, there is the impetus the economy has on companies engaging in CSR activities (Ghitulescu and Neves, 2012). Then, there is the issue of how these activities affect firm performance (Bird et al, 2016;Faisal et al, 2018;Focacci, 2011;Hussain, 2006;Miller et al, 2007;Sharma et al, 2019). Obi and Ode-Ichakpa (2020) investigated the effect of financial indicators on the practice of CSR in Nigeria.…”

Section: Relationships Between Csr and Corporate Governancementioning

confidence: 99%

An analysis of the ethical frameworks and financial outcomes of corporate social responsibility and business press reporting of US pharmaceutical companies

Žilić

¹

,

LaVan

²

,

Cook

³

2021

IJBGE

0

View full text Add to dashboard Cite

We use content analysis to discern ethical patterns of communication differences between the business press and corporate social responsibility (CSR) reports in the US pharmaceutical sector. The methodology is based on content analysis of documents in the public domain, rather than based on surveys or interviews of other empirical work, allowing for replication and transparency. The qualitative and statistical analysis of our data indicates that there are statistically significant differences between how CSR is communicated in the business press and in the CSR documents themselves. However, there was not a statistical relationship between having a formal CSR report and financial outcome as measured by return on assets. The results indicate that individuals and organisations charged with communicating the organisations' activities should be cognisant of where there are differences and should develop communication processes to assure the company is disseminating the correct message in the reporting of their CSR activities.

show abstract

Corporate Social Responsibility performance assessment by using a linear combination of key indicators

Cited by 9 publications

References 49 publications

Financial indicators of corporate social responsibility in Nigeria: a binary choice analysis

Financial indicators of corporate social responsibility in Nigeria: a binary choice analysis

An analysis of the ethical frameworks and financial outcomes of corporate social responsibility and business press reporting of US pharmaceutical companies

An analysis of the ethical frameworks and financial outcomes of corporate social responsibility and business press reporting of US pharmaceutical companies

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