Corporate Social Responsibility strategies in the utilities sector:A comparative study

Arena, Marika; Azzone, Giovanni; Mapelli, Francesca

doi:10.1016/j.spc.2018.12.006

Cited by 28 publications

(17 citation statements)

References 52 publications

(72 reference statements)

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“…Institutions play an imperative role in CSR; institutional theory suggests that companies prejudiced by pressure in their environment for conformity, compliance, and constraining organizational actions applied through their referent spectators. In particular, when companies design their CSR strategies and decide between different alternatives, they need to understand and balance various types of institutional logic that bring concurrent pressures, as companies must consider socially accepted rules [18][19][20]. The neo-institutional theory states that different organizations in various countries have different CSR priorities because of their cultural elements, e.g., organizational actions, legal rules, and beliefs [29].…”

Section: Discussionmentioning

confidence: 99%

“…In fact, CSR is defined as "those lines of action which are desirable in term of the objectives and value of a society" [50]. In particular, when companies design their CSR strategies, they need to understand various forms of institutional logic [18][19][20]. The logic brings concurrent pressures, as companies must consider socially accepted rules and expectations of various stakeholders.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Institutional factors in corporate governance research have received very little attention. Few studies focus on institutional drivers of CSR with respect to resource-based theory and agency theory, stakeholder theory, and legitimacy theory, while some studies examine CSR in a cross-country setting [11][12][13][18][19][20][21][22][23]. The studies suggest that institutional factors and pressure such as government regulations, the legal system, national culture, and corporate governance significantly influence the firm's CSR policies.…”

Section: Introductionmentioning

confidence: 99%

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Sub-National Institutional Contingencies and Corporate Social Responsibility Performance: Evidence from China

et al. 2019

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This study investigates the relationship between sub-national institutional contingencies and corporate social responsibility performance (CSRP). Sub-national institutional contingencies (SNICs) play a moderating role in the link between CSRP and corporate financial performance (CFP). Using data from all A-share Chinese companies listed on the Shenzhen and Shanghai exchanges for the period 2010 to 2015, ordinary least square (OLS) regression was used as a baseline methodology to draw inferences from the data. The study uses propensity score matching (PSM) to confirm the robustness and to tackle the possible issue of endogeneity. We find reliable evidence that SNICs have a positive and significant effect on CSRP. This positive relationship is more pronounced in cross-listed companies as compared to state-owned enterprises (SOEs) and in companies located in the more developed region. Moreover, SNICs moderate the positive relationship between CSRP and CFP. The relationship is stronger in firms that are non-SOEs, are non-cross-listed, and are from less-developed regions as compared to their counterparts. The findings provide implications for regulators and individual companies. Investment in corporate social responsibility (CSR) helps companies to achieve their primary objective (i.e., financial performance). With respect to practical implications, the study indicates that policymakers, executives, and managers should refrain from “one size fits all” CSR policies. Instead, they need to simultaneously evaluate the effects of regional development, cross-listing, and ownership characteristics. Considering weak social performance by firms that are from less developed regions, are non-cross-listed, and that are non-SOEs, policymakers and the government should improve information transparency and the regulatory framework, and provide these firms with incentives. This study also provides insights for other emerging economies, especially those going through extraordinary government interventions.

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Section: Discussionmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Sub-National Institutional Contingencies and Corporate Social Responsibility Performance: Evidence from China

et al. 2019

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“…O papel dos stakeholders na tomada de decisão ganha cada vez mais importância, com os gerentes organizacionais acreditando que é necessário um equilíbrio de interesses de todas as partes interessadas (FRITZ; RAUTER; BAUMGARTNER; DENTCHEV, 2018; GOOYERT; ROUWETTE; VAN KRANENBURG;FREEMAN, 2017). Ao realizar atividades de RSC, as empresas devem atender às expectativas dos seus stakeholders, tais como acionistas, governos e fornecedores, escolhendo a melhor estratégia para lidar com a demanda de todos esses grupos (ARENA; AZZONE; MAPELLI, 2019;CAMPOS;GRANGEL, 2018). Nessa perspectiva, as empresas buscam adotar uma estratégia racional e pragmática com relação às expectativas de seus diversos stakeholders na tentativa de manter um pacto social com eles (OYEWUMI; OGUNMERU; OBOH, 2018; RAJ; KUZNETSOV; ARUN; KUZNETSOVA, 2019).…”

Section: Responsabilidade Social Corporativaunclassified

Análise da relação entre responsabilidade social corporativa e governança corporativa na empresa brasileira

Crisóstomo

Vasconcelos

Carneiro

2021

Perspectivas Contemporâneas

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O enfoque Stakeholder preconiza que as empresas devem adotar uma política de Responsabilidade Social Corporativa (RSC) abrangendo a atenção a seu amplo espectro de stakeholders. Cada vez mais, empresas estão sendo mais demandadas por adequadas práticas socioambientais por seus stakeholders. A relevância dada à adoção de boas práticas de Governança Corporativa é vista como importante na relação entre empresa e mercado ao contribuir para um comportamento mais ético da empresa. Este comportamento mais ético pode se converter em melhor observância a bons princípios de conduta que podem contribuir para favorecer a RSC da empresa. Este trabalho objetiva avaliar o efeito da Governança Corporativa sobre a RSC da empresa brasileira. Para uma amostra de 1.965 observações anuais de 303 empresas listadas na B3 estimou-se modelos por regressão Logit e procedeu-se a testes de comparação de proporções. Os resultados mostram uma tendência de influência favorável da qualidade da governança corporativa sobre a RSC no Brasil. Este achado indica que uma melhor governança corporativa da empresa induz a mesma a um melhor padrão de RSC. A adoção de melhores práticas de governança corporativa parece ser, de fato, um fator que contribui para a implantação de uma melhor política de RSC. Isto significa que, ao atentar para a boa gestão, controle e comportamento ético, a empresa também está atentando para o melhor relacionamento com o seu amplo conjunto de stakeholders como também com meio ambiente.

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“…According to the World Sustainable Development Index, Iran ranks 89th out of 157 countries (Environmental Protection Organization, 2017); This is because of the absence of proper understanding of development, uncontrolled growth and disregard for the concept of 'social responsibility as the most important strategy for sustainable development' (Chavosh Bashi, 2008). Over time, social responsibility research and practice have grown and developed with the gradual recognition of its strategic role, and today it has become essential in many organizations; Because institutional dynamism is a characteristic of strategic development, it is the reason to assess the effects of organizations' activities on the environment and society (Arena et al, 2019). In countries like Iran, overlooking the environmental social responsibility dimensions of sustainable development in governmental organizations have undermined their performances and credibility; however, it has not been welcomed by the public sector; the social and environmental issues of organizations should go beyond the slogan and become operational (Ahmadi et al, 2011).…”

Section: Introductionmentioning

confidence: 99%

Applying an Executive Sustainable Development Model to Executive Organizations based on Corporate Social Responsibility, and Green Management with Mediating Role of ISO 26000 and Comparing it

2021

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Objective: Nowadays, insufficient attention to environmental issues and CSR in governmental organizations have undermined their performances and credibility. This research aims to comparatively study a sustainable development executive model based on CSR and green management with mediating role of ISO 26000 among executive organizations. Methods: This is a developmental-applied research with a comparative-inductive logic for data collection. This study uses a descriptive survey method. The statistical population consists of two samples of 32 experts and 360 managers, and deputies of provincial executive organizations. Data collection tools included a questionnaire of CSR, green management, and ISO 26000. Confirmatory factor analysis and structural equation modeling were used to analyze the data using SPSS and AMOS software. Results:The results indicate that social responsibility can predict green management in executive organizations. There is a significant relationship between these two variables with mediating role of ISO 26000. CSR has a positive and significant effect on green management and ISO 26000. Among the dimensions of social responsibility (leadership and intra-organizational processes), the dimensions of green management (leadership) and the dimensions of ISO 26000 (organizational governance) have the highest priorities. There is a significant relationship between the three levels of development in provinces in which this model was applied to their executive organizations. Originality/Value: Defining a sustainable development model and applying it to executive organization in Iran for the first time which adds to the dissemination of developmental research.

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Corporate Social Responsibility strategies in the utilities sector:A comparative study

Cited by 28 publications

References 52 publications

Sub-National Institutional Contingencies and Corporate Social Responsibility Performance: Evidence from China

Sub-National Institutional Contingencies and Corporate Social Responsibility Performance: Evidence from China

Análise da relação entre responsabilidade social corporativa e governança corporativa na empresa brasileira

Applying an Executive Sustainable Development Model to Executive Organizations based on Corporate Social Responsibility, and Green Management with Mediating Role of ISO 26000 and Comparing it

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