Corporate Sustainability and COVID-19 Responses in West Africa: The Potential for Sustained Linkages Between Philanthropy and CSR Practices

Okoye, Adaeze; Nwagwu, Ijeoma

doi:10.1007/978-3-030-73847-1_8

Cited by 3 publications

(3 citation statements)

References 11 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The first theme in the basic themes “Business Ethics” has keywords including business ethics (Manuel & Herron, 2020), corporate social responsibility (Chua et al., 2020; Popkova et al., 2021; Raimo et al., 2021), corporate reputation (Al‐Husaini, 2021; Kim & Ji, 2021), sustainability (Eltoum et al., 2021; Okoye & Nwagwu, 2021). Businesses all throughout the world have suffered losses as a result of the pandemic, but the harm has not been distributed equally.…”

Section: Results and Findingsmentioning

confidence: 99%

“…Due to this, ideas like sustainability, social responsibility, and business ethics have received considerable attention. Business sustainability is related to sustainable development, corporate social responsibility (CSR), and corporate citizenship (Okoye & Nwagwu, 2021). A company strategy that incorporates social, environmental, and economic concerns is known as corporate sustainability, and its goal is to generate long‐term stakeholder value.…”

Section: Discussion and Future Research Agendasmentioning

confidence: 99%

See 1 more Smart Citation

Corporate social responsibility: Insights from COVID‐19 and stakeholder theory

2023

View full text Add to dashboard Cite

The transition from primary sustainable goals to crisis management exemplifies a new era of corporate social responsibility, sustainable business models, corporate sustainability, and stakeholder theory. This study examines the varied dynamics of corporate social responsibilities (CSR) during COVID‐19, as well as its potential and limitations, in order to gain a better understanding of CSR. The results expand upon the instrumental version of CSR and the application of stakeholder theory during COVID‐19. It reflects on the necessity for a wider integration of societal issues in CSR's driving philosophy as well as the underlying need to study diverse sectors of governance across the globe due to the increased potential for exploitation of the weak, particularly during times of crisis. This study examines the theoretical foundations of the themes and the lines of divergence between CSR's past and present by reviewing the social, intellectual, and conceptual structure of the literature. It emphasizes the importance of post‐COVID‐19 policies that prioritize job creation by implementing stronger labor market standards. Governments should eliminate barriers and implement pro‐SME laws and programs. A sustainable fiscal policy takes future generations into account. Sustainable corporate finance incorporates long‐term financial goals and social values into stakeholder theory.

show abstract

Section: Results and Findingsmentioning

confidence: 99%

Section: Discussion and Future Research Agendasmentioning

confidence: 99%

Corporate social responsibility: Insights from COVID‐19 and stakeholder theory

2023

View full text Add to dashboard Cite

show abstract

“…Additionally, companies provided new ventilators to hospitals, in addition to lending the services of doctors and nurses. Okoye and Nwagwu (2021) assert that although COVID-19 unpredictable circumstances led to an increase in philanthropic giving in West Africa, nevertheless, there was a deeper potential to elevate these other aspects of CSR.…”

Section: Literature Review: Csr During Covid-19mentioning

confidence: 99%

CSR Initiatives During Covid-19: A Study of Top 100 Indian Listed Companies

Jhawar¹,

Jain²

2021

cgi

View full text Add to dashboard Cite

The paper aims to demonstrate the philanthropic initiatives of the select Indian companies during COVID-19 to protect and support their three important stakeholders: employees, community, and customers. The study is based on a systematic literature review (SLR) focusing on literature available on CSR initiatives undertaken worldwide during COVID-19 provided in Scopus and the Web of Science databases. Further, manual content analysis has been conducted to examine the CSR initiatives of the S&P BSE 100 companies. Results showcase that despite a distressing business situation with complete uncertainty, the sample companies have proactively engaged in CSR initiatives to support their stakeholders (employees, community, and customers) through a slew of measures such as remote and on-site working arrangements, support for basic necessities and health-care, maintenance of steady operations, and so on. This study is one of the very few studies that addresses the CSR initiatives taken by the top 100 listed companies in India in the context of the COVID-19 pandemic based on the stakeholder theory perspective. The findin gs of the study can be evaluated by stakeholders to reflect on business' role in promoting social welfare during a crisis period. Academicians, practitioners, and policy makers can evaluate the CSR practices undertaken during the COVID-19 pandemic to give recommendations on what kind of CSR initiatives are desirable in such-pandemic like crisis times.

show abstract

Global Impact

Mızrak

2023

Smart Strategies and Societal Solutions for Sustainable International Business

View full text Add to dashboard Cite

Strategic philanthropy has emerged as a significant aspect of corporate social responsibility (CSR) for international firms, enabling them to make a positive global impact. This abstract aims to explore the concept of strategic philanthropy, examining how international firms strategically approach their philanthropic efforts to maximize their social, environmental, and business outcomes. By examining case studies and best practices, this study will shed light on the various strategies employed by international firms to align their philanthropic initiatives with their organizational goals and global development priorities. The study will also investigate the challenges and opportunities faced by these firms in implementing strategic philanthropy on a global scale. Ultimately, this research seeks to contribute to the understanding of how international firms can leverage their resources and expertise to create sustainable and impactful philanthropic initiatives that address global challenges and contribute to the well-being of communities around the world.

show abstract

Corporate Sustainability and COVID-19 Responses in West Africa: The Potential for Sustained Linkages Between Philanthropy and CSR Practices

Cited by 3 publications

References 11 publications

Corporate social responsibility: Insights from COVID‐19 and stakeholder theory

Corporate social responsibility: Insights from COVID‐19 and stakeholder theory

CSR Initiatives During Covid-19: A Study of Top 100 Indian Listed Companies

Global Impact

Contact Info

Product

Resources

About