CSR&COVID19 – How do they work together? Perceptions of Corporate Social Responsibility transformation during a pandemic crisis. Towards smart development

Abstract

Nowadays, enterprises that are looking to achieve market success and maximise profits must not only offer good products or provide superior quality services, but also pay close attention to the environment in which they operate. One of the manifestations of concern for the broadly understood environment (society, environment) is Corporate Social Responsibility (CSR). For a good number of years, we have been observing changes in CSR trends, but the situation today demands that organisations update the existing lines of action and meet a whole new level of challenges. This article aims to present the results of case studies of company activities in CSR, as well as a social perception of CSR activities. It also seeks to draw attention to the transformation of ideas during the socio-economic crisis caused by the coronavirus pandemic. In order to reach the objective of the study, we used the Computer Assisted (Aided) Web Interviews (CAWI) method. This choice was dictated by the pandemic situation in the country. The research shows that there is a noticeable transformation of the focus of socially responsible activities from a global to a local approach centred around smart development. The study also concludes that the society expects that activities under this approach will be continued in the future. The outcomes also indicate that the pandemic situation has necessitated the introduction of entirely new solutions (among others, remote working) that were not previously perceived as feasible but now have a chance to develop further.

Pengukuran Corporate Social Responsibility Disclosure Dengan Menggunakan Profitabilitas, Reputasi, Dan Good Corporate Governance Sebagai Variabel Prediktor

“…Corporate Social Responsibility disclosure merupakan laporan yang berisi informasi kuantitatif atau kualitatif dari dampak operasional perusahaan terhadap sosial dan lingkungannya yang akan menimbulkan konsekuensi bagi struktur finansial perusahaan (Bowrey & Clements, 2019). CSR disclosure menjadi alat komunikasi perusahaan dengan beberapa stakeholders, seperti konsumen, masyarakat, karyawan, dan lingkungan untuk merubah harapan dan persepsi mereka terhadap kinerja perusahaan (Lopata & Rogatka, 2021). CSR disclosure berperan menjadi alat evaluasi perusahaan dan menjadi bukti praktik akuntabilitas perusahaan (Irawan, Sumartias, Priyatna & Rahmat, 2022)…”

Corporate Social Responsibility in Business Practice of the Visegrad Region (Czechia, Poland, Slovakia)

“…The study of literature (Boccia and Sarnacchiaro, 2020;Deng et al, 2020;Mahmud et al, 2020;Bapuji et al, 2020;Lopata and Rogatka, 2021;Mahmud et al, 2021;Zhang, 2021;Panagiotopoulos, 2021;Ahmed et al, 2021; showed that Corporate Social Responsibility activities related to the COVID-19 pandemic have varied across businesses, but a few common, major examples have been identified:…”

Financial Risk Management Based on Corporate Social Responsibility in the Interests of Sustainable Development

“…Based on the existing publications, which confirm the reduction of corporate social responsibility (Lopata and Rogatka 2021;Ziogas and Metaxas 2021) and investment attractiveness of entrepreneurship (Falato et al 2021;Machokoto et al 2021) in the conditions of economic crises, the following hypothesis H1 is offered and tested: support for sustainable development in the conditions of an economic crisis requires the combination of financial risk management (inflow of investments) and corporate social responsibility (responsible use of investments for implementing the SDGs).…”