Educating the workforce through CSR

Robertson, James Andrew

doi:10.1108/asr-10-2017-0011

Cited by 2 publications

(3 citation statements)

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“…It is noted that business social responsibility that is oriented to environmental activities, affects the internal and external environment of a business unit. The internal environment of a business encompasses investments in the fields that are related to the reduction in environmental pollution, by including the development and application of equipment and new technologies [89][90][91], and the creation of additional employment positions that are encouraged by socially responsible activity [92][93][94][95]. The external environment of a business unit encompasses the production of products that have an environmental basis and service provision, in order to contribute to the development of the well-being of the society and encourage the social sensibility of the society as well [96][97][98] (see Table 1).…”

Section: Methodsmentioning

confidence: 99%

“…Belyaeva (2015) suggests that by investing in socially responsible activities, companies create additional employment positions, and likewise, increase the value and public image of the business unit. The research that was conducted by Robertson (2017) revealed that social responsibility increases the loyalty of employees, work performance, improves the employee's skills, and encourages them to improve themselves, which contributes to the improvement of the financial results of the business unit. It allows for the business unit to allocate more financial resources for the implementation of social responsibility initiatives.…”

Section: Methodsmentioning

confidence: 99%

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Assessment of the Impact of Social Responsibility on Poverty

Jakunskiene

2021

Sustainability

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Being one of the open social innovations of business entities, social responsibility is taking an important role in our society. It not only contributes to the improvement of the financial indicators of business entities, but also has a significant impact on the economic development of countries and the creation of well-being of the society members. The business contribution to environmental and social initiatives influences various economic processes and, at the same time, affects the level of poverty in countries. The purpose of this thesis is to review the concept of social responsibility and its content after the analysis of the scientific literature, and to assess the impact of social responsibility on poverty indicators after an empirical study. The assessment was performed by using the methods of analysis of the scientific literature, mathematical–statistical analysis, comparative analysis, correlation analysis, as well as by studying the presented statistical data at the level of the three Baltic States — Lithuania, Latvia, and Estonia. The conducted research manifested a significant impact of the business units operating in the production sector on the employed people who are at the brink of poverty, by categorizing them by sex, age, and education. The research revealed the negative impact of the business social responsibility that is directed towards the environment field on the poverty rates of older age (65+) residents, due to the installation of new equipment and technologies. Additionally, business investments mostly affect people with secondary, and lower than secondary, education. The influence of the actual pollution amount in the production sector, to ensure the financial stability of the society, was observed. The research results are significant not only to the Baltic region, but to other economies that are seeking to reduce the poverty level in the country, by integrating the business social responsibility as well.

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Section: Methodsmentioning

confidence: 99%

Section: Methodsmentioning

confidence: 99%

Assessment of the Impact of Social Responsibility on Poverty

Jakunskiene

2021

Sustainability

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“…The importance of the SRI industry is growing fast, and it is becoming a phenomenon that has to be taken seriously into account by both researchers and business experts. The number of investment funds that apply a social/environmental screen to company stocks is also growing rapidly [42][43][44][45]. According to Donovan, we are now living in the SRI 2.0 period, which is focused mainly on impacted investment and the extension of the general awareness of responsible investing [46].…”

Section: Corporate Social Responsibility Vs Sustainable and Responsibmentioning

confidence: 99%

Millennials’ Awareness and Approach to Social Responsibility and Investment—Case Study of the Czech Republic

et al. 2019

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We live in a new era with contradictory views on society, industries, and the whole world. Raising consumerism is compensated by raising the responsibility of the new generation, the so-called Millennials. The paper deals with the awareness of Millennials of corporate social responsibility (CSR), and their attitude to sustainable and responsible investment (SRI). The research is focused specifically on students of economically oriented higher education institutions (HEI), studying in the Czech Republic. For the purpose of general awareness of the term CSR, a sample of 1073 HEI students from different institutions was analyzed and evaluated. For the evaluation of their attitude to SRI, 213 respondents from Mendel University in Brno were interviewed. The research brought surprising results—bachelor’s degree students have a better awareness of the term than master’s degree students. This surprising fact can be explained by the fact that CSR courses have been incorporated into studies in recent years. Another important finding from the second research is that 57% of respondents are willing to sacrifice part of their return in the case of an investment in socially responsible instruments. This fact can be used for the design of an investment strategy offered by investment institutions.

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Educating the workforce through CSR

Cited by 2 publications

References 1 publication

Assessment of the Impact of Social Responsibility on Poverty

Assessment of the Impact of Social Responsibility on Poverty

Millennials’ Awareness and Approach to Social Responsibility and Investment—Case Study of the Czech Republic

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