Efficiency and Sustainability of CSR Projects

Bosch-Badia, Maria-Teresa; Montllor-Serrats, Joan; Tarrazon-Rodon, Maria-Antonia

doi:10.3390/su9101714

Cited by 10 publications

(6 citation statements)

References 37 publications

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“…These guidelines can be used to determine the CSR action plan [16]. It is recommended that companies align their strategies with universal principles of respect for human rights, employees and anti-corruption, all in the direction of global social progress and prosperity [17].…”

Section: Voluntarismmentioning

confidence: 99%

Influence of corporate social responsibility on intangible benefits in the project-based companies

Jovanović¹,

Stojanović²,

Milijić³

2019

Proceedings of the 5th IPMA SENET Project Management Conference (SENET 2019)

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In this study, the influence of three factors of Corporate Social Responsibility (CSR), Ecological aspect, Voluntarism, and Social aspect on soft results, that is, on Intangible project benefits in project-based companies in Serbia has been examined. For this purpose, the conceptual model with three hypotheses was developed. For hypothesis testing the Structural Equation Modeling (SEM) was used. The tested sample comprised of 184 respondents from different business sectors. The results of empirical study confirm the hypothesis and point out the existence of positive correlations between model constructs. However, only two hypotheses (H1 and H3), that impose the positive influence of constructs Ecological aspect and Social aspect towards Intangible project benefits have statistical significance and acceptable. The hypothesis H2, that imposes the positive influence of construct Voluntarism on Intangible project benefits, although is being confirmed, is not statistically significant. Obtained results are suitable for comparisons with other researchers conducted in transitional economies as well as in developed economies.

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Section: Voluntarismmentioning

confidence: 99%

Influence of corporate social responsibility on intangible benefits in the project-based companies

Jovanović¹,

Stojanović²,

Milijić³

2019

Proceedings of the 5th IPMA SENET Project Management Conference (SENET 2019)

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“…Furthermore, analyzing sustainability challenges with the aim of going further ahead on their knowledge is a function assumed by the cross-cutting initiatives, as the UN Environment Inquiry and the G20 Green Finance Study Group. The regulatory rules and the institutional performance measurement of CSR are discussed in [71]. Section 5.3 revises the challenges of performance measurement of sustainability corporate policies from the point of view of reputation.…”

Section: The Institutional Support To Sustainable Efficient Marketsmentioning

confidence: 99%

“…In 2017, some relevant credit ratings agencies have signed the PRI [83] making official their decision to incorporate in their ratings the effects of Environment, Social and Governance (ESG). Bosch et al [71] study the information function developed by CSR analysts relating it to the financial market efficiency. Nevertheless, the success of SRI does not wipe away the need of shaming through "pledge and review" when necessary, because SRI strategies are not the unique ones in the world of investments.…”

Section: Reputation and Performance Measurementmentioning

confidence: 99%

Sustainability and Ethics in the Process of Price Determination in Financial Markets: A Conceptual Analysis

2018

Self Cite

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This paper explores how financial markets can support the practical applicability of Sustainability Development Goals (SDGs) principles and why ethics has a central role in this process. The efficient market hypothesis holds that a financial market is efficient when prices equate value. Extending this assertion to sustainability, it can be said that prices should become equal to sustainable value. Prices can be regarded as the addition of the present value of future expectations and the impact of short-term volatility. This property parallels the existence of two different types of shareholders: long-run shareholders, who are often involved in the management of the corporation, and short-run shareholders, who usually apply speculative strategies to the choice of their investments. The SGDs' principles are logically thought for a long-run horizon. Their impact on corporate value stems mainly from the changes they introduce in environmental and social risk, apart from becoming a potential source of innovation. Nevertheless, their effects on the short-run perspective can be very small unless either market traders assume sustainability as a goal of their own or the sustainability effects are incorporated into prices. We hold that the second issue is safer and preferable. Both involve ethics: the former would require that investors perform any trade from an ethical perspective. The latter needs that the ethical emphasis is placed on the process of price determination. The achievement of this goal demands a wide display of information on sustainability, placed together with financial information, and appropriate regulation. Its analysis considers the principles of behavioral finance.

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“…Indeed, if we look at the metrics of a previous study [26], which is related to measuring CSR performance, we can notice that the authors mainly focus on economic performance and especially on the link between CSR practices and profitability, moreover, this study only consider three dimensions of CSR (environmental, Human Resources, customer and suppliers). If we look now at the metrics of another past paper [27], that aims to evaluate efficiency and sustainability of CSR strategies, we can see that the authors only take into account qualitative metrics and base their evaluation on a survey. Nevertheless, studies that take into account global sustainability evaluation do exist.…”

Section: Dimensions the Definition Is Coded To The Dimension It Refermentioning

confidence: 99%

An Analysis of Best Practice Patterns for Corporate Social Responsibility in Top IT Companies

Deroche

Penzenstadler

2018

Technologies

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In order to show their compliance with Corporate Social Responsibility (CSR) goals, companies report their "sustainable initiatives" into their CSR reports. However, from small companies to multinational, it is hard to see the real benefits of sustainable strategies' implementation, since there are actually no general patterns defined which can ensure high impacts on sustainability. Moreover, there are few metrics and process to assess the efficiency of a sustainability strategy, but the different studies made in that field can show different results, this induces a part of uncertainty to evaluate the performance of a sustainable strategy. Therefore, in this paper, we contribute a pattern approach to implementing sustainability in a company. To do that, we performed an analysis of the 25 CSR reports coming from the 25 biggest companies in the IT sector in order to extract sustainability patterns that are provided in an online catalog to (1) give first tracks to companies which would engage in sustainability initiatives and do not really know where to start; and (2) to give an indicator to companies who already have taken up sustainability initiatives and would like to establish an evaluation of it.Technologies 2018, 6, 76 2 of 22 reports in an IT company context. Meaning that there is no research investigating best practices in CSR strategies. Second, which is quite related to the first one, we realized that there is no general set of ready-to-implement sustainable strategies at a global level, most of the research focusing on the impact of a specific initiative or on a specific impact coming from different initiatives. Therefore, our research objective is to extract general patterns showing high impacts on sustainability at an IT company level.Therefore, our main research question will be what an IT company can do as a means to improve its sustainability. We decomposed this question into four sub-questions:

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Efficiency and Sustainability of CSR Projects

Cited by 10 publications

References 37 publications

Influence of corporate social responsibility on intangible benefits in the project-based companies

Influence of corporate social responsibility on intangible benefits in the project-based companies

Sustainability and Ethics in the Process of Price Determination in Financial Markets: A Conceptual Analysis

An Analysis of Best Practice Patterns for Corporate Social Responsibility in Top IT Companies

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