Goodness Comes From Within

Abstract

This article makes the case for the importance of paying attention to the internal dynamics of business in order to understand why and under which conditions firms engage in corporate social responsibility (CSR). The argument is that CSR assists decision-makers in firms to resolve managerial dilemmas. By a managerial dilemma this article understands a situation whereby the execution of management’s decisions requires asset specific allocation of resources. Asset specific allocation of resources transforms the intra-organizational mode of social coordination from a hierarchy to one in which managers become dependent on, and vulnerable to, the behavior of subordinates. It is in these situations that corporate decision-makers introduce CSR standards in their attempt to avoid the foreseeable loss of control and organizational efficiency.

Corporate Social Responsibility and Operational Inefficiency: A Dynamic Approach

“…Moreover, CSR also improves intra-organizational interaction. Indeed, prior research argues that the adoption of labor-related CSR helps to resolve the human resources dilemmas which avoid the loss of control and may derive into economic efficiency [50]. Empirical research has attempted to establish and explain the relationship between CSP and corporate financial performance with varying degrees of success and reaching contradictory results.…”

“…Even though the engagement in CSR may not be an overall attracting investment option for more inefficient companies, as they need to dedicate their resources to overcome the existent inefficiencies, investment in specific dimensions of CSR may appear to be appealing. CSR generally satisfies all stakeholders contributing to the common good [50]. However, some dimensions of CSR provide high visibility and, therefore, more rapid benefits for corporations [90].…”

Social Work As Prerequisite Of Social Welfare Of Personnel In Organization

“…When this occurs, positive qualitative changes emerge in various spheres of public life. This leads to rational use of material, spiritual, social and other resources (Allan et al, 2007;Anderson-Connolly et al, 2002;Kowalski, Loretto & Redman, 2015;Thauer, 2013).…”

“…The http: //dx.doi.org/10.15405/epsbs.2018.02.108 Corresponding Author: Irina Mikhaylova Selection and peer-review under responsibility of the Organizing Committee of the conference eISSN: 917 generalization and theoretical comprehension of the available experience to use it in the organization make it possible to conclude that social work can be regarded as an integral system of scientific knowledge. However, scientific and practical research into social work with personnel of the organization is not numerous and systematic, and it does not fully describes various aspects of social work in the system of personnel management of current organizations (Maon et al, 2009;Thauer, 2013;Voegtlina et al, 2015;Mitrofanova, 2014).…”

Corporate Social Responsibility and the Evolution of Internal Corporate Social Responsibility in 21st Century

“…According to Lozano and Prandi (2005) there are increasing numbers of organisations linking human rights to their CSR strategy screening which acts as policy and a resource for CSR measure and evaluation that are regarded as practices. Adding on, research by Thauer (2013) discovered that the motivation for organisation to incorporate CSR practices in human resource practices is due to internal human resource dilemma concerning the human right. Hence, he uses the term labour related CSR.…”