How UN Global Compact Can Contribute Corporate Accountability and Sustainability?

Çalışkan, Arzu Özsözgün

doi:10.1108/s2051-503020140000016002

Cited by 5 publications

(4 citation statements)

References 55 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In the other hand, sustainability had economic, social, and environmental dimensions. It was necessary for the organization to consider the effects of their operations to the stakeholders [18]. Companies should transcend its objectives rather than concealing its commitment in the back of nowhere.…”

Section: Transparencymentioning

confidence: 99%

See 1 more Smart Citation

Socio-Demographic Profile as Determinants of Perceived Effectiveness of Corporate Social Responsibility: The Case of a Private Telecommunication Company in the Kingdom of Bahrain

Enriquez

2020

TSSJ

View full text Add to dashboard Cite

This research sought to ascertain the effectiveness of company’s CSR based on the perception of the workers in terms of age, gender and working position in relation to accountability, sustainability and transparency. The study used descriptive method with self-made questionnaire within the context of the principles of corporate social responsibility. Purposive and random samplings were used with 25% of the sample respondents considered in the total population. Multivariate Analysis was applied in the dependent and independent variables. Based on the results, the activities of corporate social responsibility in terms of accountability, sustainability and transparency were effectively practiced by the company. But as to demographic profile of the respondents, only age found significant to corporate social responsibility. And the significance was attributed only to transparency. As perceived by the respondents, among the three groups in the age profile, only group 3 which 27-30 of age was statistically significant to transparency. As such the null hypothesis was qualified to reject in 0.10 in the age level of 27-30. Management with good contact with the employees remained honest. Transparency of the business developed trust and attributed to make employees felt that they were working for organization with quality standards. Matured employees preferred the management to be transparent. More matured employees, the more awareness they perceived to the practices of the CSR by company. When management was transparent, matured employees were effective. Notwithstanding, the other demographic profiles such as gender and working position of the employees were not statistically significant.

show abstract

Section: Transparencymentioning

confidence: 99%

“…The understanding of managers was not translated fully into practice [25]. It considered that in light of the assumption that business operations had increasingly observable effects on the environment, economy, and social life on a global scale, it was necessary to have accountable and sustainable firms [26].…”

Section: Transparencymentioning

confidence: 99%

Socio-Demographic Profile as Determinants of Perceived Effectiveness of Corporate Social Responsibility: The Case of a Private Telecommunication Company in the Kingdom of Bahrain

Enriquez

2020

TSSJ

View full text Add to dashboard Cite

show abstract

“…Joining the UNGC represents a firm's commitment to aligning its operations with a globally recognized framework of sustainability principles (UN Global Compact, n.d.-a;Ckan, 2015;Perez-Batres et al, 2011). As such, corporate membership in the UNGC could result in more material alignment of the corporate behavior with SDGschallenging skepticism pertaining to corporate alignment with sustainable development.…”

Section: Introductionmentioning

confidence: 99%

“…Corporate membership within the United Nations Global Compact (UNGC) stands as a testament to corporations taking active strides in supporting the sustainable development agenda (Orzes et al, 2018; Rasche & Gilbert, 2011; Ryder, 2010; Williams, 2004). Joining the UNGC represents a firm's commitment to aligning its operations with a globally recognized framework of sustainability principles (UN Global Compact, n.d.‐a; Ckan, 2015; Perez‐Batres et al, 2011). As such, corporate membership in the UNGC could result in more material alignment of the corporate behavior with SDGs—challenging skepticism pertaining to corporate alignment with sustainable development.…”

Section: Introductionmentioning

confidence: 99%

Assessing the impact of the sustainable development goals on corporate philanthropy: A study of Canada's leading private sector companies

Billedeau,

Wilson

2023

Bus Strat Dev

View full text Add to dashboard Cite

This paper examines the impact of the United Nations sustainable development goals (SDGs) on community investment (CI), otherwise known as corporate philanthropic expenditures, among Canada's leading private sector companies. The study investigates whether there have been discernible shifts in CI relative to net profit after tax (NPAT) before and after the introduction of the SDGs in 2015, and whether corporations' commitment to the SDGs and/or membership in the United Nations Global Compact (UNGC) have resulted in material increases to CI expenditures. The analysis is based on descriptive statistics, comparing the mean and standard deviation of CI as a percentage of NPAT across 58 firms included in our study. The findings reveal a minor decrease in CI as a percentage of NPAT following the introduction of the SDGs and lower average CI amounts among corporations committed to the SDGs and firms with UNGC membership. This paper offers an interpretive analysis of the results, highlighting the implications of potential greenwashing and the importance of corporate transparency. Further, we emphasize the need for policies to ensure genuine corporate financial commitment to socioeconomic and environmental causes.

show abstract

Restoring a reputation: invoking the UNESCO Universal Declaration on Bioethics and Human Rights to bear on pharmaceutical pricing

Hurst

2016

Med Health Care and Philos

View full text Add to dashboard Cite

In public health, the issue of pharmaceutical pricing is a perennial problem. Recent high-profile examples, such as the September 2015 debacle involving Martin Shkreli and Turing Pharmaceuticals, are indicative of larger, systemic difficulties that plague the pharmaceutical industry in regards to drug pricing and the impact it yields on their reputation in the eyes of the public. For public health ethics, the issue of pharmaceutical pricing is rather crucial. Simply, individuals within a population require pharmaceuticals for disease prevention and management. In order to be effective, these pharmaceuticals must be accessibly priced. This analysis will explore the notion of corporate social responsibility in regards to pharmaceutical pricing with an aim of restoring a positive reputation upon the pharmaceutical industry in the public eye. The analysis will utilize the 2005 United Nations Educational, Scientific, and Cultural Organization's Universal Declaration on Bioethics and Human Rights (UDBHR) to establish implications regarding the societal responsibilities of pharmaceutical companies in a global context. To accomplish this, Article 14 of the UDBHR-social responsibility and health-will be articulated in order to advocate a viewpoint of socially responsible capitalism in which pharmaceutical companies continue as profit-making ventures, yet establish moral concern for the welfare of all their stakeholders, including the healthcare consumer.

show abstract

How UN Global Compact Can Contribute Corporate Accountability and Sustainability?

Cited by 5 publications

References 55 publications

Socio-Demographic Profile as Determinants of Perceived Effectiveness of Corporate Social Responsibility: The Case of a Private Telecommunication Company in the Kingdom of Bahrain

Socio-Demographic Profile as Determinants of Perceived Effectiveness of Corporate Social Responsibility: The Case of a Private Telecommunication Company in the Kingdom of Bahrain

Assessing the impact of the sustainable development goals on corporate philanthropy: A study of Canada's leading private sector companies

Restoring a reputation: invoking the UNESCO Universal Declaration on Bioethics and Human Rights to bear on pharmaceutical pricing

Contact Info

Product

Resources

About