The Role of Business in the Society

Krstović, Jelena; Vlastelica-Bakić, Tamara; Cicvarić-Kostić, Slavica

doi:10.7595/management.fon.2012.0004

Cited by 3 publications

(2 citation statements)

References 14 publications

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“…Internal social responsibility was defined by (Mory, 2016) documents also identified practices of social responsibility of organizations towards workers, such as: improving worker skills, providing educational opportunities, encouraging social programs to increase the skills of the unemployed, providing flexible working hours, providing equal opportunities, work-life balance programs, and providing child care programs (Leiva et al, 2012). (Wouters, 2008)According to (Krstovic et al, 2012), an organization's social responsibility to its human resources includes providing a safe working environment, upholding human rights, promoting equality, prohibiting discrimination based on gender, race, or national origin, fostering employee growth, offering additional benefits to workers, and ensuring job stability .…”

Section: Corporate Social Responsibility Towards Employeesmentioning

confidence: 99%

The Mediating Role of Organizational Culture for the Relationship Between Internal Social Responsibility and Intellectual Capital

Aldiabat¹

2023

J. Professional Business Review

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Purpose: The objective of this study was investigate the effect of internal corporate social responsibility on intellectual capital and testing the moderate effect of organizational culture between the dependent and independent variables in the Jordanian banking sector. Theoretical framework: Internal corporate social responsibility(ICSR) ,Intellectual capital (IC), and organizational culture (OC) are usually considered three crucial pillars to increase firms’ performance in the urban world. Nevertheless, in Arabian countries such as Jordan, these pillars have not received adequate consideration from specialists. Design/methodology/approach: The researcher designed a questionnaire based on the objectives and hypotheses of the study. The researcher distributed 350 questionnaires. 336 questionnaires have been retrieved. SPSS and Smart PLS 4was used to analyze the collected data and test the hypotheses. Findings: Study results showed a positive and significant correlation between Internal corporate social responsibility and intellectual capital , from the standpoint of managers in Jordanian Banking sector. Organizational culture plays a moderating role in the relationship between Internal corporate social responsibility and intellectual capital. Research, Practical & Social implications: Some managerial implications for bank managers in Jordanian banking sector have emerged based on the findings of this study. Originality/value: As far as the author is aware, this is the first empirical study conducted to examine the interrelationship between internal corporate social responsibility, organizational culture and intellectual capital, and their combined effects Arabian countries such as Jordan.

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Section: Corporate Social Responsibility Towards Employeesmentioning

confidence: 99%

The Mediating Role of Organizational Culture for the Relationship Between Internal Social Responsibility and Intellectual Capital

Aldiabat¹

2023

J. Professional Business Review

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“…Stakeholder theory focuses on how business interacts with society with emphasis on processes that address conflicting expectations. The role of business is to integrate economic resources, political support, and knowledge generating technology to meet stakeholder interests as well as develop competitive advantage (Krstovic, Bakic, & Kostic, 2012). According to Harrison and Wicks (2013), stakeholder theory focuses on how business interacts with society with emphasis on processes that address conflicting expectations.…”

Section: Theoretical Frameworkmentioning

confidence: 99%

Operationalizing Sustainable Development, Stakeholder Theory, Corporate Social Responsibility to Improve Community Engagement Outcomes

Ring¹

2021

JSD

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Businesses fail in the absence of an engagement strategy with stakeholders who influence and are influenced by a company’s business activity in communities where the company has a presence. A lack of understanding of the interdependency implicit in the company/community relationship, and the absence of new frameworks to encourage collaboration, has led increasingly to an inability to resolve conflicting views. An evolving approach is business participation in multisector collaborative watershed initiative partnerships. This qualitative multiple case study examines the perspectives of 22 participants of two watershed partnerships relating to corporate social responsibility (CSR), the Triple Bottom Line of sustainable development (TBL), and shared value. The study’s theoretical framework focuses on stakeholder theory integrated with the corporate imperatives of CSR, the TBL, and shared value. The research question is how these constructs might define an unexplored community engagement framework between the company, the community, and watershed initiatives. The research data suggests these factors are interrelated, and, when integrated into a strategy, define a Sustainable Community Engagement Framework that redefines the business case for engaging stakeholders to help resolve often conflicting views relating to the company’s business activity. The study outcomes are particularly relevant to academics, practitioners, business managers, and consultants engaged with high profile organizations such as chemical, petroleum and utility businesses whose presence may generate community concerns about their business activities, especially their environmental footprint.

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