Corporate Social Responsibility (CSR). A Conceptual and Theoretical Shift
Journal Title: International Journal of Academic Research in Accounting, Finance and Management Sciences - Year 2017, Vol 7, Issue 1
Abstract
The purpose of the present study is to trace the conceptual evolutionary path of theories and philosophies on Corporate Social Responsibility (CSR) and to reflect on the implications of the development. The study reported a conceptual shift with respect to CSR, as that concept was first appeared as Corporate Responsibility which was viewed as an implicit relationship between organizations and its society. The study also found a shift with respect to philosophical underpinning the engagement on CSR practices. Furthermore, the study revealed a great shift in focus throughout the years from profit maximization being the exclusive objective of business organisations to social and environmental practices being integrated within companies’ operations. The findings help provide more understanding of how this area of research is moving forward. The results should, therefore, be of interest to regulators and standard-setters charged with developing regulations to control CSR, as these practices are still voluntary in nature by companies.
Authors and Affiliations
Tareq O. Bani-Khalid, Ahmed H. Ahmed
Keywords
Related Articles
- EP ID EP183143
- DOI 10.6007/IJARAFMS/v7-i1/2626
- Views 102
- Downloads 0
Applied Financial Mathematical Model for Derivative Instruments and Hedging Exchange Rate
Currently, the international economic transactions are regularly occurring. The statistics of imports and exports were published by the General Administration of Customs that the total turnover of the country's imports i...
Job Satisfaction as a Predictor of Female Intent-To-Quit. Evidence from Commercial Banks of Faisalabad, Pakistan
Banking sector in Pakistan has progressed and reached its boom phase but the sector is facing the challenges of turnover. No doubt, several studies are devoted to identify an employee’s intent-to-quit in the banking sect...
Multiple Regressions Used in Analysis of Private Consumption and Public Final Consumption Evolution
This paper approaches the evolution of the final consumption recorded at the level of the Romanian economy. The main variable of the analysis is the final consumption, which the authors assume to be influenced by the pri...
The Impact of Accounting Indicators and Growth on the Market Value
This study aims to investigate the impact of accounting indicators which are the return on assets, return on equity and earnings per share in addition to growth which is measured by sustainable growth rate on the market...
The Relationship between Social Networks and Micro Shareholders
In this paper we had studied the relationship between social networks and micro (small)-shareholders, also, and we had answered this basic question that whether social networks affect shareholders decision-making for ent...