Article
Business
Cristina del-Castillo-Feito, Alicia Blanco-Gonzalez, Felipe Hernandez-Perlines
Summary: Social demands for corporate social responsibility have been rising in recent years, with organizations understanding the importance of socially responsible behavior in gaining stakeholder support. The application of CSR principles in human resources management is becoming more relevant, requiring more empirical research. The implementation of socially responsible HR management is strongly related to organizational legitimacy, and the correct introduction of CSR policies can improve resource optimization and internal stakeholder management.
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
(2022)
Article
Management
Deepak Ram Asokan, Fahian Anisul Huq, Christopher M. Smith, Mark Stevenson
Summary: This paper explores the adoption of Industry 4.0 technologies to enhance socially responsible operations performance. It identifies seven technologies that can bring transformational capabilities to SROP and highlights the importance of incorporating social responsibility into operations and supply chains using technology.
INTERNATIONAL JOURNAL OF OPERATIONS & PRODUCTION MANAGEMENT
(2022)
Article
Green & Sustainable Science & Technology
Julian Amon, Margarethe Rammerstorfer, Karl Weinmayer
Summary: This article investigates passive portfolio strategies based on ESG-weighting and finds that socially responsible investors are willing to pay a small premium for the impact of the portfolio through transaction costs. The results show strong support for ESG-based strategies preferred by socially responsible investors and possibly conventional investors seeking a passively managed alternative.
Article
Environmental Studies
Jean J. Chen, Stanley I. M. Ko, Leona S. Z. Li, Fiona X. Yang
Summary: Extensive research has shown that corporate social responsibility outcomes are influenced by CEOs' intrinsic characteristics, while their social network status also plays a role. Companies with highly connected CEOs are more likely to engage in socially responsible activities, with a stronger impact seen in fast-food companies.
TOURISM MANAGEMENT
(2021)
Article
Business, Finance
Gregor Dorfleitner, Christian Kreuzer, Ralf Laschinger
Summary: Based on a dataset of over 400 fund compositions in the years 2003-2018, this paper analyzes the persistence of controversies scores and ESG scores in socially responsible US mutual funds. It becomes apparent that higher-paid managers achieve better results regarding controversies scoring but worse results regarding ESG scoring, compared to lower-paid managers.
FINANCE RESEARCH LETTERS
(2021)
Article
Psychology, Multidisciplinary
Shi Xiaofei, Zhou Xiaoyu, Geng Lisha
Summary: This study examines the impact of founder's characteristics on corporate social responsibility, expanding the current framework of CSR research and providing an empirical basis for founders to effectively participate in corporate management.
FRONTIERS IN PSYCHOLOGY
(2021)
Article
Business, Finance
Rui Dai, Hao Liang, Lilian Ng
Summary: Corporate customers have a unilateral effect on suppliers' CSR and influence them through positive assortative matching and decision-making processes. Enhanced collaborative CSR efforts improve operational efficiency and firm valuation for both customers and suppliers, but only increase customers' future sales growth.
JOURNAL OF FINANCIAL ECONOMICS
(2021)
Article
Business, Finance
Hongfeng Peng, Zhenqi Zhang, John W. Goodell, Mingsheng Li
Summary: This report points out that many mutual funds declare themselves as socially responsible investment (SRI) funds, but it is unclear whether this is just to attract capital or reflects genuine concern. The study finds that companies with better environmental, social, and governance (ESG) performance are more attractive to SRI mutual funds. Moreover, SRI mutual funds positively impact their investee firms' ESG performance through various channels such as ownership structure, board members' international experience, and social media attention.
INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS
(2023)
Article
Psychology, Multidisciplinary
Qamar Farooq, Peihua Fu, Kateryna Shumilina, Xuan Liu
Summary: Decision making in a cross-cultural context presents both challenges and opportunities in the business and management world. This paper focuses on comparing argumentative discussions and behavioral harmonized team synergy for socially responsible decision making in multicultural settings. The study proposes a conceptual framework for a future empirical testing and practical technique to help multinational organizations and international entrepreneurs facilitate behaviorally harmonized ethical discussions, synergy, and ultimately design corporate social responsibility programs.
CURRENT PSYCHOLOGY
(2021)
Article
Business
Danny Miller, Zhenyang Tang, Xiaowei Xu, Isabelle Le Breton-Miller
Summary: The study finds a close relationship between corporate social responsibility behavior and individual social behavior, especially during the pandemic. Higher levels of corporate social responsibility behavior are positively correlated with residents' higher engagement in social distancing measures.
JOURNAL OF BUSINESS ETHICS
(2022)
Article
Green & Sustainable Science & Technology
Chrisanty Victoria Layman, Sasmoko, Mohammad Hamsal, Lim Sanny
Summary: The purpose of this study is to measure social performance in hospitals in Indonesia, specifically focusing on the impact of hospitals on the community, stakeholders, and the environment. The findings show that there were no significant differences in social performance between hospitals of different classes, but significant differences exist between different accreditation levels. This study provides a practical reference for measuring social performance in accredited hospitals in Indonesia.
Article
Operations Research & Management Science
Abdorrrahman Haeri, Seyyed-Mahdi Hosseini-Motlagh, Mohammad Reza Ghatreh Samani, Marziehsadat Rezaei
Summary: This paper extends a novel multi-objective model for designing a health service network that considers efficiency, social responsibility, and network cost. By introducing a modified data envelopment analysis model and incorporating two measures of social responsibility, as well as using a mixed possibilistic-flexible robust programming approach, the study aims to enhance the health system's response to crises in low- to middle-income communities.
ANNALS OF OPERATIONS RESEARCH
(2021)
Article
Business
Ran Tao, Jian Wu, Hong Zhao
Summary: This paper examines how corporate social responsibility (CSR) of supplier firms influences their chances of being selected as new suppliers. The study finds that corporate customers prefer socially responsible suppliers, especially in industries with greater competition, where the customer's own CSR performance is better, or when the supplier and the customer have similar CSR focuses. The research contributes to instrumental stakeholder theory (IST) by confirming the attractiveness of corporate customers as a desirable outcome of supplier CSR engagement. It also complements existing studies on customer responses by showing that CSR attracts both final customers and corporate customers. The findings encourage supplier firm managers to invest in CSR for competitive advantages and positive contributions to society.
JOURNAL OF BUSINESS ETHICS
(2023)
Article
Green & Sustainable Science & Technology
Qinghua Fu, Jawad Abbas, Ghadahanfar Bin Alarif, Muhammad Safdar Sial, Talles Vianna Brugni, Nofal Adamwal
Summary: This study investigates whether green organizational culture (GOC) and corporate social responsibility (CSR) initiatives encourage eco-responsible behavior of workers (EERB) in their personal lives. The data from Turkey's public and commercial service and manufacturing firms are analyzed using structural equation modeling. The results show that employees of CSR and green-practicing businesses actively engage in eco-responsible practices in society. Additionally, businesses with a green culture are more likely to participate in CSR projects, and CSR serves as a mediator between GOC and EERB. This study suggests expanding the scope of social responsibility practices to individuals for achieving sustainable societal goals.
JOURNAL OF CLEANER PRODUCTION
(2023)
Article
Operations Research & Management Science
Nilanjan Dutta, Arshinder Kaur
Summary: This article presents a decision-making model that helps risk-neutral firms provide advance payment contracts to credit-constrained small farmers. The model takes into account the behavioral characteristics of decision-biased farmers and determines the limits on the firm's production quantity and profitability by analyzing their commitment quantities. By using two different strategies, the optimal timing for paying the advances is determined, which can increase both the utilities of the farmers and the profits of the company.
ANNALS OF OPERATIONS RESEARCH
(2023)