Entrepreneurs’ Perception of Banks’ Social Responsibility : A Haitian Case Study

2021 ◽  
Author(s):  
Bénédique Paul ◽  
◽  
Ahmad H. Juma'h ◽  
Florys Dorante ◽  
◽  
...  
Keyword(s):  
Social Responsibility ◽  
Financial Services ◽  
Public Perception ◽  
International Institutions ◽  
Banking Industry ◽  
Financial Intermediaries ◽  
Future Research ◽  
The Government ◽  
Corporate Social

Banks are the pillars of entrepreneurship expansion and economic development. In developing countries, where there is little public financial support for entrepreneurs, it is clear that banks, among other financial institutions, should be part of the solution to the problem of financing economic activity. As financial intermediaries, commercial banks need to enjoy good perception among entrepreneurs to improve their profitability. To achieve such objective, banks sometimes adopt social responsibility strategies to influence public perception of banks’ behavior. How do Haitian entrepreneurs perceive Haitian banks’ social responsibility? To answer this question, we collect empirical data among entrepreneurs of all size (micro, small and large). The findings help interesting discussions of banks perception among entrepreneurs divided by demographic (gender, location) and economic (sector, size, assets) characteristics. Among the main conclusions, we find that banks enjoy very bad perception among entrepreneurs (all size). Also, the special concessions given by the Government and other international institutions to the banking industry in Haiti help very few to increase the financial services for Haitian entrepreneurs. From our conclusion arise questions for future research to study the relations between entrepreneurs’ own practices of corporate social responsibility and their perception of banks social responsibility.

scholarly journals Corporate Social Responsibility (CSR): A Case Study of Axis Bank Foundation

2018 ◽  
Vol 17 (1) ◽  
pp. 53-63
Author(s):  
Kavitha S
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Banking Industry ◽  
Secondary Data ◽  
Well Being ◽  
Complete Study ◽  
The Government ◽  
Corporate Social

The article aims to study the importance of CSR and the contribution of our industries towards the betterment and well being of the society. Section 135 of the Companies Act, 2013 has been referred to align industrial CSR activities with considered CSR activities from The Government of India. In the recent years, the banking industry has contributed a lot towards CSR. In this article, the author has taken Axis Bank foundation as a sample to study how exactly CSR activities are undertaken in the corporate, the accountability and reporting of CSR, and the utilisation of funds towards the progress of society. To study CSR activities of Axis Bank, CSR reports have been collected for a period of 3 years (2014-2015 to 2016-2017). The complete study is based on secondary data. The analysis shows that Axis Bank is succeeding in allocating the fund, identifying CSR activities and reporting the same through CSR audited report which is handled by the CSR committee.

scholarly journals CORPORATE SOCIAL RESPONSIBILITY TOWARDS THE WORKERS IN TEA INDUSTRY OF ASSAM – A CASE STUDY WITH SPECIAL REFERENCE TO THREE COMPANY BASED INDUSTRY

2014 ◽  
Vol 2 (2) ◽  
pp. 14-19
Author(s):  
Horen Goowalla
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Social Development ◽  
For Profit ◽  
Tea Industry ◽  
Drivers Of Csr ◽  
The Government ◽  
Corporate Social ◽  
A Company

Corporate Social Responsibility (CSR) defined as “the ethical behavior of a company towards the society,” manifests itself in the form of such noble programs initiated by for-profit organizations. CSR has become increasingly prominent in the Indian corporate scenario because organizations have realized that besides growing their businesses, it is also vital to build trustworthy and sustainable relationships with the community at large. This is one of the key drivers of CSR programs. Though India is one of the fastest growing economies, socio-economic problems like poverty, illiteracy, lack of healthcare etc. are still ubiquitous and the government has limited resources to tackle these challenges. This scenario has opened up several areas for businesses to contribute towards social development. Companies have CSR teams that devise specific policies, strategies and goals for their CSR programs and set aside budgets to support them. Corporate Social Responsibility means the way in which  business firms integrate environmental, economic and social concerns into their culture, values, strategy, decision making and operations in an accountable and transparent manner and therefore, leading to better creation of wealth, an improved society and better  practices in the business organization. The research study has been undertaken by selecting three tea estates of Jorhat District of Assam, out of the total tea estates 135(Annual Report2013, Published tea Board of India). These tea estates are considered only Company based, tea estates for the study. This paper is about how Tea Industry performs their Social Responsibility towards their workers. Research is based on the three Tea Gardens industry i.e. how they fulfill their task towards the benefit of Society. In this paper,  an attempt has been made to highlights how the companies based tea industries have introduced many workers welfare activities, social development programmes, better working conditions,provide better medical and sanitation facilities, sports and cultural activities in order to improve  their standard of living of employees.

Corporate social responsibility of the mining companies in Tanzania

2021 ◽  
pp. 46
Author(s):  
Paul Mtasigazya
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Resource Curse ◽  
Research Area ◽  
Local Communities ◽  
Mining Companies ◽  
Legal Enforcement ◽  
The Government ◽  
Corporate Social

This paper sets out to examine the neglected research area of corporate social responsibility (CSR) of the Mining Companies in Tanzania, and was guided by the following specific objectives: 1) to examine tax payment compliance of the mining companies in Tanzania; 2) to explore the extent to which mining companies donate local communities services in Tanzania; 3) to investigate the compliance of environment management Act of 2015; 4) to explore the challenges facing Tanzania in enforcing CSR of the mining companies. A case study design was used and the methods of data collection were interviews and documentary reviews. 74 respondents were selected by the author through purposive sampling. The findings revealed that there is poor practice of CSR due to none compliance of the mining companies on paying tax, environmental pollution in Tighthe river in north Mara, inadequate compensations to the relocated local communities in Tanzania as well as low contribution of mining companies to the National economy that have turned the Country into resource curse. Also, it was noted that some challenges such as weak legal enforcement and lack of government stake in the mining companies resulting into myth of mining companies’ social responsibility in Tanzania. It is therefore concluded that the government should increase its stake in Mining Companies as it is in Botswana and also establish comprehensive legal and regulatory framework for effective and efficient CSR in Mining sector in Tanzania.

Communication Professionals’ Sensemaking of CSR: A Case Study of a Financial Services Firm

2020 ◽  
Vol 83 (2) ◽  
pp. 184-203
Author(s):  
Katharine E. Miller ◽  
Jeremy P. Fyke
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Services ◽  
Internal Communication ◽  
External Communication ◽  
Corporate Social ◽  
Practical Implications

This case study explores corporate social responsibility (CSR) through the perspective of communication professionals at a large financial services firm. These employees rely on both external communication through formal reporting as well as informal internal communication to understand CSR activities, and tend to describe CSR by what it means within their organization. We find that communication employees perceive that CSR is obligatory, rarely questioned or explained, labeled as “voluntold,” and mainly employed for good press due to its philanthropic focus. We offer theoretical and practical implications that center on making CSR operational, not additive, and ideas for educators teaching CSR.

scholarly journals PEMBERDAYAAN BERBASIS MASJID MELALUI DANA CORPORATE SOCIAL RESPONSIBILITY (STUDI KASUS PROGRAM AKSI UMMAD)

2020 ◽  
Vol 7 (2) ◽  
pp. 332
Author(s):  
Nurendahsari Gunawan ◽  
Siti Inayatul Faizah
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Services ◽  
Qualitative Approach ◽  
Action Program ◽  
Exploratory Case Study ◽  
Program Success ◽  
The People ◽  
Corporate Social

This study aims to understand the implementation of mosque-based empowerment through CSR (Corporate Social Responsibility) funds in improving the economic benefit of the people around the mosque. This study uses a qualitative approach with an exploratory case study strategy. The object of this study is Ummad Action Program, which was initiated in 2017 by the Financial Services Authority (OJK). The results of this study are that each partner knows and agrees with the background, goals, and benchmarks of program success. However, each partner has not been optimal in carrying out their duties and responsibilities. Moreover, the success of the Ummad Action Program can be assessed in terms of the benefits felt by the congregation, including the category of success with several evaluations.Keywords: Empowerment, Corporate Social Responsibility, Mosque, Financial Services Authority (OJK).

Corporate social responsibility disclosures in Malaysia: evidence from large companies

2017 ◽  
Vol 13 (1) ◽  
pp. 177-202 ◽  
Author(s):  
Abdelkader Sadou ◽  
Fardous Alom ◽  
Hayatullah Laluddin
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Empirical Studies ◽  
Annual Reports ◽  
Future Research ◽  
Government Ownership ◽  
Content Type ◽  
The Government ◽  
Corporate Social

Purpose The purpose of this study is to examine whether there is any improvement in the extent and quality of corporate social responsibility disclosures (CSRD) in Malaysia between 2011 and 2014 and to determine the factors that influence the extent and quality of CSRD in these two years. Also, this study examines the methods of disclosures and the items that largest Malaysian companies addressed. Design/methodology/approach A self-constructed CSR is utilised to measure the extent and quality of CSRD in the annual reports of the top 71 Malaysian companies listed in Bursa Malaysia for the years 2011 and 2014. Multiple regressions along with their associated toolkits for data verification and diagnostic tests are used to assess the improvement in CSRD between 2011 and 2014 and the factors that affect CSRD. Findings Results show a slight increase in the extent and quality of CSRD between 2011 and 2014. With regards to the factors influencing CSRD, only awards are found to be significant in determining the extent and quality of CSRD either in 2011 or in 2014. Board size, ownership concentration, independent non-executives and return on assets influence both the extent and quality of CSRD in 2011. Director ownership and firm size determine the extent and quality of CSRD in 2014. Government ownership only influences the extent of CSRD in 2011. Research limitations/implications Some traditional limitations are found to be considered in future research, such as the use of annual reports as the only source of CSRD information. Results support the legitimacy theory that assumes that Malaysian companies disclose CSR information as a reflection of the incidents that happen in that environment of the firm without ignoring the role of the government in pushing those companies towards being socially responsible by issuing regulations, or in motivating those companies by introducing awards and giving fiscal facilities. Practical implications The results help the policymakers to introduce more awards in some domains that were less addressed by Malaysian companies and also to examine the causes behind the non-influence of the new Malaysian Code on Corporate Governance (MCCG 2012) on CSRD. Originality/value The study can be considered as one of the limited empirical studies that assess the changes in CSRD before and after the issuance of MCCG 2012 in Malaysia.

scholarly journals Corporate Social Responsibility: Understanding the Mining Stakeholder with a Case Study

2019 ◽  
Vol 11 (8) ◽  
pp. 2407 ◽  
Author(s):  
Sisi Que ◽  
Liang Wang ◽  
Kwame Awuah-Offei ◽  
Wei Yang ◽  
Hui Jiang
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Community Engagement ◽  
Choice Theory ◽  
Local Communities ◽  
Future Research ◽  
Community Acceptance ◽  
Mining Community ◽  
Corporate Social

The social responsibility of corporate mining has been challenged by a significant socio-political risk from local communities. These issues reduce shareholder value by increasing costs and decreasing the market perception of corporate social responsibility. Community engagement is the process of understanding the behavior and interests of a group of targeted mining communities through surveys and data analysis, with the purpose of incorporating mining community acceptance into the mining sustainability. While mining organizations have discussed community engagement to varying degrees, there are three main shortcomings in current studies, as concluded in the authors’ previous research. This paper presents a framework to apply discrete choice theory to improve mining community engagement and corporate mining social responsibility. In addition, this paper establishes the main technical challenges to implement the developed framework, and presents methods to overcome the challenges for future research with a case study. The contribution of this research will transform mine sustainability in a fundamental way by facilitating the incorporation of effective community engagement. This will lead to more sustainable mines that local communities support.

scholarly journals Competitiveness Analysis of Indonesian Banking Industry Based on Corporate Social Responsibility Impacts

2021 ◽  
Vol 07 (08) ◽  
Author(s):  
Lindiawati . ◽  
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Government Regulation ◽  
Word Of Mouth ◽  
Banking Industry ◽  
Business Impact ◽  
The Government ◽  
Corporate Social ◽  
The Impact

Corporate Social Responsibility (CSR) has been becoming more attention for both companies and consumers. People are more aware of giving consideration on what companies have been doing for public as the representative of their responsibilities, and they use this to make buying decision and producing word-of-mouth. Corporate Social Responsibility has also been involved in banking industry since bank is an industry that is considered fragile or very easy to be affected by publis psychology leading bank customers then rush during a negative issue impacting the bank industry. By the government regulation pushing the banks to implement CSR, the kinds of CSR activities must reflect what banks wanth to achieve. Based on some studies on CSR impacts, it has been identified that the impact of CSR activities can be classified into four categories namely: phylanthophy, promotion, business impact, and mindset change. By knowing the map of the banks’ CSR activities based on those four categories, it can be concluded the competitiveness of the bank especially from the perspective of their social exposures. The result shows There are four banks that have well implemented CSR in term of that they have many CSR activities and whose impact levels are high. Three of of the four banks, have completed CSR whose impacst are complete, namely philanthropy, promotion, Business Impact, and Mindset Change.

scholarly journals Private Sector and Corporate Social Responsibility: Understandings and Perspectives of Different Stakeholders. Case study of a Mining Company in Laos

2021 ◽  
Author(s):  
◽  
Pisay Souvansay
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Private Sector ◽  
Significant Role ◽  
Mining Company ◽  
Wide Range ◽  
The Government ◽  
Negative Impacts ◽  
Corporate Social

<p>Corporations play a significant role in social and economical development globally. They play a significant role in supporting and boosting economic growth and local development as they provide job opportunities, contribute to infrastructure development, and generate income and wealth in societies. However, corporations also bring some negative impacts. Corporations, in particular those in extractive industries, can create a wide range of harmful effects and hazards to human health and livelihoods as well as to the environment. The negative impacts have attracted significant attention from related parties and prompted corporations to take a great deal of care in managing their impacts. As a result, companies are trying to improve their business strategies and corporate social responsibility (CSR) is one of these strategies by which companies try to differentiate themselves from others and to mitigate their negative impacts.  CSR has gradually emerged over many decades and recently became a focus of discussion among businesses and other stakeholders. However, the consensus on the definition of CSR is still limited. Various definitions of CSR have been created based on the interests, perspectives and expectations of different organisations.  This research explores the different understandings and perspectives of different groups of people around the way private sector is implementing CSR in Lao PDR, focusing on a foreign mining company as the case study. The research will also identify how these perspectives and expectations impact the strategies of CSR, especially regarding to rural development and poverty reduction in Laos.  The results of this thesis show that CSR is relatively a new concept in Laos but it is increasingly significant with the government and businesses themselves both paying more attention to CSR concerns. There is still unclear and common understanding among key stakeholders namely, government, business and other related stakeholders such as communities and other organisations. Fulfilling the legal obligations seems to be sufficient for the business and the government to claim that they are CSR companies while the community and other organisations expect corporations to do more than what only in the contract. In order to promote and encourage CSR to be effective and efficient, mutual understanding needs to be created, negotiated and agreed among keys stakeholders.</p>

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