Effects of corporate social responsibility on employees in the casino industry
تاثیرات مسئولیت پذیری اجتماعی شرکتی روی کارکنان در صنعت تفریح-2018
The current study examines CSR issues in the casino context from employees perspectives, especially due to the essential role of employees for business success in service industries. This study first investigates the main effect of employees perceived CSR on organizational commitment, mediated by job satisfaction. This study further explores this mediated relationship by incorporating employees perceptions of the casino industry as a moderator, based on social identity theory which appears particularly well-suited to support the proposed moderating effect in the casino context due to the industrys controversial nature. The results support the proposed hypotheses, making theoretical and managerial implications, especially with the finding of employees perceptions of the casino industry as a new and significant moderator. Such finding also makes a managerial contribution by suggesting the importance of creating and/or improving employees general perceptions about the casino industry which will eventually help to enhance the employees commitment to their organization.
keywords: Corporate social responsibility |Perceptions of the casino industry |Organizational commitment |Job satisfaction
The moderating role of CEO narcissism on the relationship between uncertainty avoidance and CSR
نقش وساطتی خودشیفتگی CEO روی رابطه بین اجتناب از عدم قطعیت و CSR-2018
With the ever-increasing growth in the number of US multinational restaurant firms, the need for a better understanding of CSR initiatives enacted in those countries is actively gaining in importance. A firms CSR is influenced by the cultural context of a given society and, according to the upper echelons theory, the characteristics of its corporate executives. However, there was no empirical evidence on the moderating role of CEO narcissism, a common CEO characteristic in many cases, on the national culture-CSR relationship. This study finds that a firm with more properties in high-UA societies has less involvement in CSR and that CEO narcissism positively moderates the relationship. The results provide a meaningful empirical addition to the upper echelons literature by demonstrating how CEO traits can serve as a boundary condition in examining the impact of uncertainty avoidance, as a contextual factor, on CSR, as an organizational outcome, in the restaurant industry.
keywords: Uncertainty Avoidance |Narcissism |Chief Executive Officer |Corporate Social Responsibility |Restaurant Industry
Corporate social responsibility and CEO compensation structure
مسئولیت پذیری اجتماعی شرکتی و ساختار پرداخت غرامت CEO-2018
We examine how firms corporate social responsibility (CSR) performance affects CEO compensation structure. Traditional agency theory suggests that CEOs engage in CSR for their own interests at the expense of shareholders. A competing argument is that CEOs consider firms social performance as a business strategy to increase firm value and align their interests with those of shareholders. Our results support the latter prediction. We find that a firms social performance is negatively associated with the proportion of cash-based compensation, while it is positively associated with the proportion of equity-based compensation. These results are robust to the degree of corporate governance, and they are more pronounced for firms with high levels of inside director ownership and long director tenure. Overall, our findings highlight the positive impact of CSR performance on CEO compensation packages, implying that CEOs fiduciary behavior of engaging in CSR leads to mitigating agency problems and maximizing firm value.
keywords: Corporate social responsibility (CSR)| CEO compensation| CEO compensation structure| Equity-based compensation| Cash-based compensation| Corporate governance
Determinants of CSER practices for reducing greenhouse gas emissions: From the perspectives of administrative managers in tour operators
عوامل تعیین کننده اقدامات SCER برای کاهش انتشار گاز گلخانه ای: از نقطه نظر مدیران اجرایی در عملگران گردشگری-2018
Responsible corporate action has long been recognized as a vital step toward sustainability. Recently, this notion has also been introduced in tourism practices. Consequently, researchers have gradually become involved in exploring how tourism CSER is practiced, what might motivate it, and the relationship between financial performance and accredited actions. However, studies have primarily focused on the hospitality, airline, and cruise industries, and been geographically limited to Europe and North America. In order to fill this research gap, this study measures Taiwanese tour operators CSER activeness in reducing GHG emission according to a comprehensive set of items ranging from firm operation to destination management. Particularly, an extended TPB model has been employed to examine significant predictors of CSER performance, from the perspective of administrative managers. The findings indicate that managers’ attitudes regarding the benefits to the society and company interests are the most important predictors of business operations, supply chain, and destination management in CSER practices, respectively. The age of tourism business also plays an important role. This study contributes to the theoretical enhancement of CSER and TPB. Also, several practical suggestions are proposed in this study that will enhance the CSER profiles of tour operators.
keywords: Corporate social environmental responsibility (CSER) |Corporate social responsibility (CSR) |Green gas house (GHG) emissions |Climate change |Theory of planned behavior (TPB) |Tour operators
Impact of a gaming companys CSR on residents perceived benefits, quality of life, and support
تاثیر CSR شرکت بازی روی منافع مشاهده شده توسط ساکنین، کیفیت زندگی و حمایت-2018
Despite increasing research interest in the field of gaming and corporate social responsibility (CSR), empirical studies on the impact of a gaming companys CSR on residents have been limited. Thus, the purpose of this study is to examine the impact of a gaming companys CSR on residents quality of life, perceived benefits, and support for the companys casino development based on stakeholder theory and social exchange theory. This study also investigates the mediating roles of residents quality of life and perceived benefits. An onsite survey was conducted with 459 residents in a gaming community. This study found that the gaming companys CSR was comprised of four dimensions (economic, legal, ethical, and philanthropic) and positively influenced residents quality of life and perceived benefits. CSR also influenced residents support directly and indirectly. In particular, residents quality of life and perceived benefits played significant roles in mediating the relationship between CSR and support.
keywords: Corporate social responsibility (CSR) |Casino development |Quality of life |Perceived benefits |Residents support
Local corporate social responsibility, media coverage, and shareholder value
مسئولیت پذیری اجتماعی شرکتی محلی، پوشش رسانه ای و ارزش ذی نفع-2018
Using news articles covering firms corporate social responsibility (CSR) activities, we find that publicized CSR activities are positively associated with shareholder value and improved future operating performance. Furthermore, we find that media coverage on CSR engagements with local impact on companies’ communities and employees, rather than those with broader social impact on the general public, is the main driver in explaining higher shareholder value and operating performance. We also implement a two-stage least-squares regression (2SLS) and propensity score matching to establish a causal link between publicized local CSR activities and shareholder value. Our evidence is consistent with the notion that shareholders put positive value on locally-oriented CSR when it is also complemented with high level of stakeholder awareness.
keywords: Corporate social responsibility |Media coverage |Stakeholder theory |Intangibles
Supplier selection based on corporate social responsibility practices
انتخاب تامین کننده برمبنای اقدامات مسئولیت پذیری اجتماعی شرکتی-2018
Due to the momentous effects of responsible sourcing in a firm’s performance, the sourcing process is tedious. Purchasing managers face a difficult decision in determining how to select responsible suppliers so they can maintain their firm’s competitive advantage in the contemporary business environment. Firms need to satisfy not only the views of society but also to consider the opinions of all stakeholders to stay profitable and to create a supportive business strategy. Existing studies fail to provide a model for socially responsible supplier selection, particularly when various actors are involved. To fill this gap, this study proposes a model to select the best supplier based on their corporate social responsibility (CSR) practices and to identify the key actors (Shareholder, Governments, Customers, and Community) whose perspective is vital. We utilize a hybrid multi criteria decision making (MCDM) approach; however, the supplier selection portion relies on a pure decision making process with consideration of multiple criteria. This study proposes the model in three phases as follows. In the first phase, the collected common CSR practices are scrutinized through fuzzy Delphi with the assistance of experts’ opinions. In second phase, the interdependencies, interrelationship and weights of CSR practices are analysed through DEMATEL-ANP (DANP). The final phase proceeds with the selection of the best alternative (supplier) based on CSR practices through PROMETHEE. The proposed model is validated with the case illustration and the results are discussed with feedback from the case purchasing managers. Finally, the study ends by identifying managerial implications and its limitations, and we provide some useful future insights which will increase the effective integration of CSR in supply chains and especially in the supplier selection process.
keywords: CSR practices |Supplier selection |Multi-stakeholders |Hybrid MCDM