Analyzing a closed-loop sustainable supply chain with duopolistic retailers under different game structures
تجزیه و تحلیل یک زنجیره تامین حلقه بسته پایدار با خرده فروشان دوپولیستی تحت ساختارهای مختلف بازی-2021
This article investigates a closed-loop supply chain consisting of a manufacturer, two suppliers and two competitive retailers. One retailer sells manufactured products whereas the other retailer sells remanufactured products and takes up corporate social responsibility (CSR). One supplier supplies used products or cores for remanufacturing while the other supplier supplies fresh raw materials for manufacturing new product. The manufacturer sells both new and remanufactured products with different wholesale prices. The paper analyzes the two competitive retailers different game strategies when the manufacturer acts as the Stackelberg leader. It is shown that remanufacturing is a good policy to adopt for the whole supply chain, not only for economical beneﬁts but also for environmental sustainability. Optimal decisions of the proposed closed-loop supply chain and its members are also supported by a numerical example. Finally, sensitivity analysis is carried out with respect to key model- parameters.© 2021 CIRP.
Keywords: Closed-loop supply chain | Stackelberg game | Remanufacturing | Pricing | Sustainability | Corporate social responsibility
Internal and external corporate social responsibility activities and firm value: Evidence from the shared growth in the supply chain
فعالیت های مسئولیت اجتماعی شرکت داخلی و خارجی و ارزش شرکت: شواهدی از رشد مشترک در زنجیره تأمین-2021
Despite the long history of corporate social responsibility (CSR) research, few studies have focused on CSR activities related to business partners in supply chains. In this regard, we investigate whether internal (or backward) CSR enhances firm value. Using an index from the Korea Commission for Corporate Partnership, which indicates whether a firm shares its profits with business partner companies, we find that firm value increases as this backward CSR increases. Further, after controlling for internal CSR, firms engaged only in external CSR have lower firm value than non-CSR firms. Interestingly, we find that firms involved in both internal and external CSR have higher value. Overall, by showing that internal CSR is a core activity that enhances firm value, our study provides policy implications for the regulatory bodies of different countries. Copyright © 2021, Borsa I_stanbul Anonim S¸ irketi. Production and hosting by Elsevier B.V. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).JEL classification: M14; M48
Keywords: Internal CSR | External CSR | Firm value | Supply chain | Shared growth
Board of director attributes and CSR engagement in emerging economy firms: Evidence from across Asia
ویژگی های هیئت مدیره و مشارکت CSR در بنگاه های اقتصادی در حال ظهور: شواهدی از سراسر آسیا-2020
This study investigates the relationship between the board of director attributes and corporate social responsibility (CSR) engagement across a sample of Asian emerging economy firms. We find a statistically positive relationship between CSR engagement and several directors’ attributes including their political influence, international experience, business expertise, other director- ships held and independence from management. These empirical results indicate that while corporate governance recommendations designed for developed economy firms are relevant for emerging economy firms, additional director attributes are also important in encouraging CSR engagement in emerging economy firms given the divergent institutional and resource de- pendency issues they face.
Keywords: Corporate social responsibility | Board of director attributes | Corporate governance | Emerging economy firms
تولید مشترک: رابطه عمده بین مسئولیت اجتماعی شرکت، اعتماد مشتری و وفاداری مشتری
سال انتشار: 2020 - تعداد صفحات فایل pdf انگلیسی: 16 - تعداد صفحات فایل doc فارسی: 31
در محیط متصل، دیجیتال و آشکارتر، مشتریان به طور روزافزون نام های تجاری را وادار می کنند تا فعالیت های مسئولیت اجتماعی شرکتی واقعی و فعالیت های تولید مشترک در پیش بگیرند. در حالی که مسئولیت اجتمای شرکت و تولید مشترک فرایندهای اجتماعی و گروهی اند، هنوز تحقیقات کمی به بررسی این مسئله پرداخته اند که آیا مسئولیت اجتماعی شرکت می تواند تولید مشترک را بهبود بخشد. به علاوه، در حالی که تحقیقات قبلی به طور عمده تولید مشترک را به پیامدهای هیجانی ربط می دهند (همانند تعهد تاثیرگذار مشتری)، تحقیقت تجربی محدودی آن را به پیامدهای منطقی ( همانند اعتماد مشتری) و رفتاری (وفاداری مشتری) مربوط دانسته اند. جهت بررسی این کمبود ها در ادبیات، این مقاله به بررسی تاثیر مسئولیت اجتماعی شرکت بر وفاداری مشتری می پردازد، با توجه به اینکه نقش هایواسطه تولید مشترک و اعتماد مشتری را باید لحاظ نمود. آن همچنین به بررسی تاثیر تولید مشترک بر اعتماد مشتری می پردازد. داده های جمع آوری شده در اسپانیا در اواخر 2017 با استفاده از نظرسنجی آنلاین جمع آوری شدند و نمونه حاوی 1101 مشتری با نام های تجاری خدمات بیمه سلامت بود. مدل سازی معادله ساختاری برای آزمون روابط فرضی به طور همزمان به کار رفت. نتایج نشان می دهد که مسئولیت اجتماعی شرکت بر وفاداری مشتری به طور مستقیم و غیر مستقیم از طریق تولید مشترک و اعتماد مشتری تاثیر می گذارد. به هر حال، تاثیر غیرمستقیم نسبت به هر دو قوی تر است بدین مفهوم که شامل سازی فعالیت های تولید مشترک و برقراری اعتماد مشتری می تواند فعالیت های مسئولیت اجتماعی شرکت را راحت تر کند تا وفاداری مشتری را ارتقاء دهد. به علاوه، تولید مشترک تاثیر مستقیم بر اعتماد مشتری دارد.
واژگان کلیدی: تولید مشترک | مسئولیت اجتماعی شرکت | وفاداری مشتری.
|مقاله ترجمه شده|
The role of leadership in shared value creation from the public’s perspective: A multi-continental study
نقش رهبری در ایجاد ارزش مشترک از دیدگاه عموم: یک مطالعه چند قاره ای-2020
Porter and Kramer’s concept of creating shared value (CSV) has been welcomed as an approach to corporate social responsibility (CSR) among corporations that also provides a practical opportunity for dialogue in public relations, but it has been little examined from the general population’s (i.e., the public’s) perspective. Such scrutiny is important because its findings enable public relations to contribute to the debate and development of CSV from both the public’s and the organization’s viewpoints. Additionally, if public relations professionals understand how the public perceives CSV, they can give a strategic perspective to top management for maximizing moral capabilities of the business and formulate effective communication to promote CSV initiatives. This study investigates whether the public prefers corporations to practice CSV as opposed to intrinsic CSR as a separate pursuit from business interests. It also explores the role of leadership as an influential and ethical construct in implementing effective CSV as perceived by the public. The public’s preference for CSV over in trinsic CSR was revealed in a survey of 1784 participants in the United States (US), Germany, and China. Factor analysis results further suggested that effective CSV competencies of CEOs were construed as a unidimensional concept in the US, but German and Chinese participants viewed it as two-dimensional. The public perceived that leaders’ moral character played a more important, core role in effective CSV than did altruistic and behavioral attributes, across nations. Network analysis of the perceived effective CSV-characteristics provides further implications for CSV communication.
Keywords: Corporate social responsibility (CSR) | Creating shared value (CSV) | Leadership | CEO characteristics | Comparative study
Corporate Social Responsibility and financial performance: A comparative study in the Sub-Saharan Africa banking sector
مسئولیت اجتماعی شرکت و عملکرد مالی: یک مطالعه مقایسه ای در بخش بانکی زیر صحرای آفریقا-2019
There is a growing interest in Corporate Social Responsibility (CSR), both in the professional and academic fields. Building on the Stakeholder theory, this study examines the impact of voluntary CSR disclosure on Financial Performance (FP) in the Sub-Saharan banking sector by comparing the top-ranked banks in Mozambique and the Republic of South Africa. This study applied content analysis to assess the Corporate Social Responsibility dimensions and the general measure of FP such as Return on Asset (ROA) and Return on Equity (ROE), which are published in the annual reports in accordance with International Financial Reporting Standards (IFRS). Based on a panel data covering the period of 2012e2016, this study regresses FP on CSR disclosure and found a significant and positive relationship between FP and CSR disclosure, suggesting that CSR behavior is helpful to improve the performance of banks. The findings indicate that the Republic of South Africa banks are slightly over performing Mozambican banks, and the Republic of South Africa banks are disclosing more information regarding CSR than Mozambican banks. Also, the influence of the positive CSR disclosure index is much stronger than that of the negative CSR disclosure index on improving FP. In practical terms, it is believed that the voluntary report on CSR commitment could help the banking sector to improve its FP. The evidence from the study can help regulators and investors to understand the banks business practices in these two countries.
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
Broad bond rating change and irresponsible corporate social responsibility activities
تغییر رتبه بندی ضمانتی و فعالیتهای مسئولیت اجتماعی شرکتی غیر مسئولانه-2018
This study investigates the association between whether firms are near a broad bond rating change (a rating with a plus or minus specification) and their level of irresponsible corporate social responsibility (CSR) activities. Using a 24-year panel sample with 1182 U.S. firms and 11,335 firm-year observations, we find that firms near a broad bond rating change tend to reduce their irresponsible CSR activities more than firms that are not near a broad bond rating change. The results persist through a battery of robustness checks. Furthermore, we find that our results are stronger for high growth firms.
keywords: Bond rating |broad bond rating change |irresponsible corporate social responsibility activities
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