This document provides background information on a research proposal that will examine the impact of corporate social responsibility (CSR) practices on employee motivation at Newmont Ahafo Mines in Ghana. It discusses literature showing relationships between CSR and stakeholder management as well as CSR and employee motivation. The study aims to address gaps in knowledge by providing empirical evidence on how CSR impacts intrinsic and extrinsic motivation. It also examines the effect of CSR at multiple organizational levels and considers external factors. The objectives are to examine CSR practices and factors motivating employees at Newmont Ahafo Mines, then measure the effect of CSR on employee motivation and identify CSR-related challenges affecting motivation.
Qualitative Research Methods by Paulino Silva - ECSM2015Paulino Silva
Presentation slides from the Seminar "Qualitative Research Methods" conducted during the European Conference on Social Media 2015 (ECSM2015) in Porto, Portugal.
Master's thesis - CORPORATE SOCIAL RESPONSIBILITY: Strategy and impacts on fi...auderichon
Society is feeling more and more concerned about the environment and social issues caused, among other things, by relocation and environmental dumping. Globalization has actually raised some ethical issues which peak levels were attained, socially speaking, when apparel companies were denunciated for using sweatshops in developing countries, and environmentally speaking, with Shell’s Brent Spar platform scandal. Consequently, companies started to think of how they could improve their image, even their way of doing business and started to engage in Corporate Social Responsibility (CSR).
The purpose of this thesis is to understand why companies decide to engage in CSR and if CSR policies have impacts on firms’ financial performance. Thus, the research problem is the following: What characterizes Corporate Social Responsibility strategies and do they have an impact on financial performance?
In order to answer it, I will use first a review of the existing literature, then interviews performed with persons in charge of CSR/Sustainable Development (SD) in companies and opinion leaders will be analysed. To complement this part, a study on sustainability indexes followed by a specific outlook at the automobile sector and its impact on the environment will be undertaken.
The results show that Western multinational companies (MNCs) tend to be more and more engaged, with law pushing for that as well. Stakeholders have quite an influence on the process, but the main factor of success is the commitment of top management and the integration of CSR in corporate culture. Quantitative results are more mitigated and it cannot be clearly said that CSR favours or not financial performance. More prospective is needed to be definite in the answer.
A project report submitted to Amrita Vishwa Vidyapeetham in partial fulfillment of the award of degree of Bachelor of Business Management
Topic : A STUDY ON JOB SATISFACTION OF EMPLOYEES AT PALM FIBRE (INDIA) PRIVATE LIMITED PATHIRAPALLY, ALAPPUZHA
Period : 1st June 2012 to 30th June 2012
Qualitative Research Methods by Paulino Silva - ECSM2015Paulino Silva
Presentation slides from the Seminar "Qualitative Research Methods" conducted during the European Conference on Social Media 2015 (ECSM2015) in Porto, Portugal.
Master's thesis - CORPORATE SOCIAL RESPONSIBILITY: Strategy and impacts on fi...auderichon
Society is feeling more and more concerned about the environment and social issues caused, among other things, by relocation and environmental dumping. Globalization has actually raised some ethical issues which peak levels were attained, socially speaking, when apparel companies were denunciated for using sweatshops in developing countries, and environmentally speaking, with Shell’s Brent Spar platform scandal. Consequently, companies started to think of how they could improve their image, even their way of doing business and started to engage in Corporate Social Responsibility (CSR).
The purpose of this thesis is to understand why companies decide to engage in CSR and if CSR policies have impacts on firms’ financial performance. Thus, the research problem is the following: What characterizes Corporate Social Responsibility strategies and do they have an impact on financial performance?
In order to answer it, I will use first a review of the existing literature, then interviews performed with persons in charge of CSR/Sustainable Development (SD) in companies and opinion leaders will be analysed. To complement this part, a study on sustainability indexes followed by a specific outlook at the automobile sector and its impact on the environment will be undertaken.
The results show that Western multinational companies (MNCs) tend to be more and more engaged, with law pushing for that as well. Stakeholders have quite an influence on the process, but the main factor of success is the commitment of top management and the integration of CSR in corporate culture. Quantitative results are more mitigated and it cannot be clearly said that CSR favours or not financial performance. More prospective is needed to be definite in the answer.
A project report submitted to Amrita Vishwa Vidyapeetham in partial fulfillment of the award of degree of Bachelor of Business Management
Topic : A STUDY ON JOB SATISFACTION OF EMPLOYEES AT PALM FIBRE (INDIA) PRIVATE LIMITED PATHIRAPALLY, ALAPPUZHA
Period : 1st June 2012 to 30th June 2012
The Impact of Shared Values, Corporate Cultural Characteristics, and Implemen...CSCJournals
Firms' implementations of Corporate Social Responsibility (CSR) strategies have gained attention worldwide in recent years. Because engaging in CSR may impact the profitability from the resultant cost increases, firms often deliberate in the CSR decision-making process. When carrying out decisions, they may consider how social values can be created when pursuing economic interests. Corporate culture is a soft power that facilitates cohesion, enabling a firm to exhibit a common direction in its operations. Therefore, differences in corporate culture characteristics impact a firm's implementation of CSR activities and communication of related policies, which in turn affects the firm's competitiveness. This study used a questionnaire survey method to survey employees of firms listed in the 2015 and 2016 CSR Award List compiled by Common Wealth Magazine. Employees of firms listed in the "large enterprises," "medium-sized enterprises," and "little Giant" categories served as the research subjects. A total of 430 questionnaires were distributed, with each company receiving 3-5 questionnaires. Subsequently, 323 valid questionnaires were returned. Descriptive statistics, reliability analysis, and regression analysis were conducted to examine the effects of shared values, corporate cultural characteristics (CCC), and CSR activities on innovative behavior (IB). Results showed that strategic thinking of shared values had a significant and positive effect on CSR strategies, and different corporate cultural characteristics were significantly related to CSR strategies. Second, shared values, CCC, and CSR activities correlated positively with IB. indicating that the employees held a common consensus to include CSR in their firm's core operations in order to implement CSR through the strategic thinking of shared values and develop a sustainable corporate culture. Doing so enhances firms' competitiveness, creates social welfare, and instigate employees' innovative behavior.
Analysis of the effects of economic corporate social responsibility on financ...inventionjournals
The purpose of this study was to analyze the effect economic corporate social responsibility on Financial performance. The study was guided by the following objectives: To analyze the effect of innovational CSR cost on financial performance, to examine the effect of social quality practices spending on financial performance ,to find out the effect of corporate entrepreneurship spending on financial performance and to examine the effect of financial literacy expenditure CSR on financial The study was guided by Stakeholders theory, Shareholder theory and Shareholder-Based Financial Performance theory. This study used quantitative research approaches. Quantitative research is generally associated. Collecting and converting data into numerical form so that statistical calculations can be made and conclusions drawn. This study will employ descriptive research design. The target population used was 100 and sampling procedure used was stratified. The study used primary (collected using questionnaires) and secondary data (trend analysis). To test the validity of the research instruments the questionnaires prepared and submitted to the supervisor and other research experts. In order to test the reliability of the instrument used in this study, the researcher used test retest method. Descriptive and inferential statistics method was used for data analysis and interpretation regression model was used to analyze the effect between variables. The study recommended that companies should ensure effective sustainability programs which include social responsibility, They should also ensure effective social programs are accomplished through cause-related marketing and corporate philanthropy, they should also create initiative which has beneficial relationship between the corporation and society, they should also should ensure corporate governance which is the framework of rules and practices by which a board of directors and embrace accountability, fairness, and transparency in a company's relationship with its stakeholders. For further research the study suggests that more studies should be done on economic social responsibility and corporate governance, economic social responsibility and financial literacy.
HR Practices and Internal Corporate Social Responsibilityscmsnoida5
This paper made an attempt to put forward the
relationship between human resource practices
and internal corporate social responsibility
(CSR) in Indian Service sector. The paper is
based on extensive literature review and has
documented evidences from previous researches,
wherein similar relationship has been shown. We
argue intrinsic corporate social responsibility goes
parallel to human resource practices in order to
attain higher better. Literature review showed
that internal corporate social responsibility in
combination with human resource practices
leads to improvement in outcome. This study
makes a contribution to the relationship between
corporate social responsibility and human
resource practices by suggesting a relational model
that may be tested in further researches.
Corporate Social Responsibility and Profitability in the Banking Sector: The ...Dr. Amarjeet Singh
In this article, we explore the relationship between corporate social responsibility and profitability with particular reference to Ethiopian financial industry. In line with this, the paper investigated the practice of corporate social responsibility and its impact on profitability in two private banks in Ethiopia. The study used two sampling phases. The first one is to sample out the two banks among the sixteen private banks operated in the country and the second phase is to select number of respondents within the selected banks. According to National Bank of Ethiopia, (NBE, 2020) annual report among the sixteen private commercial banks operated in the country, six of them were operated in the industry for more than 20 years and two banks namely Dashen and United banks were randomly selected for the study. The study used questionnaires as an instrument for data collection and the Cronbach alpha test was used to test the reliability of the instrument. Correlation analysis was carried out to identify the nature of strength and direction of the relationship between the independent variables (philanthropic, ethical, legal and economic responsibilities) and the dependent variables (profitability), regression analysis was also employed to determine the degree in which the dependent variable can be predicated or explained from the independent variables. The finding reveals that ethical, philanthropic, legal and economic responsibilities of CSR dimension have a positive and significant impact on profitability of the banks. Furthermore, the overall finding of the study suggested that CSR practice of banks has a significant impact on the level of their profitability. The study recommends that banks should improve their efforts exerted towards their CSR practice in order to enhance their profitability.
Sugarcane Company’s performance has remained to be one of the challenging facts in the growing companies in Kenya today. The delays in harvesting operations are attributed to uncoordinated and unpredictable harvesting and transport schedules; and inefficiencies in mill operations. Therefore, the main aim of the study is to determine the influence of Sustainability Management Systems CSR on firm performance of selected sugarcane companies in Kenya. The study is guided by Corporate Social Performance Theory. This study used ex- post facto research design. Ex- post facto research design determines and reports the way things are. The target population was 528 employees. This study therefore sampled 228 respondents. Purposive sampling technique was used to select 10 managers, 24 supervisors, 38 accountants and 156 clerks from the 7 sugarcane companies because they have specific information concerning the effects of corporate social responsibility practice on firm performance of selected sugarcane companies in Kenya. Pilot study was done in order to test for validity and reliability of the research tools. The pilot study was done in Trans-Mara Sugar Company found in rift Valley region of Kenya. For inferential statistics, correlation and multiple regression was used for comparative analysis between frequencies of corporate social responsibility practice on firm performance. The study findings indicated that sustainability management systems have an effect on firm performance. The government will use this study in establishing policies that would ensure improvement in firm performance of sugarcane processing firms among other firms in Kenya. The study recommends that the companies should encourage sustainability management systems since sustainable management systems is an important mechanism for improving corporate sustainability performance. It can generate business value through measurement and management of sustainability risks and opportunities. The study recommends further researchers to study on corporate social responsibility strategy and financial performance of firms in Kenya which the study didn’t cover.
Value Creation Through Corporate Social Responsibility in Developing Countrie...Waqas Tariq
Consumer support for Corporate Social Responsibility (CSR) has been in practice for some years now and firms are demanded to seriously take CSR initiatives. This project has been compiled out of a wealth of literature that addresses the need and importance of CSR and business ethics in the society in great depth. A case study of CSR at Proctor and Gamble Pakistan was carried out by employing both the qualitative and quantitative data collection techniques to gather information so as to bring the attributes of triangulation in this research. The research findings outlined various views and beliefs of the respondents with regards to CSR initiatives by Proctor and Gamble Pakistan. The CSR awareness and societal veracities are the factors that encourage consumers to think ethically and make decisions in terms of who to develop associations with. The research shows a reflection of deductive approach and the researcher understood the inbuilt pros and cons of dependence upon secondary sources of information. It was attempted to adopt a hybrid strategy in this project but it mainly took a positivist look because of the nature of the questionnaire survey based upon close-ended questions aiming for quantitative data. The trend for CSR initiatives in developing countries is now growing at a decent pace and the recent advancements in technology and media have resulted in grown awareness among consumer groups to exert pressures on multinational companies to be apparent in their statements as well as practices.
STRATEGY FORMULATION MODEL TO IMPROVE IMPLEMENTATION OF CORPORATE SOCIAL RESP...IAEME Publication
This research is based on reality condition of Corporate Social Responsibility
(CSR) activity in generic CSR program. Many companies implement CSR based on
external pressures, such as regulators, environmentalists and other associations. CSR
Implementation is not an internal awareness of company to improve social
environment and has no relevance to main activities and corporate strategy.
Therefore, it does not give benefits to the performance and competitive advantage.
This research focus is to develop a CSR implementation model based on internal
awareness of company by examining the leadership behavior to formulate CSRoriented
strategy formulation in an effort to improve company performance. This
research location is Makassar Industrial Estate (PT.KIMA). The unit analysis is
company. The samples are 81 leaders at general manager level and leadership of
company functional manager level. The study proves that transformational leadership
stylehas a significant effect on CSR-oriented strategy formulation. Leaders with
ethical integrity rules, norms and policies will increase the leadership commitment to
formulate the company's strategy by taking into account aspects of natural and social
environment in addition to main purpose to generate profits. Organizational learning
culture improves the effectiveness of corporate strategy formulation. Strategy
formulation will improve leadership commitment to create CSR implementation
Managerial perceptions on corporate social responsibility in select companies...inventy
Research Inventy : International Journal of Engineering and Science is published by the group of young academic and industrial researchers with 12 Issues per year. It is an online as well as print version open access journal that provides rapid publication (monthly) of articles in all areas of the subject such as: civil, mechanical, chemical, electronic and computer engineering as well as production and information technology. The Journal welcomes the submission of manuscripts that meet the general criteria of significance and scientific excellence. Papers will be published by rapid process within 20 days after acceptance and peer review process takes only 7 days. All articles published in Research Inventy will be peer-reviewed.
The Corporate Social Responsibility Strategies and Activities Employed By the...iosrjce
Corporate social responsibility (CSR) playa an increasingly important role in business success
today, and economic, political, and social factors are shaping CSR strategies around the world. Approached
strategically, CSR has the potential to generate opportunity, innovation and competitive advantage for
organizations while solving pressing social problems. The study explored the effectiveness of CSR strategies on
organizational performance by ascertaining whether responsibility towards primary stakeholders influences the
financial and non-financial performance of commercial banks. The author focused on the Equity Bank in Kenya.
Content analysis of the Bank’s financial reports between the years 2006 and 2012 was done to ascertain the
relationship between CSR and performance of the Bank. The establishment of EGF, a fully fledged subsidiary of
Equity Bank, to handle all aspects of social responsibility for the Bank is a clear attestation of how important
and serious the institution considers CSR in their day-to-day operations. The categorization of the CSR
strategies into thematic areas showed that, to the Eank, social responsibility is not just a philanthropic deed to
society but a strategic tool for furtherance of business objectives, including stakeholder relationships. The study
recommended the need for organizations to be more inclusive and participatory among all the stakeholders at
all levels of implementation as well as further research to determine the level at which CSR impacts on
performance and the influence of prior organizational performance on social responsibility.
Corporate Social Responsibility Model Based On “Tri Hita Karana” Cultureinventionjournals
This research was conducted with the background of the CSR activities that are usually done by the company including the BPR industry. So far, CSR has not been adjusted to the values of local wisdom. One of the values of local wisdom in Bali that can be adopted by companies is the cultural value THK. Therefore, this study has the objective to explain the model of CSR-based cultural values THK. This study used a qualitative approach using key informants are stakeholders of the BPR industry, consisting of: the director of BPR, BPR commissioner, banking analyst, cultural experts, and academics. The number of informants there are as many as 15 people. The results showed that the BPR in Bali has implemented CSR activities such as: providing funding punia to pretend, to invite employees to tirta yatra, took off in the days of Hinduism, planting trees, using conditioned taste, using office facilities friendly environment, provide a decent salary, give a reasonable interest rate, giving social assistance to orphanages / nursing, until there doing house renovation. The various CSR activities when combined with cultural concepts THK then be grouped into parahyanganbased CSR, CSR-based pawongan, and CSR-based palemahan. All this THK-based CSR activities have a positive impact for all stakeholders BPR industry in Bali, such as: maintenance of harmonious relations with the BPR employees, customers and the surrounding community, the preservation of the natural environment is good, and the increased performance of BPR.
The Impact of Shared Values, Corporate Cultural Characteristics, and Implemen...CSCJournals
Firms' implementations of Corporate Social Responsibility (CSR) strategies have gained attention worldwide in recent years. Because engaging in CSR may impact the profitability from the resultant cost increases, firms often deliberate in the CSR decision-making process. When carrying out decisions, they may consider how social values can be created when pursuing economic interests. Corporate culture is a soft power that facilitates cohesion, enabling a firm to exhibit a common direction in its operations. Therefore, differences in corporate culture characteristics impact a firm's implementation of CSR activities and communication of related policies, which in turn affects the firm's competitiveness. This study used a questionnaire survey method to survey employees of firms listed in the 2015 and 2016 CSR Award List compiled by Common Wealth Magazine. Employees of firms listed in the "large enterprises," "medium-sized enterprises," and "little Giant" categories served as the research subjects. A total of 430 questionnaires were distributed, with each company receiving 3-5 questionnaires. Subsequently, 323 valid questionnaires were returned. Descriptive statistics, reliability analysis, and regression analysis were conducted to examine the effects of shared values, corporate cultural characteristics (CCC), and CSR activities on innovative behavior (IB). Results showed that strategic thinking of shared values had a significant and positive effect on CSR strategies, and different corporate cultural characteristics were significantly related to CSR strategies. Second, shared values, CCC, and CSR activities correlated positively with IB. indicating that the employees held a common consensus to include CSR in their firm's core operations in order to implement CSR through the strategic thinking of shared values and develop a sustainable corporate culture. Doing so enhances firms' competitiveness, creates social welfare, and instigate employees' innovative behavior.
Analysis of the effects of economic corporate social responsibility on financ...inventionjournals
The purpose of this study was to analyze the effect economic corporate social responsibility on Financial performance. The study was guided by the following objectives: To analyze the effect of innovational CSR cost on financial performance, to examine the effect of social quality practices spending on financial performance ,to find out the effect of corporate entrepreneurship spending on financial performance and to examine the effect of financial literacy expenditure CSR on financial The study was guided by Stakeholders theory, Shareholder theory and Shareholder-Based Financial Performance theory. This study used quantitative research approaches. Quantitative research is generally associated. Collecting and converting data into numerical form so that statistical calculations can be made and conclusions drawn. This study will employ descriptive research design. The target population used was 100 and sampling procedure used was stratified. The study used primary (collected using questionnaires) and secondary data (trend analysis). To test the validity of the research instruments the questionnaires prepared and submitted to the supervisor and other research experts. In order to test the reliability of the instrument used in this study, the researcher used test retest method. Descriptive and inferential statistics method was used for data analysis and interpretation regression model was used to analyze the effect between variables. The study recommended that companies should ensure effective sustainability programs which include social responsibility, They should also ensure effective social programs are accomplished through cause-related marketing and corporate philanthropy, they should also create initiative which has beneficial relationship between the corporation and society, they should also should ensure corporate governance which is the framework of rules and practices by which a board of directors and embrace accountability, fairness, and transparency in a company's relationship with its stakeholders. For further research the study suggests that more studies should be done on economic social responsibility and corporate governance, economic social responsibility and financial literacy.
HR Practices and Internal Corporate Social Responsibilityscmsnoida5
This paper made an attempt to put forward the
relationship between human resource practices
and internal corporate social responsibility
(CSR) in Indian Service sector. The paper is
based on extensive literature review and has
documented evidences from previous researches,
wherein similar relationship has been shown. We
argue intrinsic corporate social responsibility goes
parallel to human resource practices in order to
attain higher better. Literature review showed
that internal corporate social responsibility in
combination with human resource practices
leads to improvement in outcome. This study
makes a contribution to the relationship between
corporate social responsibility and human
resource practices by suggesting a relational model
that may be tested in further researches.
Corporate Social Responsibility and Profitability in the Banking Sector: The ...Dr. Amarjeet Singh
In this article, we explore the relationship between corporate social responsibility and profitability with particular reference to Ethiopian financial industry. In line with this, the paper investigated the practice of corporate social responsibility and its impact on profitability in two private banks in Ethiopia. The study used two sampling phases. The first one is to sample out the two banks among the sixteen private banks operated in the country and the second phase is to select number of respondents within the selected banks. According to National Bank of Ethiopia, (NBE, 2020) annual report among the sixteen private commercial banks operated in the country, six of them were operated in the industry for more than 20 years and two banks namely Dashen and United banks were randomly selected for the study. The study used questionnaires as an instrument for data collection and the Cronbach alpha test was used to test the reliability of the instrument. Correlation analysis was carried out to identify the nature of strength and direction of the relationship between the independent variables (philanthropic, ethical, legal and economic responsibilities) and the dependent variables (profitability), regression analysis was also employed to determine the degree in which the dependent variable can be predicated or explained from the independent variables. The finding reveals that ethical, philanthropic, legal and economic responsibilities of CSR dimension have a positive and significant impact on profitability of the banks. Furthermore, the overall finding of the study suggested that CSR practice of banks has a significant impact on the level of their profitability. The study recommends that banks should improve their efforts exerted towards their CSR practice in order to enhance their profitability.
Sugarcane Company’s performance has remained to be one of the challenging facts in the growing companies in Kenya today. The delays in harvesting operations are attributed to uncoordinated and unpredictable harvesting and transport schedules; and inefficiencies in mill operations. Therefore, the main aim of the study is to determine the influence of Sustainability Management Systems CSR on firm performance of selected sugarcane companies in Kenya. The study is guided by Corporate Social Performance Theory. This study used ex- post facto research design. Ex- post facto research design determines and reports the way things are. The target population was 528 employees. This study therefore sampled 228 respondents. Purposive sampling technique was used to select 10 managers, 24 supervisors, 38 accountants and 156 clerks from the 7 sugarcane companies because they have specific information concerning the effects of corporate social responsibility practice on firm performance of selected sugarcane companies in Kenya. Pilot study was done in order to test for validity and reliability of the research tools. The pilot study was done in Trans-Mara Sugar Company found in rift Valley region of Kenya. For inferential statistics, correlation and multiple regression was used for comparative analysis between frequencies of corporate social responsibility practice on firm performance. The study findings indicated that sustainability management systems have an effect on firm performance. The government will use this study in establishing policies that would ensure improvement in firm performance of sugarcane processing firms among other firms in Kenya. The study recommends that the companies should encourage sustainability management systems since sustainable management systems is an important mechanism for improving corporate sustainability performance. It can generate business value through measurement and management of sustainability risks and opportunities. The study recommends further researchers to study on corporate social responsibility strategy and financial performance of firms in Kenya which the study didn’t cover.
Value Creation Through Corporate Social Responsibility in Developing Countrie...Waqas Tariq
Consumer support for Corporate Social Responsibility (CSR) has been in practice for some years now and firms are demanded to seriously take CSR initiatives. This project has been compiled out of a wealth of literature that addresses the need and importance of CSR and business ethics in the society in great depth. A case study of CSR at Proctor and Gamble Pakistan was carried out by employing both the qualitative and quantitative data collection techniques to gather information so as to bring the attributes of triangulation in this research. The research findings outlined various views and beliefs of the respondents with regards to CSR initiatives by Proctor and Gamble Pakistan. The CSR awareness and societal veracities are the factors that encourage consumers to think ethically and make decisions in terms of who to develop associations with. The research shows a reflection of deductive approach and the researcher understood the inbuilt pros and cons of dependence upon secondary sources of information. It was attempted to adopt a hybrid strategy in this project but it mainly took a positivist look because of the nature of the questionnaire survey based upon close-ended questions aiming for quantitative data. The trend for CSR initiatives in developing countries is now growing at a decent pace and the recent advancements in technology and media have resulted in grown awareness among consumer groups to exert pressures on multinational companies to be apparent in their statements as well as practices.
STRATEGY FORMULATION MODEL TO IMPROVE IMPLEMENTATION OF CORPORATE SOCIAL RESP...IAEME Publication
This research is based on reality condition of Corporate Social Responsibility
(CSR) activity in generic CSR program. Many companies implement CSR based on
external pressures, such as regulators, environmentalists and other associations. CSR
Implementation is not an internal awareness of company to improve social
environment and has no relevance to main activities and corporate strategy.
Therefore, it does not give benefits to the performance and competitive advantage.
This research focus is to develop a CSR implementation model based on internal
awareness of company by examining the leadership behavior to formulate CSRoriented
strategy formulation in an effort to improve company performance. This
research location is Makassar Industrial Estate (PT.KIMA). The unit analysis is
company. The samples are 81 leaders at general manager level and leadership of
company functional manager level. The study proves that transformational leadership
stylehas a significant effect on CSR-oriented strategy formulation. Leaders with
ethical integrity rules, norms and policies will increase the leadership commitment to
formulate the company's strategy by taking into account aspects of natural and social
environment in addition to main purpose to generate profits. Organizational learning
culture improves the effectiveness of corporate strategy formulation. Strategy
formulation will improve leadership commitment to create CSR implementation
Managerial perceptions on corporate social responsibility in select companies...inventy
Research Inventy : International Journal of Engineering and Science is published by the group of young academic and industrial researchers with 12 Issues per year. It is an online as well as print version open access journal that provides rapid publication (monthly) of articles in all areas of the subject such as: civil, mechanical, chemical, electronic and computer engineering as well as production and information technology. The Journal welcomes the submission of manuscripts that meet the general criteria of significance and scientific excellence. Papers will be published by rapid process within 20 days after acceptance and peer review process takes only 7 days. All articles published in Research Inventy will be peer-reviewed.
The Corporate Social Responsibility Strategies and Activities Employed By the...iosrjce
Corporate social responsibility (CSR) playa an increasingly important role in business success
today, and economic, political, and social factors are shaping CSR strategies around the world. Approached
strategically, CSR has the potential to generate opportunity, innovation and competitive advantage for
organizations while solving pressing social problems. The study explored the effectiveness of CSR strategies on
organizational performance by ascertaining whether responsibility towards primary stakeholders influences the
financial and non-financial performance of commercial banks. The author focused on the Equity Bank in Kenya.
Content analysis of the Bank’s financial reports between the years 2006 and 2012 was done to ascertain the
relationship between CSR and performance of the Bank. The establishment of EGF, a fully fledged subsidiary of
Equity Bank, to handle all aspects of social responsibility for the Bank is a clear attestation of how important
and serious the institution considers CSR in their day-to-day operations. The categorization of the CSR
strategies into thematic areas showed that, to the Eank, social responsibility is not just a philanthropic deed to
society but a strategic tool for furtherance of business objectives, including stakeholder relationships. The study
recommended the need for organizations to be more inclusive and participatory among all the stakeholders at
all levels of implementation as well as further research to determine the level at which CSR impacts on
performance and the influence of prior organizational performance on social responsibility.
Corporate Social Responsibility Model Based On “Tri Hita Karana” Cultureinventionjournals
This research was conducted with the background of the CSR activities that are usually done by the company including the BPR industry. So far, CSR has not been adjusted to the values of local wisdom. One of the values of local wisdom in Bali that can be adopted by companies is the cultural value THK. Therefore, this study has the objective to explain the model of CSR-based cultural values THK. This study used a qualitative approach using key informants are stakeholders of the BPR industry, consisting of: the director of BPR, BPR commissioner, banking analyst, cultural experts, and academics. The number of informants there are as many as 15 people. The results showed that the BPR in Bali has implemented CSR activities such as: providing funding punia to pretend, to invite employees to tirta yatra, took off in the days of Hinduism, planting trees, using conditioned taste, using office facilities friendly environment, provide a decent salary, give a reasonable interest rate, giving social assistance to orphanages / nursing, until there doing house renovation. The various CSR activities when combined with cultural concepts THK then be grouped into parahyanganbased CSR, CSR-based pawongan, and CSR-based palemahan. All this THK-based CSR activities have a positive impact for all stakeholders BPR industry in Bali, such as: maintenance of harmonious relations with the BPR employees, customers and the surrounding community, the preservation of the natural environment is good, and the increased performance of BPR.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
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1. 1
KWAME NKRUMAH UNIVERSITY OF SCIENCE AND TECHNOLOGY
INSTITUTE OF DISTANCE LEARNING
MSC IN STRATEGIC MANAGEMENT
A RESEARCH PROPOSAL TOPIC
CORPORATE SOCIAL RESPONSIBILITY PRACTICES AND ITS IMPACT ON
EMPLOYEE MOTIVATION: EVIDENCE FROM NEWMONT AHAFO MINES
BY
VICTORIA………………….
STUDENT ID:
MARCH, 2023
2. 2
1.0.BACKGROUND TO THE STUDY
In recent years, companies have become much interested in paying more attention to education,
safety, and the environment; which are requirements to satisfy the interest of their
stakeholders(Hall, Momentè, & Reggiani, 2007). This stems from the fact that stakeholders
contribute enormously in enhancing companies’ sustainability. To this effect, companies are
realising the need to implement social and environmental programmes and also publish
corporate accountability reports as an attestation of their commitment to stakeholders’ interests
(Kitzmueller & Shimshack, 2012).
According to Lee & Carroll, (2011), the definition of CSR is centered on four main dimensions
and these are; economic, legal, ethical and philanthropic responsibilities of companies. In
effect, Pirsch, Gupta, & Grau (2007) stated that a company that is socially responsible strives to
make profits, while at the same time obeying the law, maintaining good ethical behaviour, and
subsequently being a good corporate citizen. It is important to state that this definition of CSR
is referred to as the pyramid of CSR. Basically, it is accepted among researchers in the field of
CSR and it is often cited in the local and international literature ( Kim, Lee, & Park, 2015;
Stanisavljević, 2017b). With this in mind, it thus becomes appropriate for the researcher to
adopt this definition.
Kotler & Lee, (2005) asserted that CSR is the commitment of a company to improve the well-
being of the community by contributing corporate resources and adapting business practices in
a discretionary manner. Community well- being in the definition is the conditions in which
people live as well as the ecological issues, and the term discretionary in this context also means
that a company is not legally mandated to undertake such business practice to enhance the lives
of individuals in the community. The European Commission (2011) shared the perspective that
CSR is a concept through which companies integrate the society and environment in their
3. 3
business operations and voluntarily interact with various stakeholders to that effect. The
concept of CSR is explained by the stakeholder theory (Weimer & Pape, 1999),which assumes
that a company’s primary goal is not to only maximise profit but also to satisfy the interests of
all stakeholders’, including employees (Stanisavljević, 2017a)
It is instructive to note that companies embrace CSR as the foundation for their business for
many reasons. That is companies who are socially responsible gain positive public opinion and
thus attain higher status, which enables them to distinguish themselves in the market (Carroll,
2015). According to Ćeha, (2013),socially responsible companies attract, inspire, and maintain
employees. That is, in addition to shareholders, suppliers, government, local community, and
customers; a large number of employees are becoming more expectant of companies
conducting their business in a socially acceptable way (Bediako, 2017).
It is said that employees are the internal customers of every organisation. Previous theoretical
discourse has observed that employees’ support of CSR is what decides whether CSR will
spread through an organisation’s culture or remain a mere public relation strategy (Nyuur,
Ofori, Amankwah, & Baffoe, 2022). As internal customers of the organisation, employees are
in the best position to refer their organisation’s products to friends, families, and loved ones
who can be potential customers, only if they are satisfied with the activities of their
organisation.
In essence, if an organisation cares for society and the environment in its business activities, its
employees are likely to feel proud of their company,which can increase their level of (Quarshie,
2021). Employee motivation, in the words of,is described as a person’s psychological response
to his work, in terms of suitability of work facilities, promotion opportunities, positive
relationship with colleagues, good working conditions (Abdullah, 2018).
4. 4
The positive relationship between CSR and employee motivation is enlightened by the social
identity theory (Du, Bhattacharya, & Sen, 2007), which stipulates that the higher the level of
the company’s CSR initiatives are, the stronger the employee’s level of employee motivation
(Raihan & Al Karim, 2017).The social identity theory is also used to illustrate a positive
relationship between CSR and EE (Du et al., 2007). A company that integrates the care for
society and environment in its business activities and interacts with its stakeholders voluntarily
stands the chance of persuading employees to show high levels of engagement (Sanchez-
Hernandez & Grayson, 2012). (D’amato, Henderson, & Florence, 2009) (Bailey, Madden,
Alfes, & Fletcher, 2017; Steurer, 2010) indicated that employees who are engaged are the ones
who are fully engrossed by and excited about their work; they take actions that would positively
enhance the corporate reputation and objective of a company. Due to the massive
environmental degradation which is generally caused by mining companies, there is a high
public outcry on the need for Newmont Ahafo Mines to intensify their CSR activities,
particularly philanthropic responsibilities, to benefit the communities within which they carry
out their operations (Quarshie, 2021). It is for this reason that this study drew responses from
employees of this company. Against this backdrop, this study sought to examine the impact of
CSR and employee motivation at Newmont Ahafo Mines.
2.0.PROBLEM STATEMENT
There are growing numbers of research studies linking CSR with stakeholder management
(Koh, Li, & Tong, 2022) and CSR with employee motivation (Kim & Scullion, 2013) in the
western world. They argued a stakeholder approach on CSR was able to enhance organisational
commitment and be used to improve CSR initiatives developed for different stakeholders such
as employees. The incorporation of global CSR practices to existing manufacturing company
in China poses a problem because of the limitations of government policy (Lin, 2010) and the
cultural differences between China and the western world (Yuan, 2015). Drawing on the needs
5. 5
to address the influence of CSR on stakeholders, this study enriched the study of impact of CSR
on stakeholder management.
Another specific problem to be examined in this study was that there were a few studies related
to non-financial benefits brought about by CSR in Chinese businesses. By investigating how
employees in the manufacturing company perceive CSR initiatives, non-financial benefits were
explored and provided valuable information with regards o better management of human
resources. This study identifies the proper CSR practices, which were well accepted by
employees, and which therefore contribute to better management knowledge for manufacturers
in Hong Kong and China (Mackenzie & Peters, 2014).
The stakeholder theory proposed by (Freeman, Phillips & Sisodia, 2020) and various employee
motivation theories, this study addressed the linking of CSR and employee motivation to help
business leaders in the mining industry in Ghana. Proper drivers were identified and tested to
aid the corporate executives in enhancing the human resources management. The data
collection method relied on the semi-structured, in-depth interview with the senior executives
and selected employees in the chosen manufacturers.
In an attempt to address these challenges, several studies have been carried out in various
industries such as banking (Milian, Spinola, & de Carvalho, 2019), insurance (Baffoe, 2018),
healthcare (Fitzgerald, Omer, & Thompson, 2018), manufacturing (Raihan & Al Karim, 2017),
and telecommunication (Raihan & Al Karim, 2017).However, little literature exists in the
mining sector. Moreover, these researches have been carried out to examine CSR from the
perspective of consumers (Khan, Hassan, Harrison, & Tarbert, 2020) and these have not fully
examined CSR from employees’ perspective (Kucharska & Kowalczyk, 2019). Again, it is of
high importance to state that the relationship between CSR and employee motivation has been
inconclusive; thereby creating confusion among policymakers, business consulting firms, and
6. 6
company executives regarding the relevance of CSR on employees’ psychological well- being
at the workplace. As a consequence, the researcher sought to carry out this study to address this
issue by providing empirical evidence on the impact of CSR on employee motivation at
Newmont Ahafo Mines.
3.0.OBJECTIVES OF THE STUDY
The general objective of the study is to examine the impact of CSR on employee motivation at
Newmont Ahafo Mines.
Specifically, the researcher considered it appropriate to adopt the objectives below:
i. To examine CSR practices at Newmont Ahafo Mines.
ii. To evaluate factors that motivates employees at Newmont Ahafo Mines.
iii. To measure the effect of CSR practices on employee motivation at Newmont Ahafo
Mines.
iv. To evaluate the CSR related challenges that affects employees’ motivation at
Newmont Ahafo Mines
4.0.RESEARCH QUESTIONS
Based on the research objective, the questions below were formulated:
i. What are the CSR initiatives at Newmont Ahafo Mines?
ii. What factors motivates employees at Newmont ahafo mines?
iii. What is the effect of CSR on employee motivation at Newmont Ahafo Mines?
iv. What are the CSR related challenges that affects employees’ motivation at Newmont
Ahafo Mines?
7. 7
5.0.BRIEF LITERATURE
Empirical review
With respect to the relation between CSR and motivation, particularly, the effect of motivation
on the engagement in CSR has been analyzed (Mozes, Josman, & Yaniv, 2011) observed a
positive relation between employees’ involvement in CSR activities and their motivation. Thus,
this study did not focus on the effect of the adoption of CSR initiatives by the firm on employee
motivation but on the effect of the employees’ voluntary engagement in such initiatives on their
motivation. On the basis of Self Determination Theory (Ryan & Deci, 2017) assumed positive
effects of CSR-related relative autonomy, i.e., when employees engage in CSR initiatives due
to interest and not due to external pressure, on motivation and approval of their firms’ CSR
activities. (Wang, Tong, Takeuchi, & George, 2016) applied Self-Determination Theory to
propose a positive link between the satisfaction of particular needs that are central in this theory
(the needs for autonomy, competence and relatedness) and organizational members’ advocating
for CSR initiatives. (Rupp et al., 2018) picked up this argumentation and underpinned it with a
case study. In summary, the previously discussed four articles focus on aspects regarding
employees’ motivation to engage in or promote CSR initiatives. However, literature on a
possible impact of firms’ engagement in CSR on employee motivation is very scarce: (K.
Balakrishnan, Blouin, & Guay, 2019) conclude on the basis of experimental findings a positive
effect of corporate giving on employees’ motivation. Yet, they test whether their participants
were willing to provide monetary resources in the presence of corporate giving. They do not
investigate further the motivational dimensions behind this behavior. They just conclude that it
should be linked to altruism.
8. 8
The previous discussion indicates, that, although scholars have addressed various questions
regarding the link between CSR and motivation, a possible causal impact of CSR initiatives on
employees’ extrinsic and intrinsic motivation is relatively unexplored. Researchers ( such as
Balakrishnan, Sprinkle, & Williamson, 2011; Kim & Scullion, 2013;Hur et al., 2018) indicate
a possible positive impact of CSR on motivation. Yet, they do not provide any evidence with
respect to intrinsic and extrinsic motivation and only apply a methodology which allows to
draw any causal relations, but they do not measure motivation directly (Moser & Martin, 2012).
Consequently, these studies indicate a possible impact of CSR on employee motivation in
general, but do not provide insights that account for both intrinsic and extrinsic motivation. As
research on crowding out effects of incentives targeting extrinsic motivation on intrinsic
motivation demonstrates (Chao, 2017), particular activities, like incentives or other business
factors, can affect both motivation types differently and even contrary. Thus, a differentiated
perspective on CSR’s effect on motivation types is warranted to prevent any detrimental effects.
In this context, particularly the impact of CSR on these motivation types, and not vice versa,
i.e. the impact of motivation on the engagement in CSR activities, is of interest to business
practice, as it can provide insights of whether CSR can operate as a valuable motivator.
Moreover, the previously mentioned research focuses on relations between the promotion of
CSR initiates on the firm level and that firm’s employee motivation. Yet, as research on sense-
making processes in the context of CSR indicates, other levels beside the organizational one
should be incorporated into the analysis to improve the understanding of the relations between
CSR-related activities on the one hand and effects on the individual level on the other hand
(Aguinis & Glavas, 2019). Moreover, the literature review by (Aguinis & Glavas, 2012)
indicates, that research on CSR provides a rich body of research regarding the influence of
stakeholders, like shareholders, media or activists group pressure, on firms’ CSR activities. In
9. 9
turn, Aguinis & Glavas (2019) discuss the effect of extraorganizational factors, particularly
family, external stakeholders and national culture, on employees’ sensemaking processes in
relation to CSR. Thus, literature addresses the impact of various external factors on firm’s CSR
and on its employees’ perceptions of these CSR activities. However, so far literature does not
provide insights into possible effects of supra-organizations’ promotion of CSR on employee
motivation. Particularly, the recent model by Aguinis & Glavas (2019), which is based on a
broad stream of literature, does not discuss any evidence with respect to such effects of supra-
organizational entities.
Theoritical framework
They explain this effect via Self-Determination Theory as follows: “a SDT mechanism suggests
that employees’ CSR perceptions motivate them to seek enjoyment, satisfaction of curiosity,
self-expression, or personal challenge in the work they do, since a socially responsible firm
tends to pursue mutual gains for both society and the company beyond the narrow economic,
technical, and legal interests of the firm” (Hur This in turn “affects employees’ intrinsic
motivation” (Hur et al., 2018). Thus, this study points to a positive impact of CSR on
employees’ intrinsic motivation. However, it is survey-based and thus again no causal effects
can be inferred, which warrants further experimental research.
In contrast, (Kim & Scullion, 2013) explicitly draw on McClelland’s motivation theory
comprising three main human needs (the needs for achievement, affiliation and power) and
investigate the impact of CSR on motivation on the basis of qualitative data, i.e. semi-structured
interviews with CSR/HRM managers, high ranked officials, and academics as well as
participation and observation. Thus, the authors discuss the relation between CSR and
motivation on a more differentiated basis than (Kunz, 2020).Yet, they do not provide evidence
of causal relations between CSR and motivation. Applying a survey, (Hur, Kim, & Kim, 2018)
10. 10
investigate the impact of employees’ perception of CSR on their creativity and observe a
mediating effect of intrinsic motivation between these variables, i.e. they find a positive impact
of employees’ perception of CSR and intrinsic motivation. However, in the context of intrinsic
and extrinsic motivation which—according to Self-Determination Theory are linked to
particular perceptional processes related to need satisfaction, this multilevel perspective is of
particular importance: As firms are embedded in supraorganizational structures, like industry
associations, the promotion of CSR on this level might have an impact on these perceptional
processes independently of CSR initiatives on the firm level, because employees can categorize
themselves not only as a member of an organization but also as a member of such a supra-
organizational entity. The present proposal will addresses the mentioned research gaps: It
focuses on the effects of CSR initiatives on both employees’ extrinsic and intrinsic work
motivation whilst taking into account different organizational levels of CSR engagement and
promotion. In contrast to extant literature, it provides evidence regarding causal relations and
thereby fosters a better understanding of the microfoundation of CSR’s impact on firm
performance. Thereby, it focuses on a particular target group of firms.
6.0.RELEVANCE OF THE STUDY
This research is conducted because of many reasons. The finding of the study provides a
Ghanaian perspective to the concept of CSR with employees as the focus of the study. In
particular, the study will unravel the perception of CSR of employees at Newmont Ahafo
Mines. Moreover, this study aids practice by informing CSR and HR managers on the usage of
CSR strategies as a means of influencing the behaviours and attitudes of their employees
regarding employee motivation and EE. Finally, the study provides additional knowledge on
the impact of CSR on employee motivation in the mining sector for researchers, policymakers,
and business consulting firms interested in enhancing CSR, especially in the mining sector.
11. 11
7.0.SCOPE OF THE STUDY
Geographically, this study is delineated to employees working at Newmont Ahafo Mines.
Variables used in the study are CSR and employee motivation. CSR is used as an independent
variable, comprising four dimensions, namely ethical, legal, economic, and philanthropic
responsibilities. On the other hand, employee motivation are used as the dependent variables.
8.0.BRIEF METHODOLOGY
Research design
This research is based on a cross-sectional survey administered through a self-reported
questionnaire.
Research population
The population for this study is all employees of Newmont Ahafo mines located in kenyase.
We chose Newmont because it its prominence Ghana’s mining sector. It is estimated to have
Newmont directly employed 2,229 people while the presence of the Ahafo mine supported
another 39,000 jobs in the country resulting in a total of 41,000 jobs.
Sampling Technique
I will use the convenience sampling method for the collection of data with the help of a field
survey assistant; questionnaires would be handed over to employees of Newmont Ahafo Mines
at the start and close of work. The questionnaire was accompanied by a cover letter explaining
the purpose of the study and asking for consent of the employee to participate in the study;
employees were not asked their names to ensure anonymity. Through this procedure, I will
collect the data from employees, in line with the definition of employees as described
(Boštjančič & Slana, 2018), those who are not involved in formulating policies and conducting
12. 12
corporate social responsibility activities themselves and thus do not defend their corporate
social responsibility activities. The demographic characteristics of the sampled employees are
given.
Data collection instruments
A structured questionnaire would be designed with five-point Likert scales (1= strongly
disagree to 5= strongly agree) to collect the data. The contents of the questionnaire would cover
CSR initiatives, how CSR impacts employee motivation and the challenges of CSR in
motivating employees.
Data Analysis
The aims were to conduct a detailed analysis of the relationship between corporate social
responsibility and employee motivation. This study generated quantitative data; hence
quantitative technique was used to analyze the data obtained. Descriptive statistic tools such as
the mean, median, mode, and standard deviation are conducted to describe the data. Advanced
statistical software Statistical Package for Social Sciences (SPSS) is engage to aid in the
analysis.
9.0.LIMITATION OF THE STUDY
Since questionnaire would be used to gather data data, the study would primarily be limited by the
lack of willingness by Respondents to some information on their employer. This could created data
collection problems.
Secondly, the study focused on only one mining company would limit the generalisation of the
findings to all other categories of mining firms and other sectors. Thus the study did not include other
sectors
10.0. ORGANISATION OF THE STUDY
13. 13
This research would be organised and presented in five chapters. Chapter one will cover the
background information on the topic under investigation, a statement of the problem, the
purpose of the study, research objectives and research questions envisaged to achieve in the
research. Also, the significance, delimitation, limitation and definition of terms were included.
Chapter Two would be devoted to a literature review. This chapter critically reviewed books,
journals, and expert papers published by authorities on the topic similar to the subject under
study. Opinions expressed by earlier writers were made known at this stage.
Chapter Three will be on the methodology for carrying out the research and the justification for
adopting any procedure. The chapter will cover the type of research, population, sample and
sampling techniques as well as source of data for the study. The procedure for collecting the
data was also covered in addition to the method of data analysis.
Chapter Four, on the other hand, will present the analysis and discussions of the data collected.
This chapter entailed the profile of the sampled firm, the data analysis and presentation of the
analysis based on the research objectives and the discussions of the research findings with
literature.
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