The Benefits from CSR for a Company and Society
KeywordsCSR, corporate social responsibility, benefits of CSR, criticism of CSR, company and society
Corporate social responsibility undeniably provides multiple benefits for the company. The social and environmental actions that businesses engage in are bound to bring advantages also to society. Nevertheless, the concepts has also some weaknesses. Engaging in social responsibility issues should be a deliberate decision and companies should consider its pros and cons. The aim of this paper is to discuss the advantages of CSR, but also to point out a few defects of the concept. The narrative review of literature is applied in order to achieve the aforementioned aim.
Arnold, M.F. (2010), “Competitive Advantage from CSR Programmes”, in: Louche, C., Idowu, S.O., Filho, W.L. (Eds.), Innovative CSR: From Risk Management to Value Creation, Greenleaf Publishing Limited, Sheffield.
Balcerowicz, L. (2015), “Corporate Social Responsibility: Some Clarifications and Questions”, in: Fryzel, B. (Ed.). The True Value of CSR: Corporate Identity and Stakeholder Perceptions, Palgrave Macmillan, New York, pp. 15 – 28.
Banjerjee, S.B. (2007), Corporate Social Responsibility: The Good, the Bad and the Ugly, Edward Elgar Publishing Limited, Cheltenham.
Carroll, A.B., Buchholtz, A.K. (2008), Business and Society: Ethics, Sustainability, and Stakeholder Management, 9th edition, Cengage Learning, Stamford.
Diviney, E., Lillywhite, S. (2007), Ethical Threads: Corporate Social Responsibility in the Australian Garment Industry, Brotherhood of St Laurence, Melbourne. Retrieved from http://library.bsl.org.au/jspui/handle/1/1727 (accessed 22 July 2015).
Gołaszewska-Kaczan, U. (2009), Zaangażowanie społeczne przedsiębiorstwa, Wydawnictwo Uniwersytetu w Białymstoku, Białystok.
Gupta, M. (2012), “Corporate Social Responsibility in the Global Apparel Industry: An Exploration of Indian Manufacturers’ Perceptions”, working paper, University of North Carolina, Greensboro.
Johnson, H.L. (1958), “Can the Businessman Apply Christianity?” Harvard Business Review, Vol. 36, No. 4, pp. 68 – 76.
Kurucz, E.C., Colbert, B.A., Wheeler D . (2008), “The Business Case for Corporate Social Responsibility”, in: Crane, A., McWilliams, A., Matten, D ., Moon, J., Siegel, D.S. (Eds.), The Oxford Handbook of Corporate Social Responsibility, Oxford University Press Inc., New York, pp. 83 – 112
Moon, J. (2014), Corporate Social Responsibility: A Very Short Introduction, Oxford University Press Inc., New York.
Mullerat, R. (2010), International Corporate Social Responsibility: The Role of Corporations in the Economic Order of the 21st Century, Kluwer Law International, Alphen aan den Rijn.
Perry, P., Towers, N. (2013), “Conceptual Framework Development for CSR Iplementation in Fashion Supply Chains”, International Journal of Physical Distribution & Logistics Management, Vol. 43, No. 5/6, pp. 478 – 500.
Porter, M.E., Kramer, M.R. (2006), “Strategy and Society: The Link Between Competitive Advantage and Corporate Social Responsibility”, Harvard Business Review, December, pp. 78 – 93.
Sino-German Corporate Social Responsibility Project (2012), Costs and Benefits of Corporate Social Responsibility (CSR): A company level analysis of three sectors: Mining industry, chemical industry and light industry. Retrieved from http://www.chinacsrproject.org/Uploads/%7bEA74A6EC-FCD4 – 4699-B0ED-FE83A70F854D%7d_Costs%20and%20Benefits%20of%20CSR_20120615.pdf (accessed 30 July 2015).
Visser, W., Tolhurst, N. (Eds.) (2010), The World Guide to CSR: A Country-by-Country Analysis of Corporate Sustainability and Responsibility, Greenleaf Publishing Limited, Sheffield.
Zu, L. (2009), Corporate Social Responsibility, Corporate Restructuring and Firm’s Performance: Empirical Evidence from Chinese Enterprises, Springer, Berlin.
How to Cite
Number of views and downloads: 819
Number of citations: 0