Skip to main content Skip to main navigation menu Skip to site footer
  • Register
  • Login
  • Language
    • English
    • Język Polski
  • Menu
  • Home
  • Current
  • Archives
  • Announcements
  • About
    • About the Journal
    • Submissions
    • For Reviewers
    • Editorial Team
    • Privacy Statement
    • Contact
  • Register
  • Login
  • Language:
  • English
  • Język Polski

Journal of Positive Management

REPORTING CSR DATA – THE BENEFITS AND BARRIERS TO INVOLVEMENT IN THE IDEA OF CORPORATE SOCIAL RESPONSIBILITY
  • Home
  • /
  • REPORTING CSR DATA – THE BENEFITS AND BARRIERS TO INVOLVEMENT IN THE IDEA OF CORPORATE SOCIAL RESPONSIBILITY
  1. Home /
  2. Archives /
  3. Vol. 8 No. 1 (2017) /
  4. Articles

REPORTING CSR DATA – THE BENEFITS AND BARRIERS TO INVOLVEMENT IN THE IDEA OF CORPORATE SOCIAL RESPONSIBILITY

Authors

  • Ewa Chojnacka Nicolaus Copernicus University in Toruń, Faculty of Economic Sciences and Management, Toruń
  • Jolanta Wiśniewska Nicolaus Copernicus University in Toruń, Faculty of Economic Sciences and Management, Toruń

DOI:

https://doi.org/10.12775/JPM.2017.001

Keywords

CSR reports, corporate social responsibility, barriers to CSR reporting, benefits of CSR reporting

Abstract

Purpose: The purpose of this paper is to provide insight into the issue of benefits and barriers related to reporting CSR data as standalone reports. This work attempts to examine whether the benefits resulting from the fact that companies are perceived as socially responsible are more impactful for entities that issue standalone CSR reports, as well as whether a standalone report can be a better tool for communicating with internal and external stakeholders. In addition, the study seeks to find out whether there is any difference in the perception of the barriers related to obtaining and publishing non-financial data between companies that are developing standalone reports and those that present this type of data in a different way.

Methodology: The study employed the subject literature critical review method and a questionnaire survey. The survey was conducted among companies from the RESPECT index portfolio of the Warsaw Stock Exchange as well as among entities listed in various rankings of socially responsible companies.

Findings: The respondents belonging to both groups (issuing and not issuing standalone CSR reports) generally pointed to a similar hierarchy of importance of specific benefits resulting from following CSR policies by the business. However, within the group of entities issuing standalone CSR reports, most of the benefits received a high evaluation. Most of the barriers studied received high indications in the group of companies without standalone reports. The results obtained may indicate that companies that are seen as socially responsible but do not publish a standalone report gain fewer benefits resulting from communication with stakeholders.

Research limitation: The work may be affected by the inherent weaknesses associated with survey research which examines rather opinions and views than 'hard data'.

Originality: The issue of reporting data in a form of standalone reports and the resulting benefits as well as the barriers faced by companies over the course of preparing CSR reporting is very significant, however, it is still insufficiently researched with regard to the emerging markets. The results obtained can be used for comparative studies of the Polish market and other financial markets since the benefits and barriers to reporting non-financial data as standalone reports are also being identified in other countries.

References

Abec, A., Andrejczuk, M. (2014), "Dialog i budowanie dialogu z interesariuszami. Podręcznik dla firm", Forum Odpowiedzialnego Biznesu, Warszawa, available at: http://odpowiedzialnybiznes.pl/wp-content/uploads/2014/10/Publikacja_Dialog-i-budowanie-relacji-z-interesariuszami-podr%C4%99cznik-dla-firm.pdf (accessed 3 January 2016).

Anam, L. (2013), "Angażowanie interesariuszy", in: Ćwik, N. (Ed.), Wspólna odpowiedzialność. Rola raportowania społecznego, Forum Odpowiedzialnego Biznesu, Warszawa, pp. 75-80, available at: http://odpowiedzialnybiznes.pl/public/files/Wspolna%20odpowiedzialnosc_Raportowanie%20spoleczne-PODGLAD.pdf (accessed 6 January 2016).

Bartkowiak, G. (2011), Społeczna odpowiedzialność biznesu w aspekcie teoretycznym i empirycznym, Difin, Warszawa.

Bauer, R., Hann, D. (2010), "Corporate Environmental Management and Credit Risk", working paper, SSRN, available at: http://ssrn.com/abstract=1660470 (accessed 20 May 2014), DOI: 10.2139/ssrn.1660470

Bloom, P. N., Hoeffler, S., Keller, K. L., Meza, C. E. B. (2006), "How social-cause marketing affects consumer", MIT Sloan Management Review, Vol. 47 No. 2, pp. 49-55.

Boulouta, I., Pitelis, C. N. (2014), "Who Needs CSR? The Impact of Corporate Social Responsibility on National Competitivnes", Journal of Business Ethics, Vol. 119 No. 3, pp. 349-364. DOI: 10.1007/s10551-013-1633-2

Branco, M. C., Rodrigues, L. L. (2006), "Corporate Social Responsibility and Resource-Based Perspectives", Journal of Business Ethics, No. 69, pp. 111-132. DOI 10.1007/s10551-006-9071-z

Cheng, B., Ioannou, I., Serafeim, G. (2014), "Corporate Social Responsibility and Access to Finance", Strategic Management Journal, Vol. 35 No. 1 pp. 1-23. DOI: 10.1002/smj.2131

Chojnacka, E., Wiśniewska, J. (2016a), "Bariery w raportowaniu danych CSR", in: Adamek-Hyska, D., Tkocz-Wolny, K. (Eds.), Współczesne problemy i kierunki transformacji rachunkowości i rewizji finansowej. T. 2: Aspekty zarządcze w rachunkowości, Wydawnictwo Uniwersytetu Ekonomicznego w Katowicach, Katowice, pp. 19-27.

Chojnacka, E., Wiśniewska, J. (2016b), "Benefits of corporate social responsibility engagement in companies : the case of Poland", Journal of Management and Business Administration. Central Europe, Vol. 24 No. 4, pp. 25-48.

Chojnacka, E., Wiśniewska, J. (2016c), "Raportowanie danych CSR w Polsce", Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu, No. 436, pp. 55-63.

Chojnacka, E., Wiśniewska, J. (2016d), "Standardy raportowania danych CSR : wyniki badania ankietowego", Studia Ekonomiczne: Zeszyty Naukowe Uniwersytetu Ekonomicznego w Katowicach, No. 284, pp. 66-75.

CSR w Polsce Menedżerowie/menedżerki 500. Lider/liderka CSR - badanie Good-Brand oraz Forum Odpowiedzialnego Biznesu (2010), GoodBrand & Company Polska, Warszawa.

Ćwik, N. (2013), "Proces raportowania – kroki po kroku", in: Ćwik, N. (Ed.), Wspólna odpowiedzialność. Rola raportowania społecznego, Forum Odpowiedzialnego Biznesu, Warszawa, pp. 75-80, available at: http://odpowiedzialnybiznes.pl/public/files/Wspolna%20odpowiedzialnosc_Raportowanie%20spoleczne-PODGLAD.pdf (accessed 6 January 2016).

Dhaliwal, D. S., Li, O. Z., Tsang, A., Yang, Y. G. (2011), "Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting", The Accounting Review, Vol. 86 No. 1, pp. 59-100. DOI: 10.2308/accr.00000005

Eccles, R. G., Ioannou, I., Serafeim, G. (2013), "The impact of a corporate culture of sustainability on corporate behavior and performance", HBS Working Paper, 12-035, available at: http://www.nber.org/papers/w17950.pdf (accessed 20 June 2015).

El Ghoul, S., Guedhami, O., Kwok, Ch. C. Y., Mishra, D. R. (2011), "Does corporate social responsibility affect the cost of capital?", Journal of Banking & Finance, Vol. 35 No. 9, pp. 2388-2406. DOI: 10.1016/j.jbankfin.2011.02.007

Freeman, R. E., Harrison, J. S., Wicks, A. C., Parmar, B., de Colle, S. (2010), Stakeholder Theory. The state of the art, Cambridge University Press, Cambridge.

Garavan, T. N., Heraty, N., Rock, A., Dalton, E. (2010), "Conceptualizing the Behavioral Barriers to CSR and CS in Organizations: A Typology of HRD Interventions", Advances in Developing Human Resources, Vol. 12 No. 5, pp. 587-613. DOI: 10.1177/1523422310394779

Hąbek, P., Wolniak, R. (2015), "Factors Influencing the Development of CSR Reporting Practices: Experts’ versus Preparers’ Points of View", Inzinerine Ekonomika-Engineering Economics, Vol. 26 No. 5, pp. 560-570. DOI: http://dx.doi.org/10.5755/j01.ee.26.5.7690

KPMG (2013), The KPMG Survey of Corporate Responsibility Reporting 2013, available at: http://www.kpmg.com/au/en/issuesandinsights/articlespublications/pages/corporate-responsibility-reporting-survey-2013.aspx (accessed 25 August 2015).

Lev, B., Petrovits, C., Radhakrishnan, S. (2010), "Is doing good good for you? How corporate charitable contributions enhance revenue growth", Strategic Management Journal, Vol. 31 No. 2, pp. 182-200. DOI: 10.1002/smj.810

Lulewicz-Sas, A. (2012), "Społeczna odpowiedzialność przedsiębiorstw w świetle badań", Handel Wewnętrzny, Vol. 1, July-August, pp. 230-240.

Luo, X., Bhattacharya, C. B. (2009), "The debate over doing good: Corporate social responsibility, strategic marketing levers and firm idiosyncratic risk", Journal of Marketing, Vol. 73 No. 6, pp. 198-213. DOI:10.1509/jmkg.73.6.92

Menon, S., Kahn, B. E. (2003), "Corporate sponsorships of philanthropic activities: When do they impact perception of sponsor brand?", Journal of Consumer Psychology, Vol. 13 No. 3, pp. 316-327. DOI:10.1207/S15327663JCP1303_12

Noorkõiv, T., Gröön, T. (2005), "Corporate Social Responsibility: The Concept and its Status Regionally and Nationally in Central and Eastern Europe and Estonia", EBS REVIEW, Winter 2004 / Spring 2005, pp. 59-72.

Oikonomou, I., Brooks, C., Pavelin, S. (2012), "The impact of corporate social performance on financial risk and utility: A longitudinal analysis", Financial Management, Vol. 41 No. 2, pp. 483-515. DOI: 10.1111/j.1755-053X.2012.01190.x

Oil and gas industry guidance on voluntary sustainability reporting. Reporting 2015, IPIECA, p. 12, available at: www.ipieca.org (accessed 23 January 2016).

Overview of Corporate Social Responsibility (2004), Business for Social Responsibility, available at: http://www. bsr.org/BSRServices/CSR.cfm (accessed 7 February 2004).

Raportowanie odpowiedzialnego biznesu (2013), CSRinfo, Warszawa, available at: http://m.csrinfo.org/images/stories/Publikacje_2013/raportowanie_csr_w_polsce_2013.pdf (accessed 24 January 2016).

Rodgers, W., Choy, H. L., Guiral, A. (2013), "Do Investors Value a Firm’s Commitment to Social Activities? ", Journal of Business Ethics, Vol. 114 No. 4, pp. 607-623. DOI:10.1007/s10551-013-1707-1

Rok, B., Stolorz, S., Stanny, D. (2003), "Menedżerowie 500 i odpowiedzialny biznes. Wiedza — postawy — praktyka. Raport Forum Odpowiedzialnego Biznesu opracowany we współpracy z Bankiem Światowym i Akademią Rozwoju", available at: http://odpowiedzialnybiznes.pl/public/files/Menedzerowie500_ARF_FOB_2003.pdf. (accessed 5 July 2015).

Rondinelli, D. A., Berry, M. A. (2000), "Environmental Citizenship in Multinational Corporations: Social Responsibility and Sustainable Development – The Two Approaches of Sustainability Applied on Macro Level", European Management Journal, Vol. 18 No. 1, pp. 70-84.

Różańska, E. (2015), "Integracja standardów raportowania społecznej odpowiedzialności przedsiębiorstw", Studia Oeconomica Posnaniensia, Vol. 3 No. 1, pp. 167-177.

Schaltegger, S., Wagner, M. (2006), "Managing and measuring the business case for sustainability: Capturing the relationship between sustainability performance, business competitivenness and economic performance", in: Schaltegger, S., Wagner, M. (Eds.), Managing the business case for sustainability: The integration of social, environmental and economic performance, Greenleaf, Sheffield, pp. 1-27.

Sharfman, M. P., Fernando, C. S. (2008), "Environmental risk management and the cost of capital", Strategic Management Journal, Vol. 29 No. 6, pp. 569-592. DOI: 10.1002/smj.678

Thorne, L., Mahoney, L. S., Manetti, G. (2014), "Motivations for issuing standalone CSR reports: a survey of Canadian firms", Accounting, Auditing & Accountability Journal, Vol. 27 No. 4, pp. 686-714. DOI: 10.1108/AAAJ-07-2013-1393

Thorpe, J., Prakash-Mani, K., Zollinger, P. (2002), "Developing value: The business case for sustainability in emerging markets", SustainAbility Ltd. London.

Wachowiak, P. (2011), "Społeczna odpowiedzialność biznesu – wyzwania stojące przed polskimi przedsiębiorstwami", E-mentor, Vol. 41 No. 4, SGH, Warszawa, pp. 23-28.

Waddock, S., Graves, S. B. (2006), "The impact of mergers and acquisitions on corporate stakeholder practices", Journal of Corporate Citizenship, Vol. 22, pp. 91-109.

Weber, M. (2008), "The business case for corporate social responsibility: A company-level measurement approach for CSR", European Management Journal, No. 26, pp. 247-261. DOI: 10.1016/j.emj.2008.01.006

What Does Business Think about Corporate Social Responsibility? Part II: A comparison of attitudes and practices in Hungary, Poland and Slovakia, World Bank, available at: http://www.cpf.sk/files/files/VV%20what%20does%20businnes%20think%20about%20CSR.pdf (accessed 11 May 2016).

Wiśniewska, J., Chojnacka, E. (2016), "Weryfikacja danych pozafinansowych przedsiębiorstw odpowiedzialnych społecznie : wyniki badania ankietowego", Studia Ekonomiczne: Zeszyty Naukowe Uniwersytetu Ekonomicznego w Katowicach, No. 284, pp. 97-107.

Wołoszyn, J., Stawicka, E., Ratajczak, M. (2012), Społeczna odpowiedzialność małych i średnich przedsiębiorstw agrobiznesu z obszarów wiejskich, Wydawnictwo SGGW, Warszawa.

Journal of Positive Management

Downloads

  • PDF

Published

2017-09-29

How to Cite

1.
CHOJNACKA, Ewa and WIŚNIEWSKA, Jolanta. REPORTING CSR DATA – THE BENEFITS AND BARRIERS TO INVOLVEMENT IN THE IDEA OF CORPORATE SOCIAL RESPONSIBILITY. Journal of Positive Management. Online. 29 September 2017. Vol. 8, no. 1, pp. 3-16. [Accessed 21 June 2025]. DOI 10.12775/JPM.2017.001.
  • ISO 690
  • ACM
  • ACS
  • APA
  • ABNT
  • Chicago
  • Harvard
  • IEEE
  • MLA
  • Turabian
  • Vancouver
Download Citation
  • Endnote/Zotero/Mendeley (RIS)
  • BibTeX

Issue

Vol. 8 No. 1 (2017)

Section

Articles

License

Copyright

Articles submitted to the journal should not have been published before in their current or substantially similar form, or be under consideration for publication with another journal. Authors submitting articles for publication warrant that the work is not an infringement of any existing copyright and will indemnify the publisher against any breach of such warranty. For ease of dissemination and to ensure proper policing of use, papers and contributions become the legal copyright of the publisher unless otherwise agreed.

Plagiarism and ghostwriting

In response to the issue of plagiarism and ghostwriting the editors of the Journal of Positive Management has introduced the following rules to counteract these phenomena:

1. Contributors should be aware of their responsibility for a content of manuscripts.

2. Collective authors are obliged to reveal the contribution and an affiliation of each author (i.e. who is an author of specified part of a paper).

3. Any act of dishonesty will be denounced, the editors will inform appropriate institutions about the situation and give evidence of all cases of misconduct and unethical behaviour.

4. The editors may ask contributors for financial disclosure (i.e. contribution of specified institutions).

Stats

Number of views and downloads: 1007
Number of citations: 0

Search

Search

Browse

  • Browse Author Index
  • Issue archive

User

User

Current Issue

  • Atom logo
  • RSS2 logo
  • RSS1 logo

Information

  • For Readers
  • For Authors
  • For Librarians

Newsletter

Subscribe Unsubscribe

Language

  • English
  • Język Polski

Tags

Search using one of provided tags:

CSR reports, corporate social responsibility, barriers to CSR reporting, benefits of CSR reporting
Up

Akademicka Platforma Czasopism

Najlepsze czasopisma naukowe i akademickie w jednym miejscu

apcz.umk.pl

Partners

  • Akademia Ignatianum w Krakowie
  • Akademickie Towarzystwo Andragogiczne
  • Fundacja Copernicus na rzecz Rozwoju Badań Naukowych
  • Instytut Historii im. Tadeusza Manteuffla Polskiej Akademii Nauk
  • Instytut Kultur Śródziemnomorskich i Orientalnych PAN
  • Instytut Tomistyczny
  • Karmelitański Instytut Duchowości w Krakowie
  • Ministerstwo Kultury i Dziedzictwa Narodowego
  • Państwowa Akademia Nauk Stosowanych w Krośnie
  • Państwowa Akademia Nauk Stosowanych we Włocławku
  • Państwowa Wyższa Szkoła Zawodowa im. Stanisława Pigonia w Krośnie
  • Polska Fundacja Przemysłu Kosmicznego
  • Polskie Towarzystwo Ekonomiczne
  • Polskie Towarzystwo Ludoznawcze
  • Towarzystwo Miłośników Torunia
  • Towarzystwo Naukowe w Toruniu
  • Uniwersytet im. Adama Mickiewicza w Poznaniu
  • Uniwersytet Komisji Edukacji Narodowej w Krakowie
  • Uniwersytet Mikołaja Kopernika
  • Uniwersytet w Białymstoku
  • Uniwersytet Warszawski
  • Wojewódzka Biblioteka Publiczna - Książnica Kopernikańska
  • Wyższe Seminarium Duchowne w Pelplinie / Wydawnictwo Diecezjalne „Bernardinum" w Pelplinie

© 2021- Nicolaus Copernicus University Accessibility statement Shop