What is CSR identity?

CSR identity means, first of all, “what the firm does for stakeholders”, or in other words the “responsibilities of the firm in relation to its action and duties towards employees, customers, suppliers, media, investors, government and local community” (Otubanjo, 2013).

What is global corporate social responsibility?

They define corporate social responsibility as “continuing commitment by business to contribute to economic development while improving the quality of life of the workforce and their families as well as of the community and society at large (World Business Council, 1998).”

What is the context of CSR?

As discussed earlier, CSR may be defined as a set of voluntarily adopted obligations (Jones, 1980; Jones et al., 2002). Sensemaking of the social context is important here, because leaders must determine, perhaps in negotiation with stakeholders, what these obligations are and towards which stakeholders.

What are the 4 perspectives of corporate social responsibility?

Corporate social responsibility is traditionally broken into four categories: environmental, philanthropic, ethical, and economic responsibility.

Does Strategic Corporate Social Responsibility lead to distinct corporate identity?

The study also offers a few propositions to measure the effect of CSR on corporate branding and marketing to gain sustainable competitive advantage and increased firm-level performance. Strategic CSR affects the corporate identity positively, which is again fundamental to the corporate brand, as some authors stated.

What is CSR disclosure?

CSR disclosure is the information provided by corporations in association to their policies, aspirations, and activities toward community, customers, environment, and employees (Gray et al., 1995).

How do CSR relate to globalization?

Corporate social responsibility (CSR) has been gaining heightened global interest and has become a key term in global economy discourse. The attention attributed to CSR escalated through globalization forces and increased international trade.

How do you show CSR expenditures on a balance sheet?

All expenditure on CSR activities, that qualify to be recognised as expense should be recognised as a separate line item as „CSR expenditure‟ in the Statement of Profit and Loss. Further, the relevant note should disclose the break-up of various heads of expenses included in the line item „CSR expenditure‟ i.e.

Why is CSR disclosure important?

Corporate social responsibility disclosure discloses information on what the firms have done for the sake of the community. It also shows the disclosure of firms’ action on what they have been contribute to the welfare of the society and what they will do in the future for the welfare and interest of the society.