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Article
Publication date: 28 September 2012

Monika Kansal and Sukhdev Singh

This paper aims to: design a comprehensive, review‐based and statistically tested corporate social responsibility disclosure (CSRD) index; measure item‐wise and theme‐wise the…

1916

Abstract

Purpose

This paper aims to: design a comprehensive, review‐based and statistically tested corporate social responsibility disclosure (CSRD) index; measure item‐wise and theme‐wise the social performance of the top 82 companies in India; and investigate item‐wise and theme‐wise the variations in CSRD.

Design/methodology/approach

The paper presents an empirical study of CSRD in 2009‐2010, using content analysis, Cronbach's α, the Kolmogorov‐Smirnov and Shapiro‐Wilk tests of normality and a six point scale (0‐5), mean, skewness, kurtosis, and Levene's, Kruskal‐Wallis's and Mood's median tests for analysis and interpretation.

Findings

CSRD shows less satisfactory social performance, mainly narrative, and varies significantly among items and themes. Community development, with a mean score of 14.30, is the most disclosed theme, followed by HR, with a score of 11.20. The human element is the center of social performance in India. More than equal focus should be given to the environment and to emissions, which impact the greater interests of the world. Some burning global issues like water usage, alternative sources of energy, product safety and innovation have not received adequate attention.

Research limitations/implications

The study offers ample scope for the further studies as each and every theme and item considered in the model/index requires individual focus to serve the future generations of mankind. Longitudinal/transnational studies in the area of CSR could be carried out to set the scene for further studies.

Practical implications

The paper recommends mandatory CSR norms leading to improved disclosure, the sharing of innovative knowledge, cost reductions and enhanced effectiveness in managing scarce resources.

Originality/value

The paper evaluates social performance in the economic, social, religious environment and highlights the emerging philanthropic attitude. The paper improves an existing model by incorporating an emerging dimension, i.e. “Emissions of carbon and other harmful gases”. The CSEEE index designed here is highly appropriate for developing economies like India. The paper measures CSRD using six‐point scales for the first time.

Details

Social Responsibility Journal, vol. 8 no. 4
Type: Research Article
ISSN: 1747-1117

Keywords

Article
Publication date: 5 June 2017

Shaike Marom

The purpose of this paper is to explore the issue of social responsibility of crowdfunding industry, an industry that is expanding rapidly as an alternative source of finance and…

1529

Abstract

Purpose

The purpose of this paper is to explore the issue of social responsibility of crowdfunding industry, an industry that is expanding rapidly as an alternative source of finance and new business model, while failing to sufficiently advance and adhere to good social responsibility practices. The paper develops a stakeholder-based rating system of corporate social responsibility (CSR) among crowdfunding platforms that could assist in making this industry more trustworthy and robust.

Design/methodology/approach

The approach is based on exploratory research methodology, using interviews as data collection tool, to develop an initial understanding of the dimension and issues that define a construct for measuring the social responsibility of crowdfunding businesses.

Findings

The paper offers a preliminary construct for measuring the social responsibility of crowdfunding businesses, which identifies the stakeholders’ dimensions to be measured, assigned a relative weight for those stakeholders within an aggregated CSR measure and identified the social responsibility issues to be gauged.

Originality/value

This research adds to the understanding of the under studied subject of social responsibility of crowdfunding industry by developing a stakeholder-based rating system of CSR among crowdfunding businesses that could assist in making this industry more trustworthy and robust, thereby laying out an agenda for further research on the topic.

Details

Social Responsibility Journal, vol. 13 no. 2
Type: Research Article
ISSN: 1747-1117

Keywords

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