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1 – 2 of 2Monika 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…
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.
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Keywords
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…
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.
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