Literature Review On Corporate Social Responsibility
Literature Review On Corporate Social Responsibility
Literature Review On Corporate Social Responsibility
not only a deep understanding of the subject matter but also a broad examination of a vast array of
scholarly materials. The complexity of this task is compounded by the interdisciplinary nature of
CSR, which spans across fields such as business ethics, corporate governance, sustainability, and
social impact. This requires researchers to navigate through an extensive body of literature, including
peer-reviewed articles, books, case studies, and reports from both academic and practical
perspectives.
The challenge begins with the identification and selection of relevant sources. The researcher must
discern which materials are most pertinent to their specific focus within CSR, a task that can be
daunting given the expansive and ever-evolving nature of this field. Moreover, synthesizing these
sources into a coherent review necessitates critical thinking and analytical skills to identify trends,
gaps, and debates within the literature.
Another significant hurdle is the requirement to critically evaluate the methodologies and conclusions
of the sources being reviewed. This is essential for providing a balanced and credible overview of the
existing research. However, it demands a high level of expertise and familiarity with the
methodologies used in the field.
Furthermore, writing a literature review on CSR involves not just summarizing existing research but
also identifying implications for future studies, policy-making, and practice. This requires the
researcher to have a forward-thinking approach and the ability to theorize based on the reviewed
literature.
Given these challenges, it's understandable why many individuals may seek assistance with writing a
literature review on Corporate Social Responsibility. Services like ⇒ StudyHub.vip ⇔ offer
specialized support in tackling such complex assignments. They provide access to professionals who
are adept at navigating the intricacies of CSR literature. These experts can help in sourcing relevant
materials, critically analyzing research, and crafting a comprehensive review that meets academic
standards. Opting for professional assistance ensures that the literature review is not only thorough
but also insightful, making a significant contribution to the field of CSR.
The CSR concept -was initially used by national companies more as a marketing and media coverage
instrument, rather than for its ethical values. From, business point of view, Corporate Social
Responsibility increases the product’s brand value of the organization. Literature review is also
known as narrative review which is considered as a type of review article. CSR Philanthropic Model
assumes that there are some occasions may held for charity work because CSR helps to increase
public relation within the society and increase product branding by the program of CSR towards the
society. As a consequence of competitive markets, several entities must endeavor to reveal a picture
of themselves as highly socially responsible enterprises. This report contains literature review of
Corporate social responsibility. Today many organizations are facing challenge of integration of CSR
in business. In 1970, Milton Friedman was the first scholar who wrote an article regarding the
responsibilities of corporations. Interest of the topic of corporate social responsibility has growing
rapidly. The main purpose of LR is to collect the appropriate knowledge from the existing research
and debates on relevant topics and facts that are examined. It is type of secondary sources which is
based on existing report. The main purpose of the study is to analyze the viewpoint of different
organizations that how they consider this CSR spending. To retain the loyal customer is most
effective by CSR program. Hence, the significance of this paper is not only to increase related
stakeholders' understanding of CSR, resulting in the achievement of long term sustainability, but
also fill in the academic gap of CSR, especially for catering business in Poland. Nowadays, several
literature presents substantial evidence that CSR activities can play a significant role in enhancing a
firm’s value (Mahfuja, 2013). Developing a literature review can be used by various manners such as
students of graduate and post graduate, person who is preparing thesis, dissertation and journal
articles (Krumpal, 2013). After such process, the gained knowledge are examined in the written
format. Findings: Since last year's McDonald's has been seen to adopt a more proactive strategy on
CSR. LR is adopted by various students and PhD holders to prepare thesis, dissertation and articles.
The first C means of the category for Conviction whereas it is about realistic or actual improvement
towards the business implementation and execution. Literature review which is develop by a
researcher are divided into End of preview Want to access all the pages. There are various objective
of conducting Literature review such as conduct survey on selected topic for report, synthesizes all
information in order to produce summery, by it researcher able to present its research in organized
manner. CSR Philanthropic Model considered CSR program as an investment as it will increase
brand or public relations of the business image to the market. A summary represents important
information of the given source and synthesis is reorganising and reshuffling of this information in
form of investigation or research planning ( Crowther and Seifi eds., 2018 ). Literature review
provides a new interpretation of old as well as new information. The agri-food sector has a strong
impact on the economy, the environment and the society of each nation. It also includes the deep
research on corporate social responsibility. We reviewed some survey reports made on CSR before
and after the Indian companies act, 2013. It has been seen form the review of the existing literature
that business needs the cooperation and collaboration of these groups who have some stake in the
organization, organization need to manage them properly. Download Free PDF View PDF Do
Companies Benefit by CSR.
To retain the loyal customer is most effective by CSR program. Previously only few companies use
to do something for the betterment of the society. Findings: Since last year's McDonald's has been
seen to adopt a more proactive strategy on CSR. If they being served in a better way, definitely it
will help the organization to sustain. The first one is skeptic view whereas Corporate Social
Responsibility is defined against the philosophy of freedom and the aspect of democracy, whereas it
is disappointing that the business focuses on its motivation of wealth maximization along with the
responsibility towards social welfare. Developing a literature review can be used by various manners
such as students of graduate and post graduate, person who is preparing thesis, dissertation and
journal articles (Krumpal, 2013). Moreover, this CSR Integrative Model states that there must have a
relationship between profit and social responsibility because profit should be shared within the social
community for the development as well as welfare or largely societal infrastructure development.
The first C means of the category for Conviction whereas it is about realistic or actual improvement
towards the business implementation and execution. Introduction contains the short overview of the
matters which the researcher research from the months or may be from years. Hence, the
significance of this paper is not only to increase related stakeholders' understanding of CSR,
resulting in the achievement of long term sustainability, but also fill in the academic gap of CSR,
especially for catering business in Poland. Along with this topics covered in this report are brief
introduction of literature reviews and its significance. However, a common connotation of corporate
social responsibility (CSR) has not been standardized, although the CSR-related principles and norms
are now being established. To help business in the competitive market because the competition of the
business in this global world is increasing day by day. The second one is a utopian view whereas
Corporate Social Responsibility defined as an obligation of the business organization to society
moved by the business activities along with their business partners or the shareholders or the
investors, and particularly the vulnerable aspect that might be misused by the activity of the
organization. More than Ninety percent of the owners who read this, agreed to it. This paper is also
an attempt to present a conceptual analysis of the CSR spending before and after its legitimation in
India which will help us to determine whether it should be treated as an investment opportunity or a
forced liability. McDonald's has a good reputation in terms of social responsibility. In this study
authors attempts to explain various benefits that corporates reap if they are more involved in socially
responsible activities on the basis of the existence of various previous research. It is type of
secondary sources which is based on existing report. Methodology: For this thesis was decided to
choose McDonald's corporation as a case study, empirical, qualitative research method. The purpose
of this is to develop a contrarian viewpoint in body of literature. It can be finding or based on book
and journals which is published or written by some other person. For companies and prospective
scholars, the findings of this study are important regarding corporate social responsibility and
consumer behaviour. So, it is very important to represent the product or services of the business in a
unique way. It is generally a scholar paper which combines all the essential knowledge related to
appropriate findings, contribution of theoretical and methodological topics. To connect with
customers CSR is most effective It is most important to build relations or connection with the
customer as it is much required for the business to increase the loyal customer. Dr Ramakrishnan
Ramachandran Corporate social responsibility (CSR) is a concept, whereby organizations consider
the interests of society by taking responsibility for the impact of their activities on all those
stakeholders in all aspects of their operations. A summary represents important information of the
given source and synthesis is reorganising and reshuffling of this information in form of investigation
or research planning ( Crowther and Seifi eds., 2018 ). Literature review provides a new
interpretation of old as well as new information. The increment in academic and practitioner interest
in “Corporate Social Responsibility (CSR) has led the development of a set of definitions regarding
the concept and their application” (Jamali and Mirshak 2007).
Many companies have started to engage in CSR as strategy in order to gain benefits that can give
them an added advantage over their competitors. In 1970, Milton Friedman was the first scholar
who wrote an article regarding the responsibilities of corporations. The agri-food sector has a strong
impact on the economy, the environment and the society of each nation. Previously only few
companies use to do something for the betterment of the society. For companies and prospective
scholars, the findings of this study are important regarding corporate social responsibility and
consumer behaviour. It is an in-depth review made by using scholarly publications and articles (
Schrempf-Stirling, Palazzo, and Phillips, 2016. ). A literature review consists of a systematic
examination of prior work of other scholars. Business is a creative entrepreneurial process that
provides livelihoods for the majority of the world’s people. TASK 1 What is a literature r eview and
what does it achieve. The novelty of the study was the distribution of empirical findings in tabulated
form focused on asset returns (ROA), equity returns (ROE), selling returns (ROS), Tobin's Q, and
stock market returns, and it was popular that only empirical findings were tabulated from 1972 to
2001. In today's business world, there are many strategies being used to run business. Such as
findings, theoretical, methodology and many more. The importance of Corporate Social
Responsibility is so large because to increase the sales of the product and to create a positive image in
the competitive market the practice of Corporate Social Responsibility is a must. Through this paper,
we made an attempt to see the nature of CSR adopted by different organizations, whether it is
voluntary or mandatory. However, no such study has been witnessed so far that could explain the
nature of the amount involved in the CSR spending. Introduction contains the short overview of the
matters which the researcher research from the months or may be from years. The corporate social
responsibility (CSR) is the company's strategy, based on the assumption that business is responsible
for the society within which it operates. CSR Philanthropic Model considered CSR program as an
investment as it will increase brand or public relations of the business image to the market. Their
outcomes and results mainly change the way of looking the society. The second one is Philanthropic
Model whereas this model defines that business is always free to contribute for the society and the
welfare for the disadvantaged people of the society. It is contended that the field of business and the
area of society are interconnected whereas society has certain desires from business and
consequently the business has ethical duties and responsibilities towards its society. LR is adopted by
various students and PhD holders to prepare thesis, dissertation and articles. For this thesis was
decided to choose McDonald's corporation as a case study. However, a common connotation of
corporate social responsibility (CSR) has not been standardized, although the CSR-related principles
and norms are now being established. Therefore, CSR Economic Model of CSR defines that business
is socially responsible for profit sharing for the development of society. Along with this by this an
individual collect information as well as data in appropriate manner, without spending more amount
of money and time on it. It can be finding or based on book and journals which is published or
written by some other person. To retain the loyal customer is most effective by CSR program. After
that academicians started to look at the concept of CSR in more details, and made a move from the
general debates discussing about the legitimacy of CSR to other perspectives to get deeper
understanding about the concept of CSR. The fifth C means of the category for credibility whereas
business should be realized that the ability of the business relies upon the credibility of the social
welfare. The evidence presents a case that the corporation is implementing CSR policies as a means
to greater profitability.
So, it is very important to represent the product or services of the business in a unique way. You can
download the paper by clicking the button above. Corporate social responsibility is defined as a
business approach that helps in sustainable development of the company by providing social,
economic and environmental benefits. It has been seen form the review of the existing literature that
business needs the cooperation and collaboration of these groups who have some stake in the
organization, organization need to manage them properly. It is only possible when the public relation
between the business and society is increased and it is done by the practice of CSR program. From,
business point of view, Corporate Social Responsibility increases the product’s brand value of the
organization. The main purpose of the study is to analyze the viewpoint of different organizations
that how they consider this CSR spending. This report is based on literature review on corporate
social responsibilities which can be developed by a researcher. After such process, the gained
knowledge are examined in the written format. The importance of Corporate Social Responsibility is
so large because to increase the sales of the product and to create a positive image in the competitive
market the practice of Corporate Social Responsibility is a must. Interest of the topic of corporate
social responsibility has growing rapidly. It means satisfying your shareholders’ and customers’
demands while also managing the expectation of other stakeholders such as employeessuppliers and
the community at large. The basic purpose to conduct LR is to improve knowledge skills in the filed
that you have interest on. The main objective of a literature review is to evaluate sources and provide
advise to reader on relevant research. The demand for results is related to a poor adoption of CSR in
small companies, especially in the gastronomy business. The third one is realist view whereas it
assembles the best model of the alliance that Corporate Social Responsibility isn’t just about the
practice of wealth maximization, assets valuation, increase of profit, fundraises but it should be the
practice by the organizations to put resources into communities for the welfare of the socially
disadvantaged people to resolve or reduce their social issues. In the year 1946, the Fortune released a
story that said the owners of businesses were answerable to the outcomes of their deeds beyond a
much wider scope than their bottom-line figures. For this thesis was decided to choose McDonald's
corporation as a case study. Many companies have started to engage in CSR as strategy in order to
gain benefits that can give them an added advantage over their competitors. Along with this topics
covered in this report are brief introduction of literature reviews and its significance. Margolis and
Walsh (2001) and Orlitzky et al. (2003) presented round-about ninety-five analytical data on CSR
and financial results over the period 1972 to 2001. The term is not a new concept (Taneja, Taneja and
Gupta, 2011) it was developed since 1950?s. Hence, CSR is a contribution to sustainable
development, implying the way a company balances its economic, environmental and social
objectives while addressing stakeholder expectations and enhancing shareholder value. For empirical
analysis, we have analyzed 100 listed companies’ financial reports to know whether CSR mandate
impact their performance or not. CSR program engages representatives to use the corporate resources
available for the betterment of the society. Dam (2008) has presented analytical data on CSR and
financial results, but there was one difference and one aspect that was normal. The novelty of the
study was the distribution of empirical findings in tabulated form focused on asset returns (ROA),
equity returns (ROE), selling returns (ROS), Tobin's Q, and stock market returns, and it was popular
that only empirical findings were tabulated from 1972 to 2001. So, business has no legal bindings to
contribute for social welfare and they are fee to organize or arrange a charity program for donating
money for the people of society who are disadvantaged in society. Download Free PDF View PDF
CORPORATE SOCIAL RESPONSIBILITY: REVIEW OF LITERATURE Athapaththu Amila
Download Free PDF View PDF See Full PDF Download PDF Loading Preview Sorry, preview is
currently unavailable. Dr Ramakrishnan Ramachandran Corporate social responsibility (CSR) is a
concept, whereby organizations consider the interests of society by taking responsibility for the
impact of their activities on all those stakeholders in all aspects of their operations.
However, no such study has been witnessed so far that could explain the nature of the amount
involved in the CSR spending. Corporate social responsibility is defined as a business approach that
helps in sustainable development of the company by providing social, economic and environmental
benefits. The main objective of the article will be to find out, how McDonald's implements CSR
towards employees, customers, supply partners and the community. CSR Integrative Model
classified the social goal as strategic missions of the business organization and it is the central point
of business to set the social goals. Literature review is generally considered as a secondary source of
collecting data which is not based on original experiments ( Machi and McEvoy, 2016).Researcher
can design or develop literature review by reading as well as analyzing articles given in books and
journals. According to the act, every business organization is a responsible player to build an
equitable society and for that CSR should be a part of the DNA of every organization. In today's
business world, there are many strategies being used to run business. It is type of secondary sources
which is based on existing report. As literature review means to analyse certain facts in deeper ways
to conclude the outcome from that research. It is promoting itself as a notable corporate citizen and
has turned CSR around from a cost of doing business into a profitable enterprise and been
commended for it. CSR is becoming an important issue in the food service business. The third one is
the Integrative Model whereas this model considers that business must attain social goal into the
core practice of business philosophy and business is fully integrated with the goal of economic
benefit and social contribution. After that academicians started to look at the concept of CSR in
more details, and made a move from the general debates discussing about the legitimacy of CSR to
other perspectives to get deeper understanding about the concept of CSR. Download Free PDF View
PDF CORPORATE SOCIAL RESPONSIBILITY: REVIEW OF LITERATURE Athapaththu
Amila Download Free PDF View PDF See Full PDF Download PDF Loading Preview Sorry,
preview is currently unavailable. It is an in-depth review made by using scholarly publications and
articles ( Schrempf-Stirling, Palazzo, and Phillips, 2016. ). A literature review consists of a
systematic examination of prior work of other scholars. Moreover it includes different literature
review which is based on corporate social responsibilities. It is also considered as common research
proposal or prospectus which is given by students for approval before start their dissertation or thesis
work. This paper is also an attempt to present a conceptual analysis of the CSR spending before and
after its legitimation in India which will help us to determine whether it should be treated as an
investment opportunity or a forced liability. The main objective of a literature review is to evaluate
sources and provide advise to reader on relevant research. In that case, the CSR program is a great
evaluation to divert the customer from other products as when people will come to know that this
firm is engaged with a continuous social contribution by the means of CSR program. So, business
has no legal bindings to contribute for social welfare and they are fee to organize or arrange a charity
program for donating money for the people of society who are disadvantaged in society. The key
issues of CSR activities in business and areas to be focused for CSR are discussed. It can be finding
or based on book and journals which is published or written by some other person. Purpose: The aim
of this paper is presentation of the activities of food service companies in the area of social
responsibility on example of international fast food chain-McDonald's. Literature review of authors
helps the students to analyse certain facts and also changes the criteria of dealing crucial matters in
society ( Literature Review, 2019). The purpose of this is to develop a contrarian viewpoint in body
of literature. The novelty of the study was the distribution of empirical findings in tabulated form
focused on asset returns (ROA), equity returns (ROE), selling returns (ROS), Tobin's Q, and stock
market returns, and it was popular that only empirical findings were tabulated from 1972 to 2001.
The corporate social responsibility framework continuously adapts to global market needs. It also
includes the deep research on corporate social responsibility.
Moreover, this CSR Integrative Model states that there must have a relationship between profit and
social responsibility because profit should be shared within the social community for the
development as well as welfare or largely societal infrastructure development. In today's business
world, there are many strategies being used to run business. As literature review means to analyse
certain facts in deeper ways to conclude the outcome from that research. Companies are also
supposed to be open not only to their creditors but to society at large. There are basically three type
of literature review that is evaluative, exploratory and instrumental. The first one is skeptic view
whereas Corporate Social Responsibility is defined against the philosophy of freedom and the aspect
of democracy, whereas it is disappointing that the business focuses on its motivation of wealth
maximization along with the responsibility towards social welfare. In 1970, Milton Friedman was the
first scholar who wrote an article regarding the responsibilities of corporations. It was also defined by
Bowen that, owners are expected to practice those strategies, resolutions and deeds that put them in
an advantageous position and align their goals to all those important purposes which society hol.
Literature review is generally considered as a secondary source of collecting data which is not based
on original experiments ( Machi and McEvoy, 2016).Researcher can design or develop literature
review by reading as well as analyzing articles given in books and journals. The main objective of a
literature review is to evaluate sources and provide advise to reader on relevant research. Bowen
(1953) and Carroll (1999) have also highlighted in their research that the question is, as owners of
businesses what kind of rational accountability do they have to presuppose towards the society at
large. So, it is very important to represent the product or services of the business in a unique way. For
this thesis was decided to choose McDonald's corporation as a case study. The term is not a new
concept (Taneja, Taneja and Gupta, 2011) it was developed since 1950?s. LR is adopted by various
students and PhD holders to prepare thesis, dissertation and articles. Through this paper, we made an
attempt to see the nature of CSR adopted by different organizations, whether it is voluntary or
mandatory. You can download the paper by clicking the button above. The fourth one is Social Web
Model whereas business as the prime citizen of the society are ethically responsible to contribute for
the society as they are the most important part of the society and also the most important member of
the society because they do business for society and earn benefit from the society. As a consequence
of competitive markets, several entities must endeavor to reveal a picture of themselves as highly
socially responsible enterprises. In the year 1946, the Fortune released a story that said the owners of
businesses were answerable to the outcomes of their deeds beyond a much wider scope than their
bottom-line figures. You can download the paper by clicking the button above. CSR Integrative
Model classified the social goal as strategic missions of the business organization and it is the central
point of business to set the social goals. Literature review is also known as narrative review which is
considered as a type of review article. CSR is becoming an important issue in the food service
business. In that case, the CSR program is a great evaluation to divert the customer from other
products as when people will come to know that this firm is engaged with a continuous social
contribution by the means of CSR program. Methodology: For this thesis was decided to choose
McDonald's corporation as a case study, empirical, qualitative research method. McDonald's has set
good examples of social responsibility. Nowadays CSR can drive companies to succeed in business
by increasing sales volume and brand awareness and also added advantage over their competitors.
The main purpose of the study is to analyze the viewpoint of different organizations that how they
consider this CSR spending. However, a common connotation of corporate social responsibility
(CSR) has not been standardized, although the CSR-related principles and norms are now being
established.
It is true that organizations are associated with the social issues to resolve, they may get extra benefit
from the people of the society because it is the form of creating relationships with clients and their
neighborhoods improve the brand’s image (Collier, 2018). A literature review is defined as simple
summary of key sources. CSR was an independent variable in these studies; while financial output
was variable based. The demand for results is related to a poor adoption of CSR in small companies,
especially in the gastronomy business. In a current scenario, organizations have failed to take
responsibility for what they are operating, so it is needed to consider the real cost of their functioning
which brings a focus toward the environmental and social concerns. Such as findings, theoretical,
methodology and many more. There are basically three type of literature review that is evaluative,
exploratory and instrumental. In that case, the CSR program is a great evaluation to divert the
customer from other products as when people will come to know that this firm is engaged with a
continuous social contribution by the means of CSR program. To retain the loyal customer is most
effective by CSR program. First one is Economic Model whereas it is assumed that business is
responsible to meet up the economic functions towards the society under the responsibility of CSR
Program because business are created for the society and business must follow all obligations of
society to operate the business and they are ethically obliged to contribute for society as the business
is established by the society. Moreover, this CSR Integrative Model states that there must have a
relationship between profit and social responsibility because profit should be shared within the social
community for the development as well as welfare or largely societal infrastructure development. For
this thesis was decided to choose McDonald's corporation as a case study. The CSR concept -was
initially used by national companies more as a marketing and media coverage instrument, rather than
for its ethical values. For companies and prospective scholars, the findings of this study are
important regarding corporate social responsibility and consumer behaviour. After such process, the
gained knowledge are examined in the written format. As literature review means to analyse certain
facts in deeper ways to conclude the outcome from that research. The novelty of the study was the
distribution of empirical findings in tabulated form focused on asset returns (ROA), equity returns
(ROE), selling returns (ROS), Tobin's Q, and stock market returns, and it was popular that only
empirical findings were tabulated from 1972 to 2001. You can download the paper by clicking the
button above. The literature review of Corporate Social Responsibility interprets different
hypotheses, theories, models, and research papers. More than Ninety percent of the owners who read
this, agreed to it. McDonald's has a good reputation in terms of social responsibility. However, a
common connotation of corporate social responsibility (CSR) has not been standardized, although
the CSR-related principles and norms are now being established. From, business point of view,
Corporate Social Responsibility increases the product’s brand value of the organization. Interest of
the topic of corporate social responsibility has growing rapidly. It is contended that the field of
business and the area of society are interconnected whereas society has certain desires from business
and consequently the business has ethical duties and responsibilities towards its society. It is type of
secondary sources which is based on existing report. As a consequence of competitive markets,
several entities must endeavor to reveal a picture of themselves as highly socially responsible
enterprises. Bowen (1953) and Carroll (1999) have also highlighted in their research that the question
is, as owners of businesses what kind of rational accountability do they have to presuppose towards
the society at large. Literature review which is develop by a researcher are divided into End of
preview Want to access all the pages. In this scenario, the following paper examines the broad
progress of the ideas behind the concept though its origins and evolution in a country focus
approach, practices implementation and literature available from different auth.