IDEAS home Printed from https://ideas.repec.org/a/nap/nijbmr/2021p88-94.html
   My bibliography  Save this article

A Review of the Concept of Corporate Social Responsibility (CSR): From A National to Global Perspective

Author

Listed:
  • Gabriel, Justin Mgbechi Odinioha, Ph.D

    (Department of Management, Faculty of Management Sciences, Rivers State University, Port Harcourt)

  • Okwakpam, Joy Amina, Ph.D.

    (Human Resource Administrator, Marie‟s Group of Schools, Port Harcourt, Nigeria)

Abstract

This is a review paper that discussed the subject of Corporate Social Responsibility (CSR) drawing from scholarly opinions in extant literature. The paper examined the evolution of CSR. Its meaning, nature and perspectives as well. The paper concluded that though the practice of CSR by firms was initially of a philanthropic nature, it has however, transcended to being aligned with core business objectives. The initial focus of CSR was majorly on voluntary donations and contributions to communities in areas of identified need such as education, healthcare, poverty alleviation and community development. But today, CSR engagements are now increasingly aligned with the primary business objectives and societal imperatives, and explicitly driven by policies embedded in relevant legislation and standards. Therefore, organisations are encouraged to entrench CSR practices is its agenda and operational policies.

Suggested Citation

  • Gabriel, Justin Mgbechi Odinioha, Ph.D & Okwakpam, Joy Amina, Ph.D., 2021. "A Review of the Concept of Corporate Social Responsibility (CSR): From A National to Global Perspective," Noble International Journal of Business and Management Research, Noble Academic Publsiher, vol. 5(6), pages 88-94, December.
    • Handle: RePEc:nap:nijbmr:2021:p:88-94
    as

    Download full text from publisher

    File URL: https://www.napublisher.org/pdf-files/NIJBMR-5(6)-88-94.pdf
    Download Restriction: no
    File URL: https://www.napublisher.org/?ic=journal&journal=8&month=12-2021&issue=6&volume=5
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Anant K. Sundaram & Andrew C. Inkpen, 2004. "The Corporate Objective Revisited," Organization Science, INFORMS, vol. 15(3), pages 350-363, June.
    2. David Detomasi, 2007. "The Multinational Corporation and Global Governance: Modelling Global Public Policy Networks," Journal of Business Ethics, Springer, vol. 71(3), pages 321-334, March.
    3. Justin M. Odinioha Gabriel & Wadike, George, 2013. "Social Responsibility Performance of Educational Institutions of Higher Learning in Nigeria," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 3(3), pages 552-562, March.
    4. Michael C. Jensen, 2010. "Value Maximization, Stakeholder Theory, and the Corporate Objective Function," Journal of Applied Corporate Finance, Morgan Stanley, vol. 22(1), pages 32-42, January.
    5. Logsdon, Jeanne M. & Wood, Donna J., 2002. "Business Citizenship: From Domestic to Global Level of Analysis," Business Ethics Quarterly, Cambridge University Press, vol. 12(2), pages 155-187, April.
    6. Peter Dobers & Minna Halme, 2009. "Corporate social responsibility and developing countries," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 16(5), pages 237-249, September.
    7. Schwartz, Mark S. & Carroll, Archie B., 2003. "Corporate Social Responsibility: A Three-Domain Approach," Business Ethics Quarterly, Cambridge University Press, vol. 13(4), pages 503-530, October.
    8. Guido Palazzo & Andreas Scherer, 2006. "Corporate Legitimacy as Deliberation: A Communicative Framework," Journal of Business Ethics, Springer, vol. 66(1), pages 71-88, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Michał Jurek, 2014. "The genesis and evolution of CSR self-regulation with special refer-ence to the case of financial institutions," Working papers wpaper70, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
    2. Najeb Masoud, 2017. "How to win the battle of ideas in corporate social responsibility: the International Pyramid Model of CSR," International Journal of Corporate Social Responsibility, Springer, vol. 2(1), pages 1-22, December.
    3. Anselm Schneider, 2015. "Reflexivity in Sustainability Accounting and Management: Transcending the Economic Focus of Corporate Sustainability," Journal of Business Ethics, Springer, vol. 127(3), pages 525-536, March.
    4. Pies, Ingo & Beckmann, Markus & Hielscher, Stefan, 2012. "The political role of the business firm: An ordonomic concept of corporate citizenship developed in comparison with the Aristoleian idea of individual citizenship," Discussion Papers 2012-1, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    5. Pamela Queen, 2015. "Enlightened Shareholder Maximization: Is this Strategy Achievable?," Journal of Business Ethics, Springer, vol. 127(3), pages 683-694, March.
    6. Markus Beckmann & Stefan Hielscher & Ingo Pies, 2014. "Commitment Strategies for Sustainability: How Business Firms Can Transform Trade‐Offs Into Win–Win Outcomes," Business Strategy and the Environment, Wiley Blackwell, vol. 23(1), pages 18-37, January.
    7. Bongani Munkuli & Renee Horne, 2018. "Financial Markets Value Reputation for Corporate Social Responsibility (CSR) – A Study of the South African Mining Sector," Africagrowth Agenda, Africagrowth Institute, vol. 15(2), pages 17-22.
    8. Dorothée Baumann-Pauly & Andreas Scherer, 2013. "The Organizational Implementation of Corporate Citizenship: An Assessment Tool and its Application at UN Global Compact Participants," Journal of Business Ethics, Springer, vol. 117(1), pages 1-17, September.
    9. Pies, Ingo & Beckmann, Markus & Hielscher, Stefan, 2009. "Competitive markets, corporate firms, and new governance - An ordonomic conceptualization," Discussion Papers 2009-13, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    10. Anselm Schneider & Andreas Scherer, 2015. "Corporate Governance in a Risk Society," Journal of Business Ethics, Springer, vol. 126(2), pages 309-323, January.
    11. Cynthia Clark & Jill Brown, 2015. "Multinational Corporations and Governance Effectiveness: Toward a More Integrative Board," Journal of Business Ethics, Springer, vol. 132(3), pages 565-577, December.
    12. Ulf Richter, 2010. "Liberal Thought in Reasoning on CSR," Journal of Business Ethics, Springer, vol. 97(4), pages 625-649, December.
    13. Andreas Georg Scherer & Andreas Rasche & Guido Palazzo & André Spicer, 2016. "Managing for Political Corporate Social Responsibility: New Challenges and Directions for PCSR 2.0," Journal of Management Studies, Wiley Blackwell, vol. 53(3), pages 273-298, May.
    14. Karen Maas & Kellie Liket, 2011. "Talk the Walk: Measuring the Impact of Strategic Philanthropy," Journal of Business Ethics, Springer, vol. 100(3), pages 445-464, May.
    15. Nishchapat Nittapaipapon & Thithit Atchattabhan, 2016. "Creating Shared Value: the Fundamental Ontology of Establishing and Movement in Business," International Business Research, Canadian Center of Science and Education, vol. 9(5), pages 112-124, May.
    16. Benjamin Neville & Simon Bell & Gregory Whitwell, 2011. "Stakeholder Salience Revisited: Refining, Redefining, and Refueling an Underdeveloped Conceptual Tool," Journal of Business Ethics, Springer, vol. 102(3), pages 357-378, September.
    17. Shuili Du & C. Bhattacharya & Sankar Sen, 2015. "Corporate Social Responsibility, Multi-faceted Job-Products, and Employee Outcomes," Journal of Business Ethics, Springer, vol. 131(2), pages 319-335, October.
    18. Witold J. Henisz & Sinziana Dorobantu & Lite J. Nartey, 2014. "Spinning gold: The financial returns to stakeholder engagement," Strategic Management Journal, Wiley Blackwell, vol. 35(12), pages 1727-1748, December.
    19. Ingo Pies & Philipp Schreck & Karl Homann, 2021. "Single-objective versus multi-objective theories of the firm: using a constitutional perspective to resolve an old debate," Review of Managerial Science, Springer, vol. 15(3), pages 779-811, April.
    20. Allen Kaufman & Ernie Englander, 2011. "Behavioral Economics, Federalism, and the Triumph of Stakeholder Theory," Journal of Business Ethics, Springer, vol. 102(3), pages 421-438, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nap:nijbmr:2021:p:88-94. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Managing Editor (email available below). General contact details of provider: https://www.napublisher.org/?ic=journal&journal=8&info=aims .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.