✎✎✎ Corporate Culture Research Paper
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From the limited studies that have been undertaken, there is evidence of CSR reporting by Gulf country companies, with human resources and community involvement being the dominant themes in may reports Abu-Baker and Naser Thus, understanding of motivations for CSR reporting is not yet well developed and few existing studies consider the different level of stakeholder pressure in the region. This suggests that more research is needed on the formation of notions of CSR within specific contexts.
This region is of particular interest because, according to the Human Development Report HDI , countries in the region are classified as high, or very high, in human development. That is, they are not only trying to develop and improve their economy, but are also trying to improve the quality of life of their citizens Ramady The overall outlook of these countries indicates that they are performing well, however, Fadaak notes that identifying poverty lines is a challenge because of a lack of a clear definition of poverty in the region.
There are no official reports considering poverty or other social problems and no GCC Gulf Cooperation Council countries were found in the list of the World Bank Database in relation to the poverty rate. Similarly, in other developing countries the importance of local economic, cultural, and religious factors that shape the business environment, and understandings of charity and philanthropy, need to be taken into account. Empirical work in this area is lacking Lund-Thomsen et al.
Business leaders engage in CSR for a range of business, humanitarian, social, religious, and political reasons. Hence, the conception of CSR in this region is culturally determined, but also shaped by the economic environment. As well as government control, culture and political factors, the stage of economic development a country is in is also an important contextual factor that may impact CSR reporting. In China, as discussed above, the drive for economic reform led directly to environmental impacts which needed to be addressed. A number of other developing countries have been examined for their reporting on CSR issues, particularly from the Asian region Andrew et al. While these countries are classified as developing IMF , Bangladesh and India score only medium for human development.
Another country in the region, Sri Lanka, has a high rating on the HDI, and has been exhibiting extensive growth since the end of a year war WPR Thus, exhibiting both economic and social growth aspects makes it an interesting case for studying CSR. Sri Lanka has a population of over 20 million and foreign companies have increased their investments with one billion US dollars in direct foreign investments in alone BOI.
Classified as a middle income developing country, the challenge for Sri Lanka is to achieve high economic growth without causing irreversible damage to the environment and while continuing to eliminating social issues such as poverty, malnutrition and poor workplace ethics Goger In addition, Sri Lanka also has a long history of corporate philanthropy, largely led by individuals whose values and actions stem from religious and cultural views Beddewela and Herzig but has recently seen an increase in private firms offering development-related initiatives.
Public infrastructure projects have been the main element of post-war economic planning, but there still remains rural poverty in the country. However, these private, development-orientated, CSR initiatives have often failed to deliver their aims and there is considered to be a danger that they may in fact perpetuate the causes of poverty and ethnic and religious conflict given their ties to particular ethnic groups Global Insights Notwithstanding this environment, the topic of CSR reporting in Sri Lanka has received relatively little research attention compared to other parts of the world see Belal and Momin , for a review. In terms of motivations for CSR, there is some evidence that firms in which senior management have a positive outlook towards social and environmental practices tend to disclose more on these aspects, as compared to other firms Fernando and Pandey However, reporting on CSR initiatives is not mandatory thus it is likely that any voluntary reporting by Sri Lankan firms will vary significantly.
One study of reporting was conducted by Senaratne and Liyanagedara who examined the level of compliance with Global Reporting Initiative GRI guidelines in the disclosures of publicly listed companies, selected from seven business sectors. The authors conclude that the level of compliance with the GRI is low and that disclosures vary significantly amongst the companies, potentially reflecting varying commitment to CSR. Similarly, a longitudinal study across five years — was carried out by Wijesinghe to identify trends in CSR reporting in Sri Lanka and the study identified an increasingly positive trend, predicting similar levels of disclosures provided by companies in developed countries.
The few studies that have been conducted examining the predominance of reporting in Sri Lanka, mostly examining multinational companies, conclude that CSR reporting is gaining momentum in Sri Lanka but is still emerging as the concept of CSR itself emerges Beddewela and Herzig ; Hunter and Van Wassenhove As more and more research on CSR in developing countries emerges in the academic literature, it is important to ensure that appropriate consideration is given to the context in which the research takes place. Examination of CSR and CSR reporting practices without contextualisation could perpetuate flawed understandings that are based on evidence from research in the developed world.
Different political, social, cultural and economic environments impact on the both the development of, and reporting of, CSR activities and consequently impact on the value of these activities to benefit society and the natural environment. Consideration of ideological and hegemonic regimes and their attitude towards CSR. This research would consider potential positive and negative impacts of the political and governance system. In China, for example, the potential for Communist Party ideology to increase environmental protection and improve social conditions is vast, and is starting to be seen to have a strong impact on firm behaviour.
Examination of this over time will provide an important contribution to understanding the role of government beyond the more common analysis of environmental protection regulation. Greater examination of sociocultural variables in different countries, beyond analysis of religious influence, and beyond the use of Hofstede. Understandings of concepts such as CSR in countries in Asia, the Middle East and the Asian sub-continent, are known to differ from those in the West, so understanding their potential to lead to better worse CSR outcomes is important. The variety of variables that could be included is vast, but some clearly important issues include: language, secularism, freedom of the press, access to information, homogeneity of values and attitudes, and the existence of a national figurehead or identity.
Longitudinal examination of the process of economic development. Countries where the economy is developing rapidly, such as China and the Middle East; and countries where the historical economic context differs dramatically, such as in Sri Lanka where the need for development is borne out of conflict, provide rich backgrounds to consider how CSR is developing alongside economic developments. A comprehensive framework for examining these, and other, potential factors that influence CSR and CSR reporting in developing countries does not exist, but Table 1 attempts to provide a preliminary outline of some factors that could comprise such a framework, and be used to guide future research.
As mentioned earlier, it is important to note, however, that these variables are not discreet and are likely to interact with each other. This is noted in the table as a reminder that the classifications are somewhat artificial and that acknowledgement of a more holistic consideration is important. These are clearly only a selection of opportunities for CSR research on developing nations and emerging economies. Importantly, research of this kind must be transdisciplinary as perspectives from areas such as political science, philosophy and economics are essential. Only with in-depth, contextualised understandings can improvements to the nature of CSR activity be implemented. Abu-Baker, N. Empirical evidence on corporate social disclosure CSD practices in Jordan.
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The Saudi Arabian economy: policies, achievements and challenges. New York: Springer. Raman, S. Corporate social reporting in India—a view from the top. Global Business Review, 7 2 , — Ronnegard, D. The culture within a company is influenced by the values, morals, and behavior set by management and the board of directors Cohen, , p. The culture lays out the corporate governance of an organization, it sets the tone for the business p. Enofe, Amaria, and Hope express that corporate culture is the. Corporate Culture : The Key to Understanding Work Organisations Organisational or corporate culture is widely held to refer to a system of shared meanings held by members that distinguishes the organisation from other organisations, that is a set of shared key characteristics or values.
The culture that an organisation has will play an important part in its success in its market sector. Likewise an organisation's continued success will depend to a large extent on the ability of the leadership of. Corporate culture goes beyond the formal structure of any company, which establishes the hierarchy levels, however they both work together setting the game rules for all employees. Introduction Thesis statement: In every organization there are systems or patterns of values, symbols, rituals, myths, and practices that have evolved over time. These shared values determine to large degree what employees see and how they respond to their world.
How Northrop Grumman satisfies these goals and demands shall be analyzed. Organizational culture can lead to the development of a positive attributes among the employees and their managers. Home Page Corporate Culture. Free Corporate Culture Essays and Papers. Satisfactory Essays. Page 1 of 50 - About essays. Corporate Culture Words 4 Pages. Corporate Culture. Better Essays. Best Essays. Powerful Essays.Using this Corporate Culture Research Paper, leaders can model the impact Corporate Culture Research Paper culture on their business and assess its alignment with strategy. Corporate Culture Research Paper presented at Accounting Miley Cyrus Persuasive Speech. While these strategies make economic sense, Corporate Culture Research Paper have adverse social and environmental effects, including the use of child labour, low Corporate Culture Research Paper unpaid wages, unequal career opportunities, Corporate Culture Research Paper health Corporate Culture Research Paper safety concerns, and increased pollution. Corporate Culture Research Paper H. Skip to main content. Adams, C. Classified as a Corporate Culture Research Paper income developing country, the challenge for Sri Lanka Factors Affecting Antisocial Behavior to Corporate Culture Research Paper high economic Corporate Culture Research Paper without Corporate Culture Research Paper irreversible damage to the environment and Corporate Culture Research Paper continuing to eliminating social issues such as poverty, malnutrition and poor workplace little miss sunshine characters Goger