The Empirical Study on relationship among Ethical Institution, Corporate Social Performance and Corporate Performance

The role of ethical system building in corporate competitiveness promoting is an important issue of corporate social responsibility research. This paper discussed the intermediary function of corporate social responsibility behavior between ethical system and corporate performance, through theoretical analysis and empirical test. The object of our research was enterprise senior managers in China. We recovered 167 valid questionnaires. The result indicates that ethical system does not have positive effect on corporate performance directly, but CSR behavior both obvious positively associates with ethical system and corporate performance. The CSR behavior is a mediating variable between ethical system and corporate performance. This research is an important part of CSR research, it strengths the importance of ethical system building

Ethical and compliance-competence evaluation: a key element of sound corporate governance

Motivated by the ongoing post-Enron refocusing on corporate governance and the shift by the Financial Services Authority (FSA) in the UK to promoting compliance- competence within the financial services sector, this paper demonstrates how template analysis can be used as a tool for evaluating compliance-competence. Focusing on the ethical dimension of compliance-competence, we illustrate how this can be subjectively appraised. We propose that this evaluation technique could be utilised as a starting point in informing senior management of corporate governance issues and be used to monitor and demonstrate key compliance and ethical aspects of an institution to external stakeholders and regulators

Corporate Governance as a Tool for Curbing Bank Distress in Nigeria Deposit Money Bank: Empirical Evidence

The study objective is aimed at finding the relationship between corporate governance bank distress in deposit money banks. The research design adopted in this paper is the case study method, in other to have an intensive insight of the subject matter. Primary data was used specifically the survey technique.The method that was used in the presentation of data in this study is the Statistical Package for Social Sciences(SPSS) which contains all the necessary and important statistical technique for data analysis. For testing the hypothesis, correlation analysis which measures the degree of relationship between variables was used to analyze the result generated from the questionnaire. The evidence shows that corporate governance has no significant improvement on the prevention of bank distress but has significantly improved the performance of the Nigerian banking sector. We therefore recommend that banks should demonstrate strong internal policies to identify and manage conflict of interest and zero tolerance posture against cases of unsound corporate governance practices

Treading the lines between self-interest, cultural relativism and universal principles: ethics in the global marketplace

Purpose: This paper introduces this special issue of Management Decision by exploring the themes of the issue and the contribution of each of the articles in the collection. Approach: The paper reviews notions of ethics, justice and responsibility. It then uses the framework developed through this review as the basis for an appreciation of the articles that constitute the issue. Value: This article provides an introduction to, and suggests an overarching framework for, this special issue on questions we ask about ethics in a global marketplace. It is also an important reminder to managers and employees who constitute the entities to which “responsibility” is generally attached, that responsibility, ultimately, is irreducible beyond the individual, who cannot simply “follow orders”

The Relationship between Corporate Social Responsibility and Corporate Financial Performance – Evidence from Empirical Studies

The aim of this article is to examine correlations between CSR and financial corporate performance, based on empirical studies conducted by other authors in different countries. In total, the analysis comprises 53 studies and the results obtained for 16,119 companies

Institutional entrepreneurs as translators : a comparative study in an emerging activity.

This paper analyzes the reasons why some institutional entrepreneurship strategies failed to translate an institution while other succeeded, by paying a specific attention to the interaction between material and discursive dimensions in the translation process. A theoretical framework integrating both dimensions of translation is first proposed in order to study strategies of competing entrepreneurs. Then a comparative study of three entrepreneurs translating practices of corporate social evaluation in the French context is used to investigate the processes through which competing translators achieved their objective more or less successfully.neo-institutionalisme; translation; corporate social responsibility;

Does corporate social responsibility pay?

This literature review summarises the main strands of the debate around whether corporate social responsibility (CSR) has any impact on corporate financial performance (CFP). This subject area has been the source of academic and business debate for more than 40 years, especially since the level of CSR engagement of an organisation (whether profit-making or not) has been linked to benefits to its reputation and relationships with employees, suppliers, customers, government and its wider community

Putting our money where their mouth is: alignment of charitable aims with charity investments - tensions in policy and practice

Given the values-driven nature of the mission of most charities, it might be expected that investment behaviour would be similarly values-driven. This paper documents the ethical investment policies and practices of the largest UK charities and explores how these are aligned with the charitable aims, drawing upon accountability, behavioural and managerial perspectives as theoretical lenses. The study employs two distinct research methods: responses to a postal questionnaire and follow-up semi-structured interviews with selected charities. The evidence indicates that a significant minority of large charities do not have a written ethical investment policy. Charities with larger investments, fundraising charities and religious charities were more likely to have a written ethical policy. We suggest that there is a pressing need for improved alignment between charities' aims and their investment practices and better monitoring of investment policies

Corporate Social Responsibility and Financial Performance. Theoretical and Empirical Aspects

The aim of this paper is to examine the impact of Corporate Social Responsibility (CSR) rules on the financial performance of companies. In a theoretical part the author analyses selected economic theories that might justify a positive relationship between CSR and profitability, as well as explains the mechanism by which CSR might positively enhance economic performance from the stakeholders’ perspective. In an empirical part the author discusses selected econometric studies on the link between CSR and economic performance of companies, both from developed and developing countries. The article also contains the results of the author’s own research on the relationship between CSR and economic performance of the largest Polish companies on the Warsaw Stock Exchange. The scope of the author’s own research is the period 1Q 2010 -IIIQ 2012. The research shows that participation in the Respect Index (indicator of CSR in the author’s model) is not statistically significant in determining the financial performance of Polish firms.firmy oraz wyjaśnia korzyści ekonomiczne, jakie może osiągnąć przedsiębiorstwo dzięki społecznej odpowiedzialności wobec wybranych interesariuszy. W części empirycznej autor dokonuje przeglądu wybranych wyników badań ekonometrycznych poświęconych zależności między CSR a kondycją ekonomiczną przedsiębiorstw pochodzących, zarówno z krajów rozwiniętych, jak i rozwijających się. Prezentuje również wyniki własnego badania, w którym analizie poddano wpływ uczestnictwa w indeksie spółek odpowiedzialnych (RESPECT INDEX) na wynik finansowych największych polskich przedsiębiorstw notowanych na warszawskiej Giełdzie Papierów Wartościowych. Zakres czasowy badania, to okres I kwartał 20010-III kwartał 2012. Wyniki badania wskazują, że uczestnictwo w indeksie nie jest statystycznie istotną zmienną, determinującą wynik finansowych analizowanych przedsiębiorstw.Celem artykułu jest zbadanie wpływu, jaki na wynik finansowy przedsiębiorstw może mieć stosowanie zasad społecznej odpowiedzialności biznesu. W części teoretycznej autor analizuje wybrane teorie ekonomiczne, uzasadniające występowanie zależności między społeczną odpowiedzialnością biznesu (CSR) a wynikiem finansowy