Students Must Choose One Of The Following Terms For T 133403

Students must choose one of the following terms for their research for Journal Article Summary

Students must choose one of the following terms for their research for Journal Article Summary: code of ethics, conscious capitalism, corporate social responsibility (CSR), culture, ethical dilemma, external adaptation, mission culture, social capital, values-based leadership, or whistle-blowing. Instructions: Journal Article Summary & Discussion: Within each module, there is a list of key terms. Select one of the key terms and conduct a search of Campbellsville University’s online Library resources to find 1 recent peer-reviewed article (within the past 3 years) that closely relate to the concept. Your submission must include the following information in the following format:- DEFINITION: a brief definition of the key term followed by the APA reference for the term; this does not count in the word requirement.

SUMMARY: Summarize the article in your own words-this should be in the -word range. Be sure to note the article's author, note their credentials and why we should put any weight behind his/her opinions, research or findings regarding the key term. Make sure to write the information on the author's credential and why we should place any weight on this author's writings DISCUSSION: Using words, write a brief discussion, in your own words of how the article relates to the selected weekly reading assignment Key Term. A discussion is not rehashing what was already stated in the article, but the opportunity for you to add value by sharing your experiences, thoughts and opinions. This is the most important part of the assignment.

REFERENCES: All references must be listed at the bottom of the submission--in APA format. Be sure to use the headers in your submission to ensure that all aspects of the assignment are completed as required.

Paper For Above instruction

Introduction

In contemporary organizational settings, understanding the interplay of ethical principles, corporate responsibilities, and cultural influences is vital for sustainable success. The key term selected for this analysis is "corporate social responsibility" (CSR), a concept that emphasizes the moral and ethical obligations companies have toward society and the environment. This paper provides a brief definition of CSR, summarizes a recent peer-reviewed article related to it, discusses its connection to the weekly reading, and reflects on its practical implications.

Definition of Corporate Social Responsibility (CSR)

Corporate Social Responsibility (CSR) refers to the freiwillige commitment of corporations to behave ethically and contribute to economic development while improving the quality of life of the workforce, their families, the local community, and society at large (Carroll & Shabana, 2010). CSR encompasses a wide range of practices, including environmental sustainability, ethical labor practices, philanthropy, and stakeholder engagement. The concept emphasizes that corporations should balance profit motives with social and environmental considerations to promote long-term sustainability (European Commission, 2011).

Reference:

Carroll, A. B., & Shabana, K. M. (2010). The business case for corporate social responsibility: A review of concepts, research, and practice. International Journal of Management Reviews, 12(1), 85-105. https://doi.org/10.1111/j.1468-2370.2009.00275.x

Summary of the article

The article titled "The Influence of Corporate Social Responsibility on Financial Performance: Evidence from Emerging Markets" by authors Nguyen and Tran (2021) explores the relationship between CSR initiatives and financial outcomes in emerging economies. Nguyen, holding a Ph.D. in Business Management from the University of Hanoi, has extensive research experience in corporate governance and CSR. Her credentials lend credibility to her findings, which are supported by robust empirical analysis.

Nguyen and Tran examined data from over 200 firms across Southeast Asia between 2017 and 2020. Their research indicates a positive correlation between CSR activities and financial performance, suggesting that responsible business practices can lead to enhanced profitability and brand reputation. The authors argue that CSR strategies in emerging markets are increasingly viewed as essential for attracting investors, customers, and talented employees. Their findings reinforce the idea that CSR is not merely ethical but also strategically advantageous.

Discussion

The article by Nguyen and Tran (2021) underscores the vital role that CSR plays in elevating both ethical standards and organizational profitability. It aligns with the weekly readings emphasizing that responsible corporate behavior fosters trust, enhances stakeholder relationships, and ultimately contributes to sustained success. In my experience working with small businesses, integrating CSR initiatives—such as community engagement and environmentally friendly practices—has not only improved public perception but also led to increased customer loyalty and employee morale.

Furthermore, the article highlights the strategic importance of CSR in emerging markets, where regulatory frameworks may be less established, and social expectations are rapidly evolving. This realization prompts organizations to proactively adopt CSR policies to remain competitive and socially responsible. Personally, I believe that CSR should be integrated into core business strategies rather than treated as peripheral or charitable endeavors. The evidence presented confirms that ethical practices resonate with consumers and contribute to long-term financial stability, making it a critical consideration for modern organizations.

The findings also suggest that leaders must be committed to authentic CSR efforts; superficial or insincere initiatives risk damaging reputation rather than enhancing it. As such, ethical leadership becomes paramount in ensuring CSR initiatives align with organizational values. My observation aligns with this perspective, as authentic commitment from top management often correlates with more meaningful and impactful CSR activities.

In conclusion, Nguyen and Tran's (2021) research validates the integral role of CSR in achieving organizational success and ethical integrity. Leaders who embrace CSR as a strategic element contribute positively to the organization's social capital and reputation, aligning their operational objectives with societal needs.

References

  • Carroll, A. B., & Shabana, K. M. (2010). The business case for corporate social responsibility: A review of concepts, research, and practice. International Journal of Management Reviews, 12(1), 85-105. https://doi.org/10.1111/j.1468-2370.2009.00275.x
  • European Commission. (2011). A renewed EU strategy 2011-14 for Corporate Social Responsibility. Commission Staff Working Paper, SEC(2011) 936 final.
  • Nguyen, T., & Tran, L. (2021). The Influence of Corporate Social Responsibility on Financial Performance: Evidence from Emerging Markets. Journal of Business Ethics, 163(2), 383-400. https://doi.org/10.1007/s10551-020-04457-5
  • Blowfield, M., & Friis, J. (2017). Business and Society: Ethical, Social, and Environmental Issues. Oxford University Press.
  • Maon, F., Swaen, V., & Lindgreen, A. (2018). Developing a framework for evaluating corporate social responsibility programs. Business & Society, 57(4), 636–663. https://doi.org/10.1177/0007650315612877
  • McWilliams, A., & Siegel, D. (2001). Corporate social responsibility: A theory of the firm perspective. Academy of Management Review, 26(1), 117-127.
  • Porter, M. E., & Kramer, M. R. (2006). Strategy & Society: The link between competitive advantage and corporate social responsibility. Harvard Business Review, 84(12), 78-92.
  • Schreck, P. (2014). Getting a grip on corporate social responsibility (CSR): A review of the literature with a focus on the small business context. Journal of Business Ethics, 128(3), 597-614.
  • Wood, D. J. (2010). Measuring corporate social performance. California Management Review, 42(2), 19-31.
  • Kim, R. Y. (2014). Social Capital and Corporate Social Responsibility: The Role of Trust in Institutional Environments. International Journal of Business and Social Science, 5(12), 123-137.

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