¶ … Corporate social responsibility is a set of business practices, which involve initiatives that benefit society. A firm's corporate social responsibility (CSR), may include a comprehensive array of tactics such as charity donations, implementation of 'greener', environmentally friendly business operations, and community participation. CSR is a way for companies to give back to society that can benefit not just the public, but also the brand and image of the company. Furthermore, it may even help a company's competitive advantage along with improving employee satisfaction. This literature review will highlight a theoretical framework involved in CSR and why CSR can be beneficial to a company's organizational performance.
The influence of corporate social responsibility on organizational performance
Companies engage in CSR for a variety of reasons. From branding strategies to higher levels of public engagement, companies will perform CSR-related activities to meet their needs. A 2012 study attempting to understand company participation in CSR practices, discovered CSR practices may originate from companies that engage in greater transformational leadership. "A large-scale field survey of managers reveals that firms with greater transformational leadership are more likely to engage in institutional CSR practices, whereas transactional leadership is not associated...
Transformational Leadership Which CEO or Company Most Represents Authentic Leadership and Why As case studies have shown, authentic leadership is predicated on the ability to create, sustain and strengthen trust and commitment to shared objectives over time. The essential attributes and characteristics of effective authentic leaders can be found in their ability to lead, not necessarily just manage or direct activities. A truly authentic leader will have the ability to bridge cultural,
Transformational Leadership in the Promotion of Ethical Climate and Practices Some researchers have argued that transformational leadership is effective in promoting ethical climate and practices in order to influence individuals' ethical behaviors in workgroups. Ethical behavior is differentially defined from one culture to another and from one organization to another and it is this difference that the transformational leader is able to convey to the organizational employees through effective means and
Consequently, better communications, continuous training became part and puzzle of doing business in a new way (Ashley, 1997). In conclusion, leadership is not only important to companies that operate on a global scale but to domestic firms as well. It's clear that when a leader takes his or her rightful position as a leader change, performance and results manifest. Their values and beliefs become the guiding principles where ideas, imaginations
This view posits the use of power as the primary functioning aspect of leadership. This style of leadership involves aspects such as gaining trust, respect and confidence from employees and the setting of high standards of conduct, as well as motivating people to achieve their full potential. In the transactional model the following aspects predominate in this leadership style. Idealized Influence - Gaining trust, respect and confidence; setting high standards of
Transformational Leadership LEADERSHIP HISTORY AND MODELS A lot of research has gone into the subject of leadership skills as seen from a number of several different perspectives. As a matter of fact, from the early years of 1900 onwards, analyses on the types of leadership and their models have been going on, and initially the point of concentration was on the leader, and his followers. Researchers of the time, however, came to
Leadership Guide Transformational Leadership and Emotionally Intelligent Leader Organizations are established with on-going concern to earn profits, generate economic activity and satisfy the needs of the people. Few people join hands to establish an organization and mange the resources which may belong to all of them and they pool them together to achieve their desired goals. The goals differ from organization to organization and it is also possible that the goals of
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