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Corporate social responsibility: evidence from Nepalese financial service and manufacturing sectors

Economic Journal of Development Issues

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Title Corporate social responsibility: evidence from Nepalese financial service and manufacturing sectors
 
Creator Chapagain, Bal Ram; Faculty Member of Management at Patan Multiple Campus, Faculty Member of White House GSM and a freelance Management & Training Consultant
 
Subject Financial services
Corporate social responsibility; strategic view; Moral view; CSR performance; Financial service sector; Manufacturing sector; Nepal
 
Description This study, first, aims to trace the evolutionary path of definitions and perspectives on corporate social responsibility (CSR) particularly during the last fifty years or soand then examine the Nepalese financial service and manufacturing sector managers’ strategic and moral views on CSR. Besides, it also seeks to measure the CSR performanceof companies and examine the relationship between management views on CSR and actual CSR performance. The study finds that the trend on CSR thinking has movedfrom philanthropy to better stakeholder relations and competitive/strategic advantage of organizations and even nations. In Nepalese context, however, the moral view onCSR is stronger than strategic view on CSR. Likewise, the actual CSR efforts are not as greener as the views are. Responsibility towards government seems to be highest and the responsibility towards society is the lowest in both the sectors. Analysis also reveals that overall CSR performance of companies is much more correlated to the moral view on CSR than to the strategic view on CSR. In this context, the government, pressure groups and other stakeholders are also required to further encourage socially responsible corporate behaviour for more equitable and just society.Key words: Corporate social responsibility;strategic view; Moral view; CSR performance; Financial service sector; Manufacturing sector; NepalEconomic Journal of Development IssuesVol. 11 & 12 No. 1-2 (2010) Combined IssuePage:9-20Uploaded date: 10 April, 2012
 
Publisher Department of Economics Patan Multiple Campus
 
Contributor
 
Date 2012-04-10
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-Reviewed Article

 
Format application/pdf
 
Identifier http://www.nepjol.info/index.php/EJDI/article/view/6103
10.3126/ejdi.v11i0.6103
 
Source Economic Journal of Development Issues; Vol 11 & 12 (2010 & 2011); 9-20
2091-2285
2091-055X
 
Language eng
 
Relation http://www.nepjol.info/index.php/EJDI/article/view/6103/5009
 
Coverage Nepal