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CORPORATE SOCIAL RESPONSIBILITY: FINANCIAL PERFORMANCE AND ORGANIZATIONS INITIATIVE TO ADDRESS THE WELFARE OF SOCIETIES IN GLOBAL COUNTRIES

European Journal of Economic and Financial Research

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Title CORPORATE SOCIAL RESPONSIBILITY: FINANCIAL PERFORMANCE AND ORGANIZATIONS INITIATIVE TO ADDRESS THE WELFARE OF SOCIETIES IN GLOBAL COUNTRIES
 
Creator Mboga, Jet
 
Subject corporate social responsibility, society, financial performance, Kenya, population
 
Description The objectives of corporations conducting business entail making profit and or making a difference. Corporations contribute billions of dollars towards corporate social responsibility (CSR) each year in the name of addressing the welfare of the society. The assumption that if companies are successful and exhibit increasing financial performance they have an obligation to care for the society does exist in some regions. This paper explores the understanding of CSR and examines if the population in Kenya expects corporations to take initiative in addressing the welfare of their society. The results substantiate that CSR initiatives from corporations conducting business in Kenya are unexpected by the local population. The findings confirmed that the population sought for assistance from some organizations that included American National Red Cross, UNICEF, World Vision, and World Hunger.   JEL: M14, L25, P42  Article visualizations:
 
Publisher European Journal of Economic and Financial Research
 
Contributor —
 
Date 2017-03-24
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier https://oapub.org/soc/index.php/EJEFR/article/view/76
 
Source European Journal of Economic and Financial Research; Volume 2, Issue 1, 2017
2501 - 3430
2501 - 9430
 
Language eng
 
Relation https://oapub.org/soc/index.php/EJEFR/article/view/76/218
https://oapub.org/soc/index.php/EJEFR/article/view/76/219
https://oapub.org/soc/index.php/EJEFR/article/view/76/220
 
Rights Copyright (c) 2018 Jet Mboga
http://creativecommons.org/licenses/by/4.0