Corporate strategic objective, corporate social responsibility practices and employees' affective commitment: a managerial perspective

Mai Ngoc Khuong, Khoa Truong An Nguyen and Thi Phuong Ngan To

International Journal of Business Governance and Ethics, 2023, vol. 17, issue 6, 705-725

Abstract: Currently, although the implementation of corporate social responsibility (CSR) practices and its incorporation into business strategies is emphasised widely in developed countries as a key to sustainable growth and economic profitability, this term is still new to the Vietnamese market because of the low awareness of the importance of CSR practices, which leads to the failure of many firms. Since Vietnamese firms do not prioritise CSR implementation, Vietnam is experiencing an increasing shortage of skilled employees owing to a lack of motivation. Therefore, this study examines the relationship between the corporate strategic objective (CSO), CSR practices and employee commitment, to provide recommendations to enhance motivation. This study used a quantitative approach and data from a questionnaire delivered to 869 enterprises in 2019 in Vietnam. Results suggest that the CSO had direct and indirect effects on employee commitment through the mediation of CSR practices.

Keywords: corporate strategic objective; CSO; corporate social responsibilities; CSR; affective commitment; managerial perspective; developing context. (search for similar items in EconPapers)
Date: 2023
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