CSR PRACTICE: SOUTH AFRICAN LISTED COMPANIES

Humayun Kabir
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Humayun Kabir: Tshwane University of Technology, South Africa

in ABEM Conference Proceedings from Academy of Business and Emerging Markets (ABEM), Canada, currently edited by Satyendra Singh

Abstract: , The study assesses four CSR dimensions (i.e., economic, legal, ethical and discretionary responsibilities) in order to establish firms’ involvement in various social responsibilities placed on them by stakeholders. A survey instrument was employed to collect data from all South African listed companies (i.e., JSE listed companies). A five-point Likert scale was used to measure every single item of CSR. Findings reveal that JSE listed companies strongly perform CSR practices to address stakeholder demands. It indicates that they are engaged in various social activities in order to satisfy the stakeholder demands for CSR to maintain and improve the corporate reputation. This positive sign of CSR practice may have been attributed to the fact that King Report, JSE Listing and SRI Index Requirements encourage companies to comply with CSR issues. The findings of this study will add important empirical evidence to the literature on CSR practice in an African context.

Keywords: CSR; SOUTH AFRICAN; LISTED COMPANIES (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ris:abemcp:023364

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