Social Dimension of ESG: Determinants of Corporate Social Responsibility for the Inclusion of Disadvantaged Populations

CORPORATE SOCIAL RESPONSIBILITY DIMENSIONS AND FINANCIAL PERFORMANCE: THE MODERATING ROLE OF MANAGERIAL COMPETENCE IN SOMALI MANUFACTURING FIRMS

Purpose: this study aimed to examine the effects of the four dimensions of corporate social responsibility economic, legal, ethical, and philanthropic responsibilities on the financial performance of manufacturing firms in Mogadishu, Somalia, while assessing the moderating role of managerial competency. Design/Methodology/Approach: the study used a quantitative approach and cross-sectional explanatory research design. Data were collected through a survey of 200 respondents randomly selected from eight manufacturing firms. Exploratory and confirmatory factor analyses were conducted to validate the constructs, and Hayes’ process macro was applied to test the moderation effects using regression analysis. Findings: the results revealed that ethical, legal, and philanthropic responsibilities had negative effect on financial performance, whereas economic responsibility had a strong positive effect. The results confirmed managerial competence significantly moderate all relationships mitigating the negative impacts of ethical, legal, and philanthropic responsibilities and amplifying the positive effect of economic responsibility on financial performance.

ESG & socio-economic implications in Indian context: strategic pathways 2035

role of corporate social

Doing Social Good in a Sustainable Way: A Conceptual Paper on Social Enterprise Performance

Social entrepreneurship has gained prominence over the past few decades as a means of driving potentially transformative societal improvements. These ventures typically aim to support economically disadvantaged groups who are unable to improve their circumstances without help. However, the endeavours should be financially sustainable, as there is no guarantee that subsidies from taxpayers or charitable donors will continue indefinitely. The importance of financial outcomes as a resource for achieving greater social impact is often underestimated, particularly by social entrepreneurs who prioritize social goals over financial success. Previous research findings were systematically synthesized to provide insights into the specific factors that enhance the performance of social enterprises. This paper especially employs business perspectives to understand the self-sustaining mechanism for social good. The framework suggests that Entrepreneurial Orientation is a predictor that maximizes financial returns (mediating variable) for the social performance of social enterprises. A moderating variable of Social Orientation was adopted to reflect the relationship between the predictor and the level of financial performance. This offers new insights into the strategic management of social enterprises.

Identifying the Socioeconomic Factors of Women's Empowerment Using Digital Platforms: Exploratory Study in Erbil Governorate

Women's employment plays a significant role in the economic and social development of society. However, in many conservative societies, particularly ours, obstacles hinder women's participation, such as the difficulty of securing employment in governmental and even private institutions. Therefore, recently, women have increasingly turned to digital platforms to facilitate their work. This research aims to identify the most important factors that contribute to women's socioeconomic empowerment through the use of digital platforms and to assess the extent to which this contributes to improving the socioeconomic situation of women in Erbil Governorate in 2024. The data was collected from a sample of 155 women. In this study, descriptive and analytical methods were adopted, such as frequency statistics for qualitative (categorical) variables, cross-sectional tabulation, and qualitative econometric analysis using categorical principal component analysis (CATPCA). The results showed that the studied variables can be organized into three latent dimensions that explain the total variance in the data: the first dimension includes economic/digital variables (income, expenditure, skills); the second dimension includes demographic/educational variables (age, education, time online); and the third dimension includes social/spatial variables (housing, education, expenditure). The results also revealed that economic factors are the most influential in empowering women, followed by digital factors, which expand their economic and social opportunities. Among the most important findings, we note that digital skills and internet spending are the strongest determinants; without them, it is difficult to achieve income or new opportunities. Education and age have an indirect effect, as young and educated people are more likely to acquire new skills and transform them into economic opportunities.

Corporate Social Responsibility and its Role in Promoting Sustainable Development: A Field Study on a Sample of Employees at the General Company for Chemical Industries

This research aims to provide a fundamental study of corporate social responsibility (CSR) in social development, specifically in achieving shared development goals. The research covers several topics, including defining the essential elements and key dimensions of this concept. It also highlights the core concept of CSR, focusing on assessing its accuracy from a general ethical perspective. Ultimately, it arrives at a comprehensive understanding of the relationship between social responsibilities. The analytical approach was used in analyzing and interpreting the statistical research results. The deductive approach was also used in drawing conclusions based on statistical indicators. The sample was chosen randomly, and the sample size was 100 employees of the General Company for Chemical Products in Iraq, Babylon, Musayyib. A questionnaire consisting of 18 questions was prepared, and the researcher used the SPSS program to analyze the questionnaire data and used some statistical indicators, including descriptive statistics, the arithmetic mean, and the standard deviation. The study, using correlation and regression analysis, demonstrated a correlation and influence of the independent variable, Corporate Social Responsibility (CSR), on the dependent variable, Sustainable Development (SDD). The study concluded that CSR and SDD are important choices for companies and are essential for long-term success and progress. This is achieved by integrating CSR into their operations. Companies can have a positive impact on society in general and the environment in particular, enhance their brand image, and improve their financial performance. By embracing corporate social responsibility and sustainable development, companies can thrive in a rapidly changing world where social and environmental considerations are paramount.