The Effect of Corporate Social Responsibility on Organizational Effectiveness

  • S. Suman Rajest Professor, Bharath Institute of Higher Education and Research, Chennai, Tamil Nadu, India
  • R. Regin Assistant Professor, Department of Computer Science and Engineering, SRM Institute of Science and Technology, Ramapuram, India
  • Shynu T Master of Engineering, Department of Biomedical Engineering, Agni College of Technology, Chennai, Tamil Nadu, India
  • Steffi. R Assistant Professor, Department of Electronics and Communication, Vins Christian College of Engineering, Tamil Nadu, India
Keywords: CSR, performance, Social Responsibility, Developing Countries

Abstract

CSR has been debated in business literature for decades. This document explains CSR's meaning, purpose, and evolution over time. Scholars' contributions have played a role in the evolution of this concept, which was based on the idea that organisations not only have a responsibility to their stakeholders (shareholders, employees, customers, and the community), but also to the government and other official policymakers to impact society. It explains CSR's drivers, pillars, scope, and initiatives. This paper discusses CSR's inception, global requirement, and importance. Economic, social, and environmental levels will be explored. CSR's internal and external elements will be highlighted and explored: the workplace, marketplace, community, and environment. Philanthropy, cause promotion, cause-related marketing, corporate social marketing, community volunteering, and socially responsible business practise are explained. We'll address the needs and benefits of CSR to firms, people, and the earth in industrialised and developing countries. We'll discuss the topic's research purpose, literature review, and methods. The theoretical research describes CSR as a concept, while the experimental component analyses how CSR is accepted in a developing country, the business sector's reaction, and how they perceive CSR as a social change agent. The thesis adds to the literature by concentrating on how CSR is utilised by financial businesses and large organisations. The readiness of large, medium, and small businesses to implement CSR is also investigated. What's good for the community is also excellent for business, the publication finds.

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116. Suman Rajest S, P. Suresh, “Confrontation on Modernism or Postmodernism Changes after the World War” in New Academia: An International Journal of English Language, Literature and Literary Theory, Volume: VII, Special Issue I, January 2018, Page No.: 50-76.
117. Suman Rajest S, P. Suresh, “The Post-War Novel as Catch-22: The Chronology and Ex-P.F.C Winter Green” in International Journal of Research Culture Society, Volume: II, Special Issue II, February 2018, Page No.: 64-68.
118. S. Suman Rajest; Anbarasi, “The Postwar Novel as Postmodern: Billy Pilgrim’s Imagination and the Critical Tendency towards Teleology, Slaughterhouse – Five”, International Journal of Advance Research, Ideas and Innovations in Technology, Volume 3, Issue 4, pp.37-41 (2017).
119. Suman Rajest S, P. Suresh, “Necessary Heads Which are Used for Writing a Scholarly Journal” in New Man International Journal of Multidisciplinary Studies, Volume: V, Issue III, March 2018, Page No.: 5-21.
120. Suman Rajest S, P. Suresh, “Impact of 21st century’s different heads of learning skills for students and teachers” in International Journal of Multidisciplinary Research and Development, Volume: V, Issue IV, April 2018, Page No.: 170-178.
121. Suman Rajest S, P. Suresh, “21st Century Learners’ Student-Centered Learning Various Stages” in International Conference, Age and Content in Journey of Language by VISTAS (Tamil Department), Volume: I, Issue I, April 2018, Page No.: 474-492. (International Conference Paper)
122. Suman Rajest S, P. Suresh, “American Postmodern Novelist Thomas Pynchon’s The Crying of Lot 49: Structure and Absurd Realism” in Proceedings of the IOSRD, 73rd International Conference on Future Trends in Engineering and Business, Volume: 73, May 2018, Page No.: 32-41.
123. Suman Rajest S, P. Suresh, “The “Four Cs” Education For 21st Century’s Learners” in Research Guru Online Journal of Multidisciplinary Subjects, Volume: XII, Issue I, June 2018, Page No.: 888-900.
124. Jerusha Angelene Christabel G, Suman Rajest S, “A Short Review on Fragmented Narration in Select Works of Sarnath Banerjee”, American Journal of Social and Humanitarian Research, Vol. 3 No. 4, pp. 12-31, (2022).
125. Rajest, D. S. S., & G, J. A. C. (2022). A Brief on Past and Present a Tug of War in the Select Works of Kurt Vonnegut. Central Asian Journal of Literature, Philosophy And Culture, 3(4), 59-79.
126. G, J. A. C., & Rajest, D. S. (2022). Fragmented Narration in Corridor’s Thematic, Language and Imagery. Central Asian Journal Of Arts And Design, 3(4), 15-37.
127. Rajest, D. S. S., G, J. A. C., & Galiya, D. S. (2022). Modern Spinsters in the Family and Kinship in the 21st Century. Central Asian Journal of Social Sciences and History, 3(8), 37-55.
128. Regin, D. R., Rajest, D. S. S., T, S., G, J. A. C., & R, S. (2022). An Automated Conversation System Using Natural Language Processing (NLP) Chatbot in Python. Central Asian Journal Of Medical And Natural Sciences, 3(4), 314-336.
129. T, S., Rajest, S. S., Regin, R., Christabel G, J. A., & R, S. (2022). Automation And Control Of Industrial Operations Using Android Mobile Devices Based On The Internet Of Things. Central Asian Journal Of Mathematical Theory And Computer Sciences, 3(9), 1-33.
130. R. Steffi, G. Jerusha Angelene Christabel, T. Shynu, S. Suman Rajest, R. Regin (2022), “ A Method for the Administration of the Work Performed by Employees”, Journal of Advanced Research in Dynamical and Control Systems, Vol.14, no.1, pp. 7-23.
131. Regin, R., Rajest , S. S., T , S., G, J. A. C., & R , S. (2022). An Organization’s Strategy that is Backed by the Values and Visions of its Employees’ Families. Central Asian Journal of Innovations on Tourism Management and Finance, 3(9), 81-96.
132. Regin, R., Rajest, S. S., T, S., Christabel G, J. A. and R, S. (2022) “The Influence that the Advertising of Pharmaceuticals has on the Economy”, Central Asian Journal Of Social Sciences And History, 3(10), pp. 1-18.
133. G, J. A. C. ., Rajest, S. S. ., & Regin, R. . (2022). A Short Review on Cooperation between the Internal and External Audit Teams. Journal of Marketing and Emerging Economics, 2(10), 33–48.
134. Regin, R., Rajest, S. S., T, S., G, J. A. C., & R, S. (2022). Pharmaceutical Supply Chain Challenges and Inventory Management. Central Asian Journal of Innovations on Tourism Management and Finance, 3(10), 143-159.
135. R, S., Regin, R., Rajest, S. S., T, S. and G, J. A. C. (2022) “Rail Project’s Needed Project Management Approaches, Strategies, Methodologies, and Processes”, International Journal on Economics, Finance and Sustainable Development, 4(10), pp. 109-126.
136. Christabel G, J. A., Rajest, S. S., & Regin, R. (2022). The Effect of Corporate Social Responsibility on Organizational Effectiveness. Central Asian Journal of Literature, Philosophy and Culture, 3(11), 1-19.
137. Regin, R., Rajest, S. S., T, S., & R, S. (2022). Impact of Internet Banking on the Efficiency of Traditional Banks. Central Asian Journal of Innovations on Tourism Management and Finance, 3(11), 85-102.
138. Suman Rajest S, P. Suresh, “The Problematizing of History Concentrated on The Poetics of Historiographic Metafiction by Postmodernism and How It Influences Postmodern Fiction” in International Journal of Pure and Applied Mathematics (IJPAM), Volume: 119, Special Issue 16, July 2018, Page No.: 2457-2469.
139. Suman Rajest S, P. Suresh, “Themes and Techniques from Modernism to Postmodernism: The Dubious Continuance of Gravity’s Rainbow” in International Journal of Pure and Applied Mathematics, Volume: 119, Special Issue 16, July 2018, Page No.: 2373-2384.
140. Suman Rajest S, P. Suresh, “Absurd Realism and Structure in Thomas Pynchon’s The Crying of Lot 49” in Journal of Advanced Research in Dynamical and Control Systems, Volume: 10, Special Issue 11, August 2018, Page No.: 571-580.
141. Suman Rajest S, P. Suresh, “The Deducible Teachings Of Historiographic Metafiction Of Modern Theories Of Both Fiction And History” in Eurasian Journal of Analytical Chemistry, Volume: 13, Special Issue 04, July 2018, Page No.: 110-117.
142. Suman Rajest S, P. Suresh, “The Dialog on Postmodernism Intertextuality, Parody, The Talk of History and The Issue of Reference” in International Journal of Recent Technology and Engineering, Volume-7, Issue-5C, February 2019, Page No.: 244-7.
143. Suman Rajest S, P. Suresh, “An Analysis of Psychological Aspects in Student-Centered Learning Activities and Different Methods” in Journal of International Pharmaceutical Research, Volume: 46, Special Issue 01, March 2019, Page No.: 165-172.
144. B Shah, K Nayak, (2016), A Study on Marketing Mix in Digital Environment International, Journal of Marketing and Technology, 6 (7), pp. 29 – 41
145. Bajpai P, Shukla H, Bahadur S, Nayak K, Choudhary V, Padma S (2022), Analysing The Satisfaction Of Healthcare Employees With The HR Practices, Business, Management and Economics Engineering, 20(2), pp. 945-95
146. Bhatt V, Jadhav D, Nayak D.K, “Does Experience of Distributor has Moderating Effect on The Mediating Factors Affecting the Performance of Mutual Fund Distributors? Turkish Journal of Computer and Mathematics Education, Vol.12, No.12(2021), pp.4016-4031.
147. Chawarkar S, Nayak K M, (2022), Analysis of Randomness in the Pharmaceutical Sector of Indian Stock Market: Pre- and During Covid-19 Period, Orissa Journal of Commerce,43(3), pp.160-175
148. Dakhwani J, Nayak K, (2017), Financial Distress Analysis of Selected Indian Pharmaceutical Companies, International Journal of Exclusive Management Research, 7(10), pp.1-7
149. Kumar R, Nayak K M, Singh A, Venaik A (2022), Factors That Drive E-Commerce Growth In India, Journal of the Oriental Institute M.S. University of Baroda,71(02), pp. 23-31
150. Nayak K (2015), Performance Evaluation of Index Mutual Fund Schemes in India, Journal International Journal of Management and Social Science Research Review, 2, pp. 344-351
151. Nayak K M, (2015), A Study on measuring Consumer Confusion Using Structural Equation Modelling, International Journal of Management and Social Science Research Review, 1, pp.1-14
152. Nayak K M, Sharma K, (2019), “Measuring Innovative Banking User’s Satisfaction Scale”, Test Engineering and Management Journal, Volume 81, issue 2019, pp. 4466 – 4477.
153. Nayak K, (2012), A Study on Investor’s Perceptions towards Corporate Reporting Practices in India, Journal Advances in Management,5(7), pp.62-65
154. Nayak K, (2020), A Study on Measuring Virtual Banking Consumer Awareness in South Gujarat Region, Sambodhi, 43(4), pp.49-52
155. Nayak K, Bhatt V, Nagvadia J, (2021), Measuring Impact of Factors Influencing to Consumer Buying Intention with Respect to Online Shopping, International Journal of Management (IJM) 12(1), pp.230-242.
156. Nayak K, Patel K, (2018), A Study on Testing Weak Form of Efficiency Hypothesis for National Stock Exchange -Nifty – Fifty Index, International Journal of Research Culture Society,7, pp.48-51
157. Nayak K, Shah B, (2017), A Study On Developing Valid E-Service Quality Scale For Online Shopping, International Journal of Advanced Research,5(5), pp.920-927
158. Nayak K, Shah B, (2017), A Study to Determine Factors for Service Quality in Online Shopping, International Journal of Exclusive Management Research,7(5), pp.1-15
159. Nayak K, Yadav P, (2014), A Study on Customer Satisfaction of HDFC Bank with Special Reference to Automated Teller Machine in Vapi Region, CKPM Business Review, 2(3), pp.12-20
160. Nayak K.M., Patel B, Patel, V B. “A Study on Passengers’ Satisfaction Level for the Western Indian Railways Services in Surat City,” Test Engineering and Management Journal, Volume 83, issue 2020, pp. 548-553.
161. Nayak, D.K.M. and Yadav, P.P. (2015), “A gap analysis between employers’ perception and experience of graduates in pharmaceutical industry”, International Journal of Scientific Research, Vol. 4 No. 10, pp. 312-316.
162. Nayak, K. (2008), A Study of RWH of selected scrips, ASBM Journal of Management, 1, pp.118 127
163. Nayak, K. M. (2007), “Measuring Global Competitiveness through Index”, Conference Proceedings of Conference on Global Competition & Competitiveness of Indian Corporate, 19 May, 2007, pp. 101–113.
164. Nayak, K., Shah, B. (2015). The effectiveness of newspaper print ads. Indian Journal of Applied Research, 5(2), 328–331.
165. Nayak, K.M. (2012). A study of random walk hypothesis of selected scripts listed on NSE, A Journal of Economics and Management, 2(4): 508-517.
166. Nayak, K.M. (2013), “A study of investment choice of individual investors in valsad district”, International Journal of Research in Management and Social Sciences, Vol. 1 No. 1, pp. 15-20.
167. Nayak, K.M. Singh p, Dave P (2021), “Does Data Security and Trust Affect the Users Of Fintech?”, International Journal of Management (IJM), Volume 12, Issue 1, January 2021, pp.191-206.
168. Nayak, Keyur M. (2008). Growth of Financial Derivatives in India and its Impact on Underlying Stock Market. SMART Journal of Business Management Studies. 4(1), pp.10-16
169. Nayak, M. K. (2010). “Investigating the nature of investor’s grievances and assessing the role of the grievance redressed Agencies”, Journal of Law and Conflict Resolution, Vol.2 (4), 60-65.
170. P Nigam, Nayak K, Vyas P, E- Commerce Challenges: A Case Study of Flipkart. com Versus Amazon. In, Indian Journal Of Applied Research, 5(2), pp.332-33
171. Patel H, Patel V B, Patel B, Nayak K, (2021), Blessings of COVID-19 Lockdown on Virtual Learning: A Higher Education Faculty Perspective, Turkish Journal of Computer and Mathematics Education, 12(10), pp.5705-5715.
172. Raythatha P, Nayak K (2015), A Case Study on e- Business of Online Travel Agent cleartrip.com, Global Journal for Research Analysis, 4(3), pp.1-2
173. Tandon P, Mishra S, Nayak K, (2020), A Study of The Impact Of Psychological Empowerment On Organizational Commitment In The Service Sector. PalArch’s Journal of Archaeology of Egypt / Egyptology, 17(7), pp. 9416-9431
174. Yadav P, Nayak K, (2017), A Study on Measuring Awareness and Satisfaction Level of Innovative Banking Users in the South Gujarat Region,
175. T. A. Al-maaitah, T. Majah, M. Alsoud, and D. A. Al-maaitah, “The Impact of COVID 19 on the Electronic Commerce Users Behavior,” J. Contemp. Issues Bus. Gov., vol. 27, no. 1, pp. 784–793, 2021.
Published
2022-11-29
How to Cite
Rajest, S. S., Regin, R., T, S., & R , S. (2022). The Effect of Corporate Social Responsibility on Organizational Effectiveness. Central Asian Journal of Innovations on Tourism Management and Finance, 3(11), 125-144. https://doi.org/10.17605/cajitmf.v3i11.370

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