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Corporate social responsibility and supply chain: A study for evaluating corporate hypocrisy with special focus on stakeholders
International Journal of Finance and Economics Pub Date : 2021-02-10 , DOI: 10.1002/ijfe.2483
Mohit Tiwari 1 , Tripti Tiwari 2 , Samuel Sam Santhose 3 , Lokanath Mishra 4 , Rejeesh MR 5 , Vinu Sundararaj 5
Affiliation  

Supply chains are intended to become the essential part of this global competitive world as organizations are seeking to formulate strategized advantages. To put it differently, most of the companies are aiming to adopt new businesses and raise the competition in the global market. For this, most of the companies or organizations are choosing strategies such as corporate social responsibility and supply chain management that allow the companies to ensure financial strengthening. Moreover, stakeholders and customers have raised their concerns towards corporate social responsibility with respect to global supply chain and ensured to act in a socially responsible way. It is believed that majority of the organizations are placing high importance on implementing corporate social responsibility or CSR activities in order to enhance the whole business. The active participation of companies in CSR activities will always benefit them in terms of profit, virtues and other moral standards. Usually, corporate firms exhibit their virtues ignoring the moral standard, which eventually reveals the nature of hypocrisy. Corporate hypocrisy is a context when companies or organizations assure the public to do something in corporate social responsibility context and end up doing entirely different. Keeping this in mind, the current study aims to reveal the hidden nature of corporate hypocrisy and its effect on inner stakeholders explicitly focusing on the employees' observations on corporate hypocrisy; examine the hypocritical behaviour of the reputed firms towards the consumers, which in turn affects the supply chain globally. For this, data analysis will be carried out with consumer firms across countries. Results show that firms are completely held responsible for their behaviour eventually defaming reputation.

中文翻译:

企业社会责任和供应链:评估企业虚伪的研究,特别关注利益相关者

供应链旨在成为这个全球竞争世界的重要组成部分,因为组织正在寻求制定战略优势。换句话说,大多数公司的目标是采用新业务并提高全球市场的竞争力。为此,大多数公司或组织都在选择企业社会责任和供应链管理等战略,以确保公司财务实力得到加强。此外,利益相关者和客户提出了他们对全球供应链企业社会责任的关注,并确保以对社会负责的方式行事。据信,大多数组织都非常重视实施企业社会责任或企业社会责任活动,以提升整体业务。企业积极参与企业社会责任活动,总能在利润、美德和其他道德标准方面受益。通常,法人公司展示自己的美德而无视道德标准,最终暴露出虚伪的本质。企业虚伪是指公司或组织向公众保证在企业社会责任背景下做某事并最终做出完全不同的事情。牢记这一点,当前的研究旨在揭示企业虚伪的隐藏本质及其对内部利益相关者的影响,明确关注员工对企业虚伪的观察;检查知名公司对消费者的虚伪行为,这反过来会影响全球供应链。为了这,将与各国的消费品公司进行数据分析。结果表明,公司对其最终损害声誉的行为负全部责任。
更新日期:2021-02-10
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