Corporate Social Responsibilities (CSR) and Empirical Insight into CSR Practises of Companies Listed on the BIST 100


Sönmez M.

Önerilen Atıf/ Suggested CitationSönmez, M., (2021). Corporate Social Responsibilities (CSR) and Empirical Insight into CSR Practises of Companies Listed on the BIST 100, Journal of Business Research-Turk, 13 (4), 3622-3634. İŞLETME ARAŞTIRMALARI DERGİSİJOURNAL OF BUSINESS RESEARCH, vol.13, no.4, pp.3622-3634, 2021 (Peer-Reviewed Journal)

Abstract

When CSR is examined in the first place; it can be seen as a new burden that increases the costs for corporations. Additionally, defenders of the traditional economics theory accept CSR as violating obligation  to  shareholders  and  covering  the  wrongdoings  of  corporations.  Yet,  it  also  provides  many advantages in terms of companies, financial markets and societies.  The most important benefits of CSR can be listed as follows; it may increase the number of both national and international investors; thus, it makes positive contributions to the long-term profitability of a company; it may improve the quality of products,  the  brand  value  andcompetitive  power  of  corporations  by  having  a  positive  impact  on  the performance  of  employees;  it  also  helps  to  protect  environment,  to  care  human-rights  issues  and  to establish good relations with non-governmental organizations.