Corporate Social Responsibilities (CSR) and Empirical Insight into CSR Practises of Companies Listed on the BIST 100
İŞLETME ARAŞTIRMALARI DERGİSİ, vol.13, no.4, pp.3622-3634, 2021 (TRDizin)
- Publication Type: Article / Article
- Volume: 13 Issue: 4
- Publication Date: 2021
- Doi Number: 10.20491/isarder.2021.1345
- Journal Name: İŞLETME ARAŞTIRMALARI DERGİSİ
- Journal Indexes: Business Source Ultimate (EBSCO), TR DİZİN (ULAKBİM), Sobiad Atıf Dizini
- Page Numbers: pp.3622-3634
- Erzincan Binali Yildirim University Affiliated: Yes
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.