{"title":"Reimagining functional narratives: recoding the DNA of corporate social responsibility","authors":"Garima Gupta","doi":"10.1007/s13520-024-00219-3","DOIUrl":"10.1007/s13520-024-00219-3","url":null,"abstract":"<div><p>‘Corporate Social Responsibility’ (‘CSR’) has gained popularity in corporate as well as academic debates, especially since the 2008 financial crisis (Okpara & Idowu, 2013). Although CSR as an idea has not failed, concerning gaps remain in the theory and practice of CSR. More particularly, in India, the legislature has adopted a ‘one size fits all’ approach which permits businesses to interpret and implement CSR based on their unique circumstances. This leads to persistent and escalating concerns regarding its implementation and limits. The most basic of such concerns is the fact that CSR conceptually lacks a consistent understanding as scholars all around the world have defined it differently (Votaw & Sethi, 1973), which has an effect of conflating CSR with legal obligations or pre-existing moral obligations of the company. This work, limiting the study to Indian context, argues that the effectiveness of any policy or regulation is a direct result of express intention behind it and Indian law lacks such expression. It specifically argues that the framework in India is based on the misconceived idea of CSR resting on ‘neo-liberal’ principles meaning that a corporation’s primary responsibility is maximization of the profits of the shareholders and hence CSR is perceived merely as an add-on. There needs to be a change in this narrative to a ‘socio-economic’ one which could bring CSR within the core functions of corporations and which largely depends on the Corporate Governance ecosystem so in place. India although claims to have adopted the Stakeholder Model of Corporate Governance, in practice it still aligns with the Shareholder Model. It is only when the former is adopted in practice, can CSR be effectively implemented which can be further facilitated through a clear expression of legislative intent behind the provisions and regulations concerning CSR. In order to substantiate these arguments, this work adopts a doctrinal method of research which undergoes a thematic discourse analysis of the issue and its theoretical underpinnings, and also provides certain recommendations in this respect.</p></div>","PeriodicalId":54051,"journal":{"name":"Asian Journal of Business Ethics","volume":"13 2","pages":"491 - 521"},"PeriodicalIF":1.9,"publicationDate":"2024-09-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142761773","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Special Issue of the Asian Journal of Business Ethics on Global Survey of Business Ethics (GSBE) reports 2022–2024 from Asia, Australia and Russia – Indonesia","authors":"Aluisius Hery Pratono, Amilia Santoso, Ramon Eguia Nadres, Herlina Yoka Roida, Untara Simon, Miguel Angel Esquivias Padilla, Mahestu Noviandra Krisjanti, Harsono Harsono","doi":"10.1007/s13520-024-00216-6","DOIUrl":"10.1007/s13520-024-00216-6","url":null,"abstract":"<div><p>This article aims to explore the main topics in business ethics in Indonesia by reviewing manuscripts and conducting focus discussion groups. We adopt Harzing’s PoP application to review 995 manuscripts and VOS Viewer to draw a bibliometric figure, followed by a series of focus discussion groups. This article explores the main topics in business ethics in Indonesia by reviewing manuscripts and conducting focus discussion groups. The results show that the primary business ethics literature in Indonesia focuses on four topics: (1) ethics in the financial market, (2) ethics in education, (3) ethics in the workplace, and (4) Sharia ethics. These key trends of business ethics literature are different from the global literature. The main reason may come from the cultural gap, in which the local cultural diversity provides various terminologies and key recurring concepts. The results present the central local wisdom that comes from the significant ethnicity in this country. In addition, this report also provides future ethical topics at the intersection between business and political ethics by involving digital technological turbulence. In addition, future ethical topics need to address the intersection between business and political ethics by involving digital technological turbulence to explain how Indonesian tech companies strive to integrate ethical practices and strengthen data protection, especially in the gig economy and e-commerce sectors. Hence, the business ethics curriculum should encourage responsible consumers and producers by promoting awareness of false information, cyberbullying, and political manipulation.</p></div>","PeriodicalId":54051,"journal":{"name":"Asian Journal of Business Ethics","volume":"15 of","pages":"93 - 108"},"PeriodicalIF":3.2,"publicationDate":"2024-09-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147375292","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Special Issue of the Asian Journal of Business Ethics on Global Survey of Business Ethics (GSBE) reports 2022–2024 from Asia and Australia — Russia","authors":"Svetlana Snezhko, Maxim Storchevoy, Olga Bobrova","doi":"10.1007/s13520-024-00214-8","DOIUrl":"10.1007/s13520-024-00214-8","url":null,"abstract":"","PeriodicalId":54051,"journal":{"name":"Asian Journal of Business Ethics","volume":"15 of","pages":"65 - 78"},"PeriodicalIF":3.2,"publicationDate":"2024-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147375291","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Special Issue of the Asian Journal of Business Ethics on Global Survey of Business Ethics (GSBE) Reports 2022–2024 from Asia, Australia, and Russia: Australia","authors":"Janine Pierce, Howard Harris","doi":"10.1007/s13520-024-00213-9","DOIUrl":"10.1007/s13520-024-00213-9","url":null,"abstract":"<div><p>This report examines a study focused on current interest areas and themes of business ethics in Australia as discussed in the Australian media (major national and State newspapers) across the years 2019–2022, using content analysis and stakeholder frame of focus. The identified themes are then compared with themes identified in the Global Survey of Business Ethics 2022–2024. These themes provide a framework to compare with themes identified as important for teaching and research through a survey of Australian university educators in business schools involved in ethics teaching and research in South Australia and Western Australia. Findings indicate that ethics and ethical concerns appear across a range of media publications in Australia which in turn is placing pressure on businesses to respond to this ethics talk in the media in explaining or justifying their actions. Although no particular pattern is identified from responses, some topics are gaining more prominence such as climate change and artificial intelligence, both in the media and in university courses and research. Topics of discussion were ranked from very important to important. It is concluded that ethical issues are important for Australian business and business is responding. Key ethical issues include climate change and sustainability, governance, government and transparency, and organizational culture with ethical issues of interest to Australia featuring including sport, corporate misconduct, and Indigenous issues.</p></div>","PeriodicalId":54051,"journal":{"name":"Asian Journal of Business Ethics","volume":"15 of","pages":"49 - 63"},"PeriodicalIF":3.2,"publicationDate":"2024-09-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://link.springer.com/content/pdf/10.1007/s13520-024-00213-9.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142260486","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Special Issue of the Asian Journal of Business Ethics on Global Survey of Business Ethics (GSBE) reports 2022–2024 from Asia, Australia, and Russia–China: Mainland","authors":"Zucheng Zhou, Ben Nanfeng Luo, Xuan Zhang","doi":"10.1007/s13520-024-00211-x","DOIUrl":"10.1007/s13520-024-00211-x","url":null,"abstract":"<div><p>This study investigates the teaching, research, and training of business ethics in Mainland China over the period of 2011–2023 and compares it with those prior to 2011. The results from the questionnaire survey of 43 experts, desktop research, and personal observations reveal that (1) in Mainland China, the field of business ethics has grown stronger over the last decade, which is evident in more academic associations, publications in terms of books and journal articles, projects funded, courses offered, and so forth; (2) CSR seems to be the most popular theme in the business ethics–related teaching, research, and training; (3) Chinese experts are optimistic about the teaching, research, and training on business ethics for the next 5 years; (4) it is anticipated that the business ethics–related teaching, research, and training in Mainland China will encounter some obstacles for the next 5 years, which need to be overcome.</p></div>","PeriodicalId":54051,"journal":{"name":"Asian Journal of Business Ethics","volume":"15 of","pages":"15 - 38"},"PeriodicalIF":3.2,"publicationDate":"2024-09-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147375297","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Special Issue of the Asian Journal of Business Ethics on Global Survey of Business Ethics (GSBE) reports 2022–2024 from Asia, Australia, and Russia — China: Macau","authors":"Qianjin Zhang, Hong Kei Im","doi":"10.1007/s13520-024-00212-w","DOIUrl":"10.1007/s13520-024-00212-w","url":null,"abstract":"<div><p>This study examines the current state of business ethics in Macau, a special administrative region of China. Using data collected through structured interviews with researchers, educators, public servants, and business practitioners, the study identifies key focus areas of business ethics in Macau. It explores themes related to the teaching and research of business ethics in higher education institutions, as well as ethics training within the public and private sectors. The findings suggest that while the Macao SAR government is aware of ethical issues in gambling-related businesses, additional efforts are required in training and regulation. The study also highlights that higher education institutions have made significant contributions to business ethics education and research, which have positively influenced the development of business ethics in Macau.</p></div>","PeriodicalId":54051,"journal":{"name":"Asian Journal of Business Ethics","volume":"15 of","pages":"39 - 47"},"PeriodicalIF":3.2,"publicationDate":"2024-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147375298","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Understanding digital sweatshops: A qualitative investigation of workers’ perspectives","authors":"Manoj Kumar Kamila, Sahil Singh Jasrotia, Pooja Singh Kushwaha","doi":"10.1007/s13520-024-00210-y","DOIUrl":"10.1007/s13520-024-00210-y","url":null,"abstract":"<div><p>Digital sweatshops represent exploitative digital workplaces where individuals are compelled to work long hours under high demands for minimal compensation. This study employs in-depth, semi-structured interviews with digital workers to explore digital sweatshop operations’ challenges and adverse aspects, mainly focusing on ethical considerations. The collected data were transcribed and analyzed using grounded theory methodology. The findings highlight three key themes: conditions mitigating factors, organisational factors, and work environment factors, all of which contribute to the persistence of digital sweatshops. The study advocates for comprehensive labour laws, education and advocacy for digital employees, mental health support, transparency and accountability, skill development, career advancement, and ethical business practices. These recommendations are intended to help governments and organizations create a fair and ethical digital workplace, prioritizing workers’ rights and well-being.\u0000</p></div>","PeriodicalId":54051,"journal":{"name":"Asian Journal of Business Ethics","volume":"13 2","pages":"435 - 459"},"PeriodicalIF":1.9,"publicationDate":"2024-08-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142210274","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Navigating the interplay of legal frameworks and corporate governance: the impact on asset quality in an emerging economy","authors":"Prashant Kumar Gupta, Seema Sharma","doi":"10.1007/s13520-024-00209-5","DOIUrl":"10.1007/s13520-024-00209-5","url":null,"abstract":"<div><p>This study examines the impact of regulatory changes on seven distinct corporate governance determinants of asset quality in Indian banks. We focus on the Companies Act of 2013 and the Insolvency and Bankruptcy Code of 2016, two key pieces of legislation that have significantly impacted the Indian banking industry. Using the General Method of Moments, a dynamic panel data method, we analyze data from 45 Indian public and private sector banks from 2010 to 2019. Our results suggest that board functioning contributes more to the reduction of non-performing assets after the passage of the Companies Act. However, the impact of special committee activity, ownership concentration, and intensity of board activities has worsened. As far as the Insolvency and Bankruptcy Code of 2016 is considered, it has reduced the negative impact of special committee activity and board functioning on asset quality. Our study addresses the endogeneity issue, frequently encountered in previous research on corporate governance determinants of asset quality. This study makes a valuable contribution to the literature by providing insights into the impact of regulatory changes on corporate governance determinants of asset quality in Indian banks. Our research also provides a benchmark for other emerging economies to define their legal frameworks. We suggest further study of the factors, particularly board independence and gender diversity in light of the Acts.</p></div>","PeriodicalId":54051,"journal":{"name":"Asian Journal of Business Ethics","volume":"13 2","pages":"403 - 434"},"PeriodicalIF":1.9,"publicationDate":"2024-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141506509","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Can CSR influence Chinese consumers’ intention to purchase jewelry ethically? The moderating effect of eWOM based on the SOR model","authors":"Linxue Zhang, Khairul Anuar Mohammad Shah","doi":"10.1007/s13520-024-00199-4","DOIUrl":"10.1007/s13520-024-00199-4","url":null,"abstract":"<div><p>Corporate social responsibility (CSR) is widely employed in many sectors, but research on its implementation in the jewelry sector is lacking. To support the industry’s long-term growth, the influence of jewelry companies’ CSR statements must be further explored and the factors contributing to consumers’ intention to purchase jewelry ethically identified. This study empirically tested data from a valid sample of 223 individuals. The results indicate that perceptions of jewelry-related CSR among Chinese consumers positively influenced their environmental protection consumption psychology (EPCP), their views on green pricing, and their intention to purchase jewelry ethically. The latter was positively influenced by EPCP. The positive influence of purchase intention and EPCP played a partially mediating role between the perception of jewelry-related CSR and that of green pricing and purchase intention. Electronic word-of-mouth positively moderated the perception of CSR and the relationship between this perception and EPCP, while EPCP played a partially mediating role between the perception of CSR and green pricing and purchase intention. This study offers theoretical and managerial implications for developing ethical jewelry in China to benefit customers, businesses, and the industry as a whole.</p></div>","PeriodicalId":54051,"journal":{"name":"Asian Journal of Business Ethics","volume":"13 1","pages":"271 - 290"},"PeriodicalIF":1.9,"publicationDate":"2024-06-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141368761","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Does thinking about making money help people save money? Behavioral economics—monetary wisdom across genders: Ardent love of money aspirations and $1 million resource allocation","authors":"Yuh-Jia Chen, Velma Lee, Thomas Li-Ping Tang","doi":"10.1007/s13520-024-00207-7","DOIUrl":"10.1007/s13520-024-00207-7","url":null,"abstract":"<div><p>Squandering lottery winners spend their money, leading to bankruptcy, murder, and suicide—a lottery curse. With a fixed amount of money, saving and spending are mutually exclusive. To study ordinary citizens’ behavioral decision-making, we follow Nobel Laureate Daniel Kahneman’s advice, incorporate ardent monetary aspirations—Rich, Motivator, Budget, Make, and Success as yoked antecedents of the latent construct—Monetary Wisdom (MW), frame MW in the context of income (Time 1), and explore individuals’ $1 million resource allocation (Time 2). Among full-time managers, thinking about Making money helps them Spend more and Save less. However, university students have lower incomes and more difficulty making money than managers. This study challenges the existing findings of full-time managers. We theorize that thinking about <b><i>Making</i></b> money helps students Save more and Spend less. We ask 443 students to imagine that after fulfilling tax obligations, they could freely allocate $1 million lottery money to 20 options (sum = 100%). Our results support our theory. Men have significantly higher incomes than women. The Paths from Factors Rich and Budget to MW are significantly stronger for men than women. With higher income, thoughts on becoming <b><i>Rich</i></b> and <b><i>Budgeting</i></b> money cause men to Spend more and Save less. Vigorous Budgeting thoughts may cause the depletion of self-control power, leading to self-control failure and Spending. Wanting to become Rich incites Spending. With lower income, thinking about <b><i>Making</i></b> money causes women to Save more and Spend less. Interestingly, women spend significantly <b><i>more</i></b> money on experiential and material consumptions and family, and <b><i>less</i></b> on investments (business and education) than men. The differences in Saving and Donating money to charity are non-significant across genders. Monetary Wisdom is not significantly related to income. We help people make happy, healthy, wealthy, ethical decisions, and mental accounting and avoid the lottery curse. The life you save may be your own.</p></div>","PeriodicalId":54051,"journal":{"name":"Asian Journal of Business Ethics","volume":"13 1","pages":"323 - 365"},"PeriodicalIF":1.9,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141254987","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}