The Socio-Economic Impact of Corporate Social Responsibility Practices in Sri Lankan Tea Manufacturing Companies (Special Reference to Kandy District)
<p>Corporate Social Responsibility (CSR) is very important topic in the present competitive business environment. The aim of this exploratory study is to capture the current status of Corporate Social Responsibility (CSR) awareness, commitment and practices level of tea manufacturing companies...
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| Format: | Article |
| Language: | English |
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Faculty of Commerce & Manangement Studies, University of Kelaniya
2014-02-01
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| Series: | Kelaniya Journal of Management |
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| Online Access: | https://kjm.sljol.info/articles/6546 |
| _version_ | 1818129978641874944 |
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| author | IDC Wijerathna Ridmi Gajanayaka |
| author_facet | IDC Wijerathna Ridmi Gajanayaka |
| author_sort | IDC Wijerathna |
| collection | DOAJ |
| description | <p>Corporate Social Responsibility (CSR) is very important topic in the present competitive business environment. The aim of this exploratory study is to capture the current status of Corporate Social Responsibility (CSR) awareness, commitment and practices level of tea manufacturing companies in Sri Lanka and assessing the socioeconomic impact of company CSR on employees and smallholders. The study provides an overview of company CSR practices as well as of employee and smallholder experiences and perceptions of CSR practices of tea manufacturing companies. The research study is based on Kandy district and three perspectives factory owners, employees and smallholders were used in exploring the CSR level and its socioeconomic impact. To achieve the research objectives tea manufacturing company’s CSR practices are studied in three domains: CSR to employees, smallholders and environment. The researcher used mixed method comprising both quantitative and qualitative elements. There is a positive relationship between tea manufacturing company CSR level and the socioeconomic condition of employee and the smallholders. When it consider about the overall situation, current CSR practices of tea manufacturing companies have not made a positive impact on socioeconomic development of employees and smallholders. Tea manufacturing companies should consider CSR strategies that are in the interest of all stakeholders and relevant to the business.</p><p>DOI: <a href="http://dx.doi.org/10.4038/kjm.v2i1.6546">http://dx.doi.org/10.4038/kjm.v2i1.6546</a></p> <p>Kelaniya Journal of Management Vol.2(1) 2013:113-142</p> |
| first_indexed | 2024-12-11T07:57:44Z |
| format | Article |
| id | doaj.art-bd91e95a87db4d769b535115c0e9c0f7 |
| institution | Directory Open Access Journal |
| issn | 2279-1469 2448-9298 |
| language | English |
| last_indexed | 2024-12-11T07:57:44Z |
| publishDate | 2014-02-01 |
| publisher | Faculty of Commerce & Manangement Studies, University of Kelaniya |
| record_format | Article |
| series | Kelaniya Journal of Management |
| spelling | doaj.art-bd91e95a87db4d769b535115c0e9c0f72022-12-22T01:15:12ZengFaculty of Commerce & Manangement Studies, University of KelaniyaKelaniya Journal of Management2279-14692448-92982014-02-012111314210.4038/kjm.v2i1.65465086The Socio-Economic Impact of Corporate Social Responsibility Practices in Sri Lankan Tea Manufacturing Companies (Special Reference to Kandy District)IDC Wijerathna0Ridmi Gajanayaka1Ministry of Economic DevelopmentDepartment of Commerce & Financial Management, University of Kelaniya<p>Corporate Social Responsibility (CSR) is very important topic in the present competitive business environment. The aim of this exploratory study is to capture the current status of Corporate Social Responsibility (CSR) awareness, commitment and practices level of tea manufacturing companies in Sri Lanka and assessing the socioeconomic impact of company CSR on employees and smallholders. The study provides an overview of company CSR practices as well as of employee and smallholder experiences and perceptions of CSR practices of tea manufacturing companies. The research study is based on Kandy district and three perspectives factory owners, employees and smallholders were used in exploring the CSR level and its socioeconomic impact. To achieve the research objectives tea manufacturing company’s CSR practices are studied in three domains: CSR to employees, smallholders and environment. The researcher used mixed method comprising both quantitative and qualitative elements. There is a positive relationship between tea manufacturing company CSR level and the socioeconomic condition of employee and the smallholders. When it consider about the overall situation, current CSR practices of tea manufacturing companies have not made a positive impact on socioeconomic development of employees and smallholders. Tea manufacturing companies should consider CSR strategies that are in the interest of all stakeholders and relevant to the business.</p><p>DOI: <a href="http://dx.doi.org/10.4038/kjm.v2i1.6546">http://dx.doi.org/10.4038/kjm.v2i1.6546</a></p> <p>Kelaniya Journal of Management Vol.2(1) 2013:113-142</p>https://kjm.sljol.info/articles/6546Corporate Social ResponsibilityTea manufacturing companiesSmall holdersEmployeesSocioeconomic Condition |
| spellingShingle | IDC Wijerathna Ridmi Gajanayaka The Socio-Economic Impact of Corporate Social Responsibility Practices in Sri Lankan Tea Manufacturing Companies (Special Reference to Kandy District) Kelaniya Journal of Management Corporate Social Responsibility Tea manufacturing companies Small holders Employees Socioeconomic Condition |
| title | The Socio-Economic Impact of Corporate Social Responsibility Practices in Sri Lankan Tea Manufacturing Companies (Special Reference to Kandy District) |
| title_full | The Socio-Economic Impact of Corporate Social Responsibility Practices in Sri Lankan Tea Manufacturing Companies (Special Reference to Kandy District) |
| title_fullStr | The Socio-Economic Impact of Corporate Social Responsibility Practices in Sri Lankan Tea Manufacturing Companies (Special Reference to Kandy District) |
| title_full_unstemmed | The Socio-Economic Impact of Corporate Social Responsibility Practices in Sri Lankan Tea Manufacturing Companies (Special Reference to Kandy District) |
| title_short | The Socio-Economic Impact of Corporate Social Responsibility Practices in Sri Lankan Tea Manufacturing Companies (Special Reference to Kandy District) |
| title_sort | socio economic impact of corporate social responsibility practices in sri lankan tea manufacturing companies special reference to kandy district |
| topic | Corporate Social Responsibility Tea manufacturing companies Small holders Employees Socioeconomic Condition |
| url | https://kjm.sljol.info/articles/6546 |
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