Evaluation of Corporate Social Environment Responsibility of Pharmaceutial Multinational Firms in Jamshoro
Author(s)
Rehan Shaikh , Ms Mahvish Khaskhely , Dr. Zahid Ali Memon , Samina Tunio ,
Download Full PDF Pages: 01-26 | Views: 758 | Downloads: 146 | DOI: 10.5281/zenodo.5040533
Abstract
Wastes are the unwanted materials which can no longer be used in the manufacturing processes that can eventually turn into hazardous or non-hazardous material, to humans/environment. Management of the hazardous wastes is an integral part of pharmaceutical industries. This stud aims to evaluate the current practices of CSER (Corporate Social Environment Responsibility) towards environmental pollution, waste management and the relation between CSER initiatives and company reputation and performance. Pharmaceutical waste management is an important part in pharmaceutical industries.
A cross-sectional survey was conducted in two pharmaceutical company that is ARCHROMA and GlaxoSmithKline (GSK) working in district Jamshoro Sindh by means of suitable sampling procedure. These tools were used to determine the performance of the company by using the different questionnaire, which are divided into four sections, that is related to the basic information of CSER adopted by the Company, Waste Management and Company initiatives and reputation also check-list of company Waste Management activities.
The sample was taken with upper management, middle management, lower management. The questionnaires were distributed among these employees by using mixed method that is online and physical. Out of 50 distributed questionnaires, 39 were completed and returned, giving overall returning rate of 78%. The further study identified that how the environment like, water pollution, methane emission, soil degradation and living bodies are effected by the company. To reduce these factors which effect the environment there were also working on waste management and disposal. We found there were mostly waste was plastic bags, chemical, expiry medicines and other instruments. The method for disposal was burning the chemical, recycling and other were sent by container to hired company.
The study also measures the performance and corporate reputation of pharmaceutical companies. They were focused to initiate the CSER to maintain their company reputation and sustain their business in market. They were working for different trainings for the capacity building of the employees regarding CSER which has direct and indirect impact on the environment. The study contributes for academic research as well as for the practical implication and also for future research studies.
Keywords
CSER, GSK, ARCHROMA, Soil degradation, hazardous or non-hazardous, Waste Management.
References
i Ahmad, N. N. (2019). Exploring the meaning of climate change discourses:an impression management exercise? Accounting Research Journal.
ii Alam, M. (2006). StakeStakholder Theory. In Hoque, Z. Methodological issues in accounting research: Theories and methods. London: Spiramus.
iii Andreou, P. C., & Kellard, N. M. (2020). Corporate environmental proactivity: evidence from the european union's emisions trading system. journal of cleaner production.
iv Ayuso.S. (2006). Analysis the experience of spanish hotels.corporate social responsiblity and environment management. Adoption of voluntary environmental tools for sustainable tourism:.
v Baxi, C., & Ajit:, P. (2005). corporate social responsiblity-concept and cases. Excell book,New Delhi.
vi Bhardwaj, P., Chattrjee, P., Demir, K. D., & Turut, O. (2018). When and how is corporate Social Responsibility Profitable? Business Research.
vii Brennan, N. M., Guillamon-Saorin, E., & Pierce, A. (2009). Impression management: developing and illustrating a scheme of analysis for narrative disclosures – a methodological note. Accounting, Auditing & Accountability.
viii Chen, S. G. (2014). ‘Green’ productivity growth in China’s industrial economy. Energy Econ.
ix Creswell&John.w. (2017). Designing and Conducting Mixed Methods Research. Sage Publication.
x Crowther, D. (2004). A Socially Responsible Approach. India: Elsevier. Managing Finance.
xi Deegan, C., & & Unerman, J. (2006). Financial Accounting Theory (European edn.). . London The Mc-Graw-Hill Companies.
xii Deegan.M. (2016). The Academic Books and Future's Project Report : A Report to the AHRC and the british Library.
xiii Dessel. (2013). how to determine population and survey sample size. check market.
xiv Dodds.R. (2010). CSR among Canadian Mass Tour Operaors; Good Awareness but little Action. Internationa journal Of Contemporary Hospitality Mangement,, 2(22), 221-244.
xv Egri.C. (2008). Corporate responsibilty : A review of internationa management research from 1998 to 2007. Journal of International Mangement, 14(4), 319-339.
xvi Faboyede.O. (2011). Environmental Protection and Sustainability Reporting: Extensible Business Reporting Language (XBRL) Interactive Data to the Rescue. Journal of Sustainable Development and Environmental Protection, 1((2)), 6–17.
xvii Freedman, M., & Jaggi, B. (2005). Global warming, commitment to the Kyoto protocol, and accounting disclosure by the largest global public firms from polluting industries. The International Journal of Accounting,.
xviii Gray, R., Owen, D., & Adams, C. (1996). Accounting and Accountability Changes and Challenges in Corporate Social and Environmental Reporting. . London: Prentice-Hall.
xix Hakobyan, N., Khachatryan, A., Vardanyan, N., & Chortok, Y. .. (2019). THE IMPLEMENTATION OF CORPORATE SOCIAL AND ENVIRONMENTAL RESPONSIBILITY PRACTICES INTO COMPETITIVE STRATEGY OF THE COMPANY. Marketing and Management of Innovations.
xx Hakobyan, N., Khachatryan, A., Vardanyan, N., & Chortok, Y. .. (2019). THE IMPLEMENTATION OF CORPORATE SOCIAL AND ENVIRONMENTAL RESPONSIBILITY PRACTICES INTO COMPETITIVE STRATEGY OF THE COMPANY. Marketing and Management of Innovations.
xxi Hawn, O., & Chatterji, A. (2018). Do investors actually value sustainability?New evidence from investor reactions from investor reaction to the dow jones sustainablity. journal of static management.
xxii Henriques.I, & Sadorsky.P, &. (1999). . (1999). The Relationship Between Environmental Commitment and Managerial Perceptions of Stakeholder Importance. Academy of Management Journal,, 42((1)), 87–99. doi:https://doi.org/10.5465/256876
xxiii Hossain, D. M. (2017). Exploring the Main Discourses and Power Relations in the Disclosure on Social Inequality Issues in Corporate Narratives. Unpublished Doctoral Thesis. Department of Accounting. International Islamic University Malaysia.
xxiv Jaworska, E., & Bucior, G. (2017). Self-presentation. Enterprise impression management as part of external reporting. . Global Challenges of Management Control and Reporting,.
xxv Jayanti.R. (2014). . Sustainability Dilemmas in Emerging Economies. IIMB Management Review. doi:https://doi.org/10.1016/j.iimb.2014.03.004
xxvi Jogulu.&Uma.D. (2011, 5 24). Mixed methods: A Research Design For Management Doctoral Dissertations. 687-701. doi:https://doi.org/10.1108/01409171111136211
xxvii Lestari, I., N, H., & Maelah, R. .. (2019). Corporate Social and Environmental Strategy and Reporting in Indonesian Plantation Industry. Indonesian Journal of Sustainability Accounting and Management.
xxviii Lin, H. C., Wang, C. S., & Wu, R. S. (2017). Does corporate ethics help investors forcast future earning? Social Responsibility.
xxix Lin, l., Yu, C., & Chang, F. .. (2017). Determinants of CSER practices for reducing greenhouse gas emissions: From the perspectives of administrative managers in tour operators. Tourism Management.
xxx Lin, L., Yu, C., & Chang, F. (2017). Determinants of CSER practices for reducing greenhouse gas emissions: From the perspectives of administrative managers in tour operators. Tourism Management.
xxxi Lin, L., Yu, C., & Chang, F. (2017). Determinants of CSER practices for reducing greenhouse gas emissions: From the perspectives of administrative managers in tour operators. Tourism Management.
xxxii Li-Pin, (., Lina, C.-Y. Y., & Fu-Chen, C. (2018). Determinants of CSER practices for reducing greenhouse gas emissions: From the perspectives of administrative managers in tour operators. Tourism Management.
xxxiii Lund.T. (2004). Towards a critical framework on corporate social and Environmental responsibility in the South. The Case of Pakistan Development.
xxxiv M, N., & J, S. L. (2007). The importance of diverse collaborative networks for the novelty of product innovation. technovation, 27.
xxxv Marrewijk, M. &. ( 2003). 'Multiple Levels of Corporate Sustainability'. Journal of Business Ethics .
xxxvi Muhammad, N. S. (2012). corporate social responsiblity disclosure and organizational performance. The case of libya,a mixed method study.
xxxvii Naslidky.N. (2012). The consequences of National Policy Rejection on Corporate Social Responsibility (CSR) For Ukrain. Retrieved from from:http://csr-ua.info/csrukraine/
xxxviii Noked, N. (2013). The corporate social responsibility report and effective stakeholder. engagement.
xxxix Rangan, K., & chase, L. &. (2012). why every company needs a CSR strategy and how to build it.
xl Saha, R., & Dahiya, R. (2020). Effect of ethical leadership and corporate social responsiblity on firm performance; a systematic reveiw corporate,social,responsible environment.
xli Sambasivan.M. (2013). Making The Case For Operating ""Green"" : Impact of Environmental Proactivity on Multiple Performance Outcomes of Malaysian Firms. Journal of Cleaner Production, 42, 69-82. doi:doi.or/10.1016/j.jcleopro.2012.11.016
xlii Sarah.S, & Cresswell.K, &. (2011). The Case Study Approach. BMC medical research methodology. Research Gate. doi:http://dx.doi.org/10.1186/1471-2288-11-100
xliii Shao, S., Luan, Z., & Yang, C. L. (2016). Does directed technological change get greener: empirical evidence from Shanghai’s industrial green development transformation. Ecol. Indicat.
xliv Torugsa.N.A. (2013). Proactive CSR: An Empirical Analysis of The Role of Its Economic,Social and Environmental Dimensions on the Association between Capabilities and Performance. Journal Of Business Ethics, 115(2), 383-402. doi:doi.org/10.1007/s10551-012-1405-4
Cite this Article: