Open Access Peer-reviewed Research Article

CSR and societal change in international financial markets of Africa

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Key drivers to CSR practices by firms in Africa
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Submitted   Jul 1, 2019
Published   Jul 19, 2019
Issue    Vol 1 No 2 (2019)
DOI   10.25082/REE.2019.02.006

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Duffour Kwame Asare
School of Business Administration, Zhejiang Gongshang University, Hangzhou 310018, Zhejiang Province, China
Ibrahim Hussein Ahmed corresponding author
School of Finance, Zhejiang Gongshang University, Hangzhou 310018, Zhejiang Province, China

Abstract

Corporate social responsibility is the foremost business strategy focus for the managers who aim to have long-term success in competitive environment. This is because, different scholars have found it difficult with its definition, explanation, application, and measurement in organizations on who and how it should be done reciprocally. The present study seeks to review societal change with contribution from corporate social responsibility in international financial markets of Africa. The study is qualitative in nature and seeks to analyze the maximum practice of CSR activities and where there is room for improvement in CSR initiatives among African firms. There are three important forms of corporate social responsibility which are aligned to the emerging social needs of community for true fulfillment and addressing the social responsibility at corporate level.

Keywords
corporate social responsibility, creating shared value, sustainability development, international financial markets

Article Details

How to Cite
Asare, D., & Ahmed, I. (2019). CSR and societal change in international financial markets of Africa. Resources and Environmental Economics, 1(2), 89-95. https://doi.org/10.25082/REE.2019.02.006
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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

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