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Higher education institutions and corporate social responsibility: triple bottomline as a conceptual framework for community development

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  • Christiana Kappo-Abidemi

    (University of Mpumalanga, South Africa)

  • Ogujiuba Kanayo

    (University of Mpumalanga, South Africa)

Abstract

Corporate Social Responsibility (CSR) is predicated on three organizational pillars of economic values, social values and environment values known as the “triple bottom-line”. This framework refers to an accomplishment of a win-win status quo amongst three units. Stakeholders within the Higher Education Institutions (HEIs) somehow have ways of enforcing organizations to comply with these triple bottom-line. However, profit making is not applicable to a considerable extent in (HEIs) funded by government, but accountability is of paramount importance. On the other hand, HEIs are facing challenges induced by labour market dynamics. This article is a based on the triple bottom line conceptual paradigm and reviews CSR and the importance of the paradigm for HEIs in community development for developing countries, using South Africa as a reference point. We relied on existing literature and our analysis suggest that HEIs need to take part in profitable relations with several stakeholders while integrating their visions and purposes into their CSR management agenda. For the reason that the structure of the community is somewhat complex because of diverse personalities with different levels of resource control; adopting CSR would benefit, appropriate integration of community development programmes.. Engagement through CSR will enhance mutual trust, reduce protest and help improve public image of the HEIs. Particular emphasis on HEIs support to economic welfare and social environs would be a value addition to community development.

Suggested Citation

  • Christiana Kappo-Abidemi & Ogujiuba Kanayo, 2020. "Higher education institutions and corporate social responsibility: triple bottomline as a conceptual framework for community development," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(2), pages 1103-1119, December.
    • Handle: RePEc:ssi:jouesi:v:8:y:2020:i:2:p:1103-1119
    DOI: 10.9770/jesi.2020.8.2(66)
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    References listed on IDEAS

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    1. Franck Aggeri & Morgane Le Breton, 2016. "The regulation of transparency in the field of CSR," Post-Print halshs-01368029, HAL.
    2. Mauricio Andrés Latapí Agudelo & Lára Jóhannsdóttir & Brynhildur Davídsdóttir, 2019. "A literature review of the history and evolution of corporate social responsibility," International Journal of Corporate Social Responsibility, Springer, vol. 4(1), pages 1-23, December.
    3. Jun Huang & Wei Hu & Guowei Zhu, 2018. "The Effect of Corporate Social Responsibility on Cost of Corporate Bond: Evidence from China," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 54(2), pages 255-268, January.
    4. John M Bryson, 2004. "What to do when Stakeholders matter," Public Management Review, Taylor & Francis Journals, vol. 6(1), pages 21-53, March.
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    Cited by:

    1. Katherin Carrera-Silva & Olga Maritza Rodríguez Ulcuango & Paula Abdo-Peralta & Ángel Gerardo Castelo Salazar & Carmen Amelia Samaniego Erazo & Diego Haro Ávalos, 2024. "Beyond the Financial Horizon: A Critical Review of Social Responsibility in Latin American Credit Unions," Sustainability, MDPI, vol. 16(18), pages 1-23, September.
    2. Christoph Burmann & Fernando García & Francisco Guijarro & Javier Oliver, 2021. "Ranking the Performance of Universities: The Role of Sustainability," Sustainability, MDPI, vol. 13(23), pages 1-16, November.
    3. Shixiao Wu, 2024. "From Global Goals to Classroom Realities: The Role of Corporate Social Responsibility in Promoting Teacher Wellbeing in Higher Education," Sustainability, MDPI, vol. 16(16), pages 1-19, August.
    4. Maria Teresa Nardo & Georgiana Cristina Codreanu & Fabiana Roberto, 2021. "Universities’ Social Responsibility through the Lens of Strategic Planning: A Content Analysis," Administrative Sciences, MDPI, vol. 11(4), pages 1-16, November.
    5. Azilah Kasim & Bussalin Khuadthong & Noormala Jailani & Muhammad Fauzi Mokhtar & Jasmine Zea Raziah Radha Rashid Radha & Maebel Leong, 2022. "The Importance of Community Perspectives on Hotel Community-Related CSR: A Position Paper," Sustainability, MDPI, vol. 14(8), pages 1-17, April.

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    More about this item

    Keywords

    stakeholders; community development; corporate social responsibility; triple bottom-line;
    All these keywords.

    JEL classification:

    • I10 - Health, Education, and Welfare - - Health - - - General
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • I20 - Health, Education, and Welfare - - Education - - - General

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