CSR and staff retention in New Zealand companies: A literature review
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Date
2006
DOI
Open Access Location
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Massey University. Department of Management and International Business
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Abstract
This working paper examines the notion that there is a relationship between CSR and staff
retention in organisations. Studies have shown that people are becoming more aware of business activities in many countries. As such, companies with good CSR policies are being rewarded by consumers and this is manifested in companies’ financial position in the long term. On the other hand, consumers will punish companies with poor CSR reputation. This review is illustrated through an analysis of literature on corporate social responsibility intended to advance that there is a relationship between CSR and staff retention in organisations. By translating the general principles of CSR into business practices, by developing better measures of CSR, and by empowering and engaging employees, businesses are more likely to embrace CSR so that it penetrates all business activities.
Description
Keywords
Business policy, Corporate social responsibility, New Zealand companies, Social responsibility, Staff retention
Citation
Eweje, G.; Bentley, T. (2006). CSR and staff retention in New Zealand companies: A literature review. (Department of Management and International Business Research Working Paper Series 2006, no. 6). Auckland, NZ: Massey University. Department of Management and International Business.