The present study focuses on Corporate Social Responsibility projects in Turkey. Nowadays, Corporate Social Responsibility (CSR) projects, which are carried out by companies that want to be a part of the solution for the problems of the society they are in, have become a pretty popular topic. Therefore, it is seen that a large number of enterprises have carried out a large number of CSR projects in connection with one or other applications.
In this study, corporate social responsibility stated in the web pages of participation banks operating in Turkey CSR projects will be examined by content analysis method. In the first part of this work that consists of three chapters, it will be focused on the concept and practice of CSR in Turkey. The second part examines participation banks operating in Turkey. In the third and final part of this study, CSR projects of participation banks will be evaluated both as resource use and activity area. Our study will end with results and suggestions. This study has been prepared in order to determine the current situation of CSR projects of participation banks and also to provide guidance for bank project managers for future projects.
Participation banks in Turkey, alongside conventional banks, are the institutions that continue operating according to Islamic rules. These institutions are based on the principles of profit-loss partnership instead of interest. The main purpose of participation banking is to attract people who do not work with conventional banks into the system. These people are not in the financial system due to their religious sensitivities. However, due to the increasing competitive environment and dynamic economic structure, participation banks carry out policies targeting not only the religious sensitive segment but also all segments of society.
Table of Contents
1. Corporate Social Responsibility Concept and Turkey Applications
1.1. CSR Definition, History and General Framework
1.2. Corporate Social Responsibility in Turkey
2. Participation Banking Practices in Turkey
3. Research Method
4. Findings and Reviews
Objectives and Research Themes
The objective of this research is to examine the current landscape of Corporate Social Responsibility (CSR) initiatives among participation banks operating in Turkey. By analyzing corporate websites as of December 1, 2018, the study evaluates how these financial institutions utilize resources for social projects and identifies the primary areas of focus for their activities, ultimately providing insights and recommendations for future CSR management.
- Theoretical foundations of Corporate Social Responsibility (CSR)
- Development and historical context of CSR in Turkey
- Operational structure and characteristics of participation banks in Turkey
- Content analysis of web-based CSR disclosures
- Strategic evaluation of resource utilization and project activity areas
Excerpt from the Book
1.2. Corporate Social Responsibility in Turkey
The main CSR practices in Turkey dates back until the Ottoman Empire. CSR projects are generally organized under the name of "foundation". According to the United Nations Development Program (2008) report, when we look at the political and economic structure of the last fifty-year period, we can see that there has not been a favorable environment for sustainable development in the economy of Turkey because of military interventions, high inflation and economic imbalances. After 1980, serious advances have been made in the economy, but this also has led to serious adversities. Companies have tried to protect their profits by decreasing their prices due to the increasing competition environment. This has pushed companies to postpone or cancel CSR projects.
Even though the role of the state in the economy has decreased in the last 30 years, the negative effects of the instability in inflation and the periodic exchange fluctuations still do not create the appropriate environment for CSR projects. There has been an awareness of CSR due to the increasing international agreements, campaigns and activities in the country. Istanbul Habitat II congress, held in 1996, played an important role in this field. In 1999, voluntary charities, due to the inadequate efforts of the government in the Izmit earthquake, were established by many groups and companies.
Summary of Chapters
1. Corporate Social Responsibility Concept and Turkey Applications: This chapter discusses the varying academic definitions of CSR and examines the historical development and current state of CSR practices within the Turkish economic environment.
2. Participation Banking Practices in Turkey: This section provides an overview of the participation banking sector, explaining the principles of interest-free finance and detailing the operational status and market presence of these banks in Turkey.
3. Research Method: This chapter outlines the content analysis methodology used to evaluate CSR projects based on corporate web page data from December 2018 and describes the criteria for SWOT analysis.
4. Findings and Reviews: This chapter presents the empirical results of the study, comparing the CSR performance of different banks in terms of project numbers, resource allocation, and specific areas of activity.
Keywords
Corporate Social Responsibility, CSR, Participation Banks, Turkey, Content Analysis, Islamic Banking, Sustainable Development, Social Projects, Resource Utilization, Philanthropy, Corporate Reputation, Banking Sector, Stakeholder Expectations, Social Development, Ethical Finance.
Frequently Asked Questions
What is the fundamental focus of this study?
The study focuses on investigating the Corporate Social Responsibility (CSR) projects conducted by participation banks in Turkey to determine their current status and engagement levels.
What are the central thematic fields addressed?
The central themes include the conceptual framework of CSR, the historical development of CSR in Turkey, the operational model of participation banking, and an analysis of how these banks utilize resources for social good.
What is the primary research goal?
The primary goal is to evaluate the existing CSR projects disclosed on the websites of Turkish participation banks as of December 2018 and to provide guidance for bank managers regarding future CSR strategies.
Which scientific method is utilized?
The research utilizes a content analysis method to examine the project data published on the official web pages of the relevant financial institutions.
What does the main body of the work cover?
The main body covers the theoretical definition of CSR, the evolution of CSR in Turkey, an overview of the participation banking sector, and a detailed analysis of findings regarding CSR project distribution and strengths/weaknesses.
Which keywords characterize this research?
The research is characterized by terms such as Corporate Social Responsibility, Participation Banks, Turkey, Content Analysis, and Ethical Finance.
Which bank currently shows the highest level of engagement in CSR activities?
According to the findings, Albaraka Türk Participation Bank shows the highest level of engagement, accounting for 59 percent of the total CSR projects analyzed.
What is the main finding regarding public participation banks?
The study finds that newer public participation banks have very few or no CSR projects, suggesting a need for increased involvement and visibility in social responsibility initiatives.
How is the environment viewed in the context of these banks' CSR projects?
The analysis indicates that environmental projects are the least preferred area of activity among the examined participation banks.
- Quote paper
- Yusuf Aker (Author), 2018, Investigation of Corporate Social Responsibility Projects of Participation Banks in Turkey, Munich, GRIN Verlag, https://www.grin.com/document/454848
