Comparative study of methodologies for measuring corporate social responsibility
International Journal of Development Research
Comparative study of methodologies for measuring corporate social responsibility
Received 17th March, 2018; Received in revised form 26th April, 2018; Accepted 20th May, 2018; Published online 28th June, 2018
Copyright © 2018, Rita de Cássia Mutarelli. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
The Corporate Social Responsibility (CSR) is a current issue increasingly present in the strategic planning of the companies. Although managers of public or private organizations have turned their attention to social and environmental issues in their strategic actions, measuring the social responsibility of a company is not an easy task. This paper aims to observe the eight most relevant methodologies of CSR measurement and establish a comparative analysis among them by considering the scope and feasibility of each methodology. The most relevant CSR methodologies were selected. The main characteristics of each of the eight tools were observed and compared. The results demonstrated that although most methodologies have strong measuring characteristics the Ethos Indicators consist of the most effective tool for measuring CSR mainly regarding the institutional issues
