DSRT 736 UC Retail Industry Journal Reflection

Description

Here are some things to consider:Identify a topic in your specialization. (For IT students, Information Technology is not a topic, however, Millennial’s perceptions of smart phone technology could be a topic. For leadership students, leadership or leadership styles would be too broad. You could, however, compare leader and followers perceptions of leadership styles in private four year institutions. These are examples).What is the cited problem? The problem you want to address has to come from the literature, and be cited, who are saying there are problems.What is the population you would like to address?What methodology are you planning on using? (If you are unsure, do you plan on a quantitative or qualitative study? You will determine your methodology in 839).Locate at least one article related to your topic. What was the research question in the study? Who were the participants in the study? What findings were reported?1
Week 1- Journal Reflection on Topic Ideas
Student Name
University Affiliation
Course
Professor
Date
2
An Analysis of the correlation between corporate social responsibility and financial
performance in the Retail Industry
Corporate social responsibility (CSR) is regarded as the effort for a company to improve
the society where it operates. Some of the efforts noted in the company include donating money
or even coming up with environmentally-friendly policies. CSR has been featured to be
important as it leads to improved trust in the public, developing good understandings, increased
profits and sustainability, and encouraging and improving professional and personal growth.
Hence, CSR is important to the company in different ways. The research will focus on analyzing
the relationship that exists between CSR and financial performance in the retail industry. It
focuses on understanding how CSR affects financial performance.
The main problem that the research will focus on is the effect that CSR has on the retail
industry and how it affects financial performance in this industry. Understanding CSR and its
impact on financial performance is key to achieving CSR and ensuring that the company can
benefit society. The population that I will address is to use online businesses to understand CSR
and how to achieve it. To carry out the research, I plan to use a qualitative study. This is a study
that focuses on collecting nonnumerical data. The research will use secondary sources and case
studies to collect the required information.
Gaio & Henriques, R. (2020) focused on analyzing if organizations that focus on CSR
activities have improved financial performance than those companies that do not focus on these
activities. The research used 266 listed companies from 14 industries and 15 European countries
that are recognized in STOXX Europe 600. The result indicated that companies focusing on CSR
approaches financially perform well than their peelers.
3
References
Gaio, C., & Henriques, R. (2020). Social responsibility and financial performance: the case of
STOXX Europe Index. Corporate Social Responsibility.
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