Corporate social responsibility (CSR) and share price performance are strategic in nature. As a result, organizations must give disclosure and report such initiatives to stakeholders as well as shareholders. The value is revealed in the share price of the public organizations (Bevan, 2010). The boost in share value of socially responsible companies surpasses companies which don’t involve in any reporting of corporate social responsible activities (Robinson, 2010).
In this report, we will talk about the relationship between share price performance and disclosure of corporate social responsibility in Mark & Spencer (Robert, 2009).
Marks and Spencer is one among the dominant retailers of clothing, home products, food, and financial services of United Kingdom. 10 million people do shopping every week in more than 375 Marks and Spencer stores in the United Kingdom (Goldenberg, 2009). Additionally the Company has 155 stores run under franchises in twenty eight countries, generally in European, the Middle Eastern, Asian and the Far Eastern countries, and stores in the Republic of Ireland, Hong Kong and the United States supermarket group, Kings Super Markets. Marks and Spencer is formed in business units that cover food and general products (Retail Technology, 2012). The general products unit has been further divided into clothing of women, menswear, beauty, home etc.
In proportion to the current focus on the advantages of Corporate Social Responsibility, it is argued that Marks and Spencer’s social commitment with its stakeholders produces resources which create durable benefits for the company (Bookbinder, 2010). In this study, CSR is viewed as an important resource for Marks and Spencer and it makes possible better lasting share price performance. Corporate Social Responsibility is the valuable resource for Marks & Spencer, it is found that CSR-linked shareholder proposals which are implemented by the small margin of votes produce better financial performance (Stokes, 2012).
Table of content
Introduction
Research objectives
Research questions
Literature Review
Corporate Social Responsibility
Corporate Social Responsibility and Capital Markets
Corporate Social Responsibility Disclosure
Methodology
Types of research
Primary research
Secondary research
Scope of qualitative research approach
Scope of quantitative research approach
Ethical issues in research approach
Data sources (income statement of Mark & Spencer
Profit and dividends. 17
Time Framework
Reference
Relationship between share price performance and disclosure of corporate social responsibility of M & S
Frequently Asked Questions
What is Corporate Social Responsibility (CSR)?
CSR refers to a business model where companies integrate social and environmental concerns into their operations and interactions with stakeholders.
How does CSR affect the share price of Marks & Spencer?
The report argues that M&S’s social commitment creates resources that lead to better long-term share price performance compared to companies that do not report CSR activities.
Who are the main stakeholders of Marks & Spencer?
Key stakeholders include shareholders, employees, customers (over 10 million per week), and the communities in which M&S operates.
What business units does Marks & Spencer operate?
M&S is divided into food, financial services, and general products (clothing, beauty, home products).
What research methodology was used in this study?
The study uses both qualitative and quantitative approaches, including primary and secondary research, analyzing data sources like income statements and dividends.
Why is disclosure of CSR important for public organizations?
Disclosure reveals the company's value to stakeholders and can lead to a boost in share value as socially responsible companies are often favored by investors.
- Quote paper
- David Moss (Author), 2012, Relationship between share price performance and disclosure of corporate social responsibility of M&S, Munich, GRIN Verlag, https://www.grin.com/document/270814
