Four gaps in social responsibility in the social domain and the impact which they have in government, business, and local communities.(CSR)

CSR provides competitive and comparative advantage to the company. It is a voluntary or discretionary act but incorporating it into the company strategy gives an added advantage. CSR creates “isomorphic pressure to institutions (Thiel, 2016). Furthermore, the burden of initiating and implementing CSR seem to be solely on the shoulder of businesses, government plays watchdog and regulatory role and communities often maintain their passivity to reciprocate back. These have created a gap while exhibiting social responsibility in the social domain which is listed below. 

Knowledge gap one: Socio-economics as social responsibility:

The socio-economic domains include the factors like consumer, employee and occupational health. The vigilance of the business/corporation lies within this periphery which should be wider than this and it's inadequate.

The lack of well-developed socio-economic domain often becomes liability for the government, business, and local communities. If the company is not paying the remuneration competitive as prevailing in the society, it will have a negative impact in the business as the employees will be de-motivated to work more and might lose their productivity. These will ultimately shrink the economy and government social protection cost may increase.

Knowledge gap two: Social well-being and social development:

The social well-being and development do not encompass the border dimension of sustainability, it only focuses on the sustainability of society, the focus on the social parameters alone creates the limitation to the advancement of the social domain of sustainability.

The focus on the social well-being and social development includes the enhancement of the standard of living, reduction of the poverty level, catering and uplifting the marginalized sector of the society. Jeff Bezos, CEO of Amazon pledge $2 billion for homeless people and constructing preschool for marginalized people. These act helps to create social-development in the community. Otherwise, the poverty will create social conflict and often increases social crime.

Knowledge gap three: Social responsibility of stakeholders:

For sustainability stakeholder’s participation is a must. The current sustainability science does not include and engage all the affected and responsible stakeholder groups. The stakeholder should also be proactive in the CSR and its sustainability.

Understanding stakeholder is of prime importance, the business of the company may erode if they are not able to acknowledge the stakeholder interest. Lots of Oil refinery in the US got close as they were not able to compensate well their stakeholders. They got strong opposition from the environmentalist. These created a new era of clean and renewal energy.

Unequal social responsibility among the corporation, local communities and government:

The societies role of CSR is not adequately covered by the social domain. And the role of government and business in CSR is deemed to be higher without any reciprocation from the communities.

The responsiveness should come from the individual as well as governmental level. The negative externalities of e-cigarette in high school students has compel the regulator to issue an ultimatum to the e-cigarette producer to handle the issue otherwise the government will ban it.

Bibliography

Thiel, M. (2016). The Social Domain in CSR and Sustainability: A Critical Study of Social Responsibility among Governments, Local Communities and Corporations. New York: Routledge.