How Corporate Social Responsibility Affect Educational Institutions and Stakeholder’s Outcomes: Meta-Analytical Review
The higher education sector spends a substantial amount to practice the corporate social responsibility (CSR). But unfortunately, the studies pertaining to measuring the CSR persuasion on the stakeholder’s outcomes are not vividly found. Therefore, the study objectives are to measure the relationship between the CSR activities and stakeholder’s outcomes precisely in the higher education institutions of Pakistan. The meta-analysis was conducted on the thirty seven studies. The outcome of meta-analysis confirmed that in most of the studies there exist a positive association between the CSR activities and stakeholder’s outcomes. The study population was faculty, staff and students of private universities of Khyber Pakhtunkhwa, Pakistan. The consequence of the path analysis exhibits that the CSR is a substantial constructive conjecture of stakeholder’s outcomes. The study found that the CSR activities are directly influenced upon the stakeholder’s outcomes within higher education institutions of Pakistan. The study recommended that the competent authorities of higher education institutes must organize seminars that provide the detail, dynamics and knowledge of CSR and how CSR work and put influence upon the stakeholders.
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