Does CSR have a significant impact on your company’s performance?

Preparation part:
I need help with the second part of my master thesis. The theory is already written. It would be great if you could read through it so that you can build on it and know what it is about. The file Theoretical part is uploaded. Especially the hypotheses have to be answered later in the analysis part.Hypotheses:· Hypothesis 1: Socially conscious startups are more likely to be successful than traditional ones.· Hypothesis 2: There’s no link between the sector a startup is operating in and its commitment to doing good in the world.· Hypothesis 3: In order to make a company more appealing to investors, CSR is an important strategy for new businesses.
1. METHODOLOGY (Research strategy,data collection method, Qualitative data collection, Qualitative sampling technique, Ethical Implication 2500 words2. ANALYSIS, Discussion and Recommendations 7000 words3. CONCLUSION 1500 words
First and foremost, the methodology have to be described. I conducted 7 interviews with startups and asked them about CSR topics. The interviews are in the file sector. This questions I want to have considered.
1. What is the importance of CSR for you/your company? What kind of measures are you already implementing? What positive effects do your measures have?2. Does CSR have a significant impact on your company’s performance?3. Do people applying for jobs with you pay attention to social activities of the employer and a sustainable and environmentally friendly business model?4. How have you implemented social responsibility in your company? As a founder, did you try to implement sustainability in each of your major decisions or did you hire people to take care of this area from the beginning?5. CSR is an attractive factor in the marketing area and of course for the environment and future, however CSR measures also cost money. For startups, profitability should be the first priority in order to compete in the market as well as to survive in the long run. Were there CSR measures that cost you more than they benefited you or did you have to do without something?6. Do you think that companies that establish CSR in their corporate structures are more successful in the end than those that do not? Or if you don’t establish it, are more likely to fail in the future? Or is it just a momentary trend that many companies are taking advantage of to gain prestige?7. How do investors benefit from corporate social responsibility? Has Establishing CSR helped you in your search for investors?
INTERVIEW Partners are:Headfound GmbH Cologne (Recruiting Sector)Medicorum Tam Berlin Covidtest Station (temporary business)Senbax Computer GmbHTaxfixFoodpunkZeitgoldM.DocThese interviews would have to be read and summarized, respectively the most important things would have to be filtered out of them. The outline already exists, but it can be changed or adapted.
OUTLINEA. Methodology· This chapter will examine how the study will be carried out, which includes different elements like data collection and analysis process. It includes the research strategy, qualitative research considerations, and ethical implications of the study.i. Research Strategy – The research will adopt the case study approach, where data will be collected through semi-structured interviews with a view to answering the research questions. Case study strategy involves exploring the research phenomenon or topic within a number of real-life contexts or within its context. It may be considered the opposite of experimental studies because it does not allow the research to manipulate particular behaviors. The case study approach is appropriate for this study because the purpose is to gain an in-depth understanding of the importance of adopting social responsibility for startups which is the research focus.ii. Data collection method – The study will largely rely on primary data with a qualitative research design for data collection. Qualitative data is often predominant in exploratory research, which is the position of this research study. Interviews with the research subjects are considered the most suitable data collection tool for this study. Besides, there are different types of interviews that can be adopted when carrying out this type of research with a critical connection to the research strategy, research design, and research question. The study will therefore use structured interviews that will be qualitatively analyzed to enable an in-depth collection of information and understanding of the topic.iii. Qualitative data collection – Qualitative data will be gathered through semi-structured interviews. It will offer a brief overview of semi-structured interviews and their advantages or disadvantages over the other strategies.iv. Qualitative sampling technique (Here you can write about the asked questions in the interviews and why you choose them)v. Ethical Implication
B. Results and Analysis-> Analyse the 7 Interviews and provide your findings.
C. Discussion
D. RecommendationsPlease think here of also other recommendations which maybe fit better. The possible recommendations towards attaining social responsibility for startup companies include:
a) Establish realistic goals.o Educate or create awareness of an issue in your areao Provide solutions with the resources you already haveo Address an immediate issue within your community
b) Thinking about sustainability.o Discouraging any unsustainable practices and industry standardso Encouraging carpooling or use environmentally friendly carso Creating energy-efficient policieso Implementing eco-friendly lighting and plumbing in officeso Participating in recycling programso Working a paperless environment, whenever possible (using Docusign etc.)
c) Choose and Collaborate with compatible organizations or clients
d) Ethical labor practices.o Create a safe and healthy work environmento Provide fair compensation for their serviceso Enable growth opportunities within your companyo Value their worko Treat your employees with respect and dignity
e) Create and carry out an actionable list of taskso Be passionate about helping otherso Educate your employees.
E. Conclusion – This section includes an overall summary of all the major points, including the research process and relevant findings.