International Journal of Research Studies in Management
CollabWritive Special Issue
2024 Volume 12 Issue 6
Available Online: 15 July 2024
Author/s:
Shi, Xinze
Graduate School, Lyceum of the Philippines University – Batangas, Philippines
Abstract:
This study examines the relationship between visionary leadership, corporate social responsibility (CSR) practices, and workforce engagement in private enterprises in Shandong Province, China. It aims to establish a basis for a stakeholder relationship improvement framework. The research strives to achieve five specific objectives: Define and assess visionary leadership, encompassing creativity and innovation, inspirational communication, and ethical governance; identify and analyze CSR practices, focusing on environmental, social, and economic responsibilities; determine the level of workforce engagement, measured through job satisfaction, personal development, and team collaboration; test the significant relationships between visionary leadership, CSR practices, and workforce engagement; and based on the findings, propose a stakeholder relationship improvement framework. A sample of 400 employees from five private enterprises participated in the study. To achieve these objectives, a mixed-method approach was employed, utilizing a descriptive design with both qualitative and quantitative analysis. This comprehensive design ensures a thorough and accurate interpretation of the findings. Quantitative data was collected through online surveys and analyzed using statistical techniques. Qualitative data was gathered through survey and content analysis. The findings revealed a positive correlation between visionary leadership, CSR practices, and workforce engagement. Enterprises with strong visionary leadership tend to implement more effective CSR strategies and cultivate a more engaged workforce. Furthermore, the study indicates that CSR practices and workforce engagement reinforce each other creating a virtuous cycle that benefits both the enterprise and its stakeholders. Based on these results, the study proposed a stakeholder relationship improvement framework that incorporates the key elements of visionary leadership, CSR practices, and workforce engagement. This framework serves as a guide for enterprises in Shandong Province to enhance their stakeholder relationships, leading to improved performance and long-term sustainability. Further research in different regions and industries could validate the findings and broaden understanding of this important relationship. The main contents of this study include an introduction, literature review, methodology, results and findings, discussion and recommendations, proposed stakeholder relationship improvement framework, and conclusion.
Keywords: visionary leadership, CSR practices, workforce engagement, stakeholder relationship improvement framework, creativity and innovation, inspirational communication, ethical governance, environmental responsibility, social responsibility, economic responsibility, job satisfaction, personal development, team collaboration
DOI: https://doi.org/10.5861/ijrsm.2024.1076
Cite this article:
Shi, X. (2024). Visionary leadership, CSR practices and workforce engagement: Basis for stakeholders relationship improvement framework. International Journal of Research Studies in Management, 12(6), 35-44. https://doi.org/10.5861/ijrsm.2024.1076