corporate social responsbility
INTO UEA LONDON CENTRE Business Diploma English 2013 22nd November 2013
Final draft
English Assessment
Essay 1
Why organisations still implement CSR policies despite opposition from their shareholders
Word count:464
Corporate social Responsibility (CSR) is now widely accomplished in business. The term CSR is a process with the aim to embrace responsibility for the company’s actions and encourage a positive impact through its activities on the environment. In another word, CSR is the responsibility that business organisations have towards stakeholders to behave responsibility and ethically. (Worthington and Patton, 2013) In business, the main purpose of a company is maximizing their profit, which involves the shareholders’ interest. However, the CSR policies could directly affect the shareholders’ interest. This essay will examine the reason why CSR policies is complicit with the shareholders’ interest and why organisations still implement the policies in this situation in terms of the long-term profit and the environment issues.
From the CSR policies, in order to be responsibility, corporates always need to invest much capital in the different part instead of trying to maximize the profits. One view called CSR view suggests that beyond the profit, the organisations need to be responsibility for the other stakeholders and environment (Open University, 2010). However, for shareholders’ interest, to maximize the profit could be the main task. In this situation, when the CSR policies are accomplished, the interest of shareholders could be influenced seriously. For example, customers always require the high-quality products with lower price when they are purchasing. If company does the discount for them, the sales would be lower than what they expect.
One benefit that corporate could gain for
Final draft
English Assessment
Essay 1
Why organisations still implement CSR policies despite opposition from their shareholders
Word count:464
Corporate social Responsibility (CSR) is now widely accomplished in business. The term CSR is a process with the aim to embrace responsibility for the company’s actions and encourage a positive impact through its activities on the environment. In another word, CSR is the responsibility that business organisations have towards stakeholders to behave responsibility and ethically. (Worthington and Patton, 2013) In business, the main purpose of a company is maximizing their profit, which involves the shareholders’ interest. However, the CSR policies could directly affect the shareholders’ interest. This essay will examine the reason why CSR policies is complicit with the shareholders’ interest and why organisations still implement the policies in this situation in terms of the long-term profit and the environment issues.
From the CSR policies, in order to be responsibility, corporates always need to invest much capital in the different part instead of trying to maximize the profits. One view called CSR view suggests that beyond the profit, the organisations need to be responsibility for the other stakeholders and environment (Open University, 2010). However, for shareholders’ interest, to maximize the profit could be the main task. In this situation, when the CSR policies are accomplished, the interest of shareholders could be influenced seriously. For example, customers always require the high-quality products with lower price when they are purchasing. If company does the discount for them, the sales would be lower than what they expect.
One benefit that corporate could gain for