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Corporate social responsibility

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Corporate social responsibility
9th November, 2013

ACKNOWLEDGEMENT

For the preparation of this paper, we are indebted and there by express our sense of appreciation to Dr.Than Win, Principal of National Management College, Daw Khin Aye Win, Managing Director of STI and Saya U Naing Bwar for their kind assistance.

Participants of Group (9)
1. Eaint Kyi Phyu Khin {R.C No.70}
2. Thet Twe Tar {R.C No.1 }
3. Phoo Phoo Pyae San {R.C No.5 }
4. Yoon Wint Wint Hlaing {R.C No.12}
5. Thitsar Su Mon {R.C No.77}
6. Yin Min Aung {R.C No.53}
7. Yin Myo Thant {R.C No.24}
8. Hnin Wit Yee Thein {R.C No.64}
9. Hnin Wit Yee Thant {R.C No.10}
10. Tar Yar Lin Lat {R.C No.72}

CONTENTS

Page No.

1. Introduction 3

2. Corporate Social Responsibility

-What is corporate social responsibility 4

-Some arguments for CSR 4

-Importance of CSR and its advantages 6

3. Blended Value 8

4. Social Auditing 8

5. Ethical Responsibility

-What are ethics? 9

-Benefits of ethical responsibility 10

-Effects of ethical responsibility 10 -How can promote ethical behavior? 11

6. Conclusion 13

Introduction

Today, it is widely recognized that corporations are actors that must have responsibilities as to how they conduct their business. This concept has been around for couple of decades already, however only lately it has started to be given the applicable recognition by corporation themselves and the individuals. At the same time, what are getting along with corporate social responsibilities are ethical responsibilities, which had been emerged before the rising of corporate social responsibilities. This term-paper will define what ethical and corporate social responsibilities of business people. Corporate social responsibility (CSR) is also known as corporate conscience, corporate citizenship,

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