CSR PRACTICES OF INDIAN FIRMS In order to have some insight into the various practices and initiatives taken by the corporates some leading Indian firms were selected which are Hindustan Unilever Ltd‚ ACC Ltd‚ Ashok Leyland Ltd.‚ Apollo hospitals Enterprise Ltd.‚ DLF ltd.‚ Ultratech Cement‚ Pepsi Co. India. HINDUSTAN UNILIVER LTD. Hindustan Uniliver Ltd. 4 is the India’s largest Fast Moving Consumer Goods Company with a heritage of over 75 years in India. With over 35 brands spanning 20 distinct
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Wal-Mart – Stakeholder and CSR policies Executive summary In this report I’ll try to show why Wal-Mart decision 8 years ago to develop a stakeholder management and a corporate social responsibility plan was a good decision for the company. The company realised that its image wasn’t really good in the public opinion; they were unable to communicate and reach the African-American community‚ they have a bad reputation toward women and also suffer from a lot of critics about their negative effect on
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Groups and teams are a major feature of organisational life. The work organisation and its sub-units are made of‚ are groups of people. Most activities of the organisation require at least some degree of co-ordination through the operation of groups and teamwork. An understanding of the nature of groups is vital if the manager is to influence the behaviour of people in the work situation. Groups are an essential feature of the work pattern of any organisation. Members of a group co-operate in order
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Group Roles Tiye Jackson and Alexandra Monserez will serve as the harmonizers of Group 10. They will mediate group conflicts and reduce any tension between members. Ann Lorrayne Bzoch will serve as the gatekeeper by encouraging other members to participate and serve their role. Kelsey Harris will serve as the summarizer by keeping track of what occurs at group meetings. Sarah Hawkins will serve as the encourager by praising and supporting the thoughts and actions of other group members. Lastly‚ Caroline
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In regarding to construct a CSR committee‚ several reasons should be emphasized. Nowadays‚ CSR is an important idea that help firms lead the market and industry and create value of a firm rather than meaningless decoration that is a waste of money. First of all‚ accounting and auditing industry is services-based‚ which requires firms to compete for qualified employees. Having a strong name and displaying strong social value will not only attract more intelligent and competent employees‚ but also
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The Coca-Cola Company and its CSR policy There is no doubt that one of the most popular multinationals today is The Coca-Cola Company. It has strong CSR policy where “CSR” is not only about being responsible for customers and fans around the world but also being aware of employees’ needs. Talking about employees - The Roberts Environmental Center at Claremont McKenna College in California publishes annual analyses of corporate environmental and social reports (together called sustainability
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summary: The paper discusses various reasons why there is so little research done on corporate social responsibility and sustainable development in the field of international business research. This although the interest in CSR and sustainable development is growing rapidly‚ since CSR and sustainable development are more and more included in the internationalization strategies of MNE’s. A number of conceptual and methodological challenges are indicated. These are: the low amount of valid data‚ the
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3-1 CSR Journal 1: CSR Strategy If you were the CSR officer for a company of your choosing‚ what would your CSR strategy be and what issues would you focus on? Identify the stakeholders this strategy applies to. Describe the impact of the competitive forces shaping your strategy. Taking into consideration‚ I feel I have not worked with CSR much in my current position at my current employer; I am going to take a stab at it and look at my own employer for this exercise. This is an entirely new concept
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_______________ Adv Prof Dev & Res: Project Proposal and Plan Page 1 Mayur Sojitra 000594653 STUDENT NAME: MAYUR POPATLAL SOJITRA STUDENT ID NUMBER: 000594653 PROPOSED TITLE FOR DISSERTATION: Pharmaceutical Industries and CSR in India: Relationship between CSR Activities and Financial Performance of Pharmaceutical Industries Project Overall Aims and Objectives The modern base of globalisation and ethical behaviour has considerably changed the basic philosophy of Corporate Social Responsibility
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Economists are of the view that the social responsibility of business should be limited to its economic duty. Discuss. In broad terms‚ social responsibility is an ethical theory that an entity‚ be it a company or an individual has an obligation to conduct its activities to benefit society at large. Carroll‚ in his 1991 article "The Pyramid of Corporate Social Responsibility‚ identifies four areas that make up a corporate social responsibility pyramid: legal‚ economic‚ ethical and philanthropic
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