Introduction Trend towards triple bottom line reporting is undisputed. Especially for many public corporates‚ there is always a separate sustainability reporting when releasing the annual reports. For small and medium businesses‚ there is also information about social and environmental effects in annual reports‚ provided to stakeholders. But there are still many challenges‚ which impede businesses addressing triple bottom line reporting. This essay will briefly discuss the major challenges of triple
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Journal of Business Ethics (2009) 88:119–132 DOI 10.1007/s10551-008-9825-x Ó Springer 2008 Chinese Consumers’ Perception of Corporate Social Responsibility (CSR) Bala Ramasamy Mathew Yeung ABSTRACT. The findings of this article increase our understanding of corporate social responsibility from the consumers’ perspective in a Chinese setting. Based on primary data collected via a self-administered survey in Shanghai and Hong Kong and results of similar studies conducted in Europe and the
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Throughout history corporations have been able to generate an abundance of wealth for its stock holders. Since the inception of the first modern corporation the idea of giving back to society has been an issue. Corporate Social Responsibility began as a form of paternalistic philanthropy in the early 18th century and by the early 20th century has developed into necessary year round contributions. This paper traces CSR through the 18th‚ 19th‚ 20th‚ and 21st centuries‚ and also includes are major historical
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Archie Carroll’s View of Corporate Social Responsibility 1 By Rodolfo Arango Archie Carroll’s hierarchical chart depicting the four components of his view on corporate social responsibility is sketched out as a pyramid for ease of use and understanding. The pyramids wide base‚ and the foundation of this theory‚ represents “economic responsibility” the basic building block for a positive corporation. This layer of the pyramid makes the distinction that it is the responsibility of an organization is
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Business Ethics: A European Review Volume 20 Number 1 January 2011 Online privacy as a corporate social responsibility: an empirical study Irene Pollach Aarhus School of Business‚ University of Aarhus‚ Aarhus‚ Denmark Information technology and the Internet have added a new stakeholder concern to the corporate social responsibility (CSR) agenda: online privacy. While theory suggests that online privacy is a CSR‚ only very few studies in the business ethics literature have connected these
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“The social responsibility can be defined as the obligation of the organization to act in ways that serve both its own interests (making a profit) and the interests of its stakeholder.” (Sandy Millar‚ Christopher Theunissen‚ 2008‚ P69) Socially responsible organization takes action to ensure that their activities do not affect any of the stakeholders in a negative way. The McDonald’s is the leading global foodservice retailer with more than 30‚000 local restaurants serving 52 million people in more
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The Anglo – Saxons or the Old English Period 449 AD- 1066 AD Introduction “A bit charm of the past from what it is today “ A line from Tsurezureguza Everything that happened in the past has a great contribution to the present; it is something that we should treasure and something that we should remember. We can also learn a lesson from the past‚ a lesson which can help us to pursue the future with confidence. In this lesson we will learn to appreciate the beauty of Anglo-Saxon literature;
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An Assignment of Business Ethics & Corporate Governance CASE STUDIES Module I BHOPAL GAS TRAGEDY December 3‚ 2009‚ marked the 25th anniversary of the world’s worst ever industrial disaster - the gas leak that occurred at Union Carbide India Ltd’s (UCIL) pesticide plant in Bhopal (Madhya Pradesh‚ India). The tragedy that instantly killed more than 3‚000 people and left thousands injured and affected for life‚ occurred when water entered Methyl Isocyanate (MIC) storage tank No. 610
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Why has Corporate Social Responsibility become such a prominent part of the business world today? It is widely believed that Corporate Social Responsibility (CSR) is one of the most important tasks in the twenty century. Some people may consider that companies have always been the profit organizations‚ and social affairs are in charge by the government‚ which is a common sense that there are no directly relationships between each other. However‚ CSR is considered one of the key elements to sustain
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PAPER TOPIC: CORPORATE GOVERNANCE AND ETHICS Table of contents Introduction………………………………………………………………………………………3 Framework for understanding ethical decision making……………………………………………………………..5 Understanding the views of corporate governance…………………………………………………………….…...15 Corporate governance as a dimension of ethical decision making……………………………………….………...23 Corporate governance issues…………………………………………………………………………………
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