Social responsibility is defined as the organizations obligation to maximize their positive impact on stakeholders‚ and to minimize their negative impact on stakeholders. Social responsibility embodies what is fair as well as represents stakeholder’s rights. Companies have the social responsibility to be profitable‚ to obey the law‚ to be ethical‚ and to be philanthropic. For example‚ social responsibility has a strong relationship with profitability because if a company’s image or conduct is questionable
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“Social Accounting Practices in India as a Corporate Social Responsibility” soniuttranchal@gmail.com Concept: The concept of Social Accounting originated in different forms by Adam Smith in 1776‚ Later on‚ Karl Marks and Engel also expressed their views about social costs in 1844. Pigou in 1920 also elaborated the divergence of Social and Private Costs. The concept of social accounting was clearly introduced in the 1970’s and later this concept received serious consideration from
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the foundation‚ which is to help‚ improved the quality of education. We want to clarify how Insular Life Foundation is related to over all mission and vision of the company? Answer: The foundation has its own vision‚ which is aligned to the corporate mission. “Committed partner for self-reliance and helping communities we served.” The key words in our vision are commitment‚ self-reliance and helping communities. When we say commitment‚ it refers to longevity. We make sure that in every project
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Re-take exam IB55 29 Jan-05-Feb 2013 OPTION 2 This is the mandatory Cover Page to be attached to your exam paper if you choose to work with OPTION2 Dynamic Corporate Social Responsibility: Apple‚ Inc. Marcello Montrone INTRODUCTION The social psychologist Kurt Lewin (1890-1947)‚ once wrote: “There is nothing as practical as a good theory”. According to this saying we tend to consider theory very important and that it can be helpful to guide us on the correct way. This
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Corporate Social Responsibility Hashim Rizwan 250631955 MOS 3353 550 Bill Iwrin Corporate social responsibility can simply be identified as a duty‚ which is not a legal obligation lately‚ under very much consideration by every multinationals‚ as well as the growing firm. The ongoing concern is meant to increase the awareness between the business Individuals‚ to implement and draw line which should clearly indicates that what social obligation an organization has towards the
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“while working to enhance shareholder wealth ‚ Maruti Suzuki will regularly engage with all stakeholders to assess their needs and through its products‚ services ‚ conduct and management initiatives ‚ promote their sustained growth and well being Policy Guidelines Company will follow responsible business practices in all its function and operations and will strive to implement them at its suppliers‚ dealers and other business partners. Company will continue to remain ahead of law in pursuit of
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Kwame Nkrumah University of science and technology School of Business College of arts and social sciences This research instrument is designed to collect data for a study on the topic the “the effect of corporate social responsibility on the organizational growth. ( a case study of Vodafone Ghana Kumasi) Please thick [ ] where necessary A THE ORGANISATION QUESTIONNAIRES PART I: DEMOGRAPHIC AND SOCIAL CHARACTERISTICS 1. NAME ……………………………………………………………………………… 2. POSITION……………………………………………………………………………
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1. The Future of Corporate Social Responsibility in the Philippines – What can be expected and what are the trends that would shape CSR in our country for the next ten years. Due to the slow growth of the Philippine economy‚ Corporate Social Responsibility was being implemented and practiced by the corporations. It is based on the Philanthropic stage or what we call “kawang gawa”. Philippine CSR practices are generally manifested through donations or gratuitous activities and the public views
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Name: Aja Mariama Danso Kaplan ID: C0357076 LJMU: 480466 Topic: Corporate Social Responsibility- The Evaluation of the Co-operative Bank’s CSR and Ethical Stance Contents Page 1. Introduction ………………………………………………………………….. 2 2. Corporate Social Responsibility ……………………………………………... 2 2.1 Carroll’s CSR Models ……………………………………………………. 2 2.2 Modern CSR Argument ………………………………………………….. 3 2.3 Introduction of 3C-SR Model ……………………………………………. 3 3. The Co-operative bank
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In recent years‚ the concept of ethics and social responsibility are essential in the business world as society is increasingly paying attention on the social responsibility of the companies and the ethics of their managers. According to Post et al (1996)‚ ethics refers to standards of behaviour and moral judgement differentiating right from wrong. In addition‚ Bartol et al (2003) defined managerial ethics as “standards of conduct and moral judgement managers’ use conducting their business”. The
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