CORPORATE SOCIAL RESPONSIBILITY (CSR) is a term describing a company’s obligation to be accountable to all of its stakeholder in all its operation and activities. Socially responsible companies consider the full scope of their impact on communities and the environment when making decisions‚ balancing the needs of stakeholder with their need to make profit. A company’s stakeholders are all those who are influenced by and can influence a company’s decisions and action‚ both locally and globally. Business
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dimishes the necessity of a common and shared territorial basis for social economic and political activities‚ processes and relations Globalization include cultural‚ legal and accountabiliy issues for business ethics Who are the key actors and stakeholders? Environmental pollution and destruction of local cultures Many companies have sustainability statements We need to combine the economic‚ social and environmental – therefore we focus on the triple bottom-line as
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resources which are mostly essential elements in maintaining the global ecological balance. Therefore‚ it is crucial for these forestry companies to consider measures on their corporate social responsibility while pursuing further development in this industry. This report first outlined the corporate social responsibility (“CSR”) issues that may arise from the investment in a privately–owned timber flooring company (the “Company”) in China. Then‚ it discussed in detail each strategic issue beyond
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Corporate social responsibility is the balanced methodology for organisations to address economic‚ environmental and social issues in a way that aims to benefit individuals‚ communities and society. In this essay we will put our opinions about leadership‚ and how it can have a significant impact on how a CSR agenda and its related activities are developed and implemented. We will then focus on the comments made by Chin‚ Bambrick and Treviño (2013) and see if it’s more related to the behaviour theories
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POLYTECHNIC UNIVERSITY OF THE PHILIPPINES COLLEGE OF ACCOUNTANCY STA. MESA‚ MANILA CORPORATE SOCIAL RESPONSIBILITY AND GOOD GOVERNANCE NORTHERN CEMENT CORPORATION Group 5 Bergonia‚ Noel A. Labiste‚ Janet T. Manarang‚ Shalla Marie C. Maestrecampo‚ Diana A. Miguel‚ Sherelyn A. Mora‚ Angelina G. Rance‚ Sarah Jane M. BSA H 3-2D PROF. GLORIA TOLENTINO-BAYSA PUP‚ CoA INTRODUCTION One of the important components in constructing a house is cement. It binds the materials to build houses
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Q. Corporate Social Responsibility is one of the hottest issues in corporate boardrooms these days‚ partly because it is becoming increasingly important to employees and other stakeholders. In your opinion‚ why have stakeholders given CSR more attention recently? Does abiding by CSR standards potentially cause companies to have conflicting objectives with some stakeholders in some situation? Yes. It is very much true that CSR is one of the hottest and limelight issue in corporate world. Organization
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In the second module‚ Organizational culture was discussed. It is said that culture is corporate personality. Culture includes the underlying values‚ beliefs and norms which govern the behavior of people as members of an organization. I have learned that it so important in an organization for it influences success of people in organizations and it is also considered as one of the six key strategic building blocks of successful organizations. There are five key aspects of culture and these include
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ARTICLE RESEARCH ARTICLE Social Responsibility towards Labour Welfare in Singareni Collieries Company Limited 1 P. Swapna* ABSTRACT This attempts at addressing the aspects of social responsibility of the business in light of labour welfare with special reference to Singareni Collieries Company limited. The linkages and the ethical considerations involved in employee welfare have been addressed with implications for labour welfare. The concept of social responsibility in its narrow contours
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Corporate Social Responsibilities Tony Fernandes‚ CEO of Kuala Lumpur-based Air Asia started a low-cost airline at a time when everyone thought he would fail. He placed high emphasis on his workforce and flexible HR strategies. During the past few years‚ Air Asia has become one of the best low-cost airlines in Asia and it has also boosted its CSR efforts. Fernandes’ basic sense of CSR starts with his people: Air Asia was one of the first airlines in Asia to hire female pilots. He says that his staff
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environmental concerns when making business decisions. And this has makes CSR integral to the way of the business related to the world and potential of being success. As there is no universal standard for CSR‚ CSR can be defined by actions such as integrating social‚ environmental and economic terms into business value and actions. One of the examples would be treating the employees from foreign countries fairly as the local employee. Many businesses believe that by implementing CSR activities they will be able
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