business world‚ even if they are not written down and which business people ought to adopt. For instance business people are expected to afflict least suffering to their customers‚ being fair in their dealings and nurturing an enduring virtuous corporate character in totality. Business ethics are important because they keep business people to operate within a moral and legal pedestal which not only leaves them satisfied internally but also increases sales because most people like dealing or doing
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Social Responsibility of the Online Gaming Industry The Gaming Industry does not escape as any other industry in acting responsibly and being sensible to the society in which it operates. Since the early 50s and 60s when the gaming industry was targeted and tagged as one controlled by criminals‚ and as cited earlier in this paper‚ the industry has been regulated constantly to prevent customers to be the target and profit and limit the expansion of the gambling criminal activities. But with
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Academy of Management Review 2008‚ Vol. 33‚ No. 2‚ 404–424. “IMPLICIT” AND “EXPLICIT” CSR: A CONCEPTUAL FRAMEWORK FOR A COMPARATIVE UNDERSTANDING OF CORPORATE SOCIAL RESPONSIBILITY DIRK MATTEN York University‚ Toronto JEREMY MOON University of Nottingham We address the question of how and why corporate social responsibility (CSR) differs among countries and how and why it changes. Applying two schools of thought in institutional theory‚ we conceptualize‚ first‚ the differences between CSR in the
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Ethical Issues and Social Responsibility Case Analysis: BP (Beyond Petroleum) Beyond Petroleum (BP)‚ one of the world’s largest energy companies has seen many highs and lows over its 100 history. Throughout BP’s 100 year history there have been numerous questions about the company’s ethical conduct. These ethical misconducts include fraud‚ environmental crimes‚ regulatory negligence‚ and the endangering of habitats (Thorne‚ D.M.‚ Ferrell‚ O.C.‚ & Ferrell‚ L.‚ 2011). With the multiple
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To what extent is Corporate Social Responsibility (CSR) beneficial to a company’s performance? 1. Introduction As the magnitude of social and environmental implications of corporate activities is being recognised‚ there has been growing interest in corporate social responsibility (CSR). Business for Social Responsibility (BSR) defines CSR as “achieving commercial success in ways that honor ethical values and respect people‚ communities‚ and the natural environment.” Over 90% of the Fortune 500 companies
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2 A CASE STUDY OF CORPORATE SOCIAL RESPONSIBILITY: A SUSTAINABLE TOOL OF COMPANIES’ DEVELOPMENT IN VIETNAM By HOANG THUY HANG October 2011 Supervisor: Dr. PHAM DUC HIEU ABSTRACT With the increasing effects of ASEAN over the world‚ Vietnam is an ideal market for corporations. Furthermore‚ becoming the member of WTO since 2007 is an opportunity as well as the threats for local companies. Following the globalization trend‚ corporate social responsibility (CSR) has been the vital
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IMPACT OF CORPORATE SOCIAL RESPONSIBILITY ON BUSINESS PERFORMANCE – CAN IT BE MEASURED‚ AND IF SO‚ HOW? The Berlin International Economics Congress 2012‚ March 7th-10th‚ 2012 Presented by Dd. Dipl.-Vw. Malte Kaufmann‚ The Bucharest Academy of Economic Studies malte.kaufmann@immo-kaufmann.de and Prof. Marieta Olaru‚ Ph. D.‚ The Bucharest Academy of Economic Studies olaru.marieta@gmail.com Abstract This paper examines the question of measurability of the impact of Corporate Social Responsibility on Business
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Sports maunfacutring industry | Environmental‚ Sustainability and Social Responsibility | Adidas versus Nike | | | 12/8/2011 | | Group #1 Adidas vs. Nike 12/08/2011 Environmental‚ sustainability and social responsibility reports are always created for vast amounts of companies around the world. Adidas and Nike are huge competitors in the sports manufacturing industry. Adidas is the second largest manufacturer of sporting equipment and clothing in the world behind the
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INDEX HISTORY OF PRIMARK PESTEL ANALYSIS SWOT ANALYSIS CORPORATE GOVERNANCE CORPORATE SOCIAL RESPONSIBILITY AND ETHICS CONCLUSION REFERENCES Evaluate the internal and external influence on Primark and relate to it to best practices‚ corporate governance‚ corporate social responsibility and ethics? Majority organizations need best practices for achieving organizational objectives in the terms of profit‚ social and ethics issues. Primark’s best practice frame work is discussing
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Social Responsibility and Market Failure: A Position Paper Social Responsibility refers to the loyalty of the executives of a company to important social objectives as opposed to shareholders‚ employers‚ and owners. A socially responsible company is much more likely to try to keep customer service high and prices lower‚ even though increasing prices would be in the better interest of the business. It is important for the economy because a socially
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