Corporate Governance is a concept in which it has been existence for decades; although not in the exact form that it has come to be understood today (Anandarajah‚ 2001). The term corporate governance was introduced in Malaysia in 1997 during the Asian Financial Crisis. It also drew the public’s attention on the weaknesses of the Malaysian corporate governance practice (Nor Azizah Zainal Abidin‚ 2007). Besides that‚ the downfall of Sime Bank‚ the Bumiputera Malaysian Finance (BMF) scandal‚ the irregularities
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Corporate Social Responsibility Presentation University Of Greenwich Nguyen Son Hieu‚831580 I. What is CSR? • ‘ The social responsibility of business encompasses the economic‚ legal‚ ethical and discretionary expectations that a society has of organizations at a given point in time ’ [Carroll‚ 1979] • CSR functions as a mechanism to enhance a positive impact on the environment and stakeholders. Types of CSR • CSR takes place in different forms‚ ranging from : - Giving away food or cash to charity
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by advanced technology‚ including a rapidly growing e-commerce capability‚ HSBC provides a comprehensive range of financial services: personal financial services; commercial banking; corporate‚ investment banking and markets; private banking; and other activities. Group Values and Business Principles The HSBC corporate character defines the values and principles inherent in all our everyday dealings. Group History The HSBC Group has an international pedigree which is unique. Many of its principal companies
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UK: Primark cuts three suppliers following child labour claims A News item from Business Respect‚ Issue Number 130‚ dated 17 Jun 2008 UK clothing retailer Primark has ended its contracts with three suppliers in India following allegations channelled through a BBC documentary that they used child labour to finish garments with embroidery and sequin work. The company said that the work had been improperly sub-contracted against the company’s code of conduct‚ and it had taken action accordingly
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Corporate Social Responsibility Toyota March 2012 Team 3 – Team Academia Arlene Mitchell-Washington Christopher Malcolm Christian Marquez Valarie Johnson Ali Moazzeni This presentation is prepared for course AMBA 610 taught by 2/2/2012 Thursday‚ January 24‚ 13 Team Academia - AMBA 610 - Project 1 1 Corporate Social Responsibility - Toyota Corporate Social Responsibility Policy In Aug of 2008‚ Toyota introduced it’s revised CSR Policy – Highlights of the Toyota CSR Policy o Take
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Corporate Social Responsibility Being a company that prospers is very much different than a company that is consistently following a guided work ethic while making revenue. Companies these days may participate in under the table schemes or anything to make that extra buck. Very a few industries willingly follow corporate social responsibility. Corporate social responsibility (which will now be referred to as CSR) is a business firm’s intention‚ beyond its legal and economic obligations‚ to do the
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2.0 Background to the organization Firefly is the wholly-owned subsidiary by the Malaysia Airline System Berhad (MAS). Firefly is launched on April 3rd 2007 as well as it is the Malaysia’s first community airline that operated under FlyFirefly Sdn Bhd. the Malaysia’s first community airline also known as a new Malaysian no-frills airline. The name of Firefly is come from the characteristics of agility‚ brilliance‚ charm‚ and fun. Firefly offers a full service point-to-point carrier. The
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Corporate Social Responsibility Corporate social responsibility is defined in several ways. Some of which are the following: A concept of business ethics based on the idea that companies have stakeholders who are broadly defined as anyone or group affected by the activities of the company. The idea of CSR is that a company should be accountable to its stakeholders. For this reason the subjects of CSR focus on how companies should identify and “engage” stakeholders and how they should determine
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1.1 What is Corporate Social Responsibility? The theory of corporate social responsibility (CSR) is best elucidated by the statement that a company should take a wider view of how its actions and success impact society and stakeholders. CSR identifies that "doing well" and "doing good" go hand in hand. (Leadership and CSR: a Perfect Match). A commonly used definition provided by the World Business Council for Sustainable Developement states that CSR is "Continuing commitment by a business to
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and adoption of corporate social responsibility as a matter of course (David Henderson 2004). The stakeholder groups‚ for instance‚ governments‚ communities‚ suppliers‚ employees‚ customers and stockholders persistently claim administrators to dedicate capitals to corporate social responsibility (McWilliams and Siegel 2001‚ 117). Despite the fact‚ strategic corporate social responsibility is far more selective on being a standing corporation rate citizen and also addressing the social issues that the
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