EJBO Electronic Journal of Business Ethics and Organization Studies Vol. 12‚ No. 1 (2007) Positioning Stakeholder Theory within the Debate on Corporate Social Responsibility Manuel Castelo Branco Lúcia Lima Rodrigues Introduction The present-day conception of corporate social responsibility (CSR) implies that companies voluntarily integrate social and environmental concerns in their operations and interaction with stakeholders. The European Commission defines it as “a concept whereby companies
Premium Corporate social responsibility Social responsibility Business ethics
Timberland’s Corporate Social Responsibility –Under New Ownership By Sarah Sarjeant How would you characterize Timberland’s exercise of its corporate power in society? Is Timberland using its influence responsibility? If so‚ how? • I would characterize Timberland’s exercise of its corporate power in society as “Corporate Social Responsibility”. Timberland is being socially responsible towards society and is acting in a way that enhances society. Timberland is practicing the “iron law of responsibility”
Premium Social responsibility
Corporate Social Responsibility: Indian Experience Dr. Devendra Kumar Assistant Professor L. N. Mishra College of Business Mangement‚ Muzaffarpur Email: devenswamy@rediffmail.com Prologue: India is a fast growing economy and is booming with national and multinational firms. At the same time‚ the Indian land also faces social challenges like poverty‚ population growth‚ corruption‚ illiteracy just to name a few. Therefore it is all the more imperative for the Indian companies to be sensitized
Premium Corporate social responsibility Social responsibility Business ethics
corporate social responsiblity and new zealnd business The concept of corporate social responsibility has been developed rapidly in last century. Milton Friedman‚ the famous Noble Prize-winning economist‚ who indicated that the corporation’s social responsibility is to maximize profit which has addressed a heated debate about corporate social responsibility in last forty decades. This article is going to discuss different positions toward Friedman’s theory and whether it is suitable for New Zealand
Premium Corporate social responsibility Social responsibility Business ethics
To what extent is Corporate Social Responsibility beneficial to a company’s performance Corporate Social Responsibility is a philosophy that relates to a business being a part of the society‚ so acts in a way that not only advances its own firm but also serves the society as well. Good ethics is the cornerstone of sustainable development. In the long run‚ unethical behavior may harm customers and the society as a whole. Furthermore‚ it damages a company’s image‚ efficiency and effectiveness
Premium Corporate social responsibility Social responsibility Sustainable development
Corporate Social Responsibility Corporate Social Responsibility Corporate social responsibility (CSR) can be defined as the "economic‚ legal‚ ethical‚ and discretionary expectations that society has of organizations at a given point in time" (Carroll and Buchholtz 2003‚ p. 36). The concept of corporate social responsibility means that organizations have moral‚ ethical‚ and philanthropic responsibilities in addition to their responsibilities to earn a fair return for investors and comply
Premium Social responsibility Corporate social responsibility Sociology
Corporate Social Responsibility - What does it mean? CSR is about how companies manage the business processes to produce an overall positive impact on society. The World Business Council for Sustainable Development in its publication "Making Good Business Sense" by Lord Holme and Richard Watts‚ used the following definition. "Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of
Premium Corporate social responsibility Business ethics
Corporate social responsibility Corporate Social Responsibility (CSR) is a concept whereby organizations consider the interests of society by taking responsibility for the impact of their activities on customers‚ employees‚ shareholders‚ communities and the environment in all aspects of their operations. This obligation is seen to extend beyond the statutory obligation to comply with legislation and sees organizations voluntarily taking further steps to improve the quality of life for employees
Premium Corporate social responsibility Business ethics
CORPORATE SOCIAL RESPONSIBILITY : A REPORT ON HOTELS (a) Introduction Sales‚ consumer purchases fundamentally have always remained informed by quality; price and convenience but there had been a big change towards responsibly produced commodities. For example the demand in all of Europe for fair trade goods had raised from 51% in 2008 to almost 79% in 2012‚ consumer awareness for ethically produced commodities has also substantially risen. (Goff‚ 2012). Corporate Social Responsibility (CSR)
Premium Business ethics Corporate social responsibility Business
CORPORATE SOCIAL RESPONSIBILITY AND THE SOCIETY By: saheli chakraborty Introduction Corporate social responsibility (CSR)‚ also known as sustainable responsible business (SRB)‚ or corporate social performance‚ is a form of corporate self-regulation integrated into a business model. Ideally‚ CSR policy would function as a built-in‚ self-regulating mechanism whereby business would monitor and ensure their adherence to law‚ ethical standards‚ and internati onal norms. Business would embrace
Premium Corporate social responsibility Social responsibility Business ethics