Corporate Social Responsibility (CSR) has progressively become known as a germane issue in the corporate world for the past decade. Making the world a better place‚ socially and environmentally‚ is a global accepted phenomenon. According to Porter & Kramer‚ 2006‚ “corporate social responsibility has emerged as an inescapable priority for business leaders in every country.” The objective of this review is to discuss benefits of CSR on the hotel industry. What is CSR? Corporate social responsibility
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Ethics and CSR Chapter 9 Ethics Connock and Johns (1995) define ethics as the following 3 elements; • Fairness • Deciding what is right and wrong • Practices and rules which underpin responsible conduct between groups and individuals Billington (2003) lists five distinctive features of ethics; • Nobody can avoid ethical decisions‚ we make ethical decisions every day of our lives • Ethical decisions matter‚ they affect the lives of others • Although ethics
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_____________________________________________________________________________________________ CORPORATE SOCIAL RESPONSIBILITY (CSR) Corporate Social Responsibility (CSR) in Hindustan Unilever Limited (HUL) is rooted in its Corporate Purpose - the belief that "to succeed requires the highest standards of corporate behavior towards our employees‚ consumers and the societies and world in which we live". HUL’s CSR philosophy is embedded in its commitment to all stakeholders -- consumers‚ employees‚ the environment
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by being aware of the effects of their activities in the community and take measures to control them because this can affect the community and the environment by polluting the air‚ destroying the ecosystem‚ over using natural resources and so on. CSR is often called corporate citizen which means that companies should be good neighbors of the community not to work against it but collaborate with the citizen or the society in order to increase their welfare‚ to make a community a better place to live
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This paper aims at explaining the overall importance of Corporate Social Responsibility (CSR) by explaining the theoretical basis of the triple bottom line concept (TBL). This concept assumes that sustainable development can only be achieved by simultaneous implementation of environmental‚ economical and social objectives. Furthermore it will contain a brief comparison of two companies with different CSR strategies. The Koninklijke Philips N.V. will be used to explain the social criteria of the
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ACC704 BUSINESS ETHICS & GOVERNANCE MAJOR ASSIGNMENT T1 2015 Topic: CSR Disclosure in Public Listed Companies Annual Report - Fiji Name: Sanjini Devi Singh ID: S2009003935 Declaration I hereby declare that this project was entirely my own work and that any additional sources of information have been duly cited. I hereby declare that any internet sources from which I have quoted or drawn reference have been referenced in the contents list. Name: Sanjini Devi Singh Signature: ………………
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America…………………………………………………………………….18 2.3 Stakeholder Theory and Stakeholder Awareness…………………………………19 2.4 Drivers of CSR in developing countries………………………………………………..19 2.5 Corporate Social Responsibility in Nigeria…………………………………………..22 2.6 Ways CSR varies in emerging markets………………………………………………...25 2.7 Effectiveness of CSR in emerging markets…………………………………………...27 2.8 CSR theories and theoretical approach………………………………………………..28 2.9 Case study………………………………………………………………………………………….29
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CSR and globalization Corporate social responsibility is at least in its name and formal recognition a relatively recent phenomenon. Yet‚ owners and managers of firms have engaged in activities that we would now consider CSR almost from the beginning of the industrial revolution (Davis‚ Whitman and Zald‚ 2006). But‚ until the 1990s‚ CSR was generally limited to corporate philanthropy. It is from the early 1990s that enlarged concepts and practices of CSR have come to the fore. What drove these
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CSR REPORT ANALYSIS McDonalds Corporation Table of Contents Different Approaches to Analyze the CSR programme3 Defensive Approach3 Accommodative Approach4 Proactive Approach5 Activities and Initiatives6 Stakeholder Analysis10 A Critical analysis11 A Marketing Ploy?11 Responding to claims12 McLibel12 Response To Criticism 13 Sustainable Supply Chain14 Nutrition and Well-Being 14 Environmental Sustainability15 Employees16 Conclusion16 Bibliography17 Three
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1. Introduction Corporate social responsibility (CSR‚ also called corporate responsibility‚ corporate citizenship‚ and responsible business) is an idea of considering the interests of society by corporations. Companies take responsibility for the impact of their actions on customers‚ suppliers‚ employees‚ shareholders‚ communities and other stakeholders‚ as well as the environment. This obligation is seen to extend beyond the statutory obligation to comply with legislation and sees organizations
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