Strategic Corporate Social Responsibilities and Law Contents BP Company Info 3 Deepwater Horizon Oil Spill Event 4 Summary of the Deepwater Horizon Event 5 Stock price before and after Deepwater Horizon 7 Impact on Stakeholders 8 BP’s Oil Spills and Corporate Social Responsibility 9 Inadequate disclosure on the oil spill event 11 Recommendations for BP to get reputation back 13 Conclusion 14 BP Company Info BP is a global oil and gas company headquartered in London‚ United
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Contemporary ethical theory begins with G. E. Moore (1873–1958). Moore opened up new issues for consideration and altered the focus of ethical discussion. Moore believed that the task of the ethical philosopher is to conduct a “general inquiry into what is good.”This seems reasonably straightforward‚ down to earth‚ and useful. If you know what good or goodness is‚ and if you know what things are good‚ then you also know what proper conduct is‚ right? This‚ at any rate‚ is what Moore maintained
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what extent is Corporate Social Responsibility (CSR) beneficial to a company’s performance? Conventionally‚ Corporate Social Responsibility (CSR) was defined as actions businesses take to improve society’s welfare (McWilliams and Siegel‚ 2011). Currently‚ CSR has expanded into developing new business models that honor human rights‚ combat societal and environmental challenges‚ and profit companies at the same time (“Business case for CSR”‚ 2013). CSR also emphasizes on engaging shareholders in decision-makings
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of distress‚ it can help to negate or reduce the potential negative influence on their performance. CSR orientation of banks can be a useful tool for them to tide over such crises in future‚ if banks maintain their relationships with stakeholders in making their businesses more sustainability. CSR‚ among other things‚ is a key stakeholder relationship building activity. It was also found that the CSR brand does reap more relationship benefits from its social initiatives than do its competitors indicating
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Philosophy 121 Ethical Theories of Drug Reform In Popular Culture Rhonda Garcia For many years a hot topic of debate in the United States is whether or not we should legalize drugs. Many feel drug use is immoral‚ while others feel it is their natural right to choose to use drugs or not. I would like to discuss the history of drug reform and the moral perspective of natural law‚ utilitarianism and Kantian ethics over this pertinent issue that we face in the United States today. The first drug
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otherwise known as CSR‚ has been defined as the continuing commitment by businesses to contribute to economic development while improving the quality of life of the workforce and their families‚ as well as the local community and society. Studies have shown that businesses can no longer ignore communities within their areas of operations otherwise they risk harmonious coexistence. For many companies‚ managing CSR is no longer seen as an extra cost or burden. Rather‚ CSR is increasingly viewed
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a major hindrance that stops organisations in practising CSR a) No knowledge about CSR b) Inadequate financial resource c) No relevant experience and skill d) Others__________________________ Which of the following factors are the major limiting factors in your way to CSR Breadth of CSR not defined Government regulations Financial limit of CSR not defined Philanthropy can’t be measured B1. Does your company engage in CSR initiatives (by this we mean managing corporate activities
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e t a r o p r o c f o s t c a p m i y t i l i The b i s n o p s e r l a i c so Profits come first? 30 Jan 2015 2 Outline Brief introduction The proactive impacts of CSR The negative impacts of CSR CSR strategies and CSR impacts Suggestions 30 Jan 2015 3 What is CSR? Social Social Environmen Environmen tt Operation Operation Stakeholder Stakeholder (Commission of the European Communities‚ 2002) Reference: Commission of the European Communities. (2002). Corporate Social Responsibility
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ADMINISTRATION CASE STUDY – NIKE CSR (page 70) 1. In referring to the opening profile and the closing for this chapter‚ discuss the challenges regarding corporate social responsibility that companies in the apparel industry face in its supply chains around the world? Answer: There are 5 challenges related to CSR: a. Lack of awareness and benefit of CSR In fact‚ many of companies have little knowledge about CSR. In some cases‚ companies may have a greater understanding of CSR issue but lack of understanding
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Feminism is a broad term that generally means a movement that seeks gender equality and the end of sexism (MacKinnon‚ B. 2015). In ethical theory‚ feminism conflicts with the traditional approaches to morality such as‚ autonomy‚ impartiality‚ and neutrality; these values are often stressed in male dominated cultures. However‚ the female approach to morality centers on relationships (MacKinnon‚ B. 2015). It is important to note that while many women take both approaches to morality‚ men tend to
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