4 Approaches to CSR Corporate social responsibility is the management’s obligations to make choices and take actions that will contribute to the welfare and interests of society as well as the organization. CSR can be a difficult concept to be understood because different people have different beliefs as to which actions improve society’s welfare. To make matter worse‚ social responsibility covers a range of issues‚ many of which are ambiguous with respect to right or wrong. Eg. Kmart declare bankruptcy
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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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CORPORATE SOCIAL RESPONSIBILITY Case Study about the CSR of Nike prepared by Paul SOMER TABLE OF CONTENTS • Background of the implementation of CSR at Nike (besides the existing legal commitment) • Activities of Nike regarding CSR • Responsibility by impementing the Environmental Apparel Design Tool • • Nike Responsibility Governance Conclusion and future prospects BACKGROUND FOR CSR OF NIKE • In 1992 it became public that Nike produces in Indonesia at minimum wages • Strike in the production
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because of the people in Benetton who have never forgotten the early spirits. Benetton family seems that they still remember hardship and effort of old days. These visions of Benetton can be seen in their various CSR. The spirit did not just stop‚ they are practicing it! Among various CSR‚ the most interesting thing is advertisement campaign. Through these shocking pictures in posters‚ Benetton tells socially sensitive problems and carves them to people’s memory. Surely‚ we think its first purpose
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share. By dominating the market‚ Baidu becomes one of the most successful IT companies. . However‚ by applying Carroll’s three dimensions model of CSR with combining stakeholder management approach into the corporate social performance assessment‚ it is questionable to say whether Baidu is qualified to be a good corporate citizen. As Baidu’s CSR report doesn’t reveal the most critical issues or related solutions‚ such as censorship and key word bidding promotion system. By implementing four
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The company that has first 3 letters similar to mine is Adidas & the other company in the same sector was Nike. The Mission statement of Adidas is : “The Adidas Group strives to be the global leader in the sporting goods industry with sports brands built on a passion for sports and a sporting lifestyle. We are dedicated to consistently delivering outstanding financial results. We are innovation and design leaders who seek to help athletes of all skill levels achieve peak performance with every
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Ethonomics‚ CSR‚ and Sustainability I-Lin Lee Southern New Hampshire University October 9‚ 2012 Abstract With the advance of knowledge‚ people ’s awareness of morality grows gradually. Since the last few centuries‚ with the society changes constantly‚ several issues such as moral economy‚ business ethics‚ and sustainable development‚ are derived by degrees and discussed increasingly. As the society is getting wealthier‚ the corporate social responsibility are not any more decided only by interests
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CORPORATE SOCIAL RESPONSIBILITY CSR is about how companies manage the business process to produce an overall positive impact on society Achieving commercial success in ways that honor ethical values & respect people‚ communities & natural environment CSR OF WALT DISNEY COMPANY “ CSR is not a cosmetic‚ it must be rooted in our values‚ it must make a difference to the way we do our business” WALT DISNEY CO. The Walt Disney Company is one of the largest and most well-known corporations
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Accounting & Info Management Sustainability Project September 30‚ 2014 Corporate Social Responsibility (CSR) is a highly discussed and sometimes debated subject for companies as well as their shareholders and customers. As we conducted research for purposes of this project‚ it was easy to conclude that there are a multitude of definitions and interpretations for exactly what CSR means. Also‚ there are many inconsistencies as they relate to various metrics and indices used to determine both
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international markets‚and consequently enounter various risks not normally attributed with domestic markets (Beck 1993). In developing countries such as Nigeria the regulatory frameworks may exist but are not adequatley enforced. Hence‚The intent of CSR activities performed by multinationals are not always well determined‚ And powerful multinationals such as Shell have emerged as the major players in this era of globalization‚ largely inhibited by domestic regulation (Rwabizambuga 2007)‚ but what is
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