CSR Course Reflection – Inside India: Discovering New Realities Corporate Social Responsibility (CSR) & Corporate Shared Value (CSV) Before reflecting on the related Indian course module‚ it’s pertinent to have a better understanding of how CSR has evolved over the years‚ and how more companies are now subscribing to CSV to remain relevant. In many countries around the world‚ economic activities are mainly organised by business entities‚ while governments‚ due to lack of resources‚ withdraw from
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individuals can have social responsibilities and that the purpose of a corporation is to provide the highest possible returns to shareholders while obeying all the laws and regulations. There are 5 main arguments against CSR. First of all‚ it lowers economic efficiency and profits. CSR also imposes unequal costs among competitors and imposes hidden costs which are passed on to stakeholders. Also‚ more often than not‚ carrying out these social responsibilities require skills which businesses may lack
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Financial 4 2.2 Social 5 2.3 Environment 6 2.3.1 Energy Efficiency and Climate Protection 6 2.3.2 Sustainable Packaging 6 2.3.3 Recycling 7 3. Corporate Social Responsibility 8 3.1 Ethical CSR 8 3.2 Altruistic CSR 8 3.3 Strategic CSR 9 4. Company’s Success 11 Conclusion 13 References 14 Appendices 16 I Mrs. Betsy Ching The Coca-Cola Company ERCBA211 Executive Summary The Coca-Cola Company is the most well-known
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owners with their s obligations to an ever-broadening group of stakeholders who claim both legal and ethical rights. This article will explore the nature of corporate social responsibility (CSR) with an eye toward understanding its component parts. The intention will be to characterize the firm ’ CSR in ways that might be useful to executives who wish to reconcile their s obligations to their shareholders with those to other competing groups claiming legitimacy. This discussion will be framed
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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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2 Business case of CSR Abstract On the tracking thread toward understanding the concept and aspects of a sustainable business in this course‚ the inclusive wide concept of corporate social responsibility is an key approach which feeds sustainable development pattern. This paper aims to look at the CSR concept in relation to business case issue and argue the business case of CSR in different positive or negative perspectives. Reflection on business case of CSR Social corporate
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DISCLAIMER Notes to the Annual Report on Form 20-F This PDF version of the Unilever Annual Report on Form 20-F 2012 is an exact copy of the document filed with the SEC at www.sec.gov. Certain sections of the Unilever Annual Report on Form 20-F 2012 have been audited. These are where indicated on pages 23 to 29. The Annual Report on Form 20-F 2012 references the Unilever Annual Report and Accounts 2012. The sections of the Unilever Annual Report and Accounts 2012 that have been audited are set out
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4. CSR in SMEs It is important to know how CSR is defined and understood by SMEs; lots of research has been carried out in relation to how CSR is viewed by large firm but research about CSR in SMEs are very few and limited‚ this fact shouldn’t take away the enormous importance in understanding how CSR is defined‚ understood and undertaken by small firms‚ after all‚ as stated by the Australian Centre for Corporate Social Responsibility (2012) small to medium-sized firms account for about 90 percent
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Corporate Social Responsibility (CSR) in construction‚ real estate and related industries and analyzing the marketing strategy of the company ‘ENKA’ upon its level of commitment to CSR. For: CEM Assignments Office Date: 27/02/2013 From: Deniz Berkan Unsal Moscow‚ Russian Federation List of Contents 1.0 Summary 2.0 Question 1: Discussing the issues involved in CSR‚ and giving examples illustrating the benefits and limitations of making a commitment to CSR from the point of view of organizations
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members of the public sphere who may also be considered as stakeholders1‚ we prepared this summary to review the key Corporate Social Responsibility (CSR) issues arise from this investment. In this summary‚ we will also provide suggestions and solutions to XYZ Company we will also provide suggestions and solutions to XYZ Company for better fulfillment of its CSR. Plantation and Sourcing Since XYZ Company has global supplier relationship and owns plantations in both China and Guatemala. The company
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