sustainable growth‚ which makes it appealing for the companies to be active in corporate social responsibilities (CSR). CSR became widespread due to a lot of factors and some of them are pressures from non-governmental organizations (NGOs)‚ activists and multinational companies who spreads their CSR beliefs and practices (Beckman et al‚ 2009). These pressures forced firms to be active in CSR‚ which is actually beneficial not only to the
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Nationalisation of Banks Despite the provisions‚ control and regulations of Reserve Bank of India‚ banks in India except the State Bank of India or SBI‚ continued to be owned and operated by private persons. By the 1960s‚ the Indian banking industry had become an important tool to facilitate the development of the Indian economy. At the same time‚ it had emerged as a large employer‚ and a debate had ensued about the nationalization of the banking industry. Indira Gandhi‚ then Prime Minister of India
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H&M is one of the largest fashion companies in the world that designs and sells men’s‚ women’s‚ and children’s clothing‚ as well as homeware and accessories. It began as a Swedish women’s wear store in 1947 and has evolved into five brands‚ encompassing about 2‚800 stores in 48 countries on four continents‚ and employing over 94‚000 people worldwide1. H&M strives to produce increasingly sustainable fashion while making it accessible and affordable to individuals all around the globe by pursuing
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Investment bank Vs. Commercial banks Many factors directly and indirectly caused the ongoing 2007–2012 global financial crisis which started with the US subprime mortgage crisis. One of the main culprits that is often pointed to as one of the main triggers of the global financial crisis are the mortgage derivative products‚ where risky mortgages were packaged with more traditionally secure mortgages and sold to corporate investors and other banks as secure investment products. This packaging of
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References: Dr. GALLIARA A .MEENA (2010). Study Material in Corporate Social Responsibility (CSR). GautamRicha‚ Singh Anju (2010) Corporate Social Responsibility Practices in India: A Study of Top 500 Companies‚ Global Business and Management B Arora‚ R Puranik (2004) A review of corporate social responsibility in India Bajpai‚ G.N. (2001)‚ “Corporate
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Social Responsibility? The theory of corporate social responsibility (CSR) is best elucidated by the statement that a company should take a wider view of how its actions and success impact society and stakeholders. CSR identifies that "doing well" and "doing good" go hand in hand. (Leadership and CSR: a Perfect Match). A commonly used definition provided by the World Business Council for Sustainable Developement states that CSR is "Continuing commitment by a business to behave ethically‚ and contribute
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CSR COMMUNICATION IN THE PHARMACEUTICAL INDUSTRY AN ANALYSIS OF THE WEBSITES OF THREE PHARMACEUTICAL WHOLESALERS MASTER THESIS Author: José Javier Levrino (JL82847) Supervisor: Anne Ellerup Nielsen MA in Corporate Communication Århus‚ Denmark. August 2010 CSR COMMUNICATION IN THE PHARMACEUTICAL INDUSTRY José Javier Levrino Table of contents Abstract 1. Introduction 1.1 Motivation 1.2 Problem statement 1.3 Delimitation 1.4 Methodology 1.4.1 1.4.2 1.4.3 1.4.4 Scientific paradigm: hermeneutics
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CSR as Social Obligation Over the last century‚ many scholars tried to conceptualise CSR and its management applications. Bowen (1953) was the first to launch the concept of CSR as a social obligation. According to him‚ CSR is a social obligation “to pursue those policies‚ to make those decision‚ or to follow those lines of action which are desirable in terms of objectives and values of our society”. Carroll (1979)‚ following Bowen’s thinking‚ identified four stages of CSR development: economic
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Jumeirah Group | Corporate Social Responsibility | | 2nd of May 2011 Table of Content 1. Introduction 1 2. Jumeirah and Corporate Social Responsibility 2 2.1. Existing Programmes 2 2.2. Establishing a CSR Plan for Jumeirah and its Implementation 4 2.3. Organizing CSR 4 2.4. Potential Programmes 5 2.5. Actions to be taken 6 3. Conclusion 7 Bibliography 8 1. Introduction Jumeirah Group is an international luxury hotel chain and hospitality company and part of Dubai
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Linking Arms towards a Sustainable Future Ayala Land Sustainability Report 2008 Linking Arms towards a Sustainable Future The dream of a sustainable future begins with actions rooted in the present. At Ayala Land‚ we realize that to make a difference‚ the crucial strides towards a sustainable tomorrow must be made today as global warming and environmental problems loom over the horizon. Now is the time to act with utmost urgency and focus for the sake of our children and future generations
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