Corporate Social Responsibility (CSR) – UNITED LABORATORIES United Laboratories is the largest pharmaceutical company in the Philippines. Established in 1945‚ it enjoys a dominant market share (around 20 percent) compared to other pharmaceutical companies operating in the Philippines. It also has a significant presence in neighboring countries such as China‚ Hong Kong‚ Singapore‚ Malaysia‚ and many others. From its early days its core mission has been to provide a wide range of high quality products
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Case Study :: Fair & Lovely Group-2 (MM) PGEXP-2012-14 Fairness and Color in Indian History It was way back in the 1970s‚ when Hindustan Lever Ltd (HLL) launched its first version of FAL. At that time‚ the market was dominated by the cold cream manufacturers‚ such as Ponds and Lakme (HLL was subsequently to acquire these firms). Before this‚ the ’fairness ’ aspect of creams was not directly mentioned‚ though some products did advertise that they
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1. Do you think that the Interface approach is an example of how a company can successfully apply the CSR filter? Why or why not? 2. Could this approach be applied in the company or organization in which you work‚ have worked‚ or study? Why or why not? 1)I think after reading all the articles and chapters till now‚ this is the first time when i have truly felt CSR could actually be possible and make a difference from an Internal Stakeholder point of view. Profitability is seen to be the number
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The common factor between them all the critics comes down to how you can rewrite the definition of CSR as one that makes it easiest for you to dismiss it. So‚ for instance‚ some people argue that an approach to corporate social responsibility that achieves business benefits is nothing of that sort - THAT’s just good business. So CSR must be only those things that are of no direct benefit to the business - ie. philanthropy. Cue the arguments about how CEOs should not be giving shareholders money away
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ECONOMIC ANALYSIS – SHORT TERM Indian economy is third largest economy in Asia and growing with 2nd most growth rate in the world. Despite the above fact‚ presently it is going through one of the turbulence times. The growth rate of India has slowed down to 6.5% for the FY12 and outlook for FY13 is between 6.5% to 7%. Inflation and interest was at higher levels during the FY 2011-12. Adding to this‚ higher Fiscal deficit and CAD lead to depreciation of currency to Rs. 55 a dollar. Yield on G-Sec
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change. Mr Koh Juan Kiat explained that adopting CSR brings intangible benefits such as a good reputation for the company‚ high morale among employees and improved performance and attracts investors. Employees will also take greater pride in their company and this will affect productivity (Tay 2009). A enterpise‚ which has the ambitious goal‚ will attempt to bulid the CSR programs to arrive win-win. The enterpise can make the use of reputation for CSR programs to promote corporation’s strength or earn
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Corporate social responsibility (CSR) is an important part of companies’ businesses plans. Economically speaking it opens doors to obtain business in new country. Companies have learned to be more sensitive to social issues and human rights. Socially speaking CSR improves life of current generation and future ones to better what satisfy individuals and make social atmosphere pleasant and more secured. Oil and gas industry plays important role in managing operations‚ HSE‚ CSR programs‚ reducing ecological
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Dell CSR Company Profile Michiel van Dijk & Irene Schipper Amsterdam‚ May 2007 Dell – CSR Company Profile Colofon Dell CSR Company Profile By: Michiel van Dijk & Irene Schipper February 2007 Stichting Onderzoek Multinationale Ondernemingen (SOMO) Centre for Research on Multinational Corporations This document is licensed under the Creative Commons AttributionNonCommercial-NoDerivateWorks 2.5 License. To view a copy of this license visit: http://creativecommons.org/licenses/by-nc-sa/2
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large. This in the last decade has been commonly referred to as Corporate Social Responsibility – CSR (Crane‚ A.‚ Matten‚ D.‚ Spence‚ L. 2008). As Carroll (1979‚ cited in Carroll‚ 1991) states that‚ CSR included the idea that the corporation has not only economic and legal obligations‚ but ethical and discretionary (philanthropic) responsibilities as well. However‚ the definitions of the term CSR may depend on individual perceptions of responsibility that in turn relate to the bigger picture defining
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from the 1.4 trillion people. One of the US based company‚ which it’s going to invest 35% of its stake‚ to a fast growing China private-owned timber flooring company. Like most local Chinese company‚ CSR is not implementing in that company as well as no management working on it. Generally speaking‚ CSR (Corporate Social Responsibilities) is a form of corporate self-regulation integrates into business model‚ in which a company monitors and ensures its active compliance with the spirit of law‚ ethical
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