Ethics and corporate Social responsibility:- Ethics is defined as what is right and what is wrong. Every business should behave ethically. The moral principles that guide the way a business behaves are business Ethics. Ethics are moral guidelines to people or to an organisation which govern good behaviour. So behaving ethically is doing what is morally right. Doing an ethical business may always be not profitable but it will be more beneficial to company and the people involved in company as well
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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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This paper aims at explaining the overall importance of Corporate Social Responsibility (CSR) by explaining the theoretical basis of the triple bottom line concept (TBL). This concept assumes that sustainable development can only be achieved by simultaneous implementation of environmental‚ economical and social objectives. Furthermore it will contain a brief comparison of two companies with different CSR strategies. The Koninklijke Philips N.V. will be used to explain the social criteria of the
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3.6 CSR in British Petroleum Academics‚ government officials and business leaders focus prominent attention on the concept of CSR‚ specifically in the special province of environmental protection. British Petroleum (BP) has won acclaims and awards for CSR. But Swaminathan S Anklesaria Aiyar (Times of India‚ Bangalore edition 2010) argued in his article that BP has created the greatest environmental disaster in history which includes its out-of-control Macondo deep-sea well. Gulf of Mexico oil leak
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a. Why do CSR and the alcohol industry seem to be incompatible? Corporate social responsibility is a form of corporate self-regulation by which companies take into account the impact of their activities on the environment‚ consumers and all the members of the public sphere. But how is it possible to include public interest into corporate decision-making in the alcohol industry? * What does Corporate Social responsibility mean? Corporate Social Responsibility is about how companies manage
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co.in/images/comimg/corp_presentation.swf http://www.nirma.co.in/social_responsibilities.htm http://www.mallenbaker.net/csr/definition.php http://www.nirma.co.in/images/comimg/corp_presentation.swf http://en.wikipedia.org/wiki/Corporate_social_responsibility http://www.investopedia.com/terms/c/corp-social-responsibility.asp http://mhcinternational.com/articles/definition-of-csr
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contribute to the company’s vision ‘to be the standard against which others are measured’. Central to the running of these units are the values of M&S. These include quality‚ value‚ service‚ innovation and trust. Each business unit develops its own CSR strategy based around the brand value of trust. The issues tackled in the strategies are identified from a combination of customer research‚ understanding within the business and by talking with other key stakeholders‚ NGOs‚ government etc. For each
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A PROJECT REPORT ON “BUSINESS ETHICS & CORPORATE GOVERNANCE” ON “CSR of BMW Company” In the partial fulfilment for the award of the degree MASTERS IN BUSINESS ADMINISTRATION Under FOR THE YEAR :- 2014-15 [SEMESTER – IV] SUBMITTED ON :- 4 MARCH‚ 2015 TO :- PROF. DEEPA VYAS SUBMITTED BY :- [GLS1309] BHAVIR CHAUHAN [GLS1331] JAY PANCHAL [GLS1313] SANDIP CHAVDA [GLS1345] BITTU PAUL [GLS1316] ALIMOHAMMED CONTRACTOR [GLS1357] KARAN SHAH [GLS1362] RUSHIKESH
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