To what extent do you agree that the main beneficiaries of CSR will always be a firm’s stakeholders rather than its shareholders? Corporate social responsibility has a number of affects for both the stakeholders and shareholders in a business. The effects on both of these will be dependent upon the type of business and the social responsibility programme which they adopt. But who benefits the most? And over time will this always be the same? All firms need to fulfil the needs of their customers
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ABSTRACT Purpose: The purpose of implementing corporate social responsibility (CSR) has been a long debated topic. However there is a lack of literature within the supermarket industry. The aim of this project is to use previous research within the supermarket industry in investigating how aware and concerned consumers are of CSR practices‚ and how CSR activities affect consumer behaviour and their ethical decision making. Method: This study used a quantitative research approach with a semi-structured
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How important is it to implement Ethics and CSR for managers of today’s organization? How does ethics and Corporate Social Responsibility affect the management of today’s organizations? Abstract This article describes the importance of ethics and corporate social responsibility for managers of today’s companies and the effect it can have. In the beginning the discussion starts with the definition of organizational culture and goes then to the part of ethics and corporate social responsibility
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What is meant by externalities? How have oil companies in Trinidad and Tobago employed solutions to externalities as part of their corporate social responsibilities (CSR)? Externalities exist when a third party bears costs or receives benefits arising from an economic transaction in which he or she is not a direct participant. This occurs when producers or consumers provide benefits to third parties or impose costs on third parties for which the market system does not enable them to receive
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INTRODUCTION Azim Hashim Premji (born 24 July 1945) is an Indian business tycoon and philanthropist who is the chairman of Wipro Limited‚ guiding the company through four decades of diversification and growth to emerge as one of the Indian leaders in the software industry. After the demise of his father‚ Azim Premji took charge of WIPRO when he was 21 instead of taking up a high paid job. He believes in the concept of come easy go easy. A money earned was of far more value
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Self Defense Techniques for women employees… 17. Work from Home… All IT/ITES…. 18. 2% profit given as performance 18. 2% profit given as performance incentives…. Infosys… is the best example for ever….. 19. Vacation Donation Programme For CSR activities… like
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accordance with international standards. STRATEGY Business Strategy ‘ENV-OĆE’ plans to provide ‘Green Solutions for the E-conscious’ through an efficient system of e-waste management. The benefits for the client are two fold • Fulfilling the CSR needs of the client company • Protection from legislative action with regards to violation of Environmental Pollution acts. The objective of our business is to structure e-waste management and make it safer for the stakeholders and the environment
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governance. See also Cadbury rules and governance Corporate governance has traditionally been the way a corporation protects the interests of its shareholders and other financiers. However‚ with heightened attention on corporation social responsibility (CSR) in the 21st century‚ the definition of corporate governance has evolved. More focus goes to balancing shareholder interests with those of other key stakeholder groups‚ including customers‚ communities and suppliers. Board of Directors
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CSR in India and Its Impact on Society Corporate social responsibility (CSR) is about how businesses align their values and behavior with the expectations and needs of stakeholders - not just customers and investors‚ but also employees‚ suppliers‚ communities‚ regulators‚ special interest groups and society as a whole. CSR describes a company’s commitment to be accountable to its stakeholders. With businesses focusing on generating profits‚ sustainability was not a popular concern among companies
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“Green building concept by Indian corporate sector” Abstract Purpose – The purpose of this paper is to examine the need and significance of green marketing and also to evaluate the initiatives taken by the Indian companies and concern for green marketing in their core business values. Design/methodology/approach – Many people believe that green marketing refer solely to the promotion or advertising of products with environmental characteristics. Generally terms like Phosphate Free‚ Recyclable
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