fact‚ 95 per cent of the 250 largest global companies now report on their CSR activities (KPMG‚ 2011). The main focus of this paper is to critically discuss corporate social responsibility initiatives of multinational corporations operating in global arena and to build around the idea that in order to stay competitive and at the same time remain as ‘responsible entity’ in the eyes of stakeholders MNCs ought to implement CSR initiatives as an integral part of their business strategies in the context
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Economists are of the view that the social responsibility of business should be limited to its economic duty. Discuss. In broad terms‚ social responsibility is an ethical theory that an entity‚ be it a company or an individual has an obligation to conduct its activities to benefit society at large. Carroll‚ in his 1991 article "The Pyramid of Corporate Social Responsibility‚ identifies four areas that make up a corporate social responsibility pyramid: legal‚ economic‚ ethical and philanthropic
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International Business Research; Vol. 5‚ No. 7; 2012 ISSN 1913-9004 E-ISSN 1913-9012 Published by Canadian Center of Science and Education CSR within SMEs: Literature Review Amina Kechiche1 & Richard Soparnot2 1 Department of Law‚ Economics and Social Science‚ Institute of Business Administration‚ University of Tours‚ Tours‚ France 2 Loire Valley University/CRESCEM/ESCEM‚ Groupe ESCEM‚ Tours‚ France Correspondence: Richard Soparnot‚ Professor of Strategy and Management‚ Loire
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a manufacturer and marketer of basic petrochemicals‚ including olefins‚ aromatics‚ polyethylene and polypropylene plastics and a variety of specialty products. In addition‚ the Company has interests in electric power generation facilities. 1.1. CSR
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Case Study Proposal| CSR- A Revolutionary Turning Point or Just a Fad for Engro Corporation.| Submitted to: Ms. Nyla Ansari20th November‚ 2012| CSR- A revolutionary turning point or just a fad for Engro Corporation. Reason for choosing this topic: In recent decades the notion of Corporate Social Responsibility (CSR) has evolved to be a strong strategy for businesses to survive in a brutal market environment. In a world where market’s shift and consumers’ preferences become more erratic
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Deakin Research Online Deakin University’s institutional research repository DDeakin Research Online Research Online This is the published version: McDonald‚ Gael 2007-03‚ Business ethics and the evolution of corporate responsibility‚ Chartered accountants journal‚ vol. 86‚ no. 2‚ pp. 12-14. Available from Deakin Research Online: http://hdl.handle.net/10536/DRO/DU:30024088 Reproduced with the kind permission of the copyright owner. Copyright : 2007‚ Institute of Chartered Accountants
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CSR ACTIVITIES CARRIED OUT BY THE ORGANISATION TEAM 5 SIVARANJANI.K SHRI GOWTHAM.M DINESH KUMAR.S BALA MURUGAN.M
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COLLOQUIUM REPORT ON DOMESTIC VIOLENCE AND CORPORATE SOCIAL RESPONSIBILITY (CSR) Domestic violence has been described as any violent or aggressive behavior within one’s home‚ which involves violent abuse of one’s partner (or anyone in the family). Domestic violence may involve action or words. We have seen a rising trend in such violence‚ but it is also one of the most underreported crimes. So‚ what can companies do to ensure that people don’t keep mum about such violence? Is it at all beneficial
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Case Study Nike’s CSR Challenge Case Questions 1. In referring to the opening profile and the closing case for this chapter‚ discuss the challenges regarding corporate social responsibility that companies in the apparel industry face in its supply chains around the world? - There have been cases reported abusive treatments in more than a quarter of its South Asian plants. Another report is that 25%-50% of factories in the region restrict access to toilets and drinking water during the workday
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Wal-Mart – Stakeholder and CSR policies Executive summary In this report I’ll try to show why Wal-Mart decision 8 years ago to develop a stakeholder management and a corporate social responsibility plan was a good decision for the company. The company realised that its image wasn’t really good in the public opinion; they were unable to communicate and reach the African-American community‚ they have a bad reputation toward women and also suffer from a lot of critics about their negative effect on
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