References: 3. KPMG India. "Corporate Social Responsibility (CSR)"‚ 2010‚ 4 9. O ’Brien‚ Jim. “CSR Consulting”‚ 2009‚ (Diagram at Definition Section) 10 17. R.H. Gray‚ D.L.Owen & K.T.Maunders‚ Corporate Social Reporting: Accounting and accountability (He Hempsteameld: Prentice Hall‚ 1987) p. IX. 18. D. Crowther‚ Social and Environmental
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Ethonomics‚ CSR‚ and Sustainability I-Lin Lee Southern New Hampshire University October 9‚ 2012 Abstract With the advance of knowledge‚ people ’s awareness of morality grows gradually. Since the last few centuries‚ with the society changes constantly‚ several issues such as moral economy‚ business ethics‚ and sustainable development‚ are derived by degrees and discussed increasingly. As the society is getting wealthier‚ the corporate social responsibility are not any more decided only by interests
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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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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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INDIVIDUAL GUIDED READING Article Title | Freeman‚ R. (1984). Stakeholder management: framework and philosophy. Strategic management: a stakeholder approach. Chapter 3‚ | Article Summary | The article introduced the concept of “stakeholders” – group and individual who affect‚ or are affected by ‚ the achievement of an organization’s mission. The article then discussed how the stakeholder management framework can be used to better understand and manage both internal and external change and
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in the article wrote by Thomas L. Friedman “Stuff Happens to the Environment‚ like Climate Change” (The New York Times) where it is explained how climate change is taken differently by all the large industrial economies‚ including United states. Friedman’s claim is that some candidates running for presidents do not pay attention to the severity of these problems and why voters should not vote for them‚ which is a good start to address climate problems. Friedman uses valid points to persuade the reader
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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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