Strategic Corporate Social Responsibility and Value Creation among Large Firms Lessons from the Spanish Experience Bryan W. Husted and David B. Allen Can corporate social responsibility (CSR) be a source of good and a wellspring of innovation‚ competitive advantage and value creation for the firm? Although CEOs and government leaders insist in public that CSR projects create value for the firm‚ privately they admit that they do not know if CSR pays off. To address this question and drawing on
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SIXTH FRAMEWORK PROGRAMME PRIORITY 7 ‘Citizens and Governance in a Knowledge Based Society’ Understanding and Responding to Societal Demands on Corporate Responsibility (RESPONSE) Contract no.: PL 506462 Final Report DRAFT – Comments Welcome RESPONSE RESEARCH TEAM: Maurizio Zollo‚ INSEAD‚ Academic Director‚ MC chair Valeria Berchicci‚ INSEAD Adri Tolstrup‚ CBSc Lourdes Casanova‚ INSEAD‚ MC member Katrine Goul Dueholm ‚ CBS Donal Crilly‚ INSEAD
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Corporate social responsibility Social accounting‚ auditing‚ and reporting For a business to take responsibility for its actions‚ that business must be fully accountable. Social accounting‚ a concept describing the communication of social and environmental effects of a company’s economic actions to particular interest groups within society and to society at large‚ is thus an important element of CSR.[16] Social accounting emphasizes the notion of corporate accountability. D. Crowther defines social
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CLIMATE CHANGE AND CORPORATE GOVERNANCE [pic] BY SHIRLENE KOLA-BANKOLE 03005093 CLIMATE CHANGE AND CORPORATE GOVERNANCE “We believe Climate Change is one of the most significant environmental challenges of the 21st century... voluntary action alone cannot solve the problem.” Henry Paulson‚ CHAIRMAN‚ GOLDMAN SACHS INTRODUCTION Environmental challenges‚ particularly climate change are something we all have to think about. Politicians from David Cameron to Gordon
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Corporate Responsibility and Society June 13‚ 2013 While commuting home from work‚ you take a detour through a residential area to avoid a congested main artery. Because only a few drivers take the detour‚ it removes several minutes from your commuting time due to the light traffic. Is your action generalizable? I do believe that my actions would be generalizable; therefore it would not pass the generalization test. According to Hooker‚ the meaning of generalization test is that the reason
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of this paper is to analyze the kind of agency problems that emerges between The Hershey Company and their stakeholders and shareholders. To answer this‚ a review of the company`s board structure and ownership structure was made. Thereafter two specific situations that has occurred in recent times was used as case examples to enlighten the agency problems suggested to emerge by the corporate structure. Ownership Structure Whinston and Segal defines ownership as a set of rights and obligations
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APPENDIX A: RESEARCH PROPOSAL RESEACH PROPOSAL COVER SHEET | Surname | PHILLIPS | First Name/s | LUNGILE | Student Number | 105024 | Subject | RESEARCH METHODOLOGY | Supervisor | Prof. Raga | Tutor’s Name | | Examination Venue | East London | Date Submitted | 18 – 02 - 2013 | Submission (√) | First Submission | x | .resubmission | | Postal Address | 17 INVERARY STREET | | HAVEN HILLS | | AMALINDA | | | | EAST LONDON |
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CORPORATE GOVERNANCE What is Corporate Governance? It is a set of systems‚ principles and processes by which a company is governed. It provides guidelines as to how the company can be directed or controlled so that it can fulfil its goals and objectives in a manner that adds to the value of the company and is also beneficial to all the stakeholders in the long run. The term was first used by Robert Ian in his book in the year 1984. It addresses the issues facing the Board of Directors such as
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A Taxonomy of Systems of Corporate Governance This paper argues that debate on corporate governance in an international context is hampered by the lack of a coherent framework. A taxonomy of systems of corporate governance is proposed as a remedy. The taxonomy is based upon eight related‚ yet discernible characteristics: (1) the prevailing concept of the firm‚ (2) the board system‚ (3) the salient stakeholders able to exert influence on managerial decision-making‚ (4) the importance of stock markets
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CORPORATE GOVERNANCE IN FAMILY BUSINESSES IN SERBIA PhD Katarina Djulic‚ Faculty of Economics‚ Finance and Administration‚ kdjulic@fefa.edu.rs MSc Tanja Kuzman‚ Faculty of Economics‚ Finance and Administration PhD Katarina Djulic is Assistant Professor at FEFA on subjects of Corporate Finance and Corporate Governance. She also works as Senior Consultant in KPMG Serbia. She worked as an Associate Operations Officer at the International Finance Corporation‚ World Bank Group‚ on the Corporate Governance
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