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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A LITERATURE REVIEW: THE IMPORTANCE OF ETHICS AND SOCIAL RESPONSIBILTY IN ORGANISATIONAL CONTEXT TABLE OF CONTENTS COVER PAGE TITLE PAGE1 1. INTRODUCTION3 1.1 Organizational Context4 1.2 Ethics and social responsibility5-6 1.3 The Importance of Ethics and Social Responsibility7 1.3.1 The importance of Ethics7-8 1.3.2 The Importance of Social Responsibility8-9 2. AGRUMENTS ON IMPORTANCE OF ETHICS AND SOCIAL RESPONSIBILITY10 2.1 Arguments For10-11 2.2 Arguments Against12
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CORPORATE SOCIAL RESPONSIBILITY (CSR) is a term describing a company’s obligation to be accountable to all of its stakeholder in all its operation and activities. Socially responsible companies consider the full scope of their impact on communities and the environment when making decisions‚ balancing the needs of stakeholder with their need to make profit. A company’s stakeholders are all those who are influenced by and can influence a company’s decisions and action‚ both locally and globally. Business
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PART A The concept of corporate social responsibility (CSR) is very modern and now applies to more and more business. As the nation population grows‚ the market also expands. The demand for companies that invest in CSR has increased the resent years from: customer; employees; suppliers; community groups’ government as well as some shareholder. Several authors argue that companies can gain enormous benefits by being social responsible. However‚ there are a large number of different views of companies
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Social Report is now essential for business Introduction The corporate social responsibility (CSR) reports are used in annual report of the company; expressing how caring they have been over the last financial and how they intend to continue to be in the future. One of the most significant corporate trends of the last decade is the rapid growth in activities associated to corporate social responsibility (CSR). According to Business for Social Responsibility (BSR)‚ CSR is defined as “achieving
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Corporate Social Responsibility Corporate social responsibility is an obligation beyond the law requirements‚ for a company to pursue goals that are beneficial to the society in one way or other. It also refers to the commitment and dedication of a firm to contribute to the society’s economic development for the betterment of the community. Definition According to Kotler et al (2005‚ pp.3)‚ “Corporate social responsibility is a commitment to improve community
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Corporate Social Responsibility CSR is a win- win opportunity for companies‚ financial investors and society at large * Corporate Social Responsibility * “CSR is about how companies manage the business processes to produce an overall positive impact on society.” Business has a responsibility to give it back to society * Corporate Social Responsibility Corporate social responsibility (CSR): * An obligation‚ beyond that required by the law and economics‚ for a firm to pursue
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Counselor Ethics & Responsibilities Patrice Walker Grand Canyon University: PCN 505 09/18/2013 Ethics & Responsibilities Counselor’s ethics and responsibilities are a very important part of their job. There are ethical codes set for counselors to perform by. The responsibilities of counselors range and vary due to clients and their situations. One of a counselor’s main priorities is to protect their clients’ privacy. Counselors have the ethical responsibility to understand
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H&M. Ethics and social responsibility of the Swedish fashion giant (case study) Author: Maria Roszkowska-Śliż‚ Katedra Teorii Zarządzania‚ Kolegium Zarządzania i Finansów‚ Warsaw School of Economics Source: “Style and Substance. Sustainability Repot 2009”‚ H&M 2010 Warsaw‚ 2011 H&M Ethics and social responsibility of the Swedish fashion giant H&M is one of the world’s largest fashion company employing 76 thousand people. The company‚ established in Sweden in 1947‚ owes now around
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The Social Responsibility of Starbucks Social Responsibility is defined as the duty of a business to make choices and direct actions that will benefit society. Because this definition is so broad‚ the idea is often skewed and many managers are not entirely sure which steps will take them in the “right” direction; however‚ right is a relative term‚ what’s right to the management team may not be what’s right for the company. Starbucks is a one such company whose top-level managers are actively
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