sIMPACTS OF CSR : 1)ON BUSINESS COMPANY: a.ENSUREMENT OF WORKERS’ RIGHTS AND BENEFITS: By implimenting csr‚the company has ensured workers’ rights and benefits and their is no need to create a collective labour agreement and maintain existence of a trade union. b.PROTECTION FROM PROTESTS AGAINST THE INDUSTRIES: The responsibilities towards the emplyees are well fulfilled by the company by satisfying them and so the employees need not to protest against the industries. c.RELATIONSHIP BETWEEN
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e t a r o p r o c f o s t c a p m i y t i l i The b i s n o p s e r l a i c so Profits come first? 30 Jan 2015 2 Outline Brief introduction The proactive impacts of CSR The negative impacts of CSR CSR strategies and CSR impacts Suggestions 30 Jan 2015 3 What is CSR? Social Social Environmen Environmen tt Operation Operation Stakeholder Stakeholder (Commission of the European Communities‚ 2002) Reference: Commission of the European Communities. (2002). Corporate Social Responsibility
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Siemens and the illusion of CSR and codes of business integrity Siemens just settled on a major international corruption case. It turns out that over the past decade Siemens and some of its subsidiaries made at least 4‚283 payments either to public officials or “agents” to secure or retain contracts. The estimated amount of the payments made in more than ten countries surpassed $1.4 billion. During the current case‚ the criminal damages from Siemens were calculated to amount for up to $2.7 billion
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research papers are devoted to the relationship between Corporate Social Responsibility and a given company ’s financial result. CSR has been identified as the duty of organizations to be responsible for their environment and for their stakeholders‚ in a way that takes into account not only financial aspects (Go ̈ ssling and Vocht‚ 2007). A particularly broad definition of CSR was presented at the World Business Council for Sustainable Development: ‘‘Corporate Social Responsibility is the continuing
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corporate social responsibility (CSR) by examining six sets of factors conventionally considered as promoting outcomes consistent with core principles of social responsibility: intra-organizational factors‚ competitive dynamics‚ institutional investors‚ end-consumers‚ government regulators and non-governmental organizations. Each factor is addressed conceptually‚ empirically‚ and with respect to its likely future significance in promoting outcomes consistent with CSR. Our overall conclusions are not
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of families‚ the quality of life and even the very future of the planet. Significantly‚ most companies are still not reporting relevant Corporate Social responsibility (CSR) information. Some studies have found that most CSR reporting is of descriptive‚ self-congratulatory nature‚ alluding more to good intentions than actual CSR programs and rarely reporting any bad news about companies’ relationship with the environment”. Corporations have significant impacts on society‚ people’s life and environment
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CSR Does social responsibility & morality have a role in business? Yes，I think so. Any business will have various stakeholders such as investors‚ employees and customers etc. Before investment‚ investors will consider the company’s reputation‚ which involves the aspect of CSR.And customers become increasingly care about the environmental and social effect of a business. A company that fulfills its social responsibility will gain a more sustainable future than a company who fail to do so.
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of the company’s corporate societal marketing efforts Corporate social responsibility (CSR) can be defined as the business practices that are based on ethical values‚ in order to meet the legal requirements‚ as well as respect for people‚ communities‚ marketplace and environment (what is corporate social responsibility‚ 2002). They are many different ways to determinate CSR‚ but the main purpose of the CSR can be explain as the management of stakeholder are giving concern toward the responsibility
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Tourism is global phenomenon that has evolved tremendously in the past century. These transformations have depended on and benefited from the emergence of Western Capitalism and capitalist economies (Chambers 2010: 15). Initially restricted to the tourism of the “preserve of elites” (Urry 1991: 4) the “Grand Tour” has over time become an easily accessible universal experience‚ defining the characteristics of the modern man and consequently is the “largest industry in the world” (Urry 1991: 5). Although
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which they operate. First‚ it is the corporations’ obligation to recognize and solve the social problems they created. Then‚ business should be socially responsible to fulfill the expectation of today’s socially conscious consumers. Last but not least‚ CSR is the essential key to sustainability and success in the future. To begin with‚ business should take a significant role to maximize its positive impacts and minimize its negative impacts in the society‚ using their rich resource and technology.
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