How and Why Multinational Corporations Pursue CSR Strategies: the Case of Nestle in China Anna Chou A thesis in partial fulfillment of the requirements of the Interdisciplinary Honors Thesis Written under the direction of Professor Kathe Newman Bloustein School and Professor Michael Santoro Rutgers Business School School of Arts and Sciences‚ Rutgers University 2013-2014 Electronic copy available at: http://ssrn.com/abstract=2420273 Table of Contents Abstract
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what extent is Corporate Social Responsibility (CSR) beneficial to a company’s performance? Conventionally‚ Corporate Social Responsibility (CSR) was defined as actions businesses take to improve society’s welfare (McWilliams and Siegel‚ 2011). Currently‚ CSR has expanded into developing new business models that honor human rights‚ combat societal and environmental challenges‚ and profit companies at the same time (“Business case for CSR”‚ 2013). CSR also emphasizes on engaging shareholders in decision-makings
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Statement of the problem: Considering that polytechnic saving bank Inc. A thrift bank suffering from a cringe-evoking operational losses and capital deficiency due to its weak management‚ How would PSBI improve its unsatisfactory financial conditions and critically deficient performance? Objectives: -To ensure the fulfilment of BOD in their duties and responsibilities under BSP circular 283 -To hire 3independent qualified ethical and trustworthy workers in replacement of the terminated president
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social responsibility (CSR)‚ and its impact on societal well being‚ apart from the overall governance of the supply chain processes of every organisation. Ratings are being developed to measure performances of most firms with regard to their CSR efforts besides their financial performance. This rating would then be used to measure each firm ’s progress in the business world. Many studies have been conducted linking CSR to consumer loyalty. It is found that the higher the CSR rating the stronger
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Nikon CSR Nikon’s CSR Policy In order to be an enterprise trusted by all‚ the Nikon Group has formulated “Our Aspirations” and “Our Commitments” to articulate the corporate philosophy‚ and also the Nikon Corporate Social Responsibility (CSR) Charter and Nikon Code of Conduct. We are thus striving to put CSR into practice. Nikon High-Level Policy Our Philosophy Trustworthiness & Creativity Our unending dedication to unchanging principles Vision Our Aspirations Meeting needs. Exceeding
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relevant is CSR in todays business agenda? Corporate Social Responsibility is described as being a company’s ethical‚ economic‚ environmental‚ social and legal attitude towards its stakeholders in order to establish long-term success (Crane at el‚ 2008). These issues have come to have an important role in the running of a business in recent years. CSR was developed over a number of years and has been researched by professional economists. There are many arguments in favour of and against the CSR strategy
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Faculty Board of Economic Sciences‚ Communication and IT Business Administration Starbucks with Corporate Social Responsibility (CSR) “How Starbucks succeeds in a business world with CSR” 15 Credits Master Thesis (FEAD 01) Thesis Advisor: Bo Enquist Co-reviewer Lars Haglund The Authors: Sornchai Harnrungchalotorn Yaowalak Phayonlerd Karlstads universitet 651 88 Karlstad Tfn 054-700 10 00 Fax 054-700 14 60 Information@kau.se www.kau.se ACKNOWLEDGEMENT Acknowledgements Our
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Definition Corporate social responsibility (CSR‚ also called corporate conscience‚ corporate citizenship‚ social performance‚ or sustainable responsible business/ Responsible Business) is a form of corporate self-regulation integrated into a business model. CSR policy functions as a built-in‚ self-regulating mechanism whereby a business monitors and ensures its active compliance with the spirit of the law‚ ethical standards‚ and international norms. CSR is a process with the aim to embrace responsibility
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ADMINISTRATION CASE STUDY – NIKE CSR (page 70) 1. In referring to the opening profile and the closing for this chapter‚ discuss the challenges regarding corporate social responsibility that companies in the apparel industry face in its supply chains around the world? Answer: There are 5 challenges related to CSR: a. Lack of awareness and benefit of CSR In fact‚ many of companies have little knowledge about CSR. In some cases‚ companies may have a greater understanding of CSR issue but lack
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(Bomannahalli) 2. Do you practice CSR in your Company? Yes No 5 0 100% 0% If Yes‚ When did you started practicing CSR? 1990 2000 2009 for long From last 3-4 years 3. Which CSR Initiatives do you follow? Worldwide Responsible Apparel Production (WRAP) Clean Clothes Campaign (CCC) Ethical Trade Initiate (ETI) Fair Labor Association (FLA) Social Accountability International (SAI) Worker Rights Consortium (WRC) Other 1 0 0 1 1 0 3 17% 0% 0% 17% 17% 0% 50% 4. Which CSR practices are most commonly followed
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