Briefly outline what Corporate Social Responsibility (CSR) is and how the initiatives on reporting CSR have developed over the past few decades. Explain what the Global Reporting Initiative is. Social responsibility has been a term used in business since the 1700’s with to focus then being child labour and increasing working conditions. It was only during the 1970’s when social responsibility gathered pace and a definition was given “The social responsibility of business encompasses the economic
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Corporate Social Responsibility initiatives of BPCL BPCL‚ a well-known petroleum brand called Bharat Petroleum Company Limited is committed to the welfare and development of the society and the local community. It works in various areas to help develop the community and society. BPCL’s commitment towards society and local community is very high‚ according to the CMD‚ ‘We are committed to the societies where we operate and understand that business success is not possible when the needs of the society
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1. Auto Recalls - A company facing auto recalls would be ford. Ford has recalled 212‚911 Ford Explorer SUVs and Ford Police Interceptor utility vehicles from model years 2011 to 2013. This recall was due to safety issues‚ the door hinge was loose and could come detached if there is a side on collision. Unsafe Imports - A company facing unsafe imports would be Health Canada. Health Canada failed to stop Apotex from importing unsafe and suspicious drugs from a troubled manufacturing plant in India
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Chapter 1 Introducing IFRS In This Chapter ▶ Seeing how standards are set‚ and amended ▶ Rolling out IFRS globally ▶ Presenting IFRS financial statements M In this chapter‚ I move beyond telling you what standards are to helping you understand what they do. To start‚ I explain how the standards are created and amended‚ and then I take a look at the scope of IFRS worldwide. Finally‚ I introduce you to the important financial statements that you must present to conform with IFRS: the statement
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Corporate Responsibility and Marketing Strategies Dr. Tonya D. Moore Contemporary Business January 28‚ 2014 Introduction Corporate responsibility and Marketing Strategies are essential in today’s market and to any premier company in this day and age. Researching Apple’s ethical and social responsibility and their position will allow the consumer to determine if the company is meeting or exceeding their responsibility. Exploring the publications which documents the impact of the company’s
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Maruti extends corporate social responsibility initiative to shop floor Rica Bhattacharyya‚ ET Bureau Mar 5‚ 2013‚ 05.00AM IST Tags: SY Siddiqui| Maruti Suzuki India| Maruti Suzuki| Gurgaon| graduate engineer trainees| e-parivartan| corporate social responsibility| anti-malaria campaign (As part of the initiative…) MUMBAI: Maruti Suzuki India‚ the country’s largest carmaker‚ is extending some of its corporate social responsibility (CSR) activities
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Explain with examples what is meant by Corporate Social Responsibility and discuss why it is important to modern business In today’s world‚ Corporate Social Responsibility (CSR) has been one of the topics that every company must be concerned with. It is usually viewed as a legal obligation for every company to create social benefits alongside with the profit gains (Peng and Meyer 2011‚ p.297). CSR is a crucial factor for our society and environment. If there is no campaign to encourage us to
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Literature Review of Corporate Social Responsibility (CSR) in MNCs Introduction The controversies surrounding the process of globalisation have raised concerns that multinational companies (MNCs) might be pursuing profit at the expense of vulnerable workforces‚ environmental degradation and so on. In response to such concerns‚ MNCs have increasingly taken steps aimed at demonstrating their social responsibility as business organisations. One prominent development has been the elaboration and
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Theories of Corporate Governance The philosophical foundations of corporate governance Edited by Thomas Clarke Contents Preface Acknowledgements ‘Introduction: Theories of Governance – Reconceptualizing Corporate Governance Theory After the Enron Experience’ Thomas Clarke PART 1 ECONOMIC FOUNDATIONS ix xi 1 31 34 45 ‘The Managerial Revolution in American Business’ Alfred D. Chandler Jr ‘The Impact of the Corporation on Classical Economic Theory’ Adolf A. Berle PART 2 AGENCY THEORY
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COMPARE AND CONTRAST THE AUTHORITARIAN THEORY WITH THE SOCIAL RESPONSIBILITY THEORY OF THE PRESS. The press also known as the fourth estate plays a very critical role in educating‚ informing‚ entertaining and bridging the gap between the mass community and the executive‚ judicial and legislative. Hence what is more essential is its stance on policy and choice of theory‚ which is a system of law like propositions and set of ideas that guide action or predict a consequence. The purpose of this research
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