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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MNCs will normally compare the cash flows that could be expected from each hedging technique before determining which technique to apply. A futures hedge involves the use of currency futures. To hedge future payables‚ the firm may purchase a currency futures contract for the currency that it will be required. A forward hedge differs from a futures hedge in that forward contracts are used instead of futures contract to lock in the future exchange rate at which the firm will buy or sell a currency
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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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with an increasing number of businesses engaging in CSR activities. Corporate Social Responsibility is a commitment by a business to consider not just the shareholders‚ but the interests of all stakeholders impacted by its activities. These include the employees‚ the consumers and suppliers of the business‚ the community in which it operates‚ and the environment. This report seeks to analyse the strategic Corporate Social Responsibility (CSR) policies implemented by the organisation Nike when faced
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Corporate Social Responsibility Written by Subin Han Introduction CSR (Corporate Social Responsibility) is a form of corporate self-regulation integrated into a business model. CSR has been an essential part in business management (Wood‚ 1991). People can find that the significance of CSR has been emphasized due to ‘social responsibility’ included in the 4 meeting agendas at 2010 G20 Business Summit. In addition‚ the CSR policy ensures its active compliance with the spirit of the law‚ ethical
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governance is a important issue to the society. Among those factors inside corporate governance‚ we would like to focus on one of the essential factor - corporate social responsibilities. In this project‚ we would use CLP Holdings Ltd (CLP) to be the example to discuss corporate social responsibilities of power sector in Hong Kong. CLP Holdings Ltd.‚ a company listed on the Hong Kong Stock Exchange‚ is one of the largest investor-owned power businesses in the Asia-Pacific region. Through CLP Power Hong
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wrong. Ethics can vary person to person. Ethics is in part analyzing decisions‚ beliefs‚ and actions. Ethics is not just talking about the right thing. It is doing what is right in every decision that is made. Social responsibility can be an example of ethical behavior. It is enhancing society in general. However‚ a business can’t afford to go around doing good deeds if there is no potential pay off. If the business were to loose too much money‚ then it would cease to exist‚ hurt customers‚ and
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Responsibility (CSR) can improve the competitiveness of a company and that the CSR activities develop a favourable corporate image and their financial performance (Burke & Logsdon 1996). CSR is defined as the obligation of organisation management to make decisions and take actions that will enhance the welfare and interests of society as well as the organisation (Samson & Daft 2009). Some say that the significance of social responsibility has been changed up until today in that CSR activity may not achieve
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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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contains a critical review of the concept of Corporate Social Responsibility (CSR)‚ which is one of strategy being adopted by businesses to address some of the challenges they confront in their external environment. This paper examines various arguments from proponents and critics of CSR. In addition‚ this paper examines the case of oil Multinational in Nigeria as way of ascertaining the validity of the different positions in the CSR debate. Introduction Historical evidence suggests that societal
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