With the recent corporate scandals involving such companies as Enron and Martha Stewart‚ the concept of corporate social responsibility (CSR) has once again made its way to the forefront of contemporary management ideologies. However‚ CSR itself is not a new concept. In fact‚ societies as far back as the Ancient Mesopotamians (circa 1700 BC) incorporated CSR in their businesses. "King Hammurabi introduced a code in which builders‚ innkeepers or farmers were put to death if their negligence caused
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Introduction Corporate Social Responsibility represents not just successful enterprise but also thinking on social andenvironmental aspects. Corporations must include the social and environmental aspects to the activities which leadtowards making profit. Corporate Social Responsibility answers the requirements of both the customers and personswho are co-operating with them in business activities. Corporate Social Responsibility positively affects the whole of society and regulates its impact on
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had scattered pesticides on vegetables to look good. In addition to Pulmuone’s incident‚ other food-related business revealed unsafe issues. As a result‚ Pulmuone’s sales had dropped down. Consumers’ distrust in food industry was an important issue to be addressed in order to safeguard Pulmuone’s sustainability‚ especially regarding stakeholder factor. CHALLENGE How Pulmuone would prove to its stakeholders that it is producing fresh and healthful food products that “My family” can have? KEY MOVES
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Corporate Social Responsibility Toyota March 2012 Team 3 – Team Academia Arlene Mitchell-Washington Christopher Malcolm Christian Marquez Valarie Johnson Ali Moazzeni This presentation is prepared for course AMBA 610 taught by 2/2/2012 Thursday‚ January 24‚ 13 Team Academia - AMBA 610 - Project 1 1 Corporate Social Responsibility - Toyota Corporate Social Responsibility Policy In Aug of 2008‚ Toyota introduced it’s revised CSR Policy – Highlights of the Toyota CSR Policy o Take
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discussion of corporate responsibility: stockholder theory and stakeholder theory. Stockholder theory maintains that profit for stock owners represents the main moral obligation of the corporation. Stakeholder theory takes the view that groups other than the stockholders‚ such as the community at large‚ have a vested interest in the management of the corporation. The types of corporate social responsibility typically align with the stakeholder theory that corporations have responsibilities beyond profit
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Ethical Issues – Bribery In this paper on ethical issues‚ I will be presenting my perspective on the issue of Bribery in doing business. I will be summarizing three distinct articles from different sources‚ namely‚ Harvard Business Review‚ Bloomberg Businessweek and The Wall Street Journal‚ respectively. Later in this paper‚ I will provide some insight on how this aspect of corruption could potentially affect my business project for this course. The three articles that I have used in this paper
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adoption of corporate social responsibility as a matter of course (David Henderson 2004). The stakeholder groups‚ for instance‚ governments‚ communities‚ suppliers‚ employees‚ customers and stockholders persistently claim administrators to dedicate capitals to corporate social responsibility (McWilliams and Siegel 2001‚ 117). Despite the fact‚ strategic corporate social responsibility is far more selective on being a standing corporation rate citizen and also addressing the social issues that the corporate
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as “I can help those practical people see another dimension beside machines and theoretical principles‚ which is the truest taste of life where humanity and sympathy for their disadvantaged fellows come in”. Yes‚ it’s the feeling that Corporate Social Responsibility (CSR) gives to each person. Feeling good‚ feeling proud and feeling optimistic. Ever since CSR becomes one big part of every company‚ no matter they are big or small‚ a concern is raised whose answer is controversial: “CSR is from guiltiness
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Morrisons recently published last April its "Corporate social responsibility report" (CSR report‚ 2006) for the previous financial year. The report puts high regard on Morrisons’ effort to minimise the impact of its business operations on the environment. Moreover‚ the report stresses the catering of the interests of its "key" stakeholders‚ namely its customers‚ suppliers‚ colleagues and shareholders. Recalling way back before it completely took over the ownership of Safeway in 8 March 2004‚ Morrisons
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CORPORATE SOCIAL RESPONSIBILITY Market Place As the leader in the bottled water industry in Malaysia‚ in dealings with our suppliers‚ customers‚ shareholders and other stakeholders‚ Spritzer holds firm to corporate ethics which include doing business responsibly and in the interest of our stakeholders in the long term. The Group practises the principals of good corporate governance and ethical business conduct‚ in addition to complying with the rules and regulations of the law. Spritzer’s commitment
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