international markets‚and consequently enounter various risks not normally attributed with domestic markets (Beck 1993). In developing countries such as Nigeria the regulatory frameworks may exist but are not adequatley enforced. Hence‚The intent of CSR activities performed by multinationals are not always well determined‚ And powerful multinationals such as Shell have emerged as the major players in this era of globalization‚ largely inhibited by domestic regulation (Rwabizambuga 2007)‚ but what is
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3.6 CSR in British Petroleum Academics‚ government officials and business leaders focus prominent attention on the concept of CSR‚ specifically in the special province of environmental protection. British Petroleum (BP) has won acclaims and awards for CSR. But Swaminathan S Anklesaria Aiyar (Times of India‚ Bangalore edition 2010) argued in his article that BP has created the greatest environmental disaster in history which includes its out-of-control Macondo deep-sea well. Gulf of Mexico oil leak
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a. Why do CSR and the alcohol industry seem to be incompatible? Corporate social responsibility is a form of corporate self-regulation by which companies take into account the impact of their activities on the environment‚ consumers and all the members of the public sphere. But how is it possible to include public interest into corporate decision-making in the alcohol industry? * What does Corporate Social responsibility mean? Corporate Social Responsibility is about how companies manage
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contribute to the company’s vision ‘to be the standard against which others are measured’. Central to the running of these units are the values of M&S. These include quality‚ value‚ service‚ innovation and trust. Each business unit develops its own CSR strategy based around the brand value of trust. The issues tackled in the strategies are identified from a combination of customer research‚ understanding within the business and by talking with other key stakeholders‚ NGOs‚ government etc. For each
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ACC704 BUSINESS ETHICS & GOVERNANCE MAJOR ASSIGNMENT T1 2015 Topic: CSR Disclosure in Public Listed Companies Annual Report - Fiji Name: Sanjini Devi Singh ID: S2009003935 Declaration I hereby declare that this project was entirely my own work and that any additional sources of information have been duly cited. I hereby declare that any internet sources from which I have quoted or drawn reference have been referenced in the contents list. Name: Sanjini Devi Singh Signature: ………………
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results towards business‚ environment and society (CSR Singapore Compact 2005). Implementation of corporate social responsibility concept within the businesses means the businesses will always try their best to give positive outcomes to the society‚ which give satisfaction to the people and may build a good reputation to the company. The three main responsibilities and roles usually discussed are in the perspective of business‚ social and environment (CSR Singapore Compact 2005). Despite the fact that
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consumer are often been neglected in corporate identity‚ business ethics and corporate social responsibility (CSR). The scope of business ethics is board‚ which included consumer behavior and business behavior‚ while CSR is the guideline of moral practices that leads a company to make positive contribution. These concepts have seen intensified interest in issue of business ethics and CSR‚ which is driven by the outbreak of scandals such as Parmalat and Enron. This case has reflects increased corporate
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_____________________________________________________________________________________________ CORPORATE SOCIAL RESPONSIBILITY (CSR) Corporate Social Responsibility (CSR) in Hindustan Unilever Limited (HUL) is rooted in its Corporate Purpose - the belief that "to succeed requires the highest standards of corporate behavior towards our employees‚ consumers and the societies and world in which we live". HUL’s CSR philosophy is embedded in its commitment to all stakeholders -- consumers‚ employees‚ the environment
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Case 2- Nike’s CSR Challenge 1. The challenges regarding corporate social responsibility that companies in the apparel industry face in their supply chain around the world is very complex. Apparel is something that everyone can make‚ so for companies they need to find a way to keep their prices competitive but also provide quality products. In this case we see some evidence of what was going on in The South Asian plants that produce Nike’s shoes. These poor conditions are not caused by Nike but
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individuals can have social responsibilities and that the purpose of a corporation is to provide the highest possible returns to shareholders while obeying all the laws and regulations. There are 5 main arguments against CSR. First of all‚ it lowers economic efficiency and profits. CSR also imposes unequal costs among competitors and imposes hidden costs which are passed on to stakeholders. Also‚ more often than not‚ carrying out these social responsibilities require skills which businesses may lack
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