CSR as a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with stockholders on a voluntary basis. ___2. It is very important to emphasize that the debate between the voluntary compliance and legislation depends on how we understand CSR. ___3.The term co-responsibility involves firstly the existence of common objectives‚ secondly the assuming of specific responsibility for their attainment and thirdly the effective
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CORPORATE SOCIAL RESPONSIBILITY AND GLOBALISATION INTRODUCTION Corporate social responsibility (CSR) can be defined as the opportunities that the public has of organizations at a specified point (Carroll and Buchholtz 2003‚ p. 36). The view of corporate social responsibility says that organizations have principled and generous responsibilities in order to earn good return for investors by obeying the law appropriately. Corporate social responsibility produces an organized context how to improve
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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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SEMINAR REPORT ON CORPORATE SOCIAL RESPONSIBILITY A CASE STUDY OF WIPRO Submitted to: Submitted by: Mr. Harpreet Nikhil Madaan
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snapshot in time (mid 1990’s). The paper evaluates Nike’s CSR strategy under four main headings. Part I links Nike’s CSR strategy and the issues faced by it to the UNGC Ten Principles. Part II identifies the major stakeholders of Nike and further discusses the management of the identified stakeholders with recommendations for alternative courses of action. Part III attempts to further evaluate the alternative courses of action in detail following which Part IV talks about what success at Nike would look
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CORPORATE SOCIAL RESPONSIBILTY Corporate Social Responsibility (CSR) defined as the ethical behavior of a company towards the society‚ manifests itself in the form of such noble programs initiated by for-profit organizations. The concept has come into knowing trends now‚ but the practice has been on since ages‚ with corporate like Tata Group‚ Aditya Birla Group‚ Indian Oil Corporation‚ to name a few. They have been serving the community ever since their inception and organizations have
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Corporate Social Responsibility We live in an increasingly complex and sceptical world full of corporate scandals‚ stock market downturns‚ an uncertain economy. All these things have diminished trust in the corporate sector and its leaders. Stakeholders have become more critical‚ especially when they hear about drilling activities in Nigeria and Greenpeace campaigns against a firm. Companies need to address this by demonstrating their positive impact on society and by taking appropriate measures
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1|Page ACKNOWLEDGEMENT Words are indeed inadequate to convey our deep sense of gratitude to all those who have helped us in the completion of this project. Since it was a field project it required a lot of input from the companies which we have done the study on. They have given their valuable time and effort in order to provide us with the required information and answer our queries. First‚ we would like to thank Mrs. Krishna Hazarika‚ Manager(Public Relations)‚ Oil India Limited for giving
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of Corporate Social Responsibility Introduction Who We Are Universal Responsibility Solutions (URS) is a network of consultants geared toward analyzing corporate behavior and providing recommendations for improving corporate social responsibility efforts. We work with a plethora of global clientele committed to creating‚ implementing‚ improving and maintaining strong a presence of Corporate Social Responsibility (CSR) at their organizations. URS seeks to be the social responsibility
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The Warehouse Group Ltd is a typical half-hearted company that does not do what it preaches in the area of Corporate Social Responsibility. From the Warehouse Annual Report and Social and Environment Report 2009‚ I found that the company is not only focusing on its financial performance‚ but also on social and environmental external effects. A critical analysis of this reporting practice suggests that the Warehouse is not truly responsible socially and environmentally but more a public relation exercise
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