Electronic Journal of Business Ethics and Organization Studies Vol. 12‚ No. 1 (2007) Positioning Stakeholder Theory within the Debate on Corporate Social Responsibility Manuel Castelo Branco Lúcia Lima Rodrigues Introduction The present-day conception of corporate social responsibility (CSR) implies that companies voluntarily integrate social and environmental concerns in their operations and interaction with stakeholders. The European Commission defines it as “a concept whereby companies decide
Premium Corporate social responsibility Social responsibility Business ethics
Afford to Ignore Their Social Responsibilities” Theme of the Article Over the years‚ the perspective of corporate social responsibility has evolved in Corporate America. Today‚ many businesses have made promises to contribute to current social problems‚ such as the environment and labor standards. Companies are now looking at corporate social responsibility as a sustainability tactic that can benefit their overall market value. Companies that do not pay attention to their social and ethical responsibilities
Premium Social responsibility Business ethics Business
SOCIAL RESPONSIBILITY OF BUSINESS: A CASE STUDY OF GRAMEEN PHONE IN BANGLADESH NIMALATHASAN‚ B.* Abstract The social responsibility of business organisations is getting increased attention in recent years‚ and a strong perception has developed among the business managers worldwide and that organisations need to be managed in a socially responsible way for economic viability and long term sustainability. Therefore‚ the social responsibility of businesses has become an important part of today’s business
Premium Corporate social responsibility Business Management
Intro Social responsibility is defined as the affiliation between a cooperation‚ specifically a commercial business‚ and the society it interacts with. According to ISO 2600‚ social responsibility concerns with contributing to the sustainable progression‚ along with the health and welfare of society. However‚ Corporate Social Responsibility (CSR) is an obligation of all business body to safeguard the interest In a corporate perspective‚ maximising profits and acquiring market share remains as one
Premium Corporate social responsibility Social responsibility Business ethics
TABE- 122SIS28 TOPIC COPORATE SOCIAL RESPONSIBILITY (CSR) IN ZIMBABWE VS THE GLOBAL EXPECTATIONS Considering the rough economic environment in the country one might wonder how businesses can balance between making sure that they survive and responding to social concerns. Zimbabwean businesses in general accept that they have a responsibility to plough back into the society but not all of them have been committing themselves to solving the social and environmental problems that arise in
Premium Business Corporation Economic development
A Case Analysis On Starbucks’ Mission: Social Responsibility And Brand Strength Submitted To Professor Panda Of University of Maryland Eastern Shore Department Of Business School &Technology In Partial Fulfillment Of The Requirement BUAD300 By: Michael Kunle-Kehinde February 4 2013 Summary Named after the first mate in Moby Dick‚ Starbucks was founded in 1971 by three partners in Seattle’s renowned open-air Pike Place Market. Starbucks is now the third largest restaurant chain
Premium Social responsibility Recession Ethics
To what extent is Corporate Social Responsibility beneficial to a company’s performance Corporate Social Responsibility is a philosophy that relates to a business being a part of the society‚ so acts in a way that not only advances its own firm but also serves the society as well. Good ethics is the cornerstone of sustainable development. In the long run‚ unethical behavior may harm customers and the society as a whole. Furthermore‚ it damages a company’s image‚ efficiency and effectiveness
Premium Corporate social responsibility Social responsibility Sustainable development
Corporate Responsibility (2) Stakeholder perspective Obesity and fast food Use the stakeholder analysis to look at the impact of fast food (eg MacDonald’s) on each stakeholder group. Should the sale/marketing of fast food be regulated/ restricted? If so why? If not‚ why not? Childhood obesity has been labeled one of the most serious public health issues if the 21st century. 42 million of the children under five years old are overweight all over the world‚ in
Premium Nutrition Business ethics Ethics
communities‚ and other business partners. Secondary stakeholders are media outlets‚ government‚ enviromentalist groups‚ and their competitors. . 5. Starbucks is using Corporate Social Responsibilty actions to tackle a lot of the issues they face. Starbucks defines CSR as conducting business in ways that produce social‚ environmental and economic benefits for the communities in which they operate and for the company’s stakeholders and shareholders. They have created internal structures to ensure
Premium Corporate social responsibility Stakeholder analysis Corporation
GE conform with the “General Principles of corporate Social Responsibility” set forth in the section of that title in the chapter? Here some of the General Principles of Corporate Social Responsibility that should be exercised by the managers: 1. Corporations are economics institutions run for profit. This are their main responsibility‚ they are oriented to the financial incentives‚ and not in the term that have to be able to meet the social objectives without financial incentives. In this case
Premium Social responsibility Business ethics Corporate social responsibility