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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FINAL EXAM PAPER CSR and the Future of Corporate Accountability As is the case with most anything of any interest‚ the deeper you look into Corporate Social Responsibility (CSR) the more difficult it is to define. And as long as it remains difficult to define‚ it will be difficult to communicate and enforce. Part of the difficulty lies in the fact that one is faced with a series of questions related to corporate social responsibility‚ human rights and the law along a parallel path of considering
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Corporate Social Responsibility (CSR) and its importance Definition Corporate Social Responsibility can be define as the idea that socially responsible companies will outperform their peers by focusing on the world’s social problems and reviewing them as opportunities to build profits and help the world at the same time. In other sentence CSR is about how companies manage the business processes to produce an overall positive impact on society. It means company need to answer to two aspects of
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Introduction: Corporate Social Responsibility is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders. CSR is generally understood as being the way through which a company achieves a balance of economic‚ environmental and social imperatives (“Triple-Bottom-Line- Approach”)‚ while at the same time addressing the expectations of shareholders and stakeholders. In this sense it is important to draw a
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Title of Essay: Why are ‘Corporate Social Responsibility’ strategies important for enterprises? Prof. Dr. Jose M. Magone LV 400591.01 Work‚ Business & Society Berlin‚ 2011 Abstract Nowadays‚ the importance of social responsibility activities is growing awareness for companies.It is directly related to your business and if you want to have long term business success‚ you have to create value for the society.People are aware of the social and environmental problems
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waterproof boots and shoes. • 1987: Timberland went public on the American Stock Exchange. • 1992: To sustain the communities in which its employees live and work‚ Timberland developed what later became The Path of Service program: a progressive corporate policy offering employees 16 hours paid leave to perform community service. • 1997: Timberland increased the benefit of paid employee volunteer time to 40 hours. 2. Awards • 1999: Timberland was selected as one of 1998’s “100 Best Companies to
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2004 and found cases of abusive treatment in more than a quarter of its South Asian plants.And in 2005 Nike returned to report its social and environmental practices. It said that staffs and employees work in a poor environment .Between 25% to 50% of its employees and staffs in the region restrict access to toilets and drinking water during the workday. Besides ‚ a lot of staffs have to work for extra hours per week and wage level is lower than other industries. These kind of social and environment
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(2011‚ November 24). The Philippine Star‚ p. 3. Cruz‚ J. D. (2012‚ June 24). Pagcor goes green. Business Mirror‚ p. 5. Cruz‚ J. D. (2012‚ June 24). Pagcor goes green. Business Mirror‚ p. 3. http://pcij.org/blog/wp-docs/RA9487.pdf http://www.pagcor.ph/social-responsibility.php http://www.blog.pagcor.ph/ http://www.pagcor.ph
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with corporate social responsibility’. Critically discuss this statement.” Corporate social responsibility is a significant issue in the current business environment. There is now a significant shift in businesses to become recognized as being socially responsible whilst achieving the primary business objective of profit maximization. Business now strive particularly to reach the triple bottom line as a key objective as it incorporates; people planet and profit objectives. Corporate social responsibility
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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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