Corporate social responsibility (CSR) is the framework proposed by Carroll (1991) to provide managers with a way to evaluate their duties to the myriad groups with interests in their organizations. These groups are defined as stakeholders and include owners‚ customers‚ employees‚ the community‚ competitors‚ suppliers‚ social activist groups‚ the public and potentially others. According to Carroll (1991)‚ the framework of CSR can be divided into four parts encompassing “the entire spectrum of business
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subject of social responsibility in business‚ there are many varying views and theories presented. The argument‚ at the extremes‚ is one that is purely economic in nature and the other that requires corporation’s responsibility to society. Today society demands social responsiveness of businesses in the marketplace. A businesses’ failure to act socially or ethically responsible‚ in some cases‚ could form the foundation for its own peril. My paper attempts to define social responsibility‚ discuss views
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made in this research to know the impact of corporate social responsibility on the profitability in the Nigerian Banking Industry using First Bank of Nigeria (FBN) Plc. as the case study. 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 notion of CSR is one of ethical and moral issues surrounding corporate decision making and behaviour‚ thus if a
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Corporate Social Responsibility An Implementation Guide for Business Paul Hohnen‚ Author Jason Potts‚ Editor Corporate Social Responsibility An Implementation Guide for Business Paul Hohnen‚ Author Jason Potts‚ Editor ii Corporate Social Responsibility: An Implementation Guide for Business © 2007‚ International Institute for Sustainable Development The International Institute for Sustainable Development contributes to sustainable development by advancing policy recommendations on
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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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Benn (2003) conceive corporations as channels of social purpose‚ constructed within society to attain useful social objectives. Henceforth‚ corporate social responsibility commits a significant role towards the sustainability of corporations. Both corporate social responsibilities and sustainability‚ and its related concepts influence all aspects of business. Chandler and Werther (2010) acknowledge the understanding of corporate social responsibilities as an aim to define the future of our society
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This research study is about what the Corporate Social Responsibility (CSR) is‚ how people define and how I understand this term? According to my research and observations‚ CSR does not have only one and constant definition. I have read a lot of definitions of CSR and in fact‚ they are similar but not the same. Briefly‚ definition and understanding of CSR depends on person to person. Thus‚ I am going to talk about definitions of the CSR and I will define my own perspective about the CSR.
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The Gdansk Institiute for Market Economics Reporting on Corporate Social Responsibility by Banks‚ Financial Institutions and Listed Companies in Poland Gdansk‚ December 2003 This publication and the research that enabled it were co-financed by a grant from the Partners for Financial Stability (PFS) Program‚ a cooperative program of East-West Management Institute‚ Inc. and USAID. The opinions expressed herein are those of the authors and do not necessarily reflect the views of the PFS Program
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| CORPORATE SOCIAL RESPONSIBILITY | | For a transport and logistics company of your choice‚ critically discuss the company’s approach to Corporate Social Responsibility | C.S.R – D.H.L | | THE UNIVERSITY OF HUDDERSFIELD – STRATEGIC MANAGEMENT – DR ANDREW JENKINS TABLE OF CONTENTS Table of Contents........................................................................................................2 Executive Summary.........................................
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Vision Mission Objectives Corporate Values Key Influences on Strategic Purpose Description Models/tools Corporate Governance Stakeholder Expectations A. Social Responsibility and Ethics A. Shareholder Model Stakeholder Model Benefits Disadvantages Stakeholder mapping: the power/interest matrix Minimal effort Keep informed Keep satisfied Key players Corporate Social Responsibility Stances: Laissez-faire Enlightened self-interest
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