Throughout history corporations have been able to generate an abundance of wealth for its stock holders. Since the inception of the first modern corporation the idea of giving back to society has been an issue. Corporate Social Responsibility began as a form of paternalistic philanthropy in the early 18th century and by the early 20th century has developed into necessary year round contributions. This paper traces CSR through the 18th‚ 19th‚ 20th‚ and 21st centuries‚ and also includes are major historical
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Corporate Social Responsibility in Banks; What does it mean? By Hany Abou-El-Fotouh Chief of Staff CI Capital Holding. Over the past few years‚ a rising emphasis has been placed on companies and financial institutions’ Corporate Social Responsibility. But what does Corporate Social Responsibility (CSR)" mean anyway? This is indeed one of the most frequently asked questions for all those dealing with CSR matters. CSR is also known as corporate responsibility‚ corporate citizenship‚ responsible
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Explain with examples what is meant by Corporate Social Responsibility and discuss why it is important to modern business In today’s world‚ Corporate Social Responsibility (CSR) has been one of the topics that every company must be concerned with. It is usually viewed as a legal obligation for every company to create social benefits alongside with the profit gains (Peng and Meyer 2011‚ p.297). CSR is a crucial factor for our society and environment. If there is no campaign to encourage us to
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The Effect of Corporate Social Responsibility on Business Operations and Performance Case Study: Vision Group and Uganda Clays Limited Jimmy Mugisa 2009-M102-20049 Uganda Martyrs University‚ Nkozi September‚ 2011. The Effect of Corporate Social Responsibility on Business Operations and Performance Case Study: Vision Group and Uganda Clays Limited A postgraduate dissertation presented to Faculty of Business Administration and Management In partial fulfillment of the requirements
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Role of Higher Educational Institutions in Corporate Social Responsibility By Ms. Susan Abraham Assistant Professor‚ SCMS School of Technology and Management‚ SCMS Campus‚ Muttom‚ Aluva ’ 683106 Email: susan2112@gmail.com Phone: 9495114276 Abstract Higher educational institutions in India have been contributing to the knowledge base of our country. They have been enrolling students at the rate of 10 percent in the year 2007. Privatisation of these institutions has brought in
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The evolution from corporate social responsibility to supply chain responsibility: the case of Waitrose The Authors Laura Spence‚ Centre for Research into Sustainability‚ School of Management‚ Royal Holloway‚ University of London‚ Egham‚ UK Michael Bourlakis‚ Business School‚ Brunel University‚ Uxbridge‚ UK Acknowledgements The research on which this paper is in part based was funded by the Institute for Business Ethics. The authors would like to thank seminar participants at Cardiff Business
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Why Corporate Recruiters Think it is Important to Hire College Graduates with an Awareness of Social and Environmental Responsibility October 02‚ 2012 Table of Contents Abstract 3 Introduction 4 College Graduates‚ Just the Beginning 5 The Growing Demands of the College Graduate in Corporate America 6 Why are these Qualities Necessaries? 6 The Benefits of Corporate Responsibility 7 What are the Responsibilities of a Business? 9 Is
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Social responsibility is a business imperative that targets continuous improvement in order to impact and adapt to the social and ecological sustainability of the community. Social responsibility is a goal of perfection that will never be completely achieved. (Duckworth‚ Moore 2010) Social responsibility is split up into two opposing views‚ the classical view‚ which states that managements only goal is to maximise profits‚ and the socioeconomic view‚ which states that managements social responsibility
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Archie Carroll’s View of Corporate Social Responsibility 1 By Rodolfo Arango Archie Carroll’s hierarchical chart depicting the four components of his view on corporate social responsibility is sketched out as a pyramid for ease of use and understanding. The pyramids wide base‚ and the foundation of this theory‚ represents “economic responsibility” the basic building block for a positive corporation. This layer of the pyramid makes the distinction that it is the responsibility of an organization is
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Corporate Social Responsibility Theories: Mapping the Territory The Corporate Social Responsibility (CSR) field presents a scene of speculations as well as a multiplication of methodologies‚ which are dubious‚ perplexing and vague. This article tries to illuminate the circumstance‚ "mapping the domain" by characterizing the primary CSR speculations and related methodologies in four gatherings: (1) instrumental hypotheses‚ in which the organization is viewed as just an instrument for riches creation
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