Preliminary Draft - Comments Welcome CORPORATE SOCIAL RESPONSIBILITY: DOING WELL BY DOING GOOD?* RAY FISMAN GEOFFREY HEAL VINAY B. NAIR# Abstract We provide a framework for analyzing corporate social responsibility (CSR). Our model of CSR in this paper has two important ingredients – CSR is at least in part a profit motivated decision; and different CSR activities are aimed at different audiences. We examine the implications of our framework using a ‘visible’ CSR index that captures
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A Study of Corporate Social Responsibility Starbucks Introduction Business is a part of the total society in which it operates. As a major element of society‚ businesses affect people in multiple ways. Society‚ In turn‚ influences the conduct of business. Company History The story of Starbucks begins in Seattle in the year 1971‚ the first store opened its doors in the Pike Place Market.In 1982 Howard Schultz joins Starbucks ans the director of marketing and retail.He develops a plan to develop
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Corporate Social Responsibility and Emergent Models in Management of Stakeholder Capital in Philippine Conglomerates Serafin D. Talisayon Fifth International Research Workshop on Asian Business Singapore Management University‚ Singapore 13 April 2009 Abstract The paper adopts a social benefit-cost analysis framework to look at three stages in the historical development of management of stakeholder capital of corporations in the Philippines. The first two stages were government-driven. Stage One
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The global financial meltdown uncovered many social norms previously unimagined. The number of people who lost their jobs due to the financial situation is appalling. Interestingly‚ this does not mean that multi-national corporations are necessarily suffering. Most of the established companies with branches all over the world took the excuse of the financial breakdown to benefit. All of a sudden‚ it was okay to lay off people on the pretext of financial gloom. This means that a few people were benefiting
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Transnational corporations‚ CSR and the course of Maersk Roskilde University Corporate Social Responsibility & Business Ethics Autumn 2011 Anders Buch Nielsen 1 Table of content ABSTRACT INTRODUCTION PROBLEM AREA PROBLEM FORMULATION METHODOLOGY DELIMITATIONS THEORETICAL PART A. P. MOELLER MAERSK GROUP CASES AGAINST MAERSK CONCLUSION REFERENCES 3 4 5 5 5 6 7 10 11 15 17 2 Abstract Corporate Social Responsibility (CSR) has become the new buzzword and a key differentiator which companies
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What is corporate social responsibility? Give arguments for and against social responsibility? Ans. Social Responsibility Social responsibility can be defined as: “A business’s obligation to follow goals that are good for both organization and society in the long-term‚ and are not required by law.” Corporate Social Responsibility The term "corporate social responsibility" came in to common use in the early 1970s. It means the duty of an organization towards society in order to prove itself
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agreement * A legacy of giving and service * Giving time‚ talent‚ and business strengths to make stronger communities * Invest career development and well-being of our team * 5% of income is given back to the community Corporate Responsibility What Target Stands For: * A legacy of giving and service “Supporting communities through giving has always been a cornerstone of our business and a belief that guides so many of our decisions. Each year‚ we’ve given 5 percent of
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Macy Inc Introduction Macy is a top company in the Retail Industry specialized has a chain of mid-range American department stores which deals with product such as clothing ‚ footwear ‚ bedding ‚furniture ‚ jewelry ‚beauty product and house wares . It common business activity and principal product or commercial enterprise are classified as being part of the Retail Industry How Macy’s Inc mission ‚purpose and goals communicate a commitment to ethical and business practices .The company is entrusted
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Corporate Social Responsibility at your Workplace It’s hot! Corporate Social Responsibility (CSR) is a hot issue in today’s corporate strategy and can be started at your workplace. Before we can be responsible to the society at large‚ we should show responsibility to our people by taking good care of them before extending our responsibility outside the workplace. It is the job of the human resources (HR) manager or employer to treat employees in such a way that they look forward to coming to
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Corporate Social Responsibility: An Analysis of Google Introduction The concept of social responsibility began in the 1950s‚ along with the study of its relationship with business (Archie 1999; Frank‚ Peter 2005). Although the discussion between social responsibility and commence appeared early‚ it is attached much or more attention today‚ especially when we come into an era where globalization has become an heated topic. In other words‚ the global furious competitive market environment has
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