Tutorial 1-Read the ETHICS FEATURE. Corporate Social Responsibility for Competitive Advantage. Summarize the reasons why companies are adopting corporate social responsibility initiatives. What arguments support the pursuit of social initiatives by business organizations and what arguments suggest that the role of business is primarily to make profits? My view: The Corporate Responsibility (CSR) debate is very topical. In the past when considering corporate philanthropy (charitable giving by companies)
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“Corporate Social Responsibility and Younger Generation Employees” Authors: Mrs. Mrinal Sanjay Rao‚ Mr. Masarrat Raj Assistant Professor Student of PGDM (Finance) Sinhgad Institute of Business Administration and Research‚ Kondhwa (Bk)‚ Pune. Abstract: Today when competition has reached its peak‚ anything that gives competitive advantage is a matter of concern for the corporations. In such a situation‚ when businesses have realized that they owe something back to the society
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Corporate Social Responsibility Frameworks FRANCISCO L. ROMAN‚ DBA MARIE KRISTIN C. DE JESUS FACULTY‚ ASIAN INSTITUTE OF MANAGEMENT RESEARCH COORDINATOR‚ AIM RAMON V. DEL ROSARIO‚ SR. CENTER FOR CORPORATE SOCIAL RESPONSIBILITY JOAN KRISTINE E. CHUA RESEARCH AND ADMINISTRATIVE ASSOCIATE‚ ASIAN INSTITUE OF MANAGEMENT Working Paper 13 ― 013 THE AUTHORS Asian Institute of Management W.SyCip Graduate School of Business AIM Ramon V. del Rosario‚ Sr. Center for Corporate Social Responsibility
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2 Methodology 2 Case Study/Analysis 3 Conclusion 5 References 6 Introduction In global markets‚ modern corporates have significant power to exercise a positive influence in the countries‚ where they buy goods and services from global suppliers in bulk. Recognising this influence is the first step to understand the contribution of the modern corporates in developing countries’ economies and in turn their self-benefit. As being giant firms at one end of the buying chain with the
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Corporate Social Responsibility versus Profit Maximization Introduction Nowadays‚ many large multinational corporations which occupy increasing shares in the market and high statues in the society are usually powerful in having both positive and negative effects on the public to a great extent. As a consequence‚ today‚ the concept of Corporate Social Responsibilities (CSR) draws much more public attention. Social responsibility goes beyond profit making and social obligation. CSR is a business
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Re-take exam IB55 29 Jan-05-Feb 2013 OPTION 2 This is the mandatory Cover Page to be attached to your exam paper if you choose to work with OPTION2 Dynamic Corporate Social Responsibility: Apple‚ Inc. Marcello Montrone INTRODUCTION The social psychologist Kurt Lewin (1890-1947)‚ once wrote: “There is nothing as practical as a good theory”. According to this saying we tend to consider theory very important and that it can be helpful to guide us on the correct way. This
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The Importance of Corporate Social Responsibility on Global Business Let’s first define Corporate Social Responsibility (CSR) The World Business Council for Sustainable Development (WBCSD): "Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large”. EU Definition of CSR: "A concept
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Corporate social responsibility (CSR) is an increasingly important issue for all businesses around the world. CSR covers economic‚ legal‚ ethical‚ and philanthropic responsibilities of firms. Explain the factors that may motivate an MNE to adopt CSR in its international business strategy and operations. How might the country context influence the types of CSR initiatives undertaken? Support your answer with real world examples or cases. While corporate social responsibility (CSR) has existed for
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scenario and more competing corporations of the world. Corporate social responsibility is also referred as corporate conscience‚ corporate citizenship‚ social performance‚ sustainable responsible business/responsible business and so on by scholars and business leaders. CSR is basically a concept whereby companies decide voluntarily to contribute to a better society and a cleaner environment. CSR is a process with the aim to embrace responsibility for the company’s actions and encourage a positive impact
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8th International Conference on Islamic Economics and Finance Islamic Corporate Social Responsibility in Islamic Banking; Towards Poverty Alleviation Muhammad Yasir Yusuf 1 Zakaria bin Bahari 2 One of the goals of Islamic banking operations is to increase the economic growth towards a better and just society. This study aims to examine the criteria and Islamic instrument of corporate social responsibility towards the creation of a sustainable economic development. Specifically‚ the study analyses
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