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 issues not only happen in Nike ‚but also in many other industries
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Corporate social responsibility II Business dictionary defines CSR as "A company’s sense of responsibility towards the community and environment (both ecological and social) in which it operates. Companies express this citizenship (1) through their waste and pollution reduction processes‚ (2) by contributing educational and social programs and (3) by earning adequate returns on the employed resources."[11] Corporate social responsibility (CSR‚ also called corporate conscience‚ corporate citizenship
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“Corporate Social Responsibility and Ethics” Social responsibility is an idea that has been of concern to mankind for many years. Over the last two decades‚ however‚ it has become of increasing concern to the business world. This has resulted in growing interaction between governments‚ businesses and society as a whole. In the past‚ businesses primarily concerned themselves with the economic results of their decisions. “Today‚ however‚ businesses must also reflect on the legal‚ ethical‚ moral and
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Corporate Social Responsibility Presentation University Of Greenwich Nguyen Son Hieu‚831580 I. What is CSR? • ‘ The social responsibility of business encompasses the economic‚ legal‚ ethical and discretionary expectations that a society has of organizations at a given point in time ’ [Carroll‚ 1979] • CSR functions as a mechanism to enhance a positive impact on the environment and stakeholders. Types of CSR • CSR takes place in different forms‚ ranging from : - Giving away food or cash to charity
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CORPORATE SOCIAL RESPONSIBILITY 1. INTRODUCTION Over the past several years the sports industry has grown phenomenally‚ and it now ranks among the largest industries in the world. Concomitant with its growth is an increase in the importance of a element of value which is the corporate social responsibility which has become a necessity in terms of the bottom line. Illegal and immoral activities in all settings have emerged to the point that some factions of the society have made efforts to
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Introduction Corporate Social Responsibility represents not just successful enterprise but also thinking on social andenvironmental aspects. Corporations must include the social and environmental aspects to the activities which leadtowards making profit. Corporate Social Responsibility answers the requirements of both the customers and personswho are co-operating with them in business activities. Corporate Social Responsibility positively affects the whole of society and regulates its impact on
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Corporate Social Responsibility We live in an increasingly complex and sceptical world full of corporate scandals‚ stock market downturns‚ an uncertain economy. All these things have diminished trust in the corporate sector and its leaders. Stakeholders have become more critical‚ especially when they hear about drilling activities in Nigeria and Greenpeace campaigns against a firm. Companies need to address this by demonstrating their positive impact on society and by taking appropriate measures
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manner (Diara‚ Alilo‚ and McGuire 2004). There is a growing expectation that companies will adopt a business approach that illustrates responsibility to society above and beyond the economic function and legal performance of the firm (Gibbs 2009). This expectation can be understood as an implicit social contract. One of the underlying concepts of social responsibility is stakeholder management (Davidson 2006). This involves balancing the claims of stakeholders against the decisions a corporation makes
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hfghfghffhfhfh here are dueling sides of those for and against corporate social responsibility. Corporate Social Responsibility (CSR) is a concept whereby companies integrate ethical‚ social‚ environmental‚ and other global issues into their business operations and in their interaction with their stakeholders (employees‚ customers‚ shareholders‚ investors‚ local communities‚ government)‚ all on a voluntary basis. Boundless Study Guides KEY POINTS Proponents of CSR argue that socially responsible
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CORPORATE SOCIAL RESPONSIBILITY AND GLOBALISATION INTRODUCTION Corporate social responsibility (CSR) can be defined as the opportunities that the public has of organizations at a specified point (Carroll and Buchholtz 2003‚ p. 36). The view of corporate social responsibility says that organizations have principled and generous responsibilities in order to earn good return for investors by obeying the law appropriately. Corporate social responsibility produces an organized context how to improve
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