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Every company small or large should take social responsibility.
Definitions of corporate social responsibility can be somewhat varied depending on the perception and perspective an individual or group has towards the situation; the definition has also varied through time....
In recent years, many corporations in the US and in Europe has made efforts to include Corporate Social Responsibility (CSR) as part of their decision making process.
Did Barclays Bank neglect social responsibility?
announced Nike’s support of ‘mandatory global standards for social auditing’ asserting that ‘every company should have to report on their performance ’against these standards. (Zadek 2004:132)
Buchholtz A and Carroll A (2012) Business and society, Ethics and Stakeholder Management, 8th edition, South Western, Cengage Learning
Crane A and Matten D (2010), Business ethics, 3rd edition, Oxford, Oxford University Press
Griseri P and Seppala N, (2010) Business ethics and corporate social responsibility, South Western, Cengage Learning
Wicks A C, Freeman R E, Werhane P H, Martin K E, (2010) Business ethics, a managerial approach, Boston, Prentice Hall
Zadek S (2004) The path to corporate social responsibility, Harvard Business Review 82, December 125-32
Guidance, instructions, and questions.
YOU MUST USE relevant theory from the module to answer all the questions. Each question carries equal marks.
When you have fully understood the case, write an essay for each question below. The word length for each essay should be a minimum of 1000 words. The total word length should not exceed 5000 words.
To some extent, from Jamali’s (2008) and Hopkins’s (2007) point of view, CSR is defined as the corporate commitments to sustainable development, ethic and responsible treatment to stakeholders, and society welfare improvement.
What could they have done to bemore socially responsible?
Note first that I refer to social responsibility, not financial, or accounting, or legal. It is social precisely to allow for the constituencies to which Mackey refers. Maximizing profits is an end from the private point of view; it is a means from the social point of view. A system based on private property and free markets is a sophisticated means of enabling people to cooperate in their economic activities without compulsion; it enables separated knowledge to assure that each resource is used for its most valued use, and is combined with other resources in the most efficient way.
Votaw (1973), as quoted by Carroll (1999), summarizes the difficulties of giving a deﬁnition of CSR when he notes that: The term [social responsibility] is a brilliant one; it means something, but not always the same thing, to everybody.
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CSR is about managing companies in a socially responsible manner.
"It would be inconsistent of me to call on corporate executives to refrain from this hypocritical window-dressing because it harms the foundations of a free society. That would be to call on them to exercise a 'social responsibility'! If our institutions and the attitudes of the public make it in their self-interest to cloak their actions in this way, I cannot summon much indignation to denounce them."
Business Ethics | The Magazine of Corporate Responsibility
"In each of these…cases, there is a strong temptation to rationalize these actions as an exercise of 'social responsibility.' In the present climate of opinion, with its widespread aversion to 'capitalism,' 'profits,' the 'soulless corporation' and so on, this is one way for a corporation to generate goodwill as a by-product of expenditures that are entirely justified in its own self-interest.
Corporate Social Responsibility
This paper aims to provide a description of corporate social responsibility (CSR) associating with its tremendous effects on international business both positively and negatively.
Shareholder Primacy, Corporate Social Responsibility, …
"Of course, in practice the doctrine of social responsibility is frequently a cloak for actions that are justified on other grounds rather than a reason for those actions.
Teaching Social Responsibility - Teachable Moment
In addition, the paper as well contains discussion about both shareholder’s and stakeholder’s point of views on corporate social responsibility as there have been quite a few controversial about their benefits when implementing CSR....
Teaching Social Responsibility
There are many mission statements written about social responsibility, however, it is essential to examine how companies approach the projects and how they educate their employees to involve them in their plans....
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