Corporate Responsibility Stakeholder Perspective Essay

Typically everyone will enjoy McDonald’s every once in a while, even if you are not a fan of fast food restaurants. Even though the food is inexpensive, it comes at more of a cost to the environment and the global economy than we may know. McDonald’s has a harmful impact on the environment in many ways. Besides the pollution from the factories where their food is created, the impracticable squander from nearly all the food they sell, and the large

Social responsibility in business can be defined as the obligation an organization has to minimize its negative social impact on stakeholders and to maximize its positive impact. In this case study we are introduced to a small local grocery chain referred to as Company Q. Located in a major metropolis, Company Q has recently closed some stores in areas of the city with higher crime-rates. They have started to stock a very limited amount of organic and health-conscience products after years of requests from their customers. Management has declined participating in a program to send expired food to a local food bank based on fears of employee theft by means of taking advantage of the situation. Based on the

McDonalds is one of the biggest fast food companies in the market share today. It has been running in over 119 countries, as well as they have acquired over 31,000 restaurants in the world now. McDonald’s brand mission is to be customers’ favourite place and way to eat, they are aligned around a global strategy called the ‘Plan to Win’, they also committed to continuously improving their operations and enhancing their customers’ experience. As we all know that McDonald’s had successfully achieved their goal through out the years. (aboutmcdonald’s, 2012) Apart from this, as McDonald’s is a worldwide company, they also had the social responsibility to return the community; therefore, the ‘Ronald McDonald House Charities’ was

The stakeholder theory made popular by Ed Freeman (1984) does seem to represent a major advance over the classical view (Freeman, 1984). It might seem inappropriate to refer to the stakeholder position as neoclassical. Bowie (1991: 56-66) has defined stakeholders as a group whose existence was necessary for the survival of the firm--stockholders, employees, customers, suppliers, the local community, and managers themselves.

Childhood obesity is becoming more prevalent in the western world as statistics show that in Australia, one quarter of children are either overweight or obese. (Australian Bureau of statistics)

“During the past two decades, the prevalence of obesity in children has risen greatly worldwide. Obesity in childhood causes a wide range of serious complications, and increases the risk of premature illness and death later in life, raising public-health concerns.” (Ebbeling, Pawlak & Ludwig, 2002 p.471) Currently in the Australian community and schools there is an obesity epidemic in young people with many children doing less and less physical activity then advised. “In 2007-08 the National health survey, run by the Australian Government indicated that 24.9% of children aged 5-17 years old were either overweight or obese” (Healthy Active, 2009). These figures show that children are not being properly educated about healthy

Increasing rates of childhood obesity is a current and significant health issue in Australia. In Australia alone the obesity in children have doubled in recent years with a quarter of children considered overweight or obese. Levels of childhood obesity have been rising each year and for numerous reasons some which include the fact that children have been eating food which are high in sugars and fats and spending less time on physical activity. Studies have shown that when children become overweight they are more likely to become and stay obese while moving into adulthood, children also have an increased risk of developing both short and long term associated health conditions. Some associated health conditions include cardiovascular diseases,

Sadly, in Australia, one in five teenagers are obese, while twenty four percent are overweight. The guiding questions to my issue are: 1. What are the causes and therefore possible methods of preventing childhood obesity? 2. How do parents influence their children’s

Obesity is the problem when the individual gains excess of body fat that it may cause a negative impact on his health in terms of suffering from type-2 diabetes, cardiovascular disease, or even cancer (Brownson et al., 2009). With the increase in fat in the body, the risk of these diseases increases in the individual. The problem of obesity has significantly increased with time amongst the people of Australia. 28% adults were obese as per the statistics of the year 2014-15 in Australia (Australian Institute of Health and Welfare, 2018). The children are also suffering from the problem in the country. It has been noted that for the year 2014-15, one out of four children aged between 2 to 17 years were found obese or overweight

Between 1985 and 1995 the rate of childhood overweight doubled and obesity tripled in Australia (Dieticians Association of Australia [DAA], n.d.). Results from the 2007-2008 Australian National Children’s Nutrition and Physical Activity Survey indicated that one-quarter of all Australian children, or around 600,000 children aged 5–17 years, were overweight or obese (Australian Bureau of Statistics [ABS], 2009). Now in 2014, overweight and obesity rates are still on the rise therefore making it an increasingly vital public health issue in

The percentage of overweight and obese children in Australia, despite rapid increases in the 1980s and the first half of the 1990s, have remained mostly steady for the past 10 years, with 23 to 24% of Australians under the age of 18 classified as overweight, and 5 to 6% of the same demographic classified as obese. Through time Australia’s number in people suffering obesity has increased dramatically from 56.3% in 1995 to 61.2% in 2007-08. Compared to 1995, the proportion of Australians that were overweight in 2015 has fallen by 6%.

McDonald’s PLC, is one of the largest fast food chains in the world, with 32,000 outlets in 117 countries. In the UK the first restaurant opened in 1974 and now in the UK stores alone, the chain serves 2.5 million customers daily. In the early 2000’s McDonalds saw for the first time some of its outlets closing, and drastically had to rethink the way that it operated. It was struck with a damaging title of the firm that didn’t care with non-eco-friendly practises, (the ecologist: 2011) and with the negative publicity

Nowadays, we are facing a major experiment in privatization. For example, private companies have entered the business of managing public schools, or religious schools. Also, they even run in prison industry. Among them is Private Prison Corporation of America, which is growing fast in prison industry in the United States. Especially, immigration detention business has brought up massive profit for Private Prison of America. Therefore, corporation is planning to join other private prison corporations by making campaign donation and retaining lobbyist to draft and seek the passage of two laws about anti-illegal immigrant and the Intensive Probation Act that will increase opportunities to do

This is essay will focus on analyzing how corporate social responsibility (CSR) influences the investor relations of a corporation and whether it is good for the society, using Gasland and FrackNation as examples. In the contemporary society, CSR sounds like a commendatory term for the society. Over decades, it seems like that both the public and the media are trying to encourage corporations to behave more responsibly, and corporations are gradually becoming more socially aware in the contemporary society because they know they cannot afford the consequence of ignoring it. (Bernstein, 2009:606) However, CSR is not always beneficial. One of the major practices of public relations is investor relations, because the concerns of a corporation’s investors can directly relate to its welfare. When the corporations paid more attention on CSR, their investors will inevitably somehow feel ignored. As a public which has real material input to the corporations, investors are seeking for future returns, they want to be treated specially by the corporations that they invest. Also, value too much about CSR can make corporations become the victim of being morally hijacked, which may harm both a corporation’s financial success and the whole society’s harmony.

‘Corporate social responsibility’ (CSR) means that the firm has wider responsibilities in relation to objectives and people apart from the owners or shareholders (Beal and Goyen 2005). These responsibilities are achieved when the firm adapts all of its practices to ensure that it operates in ways that meet, or exceed, the ethical, legal, commercial and public expectations that society has of business. Objectives often associated with CSR include a responsibility to manage natural assets sustainably and not to pollute by chemical discharge, smell, noise, dust or other irritants; fair treatment of employees and ethical attitude towards clients. The other people include employees, customers, suppliers,