Corporate Social Responsibility Of The World Essay

Corporate Social Responsibility (CSR) is a very controversial topic. A question that has been debated for the past few decades is; is it corporately viable to introduce social responsibility as a proposed addition to the work ethic of business organisations. As well as, if adopting the framework of corporate social responsibility would yield positive improvements for those organisations.

Corporate Social Responsibility (CSR) is something that affects all companies and should be an active factor in the company’s decision making. It is something all corporations need to care about. CSR is when business’ or corporations take part in an initiative or campaign for a cause that will benefit society and/or in some way make the world a better place (Taylor, 2015). Initially, Corporate Social Responsibility started to take shape around the 1950’s, but some say that it dates all the way back to the 1800s, the idea of CSR was seen (Carroll, 2007). One may think that because it is dated so long ago, it doesn’t have an important impact today nevertheless, it is proven that Corporate Social Responsibility is a pathway for entities to self benefit as they are in the process of benefitting society.

Examine Apple’s current position on the company’s ethical and social responsibilities, and determine whether or not the company has met these responsibilities. Provide two (2) examples that support your position.

To understand the future of Corporate Social Responsibility I think it is necessary to look back at the genesis of corporations. Originally started in 17th century Europe, corporations were sanctioned by monarchs (what we might call “the state” today), granting them the privilege to formally exist, typically to finance a trade mission. The corporation was made up of investors who limited their liability to the amount of their investment. In return for the privilege of forming the corporation, they would further the cause of the state and share a portion of the financial rewards back with the monarchy. Corporations extracted wealth from foreign lands and dominated trade with the support of the state, mutually benefiting the corporation and the nation where they served.

After investigating the current situation, I found that the poor working conditions and underpayment reduce loyalty and employees’ satisfaction, employees feeling pressure with high workload and poor working conditions, substandard waste disposal methods caused the pollution which resulted in damage the image of Brico Devices’. There is a need to create an audit system for reporting our performance. This corporate social responsibility (CSR) report will contribute to improve Brico Devices’ social reputation and increase employees’ satisfaction.

The Warehouse Group Ltd is a typical half-hearted company that does not do what it preaches in the area of Corporate Social Responsibility. From the Warehouse Annual Report and Social and Environment Report 2009, I found that the company is not only focusing on its financial performance, but also on social and environmental external effects. A critical analysis of this reporting practice suggests that the Warehouse is not truly responsible socially and environmentally but more a public relation exercise of the company.

Last spring, I worked for Special Olympics New York as an office volunteer, assisting with the preparation of the incoming Game and recording volunteer information. When examining the sign-up information for volunteers, I found it impressive, seeing numerous private company groups in the New York State register as volunteer groups and some of them had done such work for many years. When talking about the reasons for their actions, many companies considered that their volunteer behaviors would not only build employee solidarity but also demonstrate their care about disabled groups. This realization stimulated my interests in the corporate volunteerism, the idea of social corporate responsibility, and the often ongoing relationships between for-profit corporations and non-profit organizations. Building on this experience, I decided to examine this topic as a senior thesis for my sociology major thesis project. This project is expected to last for six months and recently, I have already begun a preliminary literature review by reviewing previous academic research in corporate social responsibility. In my thesis, I primarily focus on questions like how do firms and nonprofits collaborate and maintain social networks for mutual benefit, why is corporate social responsibility an important mission for private companies, as well as how does it influence a company’s financial performance, employee selection and performance, and corporate reputation.

Corporate social responsibility is something that is practiced in every company. However, every company is different and is portrayed in the way they complete their Corporate social responsibilities. Because of this, each company is unique, especially Ben and Jerry’s. Ben and Jerry’s needs very specific corporate social responsibilities and because they are environmentally friendly.

On September 13, 1970, Milton Friedman wrote and article, Social Responsibility of Business is to Increase its Profits. One of Milton’s theories suggested that the only legitimate incentive for a corporation to exist is to maximize its profits with its shareholders. As companies progress over time, so does the reason for the company existence. “What makes a stake holder?” Isabel Hilton (GE Stakeholders 2009)

general, there is a need to allow space within the SR agenda for such noncore

Corporate Social Responsibility Vs Corporate Sustainability in India: A case study on Aditya Birla Group

Corporate Social Responsibility (CSR) refers to the obligation of organisations to behave in ethical and moral ways. It refers to the notion that corporations have a responsibility to the society that sustains them (Wood, et al. 2013).

affect the outcome is too small to make voting worthwhile, even if they know that a

There are now several concepts of CSR and its definition, along with the meaning across corporations. In my opinion, and according with our textbook in page 11. CSR is about a particular set of business and strategies that deal with social issues. In addition, we can clearly perceive that CSRs application along corporations has increase in the past decade due to the several local, and international regulations in order to enforce business to act responsible.

"What great did the animals of the earth do to the mists that pour the rain? So in reality should you serve society, looking for no arrival. Great men set forth industry and create riches, not for themselves but rather for the utilization of society. Riches is not to be earned with the end goal of liberality or for fulfillment of avarice. Riches ought to be dealt with as the native 's instrument for support. The word is not simply accommodation but rather supportiveness joined with a feeling of obligation. There is no delight in this or in the other world equivalent to the delight of being useful to everyone around you. Try not to lose the open door for this uncommon joy."