Nobody downloaded yet

Corporate Social Responsibility and the US Economy - Research Paper Example

Comments (1) Cite this document
This paper focuses on the ethical issues in relation to overutilization of resources, pollution and the charitable contribution related to the benefits of the tax received. The study tells about contributions towards environmental conservation; pollution and how to reduce emission of gases…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.2% of users find it useful
Corporate Social Responsibility and the US Economy
Read TextPreview

Extract of sample "Corporate Social Responsibility and the US Economy"

Download file to see previous pages The moral minimum anticipates being part of the customary business practice and the forces restraints on the high-powered managers of companies (Cornelissen, 2004). The biggest environmental challenge that is facing most industries is development of an account on the environmental responsibilities widely but within the moral minimum to motivate most business compliances. Therefore, this becomes the accepted way of increasing profits in an accepted manner. In US, most companies assimilate corporate social responsibilities as their marketing strategies. In this regard, consumers may decide to purchase the products with reasons that they are supporting the social causes. Due to this, there is heightened financial performance aimed at the corporation through huge consumer profits. In addition, numerous companies have tried to establish social responsible corporate images. Through such techniques, consumers are involved either directly or indirectly in supporting the causes. Furthermore, there exists a superior model for sustaining development, which posits that businesses have the moral responsibilities to ensure that the activities are ecologically sustainable. Through this theory, the moral minimum should include ecologically sustainable perspectives. This seeks to reunite the natural ecological laws and the moral limits placed on the business activities (Adams, 2002). Businesses recycle the resources in appropriate rates and later compensate the ecosystem due to the losses that the productive capacity posses on its activity. Therefore, this knowledge on social environment perspectives is vital in the management of corporations. Case studies The Minnesota Mining and Manufacturing Company...
According to the research findings corporations like the Home Depot and the Minnesota Company has the responsibilities and duties to remain more significant in terms of environmental and social responsibilities in enhancing the financial performance. The company makes huge profits in participating and promoting the conservation of the environment. If all the resources involved in production are used and destroyed then the future success of the company is not feasible. Thus, the two companies promote environment and social responsibilities. They are partaking to better the natural environment through recycling some of the products and conserving the natural environment. These two companies have been prospects in preserving the environment basing on the social perspectives to act as recommendation for all our companies. Therefore, the companies should focus on the ways and methods of improving the manufacturing process to reduce all forms of pollution. Companies should also play active roles in the society and further sponsoring the communal projects to better the community. Through this, the companies will thrive both financially and advocate for our social well being in the society. The use of available natural resources in the U.S economy has been set in accordance to the satisfaction of the current living standards. Nevertheless, the environmental impacts on the global business have caused increased surveillance of United State corporations. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Corporate Social Responsibility and the US Economy Research Paper”, n.d.)
Retrieved de
(Corporate Social Responsibility and the US Economy Research Paper)
“Corporate Social Responsibility and the US Economy Research Paper”, n.d.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
ngislason added comment 1 year ago
Student rated this paper as
The topic of "Corporate Social Responsibility and the US Economy" is quite popular among the assignments in university. Still, this paper opens a brand new perspective of seeing the problem. I’ll use the manner for my own research.

CHECK THESE SAMPLES OF Corporate Social Responsibility and the US Economy

Corporate Social Responsibility

...’ interest about CSR are likely to show lack of sustainability in the long run (Waldman & et. al., 2012). It is because of this reason that corporate social responsibility facilitates in gaining the trust of the stakeholders because CSR provides transparency to the business activities. Moreover, CSR is also quite important for the development of the society for the reason that business organisations form the background of the economy and a proportionate investment by them in the social activities would result in social development. In addition, CSR facilitates in maintaining a good business-to-business relationship which is also quite...
9 Pages(2250 words)Essay

Corporate Social Responsibility Practices

...?Corporate Social Responsibility Practices Introduction The main objective of an organisation is maximisation of shareholder’s wealth and profit. However, the focus of the management of the company is towards fulfilment of customer expectations and creation of shareholders value. The adverse effects of business activities on the environment and community have led to the development of corporate social responsibility (CSR). CSR has become a means of sustainability for most of the organisations. This has led to the development of the entire organisation. The main objective of the study would be to evaluate the concepts of CSR and its impact on the society and community. The concept of CSR assists the management in revenue generation... in an...
9 Pages(2250 words)Essay

Corporate Social Responsibility

...and deception is one of the greatest fraud that consumers are engaged where they omit income and inflate deductions in order to reduce tax deductions, this trend is approximated to cost the US economy more than 300 billion dollars in terms of lost revenue. Corporate social responsibility has been a hotly debated issue with both the proponents and those against it giving their reasons for their stand. However, the disagreement is only on how CSR should be carried out since some argue it should be carried out as long as it will benefit the organisation while others argue that it should be carried out at all times. Financial fraud is also a prevalent vice...
3 Pages(750 words)Essay

Corporate social responsibility

...? Accounting theory Accounting theory Corporate social responsibility (CSR) reports do not provide shareholders and stakeholders with useful information on corporate social and environmental but are rather a public relations vehicle. Introduction The major stakeholders of a company to be given information by the Corporate Social Responsibility include employees, customers, the government, suppliers, public interest groups, banks, and customers. The research using accounting theories in this context will focus on the primary stakeholders without whom the company cannot survive. Studies on secondary stakeholders or non-economic shareholders, that is the ones who affect or influence, affected, or influenced, yet are not involved... . This...
4 Pages(1000 words)Essay

Corporate Ethics & Corporate Social Responsibility

...Introduction: Corporate Social Responsibility (CSR) and Corporate Ethics have become buzzwords in the world of business today. Rapidly increasing globalization and corporate size has also raised concerns about the consequences of corporate policies and actions. More there is a growing hands off policies or in other words, the policy of deregulation, by governments in many parts of the world. This is especially true for the United Kingdom. Traditionally, government control over the education system was considered to be essential. But the policy of the government to increase private participating in the education sector has set off a controversy with some sections of the society welcoming it while others have raised concerns over... it. This...
14 Pages(3500 words)Essay

Corporate social responsibility

...18-05-2007 Corporate Social Responsibility Essentially all socially desired (legal) economic activities pursued for the purpose of earning profit could be defined as business. Thus economic activities directed to wards creation of utility for the satisfaction of wants may be termed as business. Eventually creation of utility leads to creation of surplus and this is the crux of all business activities. Various functions are performed by business enterprise and the obvious motive of business activities is profit making. But this should not lead us to think that profit is the primary objective of business. The primary object of business is to supply quality...
6 Pages(1500 words)Essay

Corporate Social Responsibility

...The practice of CSR or Corporate Social Responsibility as a paradigm for firms and businesses to follow has evolved from its early days as a slogan that was considered trendy by some firms following it to the present day realities of the 21st century where it is no longer just fashionable but a business requirement to be socially responsible. This evolution has been necessitated both due to the myriad problems that we as a race face which has changed the environment under which firms operate as well as a realization among business leaders that profits as the sole reason or raison d’être for existence can no longer hold good. Hence, the great economist and...
12 Pages(3000 words)Essay

Corporate Social Responsibility (CSR)

...and therefore should practice ethical behavior and should also work towards the development of the society. This is a way of paying back to the society for the resources it has used and the environment in which it operates (Murthy, 2007, p.13). Thus Corporate Social responsibility can be described managing business responsibly (The world business organization, n.d, p.4). As per the OECD guidelines CSR activities should be such which through which the MNCs can contribute in economies and promote social welfare and sustainable environmental development in the countries in which they are operating such type of activities in...
4 Pages(1000 words)Essay

Corporate Social Responsibility

...Corporate social responsibility Though the primary goal of many Corporations is to maximize the shareholder wealth, numerous factors have shifted the attention of many companies to social corporate responsibility. Corporate social responsibility (CSR) or corporate accountability include the corporate activities that integrate the business strategy to the environmental concerns, values and decision making in improving the welfare the society. Studies have shown that potential benefits of CSR include the ability to recruit and retain...
1 Pages(250 words)Research Paper

Corporate Social Responsibility Plan

...tries to give to the customer value oriented service and business product that satisfies the demanding conditions of the company. On a scale of ten therefore, the success rate of programs that are currently in use in line with the four themes could be said to 8 out 10 successful. 2.3 Recent events related to current programs It was recently discovered that one of the best ways to achieve a holistic goal for all four themes is to make use of corporate social responsibilities (Urwick, 2003). This led to the designing of a series of corporate social responsibility projects that have been rolled out on a...
11 Pages(2750 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Corporate Social Responsibility and the US Economy for FREE!

Contact Us