CHECK THESE SAMPLES OF Corporate Social Responsibility Conflict With the Interests of Shareholders
Issues Being Addressed The issues being addressed in this case are violations of transparency, violations of conformity to ethical and moral standards, and failures to disclose critical information to the Board of Directors, which could assist in addressing the issues in a more professional manner consistent with the standards posed under corporate social responsibility.... The World Business Council for Sustainable Development (WBCSD) has defined corporate social responsibility (CSR) as “the continuing commitment by business to contribute to economic development while improving the quality of life of the workforce and their families as well as of the community and society at large" (WBCSD par....
5 Pages
(1250 words)
Research Paper
In fact, according to the agency theory, while directors are obliged to act in the interests of their clients, this is not often the case and the former will often work for their... Corporate governance is not all about public relations and corporate social responsibility but is separate activities that should be evaluated separately.... Agency theory is similar to the agency dilemma because it involves shareholders signing a contract with those who run the company that they are investing in to take care of their interests....
8 Pages
(2000 words)
Essay
However, the company must increase resources committed to social responsibility activities by at least 10 percent of the annual revenues and use at least 5 percent of the profits in promoting internet safety and integrity values.... The primary stakeholders have a direct interest in AOL, Inc decision-making and operations and include shareholders, customers, government, creditors, employees, strategic advertising partners, and communities (Benn and Bolton, 2011)....
5 Pages
(1250 words)
Essay
Managers and Directors have a fiduciary responsibility to protect the interests of the shareholders.... t was Milton Freedman, who in his classic article 'The social responsibility of business is to increase its profit vigorously' argued against the notion of social responsibilities of corporations.... "Current Business Environment Is Characterised by the Importance of the Investor" paper defines the role of managers in terms of their responsibilities towards shareholders vis-à-vis other stakeholders....
7 Pages
(1750 words)
Coursework
The paper 'Interest in corporate social Reporting' focuses on widespread awareness of the overwhelming global influence corporations which have on everything from human rights to environmental integrity, various stakeholder groups have sought ways to encourage corporate entities.... hellip; There is an obvious conflict of interest in expecting information that might ultimately produce pressure by external sources to modify or forego otherwise economically gainful – and for the most part legal - activities and corporations have been reluctant to adopt non-mandatory disclosure related to such items....
8 Pages
(2000 words)
Assignment
“A common rationalization of the share capital provisions is that they protect corporate creditors from the abuse of the limited liability by shareholders” (John Armour 2000) The room for such conflicts between the rights of the shareholders and the protection of the interests of the creditors had always been there in the development of corporate culture over the periods In spite of the presence of various company and insolvency law regulations, such conflicts endure over time and it had also necessitated a periodic review of the various company law provisions governing the shareholders' rights....
8 Pages
(2000 words)
Research Paper
The Ecuadorian government as a stakeholder, moved to protect the rights and interests of its subjects.... “For a host of cultural and ideological reasons Chevron management is acting against its own self-interest — the interest of its shareholders…and in doing so, is driving the company off an $18 billion cliff” (Anderson, 1).... The paper "Chevron Stakeholders and Their interests or Concerns" seeks to address Chevron's stakeholder interests or concerns in the Ecuador and Richmond disasters....
3 Pages
(750 words)
Essay
Fundamentally, this policy meets the interest of the investors, its support for ethical actions and responsibilities, and its inclusion of the corporate social responsibility (CSR) within its strategy.... he corporate social responsibility model requires the firm to be responsible for its business practices that affect the community or the environment where it operates.... However, balancing these parameters leads to adverse consequences that result in social or environmental conflict with other stakeholders....
1 Pages
(250 words)
Essay