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The impact of corporate social responsibility on organisational effectiveness - Essay Example

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The author of the article starts the research by exploring the need of an organization to be socially responsible and then mentions the…
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The impact of corporate social responsibility on organisational effectiveness
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Download file to see previous pages The article also focuses the value of those components for the stakeholders of the companies. The article further segregates the ethical component of the corporate social responsibility in order ton relate it to some major ethic management approaches, which include moral, immoral, and amoral managements.
I think the author of the article has written the article in a well-structured format. The article is easy to read, as well as easy to understand for the readers. All sections of the article are well-organized and provide a clear view of the author’s thoughts. The article is also based on the logical facts about the significance of corporate social responsibility in achieving higher levels of productivity. The author has also focused on ethical and moral; management approaches which is also an important part of the article. The article relates to our research in a way that it makes us aware of ways executives can use corporate social responsibility to fulfill their responsibilities that they owe towards their shareholders and other competing groups.
This article focuses of how managers can use finance to make the organization socially responsible and responsive. Of course, finance always play a critical role in almost every organizational matter and corporate social responsibility is no exception. The author puts his views on the criticism regarding corporate social responsibility that it is of little significance of companies as it used mostly as a tool of enhancing public relations. The article reveals that many organizations actually incorporate corporate social responsibility in their daily business activities but are unaware of the way to report that responsiveness in a formal way. Moreover, the article focuses on how accountants can use their knowledge in developing CSR and reporting the metrics to show the organizational involvement in social responsiveness.
I have found the article to be very useful in learning the role of ...Download file to see next pagesRead More
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