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.
Nobody downloaded yet

Corporate Social Responsibility (CSR) - Essay Example

Comments (0)
Summary
The corporate sector witnessed a lot of corporate scandals and other financial crisis like the bankruptcy of Enron, Lehman Brothers during the last ten years. As a result most of the companies nowadays strictly follow the corporate social responsibilities and corporate…
Download full paper
GRAB THE BEST PAPER
Corporate Social Responsibility (CSR)
Read TextPreview

Extract of sample
Corporate Social Responsibility (CSR)

Download file to see previous pages... In earlier times it was considered that the business is only responsible for the shareholders’ interest and other investors who have invested in the business but later on it was realized that business is not only responsible for its shareholders but each and every stake holder who is affected by the activities of the company (Sacconi, 2004, p.6). Corporate social responsibility is a broader concept as per which the corporate organizations has some responsibilities towards the society as a whole 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 turn will reduce the obstacles faced by the companies like agency problems in those areas (Heal, 2004, p.12).
The corporate social responsibility helps the company in a number of ways. For example by following the CSR activities the company can reduce the risk at the same time it can reduce the wastage of scarce resources as the CSR guidelines will lay down the principles which will be followed to while working. CSR activities also helps the company to gain the brand equity as the companies who contributes towards the society are favored more and are respected everywhere. CSR also helps in increasing employees’ productivity and performance by promoting staff welfare (Heal, 2004, p.13-19). Thus by ensuring corporate social responsibility the companies can also improve their own performance. As per Mr. Gerald ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Corporate Social Responsibility (CSR)
According to the report in order to justify with the requirements of this paper, first, a corporation, Wal-Mart, and its CSR role has been included in this paper. The contribution of CSR towards corporate strategy is highlighted. Subsequent to that, the importance of CSR is discussed; and a critical evaluation of CSR comes before the part of conclusion.
9 Pages(2250 words)Essay
Corporate Social Responsibility (CSR) in Samsung
Firms thus have obligations that transcend the domestic and international requirements on trade to include social responsibility and commitment to the surrounding environment (Flamer, 2013). A global leader in business is today judged not be the activities that lies within the walls of the company but by those that lies beyond them.
9 Pages(2250 words)Essay
Do corporate social responsibility (CSR) reports provide shareholders and stakeholders with useful information on corporate soci
It is a known fact that the companies create various social problems such as, resource depletion and pollution, which negatively impacts the society as well as the environment (Moir, 2001). The increasing concerns and attention of the general public have reached this sphere which has made it almost mandatory for the organizations to count the CSR activities among their responsibilities.
6 Pages(1500 words)Essay
Do corporate social responsibility (CSR) reports provide shareholders and stakeholders with useful information on corporate soci
Corporate social responsibility concerns having sufficient effect to the society by offering adequate protection to local or any other investment before considering the money invested in foreign countries. There are several ways through which an accounting professional is involved when it comes to the issues of environmental corporate social responsibility.
6 Pages(1500 words)Essay
Corporate Social Responsibility (CSR)
CSR builds the capacity of sustainable living. CSR encourages the business personnel to respect the cultural differences and take all possible steps in order to enhance the skills of employees. Thus, CSR makes
1 Pages(250 words)Essay
Corporate Social Responsibility(CSR)
The society in general and the consumers in particular became quite concerned about the potential ways in which the businesses were affecting their lives and the environment for the
2 Pages(500 words)Essay
Corporate social responsibility (CSR)
000 organizations which are members to this association and is spread over about 100 countries for the purpose of addressing some of the most critical issues that has plagued the world. More specifically, the paper is aimed at the course of events that are responsible for
8 Pages(2000 words)Essay
CSR - corporate social responsibility
or sustainable development, it implies a situation whereby a firm combines its economic goals with the responsibility for the social and ecological impacts those goals have on the environment. Among scholars and researchers in business management, there are both critics and
8 Pages(2000 words)Assignment
Corporate Social Responsibility (CSR)
The core characteristics of the CSR are voluntary, price and value, beyond philanthropy, internalizing and managing externalities, special and
10 Pages(2500 words)Essay
Corporate Social Responsibility (CSR)
In the line of business, there are other factors and circumstances that ought to be considered other than the role of making profit and it is the notion of Corporate Social Responsibility. H&M has continues to pursue policies and principles of CSR as a moral
11 Pages(2750 words)Coursework
Let us find you another Essay on topic Corporate Social Responsibility (CSR) for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us