REPORTING PRACTICE OF THE CORPORATE SECTOR IN INDIA Sham Lal & Sonia Lecturer in Commerce‚ Guest Faculty‚ Govt. Bikram College of Commerce‚ Patiala . Research Scholar‚ Dravidian University‚ Kuppum‚ AP. MA Economics Part II‚ Punjabi University‚ Patiala Abstract Disclosure is the communication of various details regarding the activities of the business which are to be disclosed either statutorily or otherwise‚ and it is to convey a true and fair view of the operating results and financial position
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CORPORATE SOCIAL RESPONSIBILITY Definition:- [Carroll‚ 1979; 2008‚ 500]: "The social responsibility of business encompasses the economic‚ legal‚ ethical and discretionary expectations that a society has of organizations at a given point in time." EU Definition of CSR: "A concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis." The World Business Council for Sustainable Development
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CORPORATE STRATEGY FORMULATION Strategy formulation refers to the process of choosing the most appropriate course of action for the realization of organizational goals and objectives and thereby achieving the organizational vision. Strategy formulation is a part of a strategic management process that comprises of environmental analysis‚ formulation‚ implementation and evaluation and control. Strategic management is an ongoing process to develop and revise future-oriented strategies that allow
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08 Fall 08 Fall PEST Analysis & CSR on Deajan Holdings PLC PEST Analysis & CSR on Deajan Holdings PLC December 20th 2012 December 20th 2012 Management Management Table of contents Cover page…………………………………………….. 1 Table of contents………………………………………. 2 Introduction……………………………………………
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ABSTRACT CORPORATE SOCIAL RESPONSIBILITY AND INDUSTRIAL DISASTER Bijoya Banik[1] Corporate Social Responsibility is the responsibility of the business towards the society that it takes from. It is the management of the business in a manner such that it produces a positive impact on society. Critics of CSR say that the primary purpose of a business is to make profit‚ and that it has no additional duty as long as it complies with all rules and regulations. Not doing anything negative might
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Identification Doctrine: Limitations in Establishing Corporate Criminal Liability The identification doctrine is the traditional method by which companies are held liable under the principles of the common law. According to this theory‚ the solution for the problem of attributing the unlawful acts to a corporation for offences that require intention was to merge the identified individual with the corporation. For the purpose of establishing corporate liability‚ a company may be responsible for the wrongful
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Week 1: Introduction to Corporate Finance 1.4. Assignment 1a Due date: January 30‚ 2011 Instruction: Please submit your assignment as an attachment to my Blackboard E-mail by midnight on the due date Assume that you recently graduated with a degree in finance and have just reported to work as an investment advisor at the brokerage firm of Balik and Kiefer Inc. One of the firm’s clients is Michelle Dellatorre‚ a professional tennis player who has just come to the United States from Chile
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.......................................................................................................2 2. The stance of Pfizer ............................................................................................3 2.1 Theories of corporate social responsibility and ethics ...................................3 2.2 Pfizer ’s stance on CSR and ethics ..................................................................4 Bribery of Big Pharma ’s ......................................
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OF CORPORATE CRIME. BUSINESS INVESTIGATION . In today’s world‚ information is often the difference between business success and failure. Company investigations give you the tools and information you need to make sure that your company is successful. For example‚ employee background checks and company checks can let you know whether business partners and workers are trustworthy. Due diligence investigations can ensure that your company is not heading for a law suit. Corporate monitoring
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What does it mean to be a virtuous company? In fact it is a hard question for all the people who involved in doing business. Perhaps corporate social responsibility (CSR) can answer for that question clearly. By applying CSR into business‚ organizer can reduce a lot of risks which are linked to the issue of social‚ environmental‚ and money. However‚ not everyone care about that. There are a lot of costs and benefits of CSR if company does not provide a CSR policy in their organization. This paper
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