Today‚ Corporate Social Responsibility (CSR) is much wider concept than just donations and philanthropy. It is viewed as a way of doing business‚ identified with the strategies and standards of business conduct that companies follow in their business. While focused on creating shareholder value‚ the companies seem to be equally focused on CSR for various reasons like - attracting socially responsible investors‚ customer group‚ marketing‚ branding‚ enhanced employee relations and Tax incentives.
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The Warehouse Group Ltd is a typical half-hearted company that does not do what it preaches in the area of Corporate Social Responsibility. From the Warehouse Annual Report and Social and Environment Report 2009‚ I found that the company is not only focusing on its financial performance‚ but also on social and environmental external effects. A critical analysis of this reporting practice suggests that the Warehouse is not truly responsible socially and environmentally but more a public relation exercise
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1 Introduction The team’s organization of choice for the CSR report is the canteen of Laurea Leppävaara‚ BarLaurea. BarLaurea’s services consist of the canteen‚ á la carte restaurant‚ café as well as the catering services provided for meetings and seminars. BarLaurea is also used as a learning environment for the students of Laurea Leppävaara. The canteen of BarLaurea serves lunch for several hundred students‚ ranging from around 300-700 customers every weekday. The food served in the canteen
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Corporate Social Responsibility in Banks S.Kavitha[1] Abstract Corporate social responsibility stands for business contribution to sustainable development and covers company’s active participation in different fields‚ human rights‚ human resources‚ relations with clients‚ suppliers‚ and other stake holders‚ corporate governance‚ environment and contribution to community and society. The social responsible attitude is integral part of the identity of financial institutions like banks‚ and it is
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Social Responsibility (CSR) the more difficult it is to define. And as long as it remains difficult to define‚ it will be difficult to communicate and enforce. Part of the difficulty lies in the fact that one is faced with a series of questions related to corporate social responsibility‚ human rights and the law along a parallel path of considering the importance of profits‚ business innovation and market share. Just what is the role of business as it pertains to social responsibility? Corporations
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Challenges to Corporate Social Responsibilities Company: Reebok International Ltd. Student Name: Jedy Wang Student #: 250476511 Teacher Assistant: Mike Dove Due Date: 11/14/2008 Executive Summary The 20th century illustrated a dispersing trend of capitalism as the end of the Cold War illustrated evident economic prosperity in Western countries. Consequently‚ many former Communist countries implemented economic reforms due to the perception that capitalism was the economic ideology
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position‚ occupy a functional leadership position‚ you can be specialist‚ etc. Philips says it’s giving its employees freedom to develop and improve their skills and talents‚ it is challenging them to grow. Its employees therefore‚ are given an high responsibility‚ but they can also contribute their new ideas. Because when you work at Philips‚ “you need to be willing to take ownership of your projects and feel accountable for delivering superior results.” Philips says it’s trying to attract diverse people
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current marketplace they must consider not only the bottom line and their investors but also their impacts on the community‚ their employees‚ and their customers. Home Depot was founded on the idea that treating employees well is an important responsibility. Home Depot believes employees that are well treated will serve the company well. Home Depot was also founded on the importance of corporate community involvement‚ and is currently focusing its community efforts on at-risk youth‚ affordable housing
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4. Responsibility of Corporations: Rationale‚ source and limits Whether there is social responsibility or obligation proper to speak of towards corporations is a topic of debate. However‚ the suspicious perception of business personnel towards CSR is understandable‚ essentially because the policy choices and actions of government may directly impact their operations‚ with a spillover effect on their responsibility to their stakeholders especially their employees and customers. a. Theoretical
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Social Development and Corporate Responsibility To say that low living standards‚ poverty‚ unemployment and social development should be a responsibility of corporations is preposterous. Corporations have the sole responsibility of making their shareholders money‚ and in turn‚ making themselves money. In recent years‚ with advancing technology and scientific research‚ corporate social responsibility has becoming a talking point. Holding corporations responsible for their waste and pollution makes
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