Does Corporate Social Responsibility Affect Firms’ Performance?1 Laura Poddi2 Sergio Vergalli3 July 28‚ 2008 Abstract In the last two decades in the OECD countries there have been a raising development of firms certified as Social Responsible (CSR is the acronym of Corporate Social Responsibility). This kind of certification is assigned by private companies that guarantee that the behaviour of a certain firms environmentally and sociologically correct. Some papers (among others Preston
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Chapter 1 Introducing IFRS In This Chapter ▶ Seeing how standards are set‚ and amended ▶ Rolling out IFRS globally ▶ Presenting IFRS financial statements M In this chapter‚ I move beyond telling you what standards are to helping you understand what they do. To start‚ I explain how the standards are created and amended‚ and then I take a look at the scope of IFRS worldwide. Finally‚ I introduce you to the important financial statements that you must present to conform with IFRS: the statement
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company that brought us V8 Splash‚ Pepperidge Farm and Campbell’s Soup‚ has become known for a bit more - their Corporate Social Responsibility (CSR). Campbell Soup Co. has consistently made the top ten list of Corporate Responsibility Magazine’s 100 Best Corporate Citizens - placing second in 2011 and eight in 2012. The company was also the only food and beverage company in the US to make Corporate Knights’ 2012 Global 100 Most Sustainable Corporation rank. Indeed‚ Campbell Soup Co. has seemingly embraced
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Introduction ‘Corporate social responsibility (CSR) is a long-term strategy‚ uniquely relevant to the twenty-first century‚ in which responsible social change can become a source of innovation and profits rather than added cost‘ (Vogel‚ David J‚ 2005‚ p.19). ‘Those that don’t make that effort won’t be a problem because ultimately they won’t be around.’ (L. Hunter Lovins‚ 2006‚ p.26). Obviously‚ CSR is no longer a new strategy to companies nowadays. In terms of definition‚ Carroll (1991) suggests
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The question‚ I learned‚ is harder to answer than you might expect‚ principally because most corporate do-gooders approach their social good efforts with more of an eye toward impact on the community than on the firm. With some effort‚ however‚ I’ve pulled some meaningful responses from corporate leaders I’ve reached and learned a great deal in the process. Garratt Hasenstab‚ Director of Sustainability at the Verdigris Group Garratt Hasenstab‚ Director of Sustainability at the Verdigris Group
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References: continued Candy Industry – online publication from: www.digital.bnpmedia.com/display_article.php?id+831154 Sweeter Side of Sustainability – An Interview with Mars from: www.treehugger.com/corporate-responsiblity/the-sweeter-side-of-sustainability Mars‚ Incorporated Achieves Milestone Towards Goal of Sustainable Cocoa News Feature from: www.teacoffeeecocoa.org The Washington Post‚ Mars Sets Goals for Sustainable Cocoa Resources by Alejandro
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In recent times‚ there has been huge concern on the issue of ethical leadership in the corporate world. Researchers have increasingly shifted their attention towards identifying what could be driving costly unethical behaviour in organizations. Organizations leadership stresses short-term result while disregarding the long-term implications of their actions. The result has been scandals and accounting frauds. Companies such as Enron‚ WorldCom (Knights and O’Leary‚ 2005)‚ and Nortel executives (manipulating
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ERIN BROKOVICH (2000) Movie Review The story started when Erin (Julia Roberts)‚ after an unsuccessful interview‚ got into a car accident. With that incident‚ she sought help of a lawyer. That’s when he met Ed (Albert Finney). Erin filed a personal injury case against a doctor‚ but she failed in the case and that left her even broke than before. Add to it her twice-divorced jobless status. She looked for a job and then she ended up as a clerk of her lawyer. While in a firm‚ she saw these real properties
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Introduction Throughout the ages‚ abuse of power has been occurring all over the world. Abuse of power is when‚ a person or the people who hold the power are not taking responsibility and mistreating it. These themes are represented in many Novels‚ poetry‚ drama and films. The novel Animal Farm and the film Erin Brockovich are two texts which explore these timeless themes. This assignment will compare and contrast how power has been abused and the effects of the abuse of power occur in both the
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ABSTRACT Corporate Social Responsibility‚ a theory that has evolved since the 1990s‚ seeks to see businesses be responsible for their actions socially and environmentally. There is an increasing trend by businesses to adopt Corporate Social Responsibility Practices. This paper attempts to define the reasons why this is so‚ and what strategic issues are faced by companies who adopt these practices. The issue of Corporate Social Responsibility will then be highlighted in a case study of De Beers
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