Project Shakti It was a initiative of Hindustan liver limited company to enter the rural market efficiently along with a social objective of empowering rural women. some key questions regarding this are answered in the following text. this is my perspective. Key features of project "Shakti"? Key features of project Shakti are: Ø It is an effective channel to reach to rural market which is not easily possible with the usual measures. Ø It also carries social objective along with it as it
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they are to financially invest‚ which in turn gives the corporation more positive funds to grow business. Also‚ social responsibility may play a part in the maximization of shareholder wealth. If the public perceives a corporation as being socially responsible they may become more loyal customers. Knowing that a local corporation has taken steps toward pollution control would make me much more likely
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Aditya Sinha Corporate Governance – Final Project Is there evidence that rewarding senior executives on the basis of measure accounting and/or market performance induces them to generate more wealth in total for society as a whole? What are the pros and cons of using statistical correlation between measured performance and compensation as evidence to support the idea that performance based compensation is a good policy to help increase wealth in society?
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Corporate Social Responsibility: The Welch Era 1. Corporate responsibility is defined in chapter 5 as the corporate duty to create wealth by using means that avoid harm‚ to protect‚ or enhance societal assets. The question whether GE fulfilled this duty during the reigning period of CEO ‚Jack Welch is a topic of much debate. Personally‚ I have thought long and hard about which side of the argument to be on with this conversation. Having looked at GE during the Welch years from many angles and perspectives
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September‚ 2010) McWilliams‚ A. Siegel‚ D. 2000. Corporate social responsibility and financial performance: correlation or misspecification? Strategic Management Journal Hill‚ R.P. Ainscough‚ T. 2007. Corporate social responsibility and socially responsible investing: A global perspective. http://www.springerlink.com/content/m68661921l27r815/ (Accessed 1st September‚ 2010) Porter‚ M.E. Kramer‚M.R. 2006. Strategy and society. http://www.exed.hbs.edu/assets/strategy-society.pdf (Accessed 1st September
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Case 1: Sunrise bank recently appointed the accounting firm Smith‚ Godfroy‚ and Hannaford as the bank’s auditor. Sunrise quickly became one of Smith‚ Godfroy‚ and Hannaford’s largest clients. Subject to banking regulations‚ Sunrise must provide for any expected losses on notes receivable that Sunrise may not collect in full. During the course of the audit‚ Smith‚ Godfroy‚ and Hannaford determined that three large notes receivable of Sunrise seem questionable. Smith‚ Godfroy‚ and Hannaford discussed
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Starbucks Starbucks‚ the largest coffeehouse company in the world‚ is a company that tries to make business in a socially responsible way. The firm is not only about making coffee but also about treating with dignity the clients and the environment where they are operating into. Hereby‚ we will discuss the different actions undertaken by Starbucks in order to be socially correct. One word that could best describe the mission of the company is «commitment». First‚ Starbucks is commited to
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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 sense‚ in that those pollutants or waste would not affect others if the corporation were not in existence. Holding them responsible for the well being of their employees and their working conditions makes sense‚ in that the corporation directly affects the lives of its employees. But to force
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result of some corporate good deeds is beneficial in terms of reputation and maybe even sales. Recruiting and retention of employees can be a benefit by having motivated and loyal employees that want to work for a company that’s recognized as “socially responsible.” There is much support for the various parts in the article. There were many perspectives and definitions for CSR along with examples and illustrations. The reasons companies engage in CSR were enumerated and supported by practical examples
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of the three main sections of importance and this yearly report includes the approval and praise of several organizations: -Named top 20 in Carbon Disclosure Project (CDP) Leadership Index in second consecutive year - One of top 50 Most Socially Responsible Organizations in Canada by Maclean’s Magazine - One of the 50 Best Corporate Citizens in Canada in Corporate Knights magazine (Tim Horton’s Sustainability and Responsibility Report‚
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