Corporate social responsibility

Corporate Social Responsibility (CSR) as a Serious Matter Again Today, technology plays a vital role in our lives. There are derivatives of technology that are used as tools improve our understanding of practical issues. Videos are one of the most effective tools. The more technology advances, the more beneficial these tools to a wide range of sectors. Videos have been used in the business sector to reach a greater audience and accomplish better goals regarding wide known issues. One of those…

Management and Corporate Social Responsibility The connection between quality management and CSR is that they are both synonymous to good business practice. It is often noted in articles and journals about the narrow and less vague CSR could be to business. The performance model as prescribe by Wartick and Cochran (1986), initiated the changes in the CSR world, and this they did by using three key parameters; namely I. The economic responsibility of the organization II. The public…

and therefore, They have responsibilities that are similar to those of other citizens of the country, and these responsibilities fall into four groups: 1. financial Responsibility 2. legal Responsibility 3. moral Responsibility 4. Philanthropic Responsibility The financial Responsibility is the responsibility of a business to make money. The Legal Responsibility is the responsibility to obey the letter and the spirit of the law. The moral Responsibility is the responsibility…

Introduction This paper entitled ‘The Impact of Corporate Social Responsibility on Firm Value: The Role of Customer Awareness’ written by Henri Servaes and Ane Tamayo aims to illustrate the relationship of corporate social responsibility (CSR) and firm value to firms’ customer awareness. This paper also showed certain conditions on when CSR activities can add value to the firm. Furthermore, the impact of companies’ poor reputation to CSR-value relation is examined in this paper. Article…

CSR-Sony -Tanima FY-A Corporate Social Responsibility (CSR), also known as corporate conscience is a concept related to the activities that are performed by a company to integrate social and environmental responsibility into their operations. It is a business model where companies attempt to work in a sustainable manner in compliance with international laws and ethics. Many companies have a CSR Policy, which defines areas of concern and initiatives to improve relations with the people and…

maximizing profits is considered an important responsibility for a company to accomplish, it is not more important than fulfilling the responsibility of being socially responsible to the society in which it operates. Social responsibility can be defined as the duty of businesses to behave ethically and with sensitivity towards economic, cultural, and social issues. In other words, businesses are socially responsible when they maximize the economic, cultural, and social benefits of all their…

Liquid Telecom Corporate Social Responsibility Strategy Proposal ‘Lasting and effective answers can only be found if business-working together with other actors including government and civil society-are fully engaged,’ Kofi Annan. All the actions that we make today will affect everything and everyone in future generations. Therefore as part of society it is also then in the interest of all businesses to contribute in addressing social, economical and environmental issues faced by society. A…

Social Performance Corporate social responsibility is the the obligation of an entity for their actions to align with the interest of their stakeholders, the environment and society in general (Birt 2014). Qantas has eight key business principles and group policies in order to maintain a socially responsible business. These policies have been board approved and are non-negotiable. They are presented in a mandatory training program to ensure they are understood and reliably implemented by all…

values of their customers. Western consumers have started to value social responsibility among the corporations they purchase products from. Thus, Corporate Social Responsibility, (hereafter, CSR), has become integrated into many corporation 's marketing efforts to adhere to the values of its consumers. CSR and profit maximization has now become interchangeable, as corporations use advertising as a means to promote social responsibility. Additionally, advertising CSR enhances the brand image…

CHAPTER TWO LITERATURE REVIEW 2.1 Preamble Corporate Social Responsibility became a matter of utmost importance for diverse groups demanding change in the business. During the 1980‘s to 2000, corporations recognized and started accepting a responsibility towards society. Corporate social responsibility (CSR) focuses on the wealth creation for the optimal benefit of all stakeholders including shareholders, employees, customers, environment and society. The term stakeholder means all those…