Responsibility to protect

socially responsible member of American society. The main characteristics of these men and women are economical responsibility; being profitable and doing what is required by global capitalism, legal responsibility; obeying the law and doing what is required by global stakeholders, ethical responsibility; being ethical and doing what is expected by global stakeholders, and philanthropic responsibility; being a good global corporate citizen and doing what is desired by global stakeholders. Being…

strategy perspective, (Carroll, 1979) regards CSR in terms of cost reduction and profit maximization to attain economic responsibilities which includes responsible economic, philanthropic, legal and ethical aspects. In terms of analyzing the normative perspective, (Carroll, 1979) provides a very practical viewpoint in which normative CSR can be interpreted as the social responsibility of business that encompasses the economic, legal, ethical, and discretionary expectations that society has of…

Beside widely acceptance some studies have observed that negative relation also exists in between CG and Firm performance.(Bathala, 1995). It is widely accepted that good corporate governance improves the firm’s performance (Brickley, 1997). Many literatures are published regarding this topic but they focused only on the basis of developed countries related to Board size and Board composition. (Bhagat, 2002). There is no any relationship found in between CG and Firm performance. (Park,…

information to providers of financial capital in order to enable more efficient and effective allocation of its capital (IIRC,2013). Based on the research done by KPMG (2015), companies in the oil and gas sector are likely to publish Corporate Responsibility information along with their financial report. However, this does not mean that they are having an integrated report. Royal Dutch Shell does not have an integrated…

Financial Times Lexicon defines marketing ethics as “…a process through which companies generate customer interest in products/services, build strong customer interest/relationships, and create value for all stakeholders by incorporating social and environmental considerations in products and promotions.” Marketing ethics plays an integral role in the success or failure of any business and businesses that are unethical in their marketing operations have destined themselves to fail. This review…

In the business dictionary, social responsibility is defined as the obligation of an organization's management towards the welfare and interests of the society in which it operates (Business dictionary, 2015). In business world, responsibility is a big commitment that is taken very seriously because it is concern with the action undertaken in order to meet the challenges which it is also the reason that social responsibly is being stress on. Did you know that, an…

This essay is anchored on the issue whether monetary engagement, necessary to expedite business operations between business operators and government regulatory agencies, is grounded with ethical foundation of facilitation or an act of bribery. Furthermore, this article aims to tackle the concept of cultural and ethical disparities underlying facilitation or bribery. Also, this author would like to explore universal tenets of business ethics which would theoretically govern the ethical dimensions…

Corporate social responsibility There has been done much research about corporate social responsibility and the effects of this for the firm. Friedman (1970) first defines CSR as follows: ‘‘CSR is to conduct the business in accordance with shareholders’ desires, which generally will be to make as much money as possible while conforming to the basic rules of society, both those embodied in law and those embodied in ethical custom.’’ If a firm is socially responsible, it takes into account all…

Corporate Social Responsibility (hereinafter referred to as “CSR”) is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders. It is generally understood as being the way through which a company achieves a balance of economic, environmental and social imperatives, while at the same time addressing the expectations of shareholders and stakeholders. 14 Mallen Baker has defined Corporate CSR as…

3. Attribution Theory within Charismatic Leadership The observation that society and consumers ascribe charisma to certain CEOs strengthens the relational view of charismatic leadership (Fairhurst and Uhl-Bien 2012). The consumers and CEO interact with each other which leads to the construction of charismatic leadership (Day 2000). But, charismatic leadership is not just a relational phenomenon as the perception of charismatic leaders is rather subjective. Conger and Kanungo (1998) state that…