Responsibility to protect

Several theories were derived from the Modigliani and Miller (MM) theory. The MM theory was created in a utopian world for corporations, with no taxes, no bankruptcy or brokerage costs, and no impacts by the use of debt, to name a few assumptions the MM theory made. Although the MM theory is unrealistic, it helped firms apply and change the different assumptions to determine which capital structure was the best for the firm, and how these assumptions would impact the firm. The Trade-Off Theory…

Carson’s View on Ethics in Sales and the Golden Rule The art of business and sales can be seen as a grand balance of give and take. Thomas L. Carson explains in his essay “ The Ethics of Sales” that we first need to distinguish between lying, deception, withholding information, and concealing information; this is stated in reference to the beginning the understanding between ethics and business sales. Carson later adds that there are four main duties that salespeople should have and that are…

DeCelles and Pfarrer (2004) development of a multidimensional model that examines the role that stakeholder pressures, environmental factors, charismatic leaders, and their followers play in corporate corruption. To illustrate the effect of conflicting stakeholder interests on an organization, DeCelles and Pfarrer (2004) put forth the following example. In order to address the increasing demands of stakeholders to improve ethical standards, an organization might be compelled to implement ethical…

The Effects that Scandals and Ethical Violations have on the Future Culture of Companies The lasting effects that a scandal and/or ethical violation can have on a company’s reputation and potential profits can be a key determinant as to whether the company can rebound from such circumstances. Some companies are able to rebound from scandal rather quickly (), while others (i.e. Wells Fargo) are still dealing with the effects. The challenges for companies and its employees rely on their ability to…

Corporate Social Responsibility or CSR is a “form of corporate self-regulation integrated into a business model. CSR policy functions as a self-regulatory mechanism whereby a business monitors and ensures its active compliance with the spirit of the law, ethical standards and national or international norms” (Wikipedia). In the Abstract of To Thine Own Self Be True? Employees’ Judgments of the Authenticity of Their Organization’s Corporate Social Responsibility Program by McShane and Cunningham,…

Problem statement/Purpose of analysis The purpose of this analysis to examine TOMS unique business model that is centered around Corporate Social Responsibility in order to accomplish not only sustainable giving but also sustainable profit by exploiting the misfortune of others. • While most organization incorporate CSR into the culture of the business, TOMS CEO Blake Mycoskie made CSR the business model. TOMS use customer emotion to increase the company profit by using disadvantage children.…

In order to get the value of the level of CSR, the authors’ added four categories: community involvement, human resources, social products, and service quality. Author 's conclusion: The authors’ found that corporate social responsibility disclosures does indeed lead to positive effects in stock prices. CSR disclosure has the ability to lead to greater stock returns for shareholders and mitigate or reduce the effect of severe economic downturns like we saw in 2008 and 2009. This…

Corporate Social Responsibility: Role of Banks in Bangladesh Chapter: 1 Introduction 1.1 Background of the Study: Corporate social responsibility is not a mere blessing by organizations rather it’s a responsibility of them being corporate citizens. Over the years CSR activities have been performed all over the world and to cope with the dynamic business world, this practice has been added to the corporate culture of Bangladesh. It is taking away banks’ attraction to do philanthropic jobs to…

Corporate responsibility is a term that is supplanting the term corporate social responsibility. The ‘social’ is increasingly being omitted in order to emphasize the (claimed) broader responsibilities of business corporations, particularly their responsibilities with regard to the environment. Corporate Social Responsibility has helped several companies to develop and work upon several new core competencies, which enables the corporate to build a special relation with its customers, society,…

century, businesses were only recognised for doing one thing which was to increase their profit return to their investors within legal boundaries. However, as a result of an era of social activists, Carroll (1991) acknowledges Corporate Social Responsibility (CSR) as a further extension of a business’s arm to also act within ethical and philanthropic avenues that society would expect of businesses. Like most controversial discussions there is always two opposing views which I will introduce as…