Responsibility

Corporate social responsibility has become one of the most widespread notions in the global world (Carroll and Shabana, 2009). Corporate social responsibility refers to the relations between organizations and the society in different dimensions. The aim of corporate social responsibility is to provide a method for organizations to perform their business and meet community demands, and commercial, legal, social and ethical expectations (Venous, 2005). Companies need to involve in different types…

When jealousy takes over Cain and leads him to murder his Brother, God questions his involvement. Cain replies, “I know not. Am I my Brother’s Keeper”(Genesis 4:1-8). The concept of social responsibility and looking after one another first addressed in the bible story of Cain and Abel, was also addressed by Mitch Albom in his novel The Five People You Meet In Heaven. The protagonist in the novel, an elderly maintenance worker at an amusement park, begins his journey of self discovery with his…

Social responsibility is a heavily disputed topic in the world of business and economics. John Mackey, co-founder of Whole Foods Market, claims that a business has multiple social responsibilities to each of its shareholders. He includes customers, employers, investors, and the community as part of the business’ stakeholders and claims that in fulfilling the needs of each group, the company must be mindful of the values of the other groups. On the other hand, Milton Friedman claims that there is…

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 responsibility to the…

MODELING SOCIAL RESPONSIBILITY 5 Burt?s Bees: Modeling Social Responsibility Brian Tan California Institute of Advanced Management (CIAM) Author Note This paper is being submitted on May 20, 2016, for James Dorsett?s IB 501 International Business course. MODELING SOCIAL RESPONSIBILITY 1 Burt?s Bees: Modeling Social Responsibility Helping…

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…

The Personal Responsibility and Work Opportunity Reconciliation Act (PRWORA) was signed into law in 1996 by the Clinton Administration. This monumental legislation was designed to decrease the roles of welfare while promoting self-sufficiency among those in need of assistance (Blank, 1105-1106). The role of welfare dropped in the United States during the first years of the legislation’s implementation resulting in policy makers quickly labeling the new legislation successful-this notion has been…

An Analysis of Corporate Social Responsibility and the Global Compact This essay will define the necessity of corporate social responsibility and the global compact for international business relations and ethical issues. The conflict between profiteering in the private sector and the exploitation of the general public has become a major issue in global ethical standards for corporations. The Global Compact defines the ten guidelines that define the ethical premise of corporate bargaining…

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…

Corporate social responsibility, corporate social performance or being green are terms that we are more and more confronted with nowadays. As demand for companies to step out of their basic business models increases (McWilliams & Siegel, 2001), hotel companies face new challenges (Waddock & Graves, 1997). Especially in service oriented sectors such as the hotel industry customers increasingly expect hotel companies and hotels to take on their social and environmental responsibilities to…