Socially responsible investing

practices, companies can obviate the need for government regulation. Several corporations tend to engage in unethical behavior such as child labor, polluting the environment, or exploiting third world countries. Because of the increasing amount of socially aware consumers, companies can no longer partake in such nefarious activity. A variety of corporations would rather continue the dirty work they are doing because it is cheaper and more beneficial for their self-interest. In order to keep…

According to the textbook, corporate social responsibility is “the way a corporation achieves a balance among its economic, social, and environmental responsibilities in its operations so as to address shareholder and other stakeholder expectations.” (Sexty, 2017) Tim Horton’s has named their corporate social responsibility framework Our Making a True Difference™ which represents their dedication to “making a true difference for individuals, our communities and the planet.” (Tim Hortons 2015)…

In my community, the power structures are the major or local government, the community foundation and corporate community. These three external stakeholders contribute to the community in their own way. The community is very dependent on them and it is important to have a solid relationship with these stakeholders for a community that is affected by poverty and high crime rates. The following are ways that the power structure eliminates/reduce poverty, homelessness and high crime rates in the…

Broadly speaking the recent boom in mining investment in South America has generated wealth and presents an opportunity for economic growth and development but mines are not an infinite resources and increasing production has brought many international bodies to question environmental and political issues and whether the opening of these new mines bring all the benefits promised by the mining companies and government officials. Toronto is the global financial headquarters of the mine industry…

When generally speaking about businesses, with the rapidly moving business environment it is hard to just consider about the bottom line. Because with the improvement of the technology and the knowledge of the customers they are more concerned about what the businesses are doing to the society and how the products are coming to the hands of the customers. Purpose of this essay is to discuss the corporate service responsibility and how it is affecting a business and the stakeholders of a…

Leadership practice and theory Kempster, Jackson & Conroy (2011) believe that it is possible for the social purpose to articulate and develop in corporate leadership however it’s an appreciation of the context is needed to become manifest, the making sense of leadership appropriate end goals and the restrictions on the nature of societal discourse. We will need to focus on how worthy purpose, internal goods, and virtues can be pursued in the corporate context. (Kempster, Jackson & Conroy…

In this essay I will argue that the stakeholder theory in determining the social responsibilities of corporations is morally superior in contrast to the stockholder theory. Managers should have moral obligations toward stakeholders’ interests in the decision-making process, and not merely focus on maximizing profits for shareholders. By referencing Milton Friedman, Edward Freeman and Joseph Heath’s papers on corporate social responsibilities, I will first criticize Friedman’s stockholder…

Innovator and Corporate DNA In entrepreneurship, Corporate DNA is the building block of success. Corporate DNA is the organizational culture the entrepreneur and management team foster in the business. It is the principles the business live by as to who they are, what the team do, and how the team will behave. Whatever values or standards are set form the pillars that maintain the business. The molding of the new venture DNA will occur based on the entrepreneur’s Innovator’s DNA because…

Within “A Three-Dimensional Conceptual Model of Corporate Performance” Archie B Carroll discusses the social responsibility of corporations. Our society is largely marketing based;thus, corporate owners have a lot more power over the processes that occur in the world than they may realize. As a result, Archie B. Carroll has effectively defined social responsibility as the ‘ethical and discretionary responsibilities” of corporate owners. This includes: Economic responsibilities, legal…

companies make environment commitment to their employees. According to Brekke and Nyborg, “If such morally-motivated employees are also less likely to shirk their job responsibilities, then companies can profitably screen for them by adopting socially responsible practices”( Earnhart, Khanna, Loyn,…