Essays on corporate social responsibility

Essays on corporate social responsibility

 · Corporate Social Responsibility (CSR) is without doubt a key feature of national and global corporate citizenship in a much more competitive marketplace where the need to be responsive to needs of the society is even much more pronounced with the growing demand for environmental protection as a result of continued human despoliation of the blogger.comted Reading Time: 14 mins Essay on “Corporate Social Responsibility and Ethics”. Type of paper: Essays Subject: Business Words: Social responsibility is an idea that has been of concern to mankind for many years. Over the last two decades, however, it has become of increasing concern to the business world. This has resulted in growing interaction between governments, businesses and society as a whole  · In , economist Milton Friedmann outlined his view that the social responsibility of corporations is to make profits within the boundaries of societal morals and laws (but cautioned that socially responsible initiatives by corporations could lead to unfocused management directions, misallocations of resources, and reduced market competition, opportunity and choice)

What is Corporate Social Responsibility Free Essay Example

Corporate Social Essays on corporate social responsibility CSR is a concept whereby organizations consider the interests of society by taking responsibility for the impact of their activities on customers, employees, shareholders, communities and the environment in all aspects of their operations. This obligation is seen to extend beyond the statutory obligation to comply with legislation and sees organizations voluntarily taking further steps to improve the quality of life for employees and their families as well as for the local community and society at large.

The debate about CSR has been said to have begun in the early 20th century, amid growing concerns about large corporations and their power. The ideas of charity and stewardship helped to shape the early thinking about CSR in the US. There is no universally accepted definition of CSR- Essays on corporate social responsibility definitions by CSR organizations include:.

To demonstrate good business citizenship, firms can report compliance with a number of CSR standards The scale and nature of the benefits of CSR for an organization can vary depending on the nature of the enterprise, and are difficult to quantify, though there is a large body of literature exhorting business to adopt measures beyond financial ones CSR may be based within the human resources, business development or public relations departments of an organization, or may be given a separate unit reporting to the CEO or in some cases directly to the board.

Some companies may implement CSR-type values without a clearly defined team or programme. The business case for CSR within a company will likely rest on one or more of these arguments:. A CSR programme can be seen as an aid to recruitment and, particularly within the competitive graduate student market. CSR can also help to improve the perception of a company among its staff, particularly when staff can become involved through payroll giving, fundraising activities or community volunteering.

In crowded marketplaces companies strive for a unique selling proposition which can separate them from the competition in the minds of consumers. CSR can play a role in building customer loyalty based on distinctive ethical values, essays on corporate social responsibility. Business service organizations can benefit too from building a reputation for integrity and best practice.

So businesses should be more responsible for their environment. Government restriction, tariffs, globalization, environmentally sensitive areas and exploitation are problems that are costing millions of dollars for organization.

It may be apparent that in some cases, ethical implications are simply a costly hindrance that potentially forces businesses to finding alternative means to shift viewpoints, essays on corporate social responsibility. It is certainly a potential strategic tactic to gain public support to sustain a competitive advantage.

Unfortunately many consequential events are a reason why CSR policies become evident. But CSR opens up a whole new horizon for safer and better opportunities for both the employer and employee. It is now for more organizations to realize the importance of CSR, and take the right step towards success. Navigation Home mainmenu Home About Site Content Quality Guidelines Preserve Your Articles Disclaimer Privacy Policy ToS Copyright Contact Us Return to Content Article Shared By.

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The Importance of Corporate Social Responsibility

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Words Essay on Corporate Social Responsibility

 · Corporate Social Responsibility (CSR) is without doubt a key feature of national and global corporate citizenship in a much more competitive marketplace where the need to be responsive to needs of the society is even much more pronounced with the growing demand for environmental protection as a result of continued human despoliation of the blogger.comted Reading Time: 14 mins  · In , economist Milton Friedmann outlined his view that the social responsibility of corporations is to make profits within the boundaries of societal morals and laws (but cautioned that socially responsible initiatives by corporations could lead to unfocused management directions, misallocations of resources, and reduced market competition, opportunity and choice)  · Corporate Social Responsibility Strategies Essay. The key points to successful corporate social responsibility strategies for the companies are stated by (Crane, Matten and Spence, ) as; voluntary, managing externalities, multiple stakeholder orientation, social and economic alignment, practices and values, beyond blogger.comted Reading Time: 8 mins