Social Responsibility Essay Examples - Free Research Paper Topics on StudyDriver.com

Two Greatest Risks to Voluntary Social Responsibility

Richardson (2015) best states that the greatest risks of demonstrating social responsibility in the retail industry are “the threat of substitution and capricious consumers” (p. 98). The greatest risks M&S may face in their endeavor to engraft their sustainability plan (Plan A) into every sector of its organization are twofold – loss of competitive advantage due to substitution and/or overreach that can lead to systemic mistakes. With the early 1970s movement of social responsibility for consumer purchasing and the environmental […]

Microsoft’s Success in Communicating its Corporate Social Responsibility to Employees

In any given business, how the company communicates both internally and externally is very important. During strategic organizational changes that will affect how the company conducts its operations, carefully considered communication may be the only differentiating factor between success and failure for all the stakeholders of the organization. This study aims to evaluate and analyze the organizational communication strategy of a major US company. The corporation I have chosen to examine is Microsoft, in which I discuss how the company’s […]

Reasons for Companies Engaging in Corporate Social Responsibility

The development of CSR ideals and the shift in the expectations of stakeholders has raised the question to managers worldwide whether or not improving the performance in CSR activities pays off for firms in the long term, that is, whether the use of company resources to address social, environmental and governmental issues will increase firm value and improve financial performance, ultimately benefiting the company. CSR commitment is costly and requires that companies spend their limited resources that could otherwise be […]

Social and Environmental Reporting would Benefit from Greater Stakeholder Exclusivity.

Social and environmental reporting would benefit from greater stakeholder inclusivity. REFLECTIVE THINKING The concept of corporate social responsibility (CSR) is very modern and now applies to more and more businesses. This topic piqued my interest because a lot of companies in my country have begun to adopt CSR and adopt social and environmental reporting. I am aware of the concept of corporate social responsibility, but I did not know its social and environmental dimensions. I mostly believed that corporate social […]

The Social and Environmental Reporting

AIM The aim of this research work is to observe and analyze the implications of marginalizing Social and Environmental reporting and explain how such reporting can be strengthened. RESEARCH OBJECTIVES Problem statement Conventional accounting reports place more emphasis on the financial performance of reporting entities compared to their social and environmental performance. Guidance on social and environmental reporting is currently provided by organizations outside the accounting profession, such as AccountAbility (AA) and the Global Reporting Initiative (GRI). We are going […]

Corporate Social Responsibility in IKEA

I choose IKEA for my socially responsible company because they have a positive impact on the community, they have a good reputation and brand image which makes them unique. The brand is something to be created by a deep understanding of culture, traditions, fashion updates, the trend in market and demand in the market. An organization or firm, which fulfills the requirements of all the qualities of the market by using branding strategies, will stand first and will have a […]

Stakeholder Theory Essay Example Pdf

Introduction Since renowned economist Friedman (1970) expressed his strong convictions on the need for social responsibility in business, there has been much development in the theory and practical application of social responsible initiatives (McWilliams, Seigel & Wright, 2006). A whole movement has developed to cover a range of ethical practice which is now labelled under the umbrella of Corporate Social Responsibility (CSR). Many executives today face a dilemma between feeling compelled to invest in CSR initiatives whilst maintaining the cost […]

Arguments for and against Essay Example Pdf

Corporate Social Responsibility Defined Corporate social responsibility (CSR) is when a corporation exceeds statutory business standards (Johnson and Scholes 2008). CSR policies are relevant because they state what a company intends to achieve, in addition, to its statutory obligations. A corporation has to comply with legal standards such as employment contracts. However, a company can exceed those principles if it chooses to pay a ‘living wage’ rather than the minimum wage (Bloomer 2014). Introduction to the Critical Discussion The discussion […]

Ethics in Business in Corporate Responsibility

Introduction Ethics in Business in corporate responsibility is crucial and to the business world it has become of increasing concern over the last two decades. Anderson (1989) agrees that in today’s generation, businesses must also reflect on ethical, legal, social and moral; significances of their verdicts. For listed companies it is now mandatory that they include a section on corporate social responsibilities in their annual reports. However, CIMA (2010) argues that many firms routinely ignore ethical considerations despite codes of […]

Do you Think Firms have any Responsibility to Society?

MBC 703 –CORPORATE FINANCE & ACCOUNTS ASSIGNMENT: The Primary goal of a firm has been held out to be shareholder wealth maximization which translates to maximizing stock prices. In light of this statement, do you think firms have any responsibility to society? BY Akanji Emmanuel olusegun BSU/MS/MBA/08/3104 FACULTY OF MANAGEMENT SCIENCE MASTER OF BUSINESS ADMINISTRATION (MBA) BENUE STATE UNIVERSITY MAKURDI. AUGUST,2010 1. 0 Introduction: The fundamental economic role of business is to make profit and to maximize shareholders wealth. Therefore, […]

Decision Making of Diageo Alcohol Company Business Essay

Diageo is an outstanding alcohol company across the world. Its market includes 180 countries around the World. It produces a variety of alcohol including spirits, wine, and beer. It holds a handy number of alcohol brands. Among them, Johnnie Walker, Smirnoff, Guinness, Captain Morgan, Baileys, and J&B are the most familiar to us. Diageo is founded in 1997 with its headquarters located in London, United Kingdom. In comparison to its alcohol brands, Diageo is still a young company. For example, […]

Global Reporting Initiative and its Sustainability Business Essay

The Global Reporting Initiative was firstly organized by the coalition for Environmentally Responsible Economies Services (CERES), a non-profit union of over 50 investor, environmental, spiritual, labour and social justice groups. Its idea is that “reporting on environmental, economic, and social performance by all businesses is as practice and similar as financial reporting. The GRI has increased a set of main metrics planed to be related to all business enterprises, a set of sector exact metrics for exact types of enterprises […]

Brief Analysis of Coca Cola and Pepsico Business Essay

Introduction The interest in corporate social responsibility, sustainable business practice, corporate governance, business ethics, and integrity and compliance management has grown markedly in the past decade (Waddock et al., 2002). It is not only stakeholders who expect companies to pay greater attention to norms, values and principles; companies themselves are acknowledging the importance of responsible business practice (Waddock et al., 2002). But what are a company’s responsibilities? It is widely recognized that we are in an environmental crisis, no doubt […]

Why Ethics is Important in Business

Ethical concerns play today an increasing role when it comes to business and marketing brand images. However, before talking about the impacts on ethics for businesses today, it seems essential to define what “ethics” really mean in relation to businesses. According to Crane and Matten in, Business Ethics (Oxford, Fourth Edition, 2016), business ethics can be defined as the study of business situations, activities and decisions, where issues of right and wrong are addressed. It refers to the situations that […]

Largest Wind Power Company ‘Siemens’

I want a career with the best of the best. That is why I want to work for Siemens, one of the largest wind power and technology companies in the world. Originally founded in 1847 by German inventor Werner von Siemens, the company has over 170 years of history and vital experience developing the machinery and technology that is shaping our future. Siemens is headquartered in Munich, Germany and employs 385,000 employees in more than 200 countries/regions. The current CEO […]

Ethics and Integrity

The field of ethics and integrity research is rapidly gaining traction because it focuses on the identification of interventions that would lead to the improvement of individual behaviors in society. Existing studies have developed varying definitions of ethics and integrity. Ethics refers to the moral principles that govern the behaviors of a person (Carroll 11; Jurkiewicz and Maesschalck 5). Integrity, on the other, refers to the quality of being honest and demonstrating strong moral principles (Jurkiewicz and Maesschalck 5). Ethics […]

Corporate Citizenship Audit

Tesla’s CEO Elon Musk has recently made a tweet suggesting that he was taking the company private once stock hit $420 per share. This has caused uproar with the Securities and Exchange Commission (SEC). The central concern for the SEC is that Musk made it seem like he already had the money lined up and the price confirmed, with a shareholder vote being the only thing standing between him and privatizing Tesla. (Irfan 2018). Since this tweet has caused so […]

Ethics Reflection Paper

Ethics Reflection Paper Lourdes Munoz STR/581 Strategic Planning & Implementation September 2nd, 2010 Gary Solomon Abstract Ethics and Social responsibility resides in an important set of our own personal values. When it comes to Business matter and operation the customer must feel confidence and this has been taken for granted several times on recent corporate scandals and collapses, a perfect example of missed conducted ethic and responsibility is Enron. Is extremely important for companies to incorporate ethics and responsibilities to […]

Different Approaches Example for Free

This assignment will critically discuss three approaches to Corporate Social Responsibility (CSR) which are as follows: CSR as value creation; CSR as risk management and CSR as corporate philanthropy. For the purposes of this assignment, the definition of CSR will be based on Carroll’s CSR Pyramid (1991) which states that the economic, legal, ethical and philanthropic responsibilities of the organisation are dependent upon their particular context (Crane and Matten 2010). This first section of the assignment will critique CSR in […]

Corporate Governance and Company Law

INTRODUCTION Modern business enterprises taking tremendous effort to maximize their profits by implementing their own market strategies, corporate governance has lot to do under such circumstances. Corporate governance comprehensively refers to the main mechanism which involves in the process of regulation and existence of an enterprise.The separate legal entity concept where a company possesses and its distinct nature from the members who fund in their money towards the capital of the enterprise and empower its management to a team of […]

Role of Ethics in Corporations

The Role of Ethics in Corporations Introduction Corporates are the companies incorporated to carry out businesses in specific areas of their interest. They are governed by ethics which are more or less the codes of behavior that every company and company employee is expected to adhere to. In business it’s the study and evaluation of business decision making based on moral concepts and judgments. (encyclopedia2.thefreedictionary, 2009) It’s the study of principles relating right or wrong conduct (wiktionary, 2009) they are […]

Being Global in Business

Introduction The Financial Times (1997) refers to an MNE as a company that operates as well as aspires to operate on an international scale and consequently thinks of its sales in terms of shares of the global marketplace rather than on a national or regional basis. Globalization, shareholder interests and competitiveness have created a climate where multinational enterprises (MNE’s) must expand or either be acquired and lose market share. To achieve such ends, they have resorted to attempting to standardize […]

Example Answers to Exam on Organization and Leadership

In what way have Rossi and Matheson shown an ability to identify an opportunity? A creative characteristic is that someone can “spot opportunities that other people overlook. Opportunity seeking is associated with entrepreneurial leadership because the entrepreneur might build an organization around an unmet consumers need” (DuBrin, 2010, pp.363). The idea behind the DirtMarket arose when Rossi in 1999 as a manager for a commercial construction company realized how much time and effort went into handling dirt and contractors had […]

Example Assignment for Examining Business Ethics

Chapter 1: Executive Summary Business ethics in an organization is to establish codes of conduct with the respected and positive attitude for employees. The Caux Round Table Principles, Organization of Economic Co-operation and Development Guidelines for Multinational Enterprises and United Nations Global Impact can be entirely used to explain and analysis the importance of business ethics in the workplace. The ethical problems including gender diversity, sexual harassment, age discrimination and racial discrimination, lack of communication and lack of corporate social […]

Ethical Standards Require Businesses and Individuals to Use Moral Principles

One difference between an ordinary decision and an ethical one lies in “the point where the accepted rules no longer serve, and the decision maker is faced with the responsibility for weighing values and reaching a judgement in a situation which is not quite the same as any he or she faced before”. (Ferrell, Fraedrich, 1994) Ethics is not simply a glorified intellectual game, of no practical relevance. We become moral individuals by practice; good at being truthful by habitually […]

CSR Implementation – Long Term Plans

Thirdly, UVN and TMV are among typical successful examples of business firms that pursue a long-term plan for their CSR implementation. This can be seen in Unilever Sustainable Living Plan launched in 2010 which specifies the direction and sets out primary objectives to be achieved by the company up to 2020. In this plan, UVN not only sets clear targets but also presents major areas of CSR to be addressed as well as detailed action plans for each area. USLP […]

Business Ethics and Values

BUSINESS ETHICS AND VALUES The decision makers in the “Something Rotten in Hondo” are George the Plant Manager and Bill George’s boss. The primary stakeholders are George, George’s family (Mary his wife and two children) , EPA (Environmental Potential Agency), the Mexican government, the town of Hondo, all who are affected by the plants pollution and the environment. George had moved from E1 Pasco with his family four years ago, Texas to Hondo assuming the role of the manager at […]

Tesco and Sainsbury

Importance of CSR: Case studies of Tesco and Sainsbury Executive Summery Corporate social responsibility which needed explanation some decades ago, is now included almost every mission statement and does matter in the recent time. It is to a very large extent true that with the awareness of consumer, Media, certain rules from the authorities and pressure from NGOs have lessen the harm of the corporate world to the society. But on the other hand it has been observed that if […]

Tata Nano

1Corporate Social Responsibility in developing countries such as India – using Tata Nano as a case study 1. Introduction A company’s main business objective is maximisation of shareholder’s wealth by means of achieving higher profit. Business managers are entrusted with shareholders money so that they could run the company efficiently and profitably. According to Sloan (1964) “the strategic aim of a business is to earn a return on capital and if any particular case the return in the long run […]

Social Responsibility Essays