StudentShare solutions
Triangle menu
  • Home
  • Subjects
  • Business
  • The Business Case for Corporate Social Responsibility: A Review of Concepts, Research and Practice

The Business Case for Corporate Social Responsibility: A Review of Concepts, Research and Practice - Article Example

Free

Extract of sample
The Business Case for Corporate Social Responsibility: A Review of Concepts, Research and Practice

The article observed in the study reflects the potential benefits that business communities and organizations derive from engaging in CSR policies, activities, and practices. The article analysis would improve the practice of corporate social responsibility. This paper describes the context in which the article was written and the criteria by which the article will be evaluated. It is a recent article which was written in 2010 when organizations had given great emphasis on the concept of corporate social responsibility as an effective tool for enhancing profitability. The concept of corporate social responsibility works on the idea that business houses have additional responsibilities to society other than making profits for the welfare of the shareholders and for the firms’ better stature. This article will be evaluated on the basis of three criteria such as presentation, authenticity, and significance. The paper provides a summary of the article. This article contains mainly four parts; one, background and historical perspectives of CSR are presented; two, arguments for and against CSR are illustrated; three, the necessity of CSR for business case purposes is defined and documented; four, evidence of the business case for CSR is produced. According to Bert Spector, the beginning of the current social responsibility movement can be traced back to the early years (1945-1960) of the Cold War. The article writers argue that the social responsibility sector underwent tremendous changes

Check these samples - they also fit your topic

Article Review
Carroll and Kareem, M. Shabana, in “The Business Case for Corporate Social Responsibility: A Review of Concept, Research and Practice”, introduces issues of cooperate social responsibility concern by various stakeholders and business community. The articles explore the concern of businesses in pursuing CSR policies and strategies on their financial system.
3 pages (750 words) Book Report/Review
Ethical/Social Responsibilities
Business firms are being called upon to take accountability for the manner of carrying out their business which can have effect on societies and the natural environment. According to D’Amato, Henderson and Florence (2009), companies are also being forced to enforce sustainability principles to their process of business operations, where sustainability stands for a firm’s activities, normally considered voluntary that explains the involvement of social and environmental concerns in business operations and in relations with stakeholders.
6 pages (1500 words) Essay
Module 4 - Case Business Ethics and Corporate Social Responsibility
Organizations, therefore, have to perform under certain control and constrains, and their actions shall not result in general damage to the society as a whole. Society, therefore, expects that all the citizens including organizations must work in a manner which is mutually beneficial for all the stakeholders.
7 pages (1750 words) Essay
Research Project : Corporate Social Responsibility
The term CSR can be defined as the adoption as well as the execution of different sorts of initiatives by organizations in order to deal with the issues related to environment. It has been apparently observed in this similar background that business operations of different companies release harmful chemicals as well as gases to the environment resulting in affecting the health of the people living around at large.
7 pages (1750 words) Research Paper
Corporate Social Responsibility Case Study
It is difficult to measure Corporate Social Responsibility (CSR) on the basis of profits or loss of a company. The nature of CSR is internal or external to a company. That is, the company may choose to internalize CSR by integrating CSR standards to its daily routine such as the one followed by us at Nestle (Nestle, 2010).
8 pages (2000 words) Case Study
Synthesis and Evaluation
Two of these are seminal articles, while the other three are recent articles. Philosophically, Friedman (1970) is very objectivist as he argues that the only reason that businessmen would
2 pages (500 words) Essay
Case study Corporate social responsibility and NGOs ( International Business)
On the other hand, the ever-rising complexity and uncertainty of the global business environment in the era of globalization has made it completely difficult for enterprises to achieve their primary objectives due to the myriad pressures that
12 pages (3000 words) Essay
The business of business is business (Friedman, 1970). Discuss how corporate social responsibility can be justified to key stakeholders, using examples
Over the years, there have been increased debates on this topic that has continued to divide renowned economists. In his statement, Friedman asserts that the business of the company is the business of the enterprise. In saying this, he attempted to show that
5 pages (1250 words) Essay
Business Ethics
The approach that the author will take to research this subject will include a myriad of companies that have employed corporate social responsibility within their frameworks. He will focus on the state of affairs in controversy-stricken global businesses and highlight the importance of a dominant brand name in pulling the company out of the controversy.
5 pages (1250 words) Research Paper
during the 1960s and early 1970s. In the 1980s, a series of researches were conducted for the further improvement of this concept. In the second part, authors present different views regarding the concept of CSR. The major argument against the concept of CSR is that the ultimate goal of an organization is to maximize its profits other than resolving social issues. In contrast, arguments in favor of CSR mainly reflect the idea that this concept is the part of firm’s long-term interest and international expansion. Then the paper presents different definitions for CSR. The definitions of CSR vary on the basis of their area of focus. Authors opine that the idea of CSR is subcategorized into different classes that constitute a business’ fulfillment of legal, economic, ethical, and discretionary/philanthropic responsibilities. Finally, in the last session of the paper, empirical evidence is presented to show the various benefits that a business concern may get by practicing social responsibility programs. This part greatly supports the view that CSR programs can considerably contribute to business profitability. This paper provides an evaluation of the given article. The evaluation section is presented in different parts and each part deals with different ideas such as how well the article achieves its goal, what possibilities are suggested by the article, what the article’s shortcomings are, how the article compares to others on the subject, what points are most convincing, and what the personal experiences are. This article intends to identify whether or not the concept of CSR would add to organizational interests.

Summary

This study will present a critical analysis of the article “The Business Case for Corporate Social Responsibility: A Review of Concepts, Research and Practice” written by Archie B.Carroll and Kareem M. Shabana and published in the International Journal of Management Reviews.

Author : jaidenhowell
The Business Case for Corporate Social Responsibility: A Review of Concepts, Research and Practice essay example
Read Text Preview
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation