Corporate Social Responsibility: An Evaluation of Its Relevance in Current Business Environment: Evidence from Australia

Corporate Social Responsibility: An Evaluation of Its Relevance in Current Business Environment: Evidence from Australia Essay example
High school
Essay
Finance & Accounting
Pages 40 (10040 words)
Download 0
Abstract Corporate Social Responsibility (CSR) is an integral part of corporations in the current period. Numerous cases that are committed against stakeholders by firms that are considered to be socially responsible have raised doubts regarding the congruence and coherence between CSR theories and its actuality…

Introduction

To further clarify this question, three sub-questions are also addressed by this research. First, what is the nature of CSR?. Second, how does CSR shape or influence corporate behaviour?. Third, what is the relationship between CSR and Corporate Financial Performance (CFP)? In addition, the research aims to analyse corporate social responsibility. It seeks to understand the current perception of some scholars regarding the importance of CSR and to know whether there is still meaning for CSR in the contemporary period. These are just some of the aims of the study. Moreover, to answer the questions and achieve the aims of the research, a documentary analysis has been adopted in the conduct of the entire research. Table of Contents Table of Contents 1 Figure 1 pg. 10 3 Section 1: Introduction 4 1.1. ...
Download paper
Not exactly what you need?

Related papers

The concept of corporate social responsibility (CSR)
Nonetheless, despite the debates and discourses about CSR, corporate social responsibility still requires further clarification (Dahlsrud, 2008). In addition, the current global economic downturn, which begun in 2007, has started the seeds of doubt regarding the relevance of CSR in the current global economic market (Lin-hi, 2009; Ludescher and Mahsud, 2010; Reis, Betton and Petana, 2005). This…
Corporate Social Responsibility: An Evaluation of Its Relevance in the 21st Century
Despite the debates and discourses, corporate social responsibility still requires further clarification (Dahlsrud, 2008). In addition, the current global economic downturn, which begun in 2007, has started the seeds of doubt regarding the relevance of CSR in the current global economic market (Lin-hi, 2009; Ludescher and Mahsud, 2010; Reis, Betton and Petana, 2005). This position has been raised…
Corporate Social Responsibility: An Evaluation of Its Relevance in the 21st Century
Recognising the integral importance of the current predicament of CSR in the business environment, this research will focus on some pharmaceutical companies in Australia as it seeks to address the question, ‘in the face of many socially irresponsible activities of corporations, is there still relevance for CSR in the conduct of business’ To further clarify this question, three sub-questions…
Corporate social responsibility
al, 2005). Activities of Corporately Socially Responsible (CSR) Firms: Coca cola international claims itself as a socially responsible multinational firm. It is currently operating in dozens of countries while honoring its commitment of being CSR efficient. As a sure sign of success not only has it been able to capture and sustain a remarkable 49% of market share in beverage market around the…
Corporate social responsibility reporting
CSER also commonly plays a central role in presenting a good picture of corporate accountability. For a long time now, CSER has been used as the best tool to encourage corporate strategies, policies and management decisions aimed at minimization of adverse environmental impacts of companies’ operations (UNEP, 1998). Since the development of the practices of corporate social environmental…
Corporate Social Responsibility (CSR)
There are various potential conflicts in the method of preparing documents and construction of strong approach and business activities. Corporate Responsibility is just a relative approach and has an objective basis, which is also known as unsustainable development methodology (Aras, Aybars and Kutlu, 2010). It is also considered as a radical managerial approach. The various other CSR theories…
corporate social responsibility
CSR Theories Corporate social responsibility reflects the responsibilities that firm have towards stakeholders and society. Corporations are often encountered with business choices that create a dilemma between their objective of maximizing profits and ethics. There are a few theories of CSR that provide the foundation to the CSR model for the implementation of the process. Political theory…