The concept of corporate social responsibility (CSR) - Thesis Example

Extract of sample
The concept of corporate social responsibility (CSR)

This study has one vital problem “Is there still relevance for CSR in the 21st Century?” In order to address this question, the researcher will be addressing three key sub-questions. These are: 1. What is the nature of CSR? 2. How does CSR shape or influence the importance of an organization? 3. What is the relationship between CSR and CFP? Corporate Social Responsibility (CSR) is an integral part of organizations in the modern era (Hemingway, 2002). It re-affirms the notion that organizations are not removed from the reality of the society where they are incorporated (Crane et al, 2008). Instead, it shows the fact that people have seemed modern organizations as actors in society and as such, are responsible to all the identified stakeholders of the company (Orliztsky, Seigle and Waldman, 2011). In this framework, the literature review will look into the factors that have contributed to the misgivings regarding CSR, the status of the current debates regarding the ‘goods’ derived from CSR, and the common understanding of CSR. This is important, as it will help clarify any conceptual ambiguities that may be inherent in the concept of CSR, and at the same time, guides in the understanding of CSR within the context of the 21st century “Great Destruction”. This conceptual clarification will assist in evaluating and determining not only the relationship of CSR with the financial performance and social performance of the organizations, but it will assist in the determination of the continued relevance of CSR in the 21st century. ...
Download paper

Summary

This research intends to analyze corporate social responsibility; to analyze the impact of CSR to companies in the banking and pharmaceutical sectors of Australia; to evaluate the CSR performance of some banking and pharmaceutical organizations in Australia. …
Author : loganspencer
Download 1

Related Essays

Finance and Accounting Essay: Corporate Social Responsibility
Nonetheless, it is in the last three decades that numerous discourses on CSR happened (Campbell 2007). There is an assumption that the notion of CSR has contributed to the changed nature of modern organizations (Tencati & Zolsnai, 2009). Since, CSR becomes the theoretical basis for organisations to accept the truism that their responsibility is not only to secure and increase profit for the firm (Milton, 1970), but it also includes being responsible to other actors in the society that maybe affected by the actions and activities of the company. The ‘noble’ intention underpinning CSR has...
20 pages (5020 words) Essay
Social Accountability
Corporate Social Responsibility (CSR) is “a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis” (ECCJ 2006).
...
11 pages (2761 words) Literature review
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 in view of the fact that many large companies who have been involved in illegal activities that have contributed immensely to the global economic downturn were organizations that have been evaluated...
27 pages (6777 words) Thesis
How Corporate Social Responsibility and Corporate Reputations Affect Profitability?
POSE 32 3.4.RESEARCH APPROACH 32 3.5.RESEARCH STRATEGY 33 3.6.RESEARCH METHOD 34 3.7.DATA COLLECTION 35 3.7.1.Secondary data collection: 36 3.7.2.Questionnaire For Primary Data 36 3.8.POPULATION AND SAMPLING TECHNIQUE 37 3.9.ETHICAL ISSUES 38 3.10.LIMITATIONS 38 3.11.RELIABILITY AND VALIDITY OF RESEARCH 38 3.12.SUMMARY 39 Chapter 4: Data Analysis 40 4.1.INTRODUCTION: 40 4.2.DATA ANALYSIS: 40 4.3.ANALYSIS: 50 4.4.SUMMARY 52 CHAPTER FIVE: CONCLUSION 53 5.1.INTRODUCTION 53 5.2.SUMMARY OF THE FINDINGS 53 5.3.MANAGERIAL IMPLICATION 57 5.4.RECOMMENDATIONS FOR FUTURE STUDY 58 References 60 Table o
50 pages (12550 words) Dissertation
Do corporate social responsibility (CSR) reports provide shareholders and stakeholders with useful information on corporate soci
This view is consistent with stakeholder theory which holds that firms are under a duty to take account of the interest “of all parties affected by their actions” (Branco & Rodrigues, 2007, p. 7). In this regard, CSR involves a variety of issues reflecting the firm’s societal involvement and include ethics, governance, philanthropy, product and environmental safety, human rights and social engagement (Branco & Rodrigues, 2007). The question for consideration is whether or not firms report on their CSR practices as a means of providing useful information about their CSR performance or...
6 pages (1506 words) Essay
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 reporting in the early 1990s, the reporting has largely been accomplished through communications or disclosures within annual company reports. The disclosure provides information about the environmental...
6 pages (1506 words) Essay
Corporate Social Responsibility
Corporate Social Responsibility
...
7 pages (1757 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!