There was a merger between Citroen SA and Peugeot SA in the year 1976 and the company ‘PSA Peugeot Citroen’ was established (PSA Peugeot Citroen, n.d.).
The company’s major stakeholders are Renault, Fiat, Tofas, BMW,…
All groups of stakeholders have certain interest in the company. The equity shareholders derive greater interest from the company’s return on investment.
The company’s CSR Group presents its shareholders with comprehensive and transparent information and precisely the records and events of its activities that are related to its accounts. The company along with the CSR Group maintain loyalty and transparency towards their customers and suppliers in order to develop and preserve long term confident relationships.
PSA Peugeot Citroen has signed an international agreement on social responsibility. They have committed to respect fundamental human rights, sharing social needs with industrial partners, sales network team, sub-contractors and suppliers and impact of company’s activities upon the local boundaries (PSA Peugeot Citroen, n.d.).
PSA Peugeot Citroen is guided by certain set of values that are griped by its employees, executives and reaffirmed in the group’s objectives to promote conscientious progression. These aspirations are associated with the collective commitments towards the key stakeholders, consumers, partners, community and employees (PSA Peugeot Citroen, 2010).
The laws abided by the company include conformity with laws and regulations, non-admittance of inner information and genuineness of accounting statistics, information and indicator (PSA Peugeot Citroen, 2010).
The aspects include respect for essential human civil rights, conformity with place of work related to health and safety rules, Admiration for the surroundings & prevention of prejudice, Nuisance and impolite behaviour, Reverence for private life (PSA Peugeot Citroen, 2010).
The factors considered under this aspect are the transparent affairs with consumers, vendors and competitors, restrictions on aids and provocations, utilization and security of ...
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