Social responsibility of business economics discussion. Corporate social responsibility linkedin slideshare. The corporate social responsibility debate digitalcommons. Pdf corporate social responsibility csr and corporate. Nerone, j 1995, social responsibility theory, in last. Corporate social responsibility csr has been found to positively affect the financial performance of firms. Corporate responsibility best practices powerpoint slides. A free powerpoint ppt presentation displayed as a flash slide show on.
This encyclopedia entry provides an overview of the topics of corporate social responsibility csr and corporate social performance csp. Social responsibility obligations interact with a number of other concepts, including taxation, transfer pricing, competition, transfer of technology, employment, environment, illicit payments and transparency. Revisiting four theories of the press, university of illinois press, urbana, pp77124. The social responsibility of nonprofit organisations 8 the social responsibility is the individual sum of the individual responsibilities of the members who take part in the organisation. Defining corporate social responsibility csr analyses economic, legal, moral, social and physical aspects of environment. In 2010, the international organization for standardization iso published an international standard, iso 26000. Moral principles prescribe rules of acceptable behavior that are intended.
Corporate social responsibility section 1 introduction 1. They indicate when behavior is acceptable and when it is unacceptable. Individual and corporate social responsibility princeton university. Handbook on corporate social responsibility in india. Corporate social responsibility and sustainable business. Corporate responsibility or sustainability is therefore a prominent feature of the business and society literature, addressing topics of business ethics. Adopting key social responsibility principles, such as accountability and transparency, can help ensure the longterm viability and success of any organization or system. Understand the responsibility business has to society. Corporate social responsibility and sustainability. The need of personal responsibility and integrity in. A project report on corporate social responsibility csr. Social responsibility is a duty of every individual has to perform so as to maintain a balance between the economy and the ecosystems. Corporate social responsibility csr has evolved from simple philanthropy to a more theoretical concept with a new corporate philosophy that takes all the interests of all stakeholders into.
The concept of corporate social responsibility as a paradigm for firms and businesses to follow has evolved from its early days as a slogan that was considered trendy by some firms following it to the present day realities of the 21st century where it is no longer just fashionable but a business requirement. Pdf appraisal of corporate social responsibility of mining. Role of corporate social responsibility in organization. A strategic approach towards corporate social responsibility for business sustenance a strategic approach towards corporate social responsibility for business sustenance a study paper. The multitude of companies and markets results in different interpretations of the term.
Corporate social responsibility comprehensive powerpoint presentation 152 slides with participant handout. The social responsibility of nonprofit organisations. Perceptions and definitions of social responsibility. Social contract theory thomas hobbes state of nature we implicitly accept a social contract establishment of moral rules to govern relations among citizens government capable of enforcing these rules jeanjacques rousseau in ideal society, no one above rules that prevents society from enacting bad rules. Conceptions of sr differ according to national social and economic prioritieswhich are themselves influenced by historical and cultural factorsand according to the different types of social actors that are demanding action on these priorities. Project report on the historical perspectives of corporate social responsibility. Summarize the responsibilities of business to the general public, customers, and employees. Be consistent the purpose of this presentation is to provide an overview of important considerations regarding social media use as well as other forms of electronic communication.
Social responsibility of business and social contract. Corporate social responsibility csr for short is the internationally regarded concept for responsible corporate behavior although it is not clearly defined. Sporting event as a corporate social responsibility strategy. It takes 20 years to build a reputation and only 5minutes to ruin it. There are four dimensions of business responsibility economic responsibility to earn profit for owners legal responsibility to comply with the law societys codification of right and wrong ethical not acting just for profit but doing what is right, just and fair voluntary and philanthropic promoting human welfare and goodwill. This is what makes corporate social responsibility such a thoughtful subject to deal with. Corporate social responsibility is emerging as a new field in the management research. If so, what is the extent and type of the responsibility. Corporate social responsibility corporate social responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large.
Corporate social responsibility is a business process a company adopts beyond its legal obligations in order to create added economic, social and environmental value to society and to minimize potential adverse effects from business activities. They also tend to link social responsibility and ethics into one connected issue carroll, 1991. Corporate social responsibility is the debt that corporates owe to the society and which needs to be repaid. Ethics of corporate social responsibility csr is the property of its rightful owner. Ethics and corporate social responsibility 1 chapter 6. The four types of corporate social responsibility are environmental sustainability initiatives, direct philanthropic giving. In fact, we recently conducted the aflac corporate social responsibility survey, a study of more than 6,000 people that directly tied strong corporate social responsibility to business success. Practice, theory, and challenges find, read and cite all the research you need on researchgate.
Social responsibilities of organization towards employees. Generally speaking, these initiatives are based on sustainability in four different categories. It encompasses not only what companies do with their profits, but also how they make them. Corporate social responsibility in the mining sector. An overview and new research directions the idea of corporate social responsibility csr that is, businesses bearing a responsibility to society and a broader set of stakeholders beyond its shareholdersgained currency in the 1960s. The notion of corporate social responsibility csr ranges from a broad view of a. Ppt ethics and corporate social responsibility powerpoint. Corporate social responsibility powerpoint presentation. Social responsibility is an ethical framework and suggests that an entity, be it an organization or individual, has an obligation to act for the benefit of society at. Use resources and capabilities to increase profits for shareholders stay within the rules of the game fiduciary responsibility of employees to owners, i. Our approach to corporate social responsibility csr. Corporate social responsibility may be defined as the commitment of businesses to contribute to sustainable economic development, working with employees, their families, the local community and. This concern for the social responsibility of business has even accelerated since the fall of the berlin wall and the onset of globalization.
Business development, corporate social responsibility, growth strategy, innovation. Csr is liable to hold back the development of poor countries through the suppression of employment opportunities within them. Bbk is recognized for its social responsibility welcome to bbk. Social responsibility of a business refers to what the business does, over and above the salutary requirement, for the benefit of the society.
It is an appreciation from the international and local societies for the commitment of these organizations towards the understanding of sustainability and the implementation of the initiatives related to csr. View and download powerpoint presentations on corporate social responsibility ppt. Appraisal of corporate social responsibility of mining companies and sustainable development of shamva community in zimbabwe may 2016 conference. Scribd is the worlds largest social reading and publishing site. Responsibility is the key word of a 1943 document conceived by robert w. Csr activities are equal to theft equal to imposing tax. Csr within the european union in short corporate social responsibility csr describes the general responsibility of a company for sustainable management in an economical, ecological and social respect. Social responsibility for broad based empowerment in the mining industry.
Corporate social responsibility meaning, need and its evolution. Introduction to leadership discussion of the differences between leadership and management, different types of power. This document is available at corporate social responsibility. Illustrate corporate social responsibility presentation with editable ppt graphics powerpoint design services presentation designers this slide links together corporate social responsibility and maslows hierarchy of needs. Individual and corporate social responsibility by roland b. Corporate social responsibility powerpoint template. If you continue browsing the site, you agree to the use of cookies on this website. Corporate social responsibility involves responsibilities outside of making a profit and the key questions for corporations include. Describe environmental concerns that affect business. Societys demands for individual and corporate social responsibility as alternative responses to market and distributive failures are becoming increasingly prominent.
Business ethics and social responsibility learning goals discuss how organizations shape ethical behavior. Global concerns have been given an additional edge by the awful events of 11 september. It is a dynamic and contestable concept that is embedded in each social, political, economic and institutional context. Thank you corporate social responsibility main concepts of csr csr carrol, 1979 firms have responsibilities to societies including economic, legal, ethical and discretionary or philanthropic. Employees are said to be the true assets of an organization. Corporate social responsibilitycsr ppt download citehr. Im proud to share this report, which shows that we focus our investments where our assets and capabilities can bring social and business value, like in cancer, infectious disease and. We use cookies to let us know when you visit our websites, how you interact with us, to enrich your user experience, and to customize your relationship with our website. Sep 01, 2010 corporate social responsibility lecture notes 1. Foundations of management the characterizations of an organization. Social responsibility is a theory that asserts that businesses, in addition to maximizing shareholder value, have an obligation to act in a manner. Nerone, j 1995, social responsibility theory, in last rights. Social responsibility of businesspresentation authorstream. If so, share your ppt presentation slides online with.
Describe how businesses social responsibility is measured. However, firms are increasingly monitoring outcomes that are not tr aditional. Corporate social responsibility policy framework preface. Project report on corporate social responsibility csr. Chidambaram, who gave away the awards, may 16, exhorted industry leaders to desist from noncompetitve and carteltype behavior and sustain growth by. The credo, which is a manifest of the companys basic values, has led the way for the companys employees for the last seventy years, reminding them of social responsibilities and other shared values. By understanding the concept of social responsibility in humanistic approach, it is to allow for establishing content validity of the multidimensional nature of corporate humanistic responsibility. Four types of corporate social responsibility bizfluent.
Evolution of the corporate social responsibility concept for a better understanding of the new csr features, it is more than necessary to have a sneak peek in the history of this concept. Corporate social responsibility csr has recently become a strongly debated topic. Corporate social responsibility towards employees case of. Executives of organizations are more concerned to develop moral values in business operations. Leaving our duckprints corporate social responsibility report. Corporate social responsibility csr template editable. Social responsibility theories augustine joseph, faculty of theology, ku leuven university, belgium. Professionally built corporate social responsibility csr powerpoint template with full customization option for high impact presentation ready for immediate download. Corporate social responsibility lecture notes lectures. Most organizations can be placed somewhere in between. Contributes to sustainable development, including the health and welfare of society. The adobe flash plugin is needed to view this content. Also, in order to know how the corporate responsibility concept will develop, it is important to know its origins. Business should not only be responsible morallyto the stakeholders but also to thesociety, environment and towards a sustainableplan.
Social responsibility theory allows free press without any censorship but at the same time the content of the press should be discussed in public panel and media should accept any obligation from public interference or professional self regulations or both. The area defined by advocates of csr increasingly covers a wide range of issues such as plant closures, employee relations, human rights, corporate ethics, community relations and the. Jul 31, 2015 social responsibility is a duty of every individual has to perform so as to maintain a balance between the economy and the ecosystems. It is evident from above, the social responsibility of business implies that a corporate enterprise has to serve interests other than that of common shareholders who, of course, expect that. Social responsibility can be explained as the obligation of the firm to use its resources in ways to benefit society, through committed participation as a member of society, taking into account the society at large and improving the welfare of society at large independent of direct gains of the. Corporate social responsibilitycsr chicos fas, inc. Corporate social responsibility as an obligation according to j. We believe companies must give back to their neighborhoods, communities, nation and world. Linked references are available on jstor for this article.
Corporate social responsibility, responsiveness, and. Social responsibility and managerial ethics, social. Lei 2011 in his analysis on evolution of csr definitions maintained that the area of focus to all. The people who design, make and sell our products, the who people. Extract from an interview with an organisation this is the birth of a sustainable society. Each social actor evolves towards more sustainable social and. This interactive pdf enables you to navigate easily. Societys demands for individual and corporate social responsibility as an alternative response to market and distributive failures are becoming increasingly prominent. This prestigious award comes as a recognition for the efforts organizations are investing in the corporate social responsibility.
It is in this context, that the handbook on corporate social responsibility in india developed by pwc india for cii can play an important role. It comes in different color themes and has hd illustrations. Social responsibility sr is the responsibility of an organization for the impacts of its decisions and activities on society and the environment through transparent and ethical behaviour that. The first key statement to specifically mention the social responsibility of.
Corporate social responsibility is a form of selfregulation that reduces risk and liability for companies who practice it, improves reputation and community relations, and encourages a more dedicated and productive workforce. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. Friends i have found very limited postings in context of social corportae responsibility and i am focusing on the same and in the process i have made a small presentation on csr for my company which i am sharing with you friends. Narayan and others published corporate social responsibility. There are four dimensions of business responsibility. Corporate social responsibility has evolved dramatically as companies have become more transparent and. Implementing corporate social responsibility 18 task 1. The cii being the leading industry body, through this handbook, envisages equipping companies for this shift of. Thematic issue on corporate social responsibility corporate social responsibility. Striving for social responsibility helps individuals, organizations and governments have a positive impact on development, business and society with a positive contribution to bottomline results. Find powerpoint presentations and slides using the power of, find free presentations research about corporate social responsibility ppt. As such, social responsibility provisions interact with a great number of other issues to. Social responsibility is a means of achieving sustainability. Corporate social responsibility csr is a concept whereby organizations serve the interests of society by considering the impact of their activities on customers, employees, shareholders, communities and the environment in various aspects of their operations.
In a nutshell, csr refers to the moral and ethical obligations of a company with regards to their employees, the environment, their competitors, the economy and a number of other. Explain why investors are concerned with business ethics and social responsibility. Corporate social responsibility initiatives are standards and measures that businesses put in place to benefit society. However, the idea of corporate social responsibility is not new. Corporate social responsibility introduction the debate about corporate social responsibility csr began in the early 20th century, as concerns about large corporations and their power came to the fore. Nabout and jean tirolej princeton university \toulouse school of economics final version received 6 november 2009. Introduction to csr corporate social responsibility slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Corporate social responsibility powerpoint presentation content. Corporate social responsibility meaning, need and its. Quest diagnostics corporate social responsibility report 20.
If you belong to the hr department of your organization or works as a key member of your companys csr body, then you should definitely take the assistance of this professionally designed corporate social responsibility csr powerpoint template. Corporate social responsibility lectures lecture 1. Role of corporate social responsibility in organization ms yogita sharma mba department, icl group of colleges, kurukshetra university, india abstract. Unit 1 foundations of management organizational leadership. Business, through the ages, demonstrated varying degrees of responsibility to the society. The terminology used to refer to social responsibility is important, having. Corporate social responsibility csr is still a relatively new corporate. Corporate social responsibility group 3 corporate social responsibility corporate social responsibility csr is generally defined. An overview of corporate social responsibility 4 what is the business case for csr. Pdf what is corporate social responsibility all about. C101 define social responsibility c102 cite examples of social responsibility c103 explain the concept of business stakeholders.
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