The Nature And Evolution Of Csr - 1238 Words

Chapter 2. Literature Review 2.1 The nature and evolution of CSR To understand the nature of the phenomenon CSR and what it entails would require of us to strip today’s definition down to its bare bones, trace its past and look into its evolutionary future through the work of writers in this space. With this understanding, it may be possible to look into how CSR can be ported over to a context where culture, organizational and social, differ from where it was originally conceived- the more developed Western world. The (Commission, 2015) defines CSR as â€Å"companies taking responsibility for their impact on society†. It adds that CSR should be initiated by companies, with public authorities playing a supporting role through policy and regulation. Companies the commission would consider as socially responsible would have to comply with the law, integrate social, environmental, ethical, consumer and human rights concerns into their business and strategy operations. This recent definition of CSR covers most if not all of the angles of the different definitions and models of CSR put forth by writers in the CSR space. However as written by many authors, this is a dynamic field that continues to evolve (Carroll and Shabana, 2010, Geva, 2008, Carroll, 1999, Lee, 2008, Pirnea et al., 2011, Waddock, 2008). According to (Spector, 2008) its roots can be traced to the pre- World War II era (early years of the cold war), but for the sake of this paper we shall not go that far back. WeShow MoreRelat edArgument For Corporate Social Responsibility1082 Words   |  5 PagesArguing for Corporate Social Responsibility Introduction: The Corporate Social Responsibility (CSR) originated in 19537 with the publication of Bowen’s book Social Responsibilities of Businessmen (Carrol, 1999). Some perceived that at that time, the emphasis is placed on business people’s social conscience, rather than on the company itself. Some argue that corporate entities do not have any social responsibility except the ones that were written in agreement with government while establishing corporateRead MoreArgument For Corporate Social Responsibility1082 Words   |  5 PagesArguing for Corporate Social Responsibility Introduction: The Corporate Social Responsibility (CSR) originated in 19537 with the publication of Bowen’s book Social Responsibilities of Businessmen (Carrol, 1999). Some perceived that at that time, the emphasis is placed on business people’s social conscience, rather than on the company itself. Some argue that corporate entities do not have any social responsibility except the ones that were written in agreement with government while establishing corporateRead MoreAnglo American Corporate Social Responsibility1514 Words   |  7 Pagesresponsibility†¦Ã¢â‚¬ , the improvement of the notion of Anglo-American corporate social responsibility (CSR) has rapidly expanded. This essay will review the important concept around Anglo-American CSR, its development and provide a verdict on the extent whether liberalisation, globalisation, and developments in the markets for debts and equity are impacting the tradition view of an Anglo-American public corporation and the nature of its soc ial responsibility. 2. Tradition view According to the research from CernatRead MoreDuty Of Care And Diligence1078 Words   |  5 Pagesliquidator or individual creditors can also sue the directors for the breach of this duty. S 588G is only applicable at the time of the insolvency of company and a debt has been incurred. Officers or employees are not affected by this section. 2. Evolution of director’s duties and responsibilities 2.1 A short history of director’s duties Company law in Australia was initially derived from English law with several indigenous modifications from year 1828 (Bathurst, 2013). Early Australian legislationRead MoreBusiness Ethic2038 Words   |  9 Pages-Family -Friend -Religion -school -Media -ethic Background Difference between intrinsic and instrumental value? intrinsic instrumental value Something that has value as an instrument to reach an end goal Value belonging to something by its very nature. The Golden Rules Do unto others as you would have them do unto you. Ethical Theory can divide 2 category: i) virtuous ethics ii) ethic for the greater good iii) universal ethic Ethical Relativism A tendency to make ethical choices onlyRead MoreHow Corporate Social Responsibility ( Csr ) Has Evolved Over Time2289 Words   |  10 PagesIntroduction The purpose of this essay is to discuss how corporate social responsibility (CSR) has evolved over time. The relative issue of greenwashing will also be discussed in regards to its rise as well as driving factors for its use, and how activist groups and NGOs are targeting and combating the issue. What is CSR? Firstly, we must understand today’s definition of CSR and the concept of the triple bottom line. Cherry and Snierson (2011, 1010) state that corporate social responsibility meansRead MoreIndia Csr Initiatives For The Inclusive Development Of The Society1836 Words   |  8 Pagesenvironments. In India CSR is in a very much primary stage. Seeing to the government of India’s most desirable step towards Social welfare through economic reforms and involving well economic corporate performers by introducing a Provision of mandatory 2% CSR spending of Net Profit on August 29, 2013 through companies act 2013.keeping this provision in mind researcher has tried to analyze Comparatively critically old provision of Voluntary disclosure and CSR spending with New Mandatory 2% CSR Spending. AndRead MoreEssay On National Institutes Of Health791 Words   |  4 Pagesthe medical community. Mission: NIH as a division of the Department of Health and Human Services (DHHS) and research institution aims to promote and improve the population health. NIH’s mission is to seek fundamental knowledge about the nature and behavior of living systems and the application of that knowledge to enhance health, lengthen life, and reduce illness and disability†. Goals: NIH shorten its goals in some points: 1- â€Å"To foster fundamental creative discoveries, innovativeRead MoreThe Business Case for Corporate Social Responsibility: a Review of Concepts, Research and Practice15551 Words   |  63 Pagesresponsibility (CSR). The business case refers to the underlying arguments or rationales supporting or documenting why the business community should accept and advance the CSR ‘cause’. The business case is concerned with the primary question: What do the business community and organizations get out of CSR? That is, how do they beneï ¬ t tangibly from engaging in CSR policies, activities and practices? The business case refers to the bottom-line ï ¬ nancial and other reasons for businesses pursuing CSR strategiesRead MoreSocial Responsibility of Private Sector in Context to India3316 Words   |  14 Pageslocally-specific themes. However, the term OSR—or even SR—is not currently used outside the ISO process. There is, therefore, a risk that using this term will generate confusion and some resentment among those who are familiar with existing terms such as CSR. Awareness of and engagement with the SR agenda A further definitional and operational challenge is that issues within the SR agenda are not always identified as such. For example, the South African notion of black economic empowerment can be