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Essay On Csr
1. Csr Essay
From a business perspective, researchers often argue that Corporate Social Responsibility (CSR)
can improve the competitiveness of a company and that the CSR activities develop a favourable
corporate image and their financial performance (Burke & Logsdon 1996). CSR is defined as the
obligation of organisation management to make decisions and take actions that will enhance the
welfare and interests of society as well as the organisation (Samson & Daft 2009). Some say that the
significance of social responsibility has been changed up until today in that CSR activity may not
achieve the intended effects and therefore believes that only one social responsibility exists; to use
its resources and engage in activities designed to increase its...show more content...
This shows that the industries are spending majority of their time and effort investing into marketing
their products to reach the goal of profit–maximisation. This illustrates that tobacco companies have
no soul and are not ethically concerned and instead, their aim is to increase profits by investing their
assets into marketing. Through this example, we learn that there are exceptions to the extent in
which other social responsibilities take consideration and the reason to the applied example
previously is that the industry itself does not match to take responsibility ethically. Furthermore,
some industries are able to increase their wealth and maximise their profits with only taking into
account in the ability of using their resources to maximise profit while disregarding other social
responsibilities.
On a generic level, one could argue that complying with legal responsibilities is an intrinsic part of
social responsibility (Visser, Matten, Pohl, 2008). Legal responsibilities are defined as businesses
expecting to follow laying down rules, law and regulations (Samson & Daft, 2009). This
fundamentally means that for corporations to be operating, it must comply with the underlying laws
and regulations and in addition, must aim to increase profits while maintaining the function of legal
responsibilities. A corporation abiding or breaking any of the legal
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2. Essay On Csr
Findings by (Shiqun 2014), states that some organisations identify CSR simply with a social
denotation and strongly agree with the idea that they are not charity organisations and as such
should have no obligation to resolve problems in the society. Therefore, the social issues are the
responsibility of governments and not organisations. Referring to a quotation by (Solomon 1993)
"there is a contradiction between an endogenous ability to profit and the company's distribution to
society". It is worth noting that CSR implementation and activities come with costs on it. The
argument against the implementation and practice of CSR by organisations most times points to the
cost impact. CSR by an organisation will increase operating costs, which...show more content...
Wal–Mart subjects its suppliers to strict regulations on product quality and employee working
conditions, for example, which add production time and increase overhead for the suppliers.
Their competitors, meanwhile, can operate at lower costs and turn out products more quickly
(Bizfluent 2017). The main reason why a business is created is to make a profit. Corporate social
responsibility insists on a corporation to make an effort to look out for stakeholders who are not
shareholders only, but who have an interest on what an organization does and the outcomes of
what it does. Despite of that, it's not totally the duty of the organisation to look out for the many
people who hold an interest in the work activities. In other school of thought, it is acknowledged
that some organisations are just not prepared to deal with social issues. The need for
organisations to confront societal issues needs the employees to be specifically trained and well
knowledgeable about the issues at hand that the society and environment faces, as this will give
them the skills and the knowledge to be prepared to do so. In a nutshell, with the pros and cons of
corporate social responsibilities, it is imperative and beneficial for organisations to engage and
embrace corporate social responsibilities (CSR). Organisations that are socially responsible have
better competitive advantages. Organisations involved with corporate social responsibilities are
overall winners. CSR not only makes an
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3. Research Paper on Csr
Individual Integrative Paper– ORGS 5100.3S A Critical Review of Corporate Social Responsibility–
The Niger Delta Business Case Judith Idemudia ABSTRACT This paper contains a critical review
of the concept of Corporate Social Responsibility (CSR), which is one of strategy being adopted by
businesses to address some of the challenges they confront in their external environment. This paper
examines various arguments from proponents and critics of CSR. In addition, this paper examines
the case of oil Multinational in Nigeria as way of ascertaining the validity of the different positions
in the CSR debate. IntroductionHistorical evidence suggests that societal concerns for businesses to
have social obligations...show more content...
This widespread transmission of a corporation's misconduct will then have significant
ramifications for their reputation and profitability. The case of Shell in Ogoni (Niger Delta,
Nigeria), the Brent Spar in the UK as well as Nike's sweatshop saga in Asia in the 1990s are good
examples of how the social conducts of a corporation can affect their reputation. However, the
tension between CSR concepts and CSR practices remain and this has led some to 3declare that
there is a need for logic and empirical evidence to show the true cost and benefit of CSR for both
business and society (Devinney, 2009, 44). This paper attempts to contribute to the CSR debate by
addressing the following questions: (1) To what extent has the adoption of the CSR principles and
practices resulted in positive outcomes for both oil MNCs and local communities in the Niger
Delta area of Nigeria? (2) What are the implications of the Nigerian case study for CSR theory from
a developing country perspective? Before I begin to address these questions, I will critically examine
some of the arguments for and against CSR.
TheCSRDebate:ContrastingPerspectives(TheCSRProponents&Critics)Although there has been a lot
of academic writing on Corporate Social
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4. Thesis Statement On CSR
Introduction
This is a persuasive paper defining various business terms like corporate social responsibility and
equal distribution of wealth. The thesis statement does state that the CSR programs are applied in
various developed organizations to set an example for small and rising enterprises whereas the anti
thesis statement is that there are no moral obligations felt by businesses to be involved in CSR. The
financial aspect of CSR activities is also discussed; at times it is thought that involvement of business
in any environmental friendly work may lead to higher costs whereas an opposite point of view is
that CSR increases long run profit (Aras & Crowther, 2009). Now day's Triple bottom line concept is
aligned with business which is another...show more content...
The triple bottom line is used in business programs now days to make sure that businesses are
more valuable, thus this is wrong to say that social responsibility or moral courage are more present
in businesses now days. This is the right time when CSR is discussed in companies, no matter it is
advertisement or production process CSR is considered important. This is another truth that
stakeholders now want to invest in such companies only which are having high social responsibility.
This is the reason that famous brands such as Coca Cola is involved in educating plenty of children
who cannot afford education and Wal–Mart the best retail store of world is looking for such vendors
who produce environment friendly product such as energy saving bulbs and so on. In traditional
business the term bottom line is used to express profit or loss, there are social judges present along
with environmentalist who are judging this bottom line and adding various aspects in it to improve
business working, (Elkington, 1998) thus the triple bottom line is not about profit and loss in
monetary terms only but it is much more than that, this is more about health awareness of workers
and different healthy working aspects. If a firm is having good profit but workers here are dying
because of unhealthy working conditions then this is not an effective CSR firm as per
environmentalist
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5. Essay on Does CSR Work?
Does CSR Work?
Adam Smith founded the modern study of economics on the premise that all businesses are driven
by the invisible hand to seek as much profit as possible while society will take care of itself.
However, as the public's opinion of big business has steadily declined in the recent decades, big
business has developed a social conscience to improve all aspects of society from worker
compensation to protecting the environment to helping the needy. As Stephen Cook indicates in the
January 2003 edition of Management Today: "Everyone cares these days. You can hardly walk
through the door of a major company in the western world without tripping over stacks of glossy
reports telling you how they care for the environment, their...show more content...
Ruggie indicates that coke has spent $5 million a year to combat AIDS for African bottlers'
employees. While hard numbers such as these bring the consumer satisfaction while quelling the
uproar of social activist groups, Cook indicates that many reports do not tell the whole truth. Cook
cites Craig Bennett of Friends of the Earth: "Oil companies are presenting themselves as solar
companies, and companies that promote giant agribusiness and oppose consumer information are
claiming to be the solution to world hunger." While clever public relations and glossy reports may
seem like the easy way out, big companies are realizing more and more that hiding the truth isn't
flying with the public anymore. The best example of public dismay is Enron. Once a highly touted
company, both on the business and CSR side, Enron has since collapsed in a massive scandal that
has both killed its reputation and its profits.
The main problem with certification is the lack of a standard. Gereffi et al. indicates four distinct
categories of certification: first party, where the company sets its own rules; second party, where an
industry sets the certification rules; third party, where non–governmental organizations set the
certification rules; and fourth party, where the government sets the certification rules. The plethora
of rule setting bodies has created general disagreement as to the extent of a company must be socially
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