... This paper discusses the relation of brand concept with CSR and how it leads to evaluation of the product. Three studies focuses on the relation of CSR and brand concept and the results gathered through experiments reveal that there is a conflict between CSR (selftranscendence) and luxury brand (self-enhancement), the paper also considers the mediating effect of disfluency that triggers a motivational conflict between CSR and self-enhancement which leads to less favorable brand evaluation. The paper also discusses that no such conflicting impact was observed in openness and conservation concepts. The key finding of this paper is the impact of different brand concepts with reference to CSR that leads to brand evaluation. Introduction Corporate Social Responsibility (CSR) has emerged as an extremely important concept and has gained the attention of many companies. There have been studies on this topic which illustrates it importance and value that CSR activities can bring in for a firm. The McKinsey conducted a global survey with executives as there respondents with the objective to see how CSR contributes to shareholder value. The results illustrates that a massive chunk of “76% of executive believes that CSR contributes positively to long-term shareholder value, and 55% of executives agree that sustainability helps their companies build a strong reputation” (McKinsey, 2010).This shows that CSR is considered to be extremely important...
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...CSR and globalization[1] Corporate social responsibility is at least in its name and formal recognition a relatively recent phenomenon. Yet, owners and managers of firms have engaged in activities that we would now consider CSR almost from the beginning of the industrial revolution (Davis, Whitman and Zald, 2006). But, until the 1990s, CSR was generally limited to corporate philanthropy. It is from the early 1990s that enlarged concepts and practices of CSR have come to the fore. What drove these radical changes in the conception and implementation of CSR? Scherer and Palazzo (2007) claim that, in a globalized world, it is necessary a shift toward a new politically enlarged concept of CSR. In fact, globalization is weakening the power of (national) political authorities to regulate the activities of corporations that globally expand their operations: for instance, globalization forces national governments into a race to the bottom in order to win the competition with other countries for attracting corporate investments. Thus, they reason that corporations should be understood as both economic and political actors. Davis, Whitman and Zald (2006) claim that, in addition to weak national boundaries that separate domestic from foreign companies, another crucial difference of the global competitive environment of the 21st century is the weak distinction between activities and transactions occurring inside as opposed to outside a corporate entity: while companies are moving part...
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...Accounting, Auditing & Accountability Journal Corporate social reporting and reputation risk management Jan Bebbington Carlos Larrinaga Jose M. Moneva Article information: Downloaded by University of Strathclyde At 07:57 17 October 2014 (PT) To cite this document: Jan Bebbington Carlos Larrinaga Jose M. Moneva, (2008),"Corporate social reporting and reputation risk management", Accounting, Auditing & Accountability Journal, Vol. 21 Iss 3 pp. 337 - 361 Permanent link to this document: http://dx.doi.org/10.1108/09513570810863932 Downloaded on: 17 October 2014, At: 07:57 (PT) References: this document contains references to 70 other documents. To copy this document: permissions@emeraldinsight.com The fulltext of this document has been downloaded 10839 times since 2008* Users who downloaded this article also downloaded: Jeffrey Unerman, (2008),"Strategic reputation risk management and corporate social responsibility reporting", Accounting, Auditing & Accountability Journal, Vol. 21 Iss 3 pp. 362-364 Carol A. Adams, (2008),"A commentary on: corporate social responsibility reporting and reputation risk management", Accounting, Auditing & Accountability Journal, Vol. 21 Iss 3 pp. 365-370 Pekka Aula, (2010),"Social media, reputation risk and ambient publicity management", Strategy & Leadership, Vol. 38 Iss 6 pp. 43-49 Access to this document was granted through an Emerald subscription provided by 117974 [] For Authors If you would like to...
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...Plant” *Ms. Shilpa Jain **Mr. Abhishek Tripathi Abstract ……………………………………………………………………………………………………………………………… CSR is not new to India; companies like TATA and BIRLA have been imbibing the case for social good in their operations for decades long before CSR become a popular cause. Inspite of having such life size successful examples, CSR in India is in a very nascent stage. It is still one of the least understood initiatives in the Indian development sector. Thus the situation is far from perfect as the emphasis is not on social good but rather on a policy that needs to be implemented. A lack of understanding, inadequately trained personnel, non availability of authentic data and specific information on the kinds of CSR activities, coverage, policy etc. further adds to the ineffectiveness of CSR programmes. But the situation is changing and CSR is coming out of the purview of ‘doing social good’ and is fast becoming a ‘business necessity’. The ‘business case’ for CSR is gaining ground and corporate houses are realising that ‘what is good for workers - their community, health, and environment is also good for the businesses. Present article focuses on the CSR with the case study of BILT (YamunaNagar Plant) as a concept and analyses the real life case study. Present paper is divided in to two parts. First part gives the insight of CSR as a concept, current trends of CSR in India and Global Standards on which CSR is implemented and Second part deal with the BILT ...
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...Abstract: The case portrays the evolution of the partnership between software giant Microsoft Corporation and United Nations High Commissioner for Refugees (UNHCR). The corporate social responsibility (CSR) initiative was created in 1999, as a bottom-up idea, when Microsoft employees initiated to help the victims of the Kosovo crisis. The outcome was a software registration system that today helps UNHCR administer their refugee camps in a more efficient and constructive way. The case illustrates an ideal example of a CSR programme and the importance of contributions made by business to society. In particular, it illustrates how a multinational company can take a responsible role in today's modern society without diverting from its core business strategy. The case invites readers to reflect upon and discuss some important questions regarding CSR, ethics and the business role in society. A teaching note accompanies this case with analysis of the theoretical elements. This case was written with the support of a Philip Law Scholarship awarded by ecch. http://www.ecch.com/educators/products/view?id=81242 Abstract This case-study takes us through the actual outcome of one of Microsoft’s corporate citizenship (CC) activities, namely its partnership with UNHCR. The intentions of the case are to show the potential benefits of such a partnership, the key beneficiaries as well as to trigger a debate concerning the intentions and outcomes of CC. Microsoft and UNHCR have based their...
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...Nama : Fachry Arsyad Program Studi : Magister Ilmu Kesejahteraan Sosial Judul : “Evaluasi Program Corporate Social Responsibility (CSR) PT. NFI (Studi kasus : Evaluasi Program CSR Agribisnis PT. NFI Ciawi) Penelitian ini bertujuan mengevaluasi program CSR Agribisnis PT. NFI di wilayah Bogor dengan komoditinya yaitu Srikaya, serta faktor pendukung dan penghambatnya. Model evaluasi merunut dari Pietrzak (1991), meliputi evaluasi input, proses, dan outcome. Hasil penelitian menunjukkan dari input, dan proses cukup banyak ketidaksesuaian sehingga beberapa tujuan program tidak tercapai seperti rendahnya kompetensi petani dan turunnya jumlah partisipasi petani, meskipun penghasilan petani meningkat. Faktor pendukung program yaitu dukungan dari komisaris perusahaan, perkembangan ilmu teknologi pertanian, dan kebutuhan pasar terhadap komoditi srikaya yang luas. Faktor penghambat program dari internal yaitu keterbatasan jumlah tenaga pendamping, dan eksternal yaitu hama, musim, keterbatasan sumberdaya petani. Kata kunci: Program CSR, evaluasi input, process, outcome dan, agribisnis, pemberdayaan petani ABSTRACT Name : Fachry Arsyad Study program : Master of Social Welfare Title : "Evaluation of Corporate Social Responsibility (CSR) PT. NFI (Case study: Agribusiness Program Evaluation CSR PT. NFI Ciawi) This study aimed to evaluate the CSR program Agribusiness PT. NFI in Bogor with skrikaya as a commodity. The evaluation model was taken from Pietrzak (1991), includes the evaluation...
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...A case of CSR Partnership Program of PT Adaro Indonesia and POSDAYA in South Kalimantan Dr Laila Refiana Said Indonesian National Council on Social Welfare Universitas Lambung Mangkurat Abstract In recent years, social responsibility of corporations has become a major issue. As a result, the mining companies in Indonesia have come under increasing pressure by NGOs and communities. In response to the pressure, mining companies in Indonesia have carried out corporate social responsibility (CSR) programs, especially when the companies are subsidiaries of global mining companies that utilize CSR as part of their global business strategy. The companies recognize that there is a responsibility to give back to the local communities to ensure the development of a better life in the surrounding mining areas. This paper brings a family empowerment perspective to many of the issues covered in the CSR programs. One of the strategies emphasizes a good relationship with local communities through community development as PT Adaro Indonesia made through its free cataract surgery programs for residents in South Kalimantan together with Badan Koordinasi Kegiatan Kesejahteraan Sosial (Coordinating Agency of Social Welfare Activities). This paper examines the combined effectiveness of PT Adaro Indonesia’s CSR program with the family empowerment program of POSDAYA (Pos Pemberdayaan Keluarga) in South Kalimantan. Thus, it focuses on the best practice approaches of linking CSR with POSDAYA...
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...information, please contact jcera@law.berkeley.edu. Gill: Corporate Governance as Social Responsibility: A Research Agenda Corporate Governance as Social Responsibility: A Research Agenda By Amiram Gill* In the post-Enron years, corporate governance has shifted from its traditional focus on agency conflicts to address issues of ethics, accountability, transparency,and disclosure. Moreover, corporate social responsibility (CSR) has increasinglyfocused on corporate governance as a vehicle for incorporating social and environmental concerns into the business decision-making process, benefiting not only financial investors but also employees, consumers, and communities. Currently, corporate governance is being linked more and more with business practices and public policies that are stakeholder-friendly. This Article examines these developments and their impact on the formulation of a transnationalbody of legal norms by proceeding in three stages. First,the Article explores the recent transformations in the regulation of corporate governance and CSR and the shifts these two fields have experienced. Second, it reads these transformationsas a convergence, taking place against the backgroundof...
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...Sameer Dhulekar (M0050750) Shanon Jaywardane (M00504738) Report Word count: 1328 Assignment: Group Course Work Subject: Ethics, CSR and Governance Prof: Dr. Andrea Werner Module: Management Perspective (MGT4814) Report: The Case Study Primark (Rana Plaza, Bangladesh) Assignment: Group Course Work Subject: Ethics, CSR and Governance Prof: Dr. Andrea Werner Module: Management Perspective (MGT4814) Report: The Case Study Primark (Rana Plaza, Bangladesh) Thesis Statement An Ethics and CSR responsibilities for the organization using a case study of Primark Contents Thesis Statement 1 Contents 2 Abstract 3 Introduction 3 Analysis 4 Business Ethics 4 CSR 5 Conclusion 7 References 8 Disclaimer: 10 Abstract This report discusses corporate social responsibilities and business ethics in the case of the Rana Plaza collapse. In April 24, 2013 the Rana Plaza factory in Savar district of suburb Dhaka, Bangladesh collapsed, where death tolls reached 1129. Those were garment workers for outsourced operations from well-known Western high street fashion brands. One of the factories buried in the collapse was a supplier of Primark. The incident unveiled debate on duties in supply chain responsibilities, outsourcing and offshoring operations. The article first analyses Primark policies and practices, on ethical and CSR frameworks, leading to event and then it analyses the responses undertaken by Primark to mitigate the accusations and subsequently changing...
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...Economy Abstract Business leaders are focusing a considerable amount of attention on corporate social responsibility (CSR). It is questioned whether or not there is a legal responsibility or just a social right to honor the CSR. Do firms voluntarily involve themselves in the area of social responsibility? In fact there are companies that day to day operations involve around the social responsibilities to the environment with one of them being one of Chattanooga’s own, Wrigley Jr. Company. This shouldn’t be much of a surprise with the social interest that Chattanooga has in the environment as the “Go Green” slogan realms. Wrigley social responsibilities are global, as it leaders, and associates all participate in various charitable events. Business leaders and government officials are focusing more attention on the concept of Corporate Social Responsibility. The central issue is appropriate for the role of business. Everyone agrees that firms should obey the law but should they have to have the moral or social responsibilities to voluntarily commit resources to environmental purposes. (Stavins,2008) Certain cities now are committed to environmental protection such as the city of Chattanooga that once was known as having the worst air pollution in the United States. Now, Chattanooga has laws and restrictions for businesses and average day to day citizens in order to protect and honor their CSR “GO GREEN”. One way that...
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...Corporate Social Responsibility and Ethics Stephen M Russell University of Phoenix International Marketing MK 571 Mr. Danny Rubick June 13, 2011 Abstract Ethics is sometimes described as a body of standards or human conduct that governs the behavior of individuals and groups. Corporate social responsibility (CSR) is the way a company manage the business processes to produce and overall positive impact on society. The three levels of this CSR are economic, legal and ethical. A company needs to be more than economically and legally responsible, it must include ethics and these ethics must be above the bare minimum legal requirements. (Gehrke, 2008) You hear of labor issues, environmental issues and the one this paper will discuss is government corruption. Many companies allow governments to be corrupt and they are allowed to steal from their own people. Such is the case in Nigeria, so PUR Packets will need to be aware of this dilemma and work closely with the government to make sure all business is legal, economical and ethical. Corporate Social Responsibility and Ethics Corporate Social Responsibility is a form of self regulation, conscious attempts and self efforts undertaken by an organization for enhancement of operations. CSR is usually part of a business model and should be part of the marketing strategy. CSR in its best element promotes public interest encouraging community growth and development, and it eliminates practices that harm that same public...
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...Janakpuri / Guru Gobind Singh Indraprastha University, Dwarka Abstract Corporate social responsibility in simple words means, “giving back to the society from where an organisation operates its functions, employ resources and satisfy human wants by offering goods and services. In today’s time, business has emerged as one of the most powerful instituitions on the earth, earning profits will be of no use until and unless the customers associated with the organisations are not happy with the company’s perspective towards helping the society. Therefore, it calls for the need of corporate social responsibility....
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...Singapore, Singapore Management University, Sun Yat-sen Business School, 2011 Academic Conference on Social Responsibility held by the University of Washington Tacoma, and 2012 AAA Auditing Section Midyear Conference for their helpful comments. Corporate Social Responsibility, Audit Fees, and Audit Opinions Abstract Using a sample of U.S. firms from 2000-2008, we examine whether and how their Corporate Social Responsibility (CSR) affects audit fees and the audit opinions. We find that auditors charge lower fees and reduce the propensity to issue going concern qualifications to client firms with superior CSR performance, but increase them for clients with significant CSR concerns. We interpret this finding as suggesting that the auditors use CSR information as an indicator of the client’s audit risk. This interpretation is further strengthened by our finding that the effect of CSR performance on audit fees is stronger in industries with a high average CSR concern and in pollution-prone industries. Our results are robust to the change-specification of the audit fees model, alternative measures of firms’ CSR performance, a categorical analysis of the main CSR dimensions, and...
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... Prashanth Rao, Assistant Professor, Acharya Institute of Graduate Studies, Bangalore - 560107. Email: prashsubbarao@yahoo.com. Phone: +91-9481078821. ABSTRACT Corporate Social Responsibility (CSR) is defined as “”. It is an act of returning a portion of profits back to the society. This is a perfect resource give-and-take activity, a win-win situation for both corporates and the society. A few CSR initiated by big industrial houses are promoting...
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...Abstract Ethical theories has been a topic of philosophical debate for centuries, but only recently has corporate governance and social responsibilities became a necessary fixture for modern businesses to function. Thus sparking scepticism that businesses adoption of CSR initiatives are a result of shifting societal trends for financial rewards and not out of ‘good will’. It is therefore a surprising given that this paper, Origins Natural Resources, an international cosmetic superstar adopted CSR since its conception and continues to maintain strong earth friendly practices throughout its operations regardless of substantial costs and burden to uphold. Thereby exploring the possibilities that characteristics of virtue can truly exist in a corporate entity, and perhaps society should be less sceptical of others intentions. Introduction The question of why businesses truly adopted CSR initiatives has never been initiated, thus sparking interests on whether or not it is an authentic act of corporate citizenship or simply a front to financial rewards. This paper aims to analyse Origins Natural Resources dedication towards Corporate Social Responsibilities (CSR) addressing two major issues the organisation perceived as most significant and relevant to its core products and services. The two categories are addressing the importance of animal cruelty via experimentation and environmental sustainability. These issues will be analysed by applying utilitarianism, Kant and Virtue...
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