...Topic: An analysis of the corporate social responsibility demonstrated by BP in the oil spill in the Gulf of Mexico | | | | | 9/15/2010 | | ------------------------------------------------- Topic: An analysis of the corporate social responsibility demonstrated by BP in the oil spill in the Gulf of Mexico SECTION 1: Introduction The explosion on the Deepwater Horizontal rig on 20 April 2010 led to a serious consequence. A large area of oil spill spread through the Gulf of Mexico. Unfortunately, this accident killed 11 people. (BP Global, 2010) Generally speaking, BP on the surface achieve the highest level of CSR, the discretionary responsibility which is the highest level in the pyramid of CSR. It includes economic, legal, ethical, and philanthropic (discretionary) responsibilities (From bottom to the top) (Carroll, 1999, as cited by Lindgreen, et al, 2009). However, comments from the public and the US government appear to be unsatisfactory to the action taken by BP in this case. This essay will analysis the social responsibility demonstrated by BP by first looking at three journal articles from 2000 to 2010 written by Bird, Hall, Momente and Reggiani (2007); Shen and Chang (2009); and Udayasankar (2008), to further elaborate the insights in the articles and the academic theories into the application of the oil spill case in the Gulf of Mexico SECTION 2: Corporate Social Responsibility Article one Bird, Hall, Momente and Reggiani (2007) examine in...
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...“What is "business ethics"?” Peter F. Drucker Drucker’s work takes a look at what is business ethics and what is not business ethics as it pertains to some of the major approaches taken by philosophers throughout time. No matter what the place in time the code of ethics as it pertains to Western tradition is based solely on one principle. That principle is “There is only one code of ethics, that of individual behavior, for prince and pauper, for rich and poor, for the mighty and the meek alike.” Drucker P. F. (1981). Given this principle what is business ethics or even ethics at all with given the implications that behavior which is neither immoral nor illegal for an individual would be immoral or illegal if committed by business? There seems to be a lack of compatibility with what ethics is supposed to be and business ethics. For example a person handing his money over to a mugger threatening physical harm isn’t considered unethical although the mugger is a criminal but in the business world paying off union racketeers to prevent disruption is considered to be unethical practice. The confusion around ethics in general and business ethics continues when we start looking at other business systems outside of the United States. Take for example the Japanese and German who consider the appointing of a counselor who was previously a distinguished civil servant based on the recommendation of his colleagues is essential to the public interest. However, if this practice were to...
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...Journal of Management http://jom.sagepub.com/ What We Know and Don't Know About Corporate Social Responsibility: A Review and Research Agenda Herman Aguinis and Ante Glavas Journal of Management 2012 38: 932 originally published online 1 March 2012 DOI: 10.1177/0149206311436079 The online version of this article can be found at: http://jom.sagepub.com/content/38/4/932 Published by: http://www.sagepublications.com On behalf of: Southern Management Association Additional services and information for Journal of Management can be found at: Email Alerts: http://jom.sagepub.com/cgi/alerts Subscriptions: http://jom.sagepub.com/subscriptions Reprints: http://www.sagepub.com/journalsReprints.nav Permissions: http://www.sagepub.com/journalsPermissions.nav >> Version of Record - May 29, 2012 OnlineFirst Version of Record - Mar 1, 2012 What is This? Downloaded from jom.sagepub.com at Sunway Education Group on April 23, 2014 Journal of Management Vol. 38 No. 4, July 2012 932-968 DOI: 10.1177/0149206311436079 © The Author(s) 2012 Reprints and permission: http://www. sagepub.com/journalsPermissions.nav What We Know and Don’t Know About Corporate Social Responsibility: A Review and Research Agenda Herman Aguinis Indiana University Ante Glavas University of Notre Dame The authors review the corporate social responsibility (CSR) literature based on 588 journal articles and 102 books and book chapters. They offer a multilevel and multidisciplinary theoretical framework...
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...Companies use Corporate Advertising to increase awareness of Corporate Social Responsibility Therefore Increasing Profitability Erika Jean-Pierre Saint Leo University Abstract This review of literature will explore seven peer reviewed articles that report on results from research conducted on how companies use corporate advertising to increase awareness of corporate social responsibility thus increasing profitability. More specifically focusing on the advantages of corporate social responsibility and the positive benefits in profitability. This review of literature will incorporate various companies and industries from coffee, grocery, amusement parks, cars, oil production, alcohol, and casinos. It will analyze how corporate communication of corporate social responsibility enhances market share and drive increased profits. Companies use Corporate Advertising to increase awareness of Corporate Social Responsibility Therefore Increasing Profitability Numerous studies have been conducted on corporate advertising to increase awareness of corporate social responsibility and increased profitability for business. Companies use corporate advertising to strengthen their identities and create a favorable mental picture in consumer’s mindset. On average, companies spend millions of dollars each year in their marketing budgets toward corporate advertising. With corporate advertising, companies are not necessarily looking to sell a product or service, but rather the...
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...ANALYSIS PAPER DRAFT 1 Annotated Outline Part 1 – Analysis of Work Environment A. Identify a potential or current work environment My professional role is the director of a faith base substance abuse residential recovery organization in Kansas City, Missouri for homeless women, committed to overcoming their addiction and becoming responsible, productive drug and alcohol free members of the community. Author’s Tsai, Rosenheck, Kasprow & Mcquire (2012) study differentiated between programs that were once religious but are now secular from programs that have always been secular and programs that currently have a religious orientation. As a director for a non-profit organization and private business owner, this organization is to be considered a “service provider” facility, working directly to house, heal, feed, clothe, and educate females experiencing homelessness. Supervise a staff of 10, including an assistant director. B. Describe the population The organization would provide services to 30 single females in a Bible-based residential recovery program. Funded by Federal, State, City and private funders. The funding will be used for staff salary, food, utilities, up keep of the building, etc. Females would range from 25-45 years of age. C. Identify the appropriate code of professional ethics Ethical Standards of Human Service Professionals (2015), Retrieved from http://www.nationalhumanservices.org/ethical-standards-for-hs-professionals ...
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...Based on the notion that weapons manufacturers, in addition to other ‘sin industries’ such as gambling, tobacco and alcohol, have unreasonably been excluded from corporate social responsibility (CSR) research, Halpern and Snider (2011) conduct a study on US defence firms’ CSR. In accordance with the overall academic view that industry’s CSR is a result of managers’ CSR orientation (Carroll and Shabana, 2010), they evaluate US managers’ views and find their orientations to be predominantly similar to nondefense counterparties. Therefore, Halpern et al. (2011) suggest that weapons manufacturers ought to be included in the pool of CSR research and practice. Primarily, the article presents the underlying controversy and ideological bias against defence firms and points to the anecdotal arguments presented by researchers and mainly by Byrne (2007) in his publishing ‘Assessing Arms Makers’. Following this discussion, the four-domain model and its background is introduced, together with Aupperle’s (2008) CSR orientation research on chief executives of Forbes Directory. When discussing CSR and defence firms, Halpern et al. present their main argument that CSR should be empirically assessed and consistently with nondefense industries, i.e. using people’s orientations rather than subjective moral assessments. They pose the rhetoric question as to beyond what extent or purpose a product becomes harmful and thus socially irresponsible. What is more, they touch on the idea that rationale...
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...peer-reviewed journal articles and one online periodical. First, the paper provides a brief introduction of the four articles. Second, the paper compares and contrasts the four articles. Finally, the author presents his views on the topic of social responsibility and business ethics before concluding the paper. Four Articles All four articles center their focus on business ethics. Of the four articles, three are scholarly peer-reviewed journal articles and one, by Friedman, is an online periodical.... [tags: Business, Ethics] :: 4 Works Cited 2005 words (5.7 pages) Strong Essays [preview] Alahmad and Murphy on Business Ethics - The first two journal articles that were compared and contrasted were Ala Alahmad’s 2010 article on To Be Ethical or Not to Be: An International Code of Ethics for Leadership and Patrick Murphy’s 2009 article on The Relevance of Responsibility to Ethical Business Decisions. Some key findings of Alahmad’s writings were that ethics and leadership were closely tied together; they were found to be derivatives of one another. He mentioned that ethics is an individual thought process of making good or poor decisions.... [tags: Business Ethics] :: 4 Works Cited 970 words (2.8 pages) Strong Essays [preview] Ethical Perspectives on Business Ethics - The determination of this paper is to compare and contrast the various interpretations of 4 separate authors in respects to ethics and social responsibility as they apply to business. The four articles to be reviewed...
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...foreign multinational in area of Corporate Social Responsibility in China. Corporate Social Responsibility is at the forefront of business initiatives for organization in China today. This article is going to talk about the Corporate Social Responsibility consultant analyze and evaluate the performance of a foreign multinational in China. Also can provide useful practical and relevant information and recommendations are how to approach the Corporate Social Responsibility form the foreign multinational in China. As in the foreign multinational in china, the Corporate Social Responsibility consultant should do these. * Provide an overview of the concept of Corporate Social Responsibility. * Outline the Wal-Mart’s history and activities in China. * Explain supply chain responsibility. Choosing the company’s suppliers who threat their workers and the environment well. * Wal-Mart’s approach to EHS and Worker’s Rights * From give the example of Wal-Mart, to analysis of the dynamics of Corporate Social Responsibility. * Give the Wal-Mart’s approach to Community Outreach. Table of content Executive Summary 1 Introduction 3 Outline the company’s history and activities in China. 4 The Company’s history 4 The Company’s activities in China 4 Analysis: 6 The Company’s approach to Workers’ Rights. 7 The fact: 7 The analysis: 8 The Company’s Stand towards Environmental Stewardship. 9 The fact: 9 The analysis: 10 The Company’s approach to Community...
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...Law, Ethics, and Corporate Governance – LEG 500 | 201003 | Prerequisite: None | Quarter | Winter 2010 | Meeting Days/Time | Online course | Instructor | Dr. C. Phil Campos, MBA, JD | Instructor Phone | 214-202-8044 | Instructor E-mail | canuto.campos@strayer.edu | Instructor Office Hours/Location | 6pm – 7pm EST | Academic Office Phone NumberStrayer Online Technical SupportEcollege HelpDesk | 1-877-540-1733“As a student, you should choose 1 then 3 for academic issues from the automated menu.”1-877-642-2999“Used for problems entering the class”1-866-448-6703 or 1-303-873-0005“Used for problems once in the class” | INSTRUCTIONAL MATERIAL | Kubasek, N. K., Brennan, B. A., & Browne, N. (2009). The legal environment of business: A critical thinking approach (5th ed.). Upper Saddle River, NJ: Pearson-Prentice Hall.Ferrell, O. C., Fraedrich, J., & Ferrell, L. (2010). Business ethics: Ethical decision making and cases (7th ed.). Boston: Houghton Mifflin Company/South-Western/Cengage Learning.PLEASE READ SYLLABUS PART II in the Course Home tab, it contains important University policies.GETTING TECHNICAL HELPTechnical questions regarding eCollege or classroom issues should be referred to helpdesk@strayeronline.net. Or you may phone the helpdesk at 1(866)448-6703.If the question regards a Strayer system, technical support can be reached at 1(877) 642-2999. Any technical inquiries sent to the instructor will, as a matter of course, be forwarded to the Helpdesk...
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...not known to the general population • A direct quote • Information paraphrased from a sources • Information you got through personal communication In-Text Citations • Use author’s last name and date of publication in parentheses or in text o A recent study of international business managers’ approaches to corporate social responsibility (Harris & Brown, 2005) indicated… o Harris & Brown’s study of corporate social responsibility policies among international business enterprises (2005) indicated that managers… • No author? Use first words from title o A more recent analysis of company policies that deal with corporate responsibility in developing nations (“Good Citizenship,” 2007) revealed… Exact Quotations • Include page number(s) for quotations o According to Harris and Brown (2005) “companies engaged in multinational manufacturing must actively pursue environmental stewardship, sustainability, and risk management” (p. 103) • Set long quotations (40 words) apart from text by indenting left and right; no quotes; page numbers at end. Information You Need for References • Author(s) • Title of journal, book, conference, etc. • Title of article, chapter, etc., and pages • For journals: volume and issue • For books: place of publication and publisher • For websites: URL • Date of publication • Miscellaneous information (report number, conference location, …) Reference...
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...Analysis on triple bottom line and systems theory Corporate social responsibility is one of great debate for many years. Nobel prize-winning economist Milton Friedman believes the corporate responsibility a business has is to its shareholders making a profit, while Michael E. Porter and Mark R. Kramer believes businesses and society are interwoven (Newton, 2012). The purpose of this analysis is to analyze the ways in which systems theory and triple bottom line theory support or negate each other. First, the analysis will analyze CSR. Second, it will analyze how systems theory and triple bottom line theory support each other. Third, the analysis will analyze how systems theory and triple bottom line theory negate each other. Some companies believe corporate social responsibility builds good reputation and customer loyalty. Years ago corporate social responsibility was just about making a profit and providing employment. Today corporate social responsibility is more than just the bottom line. It is being involved in the community and being a benefit to society. Corporate social responsibility is the obligations of a business to society. Two types of corporate social responsibility theories are triple bottom line and systems theory. According to Savitz and Weber (2006), triple bottom line captures sustainability by measuring the impact of an organization’s activities on the world; this includes social, environmental, and financial performance (people, profit, and planet)...
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...difficulties. This argument will be supported with some theories, including ethical decisions making, CSR (corporate social responsibility), management functions and scientific management principles. 2. Analysis the article with theories 3.1 Analysing the issue with ethical decision making Ethical is a criterion that people used to measure that whether their behaviour is acceptable by others or social. However, Unethical behaviour will hurt organizational reputation. According to this article, one of the reasons for the Husi Company falling into food safety scandal was that they were doing unethical work practices. People in the company did not apply ethical decision making criteria. This can be seen with three dimensions. Firstly, workers were forced to work overtime and employees were forced to change expired dates of food at the plant. These two facts can clearly show that decisions which were made by company leaders were not acceptable. Secondly, they were making unethical decisions which could not be discussed in public. They used two records to cover unethical works. One record is real, and another one is to be shown anyone who would audit the plant. And while their employees pointed out that, Husi Company ignored his pleas. Thirdly, workers and others who have important relationships with the company do not support the unethical decision. According to the article, workers were forced to do unethical works, so this can be regarded to that employees do not...
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...Rheolaeth Business Ethics and Social Responsibility SBUS6003 October 2015 – Term 5 February 2016 – Term 6 SBUS6003 Business Ethics and Social Responsibility MODULE CODE: TITLE: DATED: SBUS6003 Business Ethics and Social Responsibility 02/06/2011 LEVEL: CREDITS: 6 20 TEACHING METHODS: Lectures Workshops Independent Study JACS CODE: N200 8% 16% 76% AIM(S) • To introduce students to the particular problems and opportunities experienced in adopting or ignoring corporate social responsibility. • To develop students’ understanding of the relationship between business ethics and management decision making • To develop students understanding of sustainable business issues and how they can be managed, promoted and developed in a business context. LEARNING OUTCOMES By the end of this module students should be able to: • critically evaluate the tipple bottom line of sustainability as a key goal for business ethics; • critically evaluate the role of ethical theory in decision making in business. • critically appraise stakeholder expectation and its relationship with corporate governance and social responsibility; • research and critically analyse ethical challenges in different organisations; • investigate and critically evaluate an organisation’s management of corporate social responsibility. CONTENT • Environmental orientation and the three main goals of sustainable development; Social, economic and environmental...
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...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 the policies. Introduction Bangladesh has long been known as one of the...
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...Week 5 Critique of Quantitative Research Article Beyond Dichotomy: The Curvilinear Relationship Between Social Responsibility And Financial Performance For MGT 361: Managerial Research Design & Analysis In partial fulfillment of the requirements For The Bachelor of Business Administration Degree Submitted By AL King November 20, 2010 This is a critique of the research article, Beyond Dichotomy: The Curvilinear Relationship between Social Responsibility and Financial Performance, written by Michael L. Barnett and Robert M. Salomon. Michael Barnett is a professor at the College of Business Administration, University of South Florida and Robert Salomon is a professor at the Stern School Business, New York University. There has been much debate on whether or not there is a link between financial and social performance when it comes to investing. Most research is done by comparing socially responsible investing (SRI) funds to those of funds that do not screen their holdings based on social and or environmental criteria. Barnett and Salomon’s research also tackles this question however, instead of doing the same types of comparison, they chose to compare and measure mutual funds that all practice socially responsible investing (SRI), in order to discern which funds perform better and what makes them different from the other SRI funds. Barnett and Salomon developed four (4) hypotheses to test during their research: 1. The...
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