Corporate Social Responsibility By The Company Essay

Corporate Social Responsibility By The Company Essay

Length: 728 words (2.1 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

Corporate social responsibility is essentially a concept whereby the voluntary decision of the company in order to contribute to a better society and a cleaner environment. Corporate social responsibility by contributions by the company, through its operational activities and its social investment to the community. This is the concept of sustainable development to connect to the corporate level.

In the past year a growing number of companies around the world began as clients, citizens and investors expect them to adopt sustainable and responsible for promoting their corporate social responsibility strategy. In most cases, corporate social responsibility is a variety of social, environmental and economic pressures as a result.

Word of corporate social responsibility is not precise, and its applications. Corporate social responsibility is not only compliance with human rights standards, labor and social security arrangements, but also climate change, sustainable management of natural resources and the fight to protect consumers.

Corporate social responsibility concepts are mentioned for the first time in 1953 to merchants ' social responsibility William j. Bo publications. However, the term corporate social responsibility became popular in the late 90 's, when Germany 's Betapharm, a generic pharmaceutical company decided to implement corporate social responsibility. General characteristics of the product in the market swaps. Stopped in 1997 sales growth led the company to recognize, in the generic drug market operators cannot distinguish between price and quality. This is the company 's corporate social responsibility as an expression for the value of the company, as well as the prelude to a part of its corporate strategy. Thr...


... middle of paper ...


...l and environmental records indicate that CSR activities can lead to better performance, and you can generate more profits and growth.
Research shows that corporate social responsibility programmes affecting extensive degree of consumer buying decisions, and many investors and employees were swaying in the company of their choice.

Today, one of the company 's major challenge is to attract and retain skilled employees. Not only one image to get companies to adopt corporate social responsibility, but it is also important to employees. Internal company socially responsible practices primarily involve employees and relate to investments in human capital, health and safety, and managing change issues.

India has the practice of corporate social responsibility of the company 's existence, but the numbers are small. Such participation of India major economic concentration o

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Essay Corporate Social Responsibility Of A Company

- Introduction Business Ethics are much more than the buzz word stories on late night news. The Corporate Social Responsibility of a company goes well beyond that. “Business Ethics are moral guidelines for the conduct of business based on notions of what is right, wrong and fair.” (Bellow, 2012). Individual backgrounds play a huge role in person by person code of conduct can vary from employee to employer. To help solve some grey areas in what is ethically correct, companies now make a code of conduct that is over everyone in the company....   [tags: Ethics, Business ethics, Morality]

Better Essays
2186 words (6.2 pages)

The Impact Of Corporate Social Responsibility On A Company 's Profitability And Impact Customer Loyalty

- Businesses have a social responsibility to their consumers and communities. Poor social responsibility can affect a company’s profitability and impact customer loyalty. In the 1990’s, Nike faced allegations of being the villains of child labor laws and running sweat shops. In 2008 JPMorgan’s involvement (or lack of) in Madoff’s Ponzi scheme and 2015, Volkswagen’s emissions scandal are all examples of failed social responsibility. Corporate social responsibility (CSR) is more than donating to charities; it’s about doing the right thing and being active members of the community....   [tags: Social responsibility]

Better Essays
1386 words (4 pages)

Corporate Social Responsibility Of Our Company Into A Leading Corporate Citizen

- Our company has prospered in the past by adapting in order to meet our customers’ needs. While it is important to be proud of our past success, we must also work to ‘stay ahead of the curve.’ Our society is evolving and people are beginning to expect companies to strive for more than simple profit maximization. Our organization’s future success is closely related to the strength of the communities we do business in. In order to better serve our stakeholders, we must work towards transforming our company into a leading corporate citizen....   [tags: Corporate social responsibility]

Better Essays
722 words (2.1 pages)

Corporate Social Responsibility : Tata Company Essay

- TATA is known as one of the oldest companies worldwide which was founded in 1868 by an Indian man called Jamshedji Nusserwanji Tata. The Tata company is one upon many of the popular businesses in India that operates in over 100 countries with services such as communications, information technology, engineering, materials, services, energy, consumer products and chemicals. These services are shown through the Tata companies which include Tata Steel, Tata Motors, Tata Consultancy Services, Tata Power, Tata Chemicals, Tata Global Beverages, Tata Communications and Indian Hotels....   [tags: Tata Group, Companies based in Mumbai, Jamshedpur]

Better Essays
718 words (2.1 pages)

Corporate Social Responsibility : A Company 's Stakeholder Theory And The Social Capital Theory

- Corporate social responsibility has changed over the years, which causes organisations to adapt to ensure that the company is able to prosper. Corporate social responsibility refers to the company’s long-term view; proactivity and attaining more informed knowledge. Altruism is the unselfish concern for the welfare of others, the stakeholders in the company. Corporate social responsibility is an important concept understood by many businesses, be it small and medium enterprises or large and multinational organisations....   [tags: Stakeholder, Management, Shareholder]

Better Essays
716 words (2 pages)

Corporate Social Responsibility Of Ford Motor Company Essay example

- Corporate social responsibility is an altruistic deontology established as a self guiding framework structured to establish trust across a range of stakeholders. The intent to uphold corporate social responsibility (CSR) within a business is noble. However, considering numerous ethics violations documented by the U.S. Securities and Exchange Commission, U.S. Federal Trade Commission, and U.S. Department of Labor, the loosely guided CSR deontology appears to be a public relations front for capitalistic extremists who caress their egos for greed....   [tags: Enron, Enron scandal, Business ethics]

Better Essays
840 words (2.4 pages)

The Dannon Company and Corporate Social Responsibility Essay

- ... In addition, during that period, Dannon entered the children’s sector of the market and with the innovation of premium yogurt Dannon entered the desert market sector. In 1994, after Danone’s strategic reorientation, Danone centered their products on health and Dannon’s product innovations became centered on health benefits (Marquis, et al., 2011). Dannon has now grown into a company that is headquartered in White Plains, New York, Dannon manufactures their products in Minister, Ohio, Fort Worth, Texas, West Jordan, Utah, and Portland, Oregon employing more than 1300 people (Sustainable Development Overview, 2011)....   [tags: yougurt producer, world war II]

Better Essays
1954 words (5.6 pages)

To what Extent is Corporate Social Responsibility Beneficial to a Company’s Performance?

- In recent years, there have been a growing number of companies that have an explicit Corporate Social Responsibility (CSR) plan. As stated by European Commission (2001), CSR is defined as “a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis.” It is believed that the motives for CSR are gradually converting from philanthropic rationale to performance-driven orientation, but the question of better company performance resulting from the implementation of CSR has often been the centre of debate....   [tags: stock price, investors, CSR,business strategies]

Better Essays
1087 words (3.1 pages)

Corporate Social Responsibility And Corporate Responsibility Essay

- Question 1 Corporate Social Responsibility began its rise in popularity in the late 1960s as part of the Civil Rights movement, but it seems to be critical to companies now more than ever. Although everyone seems to agree that it is a hot topic surrounding businesses right now, what we cannot seem to agree on is if it is “right” for companies to stand firm on their corporate social responsibility policies or if businesses should just focus on turning profits. This response aims to give two opposing looks at social responsibility by providing three reasons to go with Company A, that could essentially care less about corporate social responsibility, and conversely, three reasons to go with Co...   [tags: Corporate social responsibility]

Better Essays
1130 words (3.2 pages)

Corporate Social Responsibility For The Management Essay

- Enterprises lay high emphasis on corporate social responsibility instead of being profitable tools. It is essential for all the enterprises to focus on corporate social responsibility which can help the organization creates long-term sustainability for corporate success. More specifically, corporate social responsibility can be referred as a process which is aim to embrace responsibility for the organization’s actions. Moreover, it can have a benefit to the people who are regarded as stakeholders, like employees, consumers and communities, which is based on its activities....   [tags: Corporate social responsibility]

Better Essays
1485 words (4.2 pages)