Ethics could come from many parts including religious education, family institution but also school education and therefore UNESCO (1996) considers that higher education should not only be provided for personal development. Indeed, UNESCO believes that education plays a decisive role for social, economic and environment development for societies. Also, it is considered as a major player in the achievement of a sustainable future (UNESCO, 2007).
Nowadays, business students are likely to explore the concepts of Corporate Social Responsibility (CSR) at school. In fact, since the global recession of 2007, business schools have realised the importance of including CSR topics to their programs. Social responsibility refers to the responsibility
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USR can be defined as “a policy of ethical quality in the activities of the university community, through responsible management of the educational, cognitive, labour and environmental impacts of the university, in a participative dialogue with society to promote sustainable human development” (Vallaeys, 2013). In other words, USR refers to all the actions undertaken by education institutions to sustain the social, ecological, environmenta and economic development.
Enhancing CSR topics in the curricula of business schools could not only result in the development of more responsible leaders, it could also upgrade the status of the schools allowing them to distinguish from the competition.
Business schools and social
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It is obvious that the school aims to be a major player in the development of a responsible and sustainable economic and social environment. According to me, this is mainly visible through the large number of courses offered related to social responsibility topics, the CSR research seminars and CSR days.
By contrast, while studying at Warwick Business School (Coventry, UK) and BI Norwegian Business School (Oslo, Norway), I did not notice any sign of social responsibility investment, except the huge number of courses related to this topic proposed.
I have clearly experienced different social responsibility commitments in different environments. According to me, IESEG and PSB are strongly committed in enabling students to acquire the knowledge required to develop a responsibility-driven vision of the role of organizations in society. However, other schools (like Warwick or BI in my case) are not committed enough and should invest more in CSR
Knowledge@Wharton. (2012). Why companies can no longer afford to ignore their social responsibilities. Time, May 28
Corporate social responsibility (CSR) invaded the corporate world over the last few decades. This concept has become an essential need for competitive advantage unlike its original role as a nicety. The companies have seen the business benefit of the initiative and stakeholders have appreciated the initiative. This has led to the wide application in the firm’s operational agenda.
Corporate Social Responsibility is the obligation from corporations to utilize their resources to aid and benefit the larger society. The four components of CSR are economic, legal, ethical, and philanthropic. Social Responsibility is a fundamental force in the wealth creation process. If correctly demonstrated, CSR should heighten competitiveness and boost the value of wealth creation to society. A company's CSR Initiatives directly represent who the company is and what it believes it. The m...
According to Mike Peng, Corporate Social Responsibility (CSR) is the consideration and response to issues beyond the narrow economic, technical, and legal requirements of the firm to accomplish social benefits along with traditional economic gains the firm seeks. CSR is a way in which a company seeks to achieve a balance between profit, environmental concerns and social imperatives. This is known as the ‘Triple-Botto...
An organization’s Corporate Social Responsibility (CSR) drives them to look out for the different interests of society. Most business corporations undertake responsibility for the impact of their organizational pursuits and various activities on their customers, employees, shareholders, communities and the environment. With the high volume of general competition between different companies and organizations in varied fields, CSR has become a morally imperative commitment, more than one enforced by the law. Most organizations in the modern world willingly try to improve the general well-being of not only their employees, but also their families and the society as a whole.
I begin this essay by defining CSR, there are many definitions for this term by various different theorists, and EU says that CSR is "A concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis." On the other hand, Sloman et al. define it as "The concept in which a firm takes into account is the interests and concerns of a community rather than just its shareholder". Davis and Blomstrom (1966), say it "Refers to a person’s obligation to consider the effects of his decisions and actions on the whole social system". These definitions differ from one another in many ways but they agree that CSR involves taking the environment into account and therefore, one must look take social responsibility.
Corporate Social Responsibility (CSR) is a very familiar term in today’s world. Most of the successful companies try to be ethical and socially responsible toward their stakeholders. Because becoming ethical and socially responsible gains a lot in terms of profit or capturing more market share (Aras and Crowther,2009). This socially responsible approach is paved by the CSR activities of the companies which has a great contribution to their corporate strategy of winning the customers’ mind. In this assignment, the pros and corn of CSR activities of a particular organization a...
A corporations CSR should be shaped in order to fit the goals of the corporation, although every corporation’s CSR should differ, since most have different goals and different communities behind them. The CSR should be molded into fitting the corporation’s goals in order to make it easier on the corporation in giving back to the community while achieving its goals. For example, a corporation located in a desert wishes to be more efficient, by reducing water usage it is not only creating lower costs, which result in higher revenue, but also helps the community by not taking up so much water. Taking this into consideration, it is critical that the corporation goals and values are established and clear throughout the corporation, they should be developed by the board or directors and CEO, and the highest managerial level should stress their importance to the rest of the corporation. By making the goals and values at the top branch of the corporate hierarchy, it will be simpler for the corporates community to develop in order to nurture those goals and values. Therefore, a corporation can reach the “shared-value,” a value for both its shareholders and community in a simpler manner that can result benefiting the corporation in the end as well. Throughout the article many examples are given of actual corporations that have benefited and changed their CSR in order to fit their goals, therefore, providing solid proof that these methods work. Nevertheless, as acknowledged by the author’s themselves, most of the corporations taken into consideration where one’s that Harvard CSR students were employed
Business organizations regularly run into demands from various stakeholders groups when conducting day-to-day business. These demands are generated from employees, customers, suppliers, community groups, governments, and shareholders. Thus, according to Goodpaster, any person or group of people that can shape or can be shaped by attainment of the objectives by an organization is considered a stakeholder. Most business organizations recognize and understand their responsibilities to these groups and endeavor to honor and fulfill them. These responsibilities are often communicated to the public by a statement of principles or beliefs. For many business organizations, corporate social responsibility (CSR) has become an essential and integral part of their business. Thus, this paper discusses the two CSR views: the classical view and the stakeholder view. Furthermore, I believe that the stakeholder view has brought ethical concerns to the forefront of businesses, and an argument shall be made that businesses would improve both socially and economically if CSR, guided by God’s love, was integrated into their strategic planning.
Finally, research has shown that basic education is paramount to a nation’s ability to develop and achieve economic development and sustainability targets. Once these targets are identified, a country will need to re-examine its education curricula at all levels, that is, pre-school to tertiary education. Also, as a government develop policies within their countries they should ensure that there is an interconnection between the environment, economy, and social structures and that they become an integral part of formal education, starting with kindergarten and continuing through primary and secondary school and then on through training at the college, university and professional levels.
...t in becoming more socially responsible corporations. For example, Pos Malaysia through their CSR practices, this corporation had focuses on a dual-pronged approach that is aimed at bringing value to the community and nation at large by the means of enhancing education particularly towards the enhancement of human capital development mainly in underprivileged areas and also Enriching Communities in which Pos Malaysia seeks to promote commerce and entrepreneurship within the communities they serve particularly in rural areas. The above CSR themes are aligned with Pos Malaysia mission to constantly strive to be a caring corporate citizen by supporting nation building and community services. This CSR will focused on the meeting the need and interest stakeholder of an organization by becoming more socially responsible and as well as to improve their image and reputation
In the current time of growth and progression, individuals should know that how a business not only flourish but sustain itself. Making profit is one of the main targets of every corporates but it must not be the only one. When an individual builds a company in order to do business, they should be well aware of their contribution towards the society as well as their business and employees in it. It is total strategy of all. We should be able to realize every increment contributes of it. One of the major factors that affect a business is how well it participates in Corporate Social Responsibility. According to (Werther & Chandler, 2006) corporate social responsibility (CSR) refers to a business practice that involves participating in initiatives that benefits the society. In authenticity, there is a whole lot to argue about it. There are no major guidelines that decides either a business is participating in Corporate Social Responsibility; what might be considered a Business practicing CSR to some, can still not be accepted for it by others. CSR may be restrained a term which his highly flexible. This paper will discuss about Corporate Social Responsibility and its
At Missouri State, there are three public affairs pillars that students and staff follow: ethical leadership, cultural competence, and community engagement. These three pillars relate to this year’s public affairs theme of “Sustainability in Practice: Consensus and Consequences.” Sustainability is the ability to maintain or improve a specific thing. This year’s theme not only relates to the three pillars of Missouri State, but it also relates to different professions such as nursing, it can relate to volunteering in different communities, and it can relate to the environment. Sustainability helps the students and staff of Missouri State, a variety of different people in different communities, and many people that peruse different professions
Both of these areas are the lifeblood of the company, and any benefit to them should not be overlooked. Before a company can become proficient at corporate social responsibility, they must first know its definition. Corporate social responsibility is defined as actions that can be taken by a company to ensure they are adhering to ethical and social responsibilities of the day. These corporate social actions are self-regulatory, as a company strives to adhere to guidelines while also going above and beyond being a Good Samaritan in the business world (ECA, 2015). This can place certain businesses at the forefront in customers mind because of the example they are setting in the marketplace. A company going above and beyond the call of duty to work towards a more philanthropic approach in the surrounding community is a perfect example for corporate social responsibility. Going deeper into the definition, corporate social responsibility acts like a “double bottom line” for a company, as they strive to achieve financial goals, but also achieve their social mission out in the community. Once a company is aware of what the concept of corporate social responsibility is, they can now implement it and start to reap the many benefits of its
The knowledge and the skills that has brought the course to me was mainly an introduction in understanding the development of appropriate business policies and strategies to meet stakeholder needs within a changing environment, the development of understanding of the role of CSR policies (Business ethics...