PWC Corporate Social Responsibility

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Recommended: An Essay On Corporate Social Responsibility

There is a debate about the level of social responsibility of multinational and national companies there days. Various books have been written detailing the right approach to the problem covering different perspectives. The ideology is well developed, however, there is a lack of current case studies analyzing what is really happening in the corporate executive level to support the society. There are many mission statements written about social responsibility, however, it is essential to examine how companies approach the projects and how they educate their employees to involve them in their plans. Social responsibility can be determined different ways, just as goals can be set for different causes. There are various motivations behind the decision to choose social priority, and often this involved impressing customers with an event or spectacular donation. In the below study we will review PricewaterhouseCoopers' (PWC) Chicago office’s projects regarding social responsibility; charity events, donations and volunteering work. PWC is an organization that takes social responsibility seriously. On their main corporate website, we can see a full page being dedicated to the mission regarding giving back to the society. According to the company, their main motivations to help achieve public welfare are the recession and to provide education opportunities for young people from disadvantaged families. The Chicago office has recently been involved in many volunteering projects. We will first review one of the main events of this year: Operation Hope at Chicago Schools. Interns from the company did volunteer their time to provide financial education for young people from grade 4 to 8. The project “Banking on Our Future” was developed ... ... middle of paper ... ...ided with support to survive the financial hardship after the catastrophe, however, it is possible that they needed other type of help or support, i.e. emotional, family or education. There is no doubt that charitable giving and volunteering does improve a modern firm’s reputation, but studies are needed to determine whether it is SRBC is able to provide real values to the society. Works Cited Banking on Our Future Website [Online. Accessed: 30. 09. 2011.] http://www.operationhope.org/index.cfm/act/program/pid/1 Banerjee, S. B. Corporate social responsibility: the good, the bad and the ugly. 2007. Margolis, J. D. and J. P. Walsh: 2003, ‘Misery LovesCompanies: Rethinking Social Initiatives by Business’ Administrative Science Quarterly 48, 268–305 Graafland, J., Mazereeuw-van der Duijn, C. Motives of Socially Responsible Business Conduct. 2010.

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