CSR AND COMPETITIVE ADVANTAGE Corporate social responsibility (hereinafter CSR) has become one of the central issues on the agenda of organizations today‚ but is still a long way from being a centre stage on corporate strategy (Smith‚ 2003; Stewart‚ 2006). One of the key problems is the lack of understanding about the impact CSR has on competitiveness (Porter and Kramer‚ 2006). There are many studies trying to analyze the relationship between CSR and financial performance (Chand and Fraser
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CSR in Saudi Arabia Due to the fact that the concept of CSR arise a lot of questions in a global base‚ more questions are asked within the Middle East and Saudi Arabia in particular. There are many misconceptions in Saudi Arabia of this important element of every society. In short‚ the CSR concept in Saudi Arabia is in the first stages of its maturity. Given its wealth of the natural resources and how large the youth proportion of 65% of its total population‚ Saudi Arabia approaching great opportunities
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the community. Ethical issues As stated in Alec‚ Gonca & Efe’s (2011) journal‚ “the evolution of Corporate Social Responsibility (CSR) and the concept of Corporate Sustainability (CS) have converged resulting in a similar objective of achieving the balance between economic prosperity‚ social integrity and environmental responsibility” (Alec‚et al.‚ 2011). CSR is the concept coined to describe how organizations now consider the welfare of the people by being responsible for the impact of their
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Hopkins (2003) stated that Corporate Social Responsibility (CSR) “is concerned with treating the stakeholders of a company or institution ethically or in a responsible manner.” The fundamental role of any organisations is to protect all stakeholders; within or outside the company while keeping in mind the main reason for undertaking business activities; making profits. INTRODUCTION In 1970‚ Friedman stated that Corporate Social Responsibility (CSR) “hypocritical window-dressing”. Friedman (1970)
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Topic: Advertising to children: is it ethical? With the technology development and progress of the times‚ advertisements appearing in every corner of the commercial world‚ the topic of advertising has become a controversial discussion in the recent two decades. There are lots of arguments on “is advertisement good or not?” If let me to answer this question‚ I would probably say advertisement makes shopping convenient for people under no subconscious mind control. (Adam) That is to say it is
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DISCLAIMER Notes to the Annual Report on Form 20-F This PDF version of the Unilever Annual Report on Form 20-F 2012 is an exact copy of the document filed with the SEC at www.sec.gov. Certain sections of the Unilever Annual Report on Form 20-F 2012 have been audited. These are where indicated on pages 23 to 29. The Annual Report on Form 20-F 2012 references the Unilever Annual Report and Accounts 2012. The sections of the Unilever Annual Report and Accounts 2012 that have been audited are set out
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7 Reasons You Should Care About Social Responsibility Sep 20 2014 47‚440 Views 153 Likes 48 Comments Share on LinkedIn Share on Facebook Share on Google Pluse Share on Twitter With an increase in consumer pressure for companies to be more socially responsible‚ making a positive contribution to society is becoming increasingly important. From the perspective of many corporations and business owners‚ however‚ social responsibility is often considered the “right thing to
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INTRODUCTION Corporate Social Responsibility (CSR) has been defined as many things lately. Simply put‚ it is the commitment of a business or company to continuously upgrade its processes‚ systems‚ products and services by behaving responsibly and creating value for local communities they operate in‚ and by enabling its employees‚ existing and potential customers to improve their standards of living. Companies are said to be able to achieve their business goals in a transparent & ethical manner
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RELATIONS 8 7.0 CSR ACTIVITIES PROCEDURES 9 7.1 PLANNING 9 7.2 EXECUTION 9 7.3 POST IMPLEMENTATION REVIEW 10 8.0 APPENDIX 1 11 1.0 PURPOSE The purpose of this document is to clearly identify the objectives‚ structure‚ guidelines and procedures for carrying out Corporate Social Responsibilities (CSR) activities in CNOOC Energy services Nigeria Limited. This document is aimed at providing a clear understanding of the firm’s Corporate Social Responsibilities (CSR) activities.
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What is CSR? Why is it important? Why do companies pursue CSR strategies? CSR is corporate social responsibility. “the organization’s status and activities with respect to its perceived societal obligations.” Most of CSR to date has been from a study of American and Western European large companies CSR goes beyond what is legally required. It is ‘conscience driven’. CSR enhances ‘legitimacy’ of firms Idea is entrenched to different degrees in different places in the world 5 dimensions: 1.)
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