What's more, 64 percent of CEOs now
view Corporate Social Responsibility as core to their business rather than as a standalone program.
Not exact matches
At a recent Nasdaq luncheon Q&A, Schultz was challenged about his expansive
view of «
corporate social responsibility»: Was it not the role of the corporation simply to maximize profits for shareholders, who in turn can use the proceeds to do good in the world if they choose?
Particularly, the authors state, such training could help business students become more aware of their own
views regarding
corporate social responsibility and gain an understanding of how these attitudes might affect their perceptions of CSR's relevance in the workplace.
In the second experiment, the participants were found to have either a «stakeholder
view» (stressing ethics and
social responsibility) or a «stockholder
view» (assigning a lesser rank to principles of
corporate social responsibility).
A new study looks at what happens when a company's employees
view its efforts related to
corporate social responsibility as substantive (perceived to be other - serving and genuinely aimed at supporting the common good) or symbolic (perceived as self - serving and performed primarily for reputation and to enhance profits).
Contrary to the popular
view among many executives that
corporate social responsibility is unlikely to benefit their company, our findings suggest that in addition to benefiting society,
corporate social responsibility can contribute to a company's bottom line by improving consumer evaluations of their products,» the authors conclude.
The measure indicated that when employees attribute
corporate social responsibility as substantive, benefits accrue to the individual and to the organization as a whole; however, when
viewed as engaging in greenwashing, self - serving engagement in
corporate social responsibility backfires: employee reactions are negative, and they may do less for the organization and label it as a «taker» rather than a «giver..»
Even LawPRO's Statement on
Corporate Social Responsibility views a committed, healthy and diverse bar as essential to the functioning of a democracy and to the protection of individual rights in society.
Read the organisation's website,
social media profiles and key literature (e.g. business plan, financial reports and
corporate social responsibility strategy), ensuring that you're prepared to share your
views and ideas.