Title Introduction Statement of the problems (include definition of CSR, ownership structures) Under different ownership structures, whether there is relationship between financial performance and corporate social responsibility and whether there is difference? 2.If we find a difference under different ownership structures, this may be due to Agency problem? (Reasons behind) Agency Theory Agency theory is concern about the relationship between principal and agent. It describes the conflict
Responsibility (CSR) is right to have good image. According to Keller (1993), organization image is the brand’s public reception, reflecting organization’s brand awareness and the shape of brand associations that is form in public conscious minds. A study from Reputation Institute which is a private global consulting firm has found that about 42% people feel about an organization is based on their perceptions towards CSR of the organization itself. A research from Werther & Chandler (2005) stated that CSR give
Social Responsibility (CSR) is a topic which has much interest within the managerial world. CSR refers to “firm’s consideration and response to, issues beyond economical, legal and technical requirements of the firm to accomplish legal and social benefits along with economic gain which firm seeks”. Its goal will be to attain sustainable development. Sustainable development means equal development in social, economic and environment. All corporates are profit motive and so their CSR activities will be
ideas and hard work. The CSR plays an important role in the employees engagement in the companies.Many of the surveys have proved in their study that employees choice is for those companies ,those are committed to the corporate social responsibility and environment concerns. The employees of the new generation needs a change in their which will create a enthusiastic environment at workplace and gives them pleasure. The CSR gives them change and happiness at workplace. The CSR program started by the
the 10 most reputable organizations that perform corporate social responsibility (CSR), which demonstrates that BMW is constantly initiating and maintaining CSR projects (para. 9). In addition, BMW officially started in 1916 in Germany due to the consolidation of Flugmaschinenfabrik Gustav Otto (FGO) and Bayerische Flugzeug-Werke AG (BFW) (BMW Group, 2015, para. 45). Moreover,
corporate social responsibility in such a way that it helps in motivating their employees. The main reason to use CSR as a strategy to help in motivating employees is so that even the employees start to feel that they are a part of the organisation. Similar steps are being taken by the Nottingham Scientific Limited (NSL) Corporation. The research proposal provides an outline regarding the use of CSR as a strategy by NSL to motivate their employees so that the company can achieve sustainability. The methodology
In Malaysia, the area of corporate social responsibility (CSR) has developed aggressively in the last decade and is gradually becoming universal. Companies are now expected to put into account all aspects of their performance including social, environmental performance and financial results. Thus, more organizations are now engaged in serious efforts to define and conform CSR into all aspects of their businesses.[ Ahmad NN, Rahim NLA. “Awareness of the concept of corporate social responsibility among
integrate social and environmental concerns in their business operations and interactions with their stakeholders. CSR is generally understood as being the way through which a company achieves a balance of economic, environmental and social imperatives, while at the same time addressing the expectations of shareholders and stakeholders. In this sense it is important to draw a distinction between CSR, which can be a strategic business management concept, and charity, sponsorships or philanthropy. Even though
Gupta. He said that performance appraisal activities are based on the goal setting theory where employees are judged on the basis of the goals decided and frozen after the discussion between employee and his manager. Employees have two performance appraisal in a year one in September and another in March. It is a two ways process in which first employee rate his or her performance on the scale of 5 and in the second level manager rates the employee on the scale of 5 on the various goals
amendment to the Company Law that makes it mandatory to spend 2% of profits on Corporate Social Responsibility (CSR) by Government of India, the law first of its kind and not followed elsewhere, one can see CSR becoming part of every company’s agenda falling under the rule. But if we look closely we will realize that even before the law came into existence, many big and small companies have done CSR in small or big way. In India, Tata Group has always been recognized for their social responsibility. The