through Corporate Social Responsibility; an Indian Scenario Jinu Mathew and Suresh T.S. ABSTRACT CSR activities refer to the initiatives of an individual corporate entity undertakes as an extra effort for the welfare of the society and environment as a whole. This initiative is a kind of gratitude shown by the companies towards the society from whom they earn profits. Companies can build sustainable brand image by emphasizing on social, economic and environmental problems of the society. Customers will
to solve social problems. Therefore, according to this argument, social problems should be solved by other specialized agencies. iv. Lack of broad public support: Here the argument is that the public in general does not like business involvement or interference in social programmes. Therefore, business cannot operate successfully because of lack of public confidence and cooperation in solving social problems. 1.4.4.Reality of Social Responsibility On the basis of the above arguments for and against
levels of corporate social responsibility of Modern Corporation [1] thoughts formed in early twentieth Century, on the one hand, with the development of society actively accelerated, the scale of the enterprise the expansion, the importance and power of the enterprise in the society, expanding corporate influence There was no parallel in history., rapid expansion, expansion makes people begin to require the company to undertake its power to match the power of social responsibility; on the other hand
“pursuit of happiness”, which exemplifies the common right for every individual. This belief however, that human happiness can be achieved while simultaneously fulfilling social obligations is constantly being challenged by authors throughout the world in various periods of history. In fact, personal happiness and social responsibilities are constantly being negotiated and even further develop in relations to each other in specific historic and cultural contexts. Both the plays Tartuffe by Jean-Baptiste
INTRODUCTION The shared goal of social entrepreneurship, corporate social responsibility and social innovation is the advancement of society. The business model of social enterprises is characterized by unique strategies based on the competencies of the entrepreneurs, and is not aimed primarily at the maximization of profits, but rather at carrying out goals for the benefit of society. Corporate social responsibility refers to the active behaviour of a company, by which it can create new solutions
Man is a social being therefore he forms society based on common morals. Every society needs governance for common good because in common good depends the progress of individual and society. That means governance is a direct need of individual and society. Governance doesn’t mean the forceful imposition of law but it means the systematic way of working that includes implementation of rules and regulations with a sense of moral responsibility. Meaning of Governance- in a general sense Governance
theory begins with the assumption that values are necessarily and explicitly a part of doing business” (Freeman et al 2004). • This is a simple proposition that CSR is an implicit division of business ethics. • This context simply defines social responsibility as a mere recognition of corporate duties and the implied relationship that exists between businesses and the external environment that set in motion its performance and existence. Business ethics Definition: Business Ethics constitutes principles
The paper compares corporate social responsibility of Samsung Life Insurance and Zurich Insurance Group based in South Korea and Switzerland, respectively. Furthermore, the outcome and the impact of an investments a company does for CSR will be examined and analyzed. 1.1 Research Questions - What are the main differences regarding corporate social responsibility between these two companies? - In which way is corporate social responsibility employed to shape specific projects of Zurich Insurance
as maintaining right relationships, being authentic as an individual and having the courage of doing the right things is right, instead of doing things right (The Ethics Centre, n.d.). Social responsibility is the civic duty of an individual to benefit the society as a whole in a way that the welfare of the society is concerned, as well as the environment is not harmed (Pachamama Alliance, n.d.). A business can be ethically and socially responsible when its business is operated in a business route
Social responsibility, as a concept, has become a tremendously important challenge for the business sector in recent years, due to the fast-changing environment, business climate and social challenges that every company faces. In the long-run, it is believed that the companies that will actually survive in such environment will be those that show a high level or social responsibility, or simply, the firms that will gain general “empathy” to the society as a whole. When analyzing social responsibility