Corporate Social Responsibility - MDOS

1 Corporate Social Responsibility DAVID CROWTHER & G LER ARAS DOWNLOAD FREE TEXT BOOKS AT Download free books at David Crowther & G ler Aras Corporate Social ResponsibilityDownload free books at Corporate Social Responsibility 2008 David Crowther, G ler Aras & Ventus Publishing ApS ISBN 978-87-7681-415-1 Download free books at Social Responsibility ContentsContents1. Defining Corporate Social Responsibility Introduction Definitions of CSR The effects of organisational activity The principles of CSR Conclusion References Further reading Self-test Questions 2. The principles of CSR Introduction The prominence of CSR Changing emphasis in companies Sustainability Environmental issues and their effects and implications Externalising costs The Social Contract Conclusions References Further reading Self-test Questions 10 10 10 13 14 17 17 18 18 19 19 19 20 21 22 22 25 26 26 27 27 what s missing in this equation?

2 MaeRsK inteRnationaL teChnoLogY & sCienCe PRogRammeYou could be one of our future talentsAre you about to graduate as an engineer or geoscientist? Or have you already graduated?If so, there may be an exciting future for you with Moller - Maersk. click the advertDownload free books at Social Responsibility 3. Stakeholders & the Social contract Introduction What is a stakeholder? Multiple stakeholding The classification of stakeholders Stakeholder Theory Regulation and its implications Risk Reducing Conclusions References Further Reading Self-test Questions 4. Issues concerning Sustainability Introduction Defining sustainability The Brundtland Report Critiquing Brundtland Sustainability and the Cost of Capital Redefining sustainability Distributable sustainability Summarising Sustainability Conclusions References 28 28 28 30 30 30 34 36 38 38 40 40 41 41 41 42 43 45 46 49 50 51 51 ContentsPlease click the advertDownload free books at Social Responsibility Further reading Self-test Questions5.

3 Ethics, CSR and Corporate Behavior Introduction 54 What is Ethics? The Why ? Ethical philosophies The Gaia Hypothesis Corporate Behaviour CSR, Ethics and Corporate Behavior Corporate Reputation Conclusion References Further Reading Self-test Questions 6. Performance Evaluation and Performance Reporting Introduction What is performance? Social accounting Aspects of performance The balanced scorecard The environmental audit The Measurement of Performance The Evaluation of Performance 52 5253 54 54 55 58 59 60 61 62 63 63 64 65 65 65 66 68 69 72 74 75 free books at Social Responsibility Multi-dimensional performance management Conclusions References Further reading Self-test questions 7. Globalisation and CSR Introduction Globalisation How Globalisation Affects CSR Globalisation, Corporate Failures and CSR Is Globalisation an opportunity or threat for CSR? Conclusion References Further Reading Self-test Questions 8.

4 CSR in not for profit organisations Introduction Distinguishing features of sector Types of NFP organisation Motivation for NFP s Implications for managers Available resources Structure of a charity 76 77 77 78 78 79 79 79 83 84 86 88 88 89 89 90 90 90 91 92 93 94 95 ContentsPlease click the advertDownload free books at Social Responsibility Accounting issues CSR issues in NFPs Conclusions References Further reading Self-test questions 9. CSR and Strategy Introduction The Role of a Business Manager The objectives of a business The Tasks of a Manager The importance of performance measurement Managers and business ethics Corporate Governance Corporate Governance Principles Conclusions References Further reading Self-test Questions 10. Corporate Social Responsibility and Leadership Introduction The concept of leadership Styles of Leadership 96 96 98 98 99 99 100 100 100 101 104 108 108 110 111 114 114 115 115 116 116 116 119 ContentsAlways aiming for higher another day at the office for a Tiger.

5 2009 accenture . All rights the accenture High Performance Business Forum On Thursday, April 23rd, accenture invites top students to the High Performance Business Forum where you can learn how leading Danish companies are using the current economic downturn to gain competitive advantages. You will meet two of accenture s global senior executives as they present new original research and illustrate how technology can help forward thinking companies cope with the to see the program and registerPlease click the advertDownload free books at Social Responsibility Organisational culture and styles of leadership Motivation Definitions of power Sources of power Systems of control Strategic planning Corporate planning Planned and emergent strategy Feedback Agency Theory The Limitations of Agency Theory References Further reading Self-test Questions Notes 119 121 123 125 126 126 129 131 132 135 140 141 143 143 144 Contentsit s an interestingworldGet under the skin of opportunitiesCheltenham | 24,945 + benefitsOne of the UK s intelligence services, GCHQ s role is two-fold.

6 To gather and analyse intelligence which helps shape Britain sresponse to global events, and, to provide technical advice for theprotection of Government communication and information doing so, our specialists in IT, internet, engineering, languages,information assurance, mathematics and intelligence get wellbeneath the surface of global affairs. If you thought the world was an interesting place, you really ought to explore our world of must be British citizens. GCHQ values diversity and welcomes applicants fromall sections of the community. We want our workforce to reflect the diversity of our click the advertDownload free books at Social Responsibility 0 1. Defining Corporate Social Responsibility CSR analyses economic, legal, moral, Social and physical aspects of environment . Barnard (1938) ..being the managers of other people's money than of their own, it cannot well be expected that they should watch over it with the same anxious vigilance with which partners in a private copartnery frequently watch over their own.

7 Like the stewards of a rich man, they .. consider attention to small matters as not for their master's honour and very easily give themselves a dispensation from having it. Introduction Corporate Social Responsibility (or CSR as we will call it throughout this book) is a concept which has become dominant in business reporting. Every corporation has a policy concerning CSR and produces a report annually detailing its activity. And of course each of us claims to be able to recognise Corporate activity which is socially responsible and activity which is not socially responsible. There are two interesting pints about this: firstly we do not necessarily agree with each other about what is socially responsible; and although we claim to recognise what it is or is not when we are asked to define it then we find this impossibly difficult. Thus the number of different definitions is huge and is this chapter we will look at some of these. Definitions of CSR The broadest definition of Corporate Social Responsibility is concerned with what is or should be the relationship between global corporations, governments of countries and individual citizens.

8 More locally the definition is concerned with the relationship between a corporation and the local society in which it resides or operates. Another definition is concerned with the relationship between a corporation and its stakeholders. For us all of these definitions are pertinent and each represents a dimension of the issue. A parallel debate is taking place in the arena of ethics should corporations be controlled through increased regulation or has the ethical base of citizenship been lost and needs replacing before socially responsible behaviour will ensue? However this debate is represented it seems that it is concerned with some sort of Social contract between corporations and society. Defining Corporate Social ResponsibilityDownload free books at Social Responsibility Defining Corporate Social Responsibility This Social contract implies some form of altruistic behaviour the converse of selfishness whereas self-interest connotes selfishness. Self-interest is central to the Utilitarian perspective championed by such people as Bentham, Locke and J.

9 S. Mill. The latter, for example, is generally considered to have advocated as morally right the pursuit of the greatest happiness for the greatest number although the Utilitarian philosophy is actually much more based on selfishness than this something to which we will return later. Similarly Adam Smith s free-market economics, is predicated on competing self-interest. These influential ideas put interest of the individual above interest of the collective. The central tenet of Social Responsibility however is the Social contract between all the stakeholders to society, which is an essential requirement of civil society. This is alternatively described as citizenship but for either term it is important to remember that the Social Responsibility needs to extend beyond present members of society. Social Responsibility also requires a Responsibility towards the future and towards future members of society. Subsumed within this is of course a Responsibility towards the environment which we will also return to later because of implications for other members of society both now and in the future.

10 There is however no agreed definition of CSR so this raises the question as to what exactly can be considered to be Corporate Social Responsibility . According to the EU Commission [(2002) 347 final: 5], ..CSR is a concept whereby companies integrate Social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis. Corporations are part of society A growing number of writers however have recognised that the activities of an organisation impact upon the external environment and have suggested that one of the roles of accounting should be to report upon the impact of an organisation in this respect. Such a suggestion first arose in the 1970 s and a concern with a wider view of company performance is taken by some writers who evince concern with the Social performance of a business, as a member of society at the desirability of considering the Social performance of a business has not always however been accepted and has been the subject of extensive debate.