Definition Of Corporate Social Responsibility - 1007 Words

Rogers Telecom’s definition of corporate social responsibility is similar to the ISO 26000 in addressing the seven principle subjects, organizational governance, human rights, labour practices, the environment, fair operating practices, consumer issues, and community involvement and development. Although, not all issues belonging to these principles were addressed. The strongest attributes of the Rogers CSR definition supported by their 2013 CSR report are organizational governance, fair operating practices, consumer issues, community involvement and development, and the environment. The weaker attributes of the Rogers CSR definition supported by their 2013 CSR report are human rights and labour practices. Organizational governance and fair operating practices were evident in both Rogers Telecom’s CSR definition and report as they were frequently mentioned as an important factor in all business activities. Specifically, Rogers addressed two issues under the fair operati ng practices principle, anti-corruption and fair competition. Rogers approach in addressing the issue of anti-corruption is to adhere to the Rogers Business Conduct Guidelines, guidelines that define the expected behaviour from all employees in standards of business conduct, integrity and ethical behaviour. In addition, Rogers Board of Directors must also comply with these guidelines as well as a separate, Directors Code of Conduct and Ethics. Furthermore, Roger’s combats anti-corruption with their whistleShow MoreRelatedCorporate Social Responsibility Definition1011 Words   |  5 PagesThis research study is about what the Corporate Social Responsibility (CSR) is, how people define and how I understand this term? According to my research and observations, CSR does not have only one and constant definition. I have read a lot of definitions of CSR and in fact, they are similar but not the same. Briefly, definition and understanding of CSR depends on person to person. Thus, I am going to talk about definitions of the CSR and I will define my own perspective about the CSR. Read MoreCorporate Social Responsibility: Global Definition of Csr, Impact of Csr on Smes, Best Practices, and Strategies Could Be Implemented in Bangladesh.10265 Words   |  42 Pagesfor CSR solely because of its economic benefits - an ethical case must be made for companies taking responsibility for the impact of their relations with society and the environment, otherwise the foundations of CSR will be far too narrow. However, Corporate Social Responsibility (CSR) is becoming an increasingly significant category by which a company s reputation is evaluated. A variety of social and environmental issues across a broad spectrum of industries have recently been covered in the mediaRead MoreCorporate Social Responsibility And Corporate Sustainability Essay1658 Words   |  7 PagesCorporate Social Responsibility Vs Corporate Sustainability in India: A case study on Aditya Birla Group Supriya Agarwal Abstract: Corporate Social Responsibility (CSR) is now a burning topic in India, which became prominent and most amplified in 2013 when companies were obligated to spend two percent of profit after tax in CSR activities set by the Ministry of Corporate Affairs, Government of India. Although, the concept of CSR is not new in India and has evolved and developed very well from hundredsRead MoreCorporate Social Responsibility Of India Essay1669 Words   |  7 Pages CORPORATE SOCIAL RESPONSIBILITY IN INDIA â€Å"Crossing the Bridge from Knowing to doing† Jasleen Kaur Luthra* â€Å"Successful people have a social responsibility to make the world a better place and not just take from it.† Carie Underwood Abstract The 21st century is characterized by unprecedented challenges and opportunities, arising from globalization, the desire forRead Moreâ€Å"Why Companies Can No Longer Afford to Ignore Their Social Responsibilities†1388 Words   |  6 PagesAfford to Ignore Their Social Responsibilities† Theme of the Article Over the years, the perspective of corporate social responsibility has evolved in Corporate America. Today, many businesses have made promises to contribute to current social problems, such as the environment and labor standards. Companies are now looking at corporate social responsibility as a sustainability tactic that can benefit their overall market value. Companies that do not pay attention to their social and ethical responsibilitiesRead MoreThe Concepts Of Csr And Financial Performance1450 Words   |  6 PagesTo measure the corporate social responsibilities and financial performance, the property and concept should be the first concern. This chapter aims to provide a detailed description of the concepts of CSR and financial performance. The framework and theories of CSR and financial performance are analyzed in the following sections. In addition, the measurement of corporate social performance and financial performance are also discussed. 2.1 What is CSR? After more than one hundred years of improvementRead MoreThe Researcher Will Use A Wide Range Of Secondary Research1294 Words   |  6 Pagesis a multitude of definitions of Corporate Social Responsibility (CSR). According to Business for Social Responsibility, ‘CSR is defined as achieving commercial success in ways that honor values and respect people, communities and the natural environment.’ Alternatively, CSR has been described as ‘an action by a firm, which the firm chooses to take, that substantially affects an identifiable social stakeholder’s welfare.’ Osie-Kwame, S (July 2015). Corporate Social Responsibility refers to businessRead MoreEvaluation: Ethical Perspectives on Social Responsibility Essay1143 Words   |  5 Pageson Social Responsibility This paper evaluates Cohen’s article on social responsibility and considers how his perspective and ideas align in comparison with other management experts including Drucker and Friedman. Some key components that are included in the evaluation are: †¢ A definition of the concept of social responsibility. †¢ What Cohen identifies as the social responsibility of a business to the workers, stakeholders, and society as a whole. †¢ How Cohen’s perspective of the social responsibilityRead MoreEthical Perspectives On Social Responsibility1478 Words   |  6 PagesEthical Perspectives on Social Responsibility Corporations are encouraged to conduct their activities in an ethically responsible manner, however neither the corporate world nor academia has produced a single – all encompassing definition of corporate social responsibility (CSR). The basic problem is that there are too many self-serving definitions that often lean toward the specific interests of the entities involved (Van Marrewijk, 2003). There has even been a quantitative study conducted onRead MoreDefinition of Csr1234 Words   |  5 Pagesso one significant issue that most firms have been actively involved in is Corporate Social Responsibility (CSR). Some may debate that it decreases company’s profits by spending much money on CSR. However, according to Needle (2004), ‘good’ CSR is also good for business, a firm could benefit from doing CSR. Thus, this paper aims to explain its importance. It begins with the definition of CSR and its four responsibilities, then presents how it influences a busi ness and benefits it can bring. Finally