Publicity can be a key part of using CSR to win contracts. An ever more diverse range of businesses are adopting CSR strategies as a core part of their business model. has two meanings. Introduction The corporate social responsibility (CSR) concept has recently become more heavily widespread and at the heart of some companies agendas. People want to buy from businesses they respect. Most of the companies in Indian economy are playing significant roles in creating awareness of social distancing as an aid to mitigate the spread of this deadly infection – covid-19. Corporate social responsibility is a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with the stakeholders on a voluntary basis. Considering the social responsibility of universities with a large number of stakeholders (students, institutions, government, employees, companies, local community, etc. See our Privacy Policy and User Agreement for details. Success in international markets depends not only on the quality of its goods or services, but also on its social consciousness, level of CSR, and corporate gifting. 1. Role of Media in Corporate Social Responsibility and Sustainable Development January 2003 1. Corporate Social Responsibility and Human Resource Management: A Systematic Review and Conceptual Analysis Recent attention to employee-focused corporate social responsibility (CSR) and ethical aspects of human resource management (HRM) has been paralleled by an increased focus on research and practice linking CSR and HRM (e.g. A Presentation by R.K.Sahoo 14 August 2012 1. A Presentation by R.K.Sahoo 14 August 2012 1 2. 1. Corporate social responsibility allows organizations to do their bit for the society, environment, customers or for that matter stake holders. Corporate Social Responsibility (CSR) projects have the potential to play a major role in developing Countries (DCs) and in their economic development. You can change your ad preferences anytime. | PowerPoint PPT presentation | free to view If you continue browsing the site, you agree to the use of cookies on this website. Clipping is a handy way to collect important slides you want to go back to later. Strategic management plays a significant role in corporate governance decision making. Today’s customers not only prefer to spend their money with socially or environmentally conscious companies. The two are closely linked and should work together. On top of that, in the modern marketplace, CSR initiatives provide the most powerful differentiating factor for businesses. Corporate Social Responsibility (CSR) is when a company operates in an ethical and sustainable way and deals with its environmental and social impacts. 488 c s r i n g l o b a l c o n t e xt Corporate Social Responsibility can go a long way in rehabilitating the employer brand with potential new hires and society at large. Corporate Social Responsibility (CSR) Business Criticism / Social Response Cycle Factors in the Societal Environment Criticism of Business Increased concern for the Social Environment A Changed Social Contract Business Assumption of Corporate Social Responsibility Social Responsiveness, Social Performance, Corporate Citizenship A More Satisfied Society Fewer Factors … Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. This video clip tries to give competent but also entertaining answers to this question. At the same time, you should see CSR as part of a continuing process of building long-term value. Corporate Social Responsibility (CSR) is a very common term in the corporate and social sectors these days. It encompasses not only what companies do with their profits, but also how they make them. Looks like you’ve clipped this slide to already. See our User Agreement and Privacy Policy. Introduction to Corporate Social Responsibility What you’ll learn to do: explain the concept of corporate social responsibility (CSR) Corporate social responsibility is a more proactive and recent kind of form of business ethics that is increasingly playing a large role in corporate missions and strategies. © 1991 by the Foundation for the School of Business at Indiana University. CSR can be particularly effective for targeting ethical companies, the public sector and not-for-profit organisations. Social responsibility implies corporate enterprises should follow business ethics and work for not only to maximise their profits or shareholders’ value but also to promote the interests of other stakeholders and the society as a whole. Two instances of lack of social responsibility of business witnessed in India are worth mentioning. Defining Corporate Social Responsibility CSR analyses economic, legal, moral, social and physical aspects of environment . Corporate social responsibility (CSR) refers to the self-imposed responsibility of companies to society in areas such as the environment, the economy, employee well-being, and competition ethics. PDF | On Jan 1, 2017, Nidhi Tandon and others published The Role of Corporate Social Responsibility in India | Find, read and cite all the research you need on ResearchGate CSR has become so important that many organizations have re-branded their core values to include social responsibility. CSR is not a specific management theory but a guiding principle that is based on the concepts of sustainability. CSR is the responsibility of corporations to contribute to a better society and cleaner environment. Source: Archie B. Carroll, “The Pyramid of Corporate Social Responsibility: Toward the Moral Management of Organizational Stakeholders,” Business Horizons (July-August 1981). Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Looks like you’ve clipped this slide to already. You can change your ad preferences anytime. A company should deal respectfully with all current business activities that … Used with permission. Corporate social responsibility PPT | 2015, Business Ethics and Social Responsibility, Challenges Of Corporate Social Responsibility, No public clipboards found for this slide, Assistant Professor at Manonmaniam Sundaranar University. CORPORATE SOCIAL RESPONSIBILITY 1. 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 … This means a careful consideration of human rights, the community, environment, and society in which it operates. Get the plugin now Everything you do should help improve your reputation and encourage customers and other stakeholders to stay involved with you. corporate social responsibility principles in a very important sector that has not received systematic attention and consideration in the literature. These programs center around the idea that businesses can make the world a better place, or at the very least, they can reduce their negative social and environmental footprint on the world. Corporate social responsibility PPT | 2015, No public clipboards found for this slide. Corporate Social Responsibility - Corporate Social Responsibility A corporation should be held accountable for any of its actions that affect people, their communities, and their environment. developments Corporate Social Responsibility (CSR) is becoming an increasingly important element on national and transnational policy agendas. See our User Agreement and Privacy Policy. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. CSR is broadly grounded in an understanding of business being part of society. They also us… Let's start with a simple fact: Socially responsible organizations achieve a far greater positive image (or “good company credits,” as some practitioners put it), loyalty and customer trust. Corporate Social Responsibility epitomizes this critical approach, and may be a driver for an enlarged conception and practice of CSR in developing countries. Corporate Social Responsibility (CSR) The title corporate social responsibility In general, the conviction that corporations are not only legal entities with responsibilities but also moral entities, and they hold ethical obligations comparable to those of citizens in a society. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. Presentation Summary : Unethical behavior violates these rules. See our Privacy Policy and User Agreement for details. Common roles of CSR include helping control costs, improve a company's brand, attract top-quality talent and facilitate long-term financial success. If you continue browsing the site, you agree to the use of cookies on this website. The Adobe Flash plugin is needed to view this content. Many companies use internal CSR regulation as a form of moral compass to positively influence the ethical development of their business. If you continue browsing the site, you agree to the use of cookies on this website. If you continue browsing the site, you agree to the use of cookies on this website. T. Samuel Pongen 1 BBA – B Christ University 2. Corporate Citizenship, Social Responsibility, Responsiveness, and Performance 12/1/2011 By Saurabh Kumar. What is Corporate Social Responsibility (CSR)? Social Responsibility PPT 1. Of interest to this paper is an exploration of migrant entrepreneurs and corporate social responsibility nexus as well as their role in community projects in home countries. Clipping is a handy way to collect important slides you want to go back to later. A code of ethics is a set of rules for guiding the actions of employees or members of an organization. A business that buys recycled paper - but exploits its custo… Learn More →. PPT – Corporate Social Responsibility: the role of PrivatePublic Partnership Giovanna Bottani ICSR Foundat PowerPoint presentation | free to download - id: 21189d-YThjM. The role of corporate governance in a company's hierarchy is an essential one to allow for conflict resolution and appropriate involvement of all shareholders. 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