Corporate and Social Responsibility - 997 Words

CRITICAL REVIEW OF ARTICLES D. Birch (2002). Social, Economic and Environmental Capital. Corporate Citizenship in a New Economy. Deakin University, Melbourne J.M. Darley (2005). How Organizations Socialize Individuals into Evildoing In recent years, Corporate and Social Responsibility has become an ever increasing concern and source of community debate. It is now socially accepted that corporations have some ongoing responsibility, though sometimes ignored, to set a good example, make decisions based on social good and on ensuring positive environmental practices. The two articles reviewed both focus on this corporate responsibility but they have very different approaches and draw very different conclusions. John Darley s†¦show more content†¦Acknowledging that such a change in thinking is easier said than done, Birch still determines that this type of Sustainable Capitalism needs to be at the heart of New Economics Ââ€" it is about investing in the long term (p.5). While I believe this is an overly simplified way of looking at the problem of ensuring corporate responsibility I think it does offer hope for future corporate social reform and some means for achieving this reform. How we perceive, deal with and interact with corporations and how they interact with each other may well have to change if there are to be broad sweeping changes within the corporate world involving social responsibilities. Consideration also needs to be given not only to incentives for acting responsibly but for deterrents and penalties. As both articles identified, there is a growing desire in the community for greater care, a sense of involvement and social-corporate interaction. While Birch examines this desire in terms of positive corporate influence and increased interaction in the community and then offers some ideas on ways to move forward, Darley focuses on the concern caused by lack of past corporate responsibility and how individuals played a part in these larger processes. Corporate Responsibility is obviously a broad reaching topic that is composed of many other factors. Neither article chose to look in-depth at some of these otherShow MoreRelatedCorporate Social Responsibility : Corporate Responsibility773 Words   |  4 PagesCorporate social responsibility may also be referred to as corporate citizenship and can involve spending finances that do not directly benefit the company but rather advocate positive social and environmental change. The soul in the next economy forum presentation made it evident that achieving corporate social responsibly in a company can reap major benefits in terms of finances, more inspiring workplace and customer satisfaction. In the past, companies mistakenly thought that corporate socialRead MoreCorporate Social Responsibility : Corporate Responsibility2819 Words   |  12 PagesIntroduction For the past years, corporate social responsibility also referred, as corporate conscience has been a respected subject for discussion. Corporate social responsibility, unquestionably, contains more viewpoint than simply worried about the ecological impacts of associations. It came in people groups mind at the later 1880, time of essential modern advancement that associations ought to think about the thought of social obligation. Associations that are near to social obligation issues got toRead MoreCorporate Social Responsibility : Corporate Responsibility2819 Words   |  12 PagesIntroduction For the past years, corporate social responsibility also referred, as corporate conscience has been a respected subject for discussion. Corporate social responsibility, unquestionably, contains more viewpoint than simply worried about the ecological impacts of associations. It came in people groups mind at the later 1880, time of essential modern advancement that associations ought to think about the thought of social obligation. Associations that are near to social obligation issues got toRead MoreCorporate Social Responsibility : Corporate Responsibility2818 Words   |  12 PagesFor the past years, corporate social responsibility also referred, as corporate conscience has been a respected subject for discussion. Corporate social responsibility, unquestionably, contains more viewpoint than simply worried about the ecological impacts of associations. It came in people groups mind at the later 1880, time of essential modern advancement that associations ought to think about the thou ght of social obligation. Associations that are near to social obligation issues got to be worryRead MoreCorporate Responsibility And Corporate Social Responsibility Essay1867 Words   |  8 PagesStevan Jakovljevic Professor Laud MGT 3550 Values, Ethics and Sustainability 10/18/16 Chapter 3: Define corporate responsibility (CSR). Describe the benefits. Why do some executives support CSR while others find it troublesome and argue against it? Corporate social responsibility is what a company uses to self-regulate itself and refers to business practices involving initiatives that benefit society. 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So what is the Corporate Social Responsibility?The World Business Council for Sustainable Development in its publication â€Å"Making Good Business Sense† by Lord Holme and Richard Watts, used the following definition Corporate SocialRead MoreCorporate Social Responsibility1030 Words   |  4 Pages Corporate social responsibility (CSR), also called corporate conscience, corporate citizenship, social performance, or sustainable responsible business/corporate social responsibility) is an enterprise self-discipline is integrated into a business model. CSR policy functions as a built-in automatic adjustment mechanism, make enterprise monitoring, ensuring effective comply with the law, moral and spiritual international norms. 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The ideas of Corporate Social Responsibility and Corporate Citizenship are spreading faster than ever before and become one of the hottest business models in the recent decades. â€Å"Corporate Social Responsibility (CSR)† is defined as â€Å"the commitment of business to contribute to sustainable economic development, working with employees, their families, the local community