“Money has no utility to me beyond a certain point. Its utility is entirely in building an organization and getting the resources out to the poorest in the world” (Bill Gates, 2008). Bill Gates is the Co-Founder of the Microsoft Co-operation and he is one of the world richest person ever. For the statement that was mentioned, it is clearly stated that he is a professional financial manager and hardworking man too. Bill Gate says that he only has his children’s best interests at heart, wanting them to develop their own lives and not rely on his wealth.
As a society, we are losing touch with the value of community and its role in a happy society. While collectivism is not without historical follies, being part of a positive community has changed my outlook on life. In 2013 I attended my first quidditch practice and for the first time in my life, I understood the desire to be part of a community. Over the years I have been part of a variety of organizations, but I never felt a true sense of belonging. The quidditch community accepts me for who I am and influences me to become a better person.
Since our world has come to economic era, there were many new businesses which were established. Some of these new businesses only concentrate on gaining profits without sustainability. They did not concern about their business managements which can damage environment. Moreover, there was no environmental movement which help to protect our environment. Therefore, in the middle of the 1990s, John Elkington created a framework, which called the triple bottom line (TBL), in order to measure social, environmental and financial ability of companies over a prolonged duration of time (The Economist, 2009).
Abratt, R., & Kleyn, N. (2012). Corporate identity, corporate branding and corporate reputations reconciliation and integration. European Journal of Marketing, 46(7-8), 1048-1063. doi:10.1108/03090561211230197 Discuss the organizations elements that make up the corporate identity. Evaluate the cause of exploited opportunities and mitigate threats, which lead to the company’s reputation and over a period of time. Strong company image is difficult to imitate by owning skills and specific to evaluate corporate brands and reputations.
The situation of corporate social responsibility in general in China By Yateng Zhang International business management II ERASMUS student from University of Montpellier2 Table of content Introduction – The corporate social responsibility in China Chapter 1 – The issue of report about corporate social responsibility from the Chinese enterprises Chapter 2 – Research center for corporate social responsibility of Chinese Academy of Social Science Chapter 3 – Top 10 corporate social responsibility trends in China Introduction – The corporate social responsibility in China Corporate social responsibility, we could call it also the corporate citizenship, corporate conscience or responsible business. The corporate social responsibility is a form of corporate self regulation that will be used in the enterprises as a business model. The corporate social responsibility policy should ensure its active compliance with the law, the ethical standards and the international norms The corporate social responsibility aims to add the social responsibilities in business actions. It could have a positive impact on stakeholders, consumers, employees, investors, communities, environment and so on. When we talk about the corporate
Remember South Africa is still a developing country. Dr Nico Cloete of the Centre for Higher Education and Training (CHET) said” What is easy and ethical is free higher learning for the very poor, those who get R120 000 per year or less”. Free education for all must not be approved to wealthy students. At least those who can manage to pay their fees and those who are allowed/qualify to apply for loans, should contribute to the costs of higher education along people who pay tax. ▷ Government can afford free
(accessed 20-09-2015) Pogue.TE.2008.A sectorial analysis of wood, paper, pulp industries in south Africa. [Online].Available:http://www.lmip.org.za/sites/default/files/documentfiles/Wood,%20paper,%20pulpsa.pdf (accessed 21-09-2015) Statistics South Africa.2014. [Oline].Available:http://www.beta2.statssa.gov.za/publications/P30412/P30412February2014.pdf (accessed 21-09-2015) Kganyago,L.2012. Speech Lesetja Kganyago-South African Reserve Bank. [Online].Available:https://www.resbank.co.za/Lists/.../Speech_Lesetja%20Kganyago.pdf (accessed 21-09-2015) Annual report.2009.
Sanlam Ltd has embraced the doctrine of corporate social responsibility after the publication of the King II Report on Corporate Governance in 2002, in South Africa. Commonly described as the Triple Bottom Line, Corporate social responsibility (CSR) is a business process which encourages businesses or companies to deviate a little from the shareholders maximization objective so that the needs and interests of the populations and environment where they exist and operate could well be catered for to be seen as successful and sustainable. 2.0 Corporate Social Responsibility at Sanlam Upon the introduction of corporate social responsibility Sanlam created the Corporate Social Investment Program to oversee and implement its policy in this domain. The CSI objectives are threefold: to invest meaningfully in
Warutere (2013) conducted a study on the applicability of logistic regression in financial distress prediction in Nairobi security exchange. The study was conducted on sixteen companies between the ranges 1997-2011. The findings revealed that logit regression was successful in prediction of business failure one year before it occurred. The study relied on secondary data obtained from CMA and NSE. The study should have factored in other factors that cause financial distress in the regression model so as to make it more reliable such as corporate
Carroll (1991) classifies CSR into four dimensions which make up the four layers of a CSR pyramid. This study adopts the four dimensions developed by Carroll, namely economic responsibility, legal responsibility, ethical responsibility, and philanthropic responsibility, and uses them to measure the consumers’ perception of CSR. CSR in Indian Context India is the first country in the world to mandate Corporate Social Responsibility (CSR) spending, through a statutory provision under the Companies Law 2013 and expects an annual spending of around INR 30,000 Cr by India Inc. This will ensure a gradual shift from the traditional charity model to a more strategic CSR model that fits in with the long term objectives of the company. Still the practice or disclosures of CSR initiatives are very few among the companies operated in India.