In recent years CSR has become a fundamental business practice and has gained much consideration from chief executives, chairmen, boards of directors and management teams of larger international and national companies. They understand that a strong CSR program is an essential aspect in achieving good business practices and successful leadership. Companies have determined that their impact on the economic, social and environmental backdrop directly affects their relationships with stakeholders, in particular investors, employees, customers, business partners, governments and communities. CSR encourages a vision of business accountability to a wide range of stakeholders, as well shareholders and investors. The key areas of apprehension in CSR are environmental protection and the well-being of employees, community and civil society in general, both now and in the future.
Corporate Social Responsibility Tesla Motors Inc., Patagonia Inc., & General Mills Inc. Brendan J. Bowers Konstantina Karatzoudi Rhoda Williams – Moore MET AD 655: International Business, Economics and Cultures Professor Jung Wan Lee December 12, 2016 1. Introduction Corporate social responsibility (CSR) is rapidly becoming a factor that companies must consider in order to remain relevant and favoured in the eyes of their consumers. This is more so important on international scene where MNCs are expected to embrace this model. Corporate social responsibility can be defined as the business approach that contributes to sustainable development by delivering economic, social and environmental benefits for all stakeholders.
Corporate Leadership: A Review of Conventional Theories of Leadership Prof. Dr. Satya Subrahmanyam Head and Managing Partner Vignan Institute of Technology and Management Berhampur, Odisha, India email@example.com Abstract This research article was motivated by the premise that no corporate grows further without effective corporate leaders. The purpose of this theoretical debate is to examine the wider context of corporate leadership theories and its effectiveness towards improving corporate leadership in the corporate world. Evolution of corporate leadership theories is a comprehensive study of leadership trends over the years and in various contexts and theoretical foundations. This research article presents the history of dominant corporate
To highlight his viewpoint, he emphasized that large corporations (such as Intel, Wal-Mart, Xerox, Ford, Nike, and Harley-Davidson) have supported spirituality in their work environments. Spirituality in general, and at workplace in particular, has become an important tool
Indian companies have started paying increased attention to sustainability issues and large companies have started establishing a clear link between sustainability and risk management, while conducting their everyday business. This is very much evident from the fact that, about 80 Indian companies in the year 2012 were doing sustainability reporting using the framework developed by the Global Reporting Initiative (GRI) whereas, the number was about just 34 in 2011, indicating that more and more companies are recognizing the value of such reporting. Incorporating sustainability standards as part of internal audit; effectively communicating sustainability development successes, policies; using partnerships between government, businesses and civil society; can be few policies to boost up the corporate sustainability culture in India and move towards actual implementation with real
Procter and Gamble established in India in 1964 and serves more than 650 million consumers in India. P&G is committed to sustainable growth in India and is currently invested in the country via its 5 plants and 9 contract manufacturing sites, as well as through the 26,000 jobs it creates directly and indirectly. Their sustainability efforts focus on Environmental Protection as well as Social responsibility to help develop the communities they operate in. P&G has always followed the motto of making every day better for the people and the planet through their innovation and they have been reporting their sustainability decisions from the past 15 years. The company believes that good governance practices contribute to better results for the shareholders and thus everything they do, they do