Relationship between corporate citizenship and social responsibility. The corporate: Citizenship versus social responsibility 2022-10-13
Relationship between corporate citizenship and social responsibility Rating:
Greek mythology is filled with fascinating tales of gods, goddesses, and mythical creatures. One of the most well-known and intriguing stories is that of Athena and Medusa.
Athena is the goddess of wisdom, war, and crafts, and is often depicted wearing a helmet and carrying a shield and spear. She is the daughter of Zeus and Metis, and was born fully grown and armored from the head of her father. Athena is known for her intelligence, bravery, and strategic thinking, and is often depicted as a protector of the city of Athens.
Medusa, on the other hand, is a monstrous woman with snakes for hair and the ability to turn anyone who looked directly at her into stone. She is often depicted as a victim, as the story goes that she was once a beautiful woman who was punished by the goddess Athena for being raped in a temple dedicated to the goddess. In punishment, Athena transformed Medusa's hair into snakes and cursed her with the ability to turn anyone who looked at her into stone.
Despite their differences, Athena and Medusa are connected through their association with the city of Athens. Athena is revered as the protector of the city, while Medusa is said to have once lived in Athens and was worshipped as a guardian of the city's gates.
The story of Athena and Medusa is a complex one, with themes of jealousy, betrayal, and the consequences of actions. Athena's punishment of Medusa, while perhaps justified in the context of the story, also highlights the danger of using one's power to harm others. On the other hand, Medusa's story serves as a cautionary tale about the dangers of unwanted advances and the importance of consent.
Overall, the story of Athena and Medusa is a classic example of the rich mythology and storytelling of the ancient Greeks, and continues to be a source of inspiration and fascination for people today.
Relationships Between Corporate Social Responsibility and Strategic Planning
In the same manner, this study would look into the importance of corporate social responsibility, being a legitimating activity for the organization in the society to their businesses. The focus group discussion of qualitative analysis was utilized, offering the proponent the opportunity to follow up and clarify certain facets of the research to the researchers and to the peers of the research group. The Rallying top-down and bottom-up support for CSR initiatives with GBB GBB is an online platform where businesses can track their environment and social performance. Governments need to come in as umpires between corporations and societies. Compares the motivations for corporate social responsibility and corporate social performance and examines the social audit. The result is that the two, people and corporations, are left to fight out for survival.
For the CSR to be integrated in the business strategy it is required to rethink the mission, vision, completion of the organizations strategies in the spirit of CSR. Examples include deforestation and burning fossil fuels. For a company to become an outstanding corporate citizen, it has to have stable corporate governance. The cross-sectional analysis suggests that the risk-adjusted returns are not significantly related to the size, age or ethical status of the fund. Building good relations is crucial, through engagement and dialogue. For Waddock 2004, p. Such challenges include creating a diverse and equal workforce, human rights and Benefit 1: CSR presents new business opportunity Responding to the social challenges and risks of the modern world can open up new opportunities for businesses in emerging markets.
Corporate Social Responsibility and Sustainability: What’s the Difference?
Concerning the country of observation, there seems to be a difference in empirical results obtained in the U. An example would be investing in employee working conditions to enhance productivity. The 2013 Dhaka garment factory collapse gives a heartbreaking and chilling reminder of this fact. Offers quality products and services. Conceptual research is mostly used by philosophers as it involves abstract and development of ideas from scratch or formulation of a hypothesis, while empirical research is experience or observation based and doesnt follow theories or rules. Resource based theories of competitive advantage: A ten-year retrospective on the resource-based view. Journal of Management Studies, 43 1 , 1—18.
Contrast between corporate social responsibility and corporate citizenship
The rights of the corporation are guaranteed and protected but the problem is that the responsibilities remain unrestricted. Journal of Business Ethics, 15 12 , 1355—1363. Public Relations and Corporate Websites In the age where information technology has undergone a lot of advancements, the internet has surely become one of the most vital tools for organizational communication, as Sullivan 1999 clearly mentions. On the other hand, in the United States, the Business for Social Responsibility asserts the following: Over the past decade, a growing number of companies have recognized that the business benefits of corporate social responsibility CSR policies and practices. In the narrow view, Stenberg in 1998 described CG as ways of ensuring that corporate actions, assets, and agents are directed at achieving the corporate objectives established by the corporations shareholders. Social Responsibility : Kroger Company Social responsibility is an ethical framework which suggests that an organization or individual has an obligation to act for the benefit of society at large. Strives for a competitive return on investment.
Corporate Citizenship: What It Means, 5 Stages, and Examples
It is clear then that CSR has become more of a mandatory strategy than voluntary. Journal of Business Ethics, 50 1 , 33—44. It is therefore understandable that this role cannot be fulfilled through cosmetic and public relations gimmicks. Reclaimed farmland was then offered to landowners in exchange for new land for mining. Identifying CSR, specifically economic and ethical responsibility, as having the potential to increase brand equity, especially brand loyalty, may be valuable for B2B service firms and their marketing teams, who are focused on marketing efforts that will yield tangible results. Invests in the communities in which corporation operates. According to Holmstrom 2003 and Moreno 2004 , this is because public relations itself is considered to be a legitimating practice for the different organizations, as perceived by both the functionalist and poststructuralist perspectives.
Corporate Social Responsibility and Corporate Citizenship
Journal of Management Studies, 43 1 , 75—91. Engages in responsible human-resource management. We saw how Ambuja Cements initially used a theater two initiative, reducing water use from operations while simultaneously securing water stocks for drought-prone communities. Ad Principles of corporate citizenship Employees 12. This research sought to close gaps in the existing research by analyzing the seminal research on CSR and brand equity, focused on B2B service firms, using primary research. Relationships Between Corporate Social Responsibility and Strategic Planning. The issues of implementing a consistent set of universal hyper norms seem to be glossed in the literature.
The Relationship between Corporate Social Responsibility and Brand Equity within the Business
Because it has been rooted from the legal community, the CSR debate has been a point of debate in several academic disciplines, with little discussion occurring between and among them Radin, 1999. In the hospitality literature alone, numerous studies have examined its antecedents and outcomes, as evidenced by a large number of review papers on CSR published in major hospitality and tourism journals as compared with other topics such as finance and accounting, of which review papers are rare. It is now common to find terms such as corporate social responsibility, public responsibility, corporate social responsibilities, corporate social responsiveness, corporate social performance, corporate citizenship, business ethics, sustainable company, and triple bottom-line approach etc, sometimes used interchangeably. The Origins of Social Responsibility Details where and when the idea of social responsibility originated. A strategic approach corporate social responsibility. CSR is an instrument at the disposal of governments to enable corporations to play developmental roles.
Relationship Between Corporate Governance And Social Responsibility
Both these theater one and two actions later progressed into a theater three CSR enterprise. Corporate Lets start off with a summary of the role of corporate governance. Building corporate accountability: Emerging practices in social and ethical accounting and auditing. In order to integrate the sustainability dimension, the most important insights related to corporate governance systems from stakeholder and sustainable development theories Freeman, 1984; Gladwin et al. Instituto Ethos Reflexões, 6 14 , 1—28.
The corporate: Citizenship versus social responsibility
The infamous Dodd-Berle correspondence in the Harvard Law Review in 1931-32 is conventionally depicted as launching the academic-CSR debate Wells, n. The broader view relates the boards with every stakeholder, thus creating the overlap between CG and CSR since taking care of stakeholders and the environment is what CSR is about. Horváthovás meta-analysis of ecological studies warns that simple correlation coefficients generate more negative results when linking performance to ecological factors. Taking Friedman seriously: Maximizing profits and social performance. The planning process is aimed at fixing the objectives, strategies that are aimed at achieving these objectives and setting the timetable for the allocation of financial, material and human resources. Corporate strategies of responding to social and environmental concerns have led to array of codes of conduct on various issues which are not enforceable. The boundaries of corporate social responsibility.
Demonstrates a commitment to the environment. CSR has a multitude of strategic implications for an organization. A resource-based-view of the socially responsible firm: Stakeholder interdependence, ethical awareness, and issue responsiveness as strategic assets. Towards an understanding of corporate citizenship and how to influence it. Morale-boosting programs for employees and stakeholders also fall under CSR.