A takeout from the 2008 crisis is that businesses must create ‘shared value’ for all stakeholders In the West, there is a growing realisation that the role of corporations in society is not just to focus on shareholder wealth maximisation. Academics such as Roger Martin, from the University of Toronto, have argued post the financial …
Indian companies have a mandatory two percent spending on Corporate Social Responsibility (CSR) which was improving their standings globally. But there was a need to do more work. Indian companies need to improve on their Corporate Social Responsibility disclosure to attract more foreign investments, an Indian-origin business leader said.
Women less likely to join a company with a bad reputation According to the annual corporate reputation survey, if unemployed, 86 percent of American females said they would not join a company with a bad reputation, compared to only 67 percent of American males.These results indicate how important a good reputation is for a company. …
Corporate Reputation Affects Talent Acquisition – Survey Report Read More »
The basic philosophy of Corporate Social Responsibility for an organization has to be “enlightened self-interest”. In an age of rapid and pervasive globalization, modern organizations are struggling hard to survive and grow in a rapidly changing business scenario fraught with uncertainty, recession and turbulence. When the profit motive appears to be the dominant drive …
Businesses are more concerned about the impact on their brand than actually doing good. For many businesses, corporate social responsibility (CSR) has become a series of meaningless buzzwords, like ‘caring’, ‘sharing’, and ‘authentic,’ lamented Matthew Taylor in a recent column for MT. New research suggests he might have a point.
