The decision to give to charity or develop a more sustainable product should not depend solely on a corporation’s bottom line, but it is certainly a factor. That can complicate the situation for managers who must balance between doing good and keeping shareholders happy, said Sachin Modi, an associate professor in Iowa State University’s …
Marketing Key to Return on Corporate Social Responsibility Investment Read More »
In line with the Year of the Giving, the Mohammed bin Rashid Al Maktoum Foundation (MBRF) has launched a “bundle of training programmes” on Wednesday to help public and private organisations in the UAE identify and implement the international best practices in corporate social responsibility (CSR). Called Qindeel (Arabic word for light) Educational Programmes, the …
Corporate social responsibility and sustainability are two concepts that have become increasingly popular in recent years. Activists, politicians, and business leaders use them, and corporate and government actions are partly judged according to them. But what exactly do these concepts mean? Are they compatible with efficient management in a free society? To what extent are …
How the terms ‘corporate social responsibility’ and ‘sustainability’ were twisted Read More »
Firms these days use various cards to attract consumers. Corporate Social Responsibility (CSR) activities are one of the popular cards these days. It refers to business practices involving initiative that benefits the society.
Social responsibility is an ethics theory that tries to balance the relationship between “good business” and “good for society” concepts. Corporate Social Responsibility or CSR has been defined by Lord Holme and Richard Watts in The World Business Council for Sustainable Development’s 2000 publication ‘Making Good Business Sense’ as “…the continuing commitment by business …
How do I know if my company is socially responsible? Read More »
