Corporate Social Responsibility (CSR) policy should be promoted

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Progress: OverviewOverviewOverviewsuicidal to businessgovernment controlsstrengthens conventional viewsocially responsible company cares about communityenterprises' decisionsCSR policy is a social trendscustomers' sensitivityincreasing social awarenessinvestment's considerationas full partners in communitylinkage between CSP & CFPlinkage between CSP & CFPhappy stakeholders = profitsStakeholder-agency theory IIorganizational reputationpositive firm's imagepreserves genuine culturefacilitates overseas businessjustifies profitsdistinction from other firmsincreases financial outcomeaids recruitmentimproves employees' goodwillimproves atmosphereattracts better employeesemployees' increasing interestinternal advantagesfirm's preparednessmanagerial developmentmanagerial competenciespreventive effortsStakeholder-agency theory Ievades interferencespersuades governmentassess to capitalrelationship with bankersconsequential problemsinternal conflictsreduces stockholders' profitsfails to discharge social tasklacks necessary abilitiesprinciple political problemcriteria of executiverule of corporate lawtransformation of rolescriteria of civil servantsproblem of justificationrestricts human libertycommunitarianismCSR is an oxymoronno sustainable developmentdepletion of resourcestechnology advancementthe term is just a maskbusiness's responsibilitydishonestyprudential strategypotential comparative advantage can be...

Overview

Corporate Social Responsibility (CSR) policy should be promoted:


Overview

Corporate Social Responsibility (CSR) policy should be promoted:


Overview

Corporate Social Responsibility (CSR) policy should be promoted:


suicidal to business

CSR policy is a suicidal act to business (Support:   +72.58%):


government controls

CSR policy will lead to the extension of government control over the market which will slowly suffocate it (Support:   +50%):


strengthens conventional view

strengthens conventional view

socially responsible company cares about community

socially responsible company cares about community

enterprises' decisions

Decision made by enterprises, should focus also on social, environmental aspects apart from economic factors (Support:   +56.17%):


CSR policy is a social trends

There are trends which exert pressure on companies to operate in an economically, socially and environmentally sustainable way (Support:   +62.33%):


customers' sensitivity

customers' sensitivity

increasing social awareness

increasing social awareness

investment's consideration

investment's consideration

as full partners in community

as full partners in community

linkage between CSP & CFP

Positive correlation exists between corporate social/environmental performance (CSP) and corporate financial performance (CFP) (Support:   +51.15%):


linkage between CSP & CFP

Positive correlation exists between corporate social/environmental performance (CSP) and corporate financial performance (CFP) (Support:   +51.15%):


happy stakeholders = profits

happy stakeholders = profits

Stakeholder-agency theory II

Stakeholder-agency theory II

organizational reputation

CSP results in positive external effects on organizational reputation (Support:   +43.85%):


positive firm's image

positive firm's image

preserves genuine culture

preserves genuine culture

facilitates overseas business

facilitates overseas business

justifies profits

justifies profits

distinction from other firms

distinction from other firms

increases financial outcome

CSP increases financial outcome (Support:   +41.13%):


aids recruitment

CSR policy is an important aid to recruitment and retention, especially within the competitive graduate student market (Support:   +41.13%):


improves employees' goodwill

CSP helps to improve current employees’ goodwill (Support:   +50%):


improves atmosphere

improves atmosphere

attracts better employees

CSP helps to attract better employees (Support:   +32.26%):


employees' increasing interest

employees' increasing interest

internal advantages

Internally, investments in CSP help firms develop new competencies, resources and capabilities, leading to more efficient utilization of resources (Support:   +38.11%):


firm's preparedness

CSP increases an organization’s preparedness for external changes, turbulence and crises (Support:   +33.07%):


managerial development

managerial development

managerial competencies

CSP helps build managerial competencies (Support:   +22.58%):


preventive efforts

preventive efforts

Stakeholder-agency theory I

Stakeholder-agency theory I

evades interferences

CSR policy helps to evade a firm from interferences, such as taxation or regulation in its business which it is keen to avoid (Support:   +36.29%):


persuades government

persuades government

assess to capital

CSP facilitates a firm’s assess to capital (Support:   +25.81%):


relationship with bankers

relationship with bankers

consequential problems

CSR policy leads to many problems on the level of consequences (Support:   +49.6%):


internal conflicts

CSR policy will lead to conflict between the corporate executive and the stockholders (Support:   +75.81%):


reduces stockholders' profits

reduces stockholders' profits

fails to discharge social task

The corporate executive cannot in fact discharge his/her alleged social responsibility (Support:   +35.48%):


lacks necessary abilities

lacks necessary abilities

principle political problem

CSR policy leads to political problem on the level of principle (Support:   +42.71%):


criteria of executive

The corporate executive is selected by the stockholders so far he serves the interests of his principal (Support:   +62%):


rule of corporate law

rule of corporate law

transformation of roles

It is principally intolerable for anyone to utilize his corporation’s resource for social welfare, which in effect he/she become (Support:   +38.71%):


criteria of civil servants

criteria of civil servants

problem of justification

problem of justification

restricts human liberty

CSR policy would extend the scope of the political mechanism to every human activity and result in shrinking of human liberty (Support:   +36.29%):


communitarianism

communitarianism

CSR is an oxymoron

CSR is an oxymoron (Support:   +33.77%):


no sustainable development

Economic policies based around concepts of growth and continued depletion of resources cannot be sustainable (Support:   +46.38%):


depletion of resources

depletion of resources

technology advancement

technology advancement

the term is just a mask

the term is just a mask

business's responsibility

business's responsibility

dishonesty

CSR policy is dishonest (Support:   +12.1%):


prudential strategy

prudential strategy

potential comparative advantage can be...

potential comparative advantage can be...

The End

The End