Scribd Logo
Upload

Welcome to Scribd!

  • 33 views

    Corporate Social Responsibility (CSR) : Presented by

    Uploaded by

    Ayesha Khan
    This document discusses the concepts of corporate social responsibility (CSR) and business ethics. It defines CSR as a company's responsibility to contribute to society and the environment. The document outlines two views of social responsibility - the classical view that a company's only goal is profit maximization, and the socioeconomic view that companies have broader responsibilities to society. It categorizes CSR responsibilities as economic, social, and environmental. The document also discusses the importance of business ethics, comparing it to CSR, and provides strategies for companies to improve their ethical practices and behaviors.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Corporate Social Responsibility (CSR) : Presented by

    Uploaded by

    Ayesha Khan
    33 views19 pages
    This document discusses the concepts of corporate social responsibility (CSR) and business ethics. It defines CSR as a company's responsibility to contribute to society and the environment. The document outlines two views of social responsibility - the classical view that a company's only goal is profit maximization, and the socioeconomic view that companies have broader responsibilities to society. It categorizes CSR responsibilities as economic, social, and environmental. The document also discusses the importance of business ethics, comparing it to CSR, and provides strategies for companies to improve their ethical practices and behaviors.

    Original Description:

    PPT

    Original Title

    CSR

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document discusses the concepts of corporate social responsibility (CSR) and business ethics. It defines CSR as a company's responsibility to contribute to society and the environment. The document outlines two views of social responsibility - the classical view that a company's only goal is profit maximization, and the socioeconomic view that companies have broader responsibilities to society. It categorizes CSR responsibilities as economic, social, and environmental. The document also discusses the importance of business ethics, comparing it to CSR, and provides strategies for companies to improve their ethical practices and behaviors.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    33 views19 pages

    Corporate Social Responsibility (CSR) : Presented by

    Uploaded by

    Ayesha Khan
    This document discusses the concepts of corporate social responsibility (CSR) and business ethics. It defines CSR as a company's responsibility to contribute to society and the environment. The document outlines two views of social responsibility - the classical view that a company's only goal is profit maximization, and the socioeconomic view that companies have broader responsibilities to society. It categorizes CSR responsibilities as economic, social, and environmental. The document also discusses the importance of business ethics, comparing it to CSR, and provides strategies for companies to improve their ethical practices and behaviors.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    You are on page 1of 19

    Corporate Social Responsibility (CSR)

    Presented By:
    Uzma Naseem

    What is
    CSR?
    CSR is the responsibility of corporation to
    contribute to better society and cleaner
    environment
    It is about how companies manage the business
    processes to produce an overall positive impact on
    society
    The most simplest definition is:
    HOW ACOMPANY BEHAVES TOWARDS
    SOCIETY

    Two Contrast Views of Social Responsibility


    1.The Classical View
    2.The Socioeconomic View

    The Classical View:


    The classical view holds that management s
    only social responsibility is to maximize profit

    The Socioeconomic
    ItView:
    is the view that management's social
    responsibility goes beyond making profit to
    include protecting and improving societys
    welfare

    Categories of CSR
    1. Economic Responsibility (Profit)
    2. Social Responsibility (People)
    3. Environment Responsibility (Planet)

    Concept of Greening Management


    The recognition of the close link
    between
    an
    organizations
    decision s and activities and its
    impact on natural environment is
    referred as Green Management.
    It is concern with companies
    embracing
    environmental
    protection as
    a part of their
    competitive strategies

    Global Environmental Issues


    Managers are facing following
    global environmental
    problem;
    Pollution (Air , water, soil)
    Toxic waste
    Global warming
    Natural resources
    reduction

    Reasons behind these Environmental


    Issues
    1.Global Warming
    2.Ozone layer Reduction
    3.Cutting forests
    4.Air Pollution
    5.Water Pollution
    6.Soil pollution

    Approaches of being
    Green
    Legal Approach (Light green)
    Market Approach
    Stakeholder Approach
    Activist Approach (dark
    green)

    Approaches of being Green


    Legal Approach (light Green )
    Firm simply do what is legally required by
    obeying laws, rules and regulations willingly
    and without legal challenge.

    Market Approach
    Firms respond to the preferences of their
    customers for environmentally friendly
    product

    Stakeholder Approach

    Contd.
    ..

    Firm work to meet the environmental demands


    of multiple stakeholders employee, suppliers
    and the community

    Activist Approach
    Firm look for ways to respect and preserve
    environment and actively socially responsible

    Benefits of CSR
    Increased employee loyalty and
    retention
    Increased quality of product &
    services
    Increased customer loyalty
    Increased reputation and brand
    image
    Greater productivity & quality
    Produce safely and decreased
    liability

    Managerial Ethics
    The term ethics refers to rules and
    principles that define right and wrong
    conduct
    Or
    Knowing

    the difference between right and


    wrong thing

    Is CSR and Business Ethics same?


    There are good things for society that are not good for business and
    this is where social responsibility comes in.
    There are good things in business that are not good for society and
    this is where business ethics comes in.

    Four Views of Ethics


    The Utilitarian view
    he Rights view
    The theory of justice
    view
    The integrative social
    Contrast theory

    Effective Use of a Code of Ethics


    Develop a code of ethics as a
    guide in handling ethical dilemmas
    in decision making
    Communicate the code regularly
    to all employees
    Publically reprimand & consistently
    discipline those who break the code

    How Manager can Improve Ethical


    Behavior in an Organization
    Hire individuals with high standards
    Establish codes of ethics and
    decision rules
    Lead by example
    Provide ethics training
    Conduct social audits
    Provide support for individual
    facing ethical dilemmas

    Organizations who was rated most


    Ethical Companies
    ALCOA:
    General Electric Corporations
    Coca-Cola

    Thank You

    You might also like