100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Summary Chapter 7: Corporate Social Responsibility: The Concept CA$8.42
Add to cart
Quickly navigate to
Preview
  2.  
  3. Capilano University (CapU )
  4.  
  5. Business Administration
  6.  
  7. BADM 460 (BADM460)

Summary

Summary Chapter 7: Corporate Social Responsibility: The Concept
 102 views  0 purchase

Summary of Chapter 7: Corporate Social Responsibility: The Concept Objectives: 1. Describe corporate social responsibility (CSR). 2. Debate the pros and cons of corporate social responsibility in Canadian business. 3. Appreciate the various foundations of social responsibility theories. 4. Exp...

[Show more]

Preview 1 out of 5  pages

Document information

  • No
  • Chapter 7: corporate social responsibility: the concept
  • October 10, 2019
  • 5
  • 2019/2020
  • Summary

Subjects

Connected book

book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:

More summaries for

All for this textbook (8)

Written for

All documents for this subject (2)

Seller

avatar-seller
kimkasirer

Content preview

Ch 7: Corporate Social Responsibility

- Describe CSR
- Debate the pros & cons of CSR in Canadian business
- Appreciate the various foundations of social responsibility theories
- Explain Carroll’s pyramid of CSR
- Define the 4 contemporary CSR concepts: CS, reputation management, social impact
management, triple bottom line
- Describe corporate & business citizenship
- Explain the complexity of CSR by understanding a unifying CSR framework

Describing CSR

- CSR has had many definitions to date – one is the way a corporation achieves balance
among its economic, social & environmental responsibilities in its operations to address
shareholder & other stakeholder expectations
- Known by many names, including corporate responsibility, corporate accountability,
corporate ethics, corporate citizenship, sustainability, stewardship & the triple-E bottom
line (economical, ethical, environmental)
- Is a general management concern/important to all aspects of business
- Is integrated into a corporation’s operations through its values, culture, decision
making, strategy & reporting mechanisms
- The responsibility of an organization for the impacts of its decisions & activities on
society & the environment, through transparent & ethical behaviour that:
- Contributes to sustainable development, including health & the welfare of society
- Takes into account the expectations of stakeholders
- Is in compliance with applicable law & consistent with international norms of
behaviour
- Is integrated throughout the organization & practiced in its relationships
- 5 key elements:
1. Responsibilities that go beyond production of goods/services at a profit
2. Helping to solve important social problems, especially those they helped create
3. Broader constituency than shareholders alone
4. Impacts that go beyond simple marketplace transactions
5. Wider range of human values than can be captured by sole focus on economic values
- 5 dimensions:
1. Environmental – natural environment
2. Social – relationship between business & society
3. Economic – socio-economic & financial aspects
4. Stakeholder – stakeholders & stakeholder groups
5. Voluntariness – actions not prescribed by law
- 3 roles:
1. Institution in society

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller kimkasirer. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$8.42. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

50155 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
CA$8.42
  • (0)
Add to cart
Added