Corporate Social Responsibility Issues in Business and Law Essay

Corporate Social Responsibility Issues in Business and Law - Essay Example Center of discussion in this paper is the concept of corporate social responsibility or CSR that can be understood in the sense of companies voluntarily incorporating their social and environmental considerations in their activities and in their interactions with their stakeholders. CSR therefore involves ethical and moral considerations impacting on the corporate decision-making processes and behaviours. The discussion on CSR expanded from its original definition, utilizing the practice of CSR as a base point or a building block from which other similar concepts can be drawn. Wood pointed out that CSR needs to be established in a bigger context, with the highlight made on the outcomes of one’s performance. Swanson and Crane suggested that any establishment may be motivated to comply with CSR based on the utilitarian perspective where CSR is used as a means of gaining performance objectives. They may also be motivated to comply with CSR based on the negative duty approach wher e compliance is made due to socially prescribed initiatives. Finally, the motivation may also be based on the positive duty view. In the positive duty view, businesses are self-motivated to comply with their corporate social responsibilities regardless of the pressure from society or from the government authorities. There are also different processes which are being considered by businesses in complying with their CSR, and these processes include environmental, issues, and stakeholder management. As these processes are being implemented in the organization, they help the business comply with their CSR and with the demands of the stakeholders7. The responsibility of businesses to general society has been a major source of debate throughout the years. Issues in its implementation include the fact that CSR has long been a contested policy as questions on its benefits have been raised consistently8. Various issues on the definition and coverage of the CSR have also been raised. Its cove rage has spanned a wide range of considerations throughout the years with its concerns on the environment, on human rights considerations, and on the fair treatment of the consuming public. Regardless of these issues, the concept of CSR is founded on the socio-political and economic concept of transparency, as well as sensitivity to the consequences of corporate actions9. The increased scrutiny and frequent changes in CSR policies are all part of the current trend towards making CSR more responsive to the needs of the people, the stakeholders, and the environment. Amidst growing concerns for environmental and cultural concerns, CSR policies are also being adjusted and conceptualized, giving the concerned individuals or groups the chance to make better business choices. In relation to banks, their decisions and policies in relation to CSR have been slow in coming even when their overall impact on the economy has always been considered significant10. The initial consideration of banks as

Education Reforms - Key Factors Institution Should Consider When Explo Assignment

Education Reforms - Key Factors Institution Should Consider When Exploring a Change in Divisions - Assignment Example The third factor is ethnic and gender issues. The fourth factor is the financial influence. Other factors include knowing athletes at the university, ethnic/gender ratio at the university, knowing someone on the team, and the number of alumni in professional sports. These factors include the academic performance of the athlete, classroom attendance, and participation, presence of computer labs and library use. For an athlete to move from NCAA Division II to NCAA Division he or she must display a history of more than an average academic performance for a division I team to allow any student to join them. Chances are that a student who is an athlete and performs in class is more likely to get a chance to join a Division I institution. Academic also involve the use of both the library and computer lab. A student who has some knowledge of how to operate computers is also considered because of digital technology being used in the sports industry (Hawkins, 2010). These factors influence the sociological aspect of students who are sportspeople to move from Division II to Division I. Higher education institution must consider the social environment at the university, social atmosphere of the team, campus and the personality of the coach. Social environment includes all the factors that relate to students interacting with other students, team unity and discipline of the student (Einhorn & Rapoport, 2005). A disciplined student is able to differentiate wrong from wright and at the same time advises the colleagues positively both academic wise and in sports. The personality of the coach is also considered. A good example is how public schools use sports to socialize and demonstrate the significance of the schools to the community (Guthrie, 2003). Higher education institution must consider the extent to which the media displays the team. A good team is that which has few media scandals relating to its players.  Ã‚