Sweatshop

CSR in Action? Why does McDonalds advertise its travelling bag of the Olympics, its environmental protection activities,in the bags? Because some of these advertisements gives the impression to consumers that they argon a good supportive company The company is elicit in attracting more long-term customers By drawing away from the detail that thither food is not healthy they coiffe the help on something else The company is trying to enhance there securities industry of bodied laws CSR: The kind tariff of corporations to enhance lodges public assistance OBJECTIVES 1.Introduction 2.Two views of CSR: a.Shareholder View Maximizing shareholder economic value in the long run enhances nines welfare Problems with Shareholder View of CSR Examples: Bhopal disaster, NIKE, Torontos sweatshops b.Stakeholder View hard considerations should be given to stakeholders interest (employees, consumers, local communities) in devising cor porate governance decisions Multi-fiduciary duties, shareholder activism, transparency & public handicraft (internal governance strategies) Does this work? Consider sweatshops in Toronto 3.

Conclusion SHAREHOLDER take care OF CSR Maximizing shareholder value/profits ultimately enhances societys welfare Instrumental View of CSR Friedman (1970), Jensen (2000) Social responsibility of corporations is to maximise profits or shareholder value indoors the constraints of law and social morality Society benefits from profit objectives of corporations: problem creation, Supply of high quality, clinical depression price goods and work Technolog! ical innovation Taxes and Public Funding for Public serve up near STRATEGIES OF SHAREHOLDER VIEW OF CSR Strategies for competitive advantages Social enthronisation to name competitive advantage (philanthropic investment in areas link up to business e.g. telecom teaches computer to students from local communities) The sponsor concerts provided that...If you necessitate to repulse a full essay, order it on our website: BestEssayCheap.com

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