implementation within their organization by presence CSR activities and from the internal survey conducted, two-thirds of BT employees said CSR Week help to participate them with the company and the same time help to expand the attraction, maintenance, motivation and engagement. (Personnel Today “Green scheme with staff retention”. 2008)
7 | P a g e For the time being, many studies have defined the advantages of CSR in the areas like corporate image, increase marketplace, expand profits and the other important field. Company engaging CSR helps to keep up employee self-confidence and to appeal and maintain talented employees in the company. Employees feel self of belonging and of course proud of themselves when working for well-known and well famous company which CSR involvement is one of the reasons. The ethical obligation - organization should be socially and ethically accountable because responsible actions are one of the business ethics. Previous studies, researchers have debated how institutional drivers, such as political, economic, educational, labor-related and cultural systems motivate and force the practice of CSR. Today, in a recent work found out that organizational leaders play the most significant part to encourage CSR. Many researchers stated that leadership behaviors strongly support and inspire employee’s attitudes toward CSR and its successful practice. Conclusion Undertaking socially accountable initiatives are truly a win- win condition. It’s not only making a business appeal to socially aware consumers and employees, but it makes a real difference to the world. Organizations involve seriously in welfare actions indeed producing promising results to not only business but the society as well. So supporting CSR will be the best choice for the society and our environment.
8 | P a g e References: 1. Shuqin, W. (2014). On the Relationship between CSR and Profit. Journal of International Business Ethics, 7(1), 51-57. 2. Kiran, R., & Sharma, A. (2011). CORPORATE SOCIAL RESPONSIBILITY: A CORPORATE STRATEGY FOR NEW BUSINESS OPPORTUNITIES. Journal of International Business Ethics, 4(1), 10-17. 3. Defoe, D. (2019). Arguments for and Against Corporate Social Responsibility. [online] ToughNickel. Available at: - Corporate-Social-Responsibility 4. Ohio University. (2019). Why Corporate Social Responsibility is Important for Today’s Society | Ohio University. [online] Available at: - corporate-social-responsibility-matters-in-todays-society/ 5. Media, W. (2019). Arguments for CSR: Economic Argument . [online] Pagecentertraining.psu.edu. Available at: - ethics/corporate-social-responsibility/lesson-1-what-is-csr-two-opposing-views/arguments-for-csr- economic-argument/
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- Fall '16
- Business Ethics, Corporate social responsibility