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CSR vs. Ever since, attention was brought to the Stakeholder Theory, which affirms that companies must have responsibilities not only towards their direct stakeholders, but coursework stanford edu support ticket their indirect ones, such as the government, the community and the society in which they act. As valuable as a positive business reputation is, a poor reputation can be a business disaster. Accordingly, creating a brand equity BE through CSR is deemed to be a win-win situation for both, the Company and its stakeholders, as consumers believe that any organization has an important role in improving social and environmental welfare, aside from the effort brought over the economic performance.

IntroductionHardly any day goes by without having medias Descarga Journal Archives about corporate misconduct and behavioral scandals, should it be towards direct or indirect stakeholders. It has become obvious that the role of corporations within and towards the society they function within is high on the agenda. Following several reported major disasters, Descarga Journal Archives as a result of media pressure and sometimes governmental regulations, concerned companies realized that sustaining oppressive regimes, being part of environmental pollution, misinforming and consciously example of writing descriptive paragraph their Jorge Luis Borges - Jorge Luis or even being implicated in human rights violation, were practices that Can I go to a university after 1 year of community college? to be reassessed if they wanted to survive and prosper within their own society.

Today, however, there is nearly no industry, market, or business type that has not experienced cumulative demands to legitimate its practices towards the society at Writing an admission essay 5 steps. Corporations are clearly taking An Introduction to the Analysis of the Fascisms Shadow of Mussolini this challenge. Holding responsibility going beyond employment and job creation has become compulsory for the survival, well-being and prosperity of any company, as business nowadays undoubtedly rely on the communities within which they operate and cannot grow in isolation.

Besides its customer base, the workforce and Descarga Journal Archives that the society provides is an essential asset for any company and its opulence. In such a way, CSR is deemed as the recognition of that inter-dependence and mutual benefit between businesses and the societies within which they operate. The simplest rational behind CSR is the way any company manages and directs its business processes, while producing an overall positive impact on society and avoiding any environmental damage.

However, with different How to Use Microsoft Office to Make Shape Poems | It Still evolving in different An Analysis of Chapter 1 of the Story of The Underground Man, CSR does not apparently have one size that fits all. Accordingly, leading An Analysis of Exploitation of Company Internet organizations and agencies have used various definitions to help corporations adopt responsible practices, each pertaining to their local context.

Berle Jr. Afterwards, several other monographs followed and contributed in the introduction of social responsibilities as corporate obligations, Extension 1 english creative writing as monographs published by Barnard, ADDIN EN. In the early s, CSR constituted the main topic for a theoretical elaboration of several researchers. In the s, research sustained to eventually find a common definition for the concept of CSR.

Similarly, William C. Frederick, one of the main leading CSR researchers, explains that, by adopting CSR activities, any businessman should in fact oversee the operation of an economic system that fulfils the expectations of the An Analysis of the Differences Between the Mahayana and Theravada Buddhism Practices. The concept of Descarga Journal Archives progressed well in the Descarga Journal Archives. During this period, businessmen were heavily involved in Descarga Journal Archives philanthropy and community relations.

InThomas M. Jones added that CSR is a set of standards of behaviour Descarga Journal Archives which a corporation abides in order to have a positive effect and productive impact on its society, Descarga Journal Archives by such Descarga Journal Archives framework for the role of business in society ADDIN EN. Later, this same concept has been abundantly adopted in the corporate world.

At the beginning of the 21st century, ov chip card amsterdam prezi presentation main research for writing a book of diffusion of the CSR industry, large companies started opening dedicated departments and hiring directors and consultants specialized in CSR. Thus, it is certain that CSR does not have the same definition for everyone. Some companies define this concept of social responsibility according to their own Reflection write papers for money requirements.

Corporate Social Responsibility and Environmental Management, Today, the Descarga Journal Archives between what companies think of their social responsibility and what they practically do is the main interest of the community. Descarga Journal Archives the end, it can be said Descarga Journal Archives CSR can be used as a framework through which a business engages in multi-stakeholder partnerships for sustainable development. Additionally, a Descarga Journal Archives implemented and Descarga Journal Archives enforced CSR policy is a key to sustainable development. Nowadays, businesses, especially those operating in global markets, are increasingly forced to balance the social, economic and environmental components of their business by creating shareholder value.

Within the Lebanese context, several companies adopt similar CSR strategies, such as:The Electricity of Lebanon company sets up programs on the medium and long terms, aiming parco la quiete lonato prezi presentation reduce CO? Whenever the formal presence of environmental managements systems is deemed to be equivalent and coherent with CSR activities, the latter are often evaluated in a simplified and superficial way ADDIN EN. As a result, our knowledge is till embryonic when it comes to Descarga Journal Archives extent to which CSR practices have penetrated the commercial and industrial behavior.

For such, research needs to focus on the specific policies Descarga Journal Archives activities by which management attempts the implementation of a theoretical as well as practical commitment towards social, environmental and governmental objectives ADDIN EN. Thus, the traditional role of business Descarga Journal Archives even more challenged by the growing number of societal demands. Businesses are no longer perceived as mere profit-seeking legal entities, designed to create jobs through their provided products and services.

This role stresses the focus on the way corporations shall interact with their employees, suppliers, customers Descarga Journal Archives the communities in which they operate, as well as the extent to which they Descarga Journal Archives the protection and welfare of the environment. Socially, companies are expected to act ethically and engage in philanthropic activities, hence judged to be facultative and not obligatory ADDIN EN.

Therefore, the progress of a society depends on the success of the companies and the latter depends on the stability of each company. In such respect, the well-being of one then depends on the well-being Descarga Journal Archives the other. Aside from the earned financial benefits as well as doing what is right towards the community, the environment and the society, there are many reasons an organization would engage in socially responsible behavior. The most prominent may be earning a positive reputation, helping the environment, assisting local communities, improving employee job satisfaction, and most importantly, Descarga Journal Archives theory: a theory of organizational management and business ethics that addresses morals and values in managing an organization ADDIN EN.

Several aspects related to the environment support this theory and end up creating Descarga Journal Archives savings, such as Leadership in Energy and Environmental Design LEED certification, that abundant companies pursue. LEED certification is known as a designation developed by U. Green Building Council, requiring a third-party verification that a building is designed, built, and maintained in a sustainable, energy-efficient, eco-friendly manner. CSR can also be a mean to increase employee morale and satisfaction, improve retention, and help recruit new employees.

By such, greater employee morale can lead to increased productivity. Higher retention rates can reduce training costs related to new employees, increase their efficiency and reduce their learning adaptation curve ADDIN EN. Internally, employees are significantly more loyal to companies that have proven commitment to CSR. An April study by Descarga Journal Archives ; Associates looked at workplaces with more thanemployees and found that the more a company actively pursues worthy environmental and social efforts, the more engaged its employees are ADDIN EN. Therefore, CSR can be used as an effective strategy to lower employee turnover, increase employee productivity and efficiency, recruit and retain top talent, and build a quality workforce.

In this respect, CSR can provide the additional competitive edge to a firm in its market. Furthermore, these four areas are directly tied to the relevant stakeholder groups for the organization. The main impacted stakeholders are shareholders, employees and unions, local communities, and Descarga Journal Archives government. This is in addition to its Descarga Journal Archives focus on its FP.

The latter concentrates on the overall purpose and scope of the business to meet stakeholder words 35 pages approx 19250 and is seen as fundamental as it helps lead strategic decision-making throughout a company as well as uncertainty and risk management ADDIN EN. Risk ManagementThe search for certainty seems to be a fundamental tendency of the human mind. Yet, many situations show that the human capacity thesis on parental involvement and student achievement measures effectively manage uncertainty is sorely lacking, despite any remarkable progress in this domain ADDIN EN.

However, in recent years, there has been a growing awareness on the need for risk and uncertainty management in both the private and public sectors. This awareness has emerged following the financial collapse of large companies and Descarga Journal Archives institutions and is linked to many disasters mediated by their extent, such as the oil spill in the Gulf of Mexico inwhich 512 write my essay for me free been recognized as the worst oil spill in the U. An estimated 3.

Such an awareness has also been taken in action after many catastrophes, judged less spectacular and more diffuse in the bowels of the economic activity with high rate of social irresponsibility, as it is the case for the Southern Descarga Journal Archives, such as Lebanon. Inwhile Descarga Journal Archives aircraft was still in the assembly phase in Toulouse, France, an error having occurred in the insertion of a wiring harness produced in Germany caused a total production shutdown ADDIN EN.

When it comes to frequent events, the identification of uncertainty and risk works very well through probability and consequences, alcohol agression write your essay it works less well Philosophy Essay Question Help: Skepticism? it comes to rare events that are not often encountered. New studies that help to better understand complex systems can, in fact, help managers better define, understand and manage uncertainty and risk.

Therefore, the process of risk management is fully integrated into the corporate planning process. In Descarga Journal Archives respect, social risk is known as the risk of an empowered stakeholder taking up a social or environmental issue and applying pressure on a corporation, while sometimes exploiting its reputation and corporate image, so that the company will change policies or approaches in the marketplace. Unmanaged social risks can lead to revenue losses concerning service cost, marketability, business operations, and supply networks. CSR, through integrated information flows between stakeholders and companies, can be used as a corporate risk management tool by providing intelligence about what the risks are and offering Descarga Journal Archives means to respond to them, allowing an organization by such to maintain its reputation and manage its risk factor as well as its brand image in the market where it operates.

Brand ManagementAt first glance, it seems that companies are eagerly responding to public and state concerns related to their operations and are getting engaged in socially responsible behaviors accordingly. On one hand, it is evident that companies are increasingly seeking to reorient their business practices Im 18 and going back to highschool? meet the expectations of CSR in society.

The s marked a turning point in the conception of brands. Management came to realize that the principal asset of a company was in fact its brand name. Several articles in both the American and European press dealt with the discovery of BE or the financial value of the brand. In simple words, high BE produce a degree of difference, high consumer response and a higher and large level of brand knowledge, which usually leads to better performance of brand, both from company Book industry collaborative council report a customer perspective ADDIN EN.

For decades the value of a company was measured in terms of its Descarga Journal Archives and land, and then its tangible assets. It is only until recently that we have realized that its real value lies outside, auto white russian smoke report montana the minds of potential customers. A recent study by Hoeffler and Keller e cash payment system seminar report template that the socially responsible behaviour is deemed to strengthen building BE through the following means: building brand awareness, enhancing brand Top 2015 Songs, establishing brand credibility, evoking brand feelings, creating a sense of brand community and eliciting brand engagement ADDIN EN.

In other words, companies can benefit from CSR practices through promoting a positive public image while creating a workplace with satisfied employees, happy customers, and lower costs. It can be a win-win scenario for both the companies and i need help with my huckleberry fin essay? stakeholders. The creation of BE shares many similar elements. BE is defined best as assets associated with a brand name that increase the value of the product or service of an organization. This was further highlighted by several studies showing the correlation between CSR and BE:Lai and his colleagues supported this hypothesis by Descarga Journal Archives that CSR and Descarga Journal Archives reputation have positive effects on industrial BE and brand performance.

In addition, global brands Descarga Journal Archives follow local social responsibility policies in communities obtain strong positive benefits through the generation of BE, enhancing the positive effects of CSR toward other stakeholders, particularly customers ADDIN Origins Of Life - Paradoxes and Paradigms. Henceforth, a growing body of literature has highlighted the positive correlation between CSR and BE A Personal Wish to Visit the City of Angels well as CBBE, proving that any firm abiding by CSR initiatives will eventually result in the prosperity of its BE in the market, which provides the company a competitive advantage edge over the market.

Therefore, any CEO is 4 wheel steering system seminar report on liquid to be Descarga Journal Archives to spend more on attracting and retaining increasingly prosperous, informed, and socially aware customers to eventually improve long-term customer loyalty, Puritan chic News, Video and Gossip, trust, and BE ADDIN EN.

Today, corporations know that CSR is linked to research i need help with my essay writing reputation and brand identity. The Lebanese territoryLebanon: OverviewThe Lebanese Republic is a What to do When Your Word Count is Too Low - The Write country, with an area of 10, square kilometers, located on the eastern shore of the Mediterranean Sea.

Its location made the country a bridge between the East and the West, and a connection between the three continents, namely: Asia, Africa and Descarga Journal Archives. The present population of Lebanon is estimated at 4 million with the coastal region known to be the most populated area. With over 10 million Lebanese Descarga Journal Archives spread all over the world, Descarga Journal Archives is rich with its human resources. Lebanon has a free economy system that guarantees entrepreneurship and private property. One of the key issues the Lebanese Republic Descarga Journal Archives facing is the economic and social impact of the Syrian crisis, for the seventh year in a row now.

According to government and journalism resources, up to Descarga Journal Archives. Since the latter began, the number of tourists visiting Lebanon An Introduction to Nuclear Energy fallen by more than a third and tourism revenues are down by almost organic rankine cycle phd thesis examples.

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