CSR Strategies in International Business. Concepts and Theories for a Competitive Edge

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Publisher : Anchor Academic Publishing
ISBN 13 : 3954894815
Total Pages : 81 pages
Book Rating : 4.19/5 ( download)

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Book Synopsis CSR Strategies in International Business. Concepts and Theories for a Competitive Edge by : Jonas Feller

Download or read book CSR Strategies in International Business. Concepts and Theories for a Competitive Edge written by Jonas Feller and published by Anchor Academic Publishing. This book was released on 2016-08 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: For decades, multinational corporations benefited from developing countries mainly as a source of cheap labour and weak regulations. Even when corporate social responsibility (CSR) was embraced it has been tailored to customers in the developed world. With the rise of the middle class in emerging economies and social media driven scrutiny of corporate conduct around the globe, CSR increasingly requires an international outlook. Adopting strategic CSR in international business provides multinational corporations with a competitive edge. An emerging field of research around international CSR points to global, local and transnational strategies as viable options. Considering impacting variables such as cultural distance, industry features and brand visibility, recommendations are derived for managers that advance the concept of shared value for business and society. In addition, a set of future research questions is outlined to further the academic discussion around this important aspect of business in the 21th century.

Strategies for Responsible Business

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Publisher : GRIN Verlag
ISBN 13 : 3656649472
Total Pages : 17 pages
Book Rating : 4.72/5 ( download)

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Book Synopsis Strategies for Responsible Business by : Murali Mg

Download or read book Strategies for Responsible Business written by Murali Mg and published by GRIN Verlag. This book was released on 2014-05-05 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2013 in the subject Communications - Public Relations, Advertising, Marketing, Social Media, grade: 65, University of Aberdeen, course: MBA, language: English, abstract: Corporate Social Responsibility is a traditional concept which has existed since before the World War II, (A.B. Caroll & K.M. Shabana). The evolution of concept theoretically relates to Abram’s (1951), who argued that companies should not only focus on profit maximisation, but also should think about its employees, customers and public at large; which was further discussed in seminal book “Social Responsibilities of Businessman” published by Howard R. Bowmen in 1953. Corporate Social Responsibility, when simplified signifies the social responsibilities of a corporate firm. According to the International Organisation for Standardisation (ISO), CSR is described as “a balanced approach for organisations to address economic, social and environmental issues in a way that aims to benefit people, communities and society”. CSR takes major issues that include human rights, workplace and employee issues, unfair business practices, organisational governance and environmental practices into consideration. Corporate social responsibility is a conceptual where firms tries to integrate social and environmental concerns into their business and operations and in their interaction with their stakeholders on a voluntary basis which as stated by the European commission. Companies as engage business and activities, their certain objectives will be directed towards the society which is likely to improve societal image monetarily as well as non-monetarily, contradictorily not all companies engaging in CSR looks out for monetary outcomes. Organisations like NGO’s engage in CSR to improve the welfare of the society.

Strategic Management and International Business Policies for Maintaining Competitive Advantage

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Publisher : IGI Global
ISBN 13 : 1668468476
Total Pages : 444 pages
Book Rating : 4.70/5 ( download)

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Book Synopsis Strategic Management and International Business Policies for Maintaining Competitive Advantage by : De Moraes, Ailson J.

Download or read book Strategic Management and International Business Policies for Maintaining Competitive Advantage written by De Moraes, Ailson J. and published by IGI Global. This book was released on 2023-07-17 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: The discontinuation and turbulent nature of business environments make it crucial for organizations to adopt strategic management practices and develop key business policies to be alert to environmental changes. Organizational competitiveness has become the center of strategic management literature as an explanation for organizational success. However, in the past two decades, there has been a shift in the nature of the relationship between business organizations and society, with business organizations increasingly playing a more proactive role in wider societal issues. Strategic Management and International Business Policies for Maintaining Competitive Advantage allows executives to implement the necessary business policies and strategies in order to help the organization maintain a competitive advantage in a global complex environment. By doing this, organizations will be more proactive than reactive in shaping their own futures. This book allows organizations to initiate and influence activities. Covering topics such as ethical business marketing, leadership capabilities, and strategic management, this premier reference source is an excellent resource for business leaders and executives, managers, entrepreneurs, marketers, economists, government officials, students and educators of higher education, librarians, researchers, and academicians.

CSR Strategies

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Publisher : John Wiley & Sons
ISBN 13 : 0470826290
Total Pages : 262 pages
Book Rating : 4.94/5 ( download)

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Book Synopsis CSR Strategies by : Sri Urip

Download or read book CSR Strategies written by Sri Urip and published by John Wiley & Sons. This book was released on 2010-08-20 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization has changed the nature of many markets. Previously protected local industries have been forced to become more competitive, a situation that provides both opportunities and challenges. Key among these is the challenge of implementing responsible business practices. Corporate social responsibility (CSR) is widely recognized as a worthy commitment to ensure sustainable benefit for both corporations and communities. CSR is also becoming an important base for businesses to build trust and confidence in their stakeholders, with the potential to provide a competitive edge. To ensure sustainable growth opportunities, companies should pursue the three key dimensional values of creation: Profit People Planet Well defined and strategic CSR activities will ensure an optimum balance between social, environmental, and economic factors for sustainable profits. Hence, CSR has to be embedded within the business strategy to provide a competitive edge in the areas of brand equity, corporate reputation, employee retention, and environmental conservation. Although the principles of CSR are essentially the same globally, each location still calls for different emphasis in the implementation process. Successful application of CSR principles is directly influenced by the business understanding of its business strategy in proportion to the needs of the local community. As someone who has implemented all the above activities successfully, author Sri Urip is well placed to discuss effective CSR strategies to 21st century companies.

Knowledge Management for Corporate Social Responsibility

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Publisher : IGI Global
ISBN 13 : 1799848345
Total Pages : 388 pages
Book Rating : 4.49/5 ( download)

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Book Synopsis Knowledge Management for Corporate Social Responsibility by : Martín-de Castro, Gregorio

Download or read book Knowledge Management for Corporate Social Responsibility written by Martín-de Castro, Gregorio and published by IGI Global. This book was released on 2020-09-04 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a changing and complex environment currently facing the main challenges of sustainable development, effective management of knowledge, intellectual assets, organizational learning, and talent management are the basis for social innovation and new ways of competition. In this sense, management and business practice are incorporating social and environmental demands made by all types of stakeholders to improve business decisions and strategies. Knowledge Management for Corporate Social Responsibility provides research exploring the theoretical and practical aspects of linking firm profitability, social development, and natural environment in respect to business management practices. Featuring coverage on a broad range of topics such as employer branding, intellectual capital, and organizational performance, this book is ideally designed for business professionals, small business owners, entrepreneurs, academicians, researchers, and business students.

Corporate Social Responsibility as an International Strategy

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Publisher : Springer Science & Business Media
ISBN 13 : 3790820245
Total Pages : 164 pages
Book Rating : 4.49/5 ( download)

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Book Synopsis Corporate Social Responsibility as an International Strategy by : Christina Keinert

Download or read book Corporate Social Responsibility as an International Strategy written by Christina Keinert and published by Springer Science & Business Media. This book was released on 2008-03-13 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increased financial performance and employee commitment are among the benefits the CSR model can offer corporations. This discussion presents practitioners and scholars with a unique examination of how firms can maximise productivity through the implementation of CSR programs. This publication discusses how CSR addresses business concerns of feasibility, barriers and drivers of internal and external practice; and whether a CSR program is likely to constitute a success or failure.

Global Corporate Social Responsibility Initiatives for Reluctant Businesses

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Publisher : IGI Global
ISBN 13 : 1799839893
Total Pages : 280 pages
Book Rating : 4.97/5 ( download)

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Book Synopsis Global Corporate Social Responsibility Initiatives for Reluctant Businesses by : Khan, Syed Abdul Rehman

Download or read book Global Corporate Social Responsibility Initiatives for Reluctant Businesses written by Khan, Syed Abdul Rehman and published by IGI Global. This book was released on 2021-06-25 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Undeniably, the concept of corporate social responsibility (CSR) is not new, but there is a huge difference between understanding the concept of CSR in developed and developing nations. In developing countries, firms have little interest in adopting CSR as a strategy in their business goals. The best practices, techniques, and empirical studies conducted around the globe must be discussed in detail in order to encourage the incorporation of the best CSR strategies for regionally diverse businesses. Global Corporate Social Responsibility Initiatives for Reluctant Businesses is a critical reference source that covers the scope of global corporate social responsibility, which has continued to increase in the last couple of decades. The book includes core aspects of corporate social responsibility philosophy and practices in different European, North American, and Asian countries. This authored book helps readers to understand the corporate social responsibility practices in different countries and also provides a holistic picture of global CSR and emerging trends with the support of empirical studies. Covering topics including internationalization, Islamic CSR, green public procurement, CSR strategy, and sustainability, this book is essential for managers, executives, human resources managers, policymakers, academicians, researchers, students, and practitioners.

Theory and Practice of Corporate Social Responsibility

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Publisher : Springer Science & Business Media
ISBN 13 : 3642164617
Total Pages : 300 pages
Book Rating : 4.13/5 ( download)

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Book Synopsis Theory and Practice of Corporate Social Responsibility by : Samuel O Idowu

Download or read book Theory and Practice of Corporate Social Responsibility written by Samuel O Idowu and published by Springer Science & Business Media. This book was released on 2011-01-06 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern businesses and organizations understand that corporate social responsibility (CSR) has become an important factor for sustainable success. At the same time CSR has established itself as a widely accepted element of courses in managerial training and education. This book, designed to support CSR teaching, collects 14 essays that clearly illustrate and explain the benefits and challenges of socially responsible corporate policies. Aligning theory and practice, the book focuses on four central themes: management, environment and sustainability, corporate social responsibility, and accounting and financial reporting. Business students and experienced managers alike will find this book a valuable resource that helps them to discover the strong forces that link successful management with corporate social responsibility.

CSR and Socially Responsible Investing Strategies in Transitioning and Emerging Economies

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Publisher : IGI Global
ISBN 13 : 1799821951
Total Pages : 346 pages
Book Rating : 4.53/5 ( download)

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Book Synopsis CSR and Socially Responsible Investing Strategies in Transitioning and Emerging Economies by : Kuna-Marsza?ek, Anetta

Download or read book CSR and Socially Responsible Investing Strategies in Transitioning and Emerging Economies written by Kuna-Marsza?ek, Anetta and published by IGI Global. This book was released on 2020-01-17 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most important activities of enterprises today is responsible entrepreneurship. Corporate social responsibility (CSR) activities can help to forge a stronger bond between employees and corporations, can boost morale, and can help both employees and employers feel more connected with the world around them. Moreover, the growing importance of this concept results from the fact that it is perceived as an effective tool for increasing competitiveness, improving the image of the company, or contributing to the generation of higher profits. In today’s world, an active commitment to social responsibility is becoming more common for a company. CSR and Socially Responsible Investing Strategies in Transitioning and Emerging Economies is an essential reference source that identifies the scale and scope of implementation of CSR and socially responsible investing strategies and standards in companies operating in different transitioning and emerging economies as well as assessing the global effects of these activities. Featuring research on topics such as economic growth, responsible investing, and business ethics, this book is ideally designed for managers, executives, directors, corporate professionals, government officials, industry leaders, academicians, students, and researchers in the fields of international economics, international business, marketing, finance management, and public relations.

The Strategic Importance of Corporate Social Responsibility

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Publisher : GRIN Verlag
ISBN 13 : 3656052263
Total Pages : 55 pages
Book Rating : 4.65/5 ( download)

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Book Synopsis The Strategic Importance of Corporate Social Responsibility by : Timo Wilhelm Rang

Download or read book The Strategic Importance of Corporate Social Responsibility written by Timo Wilhelm Rang and published by GRIN Verlag. This book was released on 2011-11-10 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2010 in the subject Business economics - Business Ethics, Corporate Ethics, grade: 1,3, Otto-von-Guericke-University Magdeburg (Lehrstuhl für Internationales Manegement / Institut für Philosophie), language: English, abstract: “Profit is as necessary as the air we breathe, but it would be terrible if we worked only to make a profit, just as it would be terrible if we lived only to breathe.” (Hermann Josef Abs, former CEO of Deutsche Bank) 1. Introduction: From the Honorable Merchant to the Responsibilities of Multinational Companies 2. Business Ethics: The Creative Tension between Entrepreneurial Freedom and Moral Constraint 2.1 The Company as a “Corporative Actor” 2.2 Moral and Profit: Two Antithetical Concepts? 2.3 Globalization: Economic Chances and Ethical Challenges 2.3.1 The Importance of Human Rights for CSR 2.3.2 Benchmarking CSR: The UN Global Compact 3. Strategic Corporate Social Responsibility 3.1 Hurdles to Effective CSR 3.2 Strategic Planning and Strategy Realization 3.2.1 The Responsibilities of a Company 3.2.2 The Intersections of Business and Society 3.2.3 Responsive CSR contra Proactive CSR 3.2.4 Strategic Corporate Philanthropy 3.3 Supply Chain Sustainability and Context Improvement: The CSR Strategy of Nestlé in India 4. Conclusion The first chapter examines the intrinsic problem areas of CSR such as the differences between individual and collective responsibility; the fundamental conflict between profit and moral; and the tension between universal ethical norms, national or international legislation and entrepreneurial freedom. In the last two subchapters the challenges and chances of globalization are illustrated. The second chapter focuses on the business perspective on CSR. The aim of this part is to reconcile the conflicts described in the first chapter in ways that can create mutual benefits for both the society and companies. At first, practical problems of planning, implementing and evaluating CSR activities are discussed. Starting from there, a strategic concept of CSR is developed that understands ethical and philanthropic responsibilities as firm and context specific competitive advantages. Management tools are presented that help to localize and address ESG issues with beneficial potential for society and business alike. Concluding, the activities of Nestlé in India illustrate a good practice example for a CSR strategy that aligns social communal engagement and profitability.