CSR in Action?  Why does McDonalds advertise its   dribble of the Olympics, its environmental protection activities,in the bags?  Because some of these advertisements gives the impression to consumers that they  are a good supportive company  The company is  provoke in attracting more long-term customers  By drawing  away(p) from the  detail that  on that point food is not healthy they  perplex the  help on something else  The company is trying to enhance there  securities industry of  somatic laws    CSR:  The  kind  function of corporations to enhance   social clubs  welfare    OBJECTIVES  1.Introduction  2.Two views of CSR:  a.Shareholder View  Maximizing shareholder  cherish  in the long run enhances  cabarets 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  disposal decisions  Multi-fiduciary duties, shareholder activism, transparency & public   handicraft (internal governance strategies)  Does this work? Consider sweatshops in Toronto  3.

Conclusion    SHAREHOLDER   intent 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   at heart the constraints of law and social morality  Society benefits from profit objectives of corporations:   strain creation,   Supply of high quality,  clinical depr   ession price goods and  run  Technological i!   nnovation  Taxes and Public Funding for Public  serving     near STRATEGIES OF SHAREHOLDER VIEW OF CSR  Strategies for competitive advantages  Social  enthronization to  name competitive advantage (philanthropic investment in areas  associate to business e.g. telecom teaches computer to students from local communities)  The sponsor concerts provided that...If you  fatality to  repulse a full essay, order it on our website: 
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