Seeking global solutions for the common good: A new world order and corporate social responsibility

Author(s):  
Robin T. Byerly
1999 ◽  
Vol 9 (3) ◽  
pp. 527-540 ◽  
Author(s):  
Richard E. Wokutch ◽  
Jon M. Shepard

Abstract:This paper examines corporate social responsibility in Japan today within the context of the paradigm of the moral unity of business. Under this paradigm, business is expected to operate under the same set of moral standards operative in other societal institutions. We suggest that a micro moral unity characterizes Japan—business activity is linked to that society’s moral values but only within carefully circumscribed communities of interest. Because of the strains brought on by the maturing of the Japanese economy, the negative consequences of this micro moral unity are now becoming apparent. A new paradigm will be required to address these challenges. A possible foundation for such a paradigm, based on the emerging notion of kyosei (living and working together for the common good), is discussed.


2018 ◽  
Vol 11 (4) ◽  
pp. 81-89
Author(s):  
Anna Mazurek-Kusiak

Summary Subject and purpose of work: The purpose of the study was to compare the behavior of companies located in the areas of nature value and in their proximity with companies located in urbanized areas in the Lublin Region in terms of Corporate Social Responsibility (CSR). Materials and methods: The study was conducted by means of the diagnostic survey method, using direct interviews. Results and conclusions: Companies located in valuable natural or close to natural areas tend to undertake ecological and environmental investments (27.68%), care for the common good (54.46%), and treat employees well (54.46%) as compared with the companies located in urban areas (10.72%, 25.89% and 25.89%, respectively). Sensitivity to nature is primarily the result of the company’s direct contact with nature, the recognition of the importance of protecting it, as well as of good treatment of employees, that is it results mainly from the combination of business and personal relationships with employees. Firms located in urban areas are much more likely to support charitable donations (22.33%), which is a result of higher returns by these companies and more frequent requests for financial assistance. Further research in this regard should concern factors that make the entrepreneurs more willing to implement CSRs in their companies.


Author(s):  
Noam Koriat ◽  
Roy Gelbard

Corporate Social Responsibility (CSR) is a policy and the practices of corporate responsibility for the common good. It might take the form of donations, environmental responsibility, or socially related investments. However, CSR can also be an in-house strategy regarding all the Human Resources (HR) of the company, making them part of the “common good” by fair employment. In this manner, employment contracts can be regarded as both a CSR and Business Ethics (BE) issue. Treating your employees in a respectable way represents the most basic form of corporate responsibility and respectable ethics. The chapter brings an economic analysis illustrating that applying fair and moral HR practices, particularly favoring internal employment (insourcing) over external employment (outsourcing), is consistent with CSR and serves the primary corporate goal, increasing its value. Insourcing is thus a win-win strategy, where in addition to CSR and BE aspects it has a direct impact on the company's achievements.


2018 ◽  
Vol 14 (1) ◽  
pp. 99-109
Author(s):  
Piotr Urbanowicz

Summary In this text, I argue that there are numerous affinities between 19th century messianism and testimonies of UFO sightings, both of which I regarded as forms of secular millennialism. The common denominator for the comparison was Max Weber’s concept of “disenchantment of the world” in the wake of the Industrial Revolution which initiated the era of the dominance of rational thinking and technological progress. However, the period’s counterfactual narratives of enchantment did not repudiate technology as the source of all social and political evil—on the contrary, they variously redefined its function, imagining a possibility of a new world order. In this context, I analysed the social projects put forward by Polish Romantics in the first half of the 19th century, with emphasis on the role of technology as an agent of social change. Similarly, the imaginary technology described by UFO contactees often has a redemptive function and is supposed to bring solution to humanity’s most dangerous problems.


2015 ◽  
Vol 31 (1) ◽  
Author(s):  
O. S. Verma

In India, Companies Act-2013 has called upon Corporate Houses having a net worth of Rs.500 crore or more, or a turnover of Rs.1000 crore or more, or a net profit of Rs.5 crore or more to have a CSR-spend of atleast 2 per cent of their average net profits of the preceding three years. The Act has identified 12 Activities relevant for CSR-spend. The CSR beneficiaries are those who live in villages and towns. The CSR is an obligation of the companies to discharge their social, economical, legal, ethical, and philanthropic responsibilities to benefit the common people. Business owners, employees and their families, stakeholders, share holders, suppliers, and dealers are excluded from the purview of CSR beneficiaries. Although the CSR-agenda started with effect from 1<sup>st</sup> April, 2014, the compliance of 2 per cent norm is hardly 13.50 per cent of 16000 and odd companies registered with the Ministry of Corporate Affairs. In order to see mandatory 2 per cent spend in CSR activities, some sort of regulatory authority is much sought after. Similarly, companies own subsidiary Foundations formed especially for implementing their CSR activities should be discouraged, rather dispensed with. Instead, Corporate Houses should come together and form a “National Consortium For CSR Interventions”. Besides, atleast 41 per cent of CSR budget should be allocated to NGOs for implementing their CSR activities.


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