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journal article "Implicit" and "Explicit" CSR: A Conceptual Framework for a Comparative Understanding of Corporate Social ResponsibilityThe Academy of Management Review Vol. 33, No. 2 (Apr., 2008) , pp. 404-424 (21 pages) Published By: Academy of Management https://www.jstor.org/stable/20159405 Read and download Log in through your school or library Alternate access options For independent researchers Read Online Read 100 articles/month free Subscribe to JPASS Unlimited reading + 10 downloads Purchase article $29.00 - Download now and later Abstract We address the question of how and why corporate social responsibility (CSR) differs among countries and how and why it changes. Applying two schools of thought in institutional theory, we conceptualize, first, the differences between CSR in the United States and Europe and, second, the recent rise of CSR in Europe. We also delineate the potential of our framework for application to other parts of the global economy. Journal Information The Academy of Management Review, now in its 26th year, is the most cited of management references. AMR ranks as one of the most influential business journals, publishing academically rigorous, conceptual papers that advance the science and practice of management. AMR is a theory development journal for management and organization scholars around the world. AMR publishes novel, insightful and carefully crafted conceptual articles that challenge conventional wisdom concerning all aspects of organizations and their role in society. The journal is open to a variety of perspectives, including those that seek to improve the effectiveness of, as well as those critical of, management and organizations. Each manuscript published in AMR must provide new theoretical insights that can advance our understanding of management and organizations. Most articles include a review of relevant literature as well. AMR is published four times a year with a circulation of 15,000. Publisher Information The Academy of Management (the Academy; AOM) is a leading professional association for scholars dedicated to creating and disseminating knowledge about management and organizations. The Academy's central mission is to enhance the profession of management by advancing the scholarship of management and enriching the professional development of its members. The Academy is also committed to shaping the future of management research and education. Founded in 1936, the Academy of Management is the oldest and largest scholarly management association in the world. Today, the Academy is the professional home for more than 18290 members from 103 nations. Membership in the Academy is open to all individuals who find value in belonging. Rights & Usage This item is part of a JSTOR Collection.
Democracies are built upon the spirit of accountability and transparency. Although the ideals that we generally associate with a welfare state such as answerability, shared responsibility, integrated and wholesome development rarely find mention in what the common man perceives as the cut-throat corporate dimension, this lack of association is no better than an illusion in contemporary generations that have made “sustainability” their buzzword. In reality, trust is grossly underrated and
underappreciated as one of the foundational bases of business, corporate relations and corporate governance. The concept of corporate social responsibility is, in essence, nothing but a means of nurturing and promoting this trust between corporations, the governments, and society. It is a proof of goodwill and consciousness on the part of businesses and the part they play in sustaining the very ecosystem that they thrive in and profit off. Probably, ten years or so ago, the world was still in a position where it could debate the necessity of corporate social responsibility as a concept. However, the planet has not waited around and the world has long lost the luxury of that position. Considering the rate at which mankind is losing resources, the concept of CSR finds itself burdened with much more duties than when it was first conceived. It is thus, indubitable, that mandating corporations to fulfil their ethical obligations and further increasing the share of these obligations is no longer a choice, but an indispensable necessity. The foregone observations and explanations illustrate that the pyramid of CSR has broadly given priority to profit and economic interests. However, the business ecosystem would do well to remember that without a sustainable environment, entrepreneurship has no incubator wherein it may grow and bloom. Hence, the time may have come for inversion of Carroll’s pyramid; and for the prioritization of environmental interests in a bid to save economic ones, via the only tool available—corporate social responsibility, or CSR. UK Essays, A Definition of Corporate Social Responsibility, UKEssays (Jun. 27, 2019, 10:12 AM),https://www.ukessays.com/essays/management/a-definition-of-corporate-social-responsibility-management-essay.php?vref=1. Mallen Baker, Definitions of Corporate Social Responsibility - What is CSR?,Mallen Baker (Jun. 29, 2019, 08:12 PM), http://www.mallenbaker.net/article/clear-reflection/definitions-of-corporate-social-responsibility-what-is-csr. Archie B. Carroll, Carroll’s Pyramid of CSR: taking another look, 1 JCSR 1, 1 (2016). India CSR Network, Concept of Corporate Social Responsibility, India CSR (Jun. 30, 2019, 12:20 PM), https://indiacsr.in/concept-of-csr/. IANS, India now only country with legislated CSR, Business Standard (Jun. 30, 2019, 4:54 PM), https://www.business-standard.com/article/companies/india-now-only-country-with-legislated-csr-114040300862_1.html. Amartya Bag, Corporate Social Responsibility (CSR) laws around the World,iPleaders(Jun. 30, 2019, 10:18 AM), https://blog.ipleaders.in/corporate-social-responsibility-csr-laws-around-the-world/. DiveshGoyal, Corporate Social Responsibility (CSR)- Brief Summary of Provisions, TaxGuru (Jun. 30, 2019, 4:45 PM), https://taxguru.in/company-law/corporate-social-responsibility-csr-summary-provisions.html. When legal elements are met through corporate social responsibility social expectations are met in the absence of?Corporate social responsibility that extends beyond legal mandates can help meet societal expectations in the absence of a 'Statutory device'. A Statutory device is a form of law that allows the services of an Act of Parliament to be later on conducted into force or change without Parliament having to permit a new act.
What are the 4 elements of corporate social responsibility?Corporate social responsibility is traditionally broken into four categories: environmental, philanthropic, ethical, and economic responsibility.
What are the essential elements of corporate social responsibility?The CSR Policy should normally cover following core elements:. Care for all Stakeholders: ... . Ethical functioning: ... . Respect for Workers' Rights and Welfare: ... . Respect for Human Rights: ... . Respect for Environment: ... . Activities for Social and Inclusive Development:. Which is the element of social responsibility?The four components of social responsibility are ethical, legal, economic and philanthropic.
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