Corporate Social Responsibility

News and Society

Ubiquitously the term "social responsibility"came into use in the 70 years of the last century. As a rule, it means corporate obligations. In accordance with this concept, organizations must take into account the interests of the whole society, and not only their own.

Social responsibility
This means that they must be responsible for whatthe impact of their activities has on customers, suppliers, shareholders and other parties involved in the work process. Thus the accepted obligations can leave (and even should) for frameworks that are established by the law. That is, the social responsibility of management is, among other things, independent taking of measures to improve the lives and people working for the company, and the whole society.

Approaches to obligations to society in Europe

Many researchers pay attention to the fact thatthe fact that corporate activity is differently understood in the English-speaking countries of the world and in Europe. Some organizations are limited to helping the poor or local communities. While supporters of another, more active approach, believe that the social activity of corporations should be manifested not simultaneously, but to increase the education of the local population, to give him the opportunity to apply the newly acquired knowledge in accordance with the interests. Only thanks to such actions, in their opinion, a stable environment is created in society.

Reporting of social activities

social responsibility of the state
The company must also report to thesociety for the actions committed, constantly keep records. Thus, the social responsibility of a corporation, as a concept, must take into account the environmental, economic and other kinds of influence of its activities on certain interest groups or on the whole society. The main principles of this kind of accounting are a number of developed reporting standards and guidelines.

Impulses for Commitment by Corporations

The decision that social activity is used in practice is taken by organizations under the influence of a number of incentives.

1.Etic consumerism. The impact of user awareness of the environmental or social side of their purchasing decisions.

social responsibility of management
2. Globalization. Many corporations tend to be present in world markets in order to remain competitive.

3. The level of education of the society and its awareness. Use the Internet and the media to increase their own popularity and activity.

4. Legislation. Government regulation of business-related processes.

5. Involuntary responsibility for the consequences of crises.

Social responsibility of the state

It is a more general concept, compared withdiscussed above. Its effectiveness can be judged by the policy it implements. So, the harder it is, the level of state responsibility before the society is lower. And, on the contrary, the better it is thought out, the less representatives of business violate the law, and the more citizens support the government.

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