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In some companies, managers increasingly take into account the expectations of employees, including the needs of employees in the development and identification of their self-realization with the company in which they work.
Such changes in personnel management are an important factor of corporate social responsibility.
On the other hand, this type of pro-social approach in personnel management usually increases its scale in the situation of low unemployment and high income of employees.
In addition, this type of pro-social approach in personnel management and good governance and good business practices should be correlated with the concept of effective development of countries operating in the model of social market economies.
In view of the above, the current question is: Does corporate social responsibility develop to a greater extent in social market economies?
Please, answer, comments. I invite you to the discussion.
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In my opinion it does not!
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This is the argument I made in a presentation at the 2008 “Business Ethics Olympics” of the International Society of Business, Economics, and Ethics (ISBEE), which was held in Cape Town, South Africa. Does this argument indicate too much faith in rules, regulations, and “law and order” trumping the culture of self-interest and profit-maximization that prevails in most for-profit entities – a culture that is expected and rewarded in capitalistic societies?
For more on my faith in “law and order” see my paper here on RG, “Legislative Excess or Regulatory Brilliance? Corporate Governance after SARBOX” : https://www.researchgate.net/publication/236980618_Legislative_Excess_or_Regulatory_Brilliance_Corporate_Governance_after_SARBOX?ev=prf_pub.
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Dear Graham,
Some days ago I came across this paper: Jones, C.L.& Roberts, A.. (2006) Management of Financial Information in Charitable Organizations: the Case of Joint-Cost Allocations. The Accounting Review, 81(1), 159-178.
Well, charities also engage in earnings management... I am wondering whether the donors are aware of this...
Paul    
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What is the relationship between corporate governance and international Anti-money laundering regimes? At which stage of money laundering can corporate governance operate to break the laundering chain? Is there statistical evidence of the connection between the two. I currently searching for dissertation ideas and am majoring in this field. Please excuse the vagueness of the question.
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Dear Lyne,
By looking at the usual corporate governance mechanisms in a firm I am wondering whether they can grasp money laundering transgressions. For example, the board of directors will usually get very aggregated  reports from management on the firm's operations. Thus, the directors who are not executives at the same time will not be able to discover or to prevent any unlawful action on their own. Even the audit committee does not carry out any audit investigations on its own, but is rather a point of liaison for the external auditors.
However, the internal audit function can be helpful and thus the reporting line of the internal auditors is to be considered (they should report to the audit committee and not to the CFO, for example).
Also, as we know from numerous real life examples of corporate failure, before the bombshell is dropped often there is critical press coverage or academic comments on that very company which can be considered red flags. For example, if a financial institution enters a new local market that is known for money laundering, or if it engages with local regimes supposed to commit financial crimes, it is possible that these issues will be commented on by the press and by the academia. In our information era it is hardly possible for a director not to come across such coverage in the media.
Well, in your research paper you can try to explain how corporate governance arrangements can help knowledgeable directors to control management in order to prevent transgressions when the first red flags are raised.
Paul
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Please suggest me.
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Dear Nizamuddin, find the attached file on CSR and firm performance.
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A number of texts and articles make the assertion that ethically run organisations are more profitable. There is to my knowledge no evidence of this. In fact if i consider the behaviour of the major banks and investment companies in Australia it is quite the opposite. I am considering this as a research project.
Any suggestions would be greatly appreciated.
Kind Regards
Erik
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Dear Erik,
Good topic to research. Incidentally, I have posted the same question 3 weeks before and got very good inputs. Your assumption is TRUE. Ethically run businesses are reducing day by day and profitability of the businesses are inversely proportional to ethics. Please visit my page and read the inputs from many scholars, who gave their valuable input, which will help your research.
Best of luck.
Best Regards.
Sekar Gopal.
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Land and other natural resources are the common property of the society. The state, say the government of India, should not become its arbitrary dispenser. If it takes on the role of the natural resource dispenser a large number of people belonging to native communities and productive systems will surely be marginalized and alienated in the near future. Neo-liberalism in India is poised to create conditions resembling 'internal colonization'.
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I do think land- agricultural, common property, forests- should be collectively owned by residents of the area.  Distribution of agricultural land is skewed in several countries, and individual ownership leads to continuation of this hierarchy.  Other option is for the local govt to issue land on lease periodically and temporarily with lease deeds on the names of women and men. This also helps young families live by themselves, and accounts for people leaving the village.  There should be a law that when Gram Sabhas or village councils do not allow common property resources or forests to be converted for other purposes, the government cannot over rule this on the name of   public interests   often it is the CPRs and forests of Dalits and Tribals which are taken in India.  Land in compensation is even given 50 km away, can people take their cattle 50 km away?
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I am currently working on the value of carrotmobs for companies and did a research on the stakeholders but need to compare their value for the success of the Carrotmob. Any suggestions would be helpful.
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Hi Azhar,
thank you for your suggestions and please excuse my late reply. I finally used this stakeholderanalysis which is really great to put things simple but clearly in a bigger picture:
Its just in german, but I guess you can understand the model when looking at the chart. This model I can truely recommend as it is easy to use/fill in and read.
All the best to you and thanks again for your kind reply.
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I am going to write my PhD thesis on corporate social responsibility in tourism context. More precisely, I would like to investigate corporate ethical values and the perceived importance of ethics and social responsibility of employees in travel agencies as well as what CSR behaviors are exhibited by travel agencies in a developing economy (in Serbia).
Could you please advise an efficient measurement tool to use?
Any reference will be helpfull. Thanks.
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One ofthe issues I have found is the policy-practice gap... commonly referred to as 'putting your money where your mouth is'. Many espouse the policies but then the practice does not follow. Here is an excellent study done, notably of hotels, many of which are integrated groups such as Barcelo, that was conducted by Leeds that looked at exactly that gap. And it is free to download. An excellent study.
Font, X., Walmsley, et al. (2012). Corporate social responsibility: the disclosure-performance gap. Occasional Paper 23 Leeds Metropolitan University, Leeds, UK. Retrieved Aug, 2014 from www.icrtourism.org
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I am working in university social responsibility but specially trying to include this issue not only in MBA courses, I think a lot of students will work, more or less in a Corporation then CSR must be present in all degrees.
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Hi Leticia,
It is ironic that today The Chronicle of Higher Education has the following article on the epidemic in athletes having "soft majors" in order to stay eligible to play and, despite this, never earning a degree:
Seems it is the burning ethical issue of the day for universities, as it should be.  Many black families are so excited about getting the first member of their family to attend college only to wind up with the child receiving no education at all -- just the sports scholarship to play at the university as long as he is eligible.  This is really a crime since the active years of employment (even for an athlete that "goes Pro") is very short -- just until he hits 40 and less than that if an injury cuts his career short.  After 40, the only promise of a career is becoming a sportscaster or an actor (if the athlete is nice to look at) or, perhaps, return to college and get A REAL EDUCATION.
In short, it is important for parents with athletically gifted children to ride herd over the courses and majors "selected"  by coaches for their children.
Gwen
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Organizational leadership must create conducive organization culture and ethical environment for sustainable development and growth.
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I am strongly agreed with the statement of “Corporate ethics lead to competitive advantage”.
Besides the moral, social, personal and cultural imperatives to tell the truth, it's increasingly evident that ethical practices protect and even boost the bottom line.
Most corporations recognize these responsibilities and make a serious effort to fulfil them while trying to utilize their business ethics as a source of competitive advantage. This has been defined as the "hidden logic of business ethics."
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Corporate greed, disgruntled employees, increased diversity, accelerating change, major layoffs, increased shareholder pressure, globalization, widening income discrepancies: these and many more factors can be seen as morally laden challenges in business performance. What is your opinion about the most important moral challenges that trouble for-profit and non-profit organizations now and in the near-future?
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Placing profit before peoples welfare has always been the moral challenge. This blight that was so obvious in the period of industrialisation is still with us today but has largely been exported to countries with no legislative safeguards such as health and safety law, medicine safety law and R&D law. Some corporations operate under faux banners of corporate ethics but violate human rights all the time. The biggest moral challenge is the failure to regulate.
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When a student who has earned a grade of "C" (average grade on a F,D,C,B, and A grading scale) in your course has asked you to write a letter of recommendation for employment or a scholarship, is it ethical to write a glowing letter of support? What is the best way to address this issue if a college or department has a normal distribution grading policy?
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Always believe in young people and think positive, give them a chance and help them in their career. People can develop when they are given a good opportunity!
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There are those who say that companies lose a lot of profit when they adhere to ethics.
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May be in the first years of adopting a such measure...I thing the real earnings are realized in the long term...
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Many companies have adopted codes of ethics and joined the UN Global Compact on Corporate Ethics, many after having a dubious track record on 'right and wrong'. Is this an indication of responsible business or just another PR strategy?
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From my point of view, this is probably a PR strategy, as Dr. Turner suggests. But, we still have a hope with it: being a marketing strategy, stakeholders, consumers etc... can press on that, showing what hasn't been acomplished or lobbyng to take the "make up operation" further than that. The dark side is that, if we "buy" this, companies even feel that they are doing the right thing and will keep on that hypocresy forever!
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Whistle blowers in the organizations bring into limelight, the organizational actions that are not in conformity with the social and ethical norm. Their actions certainly expose the, otherwise hidden, wrongdoings.
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The aim of the whistle blower is to prevent the corruption and bring out unethical behavior practiced in the organization. While there are many risks for the whistle blower, targeted to be a bad person, may risk the loss of job, threats of life and so on, but the work done by them are good for strengthening the corporate governance system in the organization. At times, general public looks for evidence, try to see the correctness of the information; but the person involved in unethical behavior normally try to hide those information.
If the whistle blower is against an individual, or the ego conflict is there, in that case the whistle blower may be not honest, but to my experience when it is about the system, unfair treatment in the organization, misuse of resources, corruption, the whistle blowers are found to be honest to their best possible and the results have been positive. Now in many countries Act has come out to prevent the whistle blowers and to strengthen the corporate governance.