Corporate Social Responsibility Important â€Myassignmenthelp.Com

Question: What Is Corporate Social Responsibility Important To Businesses Today? Answer: Introducation The above article is published in the International Journal of Management Reviews. The article talks about the role of corporate social responsibility in businesses today. The article conducts a literature review and describes how CSR activities of organisations help them to develop a corporate image and enhance and strengthen the relationship between the organisation and stakeholders (Du et al., 2010). The article suggests that to reap the benefits of CSR and maximise CSR returns, companies must communicate their CSR activities effectively. The article also provides a framework for effective CSR communication so as to maximise returns. The above article gives various examples of successful CSR communication and its benefits. The article provides an overview of the benefits of CSR for businesses and how they can maximise these benefits. The article focuses on the role of CSR in enhancing the stakeholder relationships for businesses in todays environment. The article can be used in explaining the benefits of CSR activities for businesses. The article will help in recommending organizations about maximizing CSR returns by building an effective stakeholder communication (Du et al., 2010). Moreover, the article is important in explaining the core functions of CSR that will help an organization in building a strong corporate image and reaps the benefits of conducting and communicating CSR activities. Carroll, A. Shabana, K., 2010. The Business Case for Corporate Social Responsibility: A Review of Concepts, Research and Practice. International Journal of Management Reviews, 12(1). The article has recently appeared in the International Journal of Management Review. The article attempts to describe a business case by using the concepts, practices and research in the field of Corporate Social Responsibility (CSR). The primary idea behind formulating a business case is to understand what organizations gain by engaging in CSR activities. It aims at describing the tangible benefits of CSR policies, activities and the reason why CSR has become a core function for organizations today (Carroll Shabana, 2010). The article also evaluates the ideas and arguments for and against responsibility of business towards society. The primary focus of the paper is to develop a business case for CSR activities, where the authors analyze the tangible benefits of CSR for the organizations in todays environment. The article conducts a literature review to analyze the changing environment in which organizations have greater responsibilities towards society and these responsibilities are beyond, profit-generation and maximizing financial accounting gains (Carroll Shabana, 2010). The article contributes to the field of CSR research and practice, by defining the real purpose of CSR activities in businesses today. The article is important because it will help in describing the reason why businesses must focus on conducting CSR activities. The article suggests that businesses must become responsible towards the society and must accelerate their CSR activities beyond the traditional ideas. The article opens doors for further research in revolutionizing CSR activities. Tilt, C., 2016. Corporate social responsibility research: the importance of context. International Journal of Corporate Social Responsibility, 1(2). The article has recently been published in the International Journal of Corporate Social Responsibility in the year 2016. The article emphasizes the importance of context in the field of corporate social responsibility (CSR) Research. Recently, reporting of CSR activities has gained much importance, and most research studies focus on the advantages of CSR and CSR reporting in developing and developed countries (Tilt, 2016). The article suggests that it is important to investigate the contextual factors which largely influence CSR reporting. The article argues that rather than relying on the CSR theories developed in West, CSR reporting in developing nations should be studies with respect to contextual factors. The article suggests that the developing nations have completely different political scenarios, cultural, social and legal influences than developed countries and hence, these factors interfere with the application of western theories (like stakeholder theory and accountability theory), which are most commonly used theories in explaining CSR reporting (Tilt, 2016). The primary focus of the article is on the influence of contextual factors in CSR reporting activities and policies (Tilt, 2016). The article argues that the contextual factors must be considered in CSR reporting in developing countries as the political, legal, cultural and social contexts in developing countries differ largely from that of developed countries. The article highlights an important and recent topic in CSR research and practice. CSR accounting has gained much importance in recent years in the field of CSR research, and the article contributes towards enhancing the CSR accounting in developing countries. The articles aims at improving the CSR research in developing nations and supports future research in the field of CSR in emerging economies. Momin, M. Parker, L., 2013. Motivations for corporate social responsibility reporting by MNC subsidiaries in an emerging country: The case of Bangladesh. The British Accounting Review, 45(3), pp.215-28. The article has recently appeared in the British Accounting Review Journal in the year 2013. The article discusses the CSR reporting in Multi National Companies (MNC) subsidiaries. Today, MNCs have established their subsidiaries in emerging countries. Most research in CSR field focuses on the CSR reporting in MNC organizations, however, the CSR reporting in MNC subsidiaries is sidelined (Momin Parker, 2013). The article focuses on the motivations that influence the CSR reporting in MNC subsidiaries by exploring the case in Bangladesh. The article conducts a literature review of the CSR reporting activities in MNCs, by using a case study method. The article suggests that internal legitimacy is the primary motivation in CSR reporting practices in MNC subsidiaries. The primary focus of the article is on finding the motivations for reporting in MNC subsidiaries. Since there is very less research in the field of CSR reporting in MNC subsidiaries and it is not known whether the CSR reporting practices are based on host country norms or parent country policies (Momin Parker, 2013). The study reveals that CSR reporting practices in MNC subsidiaries are limited and not fully explored and provides a framework for effective CSR reporting in MNC subsidiaries. The article largely contributes towards the current CSR research practice. The current CSR research practice focuses on the CSR initiatives and reporting activities in MNC subsidiaries in developing nations. The article opens doors for future research in CSR reporting research (Momin Parker, 2013). Asemah, E., Okpanachi, R. Edegoh, L., 2013. Business Advantages of Corporate Socila Responsibility: A Critical review. New Media and Mass Communication, 18, pp.45-56. The article has appeared in the Journal of New Media and Mass Communication recently. The article highlights the advantages of Corporate Social Responsibility (CSR). The paper reviews the stakeholder theory and the CSR iron law (Asemah et al., 2013). The article conducts a critical review of previous research studies in the field of CSR research and suggests that, enhanced corporate image, attracts new customers, improves the relationships with the stakeholders and investors, fosters innovations and ethics, and also improves access to capital. By reviewing the business advantages of CSR, the article encourages organizations to continuously undertake and improve CSR activities. The primary focus of the article is on highlighting the important advantages of conducting CSR activities (Asemah et al., 2013). The article suggests that fulfilling the responsibility towards the community, environment, and society, business organizations will gain various benefits. s The article is important contribution towards current CSR research and encourages various organizations to actively engage in CSR activities. The article is an important contribution in the field of CSR research and supports future research in evaluating the benefits of CSR research and practices (Asemah et al., 2013). The article can be effectively used in describing the concepts and practices of CSR and also in evaluating the tangible benefits of CSR activities for business organizations in the current scenario. References Asemah, E., Okpanachi, R. Edegoh, L., 2013. Business Advantages of Corporate Socila Responsibility: A Critical review. New Media and Mass Communication, 18, pp.45-56. Carroll, A. Shabana, K., 2010. The Business Case for Corporate Social Responsibility: A Review of Concepts, Research and Practice. International Journal of Management Reviews, 12(1). Du, S., Bhattacharya, C. Sen, S., 2010. Maximizing Business Returns to Corporate Social Responsibility (CSR): The Role of CSR Communication. International Journal of Management Reviews, 12(1). Fifka, M., 2011. Corporate Responsibility Reporting and its Determinants in Comparative Perspective a Review of the Empirical Literature and a Meta-analysis. usiness Strategy and the Environment, 22(1). Mishra, S. Suar, D., 2010. Does Corporate Social Responsibility Influence Firm Performance of Indian Companies? Journal of Business Ethics, 95(4), pp.571-601. Momin, M. Parker, L., 2013. Motivations for corporate social responsibility reporting by MNC subsidiaries in an emerging country: The case of Bangladesh. The British Accounting Review, 45(3), pp.215-28. Sharma, Y., 2013. Role of Corporate Social Responsibility in Organizations. IOSR Journal of Business and Management, 13(4), pp.1-8. Tilt, C., 2016. Corporate social responsibility research: the importance of context. International Journal of Corporate Social Responsibility, 1(2).