Is Corporate Social Responsibility a Myth - 620 Words

Although Vaz’s (2014, May 14) earlier paper focuses on the modern awareness of Corporate Social Responsibility (CSR), it seems to be biased, clearly avoiding the ill-effects of corporate branding of CSR, as the friendly new face of capitalism. This paper concentrates on the indirect impacts of CSR, such as increased prices on common consumer goods like organic foods, etc. In an attempt to answer a new question, â€Å"Is Corporate Social Responsibility a myth?† this paper also tries to evaluate what Poruthiyil (2013) eloquently states: Throughout their long history, business ethicists have been aware that theorizations intending to address societal goals can be rendered ineffectual when economic goals are prioritized [Arnold (2010); Marens (2010,2007); Worden (2009); Karnani (2007); Wry (2009); Hartman et al. (2003); Freeman (2000); Boatright (1998)]. Is CSR just a marketing tool? Khurana’s (2012) presentation appears to be very idealistic; he refers to Max Weber, Joseph Schumpeter and Emil Durkheim, the great social theorists, when he states that great leaders create a sense of connection and meaning to people. While idealism is always good, Lorenzo-Molo’s (2009) paper is more realistic, as she provides stark examples to submit that, CSR tends to focus on the significance of proper reporting (or communication) of a corporations do-gooder or rhetoric activities, while overlooking the back stage or hidden activities. Lorenzo-Molo’s (2009) cites Campbell to showShow MoreRelated`` Reign Of Error Is American Education For The Lives Of Our Children? Essay1247 Words   |  5 Pagesfor reform being promoted by the government and adopted by many states? What should we do to improve our schools and the lives of our children? According to Ravitch, the â€Å"crisis† concerning American education is actually a myth. 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CADBURY’S ACHIEVEMENTS IN FULFILLING NEEDS WITHIN SOCIETY The formal definition os social responsibility is managements’s obligation to make choices and take actions that will contribute to the welfare and interests of society as well as the organisation (Szwajkowski, 1986; David et al., 1979). As straightforward as this definition seems, social responsibility can be a difficult concept to grasp, because different people have different beliefs about which action improve