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Social responsibility is an ethical concept in which a person works and cooperates with other people and organizations for the benefit of the community. [ 1 ] An organization can demonstrate social responsibility in several ways, for instance, by donating, encouraging volunteerism , using ethical hiring procedures, and making changes that ...
Controlling behavior in relationships are behaviors exhibited by an individual who seeks to gain and maintain control over another person. [ 1 ] [ 2 ] [ 3 ] Abusers may utilize tactics such as intimidation or coercion , and may seek personal gain, personal gratification , and the enjoyment of exercising power and control. [ 4 ]
The term "shared value" is found in Porter and Kramer's (2006) article, "Strategy and society: the link between competitive advantage and corporate social responsibility" and was a development by Porter of previous thinking on business strategy. [15]
Relationship maintenance (or relational maintenance) refers to a variety of behaviors exhibited by relational partners in an effort to maintain that relationship.Scholars define relational maintenance in four different ways: [1] to keep a relationship in existence, to keep a relationship in a specified state or condition, to keep a relationship in a satisfactory condition, and to keep a ...
ISO 26000 is a set of international standards for social responsibility.It was developed in November 2010 by International Organization for Standardization.The goal of these standards is to contribute to global sustainable development by encouraging business and other organizations to practice social responsibility to improve their impacts on their workers, their natural environments and their ...
The evidence toward a relationship between consideration for ESG issues and financial performance is becoming greater and the combination of fiduciary duty and a wide recognition of the necessity of the sustainability of investments in the long term has meant that environmental social and corporate governance concerns are now becoming ...
Social partners have a vital role to play in reaching out to workers and owners of enterprises and in particular those of SMEs and the informal economy, and in general, increasing the representation of their membership to ensure deeper and broader benefits of association, representation and leadership, including in the field of public policy advocacy, its formulation and implementation.
Friedman introduced the theory in a 1970 essay for The New York Times titled "A Friedman Doctrine: The Social Responsibility of Business is to Increase Its Profits". [2] In it, he argued that a company has no social responsibility to the public or society; its only responsibility is to its shareholders. [2]