Corporate Social Responsibility in Modern Business Organisations

Corporate Social
Responsibility

Table of Contents
INTRODUCTION...........................................................................................................................3
Explain the meaning and evaluate the role of CSR in modern business organisations..............3
Evaluate an organisation’s corporation tax and investment decisions in the context of its CSR
governance and reporting policies..............................................................................................5
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................7
Books and Journals ....................................................................................................................7

INTRODUCTION
Corporate Social Responsibility also known as CSR is a self-regulating model which
assist an organisation in order to become socially accountable towards their stakeholder, public
and for itself. CSR is considered as one of the most effective business practice which is
incorporated within the organisation in order to maintain sustainable development at the
competitive marketplace. In the present report, H&M is chosen as the base company which
comes under retail-clothing sector (Flammer, 2015). It is a Swedish Multinational organisation
which provide Fast-Fashion clothing for women, men, children and teenagers. H&M was
founded in the year 1947 which was incorporated by Erling Persson, headquarter was located in
Stockholm, Sweden. The present essay will be focusing on the understanding on the topic of
CSR with an examination of relationship between CSR policies and the business organisation. In
addition to this, it will also includes furthermore discussion on the analysis of corporation
taxations as well as investment decisions in reference to the CSR policy.
Explain the meaning and evaluate the role of CSR in modern business organisations
CSR or Corporate Social responsibilities considered as a self-regulating organisational
model which might help in creating business entity accountable towards their customers and
stakeholder, which leads towards the growth and smooth running of the business functioning.
The main aim of implementing CSR activities and practices is to gain various positive results at
the competitive marketplace which are positive in nature rather than negative. It has been
analysed that the CSR activities not only focuses on environmental, social and economic
elements but also examine the expectations and needs of their potential stakeholder which are
associated with the organisation. In addition to this, it is said that this is a concept which needs to
be taken into consideration by the managers of the company as it highly affects the overall
business functionality in a positive manner (Grayson and Hodges, 2017). With the help of being
socially active, different business organisations can easily enhance their reputation at the
competitive marketplace. Therefore, it is very essential for the business organisation to adopt
CSR business model which help in fulfilling social purpose of the entity. In the present context
of H&M, it has been said that this is a business organisation which is social responsible from last
few years which help in enhancing the quality of life as well as living standard of the
communities.