Corporate Social Responsibility Analysis

This article discusses the principles, processes, and outcomes of corporate social responsibility analysis. It covers topics such as environmental assessment, stakeholder management, and social policies.

Running head: CORPORATE SOCIAL RESPONSILIBITY ANALYSIS
Corporate Social Responsibility Analysis
Name of the Student
Name of the University
Author’s Note:

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CORPORATE SOCIAL RESPONSIBILITY ANALYSIS
Table of Contents
The Principles.............................................................................................................................2
Principle of Institutional Legitimacy.....................................................................................2
Principle of Public Responsibility..........................................................................................2
Principle of Managerial Discretion........................................................................................2
The Processes.............................................................................................................................3
Environmental Assessment....................................................................................................3
Stakeholder Management.......................................................................................................3
Issues Management................................................................................................................3
The Outcomes............................................................................................................................4
Social Impacts........................................................................................................................4
Social Programs.....................................................................................................................4
Social Policies........................................................................................................................5
References..................................................................................................................................6

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CORPORATE SOCIAL RESPONSIBILITY ANALYSIS
The Principles
Principle of Institutional Legitimacy
The particular technology that I will be developing will be properly welcomed by the
society since it would be identifying all the important and significant risks in any project.
There are several vital categories of risks. These are mainly security, commercial, legal or
regulatory, finance and safety (Schwartz 2017). Each of these categories is extremely vital in
terms of a project and can be explained by a risk management plan. It is my CSR or corporate
social responsibility to check all the features perfectly and properly. This is considered as the
principle of the institutional legitimacy.
Principle of Public Responsibility
The second important principle for CSR or corporate social responsibility is the
principle of public responsibility. As per this particular principle, the management issues of
any organization should focus on the several social issues or problems. This is a significant
approach on the basis of systems. The benefits of my project are much greater than the
several risks identified within it (Tai and Chuang 2014). All these risks could be extremely
dangerous for any specific project or organization. However, the benefits of the public
responsibilities are way better than the mentioned risks. These benefits can easily help out all
the people involved in the society and thus my corporate social responsibility is well
executed.
Principle of Managerial Discretion
The third principle of the corporate social responsibility is the principle of managerial
discretion. My work as well as my behaviour is ethical and social responsible for the
corporate social responsibility. It emphasizes on the corporation’s relationship for the entire

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social, ethical and the political environment (Carroll 2015). The managers of the project must
exercise some of the important discretion for achieving social responsibilities. If my work or
behaviour is not ethically correct, it is evident that my corporate social responsibility is not
executed properly and thus I would become unethical.
The Processes
Environmental Assessment
The processes of any project refer to the various procedures or actions that are
executed for bringing out perfect outcome within the project. The surrounding environment
should be assessed perfectly and hence all the doubts related to this assessment is checked
eventually (Cheng, Ioannou and Serafeim 2014). As per my project of risk management
planning, I have asked the correct questions for the perfect execution of the project. These
questions have helped me in assessing the environment properly.
Stakeholder Management
The stakeholders refer to those people, who are directly related to the project or is
concerned about the project. The shareholders, business analysts, project managers and
clients are known as the stakeholders of a project. These stakeholders should be properly
managed in any project so that there exists no issue of stakeholder management problem
(Crane, Matten and Spence 2013). In my project, I have asked the right questions to the right
people. I have clarified all of my doubts related to risks to the respective stakeholders and
thus I was successful in managing the stakeholders properly.
Issues Management
Any project becomes successful only when the challenges or issues had been
managed properly within it. These issues or problems often become major issue for the

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project. In my project, I had provided proper risk treatment strategy for each and every risk
provided. Moreover, the treatment strategy is also been described in my project (Servaes and
Tamayo 2013). For example for the risk category of security, the strategy that I had given is
avoiding and for this purpose, proper utilization of system firewalls and antivirus software are
required for protecting the system from any type of external attack. The major resource here
is the defence software. The owner of the risk is network engineer. Since, I had perfectly
stated the mitigation strategy for this risk; I had well managed all the issues.
The Outcomes
Social Impacts
I had mentioned some of the most important and significant software and services in
my project. The major software and services are firewalls, antivirus, cloud services, up
gradation of hardware and many more (Schwartz 2017). All of these above mentioned
software and services will be extremely beneficial and advantageous for the project or
organization or society, since it would be reducing the complexities of protecting the security
to a greater level. Moreover, these software and services are extremely cost effective and thus
the organization or business will not be facing any type of financial crisis within their
business.
Social Programs
The software or services that I had mentioned should be relevant to the legislation and
should also meet the compliance requirements and needs. I had provided various software
and services in this business or society. The most important and significant software or
services that I had mentioned earlier are antivirus, firewalls, cloud services and many others
(Tai and Chuang 2014). All of these above mentioned software and services are extremely

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legal and also meet the compliance needs and requirements. Since, these are absolutely legal
and ethical, my CSR or corporate social responsibility is not disturbed.
Social Policies
The social policies refer to the various policies that help up any business or project in
fulfilling their business objectives and also maintaining the legal and social rights. In my
project of risk management planning, I had utilized all my knowledge and skills in
understanding the project properly. I could then easily take up my knowledge in to the
community for the purpose of enhancement of the reputation of my organization and thus
supporting the specific community where my organization is operating or working. These
would be my exclusive social policies and would eventually help me out in executing my
corporate social responsibility.

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References
Carroll, A.B., 2015. Corporate social responsibility. Organizational dynamics, 44(2), pp.87-
96.
Cheng, B., Ioannou, I. and Serafeim, G., 2014. Corporate social responsibility and access to
finance. Strategic Management Journal, 35(1), pp.1-23.
Crane, A., Matten, D. and Spence, L., 2013. Corporate social responsibility in a global
context.
Schwartz, M.S., 2017. Corporate social responsibility. Routledge.
Servaes, H. and Tamayo, A., 2013. The impact of corporate social responsibility on firm
value: The role of customer awareness. Management science, 59(5), pp.1045-1061.
Tai, F.M. and Chuang, S.H., 2014. Corporate social responsibility. Ibusiness, 6(03), p.117.