CORPORATE SOCIAL RESPONSIBILITY.

Running head: CORPORATE SOCIAL RESPONSIBILITYCORPORATE SOCIALRESPONSIBILITY[Document subtitle][DATE][COMPANY NAME][Company address]

1CORPORATE SOCIAL RESPONSIBILITYTable of ContentsIntroduction....................................................................................................................................2Background..................................................................................................................................2Problem Statement.......................................................................................................................3Objectives of Study......................................................................................................................3About Company.............................................................................................................................3Mission and Vision......................................................................................................................3Methodology...................................................................................................................................5Corporate Social Responsibility...................................................................................................5Corporate Social Responsibility at Deloitte.................................................................................6Analysis and Findings....................................................................................................................7Conclusion and Recommendation................................................................................................8Conclusions..................................................................................................................................8Recommendations........................................................................................................................8REFERENCES............................................................................................................................10

2CORPORATE SOCIAL RESPONSIBILITYIntroductionBackgroundDeloitte is UK based multinational firm of professional services with its headquarters foroperations in New York City in United States. Deloitte is among the big four firms of accountingwhich offers financial advisory, enterprise risk, consulting, tax and audit. Since the company isworking to sustain its position at the top level in whole world. Members of Deloitte helped thesections of society, people and clients to attain the goals which are remarkable and solve theproblems which are complex and make the progress which are meaningful. Figure 1 Global Revenue of Deloitte

3CORPORATE SOCIAL RESPONSIBILITYThis report will analyze the CSR activities of the organization and will also provide therecommendation regarding CSR activities which should be implemented by Deloitte to have apositive effect on the environment, communities, employees and consumers, as well as to behaveethically with the customers and the society and follow spirit of law.Problem StatementThe problem statement for this study is to examine the activities of Corporate SocialResponsibility of Deloitte and to recommend the ways in which it can improve thoseresponsibility.Objectives of StudyTo identify the awareness level regarding the activities of Corporate SocialResponsibilityTo recognize challenges faced by Deloitte while implementing the Corporate SocialResponsibility.To identify the time consumed for activating the CSR program.About CompanyMission and VisionDeloitte aspires to be benchmark for Excellence and the first choice for every talent and client.The culture of Deloitte distinguishes the core principles which are succinctly described by sharedvalues which are timeless.IntegrityFor Deloitte, nothing is significant that their reputation as well as the behavior with high integritylevel. They demonstrate high commitment to responsible and sustainable practices of business.

Running Head: CORPORATE SOCIAL RESPONSIBILITY
Corporate Social Responsibility
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CORPORATE SOCIAL RESPONSIBILITY 2
Recently, Wells Fargo was condemned for creating accounts without the knowledge of its
client. Such scandal suggest that the company does not adhere to key concepts of corporate
social responsibility as suggested by Aguinis & Glavas (2012), who postulated that CSR is based
on the idea that business people make decisions that go beyond the strictly economic, technical
or legal and must review their strategies accordingly.
CSR, according to Aguinis & Glavas (2012), is defined as a business approach that goes
beyond strictly economic goals to include social and environmental goals. Wells Fargo is
exercising the elements presented in agency theory whereby the company is expected to focus
only on the shareholder value. This is evidenced by the fact that the company created accounts
without client’s knowledge. Such act violates the social responsibility (Aguinis & Glavas 2012).
Currently, companies are expected to adjust to modern changes in their corporate responsibilities
and stop justifying immoral behavior by strict compliance with the law or internal procedures, by
the geographical or technical limits of certain legislative texts or by a moral decorum that would
only be a smokescreen. Perhaps Wells Fargo should adopt the stakeholder theory and understand
all the key elements of corporate social responsibility
Wells Fargo does not comply will all concepts of corporate social responsibility. For
example, Bauman & Skitka (2012) revealed that making a profit at any price is not - and cannot -
be the sole purpose of businesses. Wells Fargo ought to focus on other concepts of social
responsibility related to the environment and social sphere.
To avoid such scandals in future, Wells Fargo should apply the model proposed by Van
Tonder (2006), which advises the companies and organizations to adhere to principles such as
transparency, freedom, culpability, responsibility, fairness and social responsibility. Despite the
fact that Wells Fargo’s acts are unacceptable, there is still a debate on whether the companies

Running head: CORPORATE SOCIAL RESPONSIBILITY
Corporate Social Responsibility
Student’s Name
Name of University
Author note

1CORPORATE SOCIAL RESPONSIBILITY
Table of Contents
2.1 Key theories, Evidence, Concept, and Definitions....................................................................3
2.1.1 Ethical Perspective..............................................................................................................3
2.1.2 Instrumental Theories.........................................................................................................3
2.2 Arguments and debates..............................................................................................................4
2.2.1 Benefits of managing CSR..................................................................................................4
2.3 Frameworks...............................................................................................................................5
References........................................................................................................................................5

2CORPORATE SOCIAL RESPONSIBILITY
2.1 Key theories, Evidence, Concept, and Definitions
2.1.1 Ethical Perspective
Wells Fargo was held responsible for the creation of multiple fraud savings and fake
accounts without the permission or approval of the clients. The company was fined $185 million
by Consumer Financial Protection Bureau. It could thus be understood that the company did not
fulfill its corporate responsibilities for economic growth of the nation and social wellbeing. The
major theories of CSR are aimed at doing something good for the society and gain the trust and
loyalty of customers to influence their buying behaviors (Wellsfargo.com, 2018). The agency
theory could allow the organization to improve value creation for the clients and shareholders or
investors, though the accounts are created without the knowledge of clients and this has violated
the corporate social responsibility rights. The stakeholder theory includes the organization’s
management with the management of values and ethics required to fulfill the expectations of
stakeholders and at the same time, abide by the legislations laws, rules and regulations (Brown &
Forster, 2013).
2.1.2 Instrumental Theories
The company was unable to meet the corporate social responsibilities, due to which, the
clients got infuriated and it resulted in a huge scandal. To prevent such issues and manage proper
values and ethics, Wells Fargo made sure to apply stakeholder theory to remain aligned with the
policies, principles and frameworks (Ni & Van Wart, 2015). As stated by Cheng, Ioannou &
Serafeim (2014), this has been done for the promotion of transparency openness, fairness,

Running head: WORK ORGANIZATION
Work Organization
[An Individual Essay]
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1WORK ORGANIZATION
Question: ‘The notion of corporate social responsibility is a waste of time. Decision-making
in organizations is generally done logically and ethically to achieve what should be their
primary goal: maximizing shareholders’ financial returns’.
Introduction
Corporate social responsibility (CSR) is attained when the business adopts active and
voluntary action towards economic, social and environmental developments. This is considered
as being done for taking the advantage of opportunities and establishing a market reputation.
Additionally, when the business succeed in fulfilling these three needs, the business is said to
have possessed the three different levels of the triple bottom line (TBL). The fulfillment of the
triple bottom line indicates that the business has attained the sustainability (Longoni & Cagliano,
2018). The question says that CSR is often called a waste activity to do and is a nonsense
process. There are companies who publish reports on CSR works to let the world be aware of
their social activeness. However, publishing a CSR report is also considered a waste of time.
However, this essay takes a counter stand against these beliefs. Hence:
“It is wrong to say that CSR is just a waste of time”.
The essay tries to identify whether the notion mentioned in the chosen question is true. In
serving the purpose, the essay follows an argumentative style to analyze the thesis statement
from both positive and negative aspects.
Body
CSR is believed to be a way to get involved in caring about the community, the
environment and the profit. Businesses across the globe are increasingly becoming concerned for
the social responsibility. There can be various reasons for it. It can be for just to obey the laws. It
can also be for fulfilling the demands of opinion formers, local communities, shareholders,
customers, governments, NGOs, environment, and managing risk (Ni & Van Wart, 2015).
For:-
Corporate social responsibility (CSR) is not a waste but is rather needs of the community
around the globe. This looks evident if evidence are gathered to support that CSR reduces the

2WORK ORGANIZATION
social responsibility of consumers. For example, “Plastic Collective”, a venture formed by
Louise went ahead to develop a mobile recycling machine to help the community develop the
usable items from plastics found in the garbage. The purpose behind the innovation was to
protect living animals from dying due to plastic wastes available in the seawater. It was also
thought to create financial means for the community as they could earn by selling products made
from such plastic wastes (Plastic Collective, 2018). In all these ways, “Plastic Collective” is not
just recycling the plastic wastes and preventing animals from serious consequences but also
easing out consumers’ responsibility towards the society. If CSR is just a waste practice to do,
then how it is benefitting the community, the environment and the living creature.
In Scotland, few companies are busy making roads of plastic wastes. They are giving
preference to plastic remains over the ‘Asphalt’, which is one of the common substances being
used in making of roads. Roads made of plastic wastes are much stronger compared to those
made of Asphalt (Singh et al., 2017). Additionally, it is also helping in to reduce the amount of
plastic wastes, which is increasingly growing with passing years. This innovative move is not
just good for the environment, the people and the transportation means but also for the society
who are supposed to take up the responsibility to become an active social agent.
In Mexico, there are many campaigns being run from waste management to recycling to
reduce obesity and conserve water. In addition, many awareness programs are also being
conducted to help consumers realize their responsibility towards the environment and the
society. Advertising campaigns are being used for awareness programs. There are many brands
for just one product. Consumers sometimes intentionally purchase one of such brands, which
distributes a portion of its profits to the environmental wellbeing such as protecting a jungle
(Omicsonline.org, 2018). In this way, consumers are showing their responsibility towards a
society of their interest by just having purchased the product. Some people like to donate for not-
for-profit organizations. These organizations work in distinguished interests influenced from
various social issues such as disabilities, child labor, human trafficking, critical diseases like
AIDS and Cancer and a lot more. People are actually providing a social support to those affected
from such social issues by just doing the donation (Omicsonline.org, 2018). Behind all these
scenes, consumers are to give a little or minimal effort to be the socially responsible people. Real
efforts have actually been mostly from organizations those that are active in CSR activities.

CORPORATE SOCIAL RESPONSIBILTY
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CORPORATE SOCIAL RESPONSIBILTY
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Corporate social responsibility
In a business perspective, corporate social responsibility is defined as a self-regulating
business model that can be employed by a company or any organization to enhance
accountability to the company itself, to its relevant stakeholder and public as well. Corporate
social responsibility is a tool that business organizations employ to ensure consciousness in
relation to the impact they can have on all the dimensions and aspect of society that may include
economic, social and environmentally wise. Engaging and practice of corporate social
responsibility is one of the effective ways that organizations, both profit-making and non-profit
making ones enhance society and the environment at large to avoid contributing negatively to it.
“Corporate social responsibility (CSR) is an issue of growing interest, and the reporting of
socially responsible activity is becoming more prevalent as investors, customers, and other
stakeholders demand greater transparency about all aspects of the business. As the importance
placed by stakeholders on socially responsible behaviour has increased, the attitude toward CSR
has changed dramatically over the last few decades.
According to (Polonsky & Jevons, 2009), there is a need for organizations to be
considerate on the carefulness of the activities they undertake in a responsible manner as well as
understanding how their stakeholders these activities in general. This explains what an effective
corporate social responsibility means to a stakeholder, an investor or a customer. Reputation and
organization image is a key factor that each management should consider to protect. Different
activities relating to CSR have either a positive or negative impact on the corporate reputation on
different groups of stakeholders, and this can alter the perception they have regarding a certain
organization. Stakeholders’ perception is very significant when it comes to the success of an
organization. “Corporate social responsibility has the power to influence these perceptions,

CORPORATE SOCIAL RESPONSIBILTY
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thereby contributing towards maximizing the earning potential of corporate reputation”
(Unerman, 2008)
For the recent past, stakeholders have given more attention to the issue regarding
corporate social responsibility and it’s due to this; we have been having many businesses and
organization stakeholders wanting to be associated with only the organizations that are deemed
to be socially responsible. Moreover, the companies, as well as the individual business, are
equating social responsibility with increased profitability. According to (Sprinkle & Maines,
2010) organizations and companies are being motivated to undertake socially responsible
behaviours and activities for some reasons which they can use as” window dressing”
opportunities to appease customers, stakeholders and potential investors to their firms. These
include:
1. To motivate and retains current employees
2. To enhance customer related motivations since corporate social responsibility
entices potential consumers to purchase organizations products and services
3. To enhance any potential benefits in relation to recruitment
The driving force for organizations to enhance corporate social responsibility is to entice and
encourage customers and all potential stakeholders for the above-mentioned benefits. On the
other hand, when the organizations manage to appease various stakeholder groups, it also enjoys
some positive effects resulting from the practice of cooperate social responsibility. This explains
why organizations are fast growing their concern on the aspect of corporate social responsibility.
According to (Weber, 2008) practising corporate social responsibility has in the long run been of
great importance and significance to the individual organizations in the following aspect:

Corporate Social
Responsibility

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................4
CONCLUSION................................................................................................................................7
References:.......................................................................................................................................8

INTRODUCTION
The corporate social responsibility in a company is very important to deal with the social
causes. These company can easily build the brand value and build trust among their customers,
consumers, etc. The Corporate Social Responsibility helps a company in the long run. This
concept helps the corporation to do good. The CSR play a major role in different modern
business organisation. In this report, we also discuss about the various corporation tax and
investment practices and policies which are to be followed by different companies (Nave and
Ferreira, 2019). There are also many different rules and regulation which are to be discussed and

Running head: DO CORPORATION HAVE A SOCIAL RESPONSIBILITY BEYOND OBEYING THE LAW
Do corporations have a social responsibility beyond obeying the law
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DO CORPORATION HAVE A SOCIAL RESPONSIBILITY BEYOND OBEYING THE LAW
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Do corporations have a social responsibility beyond the law
When we use the word corporate social responsibility it indicates that corporates have ethical,
virtuous, and humanitarian accountabilities in accumulation to their accountabilities to make a
reasonable return for stakeholders and obey the law. An old-style opinion of the corporation
advises that its main, if not only, accountability is to its proprietors, or shareholders (Hoi, Wu &
Zhang, 2013). Though, CSR necessitates corporates to accept a wider opinion of its
accountabilities that comprises not only shareholders, but numerous other electorates as well,
comprising workforces, dealers, consumers, the native community, resident, public, and national
governments, ecological groups, and other exceptional attention groups (Wigley, 2008).
Cooperatively, the numerous groups pretentious by the activities of a corporation are known as
stakeholders.
It is to be believed that corporates work for some purpose and earn the profit by completing or
fulfilling that purpose. All the corporates work in some society or as a part of society, so its
operation completely influence the atmosphere of the society in which it is working, it may be
positive or negative. As all the corporate use all the resources of the society for its earning i,e
men power, technology, and material so it becomes the duty of the corporation to return some
favor to this society in the form of CSR activities. Every government of the world has fixed some
percentage of the corporates income to spend on these CSR activities (Du, Bhattacharya & Sen,
2010). But in some case it has been seen that persons nowadays have less faith in their partisan
and organizations than they obligate in years; various suppose corporate leaders to seal the
opening and in some cases, it has been seen that government is not efficient enough to solve
every problem of the society. Hence, in this case, only the corporations can recognize its social
responsibility and open their door to solve this kind of social problem. The corporate should

Running head: CORPORATE SOCIAL RESPONSIBILITY
CORPORATE SOCIAL RESONSIBILITY

CORPORATE SOCIAL RESPONSIBILITY 1
Table of Contents
Article 1...........................................................................................................................................2
Article 2...........................................................................................................................................2
Article 3...........................................................................................................................................3
Article 4...........................................................................................................................................3
Article 5...........................................................................................................................................4
References........................................................................................................................................6

CORPORATE SOCIAL RESPONSIBILITY 2
Article 1
Corporate Social Responsibility: A Strategic Advantage or a Strategic Necessity?
This article develops and draws the research related to the use and need of corporate social
responsibility by focusing on four main outcomes of it. These outcomes include strategic
necessity, strategic advantage, strategic disadvantages and temporary strategic advantages. The
author has described the same with the help of examining two Norwegian firms named as
StormWear and CoffeeHouse. This article is based on mixed methodology where the author has
collected from both sources primary as well as secondary. The author has used RBV method to
explain initiatives of CSR and employee’s performance.
Framework has been used along with literature available in this regard to suggest the CSR can
result into giving competitive advantage to an organization. This article argues that when CSR
initiatives taken by the firm proves beneficial to the employee’s performance, other firms and
organizations try to copy such initiatives. This makes such initiatives a necessity instead of
advantageous for the firms who are not willing to take such step to introduce new CSR
initiatives. This article also contributes that CSR activities are not the values that create
competitive advantages but these can also be resulted in making the relationship complex with
the leading values of the firm which in turn, tend to make competitive advantage in general
(Joyce and Brunsal 2011, 9-16).
Article 2
Investigating the relationship between corporate social responsibility and financial performance
in emerging markets
This paper aims to find out the relationship between corporate social responsibility of a firm and
its financial performance. The author has used primary research method to conduct this study by
investigating 100 index companies on Istanbul Stock Exchange (ISE) by examining their CSR
values and financial performance indicators. The author has examined relationship from 2005 to
2007 with different measurement approaches and methods. For the purpose of data collection,
sampling methods has been used by considering the financial report of 40 companies. The author