Examining Social Responsibility: Legal Framework and Corporate Conduct

This essay examines Corporate Social Responsibility (CSR) within a legal context, highlighting its importance in managing social and environmental concerns. It discusses key elements of CSR, such as philanthropy, environmental efforts, volunteering, and ethical practices, and explores the relationship between CSR and corporate behavior, emphasizing ethical, legal, and moral responsibilities. The essay references initiatives promoting corporate responsibility and discusses Joel Bakan's documentary on corporate behavior. Ultimately, the essay concludes that CSR is crucial for fostering ethical corporate conduct and contributing to societal welfare, supported by legal frameworks and various initiatives for organizational growth and community advancement. Desklib provides access to similar essays and resources for students.

Social Responsibility

Table of content
INTRODUCTION...............................................................................................................................3
MAIN BODY.......................................................................................................................................3
CONCLUSION....................................................................................................................................6
REFERENCES....................................................................................................................................6

INTRODUCTION
In today’s time it is important to manage all the rights of individuals and their
properties. Law considers to be the most important source through which regulations of all
the in corporations and organisations can be managed. Business law considered to be a key
element through which companies used to focus on effective working by implementing
proper procedure and methods. There is being seen as it is important to follow social
responsibility and welfare along with all the moral and ethical conduct and behaviour. CSR is
an important approach which is being practised in order to create a positivity in the society
and also to generate a corporate behaviour in the individuals (Calveras, and Ganuza, 2018).
This essay will cover the corporate personality along with the behavioural approach and the
role of CSR with their significance.
MAIN BODY
Corporate social responsibility (CSR) is an important integration through which all
the social and environmental concerns are being taken place. This is an
effective business practice which helps in interacting for the welfare of the company with the
help of stakeholders. This implements out smooth functioning through which shareholders
and stakeholders can manage effective strategy for their business and can also help the person
in need. It promotes the strategies of charity, sponsorship along with it focus on making
the business to effectively practice all the ethical standards (Kapelko, Lansink, and Stefanou,
2021). Their main aim is to reduce poverty and also to strengthen the enhancement of global
areas along with the relations in the companies and general organisational terms. This
promotes the moral and ethical working nature.
In CSR there are some important key elements which are needed to be focused as it
emphasises on eco-efficiency, environmental management, stakeholder engagement,
responsibilities of sourcing areas, labour standards, community relations, surplus working
conditions, social equity, human rights, anticorruption measures etc. all these helps out in
gaining the capital in management along with it helps to focus on profitability for the poor
sector of the society. They try to provide best and optimum quality of services and also
generate increment of sales through different low operational cost (Krishnamurti, Shams, and
Velayutham, 2018). Their main aim is to gain loyalty of customers and also to manage
effective programs and decision-making methods. The most important practice laid out
in corporate responsibilities are like, firstly Philanthropy This is generally an organisational

is practice in which company used to focus on donating charity and money which they had
earned in profit in order to make the society better and also to provide all the facilities and
services to the individuals were not being able to gain it by themself. It also promotes the
initiatives in which they try to expand their business with local communities so as to help
them to expand the culture and business expects to manage their standard of living and
enhancement in the society.
Secondly, Environmental efforts are an important concern in CSR as the focus in sustainable
and global development and also try to manage reduction of use of plastics, pollution and
along with that global warming. They try to make different programmes and expects through
which they can create awareness among the people regarding pollution and its side-effects
and also take measures so as to create an eco-friendly environment by providing services and
products which are recyclable (Uhlig, Mainardes, and Nossa, 2020). Thirdly Volunteering is
also a key element of CSR where locals which are generally being participating in all the
good deeds are being considered. The main aim of volunteers is to provide all the facilities to
the aggrieved and the community in need by concerning for the social cause and also by
generating surplus amount through which they can help in the betterment of the backward
society and also for the people who are in need. The focus on poor people and also try to
motivate young people’s other than that the society to do donations and charity for such
people.
Lastly, Ethical practice Which provides the focus on code of conduct through which
a positivity in the environment is being created. The organisation tends to make their
employees to focus on non-discriminatory policies, moral behaviour in their working
procedure, following all the law and order, gaining trust and loyalty, equal treatment. There is
being seen that CS our promotes ethical practice as this helps out to make the organisations to
work for the betterment of the society and also to generate standard of living by gaining
loyalty.
The most important relation that is being seen between CSR
and corporate behaviour are mainly that Corporate social responsibility focus on managing
ethical and moral practice in business and also lead to betterment and welfare of society.
Whereas corporate behaviour Manage all the ethical and legal rules which conducts the social
responsibilities through which CSR is being implemented. Corporate behaviour manages
friendly relations with all the stakeholders and the corporate personalities in the companies.

Are used to focus on the growth and expansion of the organisation and also provide relations
between the shareholder and stakeholders as a major aim is to manage growth of economy
and balance between all of it. Corporate behaviour and CSR are majorly being interconnected
with each other as it considers to have ethical practises, rules, legal and moral behaviours and
responsibilities with economic values. They try to focus on managing relations between the
stakeholders and companies in order to formulate a proper business and also to manage
ethical and moral conduct with the legal aspects to change the society. Corporate behaviour is
an important application and are interlinked with CSR and immediately focus in helping the
stakeholders and shareholders to provide moral attitude and enhancement for the better
decision economy. It has for the improvement in growth of the country and also in the
expansion of society.
As according to Harvard kennedy school M-RCBG Program there is being seen that
they had promoted different initiatives in order to enhance the corporate responsibilities for
the general public rule and also to manage corporate governance and practises
in business with accountability. They involve corporation, public policies, fundamental issues
with government and also generates the corporation’s ideas. Their main aim is to focus on
different policies and sectors in order to promote the operate social responsibilities they are
like financial sector, education policies, growth policies and other sustainable development.
These policies try to manage ethical and moral practises for CSR and also try to provide
increased economy with the betterment of society (Wu, Li, Gou, and Gu, 2017). There is
being seen advancement and Sustainable development through which different technological
aspects are being made and they also try to make innovation through their policies so as to
regulate concerning areas of CSR in the society and also to remove the obstacles in private
and public sectors. Their main focus is to work for intellectual sources and global resources
and regions.
As Joel Bakan of University of British Columbia has given a documentary about
Corporations in which he has tried to focus and emphasised on the important questions which
are being seen for the enduring concerns and viability regarding the corporation. They try to
manage and provide growth and advancement in production through which all the emphasis
on the societal areas is being characterised. There should be given important areas of concern
through which public goods in the corporate structures are being carried out and they also try
to manage effective organised settings with production of general welfare and programme.
He also focused in his documentary about the interpretation for the development in all

the legal entity and general characters which are being instituted in the public function
(Youn, Lee, and Lee, 2018). He provides the growth and the use of CSR in the Corporation
along with it he also focused in his documentary about the corporate social behaviour and its
importance for the public and the growth of ethical and moral rules. Just let out to promote a
welfare and also the organisational segment through which implementations are being carried
out.
CONCLUSION
It is concluded from the above essay that law is an important amount for all the
society and individuals and business law helps in managing the corporations in an effective
manner as it provides a smooth functioning with a procedural aspect. There is being seen
that corporate social responsibility helps in concerning the environmental and social concerns
and issues and also provides major key elements like philanthropy, environment, ethical etc.
The important link between CSR and corporate behaviour used to focus on economic, legal,
ethical and general cultures and welfare. Professor Joel Bakan Focus in his documentary
about the corporation and their behaviour in CSR. Furthermore, it is also concluded that there
are different initiatives which are being taken place for the growth and expansion for the
organisation is regarding the private and public sectors and also to manage the communities
and regions with General advancement.
REFERENCES
Calveras, A. and Ganuza, J.J., 2018. Corporate social responsibility and product
quality. Journal of Economics & Management Strategy, 27(4), pp.804-829.
Kapelko, M., Lansink, A.O. and Stefanou, S.E., 2021. Measuring dynamic inefficiency in the
presence of corporate social responsibility and input indivisibilities. Expert Systems
with Applications, 176, p.114849.
Krishnamurti, C., Shams, S. and Velayutham, E., 2018. Corporate social responsibility and
corruption risk: A global perspective. Journal of Contemporary Accounting &
Economics, 14(1), pp.1-21.
Uhlig, M.R.H., Mainardes, E.W. and Nossa, V., 2020. Corporate social responsibility and
consumer's relationship intention. Corporate Social Responsibility and
Environmental Management, 27(1), pp.313-324.
Wu, Y., Li, H., Gou, Q. and Gu, J., 2017. Supply chain models with corporate social
responsibility. International Journal of Production Research, 55(22), pp.6732-6759.
Youn, H., Lee, K. and Lee, S., 2018. Effects of corporate social responsibility on employees
in the casino industry. Tourism management, 68, pp.328-335.