LAW 533 Chapter Notes - Chapter 1: Corporate Social Responsibility, Business Ethics, Consumer Protection
30 Dec 2019
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Is in compliance with applicable law and consistent with international norms of. Takes into account the expectations of stakeholders; behaviour; and. Is integrated throughout the organization and practiced in its relationships. The standard offers a framework of 7 core csr subjects/issues: organizational governance, human rights. Labour practices: the environment, fair operating practices, consumer issues, community involvement and development. Academic understanding of csr: alexander dahlsrud reviewed 27 definitions of csr and noticed 5 common dimensions, an environmental component, a social component, an economic component, a voluntary dimension, a stakeholder dimension. Historical roots of csr in canada: the hudson"s bay company, in addition to pursuing conventional commercial objectives, the. Hbc took on broader social functions involving a range of stakeholders. Pg 1-5: stakeholders include a ride range of people: customers, employees, suppliers, lenders, investors, regulators, business partners, shareholders, insurers, successful firms develop strong relationships stakeholders. Another name for csr the triple bottom line.
