Is It Justified for orporations to Promote Stakeholder Involvement and Essay

Is It Justified for orporations to Promote Stakeholder Involvement and Public Good Objectives - Essay Example CSR also involves the relationship of the organization with its key partners: place of work, supply chain, public policy, and community.1 Firstly, a three dimensional terminology has been used to aid in the definition of CSR. This definition involves three diversified concepts of CSR: altruistic CSR which entails the organizations having the responsibility of acting and living while observing the interest of other people. The second dimension reviews ethical CSR which embeds an organization avoiding social injuries and harm to others as it conducts its operations. The final dimension is strategic CSR which incorporates the actions an entity engages in that translate to its benefit and also the benefit of its stake holders. To a greater extent, the discussion in this paper will be more anchored to reviewing the strategic dimension since the paper aims at reviewing to what extent a corporation should engage in maintaining public good though this move is against the interest of the stak eholders.2 Evidence reveals that CSR has its origins and can be traced back to the United Kingdom with reference to factors that make the UK acquire a leadership role. To begin with, UK has a colonial past especially in the African countries and has a viable international position necessitating its anchor in CSR activities. Consequently, UK serves as the headquarters for a great number of accountancy firms especially those bestowed with CSR embedded in the extensive journalistic expansion in the country. Subsequently, UK felt the prime impact of industrial revolution in the eighteenth century and thus experienced the first privatization of industries thus necessitating the need for early involvement in CSR. In addition, UK has spearheaded majority of the non-governmental community projects and aided in the shape of Shell and Unilever with the aid of Anglo-Dutch drivers. All these factors have worked in unison to give the UK a comparative advantage as far as CSR is concerned.3 CSR ha s also been defined as incorporating financial reporting of organizations to the relevant stakeholders. 4 The history of disclosing information currently being referred to as CSR has been documented to have existed in the UK since 1900s with reference to Hardfield’s Limited.5 The disclosures in these company included issues dealing with government policy, commercial responsibility, armaments, and professional responsibility to relevant stakeholders. However, the difference was in the quality of information disclosed with the current information being disclosed in the CSR being of a higher quality. This has led to the documentation of the importance and motivations of companies in the UK to engage in disclosures not only with the aim of informing their stakeholders. Disclosure informs the public of the activities of the organization, organizations also derive CSR positive public relations from disclosing and also to meet the disclosure requirements as stipulated by the stakeho lders. Also, disclosure illustrates if employees are tailored to meeting the company’s target and to show that organizations abide by the regulations of CSR. Disclosure also reveals to stakeholders the importance of other non-financial activities that an organization engages and thus a

Federal Policy Essay Example | Topics and Well Written Essays - 250 words

Federal Policy - Essay Example They often use emergency services because of the active act existing in the Labor act of 1986 that allows them to use emergency medical treatment. It has been noted that many undocumented immigrants are overrunning medical institutions because they are unable to pay their hospital bills. Healthcare end up uncompensated and this end up creating a threat to the viability of the hospital financially crippling its ability to provide care to other patients (Derose, Bahney, Lurie, & Escarce, 2009). The illegal immigrants create a burden to the United States economics in healthcare sector. The question remains whether it is an ethical and a moral responsibility for the United States government to the people regardless of whether they are legal citizens or illegal citizens. As this debate surrounding the issue of immigration continues being one of the major issues on the discussion, it is challenging to measure it. These concerns will make individuals examine the issue keenly and closely so that potential solutions can be identified. A possible solution that can be put forth to illegal immigration is Amnesty. Amnesty will allow any undocumented individuals to remain within the United States without any penalty. This solution will aim at providing green cards for all immigrants who are in the United States so that they can also play a role in building the country in different ways mostly economically. Derose, K. P., Bahney, B. W., Lurie, N., & Escarce, J. J. (2009). Review: Immigrants and Health Care Access, Quality, and Cost. Medical Care Research and Review, 66, 355–408.