Corporate Power and Social Responsibility : Issues in the Theory of Company Law

Parkinson, John E.

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Parkinson, John E.
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In this important new study John Parkinson rejects the theory that the "internal affairs" of corporate organizations should be insulated from regulatory intervention and argues that a function of company law is to promote the public interest. He examines a number of topical and controversial issues from this perspective including the separation of ownership and control, corporate governance, and the role of markets in controlling management behavior. The book also explores the protection of interests largely ignored by company law such as those of employees and the local community and suggests new areas for reform.Parkinson, John E. is the author of 'Corporate Power and Social Responsibility : Issues in the Theory of Company Law', published 1994 under ISBN 9780198252887 and ISBN 0198252889. here at ScottishPower. The General Corporate Responsibility Policy sets out the basic principles and general framework of action for managing Corporate Social Responsibility practices undertaken by the Company and the Group ... Theories of CSR - Project Guru ... .. The policy is further developed and supplemented by various Social Responsibility Policies addressing the specific needs ... to explain how and why business might undertake CSR -stakeholder theory, social contracts theory and legitimacy theory. The article concludes by describing ways of assessing corporate social performance - from industry and also from the academic literature. The need for companies to undertake activity that might be regarded as socially respon ... Corporate Power and Responsibility: Issues in the Theory ... ... . The article concludes by describing ways of assessing corporate social performance - from industry and also from the academic literature. The need for companies to undertake activity that might be regarded as socially responsible has been discussed in the literature and ... discretionary expectations. In addition to making a profit and obeying the law, a company should attempt to alleviate or solve social problems. This view is commonly advocated through stakeholder theory. This theory maintains that corporations should consider the effects of their actions upon the customers, suppliers, general public, Theory and Practice of Corporate Governance explains how the real worldof corporate governance works. It offers new definitions of governance and new conceptual models for investigating governance and corporate behaviour, based on both practical experi-ence and academic investigation. In examining the historical development of corpor-ate governance, it integrates issues of company law ... corporate social responsibility (CSR) is an integrative management concept, which establishes responsible behavior within a company, its objectives, values and competencies, and the interests of stakeholders (Meffert & M√ľnstermann, 2005). Companies that consistently demonstrate ethical behavior and social responsibility generate better results (Carroll, 1989). Business ethics Ethics are codes ... The concept of corporate social responsibility is now firmly rooted on the global business agenda. But in order to move from theory to concrete action, many obstacles need to be overcome. A key challenge facing business is the need for more reliable indicators of progress in the field of CSR, along with the dissemination of CSR strategies ... Thus, convergence is a limited concept, and its journey has so far been slow-paced and seems far from attaining any universal uniform code. 50 The difficulty further mystifies with the ever expanding contours of corporate law extending to social responsibility, democratisation, corporate citizenship, running into an indefinite list. 51 The present practice of corporate social responsibility (CSR) has been depicted and informed by three CSR theories: The stakeholder theory of CSR. The business ethics theory of CSR. And the shareholder value theory of CSR. The stakeholder theory of CSR. Since the 1990s' the stakeholder theory has become famous as a direct alternative and challenge to the shareholder value theory (Freeman ... Companies engage in corporate social responsibility (CSR) when they confer benefits on the communities located in or near where they work which are neither required by law nor an integral part of their primary, profit-oriented operations. Consider the mining company which offers to build a road between its landing strip and a neighbouring community in order to boost local tourism businesses ... The Corporate Social Responsibility (CSR) field presents not only a landscape of theories but also a proliferation of approaches, which are controversial, complex and unclear. This article tries to clarify the situation, "mapping the territory" by classifying the main CSR theories and related approaches in four groups: (1) instrumental theories, in which the corporation is seen as only an ... Company Law in Context is an ideal main text for company law and corporate governance courses at both undergraduate and postgraduate level. In this sophisticated book, David Kershaw combines ... Ethics in Corporate Social Responsibility Kh. Tomba Singh1, M ... Responsibility involves as concept and the reason that encourage company in India to be socially responsible. Keywords-Corporate Social Responsibility, Economic growth, GDP, Amenity, health. I. Introduction In any organization, from the top management to employees at all levels, ethics is considered as everybody's business. It ... Business' approach to corporate responsibility, grounded in stakeholder theory, s...