CSR in Practice Flashcards

1
Q

how much growth have frameworks and codes made?

A

15 years - rapid expansion
Inter-government - worried companies were gaining too much control
companies are keen for guidance on what they should be focusing on

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2
Q

Strengths of Codes and by who?

A

Jenkins 2001
provides opportunities for collaboration and innovation
represent a formalised and informed way

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3
Q

Weaknesses of codes

A

companies only pick best code that suits their companies

do not fit into all contexts and processes

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4
Q

Name two of the global eight and what are they?

A

Global reporting initiative: independant standards organisation that helps businesses understand their social impact
AccountAbility 1000’s: international professional institute dedicated to businesses understanding their social impact

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5
Q

What strategies exist for involving employees in responsibility practices?

A

responsibility employment practice

employee csr champions

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6
Q

Advantages and disadvantages of stakeholder engagement?

A

ad: ties employees to csr and company identity, increases morale and links to local community
dis:soft csr with limited impact on core business activity
manipulation of staff

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7
Q

Negative events that have occured in csr

A

Tim Nicholson

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8
Q

What is stakeholder theory

A

increasingly regarded as one of the touchstones of good corporate management
other practices included in the companies operations
the definition of stakeholder is widely contested miles 2012

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