Corporate Social Responsibility in the United States

Introduction The United States is one of the countries that seem not to emphasize on corporate social responsibility (CSR). The American companies take long to issue reports on their corporate social responsibilities. The country does not have regulations that require all organizations to issue CSR reports.Advertising We will write a custom term paper sample on Corporate Social Responsibility in the United States specifically for you for only $16.05 $11/page Learn More Today, countries like Norway, Sweden, Denmark, and Netherlands require their companies to give CSR reports, especially the environmental report (Cecil 43). This does not apply in the United States. This paper will discuss how corporate social responsibility is considered in the United States. Additionally, the paper will discuss if the government and organizations participate in CSR and what the public think about corporate social responsibility. How CSR is considered The fact that there a re no laws that require organizations to issue CSR reports in the United States is a clear indication that the country does not emphasize corporate social responsibility. Nevertheless, many stakeholders are now calling on their organizations to issue reports concerning their corporate social responsibilities. Presently, many stakeholders consider corporate social responsibility as one of the business performance indicators (Cecil 44-47). A business that engages in corporate social responsibility is considered healthy. Consequently, business owners and stakeholders are changing their perceptions towards corporate social responsibility. Unlike in the past when Americans considered CSR as â€Å"giving back to the community†, they now use CSR to measure the success and growth of various organizations. The issue of environmental and energy conservation has become a major problem in many countries across the globe. This underlines the reason why many organizations issue environment al reports. The majority of organizations that issue corporate social responsibility reports in the United States are from the energy sector. In the reports, the companies explain the initiatives they take to conserve energy and the environment.Advertising Looking for term paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Therefore, many Americans view corporate social responsibility in terms of environmental and energy conservation (Cecil 50-52). Organizations may engage in numerous projects that help the society, but appear not to engage in CSR if the projects do not help in environmental and energy conservation. This underlines the reasons why many American companies strive to contribute to projects aimed at conserving the environment and energy. Government and companies’ participation The United States government does not engage in corporate social responsibility. The government has not come up with regu lations to compel organizations to issue annual reports concerning their corporate social responsibilities. Individual states manage their destinies, which makes it hard for the federal government to engage in corporate social responsibility. Campbell, Craven and Shrives allege, â€Å"The federal government can provide guidelines and try to push through federal laws, but this is generally fought tooth and nail by states† (577). Consequently, the federal government is unable to initiate corporate social responsibility projects due to resistance from individual states and limited financial resources. In many European countries, the citizens depend on the government when faced with challenges. Hence, the government always comes up with projects to help the society to address its challenges. However, in the United States, people do not depend on the government (McKee par. 5). The Americans take the initiative to address their problems without depending on the government. Hence, t he government becomes reluctant to engaging in corporate social responsibility. In spite of many organizations not issuing CSR reports in the United States, they engage in CSR programs. Organizations have realized that the public gauge their success based on their participation in social programs.Advertising We will write a custom term paper sample on Corporate Social Responsibility in the United States specifically for you for only $16.05 $11/page Learn More Hence, many organizations have come up with CSR projects as a way to create a good rapport with the society. Additionally, stakeholders measure the growth and success of their organizations through CSR. Hence, many organizations are now engaging in corporate social responsibility as one of the growth indicators (McKee par. 7). What Americans think about CSR Campbell, Craven and Shrives allege, â€Å"When it comes to corporate social responsibility (CSR), consumers want more than aspirational missi on statements† (558). Many Americans hold organizations accountable for their CSR projects and require the organizations to give accurate information about their CSR commitments. Americans believe that organizations that engage in social corporate responsibility programs are trustworthy and reliable. Therefore, many Americans opt to do business with organizations that they are aware of their CSR engagements. Over 82 percent of the Americans claim that they trust organizations that share information concerning CSR activities and despise those that hide their CSR activities. Additionally, many Americans agree that they prefer purchasing products that reflect the company’s corporate social responsibility initiatives. Campbell, Craven and Shrives allege that Americans consider corporate social responsibility as one of the social norms that govern organizations (559-563). Consequently, organizations that issue CSR reports are seen to uphold social norms. Organizations that r eport their CSR initiatives have a good reputation in the public. Additionally, they make substantial sales as many Americans believe that the only way to reward such organizations is by purchasing their products. Conclusion The United States is among the countries that do not emphasize on corporate social responsibility. Lack of laws that require organizations to issue CSR reports indicates that the government does not engage in CSR. Nevertheless, the demand by stakeholders and the public to know how organizations engage in CSR programs is leading to many organizations issuing CSR reports. The Americans believe that CSR is one of the organizational trustworthy and social ethics indicators.Advertising Looking for term paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Works Cited Campbell, David, Barrie Craven and Philip Shrives. â€Å"Voluntary social reporting in three FTSE sectors: A comment on perception and legitimacy.† Accounting, Auditing and Accountability Journal 16.4 (2003): 558-581. Print. Cecil, Lianna. â€Å"Corporate social responsibility reporting in the United States.† McNair Scholars Research Journal 1.1 (2008): 43-54. Print. McKee, Steve. Corporate Social Responsibility: Distinction or Distraction? 09 Aug. 2012. Web. https://www.bloomberg.com/news/articles/2012-08-09/corporate-social-responsibility-distinction-or-distraction. This term paper on Corporate Social Responsibility in the United States was written and submitted by user Jair H. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

why the Australian governem in essays

why the Australian governem in essays The Australian Government intervenes for several of reasons in the economy to address failures in the free market. The government uses various methods or intervention in order to allocate resources , the distribution of income and the economic stability. The Australian government intervenes in the economy because the free market does not always provide the most efficient allocation of resources for the economy. There are many reasons that show this, the government does this so it can provide important things that would not otherwise be provided. They do this because some necessitys and goods and services may not be provided under a pure market system. The government does this so it can look after the economy much better and sometimes better for essential goods and services to be provided by the government. A great example of this would be the defence force, it is more safer to have a defence force in the hands of the government rather than to have a system of private armies.The government also provides regulations to prevent producers from exploiting consumers with misleading information or by agreeing to raise prices. That is one way the government intervenes in the Australian economy. Secondly the government intervenes in the Australian economy is in the distribution of income. Because the free market will not necessarily provide a socially desirable or fair distribution. They do this so people are able to live so the rich dont get richer and the poor dont get poorer. The government does this through social welfare payments and progressing income tax. Therefore social welfare payments is when the government redistributes income by taxing people on higher incomes more heavily than a person earning ends meat, and this money is redistributed back into the economy to the members that dont contribute to the production process. Some examples of the social welfare payments are disability pensions,...

Despite mare liberum as advocated by Hugo Grotius, in reality High Essay

Despite mare liberum as advocated by Hugo Grotius, in reality High Seas freedoms have been diminished legally by Article 76 U - Essay Example inner seas and steadily challenging the scope and range of mare liberum or freedom of the seas. For example, Ireland ratified UNCLOS III in 1996.8 Since that time Ireland’s continental shelf consist of three zones, which are either shared with other adjacent states or expanded by agreement.9 Ireland represents the consequences of the evolving international law of the sea in which states are increasingly expanding their coastal jurisdictions to include parts of the ocean once previously regarded as the outer/high seas as contemplated by Grotius’ mare liberum concept. ... Grotius’s Concept of Mare Liberum Grotius claimed that the law of the sea was dictated by the laws of nature and as such: Every man is free to travel to every other nation, and to trade with it. God himself says this spellbind through the voice of nature...10 In other words, the open seas are a naturally ordained method by which mankind is free to travel and to trade with one another. In justifying the concept of mare liberum, Grotius argued that just as there was property that man could possess and own exclusively: ...so has nature willed that some of the which she has created for the use of mankind remain common to all...Law moreover were given to cover both cases that all men might use common property without prejudice to anyone else, and in respect to other things so that each man being content with what he himself owns might refrain from having his hands on the property of others.11 Grotius argued that natural parts of the earth have not and cannot be acquired and as such may not become individual’s property or the property of states. These parts of the earth must be used by all of mankind and by all sovereign states with no exclusive right to possession. In addition nature dictates that nothing should go to waste and as such no man or state should be at liberty to stake a claim in excess of the capacity to use it.12 Specifically, Grotius argued that air is common property and cannot exclusively be used by one person or state to the exclusion of all others. If a man or a state could exclusively claim the air, it would go to waste as it is designed for all of mankind to use. Moreover, air cannot be occupied, a primary requisite for