Coporate social responsibility Article Example | Topics and Well Written Essays - 750 words

Coporate kind responsibility - Article ExampleSrinivasan, in her article, emphases it is the responsibility of any barter environment stakeholders to address the financial problems in the business environment of the developing economies, particularly in India. She notes that, in India, the key actors include the government, civil society, and the target businesses. However, Srinivasan notes that it is essential to examine distinct roles of each of these stakeholders. In discretion the roles of each stakeholder, Srinivasan citesthesignificance of evaluatingsocial, honourable, and environment challenges that have significantly changed the tradition upon which business is understood in India especially the way it is taught in business schools (Srinivasan, 2012 pg. 104). Thus, this article examines how ethical and social factors have affected the Indian business environment and the ways it can be improved. The Indian corporations are indulging in fields including fostering and healt h with innovative and sustainability ideas towards delivering affordable and scalable products into the market. In other words, the incorporation of new techniques and ideas of addressing social and ethical issues will change the nature of the business activities from the traditionalistic ways of handling business (Srinivasan, 2012 pg. 10). ... In conclusion, it is apparent that Srinivasan advocates for changes in numerous social and ethical issues in the Indian business environment in secernate to achieve the desired profitable business environment. However, these changes must be aimed at complying with the global understanding. Importantly, if India needs to improve it economy through international businesses, it must farm friendly external business environment. The external investors will only be interested in some specific factors in order to invest in India. Most of the investors will be interested in the leadership, how the Indians understand business society inter- relatio nship, the contribution of the corporate government and other stakeholders. These changes can never be achieved over night therefore, it is the dire responsibility of then stakeholders to initiate these changes within the Indian business environment. Corporate Social Responsibility Can Be productive This article is a contribution of Ruben Hernandez-Murillo and Christopher J. Martinek in an attempt to highlight the profitability of the Corporate Social Responsibility. Notably, businesses and organizations often peg their social expansions on their corporate social responsibility (CSR) (Hernandez-Murillo and Martinek, 2009 pg. 01). Hernandez-Murillo and Martinek highlights how the corporate social responsibility usually embraces a broader group of stakeholders including the employees, customers, and the entire business community. Moreover, CSR often depicts the financial responsibilities to the stakeholders. Therefore, the main role of the CSR is to maintain honored relationship thr ough giving back to the community (Hernandez-Murillo and Martinek, 2009 pg. 01). Through the article, Hernandez-Murillo and