social

Examples of social in the following topics:

• Social Entrepreneurship

• Social Responsibility Audits

  • Social responsibility audits are a process of evaluating a corporation's social responsibility performance.
  • Social responsibility audits are a process of reviewing and evaluating a corporation's social responsibility (CSR) performance.
  • As with financial audits, social responsibility audits involve accounting processes.
  • This type of accounting originated in the early 1990s and is known by various names, including social accounting, sustainability accounting, CSR reporting, environmental and social governance (ESG) reporting, and triple-bottom-line accounting (encompassing social and environmental as well as financial reporting).
  • Social aspects considered might include worker conditions or community investment.

• Social Innovation

  • The term "social innovation" has overlapping meanings.
  • Sometimes it refers to social processes of innovation like open-source methods and techniques.
  • The act of social innovation in a sector encompasses diverse disciplines within society.
  • The social innovation theory of "connected difference" emphasizes three key dimensions of social innovation:
  • Social innovation is currently gaining visibility within academia.

• Arguments for and against Corporate Social Responsibility

  • Most arguments both for and against CSR are based on how a company's attempts to be socially responsible affect its bottom line.
  • Corporate social responsibility, also referred to as CSR, can be described as embracing responsibility for a company's actions and encouraging a positive impact through its activities on the environment, consumers, employees, communities, and other stakeholders.
  • CSR proponents may also argue for the recognition of a "triple bottom line" performance that includes not only financial returns for owners but also social and environmental benefits for the greater society.
  • Part of the critics' argument is that managers should not select social causes on behalf of a diverse set of owners.
  • Rather, CSR opponents believe that corporations benefit society best by distributing profits to owners, who can then make charitable donations or take other socially responsible actions as they see fit.

• Types of Social Responsibility: Sustainability

  • One type of corporate social responsibility focuses on three key dimensions of sustainability—environmental, social, and economic.
  • Many efforts to show corporate social responsibility, or CSR, focus on environmental, social, and economic sustainability.
  • The social dimension of sustainability addresses concerns such as peace and social justice.
  • According to common definitions, sustainability has three key dimensions: environmental, social, and economic.
  • Sustainable design of a business can be an aspect of corporate social responsibility.

• Introduction to Corporate Social Responsibility

  • Corporate social responsibility is a company's sense of obligation towards social and physical environments in which it operates.
  • Corporate Social Responsibility (CSR), also referred to as corporate citizenship or socially responsible business, is a form of corporate self-regulation integrated into a business model.
  • The interest in CSR has grown with the spread of socially responsible investing, the attention of nongovernmental organizations (NGOs), and ethics training within organizations.
  • Many organizations seek to have an even greater impact through CSR initiatives that integrate social values into operational and business strategies.
  • For example, socially responsible practices can improve employee recruitment and retention efforts, be a means of managing risk, and provide brand differentiation.

• The Financial Value of Social Responsibility

  • Evidence links socially responsible business practices to improved financial performance.
  • In this way, the shared value model takes a long-term perspective on the financial benefits of corporate social responsibility.
  • Socially conscious investors may prefer to own shares of a company that demonstrates good CSR, which can lead to higher share prices.
  • Proponents of these funds point to competitive returns for socially responsible indices, such as the Domini 400 (now the MSCI KLD 400).
  • Discuss the argument that the short-term costs of social responsibility generate long-term revenues exceeding those costs

• Types of Social Responsibility: Philanthropy

  • A company that practices corporate social responsibility (CSR) embraces responsibility for its actions and, through its activities, positively affects the environment, society, consumers, employees, communities, and other stakeholders.
  • Companies engaging in philanthropic CSR can then use those results to measure the impact of their own efforts to support social causes.

• Differences in Status

  • Among the many organizational and individual factors that can influence the effectiveness of business communication, social status is one of the most challenging to address.
  • Social status refers to the relative rank or standing that an individual has in the eyes of others.
  • There are two elements of social status—those attributes we are born with and those we achieve.
  • Employment and occupation are primary factors in social status, and one's role in an organization is especially relevant within the boundaries of that organization.
  • To many, social status is an indicator of credibility and legitimacy, and this effects how seriously others take what one communicates.

• Types of Social Responsibility: Ecocentric Management

  • According to the ecocentric model of CSR, environmental protection and sustainability are more important than economic or social benefits.
  • Corporate social responsibility, also referred to as CSR, can be described as a business's efforts to assume responsibility for its actions and to encourage a positive impact through its activities on the environment, consumers, employees, communities, and other stakeholders.
  • It values environmental good above economic or even social benefits.
  • Explain the concept of ecocentric corporate social responsibility and how it relates to other forms of CSR