Suchergebnisse

CSR is the managerial compulsion to defend and enhance both the welfare of society as a whole and the interests of the company. So, this study is an examination of the competitive advantages of CSR practice. This study is based on two theories; stakeholder's theory, which states that companies have essential groups that need to care of and the iron law of CSR, which states that companies that become failure to utilize their power responsibly will lose it in the long run. Reviewing prior studies it was found that a number of benefits proliferate to companies that practise CSR; numerous advantages were recognized. Among these others consist of: improved brand and reputation, decline in operation costs, attracting new customers, balances power with responsibility, discourages government regulation, improves a company's image, promote profits, superior relations with the investment groups and easier access to capital, improved employee relations, efficiency and innovation and stronger relations with society through stakeholder involvement. This paper concludes that there is a greater chance to be benefitted initiating CSR actions. Thus, it suggests that companies should try to provide due attention to CSR and this practice needs to consider as a continuous process.

Contrary to output and employment statistics, mechanization and artificial intelligence has always been viewed as threats to job security. Modern industrial robotization with worker replacement raises unemployment, yet there is evidence of its reduction. This book shows how, despite inevitable robotization and job loss, new trades and professions will emerge, just as in the previous three revolutions, in all sectors of goods, services, and the military. However, current publications confront them with the technological trend of the twentieth century, company activity, and its effect on the future labor market. Statistically, highly qualified organizations and employees adapt quickly. Negative implications include loss of low-skilled worker competitiveness, loss of union bargaining power, increased gender pay gap, and wider gap between high-tech industrialized and undeveloped countries. It is concluded that immediate improvements are required in educational programs, labor reforms, and financial reforms. Less developed countries will continue to fall behind unless they reform their economic policies innovatively and pragmatically.