-i.e. the voluntary integration of social and environmental concerns in their companies' operations and in their interaction with stakeholders (European Commission, 2001). ... By concluding contrary surveys over corporate ethics and business consequences, Paine (2003) concluded that "whether or not investors themselves [were] are directly concerned about corporate conduct, they recognize[d] that others' concerns can translate into financial consequences for the companies they invest in". ... SRI developed a modern form of investing strategy by incorporating "environmen...

• Word Count: 1081
• Approx Pages: 4
• Grade Level: Graduate

Corporate social responsibility is the organization's commitment to run in an environmentally and economically sustainable manner while simultaneously acknowledging the interests of its stakeholders, that is, consumers, shareholders, employees, community, government and the environment. ... The Department can commence this by reviewing the current code of ethics of the company and consequently develop a code of conduct that is integrity-based. Such kind of code of ethics is focused on preventing unwanted behavior, such as illegal acts. ...

• Word Count: 1760
• Approx Pages: 7
• Has Bibliography
• Grade Level: Graduate