The debate remains among companies' managerial executives, shareholder, financial institutions and other third party stakeholders. ... Third, CSR provides opportunities for greater innovation resulting in the creation of intangible resources which can be combined by capable managers to yield competitive advantages (Hull & Rothenberg, 2008; Surroca et al., 2010). ...
Now a days it seem as if every time someone opens a newspaper or reads the latest news update online, another corporate scandal has occurred. It's nothing new that companies and their executives are being charged with falsifying their earnings or financial documents for personal gain, but what is being done to prevent it? Although it may seem like these accounting scandals happen all the time, people fail to realize there are huge laws set in place to prevent these type of scandals from happening. One of the largest and most influential of these laws set in place to prevent falsified fina...
Forester- Miller and Davis (1996) states that one should first identify the problem and gather adequate and relevant information about it to know its nature, assess the issues associated with the problem including all the parties involved, consider relevant ethic codes that may guide in making the decision to avoid the violation of the codes of ethics, look into the responsible laws and regulations and determine their influence on the problem, seek views from various sources to come up with the best way to deal with the problem, making record of the received suggestions, integrate the client i...
