Example Of Corporate Social Responsibility Essay

Jamali, D., Safieddine, A. M., & Rabbath, M. (2008). Corporate governance and corporate social responsibility synergies and interrelationships. Corporate Governance: An International Review, 16(5), 443-459. Retieved on 11/3/2015
Research Questions/Purpose: The main purpose of the article was to explore the benefits of corporate social repsonsiblity. The article aimed at exploring the interrelationships that exist between corporate social responsibility and corporate governance. It aimed at achieving this purpose, by first reviewing the existing literature and other postulations related to the research subject. Secondly, through empirically investigating the interpretation and conception of the relationship between CSR and CG, by taking a sample of companies operating within the Lebanon market. Therefore, the article’s main purpose is to draw the relationship that exists between CSR and CG in various countries.
Brief summary of findings/conclusions: the main findings of the article are that many managers do agree that corporate governance is an important pillar when it comes to CSR sustainability within an organizational context. Therefore, from the article, it is clear that there is a close relationship between CSR and CG, and firms should embrace both in order to ensure that they engage in sustainable activities in the long run. The findings imply that it is critical for organizational management to ensure that there is voluntary good corporate governance practices in a firm, so as to enhance the process of implementing CSR strategies in the future.
Personal Statement: the findings of this article are very important to me. I have an interest in the area of corporate governance, where my goal has been to understand how corporate governance can be used to facilitate the process of implementing CSR within a firm. Therefore, the content of this article is instrumental in helping me to understand the close connection between CG and CSR. Therefore, I can make use of the contents of the article to advance my understanding of the role that corporate governance plays in modern organizations, when it comes to advancing CSR. The theory discussed in class related to the article is the stakeholder theory.

Reference

Jamali, D., Safieddine, A. M., & Rabbath, M. (2008). Corporate governance and corporate social responsibility synergies and interrelationships. Corporate Governance: An International Review, 16(5), 443-459.