Management Services

Studies have shown that a favorable evaluation of the company also results in increase in the value of its share prices and less volatility in the share prices during volatile changes in the economy of the environment. Competitive advantage gained by socially responsible companies will help it to gain better market share and hence result in improved profits. Increase in share prices will increase the wealth of the shareholders.
Some ethical decisions of companies towards social responsibility have resulted in direct profits to the companies. For example Shell to fulfill its social obligation towards business has focused its strategies to produce more with less energy and materials. It achieves this by adopting cleaner technologies, reducing emissions, recycling, reusing, minimizing waste and even turning waste into saleable products.
These activities improve the efficiency of its operations, help reduce costs, avoid current and future costs of emissions and even create new income streams (Burnhut, 2002). In conclusion it can be said that in the intensely competitive era of liberalization, privatization, globalization, digital technology and information super highways, corporations have a moral/ethical duty to be socially responsible and pay back to the society through charitable contributions.

Such contributions actually lead to the creation of long-term value and better profits for the shareholders if the companies adopt a strategic approach towards their social responsibility initiatives. Thus companies should treat contribution to charities and other social initiatives not as expense but as an investment to gain long-term profits for the company and a way to maximize shareholder wealth.
Burnhut, Stephen, (2002), Corporate Social Responsibility, with Pratima Bansal, Ivey Management Services, March-April.
Ferrel, O, Fraedrich, John & Ferrel, Linda. (2007), Business Ethics, Houghton Mifflin. Hart, S. (1999), Beyond Greening: Strategies for a Sustainable World, Harvard Business Review, January-February, pp. 66-76. Joyner & Brenda, E. (2002), “Building Values, Business Ethics and Corporate Social Responsibility into the Developing Organization”, Journal of Developmental Entrepreneurship, April Koontz, Harold. & Weihrich, Heinz. (2004), Essentials of Management, NY: McGraw-Hill Publishing Company, p. 36.

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Use the discount code "30OFFNOW" today and get a 30% offOrder Now