Script GGSR

Script
 KARYL
Let's discuss the concept of Corporate Social Responsibility: A company's commitment to

appropriately managing the social, environmental, and economic consequences of its operations
known as corporate social responsibility.
-Here we have the 1st part which is the Role of the Government: Corporate Social Responsibility
by acting voluntarily.
-Establishing a standard and the appropriate policy workplace
-Where appropriate, implement intelligent legislation and fiscal measure
-Company policy should be evaluated to ensure greater accountability
-Intervention should be well studied, well designed, and directed to offer organizations the
necessary stimulation beyond the bare minimum.
 KIA
These are the other roles of government related Corporate Social Responsibility or CSR.
-first is mandating , for being able to observe business conduct.
-second is facilitating or developing policies and conditions that encourage CSR investment;
-Next is to collaborate in order to establish ties between the public and private sectors.
-last is, endorse and demonstrate, which entails advocating and encouraging CSR behaviors
through incentives.
Let's move on to the government changing role.
-First, the government should promote CSR & join other stakeholders
-Next is collaborating with other CSR-related groups.
-And last , acknowledging that public policies are significant in creating a better sense of CSR.
 RESTI
CORPORATE SOCIAL RESPONSIBILITY PHASES
: And now let’s move on to the CORPORATE SOCIAL RESPONSIBILITY PHASES

: The Corporate Social responsibility in the U.S. has not been one single thing nor has it been
sought and achieved in one particular way. : The drivers of these five phases differ, as do the
policy instruments for achieving a state of CSR.
Let’s focus on CSR phase 1
: The CSR Phase-1 is the Corporate Social Stewardship on 1950’s-1960’s
: In the CSR doctrine of the 1950’s, it has three core principles stand out:
: The first one is (1) Corporate managers as public trustees/stewards of broad-scale economic
interests;: The second one is (2) An executive duty to balance competing claims to corporate
resources;: And lastly, (3) the Philanthropic support of worthy social causes.
: All of these duties and obligations, to be discharged by a company’s top-level executives, were
of an entirely voluntary character, generated out of a belief that those who held power incurred
reciprocal duties to the common wealth.
 RONIE
Let's proceed to the Historical phases of CSR.Corporate social responsibility occurs when a
business firm purposefully acts to enhance the social well-being of those whose lives are
affected by the firm’s economic operations. This broad definition of CSR means that it may be
found in a wide range of business and economic situations, from the smallest and simplest firms
to the largest and most complex companies, as well as in a broad range of societies around the
world. As a result, CSR integrates and harmonizes economic operations with community's social
system and institutions, resulting in an organic link between business and society. The goal of
this relationship is to achieve a balance between the firm's economic operations and society's
aspirations and requirements for community welfare.
 LOUIELA
The activities of economic production of goods and services, customer distribution channels,
workplace jobs, supplier networks, capital investment contribute importantly to both economic
and social well-being, social harm also can accompany the pursuit of economic goals, including
ecological disruptions, employee mistreatment, job losses, consumer abuses, and investor distrust
of capital markets. The dilemma facing both advocates and skeptics of CSR is to reconcile these
competing and sometimes contradictory outcomes so as to sustain needed economic activity and
perceived social aspiration simultaneously.
 AUBREY
CSR is impacted by a society's religious institutions and beliefs, its stage of economic and social
development, exposure to natural calamities and disasters, geopolitical standing, historical
traditions, and socio-cultural values, in addition to these economic and corporate pressures.
Many of the direct social costs of CSR are absorbed by the government in a state or tightly
regulated economies by providing an infrastructure of social welfare and economic support.
Increased CSR demands are often imposed on private commercial organizations in free-market
economies, resulting in greater corporate opposition to these efforts. The size, power, and
independence of its corporate sector, as well as its commitment to a market-style economy.
 JADE
The manager emerged in the 1920s and has been one of the numerous positions held by public
trustees. To promote public aims, the manager and director must see through the company's gate,
and if they do so well, the company will project an image of being a tool in wide social services
if they perform their roles properly. As a public trustee, it is also linked to a paternalistic attitude
in terms of the manager; Instead of providing people the ability to accept responsibility for their
own decisions, they are deciding for others instead. The manager has commanded technology,
materials, capital, and employees who will be treated in a quasi-public manner. Lastly, we must
remember that the best of these executive leaders stood up aggressively for a nobler goal to be
found in business practice, even if they were generous and open-minded about their favored
position.
 DANIELA
The trusteeship has the main role in finding an acceptable balance among all of the claimants to
America's corporate wealth such as; owners, employees, customers, suppliers, creditors,
government, and local communities who are playing the important roles. By this, Smith wrote
the "invisible hand" that the producer aims to promote the interest of society. Also, Smith says
that the government should be cautious in interfering with the operations of the private market
because sometimes, the government intervention usually makes things worse and this is stated
and under laissez-faire policy in which this is about the policy or attitude of letting things take
their course, without interfering.
 MONICA
Attaining a fair balance among sharply conflicting and contradictory claimants. Business
executives often overlooked or downplayed the details and difficulties of blending public
purpose and private gain. The mainstay of this first, and voluntarily assumed, approach to CSR
was philanthropy- the allocation of company’s fund to support worthy community projects. As
public trustees searching for a fair and just equilibrium of societal interests, philanthropic
contributions could in a marginal way, help reduce the gap between rich and the poor, the haves
and the have nots, thereby moving toward a more just and balanced social outcome.

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Let's discuss the concept of Corporate Social Responsibility: A company's commitment to

: And now let’s move on to the CORPORATE SOCIAL RESPONSIBILITY PHASES

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