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Governmental CSR policies do not only assist consumers or organizations, they assist both the consumer and the organization (The Impact of Government Regulations on Corporate Social Responsibility - How Government Policies Shape CSR, 2009).
It is often said that international environmental laws do not differ from one another. European environmental regulations are very similar to the U.S. environmental laws. The United States Environmental Protection Agency has set up a database that contains all of the contaminated lands in the U.S. This database includes existing and formerly contaminated lands. The European Union, especially France has also put into place databases to track existing and formerly contaminated lands within France. These efforts are there to protect the public from coming into contact with contaminated lands. International governmental environmental policies do not differ from one another in the fact that they all seek to protect the public and the organizations (The Impact of Government Regulations on Corporate Social Responsibility - How Government Policies Shape CSR, 2009).
Domestic as well as international politics have greatly shaped the regulation of businesses. It is apparent that most businesses favor dealing with the national government while shaping business regulations rather than dealing with the international government where policies are not clearly set down. They like dealing with the national governments because of the trust and relationship that they have built with the domestic government in shaping the business atmosphere. Business policies that are laid down by the national government are more familiar and clearly defined as opposed to regulations set forth by the international governments (The Impact of Government Regulations on Corporate Social...
The absence of business regulation does not produce good results for organizations or society. Under these circumstances society is often misled, manipulated and exploited. It is in the end the responsibility of the government to regulate business and more importantly offer a level playing field in which all businesses can operate and grow. It has been found that there are no differences in international environmental laws and policies. Studies show that environmental laws and policies in the European Union are pretty much the same as those in the United States (The Impact of Government Regulations on Corporate Social Responsibility - How Government Policies Shape CSR, 2009). CSR should be at the forefront of BP's thinking when planning their strategy to deal with the oil spill in the Gulf.
References
Emani, Gazelle. (2010). BP Oil Spill: 7 Secrets BP Doesn't Want You to Know. Retrieved July
19, 2010, from The Huffington Post Web site:
http://www.huffingtonpost.com/2010/05/05/7-secrets-bp-doesnt-want_n_563102.html
Freeland, Chrystia. (2010). What's BP's social responsibility? Retrieved July 19, 2010, from The
Washington Post Web site: http://www.washingtonpost.com/wp-
http://knol.google.com/k/the-impact-of-government-regulations-on-corporate-social-responsibility-how#
Corporate Social Responsibility (Sony) Corporate social responsibility (CSR) is no longer a tenable option to just be silent. Companies have to take responsibilities of their actions as a result of the impacts their businesses causes to the community and their stakeholders. For example during the recent oil spill of the British Petroleum Company (BP), at the coast of United States, the U.S. government did not remain silent on the issue but
591-2). The failure to integrate CSR initiatives into a larger development plan is another problem contributing to the lack of implementation of CSR projects. Projects are often driven by short-term expediency meaning that the decisions taken are at too low a level as to which projects to execute. There may be little coordination in determining the areas that will benefit and how the projects can be put together to contribute
Public Relations (Corporate social responsibility) The term 'Corporate Social Responsibility' refers to the social responsibility that a Company must honor towards the public, especially those people who have direct contact with and are therefore directly affected by the policies and actions of the company. The feeling that the social responsibility of multi-national companies are not of such standards that would satisfy the general public has lead to widespread protests and demonstrations
There is a good case to be made for focusing on externalities and seeking to manage all of them in a social responsible manner, especially as the world becomes globalized and the key success drivers become relationships and information. Works Cited: Mintzberg, H. (1994). The rise and fall of strategic planning. Harvard Business Review. Retrieved May 16, 2010 from http://online.worcester.edu/external/evescio/Principles%20of%20Management/strategicplan.pdf Friedman, M. (1971). The social responsibility of business is to increase its
Business Ethics Social Performance Of Organizations BP PLC (famous as British Petroleum PLC) is a multinational company from Britain. The company's headquarters is located in London, England, United Kingdom. The company mainly deals in the production and distribution of oil and gas. BP PLC stands as the sixth largest company in the global oil and gas market-by-market capitalization and fifth in terms of revenue. BP PLC is vertically integrated, which in microeconomics
BP Deepwater Horizon In April, 2010, Gulf of Mexico oil rig Deepwater Horizon, managed by British Petroleum (BP) suffered an explosion, sank to the bottom of the sea and precipitated an oil leak that would take months to cap (Pagnamenta & Goddard, 2010). The disaster was costly for BP both financially and reputationally, and the company's responses have not engendered much faith among the general public with respect to BP's ethics