Topic > test - 1392

IntroductionNowadays, corporate social responsibility (CSR) is not a strange idea for people in Hong Kong. This idea includes some main components which are social, governance, reporting and environmental, related to the work of operational practices, community involvement, environmental protection and environmental quality. Each of the distinct stakeholders has different obligations and benefits. Stakeholders include government, customers, regulators, shareholders, investors, suppliers, employees and communities. What if big companies can do much better? Is it committed to stakeholder expectations? What are the effects on stakeholders' CSR? What are the advantages and disadvantages of stakeholders in corporate social responsibility? How do companies perform admirably in terms of effectiveness in CSR? Consequently, many of these questions are worth studying. From the perspective of CSR in Hong Kong, the most far-reaching industry is the fast food industry. Information from the Department of Census and Statistics shows that the sector with the highest GDP in Hong Kong in 2008 included the fast food industry (CSR Asia 2011). On the other hand, the fast food industry does not assign responsibility because they cause obesity. They are assigned responsibility because of their connection to corporate responsibility. Such a demand cannot be understood within the prevailing and rather narrow conception of responsibility (Schrempf 2013). One approach to corporate responsibility follows a legalistic mindset and assumes that an actor has liability if it can be demonstrated that there is a direct causal link between an action and harm (Honoré 1999). Attention to causality makes a responsibility...... center of paper......ty Management 31, pp.1143-1154. Tsoi, J. (2010) Stakeholder perceptions and future scenarios for improvement Social Society Responsibilities in Hong Kong and Mainland China, Journal of Business Ethics, February 2010, Vol. 91 Issue 3, pp.391-404. Welford, R. and Chan, C. and Man, M. (2007) Priorities for Corporate Social Responsibility: a Survey of Businesses and their Stakeholders, Corporate Social Responsibility and Environmental Management.15 , pp.52-62. Windsor, D. (2006) Corporate social responsibility: three key approaches. Journal of Management Studies 43, Blackwell Publishing Ltd, 1 January 2006, pp. 93-114. Witt, M.A. and Redding, G. (2012) The spirits of Corporate Social Responsibility: senior managers' perceptions of the corporation's role in society in Germany, Hong Kong, Japan, South Korea and the United States, Socio -Economic Review (2012) Vol.10, pp. 109-134.