Corporate Social Responsibility: Now and Then

With the recent merged scandals involving such companies as Enron and Martha Stewart, the theory of corporate social responsibility (CSR) has once again made its guidance to the forefront of contemporary management ideologies. However, CSR itself is not a radical concept. In fact, societies as far back as the antique Mesopotamians (circa 1700 BC) incorporated CSR in their businesses. King Hammurabi introduced a code in which builders, innkeepers or farmers were retch to death if their negligence caused the deaths of others, or study inconvenience to local citizens. With each new Enron managers of similar corporations be suddenly placed in the spotlight, causing plans to be put into action to create a more socially trustworthy company. Look in an annual report put step to the fore by any corporation and you will generally suffer an entire section, often called a CSR Report, detailing how that corporation is continually striving to improve their CSR. So the question arises, are confront corporations more or less socially responsible than the corporations of the foregone? Has implementing good CSR become a necessity for managers of todays corporations? Milton Hershey is a prime example of someone who wholeheartedly believed in the concept of CSR.

Upon building his chocolate manufacturing plant in Pennsylvania, Hershey built a school to support orphaned children, which still stands as the largest pre-K through and through 12th grade school in the United States. During the Depression, Hershey unbroken men employed with the construction of hotels, office buildings, and a sports arena. It was express of Milton Hershey that [h]is personal convictions about the obligations of wealth and the quality of life in the town he founded have made the company, fellowship, and school a living legacy (Wolfe, http://miltonhershey.com/milton.html). Milton Hersheys legacy is of someone that tacit the way a corporation should give back to its community and employees. We can wonder, what were Hersheys... If you want to get a full essay, found it on our website: Orderessay

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