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Social responsibility of business

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Social responsibility of business --- Entrepreneurship

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Abstract: The Workers BuyOut (WBO) is an economic and social phenomenon that has developed since the beginning of the 2008 financial and economic crisis and is still growing. In Italy, its roots can be traced back to the 1970s and today journalists and politicians are publishing reportages and books on this phenomenon. Inside the Italian scientific community, also some economists have dedicated accurate but rare studies to the topic. Nevertheless, the WBO has not yet become the focus of a precise and in-depth research by sociologists, despite its evident social relevance. The present paper is the result of a sociological investigation carried out by the authors and aims at illustrating this phenomenon through the lens of organizational analysis. It is structured in five sections: a general introduction; a description of the phenomenon at the national level, through the analysis of its normative grounds and its quantitative dimensions; a more detailed description of the WBO in EmiliaRomagna Region; a focus on the case study of one firm that turned into a successful WBO; a critical conclusion, highlighting the main incentives and obstacles for the full development of WBO experiences.

Industrial organization --- Social responsibility of business

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Corporate Social Responsibility (CSR) is business's contribution to sustainable development. Today, corporate behaviour must not only ensure returns to shareholders, wages to employees, and products and services to customers, it must also respond to societal and environmental concerns. Local cultures are a countervailing force to the global economy and the struggle between the forces of global commerce and the interests of local cultures brings with it new politics. In overcoming the hurdles of social responsibility, all partners and sectors need to be committed to adhere to a coherent social strategy in the interest of society as a whole. Through partnerships with labour, NGOs, and communities, corporations contribute to tackling social exclusion and other inner city problems in order to define and implement innovative solutions for policy dialogue to meet the social challenges at the local level. This book provides a comprehensive overview of Corporate Social Responsibility experiences and practices at the local level. It illustrates that partnerships provide a powerful mechanism for helping firms become more socially responsible. It includes interventions from the Conference "Partners for Progress - Towards a new approach to Corporate Social Responsibility", held in Paris in November 2000 and is essential reading for policy-makers, NGOs, business, and all local actors involved in the issues of sustainable development.

Social responsibility of business. --- Social responsibility of business --- Management --- Business & Economics --- Management Styles & Communication

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Sociology of work --- Business policy --- Social responsibility of business