Thursday, May 21, 2020

Corporate Social Responsibility in Malaysia - 1705 Words

INTRODUCTION What is corporate social responsibility? It s also known as social responsibility. Corporate social responsibility (CSR) is when a company or an organization striking a balance between profitability and our contributions to the communities in which they operate and being obligated to meet the expectations of stakeholders, who are the sources of the legitimacy of the organization. The stakeholders include the owners, investors, employees, customers, government, suppliers, competitors and the community. Meaning of being responsible that organizations are accountable to the stakeholders and the environment. While providing quality goods and services to consumers, organizations also expected to care and concern of the†¦show more content†¦#61558; In 2000, 129 new Shell scholarships were awarded and these include courses other than the traditional technical and science courses. 2. Training and development #61558; Social development programmes also include personal growth and development of the staff and those outside organization. #61558; Many organizations provide a training programme to university student to do their training or practical at their place. #61558; This training programme duration depend on the time required by the university and even some organizations give allowance to the trainee. #61558; Shell will work with Curtin University of Technology, Sarawak for the purpose of training and development and formal accreditation for the courses run by Shell for the staff. 3. Sponsorship for education activities #61558; Sponsorship for education activities or programmes usually for seminar, forum or educational festival. #61558; It can be in cash, organizer or place or anything that will help in order to made it happen. #61558; Shell had sponsor 21 students and teachers to the APEC Youth Science Festival in Singapore. The students were selected by the Ministry of Education based on their winning entries in the Science and Technology Education Carnival 98. #61558; McDonald s also give sponsor for educational programmes especially for primary school childrenShow MoreRelatedMcdonalds Corporate Social Responsibility in Malaysia1004 Words   |  5 PagesMcDonalds’ Malaysia is very concerned about what they can provide to their stockholders, the public, customers and even the suppliers. Since McDonalds’ Malaysia first came to Malaysia on 29 April 1982, they are well-known for their high commitment in their corporate social responsibility. McDonalds’ cares about human rights and their customers. They do not employ forced labourers or child labourers. 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