2. Group Participants
Win Ko Lwin
Aung Mai
Thang Lian Tuang
Su Thinzar Hlaing
Aye Thidar Soe
Tin Tin Htwe
Htar Ni Lwin
Yee Mon Aung
3. Content
What is CSR?
History of CSR
Type of CSR
Six Reasons Companies Should Embrace CSR
CSR as Public Relation
Benefits of CSR
Examples of CSR Activities in Myanmar
Conclusions
Acknowledgement
References
4. What is CSR?
Corporate Social Responsibility is the continuing
commitment by business to behave ethically and
contribute to economic development while
improving the quality of life of the workforce and
their families as well as of the local community
and society at large.
5. Many Definitions & Explanations
•Recognizing impacts a business has on all aspects of its
environment
- Economic
- Social
- Environmental
•And the way it behaves toward them
6. History of CSR
CSR beginning span centuries
CSR theory developed in 1930’s
- Chester Barnard - Howard R. Bowens
Rise of Globalization & Multinational Corporations effect in 1960’s, early
1970’s
- H.L Johnson’s “Utility Maximization” - Milton Friedman’s CSR outlook
Contemporary CSR theorists’ views
- Combine opposing views of profit maximization and social responsibility
- CSR Four Faces: economic, legal, ethical, and philanthropic
7.
8. Type of CSR
Environmental Sustainability
Community Involvement
Ethical Marketing
HR Based CSR
Philanthropy
9.
10. The six business reasons why companies should embrace
corporate social responsibilities
1.Innovation
2.Cost Savings
3.Brand Differentiation
4.Long-term Thinking
5.Customer Engagement
6.Employee Engagement
11. CSR as Public Relations
CSR helps companies to build brand loyalty and develop a personal
connection with their customers.
CSR offers up many potential avenues, such as word of mouth or
guerilla marketing, for subtly reaching consumers.
CSR also helps to greenwash the company's image, to cover up negative
impacts by saturating the media with positive images of the company's
CSR credentials
12. Benefits of CSR
Win new business
Increase customer retention
Develop and enhance relationships with customers, suppliers and
networks
Attract, retain and maintain a happy workforce and be an Employer of
Choice
Save money on energy and operating costs and manage risk
13. Cont’d
Differentiate yourself from your competitors
Generate innovation and learning and enhance your influence
Improve your business reputation and standing
Provide access to investment and funding opportunities
Generate positive publicity and media opportunities due to media
interest in ethical business activities
14.
15.
16. Conclusions
Corporate Social Responsibility (CSR) is not going
to solve the world’s problems.
CSR aims to embrace responsibility for corporate
actions and to encourage a positive impact on the
environment and stakeholders including consumers ,
employees, investors, communities.
17. Acknowledgement
We would like to acknowledge our teachers &
our coordinators & UMFCCI. Our term paper may
not be perfect. But we are really thankful to inform
about CSR which / how concerns with Business
Development.