Corporate Social Disclosure

Description

CSD
FN Walton
Mind Map by FN Walton, updated more than 1 year ago
FN Walton
Created by FN Walton almost 7 years ago
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Resource summary

Corporate Social Disclosure
  1. How used?
    1. Corporations
      1. Continuous improvement, Risk management, stakeholder engagement (marketing tool)
      2. Other Users
        1. Investors - base investment decisions on CSD, Govt use CSD - less likely to improve strict regulations
      3. What is it?
        1. Reporting on: Financial results, Impact on Society, Environmental Impact
          1. Issues disclosed in Annual Reports: business ethics, diversity in workplace, support for community, environmental initiatives
          2. Difficulties faced
            1. Not subject to AAS
              1. No clear definitions eg social responsibility is different for all companies
              2. Evaluation of CSD
                1. Majority are just aware than truly integrating
                  1. Sample only report transparently. Most have tailored public relations documents that showcase good deeds
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