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Impression management encompasses individuals' deliberate efforts to shape how others perceive them during social interactions. This behavior is often employed to conform to social norms, secure approval, or pursue specific goals. While it involves selective self-presentation, it is not necessarily deceptive; individuals frequently present authentic aspects of themselves that align with situational demands.Common strategies include:Ingratiation: where individuals use flattery or agreeableness...
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As formulated by John Thibaut and Harold Kelley, Social Exchange Theory explains human relationships as economic-like exchanges that maximize rewards and minimize costs. This theory suggests that individuals engage in relationships to gain benefits and reduce burdens, similar to economic transactions. It has been widely applied to various types of relationships, including romantic, professional, and social interactions.Rewards and Costs in RelationshipsRelationship rewards include emotional...
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Social psychology examines the complex interplay between individual mental processes and social interactions. Historically, the field was divided into two domains: social behavior and social cognition. Researchers focusing on social behavior analyzed actions within social contexts, such as conformity, aggression, or cooperation. Meanwhile, social cognition researchers investigated how people perceive, interpret, and mentally represent their social environments. However, modern perspectives no...
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Does CSR Activity Amount to Socially Responsible Management?

M John Foster1

  • 1Kingston Business School, Kingston University, Kingston Upon Thames, KT2 7LB UK.

Philosophy of Management
|February 2, 2021
PubMed
Summary

This study investigated corporate social responsibility (CSR) in UK-listed firms. While some CSR activities are evident, they often fall short of genuinely socially responsible management.

Area of Science:

  • Business Ethics
  • Corporate Governance
  • Societal Impact

Background:

  • Firms are typically established to provide products or services.
  • The philosophical debate questions whether firm activities should benefit owners, employees, or society.
  • Corporate social responsibility (CSR) emerges from firms' societal embeddedness, questioning their positive contributions.

Purpose of the Study:

  • To explore public evidence of CSR activities by UK-listed firms.
  • To assess the extent to which these activities constitute genuinely socially responsible management.

Main Methods:

  • An exploratory investigation was conducted.
  • Annual reports from a sample of 36 firms listed in the FTSE 350 were examined.
Keywords:
CSRSocially responsible managementUK listed companies

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Main Results:

  • Public evidence of corporate social responsibility activities was found to some degree.
  • However, these activities often did not amount to genuinely socially responsible management.

Conclusions:

  • UK-listed firms exhibit some level of CSR engagement.
  • A significant gap exists between reported CSR activities and truly responsible management practices.