Exam 9: Measuring,reporting,and Communicating CSR

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In Canada,the Dow Jones Sustainability Index is used to guide investors demanding CSR accountability.

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Cost or outlay is an accounting approach to tabulate the social costs and benefits with the objective of the best social return for the social investment made.

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An alternative view on the relationship between CSR and profitability,taken by______ is to calculate the return of investment of CSR by thinking in terms of creating value.

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Corporations following the GRI guidelines are expected to report certain standard disclosures such as: economic,environmental,social and governance performance and impacts.

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Describe the Jantzi Social Index (JSI).

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Which of the following are among the recommendations made by Chatterji and Levine for improving the reporting process?

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NTS Corporation hopes that its accounting system used in social reporting will help it identify the best social return for the_______ social investment made.They tabulate social costs and benefits.This is an example of the approach to social auditing.

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The corporation has devoted considerable resources to the social audit process.The management function that documents and communicates this information is:

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The _______approach to social auditing describes program initiatives.

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Brandon is preparing a report for the CEO of his company.He is trying to encourage the company to become more proactive in social issues in the community.In building his case for corporate social responsibility,he does research on the relationship between CSR and firm profitability.He can report the following:

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In the future,incremental changes to CSR are insufficient and,with the pressure of NGOs,businesses are forced to take a broader social role.This requires a major rethink in terms of organizational design and the very structure of the business system.This is the_________scenario as identified by White.

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A specific manager or department should not be responsible for the communication of CSR reports.If everyone in the corporation is equally responsible for communication of results,dissemination will be broader.

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The Jantzi Social Index (JSI)is a socially screened,common stock index modelled on the S&P/TSX 60.

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The drivers of corporate reputation include product quality,innovativeness,and environmental stewardship.

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Program management is a sophisticated social auditing approach useful to respond to sustainability performance.

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Service professionals,such as accounting associations,are influential stakeholders that recommend that firms engage in elaborate CSR and sustainability reporting.

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The Strandberg model outlines a continuum of future commitment to CSR.The middle of the continuum is CSR Strategic.Corporations will become compliant with standards and then create niches in areas more strategic to the corporation.

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Employees may receive communication from their employers regarding performance measures and social reporting through:

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There is little distinction between CSR and corporate reputation.

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What are some of the best known surveys evaluating the social and environmental performance of business schools?

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