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Bangladesh Factory Collapse

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Finance officer
Level
General public
Study
finance
School/University
Exeter...

About the document

Published date
Language
documents in English
Format
Word
Type
case study
Pages
11 pages
Level
General public
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  1. Introduction
  2. Overview of Bangladesh Factory Collapse
  3. Report Aims/ Objectives
  4. Factory Management Officials
  5. Rana Plaza Owner: Mohamed Sohel Rana
  6. Construction Company
  7. Dhaka Local Authority and the National Government
  8. The Factory Customers
  9. Factory Employees
  10. Thorough Inspection of Bangladesh Factories
  11. Conclusion

In the recent past, organizations have increased their attention on corporate social responsibility (CSR). This follows numerous transformations in the contemporary society, such as globalization and technological differentiation. Therefore, as an ethical practice as well as a marketing strategy, companies are increasingly incorporating CSR in their business plans (Hopkins, 2007; Lee, 2008).

Research indicates that CSR relates to the manner in which firms work responsibly in an attempt to enhance attainment of their objectives, by meeting their stakeholders' demands (Banerjee, 2008; Dahlsrud, 2008). These stakeholders include employees and their families, customers, shareholders, government and the general public (Crane, Matten, and Spence, 2008). Nevertheless, the principal idea behind CSR is the utilization of the firm's profits through management of environmental, economic and social factors, in order to minimize their impact in the larger society (Dahlsrud, 2008). In this regard, this report seeks to discuss critically, who is to blame for the Bangladesh factory collapse on April 2013, at the Rana Plaza, which resulted to the death of more than 1129 individuals, with respect to CSR principles.

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