How HR can contribute to CSR Essay Example | Topics and Well Written Essays - 1250 words

How HR can contribute to CSR - Essay ExampleCurrent paper aims to highlight the main aspects of the kindred between the human resources management and the corporate governance especially regarding the reference of HRM in the development of corporate social responsibility. Reference is made to Humphrey Group and specifically to the firms compensation ethics as used for evaluating the compensation of the firms top managers. The findings of relevant academic studies are presented and analysed aiming to show that HR can support the development of corporate social responsibility in Humphrey Group as also in firms with dissimilar structural and operational characteristics. 2. tender-hearted Resources and Corporate Governance 2.1 Influence of HR on Corporate governance modes, consequences The role of HR in corporate governance cannot be doubted. In fact, this role has many different aspects. In all organizations, HR department cooperates with the CEO in order to identify potential br eaches of the firms ethical rules. Beatty et al. ... The survey, which was conducted among counselling groups, aimed to highlight the level at which ethical standards can interact or opposed with professional practices and rules within modern organizations. One of the most heavy findings of the higher up study has been the fact that, quite often, HR managers are asked to serve contradictory organizational needs, or else, to serve interests, which are opposed. These are the interests of stakeholders who are favoured by different organizational initiatives. On the other hand, it seems that HR professionals may not be always aware of their role. Instead, they are informed on the activities and decisions on which their power is justified, i.e. original by the menu of Directors (or the organizations leader) but they are not aware of their actual capabilities regarding their role. At the next level, the study of Beatty et al. (2003) refers to a quite important issue the financial mea surement and the rewarding systems (Beatty et al. 2003, p.258) are often poor. In this case, executives need to identify a solution in order to ensure the faithfulness in their compensation. In most cases, the response of the firms to the claims for compensation, pension and so on, are expected to be negative in case such claim is presented to the Board of Directors. In this context, the intervention of executives in the books of their organizations is often unavoidable, even if it is not legally justified. The most important finding of the survey conducted in the context of the study of Beatty et al. (2003) is the undermentioned one in most organizations, ethical standards are highly promoted. However, in practice the limitation of violation of