Outline and discuss the evolution of CSR, including its history, role Essay

Outline and discuss the evolution of CSR, including its history, role in the financial crisis and prospects for the future. Supp - Essay Example In this documentary film, Moore conducts an investigative research on the impact that the closure of General Motors’ auto plants in Flint, Michigan, United States, had on the local communities. From the documentary film, it is clearly noted how by 1988 a leading company in the caliber of General Motors failed to denote its significant contribution to the local communities where it operated and it even failed to establish a clear structure of how the organization relates with the local communities. At the time of the Closure, Moore, reported that General Motors was making substantial amounts of profits but its decision to relocate its plants to Mexico was mainly motivated by the fact the company was seeking to lower its operating expenses by using cheap labor that was available in Mexico. Whilst making this decision, Mr. Roger Smith, the chairperson of the corporation at that time, failed to be socially responsible because of the fact that his decision led to 30,000 jobs losses , and a severe economic recession within the Flint area. Moreover, there was increase in cases of crime, evictions across the area because of failure to pay rent, and massive exodus of people from the area. Presently, General Motors Corporation is one of the leading companies in the world, which has a well-elaborate corporate social responsible unit that is managed through the GM foundation, and this is a clear indication that corporate social responsibility has evolved overtime and it has grown to become an integral part of the business model of most business organizations. This present essay is based on company law and it seeks to outline and discuss the evolution of corporate social responsibility, including its history, role in the financial crisis, and prospects for the future. The history of corporate social responsibility The writings by McWilliams et al. (2006), aimed at demonstrating the evolution, which human resource management and corporate social responsibility have und ergone. This writings succeeded in doing this by first establishing a valid point that during the early stages of industrial revolution, which was taking place across various countries that are now developed, all of the companies treated their employees as machinery that were designed for performing various tasks and being rewarded. This means that companies did not put into consideration the welfare of their employees. However, following the establishment of the