During the closing ceremony, Sheikh Faisal and a big number of the audience signed the "Al Faisal Social
Responsibility Agreement.
Further, although our retributive desires run deep, so do our desires for fairness, and the more we learn about ourselves through the sciences the more we realize how unfair moral
responsibility is--so perhaps the desire for fairness will prevail.
The second session of the forum will tackle the role of social
responsibility in building the corporate brand, ways of measuring the return on corporate social
responsibility in brand customer confidence.
The sixth session on social
responsibility and small and medium enterprises (SMEs) was chaired by Ziyad Bassam, member of the board and deputy chairman of the development center for small enterprises at JCCI.
They measured social
responsibility, relationship, belonging and status goals.
Keeping in step with the trend, the Association of American Colleges and Universities has launched a new phase of its social
responsibility program.
Volunteers on association governing bodies, such as the AICPA or state CPA societies, have a fiduciary
responsibility to association members.
For decades, lawyers and risk managers have claimed that admitting
responsibility and apologizing will increase the likelihood of the patient filing a malpractice suit and be used against the doctor in court if they do sue.
On the other hand, critics suggest that the corporation's only
responsibility is to maximize profits for shareholders, and that corporate
responsibility runs counter to the philosophy of free enterprise.
It may seem unfair to have to take
responsibility for difficult situations that are not your fault.
But it's a slippery slope because once a CEO accepts the argument that he or she has a "social
responsibility," the activists will argue that the elimination of poverty and disease, the dismantling of discrimination and the promotion of religious freedom are the
responsibility of the corporation.
For example, forklift drivers should have the
responsibility to inspect the forklift before use and to assure that wheel chocks are placed under trailers and railcars.
Corporate social
responsibility has become a popular concept in business circles.
It's a privilege to be entrusted with the leadership of an organization such as the FAF that has such a high degree of not only professional but also public
responsibility," said DeSantis in an interview.
The AICPA Principles of Professional Conduct state, in part, that we have a
responsibility to cooperate with each other to improve the area of accounting, maintain the public's confidence and carry out the profession's responsibilities for self-governance.
