Managing People and Organizations Essay Example | Topics and Well Written Essays - 1500 words

Managing People and Organizations - Essay Example The organizations commit themselves to contributing to the society by performing business ethically and contributing to the development of the people and the society (Rashid and Saadiatul, 2002). The agency theory is relevant for this case as this theory states that the shareholder of the company gives authority to the agent that can take any decision regarding the company. These agents or managers manage the company and take decision according to their own conditions. Every manager has a different style of controlling people and the company, and the attitude of these managers towards managing people varies according to their way of leadership capabilities. The conflict arises when the owner of the company wants to maximize the profit of the company by performing certain activities that are not ethical, while the manager wants the organization to fulfill its social responsibility (Germanova, 2008). The issue of CSR has risen in many countries, and the public has also been involved in this issue; this is the reason that CSR has become a major issue in Malaysia. The large organizations of Malaysia have raised many questions regarding the environmental hazards, drug abuse, safety, product quality, discrimination etc. The government of Malaysia has made policies so that organizations can fulfill their corporate social responsibility. This research will examine the attitudes of the managers towards corporate social responsibility and in which way they are managing people and organizations (Rashid and Saadiatul, 2002). In 1976, Holmes was the first person in USA who researched regarding the attitude of the corporate executives towards CSR, and he wanted to know the changing opinions of the firms towards CSR in the last five years that means from 1970 to1975. The result of his research revealed that the opinions of the executives for CSR changed drastically, and these executives were very positive for their organizations to fulfill corporate social responsibility (Ras hid and Saadiatul, 2002). The managers and executives of Malaysian companies have a very positive attitude towards corporate social responsibility, and they believe that if the life of the people in which the company is working can be improved, then the long-term profitability of the organization can have a good impact. The managers also believe that if the organizations want to show positive image to the people, then it should take social responsibilities and should meet the needs and expectations of the people. The socially responsible organizations are also able to satisfy their shareholders and CSR is important for them in order to reduce the behavior that is not responsible. The managers recognize the fact that organizations are social entities, and they should compete with standards of the people. These opinions of the executives were taken from a survey conducted for Malaysian companies and the results of this survey were similar to the findings of Ford and McLaughlin in 1984 . This means that the opinions of the managers are consistent for many years, and they realize the importance of CSR for the success of their organizations (Rashid and Saadiatul, 2002). Another survey was conducted in Vietnam in 2011 in which the research was performed for managers in order to investigate their perception regarding CSR and the extent to which they