1.0 Introduction
Corporate social responsibility (CSR) has become more important in the current business environment. CSR can be defined into action that are taken by organization that goes beyond making profit and legal obligation towards the society adapted from (Ghillyer, 2010) and (SCHWARTZ & SAIIA, 2012) (Brown & Forster, 2013)). More company also nowadays become more aware of CSR (Bondy, et al., 2012) and sees it as a positive tools (Harjoto & Jo, 2011)
As an organization fail like in the case of Midland and Southern Bank people are become more interested in how is an organization going (Johnson, et al., 2009). The interest shift as problem hits, as organization rely on peoples trust to run the organization (Cohen & Dienhart, 2013). This cause the organization to have more moral obligation to the growing network on stakeholders (Polonsky, 1995). Management especially in the case of Midland and Southern banks are being judge by stakeholders morally. As organization obligation re managing stakeholders (Nicholson & Newton, 2010). Approaches that are taken to judge organization are shown in research by Carroll’s (1987) (Carroll, 1991) which will be further discussed below.
However, Midland and Sothern bank in the end was acquired by HSBC after it failure (Lee, 2009). It also seems that based on the case government started to create more firm regulation after the issue happen.

2.0 Senior Management Role and Obligation: high salary justified or unjustified?
Senior management which includes board of director have important roles in an organization. Directors and senior management roles include overseeing risk, strategy, organization governance and managing stakeholders (Nicholson & Newton, 2010).Board of directors are either proactive or reactive and within this they could be in form of a synchronize team or in a form of several cliques that try to work