Preview

Business 102 Article Review #2

Good Essays
Open Document
Open Document
936 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business 102 Article Review #2
Carroll, Archie B and Shabanal, Kareem M. (2010). The Business Case for Corporate Social Responsibility: A Review of Concepts, Research and Practice. International Journal of Management Reviews, Blackwell Publishing Ltd and British Academy of Management, pp. 88-105

In “The Pyramid of Corporate Social Responsibility: toward the Moral Management of Organizational Stakeholders”, Archie B. Carroll focuses on studying the nature of corporate social responsibility (CSR) and explains its component parts. He structures his article by first creating “a pyramid of the corporate social responsibility”, then “planning to relate this concept to the idea of stakeholders”, and lastly, “isolating the ethical or moral component of CSR and show how they relate to the three major ethical approaches to management – immoral, amoral and moral” (Carroll 39). He writes this article for the purpose of education his readers how to “manage stakeholders in an ethical or moral fashion” (Carroll 39). I will analyze and clarify why Carroll believes corporate social responsibility is essential in a corporation and support my analysis with examples provided through the text. I believe that Carroll was effective in conveying and explaining his position due to his strong and well-ordered presentation of his article. Carroll emphasizes on the importance of CSR in management and stakeholders throughout his article. He expresses his ideas through the pyramid of corporate social responsibility, which included economic, legal, ethical and philanthropic and how CSR is related to organizational stakeholders and the three moral types in moral management. These three aspects supplement his main idea of how to manage stakeholders in an ethical or moral way. The article starts off with the question of what is the definition of CSR (corporate social responsibility). Many different academics and practitioners had different answers for its definition but Carroll states that CSR is a four-part concept

You May Also Find These Documents Helpful

  • Powerful Essays

    M&S AND RIVER ISLAND

    • 2821 Words
    • 12 Pages

    Ravi Raman, K. and Lipschutz, R. D. (2010) Corporate social responsibility. Basingstoke [England]: Palgrave Macmillan.…

    • 2821 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    BHP Billiton Summary

    • 980 Words
    • 4 Pages

    Carroll, A.B. and Shabana, K.M. 2010, ‘The business case for corporate social responsibility: a review of concepts, research and practice’, International Journal of Management Reviews, vol. 12, no. 1 pp. 85- 105.…

    • 980 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    As described in the book, corporate social responsibility (CSR) is one of the very important essences of ethics. Corporates should perform and run in a way that improves society and its occupants and be held responsible for any of its activities that affects people, their community and their environment. It is organization’s moral responsibility to form a commitment to give back to the society and the stakeholders of the organization since they are fundamental reason company is running by and running for. Any commercial organization makes profit out of the customers, community. Hence, it is their prime responsibility to do well and give back to the community in…

    • 593 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    RWT1 Essay

    • 2603 Words
    • 11 Pages

    Smith, Alan D. (2007). Making the case for the competitive advantage of corporate social responsibility. Business Strategy Series, 8 (3), 190. DOI: 10.1108/17515630710684187…

    • 2603 Words
    • 11 Pages
    Best Essays
  • Powerful Essays

    Db Forum 1

    • 1684 Words
    • 7 Pages

    References: Archie, C. B., & Shabana, K. M. (2009). The Business Case for Corporate Social Responsibility: A Review of Concepts, Research and Practice. International Journal of Management Reviews, 85. Retrieved from http://www.academia.edu/419290/The_Business_Case_for_Corporate_Social_Responsibility_A_Review_of_Concepts_Research_and_Practice…

    • 1684 Words
    • 7 Pages
    Powerful Essays
  • Best Essays

    Keeping an honest code of ethics can ensure that a company achieves their missions, visions, and general objectives in a manner that can provide a solid framework for years to come. Ethics can also assist in ensuring guidelines are being made to bind an organization by a common thread and interests that guide employers and employees to avoid straying from the intended path of the company. Another element of today’s current strategic planning process is corporate social responsibility or CSR. This is when managers confront different situations of increasing demand from stakeholders. The specific demand has been marked by many claims that link themselves to corporate social responsibility of an organization’s projected profits, in the media and many other faucets, such as up-and-coming international CSR organizations. The motivation of this is clear; if a positive CSR is present, and a financial performance relationship is identified; companies will be…

    • 1850 Words
    • 8 Pages
    Best Essays
  • Best Essays

    Cited: Bartter, Jacqueline. “A New Model of Corporate Social Responsibility.” Iprs.uscs.edu. University of California, San Diego, 2012. Web. 13 Oct. 2012. http://irps.ucsd.edu/assets/001/503681.pdf…

    • 3241 Words
    • 13 Pages
    Best Essays
  • Best Essays

    Crowther, D & Aras, G (2010). Corporate Social Responsibility: Part I Principles, Stakeholders & Sustainability. London: David Crowther & Güler Aras & Ventus Publishing ApS. p27-31.…

    • 2203 Words
    • 9 Pages
    Best Essays
  • Powerful Essays

    Stockholder vs Stakeholder

    • 23180 Words
    • 93 Pages

    * Visser, W., D. Matten, M. Pohl, Nick Tolhurst (eds.) (2008). The A to Z of Corporate Social Responsibility. Wiley. ISBN 978-0-470-72395-1.…

    • 23180 Words
    • 93 Pages
    Powerful Essays
  • Good Essays

    There is more than one definition for corporate social responsibility. One way in which it can be defined is the obligation of organization management to make decisions and take actions that will enhance the welfare and interests of society as well as the organization (Daft, 2003). In other words, corporate actions have social implications, and managers have a responsibility to act in ways which benefit society as well as the organization (Body, 2005). The difficulty that most companies of today are facing is that investing money in order to become more socially responsible may benefit one of the company’s…

    • 537 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Coca Cola Ethics Issues

    • 1698 Words
    • 7 Pages

    Bibliography: Doukakis, I. P., Kapardis, M. K. & Katsioloudes, M., 2005. Corporate social responsibility: the way forward? Maybe. European Business Review, 17(3), pp. 263-279.…

    • 1698 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Corporate social responsibility (CSR) as a topic has received the attention of organisations and managers as a whole. The 1950s marked the start of the modern era of CSR for managers, where Howard R. Bowen (1953) defines social responsibilities in his publication as the businesses’ duty to make decision and follow principles that are acceptable to society. However, Milton Friedman (1970) argued that social responsibilities is for people not businesses, he claims that the only responsibility business managers should have is to use all their resources to maximise profit and increase shareholder’s wealth (Friedman, York Times Magazine, September 13, 1970, pp. 32-34).…

    • 2250 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Internet Gambling

    • 7381 Words
    • 30 Pages

    Freeman, R. E. and Velamuri, S. R., (2006). ‘A New Approach to CSR: Company Stakeholder Responsibility.’ In ‘Corporate Social Responsibility: Reconciling Aspiration with Application.’ Edited by Kakabadse, A. and Morsing, M. , Palgrave Mcmillan.…

    • 7381 Words
    • 30 Pages
    Powerful Essays
  • Good Essays

    Corporate social responsibility (CSR) is the framework proposed by Carroll (1991) to provide managers with a way to evaluate their duties to the myriad groups with interests in their organizations. These groups are defined as stakeholders and include owners, customers, employees, the community, competitors, suppliers, social activist groups, the public and potentially others. According to Carroll (1991), the framework of CSR can be divided into four parts encompassing “the entire spectrum of business obligations”; these include economic, legal, ethical and philanthropic responsibilities. The hierarchical structure of CSR consists of a pyramid encompassing these principles with the most critical concept, economics, forming the foundation. Economic responsibilities are considered…

    • 812 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Carroll, A. B. (1991). The Pyramid of Corporate Social Responsibility: Toward the Moral Management of Organizational Stakeholders. Business Horizons, 34(4), 39-48. Retrieved from Business Source Premier…

    • 1884 Words
    • 6 Pages
    Best Essays