Corporate social responsibility

Topics: Business ethics, Corporate social responsibility, Ethics Pages: 7 (489 words) Published: May 12, 2014
Introducing Business Ethics








Is it an Oxymoron?
Is Business Bluffing Ethical?
Definition of business ethics: Business
ethics is the study of situations, activities
and decisions where issues of right and
wrong are discussed!
And business ethics is the study of ethical
dilemmas! – what do you think about the
dilemma in the book?

Legal and ethical

Legal and unethical

Illegal and ethical

Illegal and unethical

Law

Ethics

Ethics

Law

Ethics

Law

Business










Big influence of business on society
Potential major contribution of business to
society
Business malpractices are huge
Stakeholders require business ethics
Education in ethical decision-making is
important
Ethical violations are huge
Managing ethics in organizations is needed





Business ethics in large and small companies
Business ethics in private, public and civil
society organizations
Business ethics and public administration

Business ethics is important in these different
fields









Gospel of globalization!
Financial crisis – global capitalism
Globalization is process which dimishes the
necessity of a common and shared
territorial basis for social economic and
political activities, processes and relations
Globalization include cultural, legal and
accountabiliy issues for business ethics
Who are the key actors and stakeholders?








Environmental pollution and destruction of
local cultures
Many companies have sustainability
statements
We need to combine the economic, social
and environmental – therefore we focus on
the triple bottom-line as essential for
business
Triple bottom-line management – the
balanced company…








Anti-globalization campaign against
MacDonalds
What would be the appropriate business
ethics of MacDonalds?
Sustainability?
Human rights of Workers?
Is ethics of MacDonalds an Oxymoron?








DEFINTIONS
Business ethicS
Corporate citizenship
Corporate Social Responsibility
Values-driven management








Pressure from governments to business
corporations for Self-regulation
European Union CSR policies
US – Federal Sentencing Guidelines
UN Global Compact
Global Corporate Citizenship as ”licence to
operate” of corporations.









Economic Man
Maximization of shareholder value
We need heroic leaders
The effective organization is lean and mean
A rising tide of prosperity fills all boats
The financial crisis showed the problem of
these half-truths









Inter-disciplinarity and second-order
reflective comparisons
Combination of heterogenous reserch
traditions – multi-theoretical perspectives
Holistic picture of values in organizations
Interdependence of micro-meso and macro
perspectives in organizations
Interdependence of business and society







Organization studies and institutional theory
Corporate social and political theory
Business ethics and stakeholder analysis

Interdependence – state – corporations and
civil society

Between explanation and understanding
 Critical hermeneutics
 Look at corporations from the point of view
of
- Ethical crisis in a corporation
- Ethical dilemma in an organization
- Ethical effort to build integrity or corporate
citizenship







The viscious circle of criticism!
Loss of legitimacy
It is required to overcome criticism with the
help from business ethics and good corporate
citizenship!

Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Corporate Social Reponsibility of the Tobacco Industry Essay
  • The Impact of Social Performance
  • Why Has Corporate Social Responsibility Become Such a Prominent Part of the Business World Today? Essay
  • Corporate social responsibility Essay
  • Corporate Social Responsibility of SM Essay
  • Business Ethics and Social Responsibility Essay
  • Corporate Social Responsibility in Food Supply Chain Essay
  • Ethics and Corporate Responsibility Essay

Become a StudyMode Member

Sign Up - It's Free