business ethics and corporate social responsibility articles pdf

Business ethics and corporate social responsibility articles pdf

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Corporate social responsibility

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Corporate social responsibility CSR is a type of international private business self-regulation [1] that aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethically-oriented practices. While it has been considered a form of corporate self-regulation [4] for some time, over the last decade or so it has moved considerably from voluntary decisions at the level of individual organizations to mandatory schemes at regional, national, and international levels. Considered at the organisational level, CSR is generally understood as a strategic initiative that contributes to a brand's reputation.

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Metrics details. A thorosugh literature review suggests that there is a link between corporate social responsibility CSR or corporate social performance CSP and financial performance. In addition, there are relevant theoretical underpinnings and empirical studies that have often used other concepts, including corporate citizenship, stakeholder management and business ethics. In this light, this contribution reports on how CSR is continuously evolving to reflect contemporary societal realities. At the same time, it critically analyses some of the latest value-based CSR constructs. This review paper puts forward a conceptual framework for corporate sustainability and responsibility. It suggests that responsible business practices create economic and societal value by re-aligning their corporate objectives with stakeholder management and environmental responsibility.

In fact, CSR has gained such prominence that the Economist devoted a special issue to denouncing it earlier this year. Although some see CSR as simply philanthropy by a different name, it can be defined broadly as the efforts corporations make above and beyond regulation to balance the needs of stakeholders with the need to make a profit. Though traces of modern- day CSR can be found in the social auditing movement of the s, it has only recently acquired enough momentum to merit an Economist riposte. While U. Rather than shrink away from the battle, corporations emerged brandishing CSR as the friendly face of capitalism, helped, in part, by the very movement that highlighted the problem of corporate power in the first place. NGOs, seeing little political will by governments to regulate corporate behavior, as free-market economics has become the dominant political mantra, realized that perhaps more momentum could be achieved by partnering with the enemy. By using market mechanisms via consumer power, they saw an opportunity to bring about more immediate change.

The purpose of this article is to study the connection between corporate respect for human rights and corporate social responsibility. The author argues that business entities have a responsibility to respect human rights and that this responsibility forms part of their corporate social responsibility. The author defends the view that business and human rights issues are distinct from corporate social responsibility issues in their legal nature and content, while the strategic approach in the implementation of these concepts is the same. The author further examines whether voluntary corporate social responsibility initiatives include human rights, and how society understands the connection between the two. The conclusions of the article shed light on the interconnection between these two terms.

Corporate social responsibility

SRJ is a prestige metric based on the idea that not all citations are the same. SJR uses a similar algorithm as the Google page rank; it provides a quantitative and qualitative measure of the journal's impact. SNIP measures contextual citation impact by wighting citations based on the total number of citations in a subject field. This article presents a structured review of the literature about corporate social responsibility, from the origins and evolution of the discipline, as a field of research, until the present. A review is also presented on the main contributions of authors and institutions in relation to the promotion of social responsibility, focusing on two complementary trends that have gained prominence as theoretical support: institutional theory and stakeholder approach. Some controversies and discussions generated in the years around the concept are also discussed.. The analysis of the concept CSR reveals that for a long period of time, organizations have played a fundamental and exclusive economic function in society, contributing actively in the distribution of goods and services, and the generation of wealth and employment.

Case Study of Saudi Company. European Journal of Accounting Auditing and. Finance Research., 3,

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  • Emeterio D. 31.05.2021 at 18:00

    The current market environment is characterized with fierce competition, which pressures all corporations to strive for more success capitalizing on every business strategy or tool to secure sustainability in the market.

  • Karen B. 01.06.2021 at 03:57

    PDF | There is growing research in all areas of ethics and CSR that the concepts of Business Ethics and Corporate Social Responsibility Elsevier B.V. This is an open access article under the CC BY-NC-ND license.

  • Mael F. 01.06.2021 at 10:03

    The boat nam le pdf free brand management in pharma ppt to pdf

  • Leonelo B. 02.06.2021 at 07:10

    Purpose — In business environment, corporate social responsibility CSR is becoming increasingly an important issue for every stakeholder.

  • Hai C. 08.06.2021 at 01:20

    There is growing recognition that good ethics can have a positive economic impact on the performance of firms.


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