Scribd
Upload
43 views1 page

The Business Case" For CSR Can Be Misunderstood Very Easy. If Social and Environmental

Corporate responsibility consists of four key points: 1) Responsibility is a central concept in morality that can be applied to businesses as moral actors. This gives clarity and depth to how responsibility is used in business. 2) Responsibility has three components - it must be clearly defined within an organization, the organization must be accountable to legitimate stakeholders, and it encompasses economic, social, and environmental impacts. 3) While CSR is sometimes opposed to business ethics, CSR is actually related to ethics. 4) Simply using social and environmental concerns as a means to an economic end undermines CSR and leads to mistrust, as the true motivation is revealed to be profit over people and planet.

Uploaded by

Melissa Ray Cailles Escobar
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
43 views1 page

The Business Case" For CSR Can Be Misunderstood Very Easy. If Social and Environmental

Corporate responsibility consists of four key points: 1) Responsibility is a central concept in morality that can be applied to businesses as moral actors. This gives clarity and depth to how responsibility is used in business. 2) Responsibility has three components - it must be clearly defined within an organization, the organization must be accountable to legitimate stakeholders, and it encompasses economic, social, and environmental impacts. 3) While CSR is sometimes opposed to business ethics, CSR is actually related to ethics. 4) Simply using social and environmental concerns as a means to an economic end undermines CSR and leads to mistrust, as the true motivation is revealed to be profit over people and planet.

Uploaded by

Melissa Ray Cailles Escobar
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
You are on page 1/ 1

Corporate Responsibility and CSR A concise concept of corporate responsibility consist of four points: First, responsibility, as self-commitment originating

from freedom, is a rich and central concept of contemporary morality and can be applied to the business organization as a moral player, by doing so, the widely and vaguely used term responsibility, in business language and corporate reports, gains clarity and depth. Second, responsibility includes three components:
(1) (2) (3)

It needs to be anchored in a clearly defined subject bearer of responsibility (which might be an individual, a group, an organization, a nation, or another entity) Executing responsibility means answering the questions asked by others who have legitimate authority to do so, now commonly called stakeholder Hence, the third component of corporate responsibility deals with the contents that can be divided into three major groups; economic, social and environmental.

Third, given the widespread custom of opposing corporate social responsibility against business ethics, one might assume that CSR has nothing to do with ethics. Fourth, the discussion about the purposes of the company brings to the fore that making the business case for CSR can be misunderstood very easy. If social and environmental concerns are merely used as means in order to achieve a single and often simple economic purpose (for instance, to make money), the endeavor of making the business case becomes self-defeating, entailing mistrust and skepticism among those inside and outside the company as this kind of strategy is revealed.

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy