corporate citizen DB 2.edited.docx - Claudia K Gonzalezcastro DB2 BMAL 560 How does a firm become a better corporate citizen In today\u2019s society

corporate citizen DB 2.edited.docx - Claudia K...

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Claudia K. GonzalezcastroDB2BMAL 560How does a firm become a better corporate citizen?In today’s society business not only have to be good at what they do but they also need toprovide a service that consumers want. Today businesses need to also think about how they affectthe community in which they serve. When looking at a business or corporation the term corporate power comes to mind. Corporate power“is the capability of corporations to influence government, the economy, and society, based on their organizational resources” (Lawrence & Webber, 2014, p. 47). It is no longer acceptable to just provide a service and generate a profit. Corporate citizenship is defined as “involving the social responsibility of businesses,and the extent to which they meet legal, ethical and economic responsibilities, as established by shareholders” (Chen, 2018). According to an article by Almeas “A 2017 study byCone Communicationsfound that 78 percent of Americans want companies to address important social
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