DB 2 Replies.docx - Running head DB 2 REPLIES 1 DB 2 Replies LaTrina A Paschel Liberty University BMAL 560 June 2019 Dr Christopher McChesney DB 1

DB 2 Replies.docx - Running head DB 2 REPLIES 1 DB 2...

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Running head: DB 2 REPLIES 1 DB 2 Replies LaTrina A. Paschel Liberty University BMAL 560 June , 2019 Dr. Christopher McChesney
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DB 1 REPLIES 2 DB 2 Replies corporate social responsibility and corporate citizenship Question: Contrast corporate social responsibility and corporate citizenship. (Chapter 7) Response: Lawrence and Weber (2017) define corporate social responsibility (CSR) as the way “a corporation should act in a way that enhances society and its inhabitants and be held accountable for any of its actions that affect people, their communities, and their environment” (p. 48). This term can is condensed to the responsibility to the society the corporation is incorporated in. The Bible states, “For each will have to bear his own load” (Galatians 6:5, New International Version). Each corporation is responsible for its actions and the work they produce to ensure longevity. According to Büchner (2014), “companies that neglect to fulfill their social responsibility towards workers, customers, society and environment at large will not be successful in the long term” (Büchner, 2014, p. 44). Similar to corporate social responsibility is corporate citizenship, or “the actions they (the corporation) take to put their commitments to corporate social responsibility into practice” (Lawrence & Weber, 2017, p. 49). The Business and Society Review argues corporate citizenship “emphasizes the idea that corporations have rights and duties” (Valor, 2015, p. 195). The debate on the meaning of corporate citizenship continues to toggle between concrete and abstract thinking (Lawrence & Weber, 2017, p. 49). While corporate social responsibility and corporate citizenship are linked, there are several differences. Corporate social responsibility is connected directly to regulations enforced by the government. For example, an economic regulation, such as a financial regulation placed by the
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DB 1 REPLIES 3 Federal Trade Commission (FTC) (Lawrence & Weber, 2017, p. 144). Fischer (2019) states, “if organizations as a whole embrace a covenantal approach to CSR, the case can be made that our lawmakers will (hopefully) not see the need for more regulations.” How can a corporation implement a biblical CSR approach? This starts with corporate citizenship. The Journal of Behavioral and Applied Management believes corporate citizenship is more the interactions and relationships between companies, employees, and vital stakeholders, where corporate social responsibility is the interactions with those outside the organization (Cameron & Sosik, 2016, p.
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