CORPORATE SOCIAL RESPONSIBILITY 11 which the society benefits. In this case, corporate social responsibility enables a business to commit itself to the action of conceiving a mission in the society, and this is explained by Friedman to the reality of how action programs become socially responsible and get conceived and enacted in a strategically managed business. Through this support to the environment, I do oppose the statement in the debate that corporate social responsibilities provide greater benefits to the organization than the society and other stakeholders (Mulligan, P.266, 1986). Indeed, corporate social responsibility shows that corporations have the power and ability to make important contributions towards the process of solving societal issues. Shareholders have proved to have moral obligations towards the society and desire often to go beyond the bottom line. Rules can be identified to change in the society and corporations have made claims citizenship within the society and hence consider their effects on other stakeholders. In conclusion, the idea of social responsibilities requires that the corporation entails both economic and legal obligations together with certain responsibilities to society that go beyond these obligations (Schwartz & Saiia, P.13, 2012).In this debate, therefore, i give a stand due to the points illustrated that I oppose the statement in the debate that corporate social responsibility provides greater benefits to the organization than the society and other stakeholders. References
CORPORATE SOCIAL RESPONSIBILITY 12 Baker, M & Roberts, J. ( 2011). ‘ All in the Mind? Ethical Identity and the Allure of Corporate Responsibility’ Journal of Business Ethics , 101, pp 5-15. Bannerjee, SB (2008) ‘ Corporate Social Responsibility: The Good, the Bad and the Ugly ’, Critical Sociology , 34(1), pp 51-79. Bejou, D. (2011). ‘ Compassion as the New Philosophy of Business’ , Journal of Relationship Marketing, 10, pp 1-6. Cosans, C. (2009). ‘Does Milton Friedman Support a Vigorous Business Ethics ?’ Journal of Business Ethics , 87, pp 391-399. Mulligan, T . (1986 ).‘ A Critique of Milton Friedman’s Essay “The Social Responsibility of Business Is to Increase Its Profits’ ’’, Journal of Business Ethics, 5, pp 265-269. Neimark, MK (1995). ‘ The selling of ethics: The ethics of business meets the business of ethics’ , Accounting, Auditing & Accountability Journal, vol. 8, no. 3, pp 81-96. Roberts, J. (2003). ‘The Manufacture of Corporate Social Responsibility: Constructing Corporate Sensibility’, Organization, 10, pp 249-265. Schwartz, MS & Saiia, D. (2012). ‘ Should Firms Go “Beyond Profits”? Milton Friedman versus Broad CSR’ , Business and Society Review, 117, pp 1-31. Carrol, A. (1991). The pyramid of corporate social responsibility .Business Horizons Crisp, R. (2008). Compassion and beyond .Ethics theory and moral Practice
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