Ethical and Social Responsibility

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    Legal Behavior = EthicalBehavior?

    Ethics code of moral principles andvalues that governs the behaviors ofa person with respect to what is rightor wrong.

    Ethical Behavior- right/ good in thecontext of governing moral code.

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    ETHICAL STANDARDS

    Relationship Between EthicalStandards and Legal

    Requirements

    LEGALREQUIREMENTS

    ROBBERY

    MURDER

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    Four Views of EthicalBehavior

    Utilitarian*delivers the greatest

    good to the most people

    Individualism*advanceslong termself-interest

    Moral Rights*respects andprotects fundamentalrights of the people

    Justice*treats peopleimpartially andfairlyaccording to legalrules and

    standards

    Procedural- policies and

    rules

    Distributive-Equal treatment

    Interactional

    -Dignity andrespect

    Commutative- Fairness to all interms of

    transactions

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    Cultural Issues in EthicalBehavior

    Cultural RelativismWhen in Rome do as the Romans do

    UniversalismBehavior unacceptable in ones homeshould not be acceptable anywhereelse.

    Ethical Imperialism Do not do anything you would not doat home

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    How do ethical dilemmascomplicate the workplace?

    Ethical dilemmas

    Discrimination

    Sexual harassment

    Conflict of interest

    Product Safety

    Organizational Resources

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    Rationalization of UnethicalBehavior

    Convincing Oneself that:

    Behavior is not really illegal.

    Behavior is in everyones bestinterest.

    Nobody will ever find out.

    The organization will protect you.

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    How to Maintain HighEthical Standards

    Ethics Training

    Whistleblower Protection

    Code of Ethics-Formal statement of an

    organizations values and ethical principlesregarding how to behave in situationssusceptible to the creation of ethicaldilemmas.

    Moral Management: Immoral manager (intentional)

    Amoral manager (unintentional)

    Moral manager

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    Areas Often Covered by Codeof Ethics

    Bribes and Kickbacks

    Political Contributions

    Honesty of books or records Customer/ Supplier Relationships

    Confidentiality of Corporate

    Information

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    Definitions

    CSR is seriously considering theimpact of the companys action onsociety (Baver).

    CSR is the obligation of decisionmakers to take actions which protectand improve the welfare of society asa whole along with their own interest(David and Blomstrom).

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    Definitions

    Not only economic and legalobligations but also certainresponsibilities to society (McGuire).

    Relates primarily to achievingoutcomes from organizationaldecisions concerning specific issues

    on problems which have beneficialeffects upon pertinent corporatestakeholders (Epstein).

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    Corporate SocialResponsibility

    Obligates organizations to act in ways thatserve both its own interests and theinterests of society at large.

    Stakeholders may hold differing views.

    T i l O i ti l

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    Typical OrganizationalStakeholders

    COMPANY

    Local

    Communities

    Employees

    Government

    Customers

    Suppliers

    BusinessPartners

    Owners

    Competitors

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    CSR Perspectives

    Classical View Managements only

    responsibility in

    running a businessis to maximizeprofits.

    SocioeconomicView- Management must

    be concerned for thebroader socialwelfare, not justprofits.

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    Evaluating Corporate SocialPerformance

    Social Responsibility Audit:

    Economic (profitability)

    Legal (compliance with law)

    Ethical ( doing what is right)

    Philanthropic (broader community)

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    Strategies for pursuing CSR

    Economic

    Legal

    Ethical

    Discretionary

    ObstructionistStrategies

    Defensive Strategies

    AccommodativeStrategies

    ProactiveStrategies

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    In a Nutshell

    Ethics is not the same as followingthe law.

    Ethical decisions are influenced bymanagements personal background,organizational culture and systems.

    When in doubt, dont do it.

    One who is dishonest in very smallmatters is dishonest in great ones.


CORPORATE SOCIAL RESPONSIBILITY AND ETHICAL ISSUESdata.conferenceworld.in/SGTB/P696-707.pdf · CORPORATE SOCIAL RESPONSIBILITY AND ETHICAL ISSUES ... study and analyses the corporate

CORPORATE SOCIAL RESPONSIBILITY AND ETHICAL ISSUESdata.conferenceworld.in/SGTB/P696-707.pdf · CORPORATE SOCIAL RESPONSIBILITY AND ETHICAL ISSUES ... study and analyses the corporate

Photojournalism Social Responsibility inSocial Responsibility Social responsibility is an ethical ideology or theory that an entity, be it an organization or individual, has an obligation

Photojournalism Social Responsibility inSocial Responsibility Social responsibility is an ethical ideology or theory that an entity, be it an organization or individual, has an obligation

A Longitudinal Study of Social and Ethical Responsibility ...

A Longitudinal Study of Social and Ethical Responsibility ...

Key Concepts. Corporate Social Responsibility Corporate Social Responsibility Ethical Do what is right. Legal Obey the Law. Economic Be profitable.

Key Concepts. Corporate Social Responsibility Corporate Social Responsibility Ethical Do what is right. Legal Obey the Law. Economic Be profitable.

From Ethical Responsibility to Corporate Social … Ethical Responsibility to Corporate Social Responsibility ... ignoring the individual ... Moral responsibility may also be understood

From Ethical Responsibility to Corporate Social … Ethical Responsibility to Corporate Social Responsibility ... ignoring the individual ... Moral responsibility may also be understood

Learning Objectives Business Ethics Ethical Theories Corporate Social Responsibility Guidelines for Ethical Decision Making Critical Thinking 4 - 1.

Learning Objectives Business Ethics Ethical Theories Corporate Social Responsibility Guidelines for Ethical Decision Making Critical Thinking 4 - 1.

Social and Ethical Responsibility Back to Table of Contents.

Social and Ethical Responsibility Back to Table of Contents.

Ethical Behavior and Social Responsibility

Ethical Behavior and Social Responsibility

Demonstrating Ethical Behavior Social Responsibility

Demonstrating Ethical Behavior Social Responsibility

Corporate Social Responsibility - Center for Ethical Business

Corporate Social Responsibility - Center for Ethical Business

Corporate Social Responsibility and Ethical Exchange ... · Corporate Social Responsibility and Ethical Exchange Behavior ... “Corporate Social Responsibility, Ethics, ... social

Corporate Social Responsibility and Ethical Exchange ... · Corporate Social Responsibility and Ethical Exchange Behavior ... “Corporate Social Responsibility, Ethics, ... social

Social and ethical responsibility of management

Social and ethical responsibility of management

Ethical Behaviour and Social Responsibility Toolkit · Ethical Behaviour and . Social Responsibility Toolkit (D) Socially Responsible and Engaged in their Communities 1. Ethical aware

Ethical Behaviour and Social Responsibility Toolkit · Ethical Behaviour and . Social Responsibility Toolkit (D) Socially Responsible and Engaged in their Communities 1. Ethical aware

Chapter 2 Corporate Social Responsibility, Corporate ... · Corporate Social Responsibility, Corporate Governance and Corporate ... Society and the Battle for Ethical ... Social Responsibility,

Chapter 2 Corporate Social Responsibility, Corporate ... · Corporate Social Responsibility, Corporate Governance and Corporate ... Society and the Battle for Ethical ... Social Responsibility,

Ethical Perspectives and Corporate Social Responsibility.

Ethical Perspectives and Corporate Social Responsibility.

Corporate Social Responsibility 2019 - Thor Social Responsibility.pdf · We take corporate social responsibility very seriously and are committed to the highest ethical standards.

Corporate Social Responsibility 2019 - Thor Social Responsibility.pdf · We take corporate social responsibility very seriously and are committed to the highest ethical standards.

Demonstrating Ethical Behavior and Social Responsibility

Demonstrating Ethical Behavior and Social Responsibility

Corporate Social Responsibility, Organizational culture… david.pdf · Corporate Social Responsibility, Organizational culture, Ethical citizenship and Reputation of financial institutions

Corporate Social Responsibility, Organizational culture… david.pdf · Corporate Social Responsibility, Organizational culture, Ethical citizenship and Reputation of financial institutions

1 Ethics and Social Responsibility Chapter 3. Chapter Outline Theories of ethics The nature of ethical decisions Pragmatism vs. social responsibility.

1 Ethics and Social Responsibility Chapter 3. Chapter Outline Theories of ethics The nature of ethical decisions Pragmatism vs. social responsibility.

Ethical Issues Social Responsibility

Ethical Issues Social Responsibility