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Introduction to
Corporate Social Responsibility

By: Chua, Fiona Jean V.
Ethics Principles


Deontological
~distinguishing right from wrong



Teleontological
~only outcomes matter in deciding
whether it is right or wrong



Utilitarianism
~distinguishing right from good
(where “right” covers actions that maximize the good)
Ethics Principles



Ethical Relativism
~no universally valid moral principles



Ethical Objectivism

~moral principles vary from different
countries, but some still have similarity
Corporate Behavior









involves legal rules,
ethical codes of
conduct, and social
responsibility
principles.
affects economy
plays a large role for
company success
gives the corporation
sustainability
long-term survival in
the corporate world
Corporate Behavior
Increasing Importance


Carroll(1979):“ the social responsibility of business
encompasses the economic, legal, ethical, and

discretionary expectations that society has of
organizations at a given point in time”


Whetten et al.(2002):“societal expectations of
corporate behavior; a behavior that is alleged by a
stakeholder to be expected by society or morally
required and is therefore, justifiably demanded of a
business”
Corporate Reputation
Corporate Reputation
Most significant factor in gaining
competitive advantage




Benefits:
Improves Shareholder Value
Improves confidence in investors
Increased customer loyalty
Attracts partnerships and strategic alliances
Shields company from criticism
Conclusion










Ethics in decisionmaking processes



ensures a more
effective, productive, an
d profitable utilization
of economic resources



Corporate Social
Responsibility
indicates concern with
social and
environmental effects of
organizational behavior

Corporate Behavior
affects responsible and
proper economic and
institutional
improvement
an influence to society
and a common benefit
Crowther, D., & Aras, G. (2008). Corporate Social Responsibility. Copenhagen:
Ventus Publishing.

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Introduction to Corporate Social Responsibility and Ethics Principles

  • 1. Introduction to Corporate Social Responsibility By: Chua, Fiona Jean V.
  • 2. Ethics Principles  Deontological ~distinguishing right from wrong  Teleontological ~only outcomes matter in deciding whether it is right or wrong  Utilitarianism ~distinguishing right from good (where “right” covers actions that maximize the good)
  • 3. Ethics Principles  Ethical Relativism ~no universally valid moral principles  Ethical Objectivism ~moral principles vary from different countries, but some still have similarity
  • 4. Corporate Behavior      involves legal rules, ethical codes of conduct, and social responsibility principles. affects economy plays a large role for company success gives the corporation sustainability long-term survival in the corporate world
  • 6. Increasing Importance  Carroll(1979):“ the social responsibility of business encompasses the economic, legal, ethical, and discretionary expectations that society has of organizations at a given point in time”  Whetten et al.(2002):“societal expectations of corporate behavior; a behavior that is alleged by a stakeholder to be expected by society or morally required and is therefore, justifiably demanded of a business”
  • 8. Corporate Reputation Most significant factor in gaining competitive advantage   Benefits: Improves Shareholder Value Improves confidence in investors Increased customer loyalty Attracts partnerships and strategic alliances Shields company from criticism
  • 9. Conclusion      Ethics in decisionmaking processes  ensures a more effective, productive, an d profitable utilization of economic resources  Corporate Social Responsibility indicates concern with social and environmental effects of organizational behavior Corporate Behavior affects responsible and proper economic and institutional improvement an influence to society and a common benefit Crowther, D., & Aras, G. (2008). Corporate Social Responsibility. Copenhagen: Ventus Publishing.