2. WEEK 4 INSTRUCTOR GUIDANCE
BUS 250: Corporate &
Social Responsibility
BUS 250
Week 4
3. BUS 250 COURSE LEARNING MAP
Week 1: Introduction to CSR & Stakeholder
Analysis
Week 2: Equity, Ethics & the Role of
Government in CSR, Global Concerns of CSR
Week 3: Environmental Issues, Government
Policy
Week 4: Internal Stakeholders, Privacy
Concerns, Insider Trading, CSR Reporting
Week 5: Leadership Challenges, Free Speech,
Strategic Giving
4. WEEK 4 LEARNING ACTIVITIES
Task Description Due
Discussion #1: Insider Trading Thurs, Day 3
Discussion #2: Shareholder Activism Thurs, Day 3
Written Assignment Stock Screening Mon, Day 7
Assigned
Reading
Description Source
Text: Chapter 3 Looking Inward: Employers, Suppliers, Investors (Hammond &
Christensen, 2016)
Text : Chapter 6 The Corporation as Steward (Hammond &
Christensen, 2016)
Text : Chapter 9 CSR Reporting Standards & Practices (Hammond &
Christensen, 2016)
5. WEEK 4: IMPORTANT NOTES
Discussions:
Same pattern as weeks 1-3
Written Assignment:
Define stock screening in your OWN WORDS.
What criteria would YOU use to screen stocks? Pick
five – explain what specifically would you want to see or
NOT see as it related to these criteria
Summarize the stock screening you described – use
sources!
Writing Resources:
Ashford Writing Center & Library
FSB APA Style Standards
6. This week you will learn to:
Examine insider trading in the context of a
Supreme Court ruling.
Evaluate proposed solutions to consumer
privacy issues.
Evaluate the ethical implications of utilizing
copyrighted material found on the internet.
WEEK 4 LEARNING OBJECTIVES
7. CHAPTER 3 - LOOKING INWARD:
EMPLOYERS, SUPPLIERS, INVESTORS
Employee Rights
(Full time, part time, contractors & informal)
Safety
Participation in work
Organize & collective bargaining
Speech (including protection after
whistleblowing)
Protection for honesty tests
Right to privacy (Hammond & Christensen,
Chapter 3, 2016)
10. CHAPTER 6
THE CORPORATION AS STEWARD
Fiduciary responsibility
Legal relationship of trust
Stewardship
Responsible care of
Interdependence between
1. Economy
2. Livable communities
3. Social inclusion
4. Governance
11. CHAPTER 6
THE CORPORATION AS STEWARD
Capitalism based on private ownership
Financial stewardship - ROI
(Hammond & Christensen, Chapter 6, 2016)
12. CHAPTER 6
THE CORPORATION AS STEWARD
Life Cycle Analysis – includes future predictions cradle to
grave
STEPS:
1. Determine goal and scope
2. Inventory
3. Impact studies
4. Interpretation
(Hammond & Christensen, Chapter 6, 2016)
http://www.ruthtrumpold.id.au/destech/?page_id=1744
13. CHAPTER 6
THE CORPORATION AS STEWARD
Cooperative Culture
Communitarianism
Green Movement including associations & activism
• https://www.nature.org
• http://www.greenpeace.org/usa
• http://www.sierraclub.org
EPA
Epa.gov
(Hammond & Christensen, Chapter 6, 2016)
14. CHAPTER 9
CSR REPORTING STANDARDS & PRACTICES
Standards were lacking
Modeled after GAAP
(Generally Accepted Accounting Principles)
Coalition for Environmentally Responsible Economies
Created 10 points of Environmental Conduct
https://www.ceres.org
Global Reporting Initiative
https://www.globalreporting.org
(Hammond & Christensen, Chapter 9, 2016)
15. CHAPTER 9
CSR REPORTING STANDARDS & PRACTICES
CSR Reports Phases
Early reporting was for public image & to impress shareholders
Evolved into use for innovation & improvement
Now relies on third party verification
CSR Benefits
Reduced risk / increased value
Improved board & C-Suite engagement
Stronger internal reporting and systems
Improved stakeholder communictions
(Hammond & Christensen, Chapter 9, 2016)
16. ADDITIONAL RESOURCES
From Ashford’s Library –
Glinkowska, B. & Kaczmarek, B. (2016). Classical and modern concepts of corporate
governance (Stewardship Theory and Agency Theory). Management, 19(2), pp. 84-92.
Retrieved 19 Mar. 2017, from doi:10.1515/manment-2015-0015
From Ashford’s Library – Films on Demand
After the fall: Part 4—Meltdown [Video file]. (2010). Retrieved March 19, 2017, from
http://fod.infobase.com/PortalPlaylists.aspx?wID=100753&xtid=58426
Socially responsible investing [Video file]. (2005). Retrieved March 19, 2017, from
http://fod.infobase.com/PortalPlaylists.aspx?wID=100753&xtid=37195
18. REFERENCES
Coalition for Environmentally Responsible Economies. CERE.org
Environmental Protection Agency. EPA.gov
Global Reporting Initiative. Globalreporting.org
Greenpeace. Greenpeace.org/usa
Hammond, S. C., & Christensen, L. J. (2016). Corporate and social
responsibility: Road map for a sustainable future. San Diego, CA:
Bridgepoint Education, Inc.
The Nature Conservancy. Nature.org
Sierra Club. Sierraclub.org
18
Editor's Notes
Corporate Social Responsibility explores the Triple Bottom Line – Profit, People and the Planet.
Week 1: Introduction to CSR & Stakeholder Analysis – who’s involved and how to reconcile the competing interests of various stakeholders
Week 2: Equity, Ethics & the Role of Government in CSR, Global Concerns of CSR – how laws reflect ethics but there are distinguishable differences, and when factoring in cultural differences internationally there are additional complications
Week 3: Environmental Issues, Government Policy - Global warming, waste management and recycling are concerns about the public is interested in. Greenwashing is the appearance of being environmentally concerned but it may be insincere.
Week 4: Internal Stakeholders, Privacy Concerns, Insider Trading, CSR Reporting – Employees and employers have a social contract and must respect one another’s privacy and right to confidentiality. Investments must be legally compliant.
Week 5: Leadership Challenges, Free Speech, Strategic Giving – Managers are charged with protecting the reputation of the organization and making decisions that are consistent with the mission.
Discussions Please follow the instructions very carefully for each of the discussions. In your discussion forum postings, make sure you respond to your peers in a timely and substantive manner. You will be evaluated on the depth of your responses as well as the applications of your readings to the various discussion forum questions. Please be sure to cite any outside sources of data or information as well. Although APA formatting is not required in discussion forums, APA guidelines for citations and references must be followed. Note that a link to the APA Style Standards for Ashford University can be found in the Course Home section.
First post per thread – due on or before Thursday, two additional posts by Monday.
Assignment
Apply Your Knowledge: Stock Screening. Due by Day 7. Read Section 3.5 on Stock Screening. At the end of Chapter 3, complete the activity Apply Your Knowledge: Stock Screening. In a two-page paper (not including the title and reference pages) you must:
Define stock screening in your own words. Cite your source for this. This is a little confusing…. If you use 100% YOUR words you don’t have anything to cite so you might want to include a textbook definition and YOUR interpretation of this.
Develop a list of five criteria for activist stock screening. These might include social, political, or environmental issues that are meaningful to you, such as child labor, solar energy, or compliance with certain government regulations.
Summarize the stock screening procedure citing your sources.
You must use at least one scholarly source in addition to the text and your paper must be formatted according to APA style guidelines as outlined in the Ashford Writing Center. Note: Title must appear on the first page of text; headings must be used in all APA essays; and, the final heading of your paper must be the word: Conclusion. Contact your instructor if you have any questions regarding proper formatting.
Week Four Basics
Chapter three focuses on the internal. The face of employment is evolving and current generations are less likely to stay in long-tenured positions. Some are not even employees at all… but rather work as temporary or independent contractors. That changes their organization commitment, doesn’t it?
Chapter six highlights the role of business in communitarianism, the thought that organizations have a fiduciary duty to protect the entire community in which they operate.
Chapter nine addresses reporting, both required financial reporting and optional CSR reporting. Often the public, including investors, have to take “their word for it” when an organization makes a claim. But when society standardizes how organizations measure their three Ps (profit, people & planet) the common outsider can better compare like units.
Week Four Basics
Chapter three focuses on the internal. The face of employment is evolving and current generations are less likely to stay in long-tenured positions. Some are not even employees at all… but rather work as temporary or independent contractors. That changes their organization commitment, doesn’t it?
Chapter six highlights the role of business in communitarianism, the thought that organizations have a fiduciary duty to protect the entire community in which they operate.
Chapter nine addresses reporting, both required financial reporting and optional CSR reporting. Often the public, including investors, have to take “their word for it” when an organization makes a claim. But when society standardizes how organizations measure their three Ps (profit, people & planet) the common outsider can better compare like units.
Week Four Basics
Chapter three focuses on the internal. The face of employment is evolving and current generations are less likely to stay in long-tenured positions. Some are not even employees at all… but rather work as temporary or independent contractors. That changes their organization commitment, doesn’t it?
Chapter six highlights the role of business in communitarianism, the thought that organizations have a fiduciary duty to protect the entire community in which they operate.
Chapter nine addresses reporting, both required financial reporting and optional CSR reporting. Often the public, including investors, have to take “their word for it” when an organization makes a claim. But when society standardizes how organizations measure their three Ps (profit, people & planet) the common outsider can better compare like units.
