MODERN MANAGEMENT CORPORATE SOCIAL RESPONSIBILITY AND BUSINESS ETHICS Chang Jinghui erin2007@foxmail.com MODERN MANAGEMENT
Modern management Modern management CORPORATE SOCIAL RESPONSIBILITY AND BUSINESS ETHICS Chang Jinghui erin2007@foxmail.com
MODERN MANAGEMENT Objectives 1.A thorough understanding of the term corporate social responsibility "2.An ability to argue both for and against the assumption of social responsibilities by business "3.Useful strategies for increasing the social responsiveness of an organization "4.Insights into the planning,organizing,influencing,and controlling of social responsibility activities
Modern management Objectives ▪ 1. A thorough understanding of the term corporate social responsibility ▪ 2. An ability to argue both for and against the assumption of social responsibilities by business ▪ 3. Useful strategies for increasing the social responsiveness of an organization ▪ 4. Insights into the planning, organizing, influencing, and controlling of social responsibility activities
MODERN MANAGEMENT Content "I.Fundamentals of corporate social "6.Social responsiveness and responsibility:The Davis Model of decision making corporate social responsibility "7.Approaches to meeting social 2.Areas of corporate social responsibilities responsibility 8.Social responsibility activities and "3.Varying opinions on social management functions responsibility ■g.Business ethics 4.Conclusions about the performance of social responsibility 1o.Sustainability activities by business "5.Social responsibility:Determining whether a social responsibility exists
Modern management Content ▪ 1. Fundamentals of corporate social responsibility: The Davis Model of corporate social responsibility ▪ 2. Areas of corporate social responsibility ▪ 3. Varying opinions on social responsibility ▪ 4. Conclusions about the performance of social responsibility activities by business ▪ 5. Social responsibility: Determining whether a social responsibility exists ▪ 6. Social responsiveness and decision making ▪ 7. Approaches to meeting social responsibilities ▪ 8. Social responsibility activities and management functions ▪ 9. Business ethics ▪ 10. Sustainability
MODERN MANAGEMENT 1.Fundamentals of corporate social responsibility "The term social responsibility means different things to different people. Corporate social responsibility is the managerial obligation to take action that protects and improves both the welfare of society as a whole and the interests of the organization. The following sections present the fundamentals of social responsibility of businesses by discussing these topics: 1.The Davis Model of corporate social responsibility 2.Areas of corporate social responsibility "3.Varying opinions on social responsibility 4.Conclusions about the performance of social responsibility activities by business
Modern management 1. Fundamentals of corporate social responsibility ▪ The term social responsibility means different things to different people. ▪ Corporate social responsibility is the managerial obligation to take action that protects and improves both the welfare of society as a whole and the interests of the organization. ▪ The following sections present the fundamentals of social responsibility of businesses by discussing these topics: ▪ 1. The Davis Model of corporate social responsibility ▪ 2. Areas of corporate social responsibility ▪ 3. Varying opinions on social responsibility ▪ 4. Conclusions about the performance of social responsibility activities by business
MODERN MANAGEMENT THE DAVIS MODEL OF CORPORATE SOCIAL RESPONSIBILITY ■ Proposition I:Social responsibility arises from social power ■ Proposition 2:Business shall operate as a two- way open system,with A Home Depot assistant open receipt of inputs manager at work in Stratford. from society and open CT.One area of social responsibility for Home Depot disclosure of its includes convincing its suppliers operations to the public to protect forests in countries like Chile and Indonesia. Source:Courtesy of Douglas Healey/The New York Times/Redux Pictures
Modern management THE DAVIS MODEL OF CORPORATE SOCIAL RESPONSIBILITY ◼ Proposition 1: Social responsibility arises from social power ◼ Proposition 2: Business shall operate as a twoway open system, with open receipt of inputs from society and open disclosure of its operations to the public