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ethics & corporate social responsibility (the stakeholder concept…
ethics & corporate social responsibility
views on corporate social responsibility
supporting
opposing
the stakeholder concept
shareholders & owners
employees
customers
suppliers
creditors
competitors
community
public interest groups & media
government
major areas in social responsibility
environmental concerns
energy conservation
pollution control
consumerism
incomplete information in advertising
product safety
overcharging/profiteering
coercive selling
equal opportunity in employment
community support/philanthropy
business ethics
some ethical issues
conflict between personal values & organisational goals
conflict between organisational goals & social values
hazardous but popular products
exploitation of certain groups
factors affecting business ethics
individual characteristics
personal values
ego strength
organisation's structural design
strong guidance
formalisation
organisation's culture
ethical guidelines
communication & encouraging business ethics