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CSR - Coggle Diagram
CSR
Positive impact
Goodwill
Enhanced reputation
Competitive advantage
Cost savings
Capital infusion
Loyal employees
charge premium yet low customer churn
reliance of public officials
Caroll's 4 responsibility of business
discretionary
legal
ethical
economic
Kohlberg's 3 level of moral dev
pre-conventional
conventional
principled
Approaches to ethical behavior
Utilitarian approach
greater common good
free rider problem
no common idea of what is common good
justice approach
treat equals as equal
CEO responsibility pay vs janitor
compensatory treatment vs fairness
individual rights approach
best approach is that protects individual rights
what all rights we have ..
individual at expense of community
Stakeholders
primary
customers
lenders
employees
shareholders
vendors
secondary
govt
competitors
local communities
ngos
trade associations
Traditional View of responsibility of business
Laissez faire
Profit
CSR as subversive
Code of ethics
how employers wants employees to behave
ethics
moral
legal