Homework Help | What are the arguments for and against the concept of social responsibility?

What are the arguments for and against the concept of social responsibility? Where do you stand, and why? Give your opinions about some of the text examples.

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Ethics, Corporate Responsibility, and Sustainability

Several arguments have been attached to the responsibility of the management to the wellbeing of the business, as well as that of the shareholder’s equity. There are also numerous concerns as to if the management has any responsibility to aspects outside the | PLACE YOUR ORDER NOW AT writtask.com | of corporate social responsibility argue that corporations as a whole poses a wide range of responsibility extending beyond the limits of the goal of the business to make available goods and services for | PLACE YOUR ORDER NOW AT writtask.com | suggests that as legal entities and societal members, corporations have a responsibility to be active participants in the | PLACE YOUR ORDER NOW AT writtask.com | of the concept of corporate social responsibility on the other hand argue that the managements of businesses have to act as shareholders’ | PLACE YOUR ORDER NOW AT writtask.com | that ultimately the responsibility of management ought to be to shareholders and not the community.

While I do not believe that corporates have a responsibility to the community outside of their core businesses except for activities that directly affect the environment in which the community lives, having a sense of responsibility is in the best interest of the | PLACE YOUR ORDER NOW AT writtask.com | acting this way is part of generating a positive image for the corporation that encourages the use of its products and services. In essence, it is more profitable for corporations to strive to better their local | PLACE YOUR ORDER NOW AT writtask.com | leads some business organizations to do things such as donating to charitable organizations or schools to win the community as customers or employees. A closer look at such acts reveals that they are neither morally nor ethically | PLACE YOUR ORDER NOW AT writtask.com | mere marketing strategies for the | PLACE YOUR ORDER NOW AT writtask.com | also appeasements used to gain tax incentives such as tax holiday or | PLACE YOUR ORDER NOW AT writtask.com | are not harmful or bad actions because they create a symbiotic relationship between the business and the community which constitute its customer base and their workforce, I do not believe that they are motivated by true moral responsibility but by other financial gain motives.

References

Blanchard, K., & Peale, N. V. (2011). The power of ethical management. Random house.

Chwistecka-Dudek, H. (2016). Corporate Social Responsibility: Supporters vs. opponents of the concept. In Forum Scientiae Oeconomia (Vol. 4, No. 4, pp. 171-179).

Kim, Y., & Statman, M. (2012). Do corporations invest enough in environmental responsibility? Journal of Business Ethics, 105(1), 115-129.

Radnović, B., Ilić, M., & d Živković, Z. (2011). Corporate social responsibility and the nonprofit sector-an unethical marketing strategy or genuine concern? Regional and Business Studies, 3(1 Suppl.), 787-796.