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HC2121 Comparative Business Ethics & Social Responsibility - (Doc)

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Holmes Institute Sydney

   

HC2121 Comparative Business Ethics and Social Responsibility (HC2121)

   

Added on  2020-05-28

HC2121 Comparative Business Ethics & Social Responsibility - (Doc)

   

Holmes Institute Sydney

   

HC2121 Comparative Business Ethics and Social Responsibility (HC2121)

   Added on 2020-05-28

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Running head: COMPARATIVE BUSINESS ETHICS & SOCIAL RESPONSIBILITY1Comparative Business Ethics & Social ResponsibilityStudent’s NameInstitutional Affiliation
HC2121 Comparative Business Ethics & Social Responsibility - (Doc)_1
Comparative Business Ethics & Social Responsibility2Short Introduction and ConclusionBusiness ethics explores the fundamental ethical issues faced by businesses that involve trust and integrity. For instance, if the customers perceive that an organization is portraying progressive commitment to ensure ethical business practices, then high trust levels are developedbetween the customers and the business. Ethical issues are challenges that need an organization or an individual to make choices between alternatives which must be examined as ethical or unethical (Johnson, Sutton & Theis, 2018). Therefore, business ethics is a field that studies appropriate business practices as well as policies which base on controversial issues which include corporate governance, discrimination, fiduciary responsibilities, insider trading bribery, leadership, corporate social responsibility, and others. For this paper, an article is selected which explores the issue of corporate social responsibility in business ethics. This article was written byHalme, Rintamäki, Knudsen, Lankoski & Kuisma, (2018) was published on 26th March 2018 hence it explains clearly about the issue of corporate social responsibility. The article outlines that there exist two pathways of corporate social responsibility which improves environmental performance. Generally, the article’s research has a direct impact on the firms, sustainability rating agencies, government regulators, as well as NGO’s. All these organizations seek to evade decoupling while they seek to ensure that sustainability improvements are achieved through CSR(Aguinis & Glavas, 2012). To conclude, this article creates a room for other philosophers to expand more on a research that focuses on sustainability performance. New practices and policies should be employed to measure the performance of CSR in the organizational environment.Significant Arguments in the Article
HC2121 Comparative Business Ethics & Social Responsibility - (Doc)_2
Comparative Business Ethics & Social Responsibility3There are significant arguments in the article as discussed in this paper regarding corporate social responsibility. In evaluating the background and history of the article, it exploresa business case which concerns corporate social responsibility, (CSR) which attracts a lot of attention for some time. In simple words, this article evaluates if the CSR has a real impact on the achievements in the social and environmental performance of institutions. Halme et al, 2018 advances the corporate sustainability theory by evaluating a theoretical paradigm based on the linkage between operative CSR management and strategic institutional pressures which prevail. Therefore, this article connects to the existing literature in various ways. To start with, the work advances the CSR or organizational sustainability literature as CSR is required to achieve a performance sustainability in every organization (Mansouri, Singh & Khan, 2018). The findings in the article suggest that no assumptions should be made that the social and environmental achievements do not just result from the CSR activities. Moreover, the article shows that the results of CSR performance were not equal across all organizations in regard to the social and environmental domains. Second, Halme et al, 2018 contributes to the literature by elaborating a theory which identifies techniques of decoupling which may result in various CSR management stages, generally, decoupling is only understood through policy practice where symbolic actions are done by organizations to please the stakeholders and ensure implementation of various changes in business activities. Finally, Halme et al, 2018 contributes to the literature by recognizing the exogenous and endogenous pathways of CSR towards social and environmental performance. The findings in the article argue that the practices and structures are vital, in simple words they are symbiotic complements. This argument implies that the structures and practices support each other in acquiring achievements in the case of environmental performance of an
HC2121 Comparative Business Ethics & Social Responsibility - (Doc)_3

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