Corporate Social Responsibility and Business Ethics in The Corporation Documentary

BUSINESSES LAWS AND
ETHICS

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
Corporate Social Responsibility .......................................................................................3
Business Ethics..................................................................................................................3
Discussion of statement.....................................................................................................4
The Corporation.................................................................................................................4
Corporate Behaviour..........................................................................................................5
Relation between Corporate Behaviour and Corporate Responsibilities.........................5
CONCLUSION...............................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Corporate social responsibility refers to making policies and regulations keeping in view
environmental care and public interests so that maximum value can be delivered to customers. It
represents the behaviour of the company or shows the activities that lead by organisation to
protect natural environment, resources in order to retain strong brand image in external
environment. “The Corporation” is a documentary movie based on the challenges of business
ethics and responsibility that are face firm towards its shareholders and the outer world.
Following essay will discuss the corporate social responsibilities, corporate behaviour
individually and the relation between social responsibility/irresponsibility and corporate
behaviour as showed in the documentary “ The corporation”.
Corporate Social Responsibility
Corporate Social Responsibilities (CSR) can be defined as accountability of the business
towards its stockholders, itself and the people. Business have to manage its goodwill to survive
in the corporate world (Tamvada, 2020). Socially Responsible companies have regulations that
benefits the society and environment. These responsibilities have positive impact on the outer
world. People are more likely to buy shares and products or services of social responsible
companies that lead in increasing profitability of the business. Making corporate Social
responsibilities as a part of Company took a lot of efforts which include reducing waste, saving
or conserving water, providing employees a good healthy environment, obtaining organic
resources, Saving Electricity and other practices that are beneficial socially and environmentally.
Concept of social responsibilities has different terms i.e. social accounting, corporate
citizenship, corporate responsibility, sustainable business and corporate social performances
(Gheraia, Saadaoui and Abdelli, 2021). Corporate Social Responsibilities are divided into three
parts economic, legal and ethical responsibilities.
Business Ethics
Business Ethics are the values and principle of the firm on which actions of company are
based (Ferrell, and et.al, 2019). It deals with internal values of the firm which also include social
responsibilities. In a business, ethics refers to the code of conduct that make a business socially
responsible. It helps in evaluating what is good or bad for the business in the decision-making.
Consideration of ethics is how an individual should behave morally while the values refer to
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