LSC UoS BA Business Law & Ethics: CSR, Behavior, and Legal Aspects

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This report provides an analysis of Corporate Social Responsibility (CSR) within the context of business law and ethics. It defines CSR as a practice undertaken by corporations to create positive environmental and social outcomes, highlighting key issues such as gender equality, community relations, human rights, and labor standards. The report explores the relationship between CSR and corporate behavior, emphasizing the importance of ethical strategies and legal compliance. It references the Harvard Kennedy School M-RCBG programs and Joel Bakan's perspectives from the University of British Columbia, focusing on the role of corporations in promoting public good and ethical standards. The report concludes that CSR and corporate behavior are interconnected, contributing to societal betterment and fair treatment of employees, while also advocating for environmental protection. Desklib provides a platform for students to access similar documents and solved assignments for their academic needs.
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Business Law and
Ethics
(Part 2)
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Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
Corporate Social Responsibility..................................................................................................3
Major Issues in CSR ...................................................................................................................3
Relation in CSR and Corporate Behaviour................................................................................4
Harvard Kennedy School M- RCBG programs..........................................................................5
The corporation provided by Joel bakan through University of British Columbia.....................6
CONCLUSION ...............................................................................................................................6
REFERENCES................................................................................................................................7
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INTRODUCTION
Business law is the assortment of laws which helps out to maintain the general rules and
regulations in order to maintain the principles through which the companies can maintain their
rules and working. This provides the procedures and the methods in which rules are being
applied to the organisation in order to generate the legal implications and principles. In order to
generate the positive approach in the company it is important to maintain the corporate social
responsibilities as that helps out to maintain the positive attribute in the company and also
manage the ethical conducts through which work is being framed. CSR is the most important
function for all the organisation as that helps to main tin the corporate region and personality
with their general significance and importance in CSR (Nicolaides, 2017). In this report their
will be an elaborated meaning of CSR with its relation with corporate behaviour and provides
the general significance.
MAIN BODY
Corporate Social Responsibility
It is a practise which is being taken by the corporation and organisation in order to
maintain and undertake the positive attributes and outcomes for the environment. This helps to
manage the positive culture in the organisation and also manage all the pre social objectives. It
helps in generation of profit for the organisation in a positive manner as by pursuing the changes
and the implemented culture and variant. The major concern of CSR are like environment
protection, removing poverty, charity, voluntarism and many more. The corporate social
responsibility provides the variant and the management through which all the working culture
and their implied cultures are effected. It manages the ethical conducts and the behaviour in
general. As it helps in uplifting the image of the company and also of all the organisation by
generating the positive approach, with reduction of poverty in the society and also by focusing
on the general and the moral goals and conducts (Tao, and Gao, 2017).
Major Issues in CSR
As CSR focus on providing the general methods and the work through which the
company can enhance their working and also in managing the culture and their effective variant.
Some of the focused areas of CSR are like, gender, community relations, equity, anti-corruption,
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human rights, standard of labours etc. These are the important areas and the major concerns for
the companies as this helps in managing the ethical standard and also in enhancing the capital
raised in the market. This also manage the promotion and growth of the company and provides
the increased funds and capital through their varied operational activities. CSR promotes the
customers loyalty as they feel confident towards the products and the services of the organisation
when they see that corporation is applying CSR in their working areas (Köseoglu, Yildiz, and
Ciftci, 2018). It manages the quality of services and the function through which the work and
the procedural of company can be upgraded. Some of the major practise in CSR are mentioned
thereunder: Environmental practises: This is a positive approach towards the environment as the
organization should always focus on managing the concerns and the friendly nature in
order to embrace the nature. As companies have the major responsibilities towards
reduction of pollution, increasing the renewable resources, sustainability, planting trees
so as to manage the greenhouse effect. All these are important so as to serve and provide
the concerning nature of the company (McDonald, and Rojc, 2017). Philanthropy: Companies should focus on making the society to be better for future and
also to dedicate all their small portion of earning to charities and non profit groups and
areas. This focus on providing the major concerned nature through which the society and
the people in needs can gain some advancement (Parella, 2021). Ethical implementation: This provides that companies should focus on managing the
ethical practises and fair treatment with their employees and the stakeholders, it provides
the fair treatment and also ensure and aim all the nature and the responsibilities through
which the employees and all the workers can be managed fairly and ethically. As firms
should try to impose all the processes through which the positive approach in the
environment can be generated (Rugman, and Verbeke, 2017).
Volunteering:It is the active participation of the company so as to manage the benefits of
the company and also to create charity for all the employees whop are affected by it. As it
is the prime duty of all the organisation that they try to manage all the necessary areas
and the poor section of the society to be managed fairly.
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Relation in CSR and Corporate Behaviour
Corporate behaviour is the implied actions taken by the companies as in order to manage
ethical strategies in the organisation and also to frame the legal rules and principles with the
governed responsibilities. It is highly concerned with the rules given by ethics, CSR and law.
Corporate behaviour is majorly being focused in applying all the ethical norms and the standards
through which the company can manage their working and all the ethical rules and standards are
opted. This provide major focus on prime responsibilities through which companies can manage
their efficient working and nature. It creates a sustainable changes and development and also
helps the organisation top manage the survival for major terms (Surden, 2018).
Corporate behaviour is primarily concerned with CSR as all the adaptations and the
implications of the ethical principles and conducts are made on it. This helps out in the growth of
the company and also in implementing the morality and the ethical perceptions through which
society can grow and develop. As CSR and corporate responsibilities are interconnected as they
try to manage all the major rules through which fair treatment with employees and other
members, promoting ethical practises in workplace is managed(Villiers, 2019).
Both corporate behaviour and CSR works for the betterment of society and also maintain
the implied concern in development of the social benefit of company and treating every person
fairly with showing positive impact in environment and nature. It helps in managing the
protection and the upliftment in environment with their functioning to be managed fairly and
adequately.
Harvard Kennedy School M- RCBG programs
This program has made the wider changes in the context of society as this framed the
major roles and the nature through which all the working and the accountability is managed in
the corporation. They had made several policies and programs through which public policies and
the management of fundamental issues are generated. It also serves the growth policy, financial
policy, education programs in order to manage the further development in the companies and
also to generate the sustainable advancement (Böckli and et. al., 2017). They had made vision
in order to focus on applying CSR on all the work areas and also to frame the ethical standards
and norms in the working cultures. It focus on all the private and public sectors through which all
the drawbacks and the issues can be removed and the intellectual sources and advancement can
be measured. It also provides the regulations in regard to development and in preposition through
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which innovation can be rendered for the organising principles. M-RCBG focus on management
and applying different functions in which schools will focusing on applying the moral conducts
and the agendas through which corporation and the companies focus on positive working
attitude.
The corporation provided by Joel bakan through University of British Columbia
It generated the concerns which are applied on all the enduring areas and the viability
through which Joel Bakan can manage the corporation and also focus on providing market base
society through which corporate structures and their sole nature is concerned. He managed the
effective participation and the management through which public good is performed and also try
to manage all the ethical standard and culture fr the corporation. It gives the welfare of the
society and also try to analyse the development of business (Ghosh, 2018).
The documentary given by him manages the developmental areas of corporation and also
frame the legal entity through which the institutions can manage the common areas and chartered
schemes. It also provides the role of corporate social responsibilities and their general agenda on
working and its nature. It manage the moral values through which ethical culture is balanced.
CONCLUSION
From this above analysis it can be concluded that, Business law is the most important
bodies of rules which helps out in managing the functions for the company and all the legal
practise through which the working can be managed. It is set of rules and applications through
which the concerns are managed. Corporate social responsibility provides the implementation of
ethical and moral standards through which the working and the nature of the processing is made
for the betterment of society. CSR and corporate behaviour are interlinked with each other as
they provide the effective balance and focus on creating fair treatment with all the employees.
Professor Joel Bakan helps in the documentary to apply the rules and CSR in the corporation.
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REFERENCES
Books and Journals
Ghosh, D., 2018. What you need to know about California’s new data privacy law. Harvard
Business Review, 11.
Villiers, C., 2019. Boardroom Culture: An Argument for Compassionate Leadership. European
Business Law Review, 30(2).
Parella, K., 2021. Protecting Third Parties in Contracts. American Business Law Journal, 58(2),
pp.327-386.
Tao, J. and Gao, X., 2017. Teacher agency and identity commitment in curricular reform.
Teaching and teacher education, 63, pp.346-355.
Nicolaides, A., 2017. Ethical Practices, Eco-centric Business and Environmental Sustainability.
Journal of Human Ecology, 57(1-2), pp.1-10.
Surden, H., 2018. Artificial intelligence and law: An overview. Ga. St. UL Rev., 35, p.1305.
McDonald, K.M. and Rojc, K.J., 2017. Accelerating Regulation of Automotive Finance. The
Business Lawyer, 72(2), pp.559-566.
Böckli and et. al., 2017. A Proposal for the Reform of Group Law in Europe. European Business
Organization Law Review, 18(1), pp.1-49.
Rugman, A. and Verbeke, A., 2017. Global corporate strategy and trade policy. Routledge.
Köseoglu, M.A., Yildiz, M. and Ciftci, T., 2018. Authorship trends and collaboration patterns in
business ethics literature. Business Ethics: A European Review, 27(2), pp.164-177.
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