Analyzing Corporate Scandals: Facebook's Ethical and CSR Failures

This report delves into the Facebook scandal, examining its implications for corporate governance, corporate social responsibility (CSR), and sustainability. It defines corporate governance, CSR, and sustainability within the context of the scandal, highlighting Facebook's failures in these areas. The report investigates approaches to sustainability and evaluates normative and descriptive business ethics theories, applying them to the case. It then analyzes the stakeholder perspectives on Facebook's business behavior, considering the roles of investors, employees, customers, and suppliers. The analysis underscores the importance of ethical practices and the impact of the scandal on Facebook's reputation and long-term sustainability. The report emphasizes the interconnectedness of ethical conduct, stakeholder relationships, and corporate success, drawing on the views of experts like Freeman and the effects of the scandal on the company's various stakeholders. The conclusion summarizes the key findings and emphasizes the need for ethical business practices.