Professional Documents
Culture Documents
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Business Assumption of Corporate Social Responsibility Social Responsiveness, Social Performance, Corporate Citizenship
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Pyramid of CSR
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CSR Component
Economic Legal Ethical Philanthropic
Others
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Arguments Against
Restricts the free Increase business market goal of profit power maximization Limits the ability to Business is not compete in a global equipped to handle marketplace social activities Dilutes the primary aim of business
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Arguments For
Addresses social issues business caused and allows business to be part of the solution Protects business selfinterest Limits future government intervention Addresses issues by using business resources and expertise Addresses issues by being proactive
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Evolving Viewpoints Ackerman and Bauers action view Sethis three stage schema Fredericks CSR1, CSR2, and CSR3 Epsteins process view
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Nonacademic Research
Fortune's ranking of most and least admired corporations Council on Economic Priorities Corporate Conscience Awards Business Ethics Magazine Awards WalkerInformations Research on the impact of social responsibility
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Corporate Citizenship
Corporate citizenship embraces all the facets of corporate social responsibility, responsiveness and performance
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Socialand FinancialPerformance
Perspective 1: CSP Drives the Relationship
Good Corporate Social Performance Good Corporate Financial Performance Good Corporate Reputation
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Economic, legal, ethical and discretionary responsibilities Paternalism Philanthropy Pyramid of CSR Socially conscious investing
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