SY 2021-2022

Second Term
Beyond legal and economic duties, many business organizations exert efforts to give back
and give more to society—a concept called corporate social responsibility (CSR), which is
the central topic of this unit.
MODULE 5 FOURTH QUARTER
Corporate Social Responsibility
MODULE 6
Employer Responsibilities and Employee Rights
MODULE 7
Business and Environmental Sustainability
MODULE 8
Ethics and Marketing
MODULE 9
Social Entrepreneurship
MODULE 10
Creation of a Social Enterprise
Learning Outcomes for Module 5 - Corporate Social Responsibility:

▪ Advocate honest policies and practices in all

aspects of business operations;
▪ Cite examples of companies that practice social
responsibility in the conduct of their business; and
▪ Provide evidence that ethical / social responsibility
is profitable, that is, it makes good business sense
(enrichment).

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Good people do not need laws to tell them how to
act responsibly, while bad people will find a way to
go around the law.

Plato

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 Corporate Social Responsibility

Refers to practices and activities that business organizations adopt in

the course of their operations which have social and environmental
impacts and relevance.

More than making a profit, a business organization has a responsibility

to society.
Corporate Social Responsibility

• Duty not to cause harm to others

• Responsibility to prevent harm at all cost
• Responsibility to do good
Duty not to Cause Harm to Others

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It is the company’s responsibility NOT to cause harm to a property or a person.

Duty not to Cause Harm to Others
Responsibility to Prevent Harm

It is a company’s ethical responsibility to prevent harm

from happening. This is often referred to as the DUTY OF
CARE of an organization.
Responsibility to Prevent Harm
A socially responsible business
organization attracts and retains
better employees who are proud of
the organization they work for and
who speak highly of it.

CREATE
IMPLEMENT
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Responsibility to Prevent Harm

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Responsibility to Do Good

Making the society a better place

Providing solutions to social issues

Giving support to education, arts,

and culture

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Responsibility to Do Good
REFLECT UPON:
Page 78
Models of Corporate Social Responsibility

• Economic Model
• Philanthropic Model

• Social Web Model

• Integrative Model
Economic Model

Based on the traditional view that a business’s raison

d’etre (reason of existence) is to respond to the demands
of the market by providing products or services and to earn
profits for its shareholders.

The society benefits from the success of business

organizations which are indirectly fulfilling their social
responsibility by contributing to the growth of the
economy and by providing jobs to more people as they
grow and expand.
 Philanthropic Model

This model of CSR describes the free will of

business organizations to contribute to social
causes as a matter of philanthropy.

Positive Publicity while providing their stakeholders the chance to

participate in the activities

Earn tax holidays and deductions

Not seeking any reputational benefit

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REFLECT UPON:
Page 80
 Social Web Model

This model views business organizations as citizens of the

society in which they operate.

As members of the society, business organizations must

conform to the normal ethical duties and obligations that
are expected from them.

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 Social Web Model

STAKEHOLDER THEORY

Every business decision has an impact

on a wide variety of people, that is,
providing benefits to some and
imposing costs on others.

According to R. Edward Freeman, the

stakeholder theory addresses morals
and values in managing a business, with
the consideration of the stakeholders’
interest.
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 Integrative Model

SOCIAL ENTREPRENEURSHIP
+
SUSTAINABILITY

• A for-profit business organization

What is a social that seeks solutions to social issues.
• Brings social goals into the core of its
enterprise? business model and fully integrates
economic and social goals
Integrative Model
Integrative Model
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CORPORATE SOCIAL RESPONSIBILITY = GOOD BUSINESS SENSE