Corporate Ethics And Social Responsibility - amazonia.fiocruz.br

Corporate Ethics And Social Responsibility Video

Social Responsibility And Business Ethics - Introduction

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Unfortunately, such behavior can have devastating consequences for the public, the environment, and the company—and it can cast a cloud on businesses that make good ethical, legal, and socially responsible choices every day. As the public demands a higher level of corporate social responsibility, companies are adjusting their strategies to respond to the external environment and conduct business in a way that promotes trust and loyalty from their customers. In addition, the government has stepped in and enacted legislation intended to set forth stronger guidelines, processes, and even punishments for unethical business practices. Businesses and organizations possess a set of ethical standards just like people. Businesses and their employees, managers, and owners face a variety of ethical issues as they go about their working lives. Ethical issues include conflicts of interest, bribes, conflicts of loyalty, and issues of honesty and integrity. Corporate social responsibility CSR refers to actions that businesses take or refrain from taking based on the impact of those actions on the external environment and community. Areas of CSR include environmental concerns green business , poverty, human rights, and animal rights. Corporate Ethics And Social Responsibility

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