Module 5: Corporate Responsibility to - Philanthropy:
Social Responsibility Prevent Harm:
- Is defined as the practice
(CSR) There are instances when
of donating endowment
a company does not cause
Responsibility are the and time as an unselfish
harm but has the potential
things that we ought or action to help make life
or the capability to
should do, even if we better for other people.
prevent it from occurring.
prefer not to.
Social Web Model of
Corporate Social Responsibility to Do CSR:
Responsibility is a Good:
Social responsibility to do - Views a business
practice of business
good things and make organization as a citizen of
organizations that
society a better place. the society in which it
accounts for the social and
Providing solutions to operates.
environmental impacts
that the business social issues and giving - Business
operation creates. support to education, arts, organizations must
and culture. conform to the normal
- Business
Models of Corporate ethical duties and
organizations commit
Social Responsibility: obligations that are
to developing policies
expected from a citizen.
and business practices 1. Economic Model
that ensure the - Every citizen has a moral
sustainability of 2. Philanthropic Model obligation to respect
environmental resources, human rights - this is the
3. Social Web Model of
ethical treatment of "moral minimum" that is
CSR
employees, and protection expected from everyone.
of community welfare. 4. Integrative Model of
- Business organizations
CSR
Three Social have a social responsibility
Responsibilities: Economic Model: to uphold the welfare of
their employees, ensure a
1. Duty not to cause Harm. - Economic responsibility
safe and healthy
2. Responsibility to prevent in which to produce goods
workplace, and observe
Harm. and services that
other human rights
3. Responsibility to do Good. correspond to the
whether or not these are
demands of the market.
specified or required by
- Contribute to the growth law.
Duty Not to Cause
of the economy and
Harm: - Integrative Model of
provide jobs to more
A business organization CSR:
employees as they grow
has a duty not to cause
and expand. - While non-profit orgs
harm, even if an action
focus on fulfilling a mission
that may result in - Philanthropic Model:
that provides a solution to
avoidable harm is not
- Defines the free will of social issues, there are
explicitly prohibited by
business organizations to also for-profit orgs that
law.
contribute to social causes give utmost importance to
If a company causes harm
as a matter of finding solutions to social
to a property or a person,
philanthropy. issues.
then both the law and
ethics would determine - Reasons: Gives the - Social Enterprise:
that the business company positive publicity
- Is a for-profit business
organization should be and thus creates a good
organization that seeks
held liable for violating its public image. They earn
solutions to pressing social
responsibilities. tax holidays or deductions
issues.
when they do such
activities.
Social Responsibility Prevent Harm:
- Is defined as the practice
(CSR) There are instances when
of donating endowment
a company does not cause
Responsibility are the and time as an unselfish
harm but has the potential
things that we ought or action to help make life
or the capability to
should do, even if we better for other people.
prevent it from occurring.
prefer not to.
Social Web Model of
Corporate Social Responsibility to Do CSR:
Responsibility is a Good:
Social responsibility to do - Views a business
practice of business
good things and make organization as a citizen of
organizations that
society a better place. the society in which it
accounts for the social and
Providing solutions to operates.
environmental impacts
that the business social issues and giving - Business
operation creates. support to education, arts, organizations must
and culture. conform to the normal
- Business
Models of Corporate ethical duties and
organizations commit
Social Responsibility: obligations that are
to developing policies
expected from a citizen.
and business practices 1. Economic Model
that ensure the - Every citizen has a moral
sustainability of 2. Philanthropic Model obligation to respect
environmental resources, human rights - this is the
3. Social Web Model of
ethical treatment of "moral minimum" that is
CSR
employees, and protection expected from everyone.
of community welfare. 4. Integrative Model of
- Business organizations
CSR
Three Social have a social responsibility
Responsibilities: Economic Model: to uphold the welfare of
their employees, ensure a
1. Duty not to cause Harm. - Economic responsibility
safe and healthy
2. Responsibility to prevent in which to produce goods
workplace, and observe
Harm. and services that
other human rights
3. Responsibility to do Good. correspond to the
whether or not these are
demands of the market.
specified or required by
- Contribute to the growth law.
Duty Not to Cause
of the economy and
Harm: - Integrative Model of
provide jobs to more
A business organization CSR:
employees as they grow
has a duty not to cause
and expand. - While non-profit orgs
harm, even if an action
focus on fulfilling a mission
that may result in - Philanthropic Model:
that provides a solution to
avoidable harm is not
- Defines the free will of social issues, there are
explicitly prohibited by
business organizations to also for-profit orgs that
law.
contribute to social causes give utmost importance to
If a company causes harm
as a matter of finding solutions to social
to a property or a person,
philanthropy. issues.
then both the law and
ethics would determine - Reasons: Gives the - Social Enterprise:
that the business company positive publicity
- Is a for-profit business
organization should be and thus creates a good
organization that seeks
held liable for violating its public image. They earn
solutions to pressing social
responsibilities. tax holidays or deductions
issues.
when they do such
activities.
