Instructor Manual for
Global Business 5 th
Edition By Mike Peng
(All Chapters 1-17,
100% Original
Verified, A+ Grade)
All Chapters Arranged
Reverse: 17-1
, Instructor Manual: Peng, Global Business, 5e; ©2023; 9780357716403; Chapter 17: Corporate Social Responsibility
Instructor Manual
Peng, Global Business, 5e; ©2023; 9780357716403; Chapter 17: Corporate Social Responsibility
Table of Contents
Purpose and Perspective of the Chapter..................................................................................... 2
Cengage Supplements .................................................................................................................. 2
Chapter Objectives ........................................................................................................................ 3
Complete List of Chapter Activities and Assessments ............................................................... 3
What's New in This Chapter .......................................................................................................... 3
Opening Case Discussion: The Maersk Triple-E Class Container Ships .................................... 4
Chapter Outline ............................................................................................................................. 4
End-of-Chapter Guide ................................................................................................................... 8
Review Questions ...................................................................................................................................... 8
Critical Discussion Questions ................................................................................................................... 10
Global Action ........................................................................................................................................... 11
Closing Case: The Debate over Wind Power ........................................................................................... 12
Appendix ...................................................................................................................................... 13
Generic Rubrics ....................................................................................................................................... 13
Standard Writing Rubric .......................................................................................................................... 13
Standard Discussion Rubric ..................................................................................................................... 14
1 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted to
a publicly accessible website, in whole or in part.
, Instructor Manual: Peng, Global Business, 5e; ©2023; 9780357716403; Chapter 17: Corporate Social Responsibility
Purpose and Perspective of the Chapter
The purpose of this chapter is to explore corporate social responsibility (CSR)
considerations. Although historically, issues concerning CSR have been on the “back
burner” of global business discussions, these issues are increasingly brought to the
forefront of corporate agendas. While this chapter is positioned as the last in this book, by
no means do we suggest that CSR is the least important topic. Instead, this chapter is one
of the best ways to integrate previous chapters concerning corporate governance, human
resources, international trade, investment, marketing, strategy, and supply chain.
First noted in Chapter 1, at the heart of CSR is the concept of stakeholder, which is “any
group or individual who can affect or is affected by the achievement of the organization’s
objectives.” Shown in Figure 17.1, while shareholders certainly are an important group of
stakeholders, other stakeholders include managers, nonmanagerial employees (hereafter
“employees”), suppliers, customers, communities, governments, and social and
environmental groups.
Since Chapter 16 has already discussed shareholders at length, this chapter focuses on
nonshareholder stakeholders, whom we term “stakeholders” here for compositional
simplicity. One leading debate on CSR is whether managers’ efforts to promote the
interests of these stakeholders are at odds with their fiduciary duty (required by law) to
safeguard shareholder interests. To the extent that firms’ primary function is to serve as
economic enterprises, it is certainly true that firms should not (and are unable to) take on
all the social problems of the world. However, failing to heed to certain CSR imperatives
may be self-defeating in the long run (see the Opening Case).
The remainder of this chapter first introduces a stakeholder view of the firm. Then we
discuss how the institution-based and resource-based views inform the CSR discussion.
Debates and extensions follow.
Cengage Supplements
The following product-level supplements provide additional information that may help you
in preparing your course. They are available in the Instructor Resource Center.
• Transition Guide (provides information about what’s new from edition to edition)
• Educator’s Guide (describes assets in the platform with a detailed breakdown of
activities by chapter with seat time)
• PowerPoint (provides text-based lectures and presentations)
• Test Bank (contains assessment questions and problems)
• Guide to Teaching Online (provides information about the key assets within the
product and how to implement/facilitate use of the assets in synchronous and
asynchronous teaching environments)
• Accelerated Course Syllabus (provides guidance on the recommended delivery of
course materials given a 5-week, 8-week, 12-week, and 16-week course)
2 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted to
a publicly accessible website, in whole or in part.
, Instructor Manual: Peng, Global Business, 5e; ©2023; 9780357716403; Chapter 17: Corporate Social Responsibility
• MindTap User Guide (provides information on how to navigate and use MindTap)
Chapter Objectives
The following objectives are addressed in this chapter:
17-1 Articulate what is a stakeholder view of the firm.
17-2 Apply the institution-based and resource-based views to analyze corporate social
responsibility (CSR).
17-3 Participate in three leading debates concerning CSR.
17-4 Draw implications for action.
Complete List of Chapter Activities and Assessments
For additional guidance refer to the Teaching Online Guide.
Chapter PPT slide Activity/Assessment Duration
Objective
17-1 9 Polling Activity in PPT 5 min.
17-2 15 Discussion Activity 1 in PPT 5 min.
17-4 21 Discussion Activity 2 in PPT 5 min.
[return to top]
What's New in This Chapter
The following elements are improvements in this chapter from the previous edition:
• Opening Case: The Maersk Triple-E Class Container Ships
• Closing Case: The Debate over Wind Power
• In Focus 16.1: The Battle over ESG at Calpers
• In Focus 16.2: Who Can Make Money from the Maasai Tribal Name?
• In Focus 16.3: German Chamber of Commerce in China
• Debate 1: Reducing versus Contributing Toward Income Inequality
• New Topics: 2019 Business Roundtable statement, corporate philanthropy,
corporate social irresponsibility (CSI), environmental, social, and governance (ESG)
performance, Gini coefficient, fiduciary duty, Paris Agreement, shareholder primacy,
stakeholder primacy, social impact investment, socially responsible investment (SRI),
recent research by T. Piketty on income inequality
[return to top]
3 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted to
a publicly accessible website, in whole or in part.
Global Business 5 th
Edition By Mike Peng
(All Chapters 1-17,
100% Original
Verified, A+ Grade)
All Chapters Arranged
Reverse: 17-1
, Instructor Manual: Peng, Global Business, 5e; ©2023; 9780357716403; Chapter 17: Corporate Social Responsibility
Instructor Manual
Peng, Global Business, 5e; ©2023; 9780357716403; Chapter 17: Corporate Social Responsibility
Table of Contents
Purpose and Perspective of the Chapter..................................................................................... 2
Cengage Supplements .................................................................................................................. 2
Chapter Objectives ........................................................................................................................ 3
Complete List of Chapter Activities and Assessments ............................................................... 3
What's New in This Chapter .......................................................................................................... 3
Opening Case Discussion: The Maersk Triple-E Class Container Ships .................................... 4
Chapter Outline ............................................................................................................................. 4
End-of-Chapter Guide ................................................................................................................... 8
Review Questions ...................................................................................................................................... 8
Critical Discussion Questions ................................................................................................................... 10
Global Action ........................................................................................................................................... 11
Closing Case: The Debate over Wind Power ........................................................................................... 12
Appendix ...................................................................................................................................... 13
Generic Rubrics ....................................................................................................................................... 13
Standard Writing Rubric .......................................................................................................................... 13
Standard Discussion Rubric ..................................................................................................................... 14
1 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted to
a publicly accessible website, in whole or in part.
, Instructor Manual: Peng, Global Business, 5e; ©2023; 9780357716403; Chapter 17: Corporate Social Responsibility
Purpose and Perspective of the Chapter
The purpose of this chapter is to explore corporate social responsibility (CSR)
considerations. Although historically, issues concerning CSR have been on the “back
burner” of global business discussions, these issues are increasingly brought to the
forefront of corporate agendas. While this chapter is positioned as the last in this book, by
no means do we suggest that CSR is the least important topic. Instead, this chapter is one
of the best ways to integrate previous chapters concerning corporate governance, human
resources, international trade, investment, marketing, strategy, and supply chain.
First noted in Chapter 1, at the heart of CSR is the concept of stakeholder, which is “any
group or individual who can affect or is affected by the achievement of the organization’s
objectives.” Shown in Figure 17.1, while shareholders certainly are an important group of
stakeholders, other stakeholders include managers, nonmanagerial employees (hereafter
“employees”), suppliers, customers, communities, governments, and social and
environmental groups.
Since Chapter 16 has already discussed shareholders at length, this chapter focuses on
nonshareholder stakeholders, whom we term “stakeholders” here for compositional
simplicity. One leading debate on CSR is whether managers’ efforts to promote the
interests of these stakeholders are at odds with their fiduciary duty (required by law) to
safeguard shareholder interests. To the extent that firms’ primary function is to serve as
economic enterprises, it is certainly true that firms should not (and are unable to) take on
all the social problems of the world. However, failing to heed to certain CSR imperatives
may be self-defeating in the long run (see the Opening Case).
The remainder of this chapter first introduces a stakeholder view of the firm. Then we
discuss how the institution-based and resource-based views inform the CSR discussion.
Debates and extensions follow.
Cengage Supplements
The following product-level supplements provide additional information that may help you
in preparing your course. They are available in the Instructor Resource Center.
• Transition Guide (provides information about what’s new from edition to edition)
• Educator’s Guide (describes assets in the platform with a detailed breakdown of
activities by chapter with seat time)
• PowerPoint (provides text-based lectures and presentations)
• Test Bank (contains assessment questions and problems)
• Guide to Teaching Online (provides information about the key assets within the
product and how to implement/facilitate use of the assets in synchronous and
asynchronous teaching environments)
• Accelerated Course Syllabus (provides guidance on the recommended delivery of
course materials given a 5-week, 8-week, 12-week, and 16-week course)
2 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted to
a publicly accessible website, in whole or in part.
, Instructor Manual: Peng, Global Business, 5e; ©2023; 9780357716403; Chapter 17: Corporate Social Responsibility
• MindTap User Guide (provides information on how to navigate and use MindTap)
Chapter Objectives
The following objectives are addressed in this chapter:
17-1 Articulate what is a stakeholder view of the firm.
17-2 Apply the institution-based and resource-based views to analyze corporate social
responsibility (CSR).
17-3 Participate in three leading debates concerning CSR.
17-4 Draw implications for action.
Complete List of Chapter Activities and Assessments
For additional guidance refer to the Teaching Online Guide.
Chapter PPT slide Activity/Assessment Duration
Objective
17-1 9 Polling Activity in PPT 5 min.
17-2 15 Discussion Activity 1 in PPT 5 min.
17-4 21 Discussion Activity 2 in PPT 5 min.
[return to top]
What's New in This Chapter
The following elements are improvements in this chapter from the previous edition:
• Opening Case: The Maersk Triple-E Class Container Ships
• Closing Case: The Debate over Wind Power
• In Focus 16.1: The Battle over ESG at Calpers
• In Focus 16.2: Who Can Make Money from the Maasai Tribal Name?
• In Focus 16.3: German Chamber of Commerce in China
• Debate 1: Reducing versus Contributing Toward Income Inequality
• New Topics: 2019 Business Roundtable statement, corporate philanthropy,
corporate social irresponsibility (CSI), environmental, social, and governance (ESG)
performance, Gini coefficient, fiduciary duty, Paris Agreement, shareholder primacy,
stakeholder primacy, social impact investment, socially responsible investment (SRI),
recent research by T. Piketty on income inequality
[return to top]
3 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted to
a publicly accessible website, in whole or in part.
