Volume : 2, Issue : 7, JUL 2016
BUSINESS ETHICS AND CSR STRATEGIES: ROOT TO BUSINESS SUSTAINABILITY
Dr. Garima Srivastava
Abstract
Corporate social responsibility is represented by the contributions undertaken by companies to society through its business activities and its social investment. This is also to connect the Concept of sustainable development to the company’s level. A new philosophical trend in social responsibility is called sustainability. Business sustainability also known as corporate sustainability is the management and coordination of environment, social and financial demands and concerns to ensure responsible, ethical and on-going success, It is the thought that if a company helps society through their business as a main goal, then they will reap success. Companies can look to solve society's problems by creating a product or service to fulfill a need, and they will profit and help the world. CSR-focuses on businesses would proactively promote the public interest by encouraging community growth and development, and voluntarily eliminating practices that harm the public sphere, regardless of legality. The present paper creates general awareness about CSR and also attempt to develop the relationship between CSR and sustainability.
Keywords
Business ethics, CSR and Sustainability.
Article : Download PDF
Cite This Article
Article No : 25
Number of Downloads : 692
References
1. Ackerman, R.W., Bauer, R.A. (1976), Corporate Social Responsiveness: The Modern
Dilemma, Reston Publishing Company, Reston.
2. Bowen, H.R. (1953), Social Responsibilities of the Businessman, Harper, New York.
3. Carroll, A.B. (1979), "A three-dimensional conceptual model of corporate performance",
Academy of Management Review, Vol. 4 No.4, pp.497-505.
4. Environics International (2001), "Corporate social responsibility monitor", available
at: www.globescan.com.
5. Friedman, M. (1971), "The social responsibility of business is to increase its profits",
New York Times, 3 September, pp.122-6.