Social Responsibility and Managerial Ethics

This paper considers the management topic of social responsibility and managerial ethics, paying particular attention to presentation and referencing. Initially, social responsibility is defined and described. Following this, some of the arguments both for and against social responsibility are identified and some examples of socially responsible business strategies provided. Finally the paper concludes.According to Steiner and Steiner (2000:120) “every business must use its power in keeping with a social contract”. This concept of a social contract between organizations and the societies in which they operate underpins the notion of corporate social responsibility, which is defined by Robbins and Coulter (2009:109) as “a business’s intention, beyond its legal and economic obligations, to do the right things and act in ways that are good for society”. However, there are arguments both for and against social responsibility which are now explained

 

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