How ethics influance your business
| Type | Citation | Sources | Views | Words | Pages | Essay # |
|---|---|---|---|---|---|---|
| Term Paper | Harvard | 6 | 41 | 3206 | 10 | 10313911 |
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...... In general CSR is currently teaching the corporate infrastructure that the creation of goods and services can be done without as much impact as it has historically had on the corporate bottom line. Some corporations are also learning that the reverse of corporate responsibility can be a death sentence for their business, even if they manage to skirt and shift blame or keep things secret to the end. Stake holders, consumers, communities and the government are beginning to demand that CSR be a functional and real part of the actions of the corporate infrastructure and that information about such issues is readily available to all concerned, yet there are still many flaws in the manner in which this demand is being heard by the public and stakeholders. (Maignan & Ralston, 2002, pg. 497) The reverse of this action has recently proven to be foundationally harmful to business, as even those businesses that practice CSR religiously are under scrutiny if the information is not readily available to stakeholders and others. (Pava & Krausz, 1995, p. 2)
Legislation of CSR issues have tended in the past to drive businesses to make decisions, based on fear of censure that are a complete
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