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3 weeks ago
Corporate social responsibility focuses on the responsibility of a firm for social performance. Where does that responsibility and duty originate?
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Test Bank for Business and Its Environment
Edition: 7th
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Responsibility comes from a moral obligation; that is, the content of corporate social responsibility is found in moral principles. Corporate social responsibility thus arises from the combination of (1}  an ethical failure that establishes a moral duty and (1}  the assignment of that duty to the firm. The concept of a moral duty is developed from the perspectives of three foundational ethics systemsutilitarianism, moral rights, and justicethat correspond to basic moral intuitions. Some moral standards such as freedom of speech impose a duty on everyone to respect. In other cases the set of parties that can address an ethical failure may be small, and assigning of duty requires identifying the party, such as a firm, government, or an individual, that is best positioned to address the ethical failure.
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