Topic > corporate responsibility - 818

IntroductionIn an environment where the number one priority is to make as much money as possible, many wonder whether corporate responsibility is possible. Corporate responsibility represents “a company's social and environmental obligations to its constituents and society at large (Argenti 2013)”. In a profit-oriented environment, there are several factors that can influence or encourage companies to also consider society at large during their decision-making process and subsequently also in their priorities. The process in which companies make these decisions, or the deterrents that show the effect of companies on the community it serves or the community around it, is a viable area of ​​analysis in the discussion of corporate responsibility. One article explains corporate responsibility perfectly as: “The notion of corporate social responsibility (CSR) is not new in our society. It was born when corporations and societies were born to accommodate them. The “soul” of corporate social responsibility is what the French philosopher Rousseau understood as “the social contract” between business and society (Bichta 2003).” Rosseau conceptualizes corporate social responsibility as a relationship between business and society. Therefore, reiterating that the emphasis of the relationship as a contractual social agreement or as he says “the social contract understands men (social members) as capable of acting freely in a civil society which is unity by general will”. Furthermore, a relationship between the two that is committed to doing good to benefit both of them. Within the curriculum there are key tenants that need to be recognized and analyzed to fully grasp the ramifications of...... middle of paper ...... have a tendency to take advantage of the economics of others villages. This represents another causal factor that can have a negative impact on the global economy or the economy of other countries. For example, the number one priority of many companies is to make a profit, the highest profit possible. The idea is that the company must act in its own interest by making decisions using this fundamental priority of accumulating wealth. As a result, they expand to countries with fewer standards to increase profit. Countries with low wages, benefits and labor standards represent huge profitability for the companies that take advantage of them. However, these options that increase profitability also decrease social responsibility. Although companies profit from this practice, the long-term community effects of exploiting economic failure are long-lasting for the country.