COLLEGE OF MANAGEMENT
Business Ethics
Chapter 5:
Corporate Social
Responsibility
Lecturer: Ty
Sopheavy
Presenter: Hang
Piseth
Objective of this presentation:
At the end of this presentation, you should be able to identify and describe:
1. Corporate social responsibility
2. Level of responsibility
3. Model of responsibility
4. The economic model of corporate social responsibility
5. The philanthropic model of corporate social responsibility
6. The social web model of corporate social responsibility
7. The integrative model of corporate social responsibility
8. Reputation management
9. Does corporate social responsibility is good for business
Open decision point: Walmart’s Ethics
Walmart provide economic benefits to shareholder, consumer, supplier, employee and communities.
Walmart foundation provide fund to charitable organizations, started an initiative to promote sustainability both in its own operation and in the products it sells.
Bribery in Mexico, a deception and manipulation related to pricing and marketing, low labor cost (salary and benefit of employees), employees work overtime, Discrimination ( employ more women than men in low position), Use illegal workers for paying less, Walmart was the causes of losing local businesses, give lower cost to suppliers.
Does Walmart is an ethical company??
Corporate social responsibility activities can guarantee one business is an ethical business??
What is corporate social responsibility??
Corporate social responsibility is refer to a code of conduct and action beyond what is required by laws, regulations, and trade rules.
3 things to concentrate:
Economic responsibility (profit)
Social responsibility (People)
Environmental responsibility (Planet)
Level of responsibilities:
1. Duty or obligation: Business should not sell a product that causes harm to customers, even if there would be a profit in doing so.
Example: Asbestos…….
2. It is a responsibility to prevent harm, even