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Institutionalization of Corporate Ethics and Corporate Social Responsibility Programmes in Firms

In: Corporate Social and Human Rights Responsibilities

Author

Listed:
  • Jacob D. Rendtorff

Abstract

The last 10–15 years have been characterized by a tremendous development in the ethics and law of values-driven management and corporate responsibility in the United States (US), Europe (EU) and the rest of the world. Many modern corporations have introduced ethics and compliance programmes and values-driven management taking all the firm’s stakeholders into account. In many cases reporting procedures and accountability programmes for corporate and social values are introduced into the organization. The corporate boards see them as a means to ensure not only the responsibility and integrity of the organization but also efficient management, competitiveness and legitimacy of the firm in a complex democratic society.

Suggested Citation

  • Jacob D. Rendtorff, 2011. "Institutionalization of Corporate Ethics and Corporate Social Responsibility Programmes in Firms," Palgrave Macmillan Books, in: Karin Buhmann & Lynn Roseberry & Mette Morsing (ed.), Corporate Social and Human Rights Responsibilities, chapter 11, pages 244-265, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-29461-5_12
    DOI: 10.1057/9780230294615_12
    as

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