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Social Responsibility: The Good, the Bad and the Ugly

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  • Suarez, Ronny

Abstract

Social Responsibility is the process of commitment of an organization to contribute to the economic, social, and environmental well-being of society. The correct actions of the company can contribute to enforce its image/reputation, to improve motivation of its workforce, to reduce its costs and risks, and to strengthen its competitive advantage. Regrettably, the notion of what is responsible changes with time and place, limiting the possibility of replicating standards that currently lie in the scope of voluntarism. Furthermore, companies, unfortunately, may engage in dishonest practices (e.g. greenwashing), to access the benefits derivate from social responsibility

Suggested Citation

  • Suarez, Ronny, 2020. "Social Responsibility: The Good, the Bad and the Ugly," MPRA Paper 99164, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:99164
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    File URL: https://mpra.ub.uni-muenchen.de/99164/1/MPRA_paper_99164.pdf
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    References listed on IDEAS

    as
    1. World Health Organization, 2004. "Tobacco Industry and Corporate Social Responsibility ... an Inherent Contradiction," University of California at San Francisco, Center for Tobacco Control Research and Education qt6kf7q7v9, Center for Tobacco Control Research and Education, UC San Francisco.
    2. Weber, Manuela, 2008. "The business case for corporate social responsibility: A company-level measurement approach for CSR," European Management Journal, Elsevier, vol. 26(4), pages 247-261, August.
    3. Benedict Sheehy, 2015. "Defining CSR: Problems and Solutions," Journal of Business Ethics, Springer, vol. 131(3), pages 625-648, October.
    Full references (including those not matched with items on IDEAS)

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    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

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