CSR goes beyond earning money for shareholders. Chapter 2 Corporate Social Responsibility and Business Ethics. Box 767, U.E.R, Ghana ABSTRACT: The concepts of ethical behavior and corporate social responsibility have come to the fore in recent years in both developed and developing countries … Business ethics, corporate social responsibility and corporate governance: a review and summary critique 4) to explain why the three movements seem yet to have generated little in the form of widely accepted prescriptions for improvement of business behaviour to the satisfaction of the “constituents” of business, i.e . Theories and Models of Corporate Social Responsibility. It’s concerned with protecting the interests of all stakeholders, such as employees, customers, suppliers, and the communities in which businesses operate. business alone (Rodin 2005 pp561). In fact, both corporate social responsibility and business ethics are part of the other, which means that business ethics are part of corporate social responsibility or vice versa. Alfred North Whitehead. He is a freeman of the City of London and a Liveryman of the Worshipful Company of Chartered Secretaries and Administrators. BUSINESS ETHICS AND CORPORATE SOCIAL RESPONSIBILITY FOR BUSINESS SUCCESS AND GROWTH Godfrey Adda, Dr. John Bosco Azigwe, Aboteyure Roger Awuni School of Business, Bolgatanga Polytechnic, P. O. Corporate Social Responsibility (CSR) is also termed to as responsible business, sustainable, responsible business or corporate citizenship.
The idea of corporate social responsibility—along with the related ideas of the triple bottom line and stakeholder theory—opens a different kind of business ethics. CSR goes beyond earning money for shareholders. The term business ethics is supposed to be “a combination of two very familiar words, namely business and ethics” (Dimitriades 2007 pp1). As a simple example, when a factory produces industrial waste, a CSR perspective attaches a responsibility directly to factory owners to dispose of the waste safely. Social responsibility and business ethics are often regarding as the same concepts. Corporate Social Responsibility. Yet, they are often used to refer to the same argument or code. However, the social responsibility movement is but one aspect of the overall discipline of business ethics. In addition, locating an organization’s “pressure points” that highlight the need for CSR action is recommended. Learning Objectives. It is widely accepted as an obligation of modern business. Box 767, U.E.R, Ghana ABSTRACT: The concepts of ethical behavior and corporate social responsibility have come to the fore in recent years in both developed and developing countries … The concepts of business ethics and social responsibility have distinct identities.
It is widely accepted as an obligation of modern business.

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