Business and Society : A Strategic Approach to Social Responsibility

by Thorne McAlister, Debbie; Ferrell, O. C.; Ferrell

• ISBN13: 9781439042311
• ISBN10: 1439042314
• Edition: 4th
• Format: Paperback
• Copyright: 2010-01-01
• Publisher: Cengage Learning

Summary

BUSINESS AND SOCIETY: A STRATEGIC APPROACH TO SOCIAL RESPONSIBILITY AND ETHICS, Fourth Edition, introduces a strategic social responsibility framework for the role of business in society. Social responsibility is presented as the extent to which a business adopts a strategic focus for fulfilling the economic, legal, ethical, and philanthropic responsibilities expected by all its stakeholders. In the fourth edition, the authors present the most up-to-date findings in the field, describe best practices, encourage you to make your own informed decisions, provide cutting-edge cases, and inspire the application of social responsibility principles to a variety of situations and organizations. The soft cover format is affordable, and the authors’ approach will help you understand and appreciate business ethics, social auditing, corporate social responsibility, corporate governance, sustainability, and a host of other factors involving a global perspective for today's business leaders.

Table of Contents

Social Responsibility Framework

Social Responsibility Defined

Development of Social Responsibility

Global Nature of Social Responsibility

Global Initiatives: International Business and Poverty Reduction

Benefits of Social Responsibility

Framework for Studying Social Responsibility

Strategic Management of Stakeholder Relationships

Stakeholders Defined

Stakeholder Issues and Interaction

Performance with Stakeholders

Development of Stakeholder Relationships

Implementing a Stakeholder Perspective in Social Responsibility

Link Between Stakeholder Relationships and Social Responsibility

Corporate Governance

Corporate Governance Defined

History of Corporate Governance

Corporate Governance and Social Responsibility

Issues in Corporate Governance Systems

Corporate Governance Around the World

Future of Corporate Governance

Legal, Regulatory, and Political Issues

Government's Influence on Business

Business's Influence on Government and Politics

The Government's Strategic Approach for Legal and Ethical Compliance

Business Ethics and Ethical Decision Making

The Nature of Business Ethics

Foundations of Business Ethics

Ethical Issues in Business

Understanding the Ethical Decision-Making Process

Strategic Approaches to Improving Ethical Behavior

The Need for Organizational Ethics Programs

Codes of Conduct

Ethics Officers

Ethics Training and Communication

Establishing Systems to Monitor and Enforce Ethical Standards

Continuous Improvement of the Ethics Program

Implementing Organizational Ethics Programs

Employee Relations

Employee Stakeholders

Responsibilities to Employees

Strategic Implementation of Responsibilities to Employees

Consumer Relations

Consumer Stakeholders

Responsibilities to Consumers

Strategic Implementation of Responsibilities to Consumers

Community Relations and Strategic Philanthropy

Community Stakeholders

Responsibilities to the Community

Corporate Philanthropy

Strategic Philanthropy Defined

Strategic Philanthropy and Social Responsibility

Stakeholders in Strategic Philanthropy

Implementation of Strategic Philanthropy

Technology Issues

The Nature of Technology

Technology's Influence on the Economy

Technology's Influence on Society

Strategic Implementation of Responsibility for Technology

Sustainability Issues

Global Environmental Issues

Environmental Policy and Regulation

Alternative Energy

Business Response to Sustainability Issues

Strategic Implementation of Environmental Responsibility

Social Responsibility in a Global Environment

Cultural Intelligence

Global Stakeholders

National Competitiveness

Global Development

Global Reporting Initiative

Cases

Monsanto Attempts to Balance Stakeholder Interests

Wal-Mart: the Future Is Sustainability

The American Red Cross

Countrywide Financial: the Subprime Meltdown

Coping with Financial and Ethical Risks at American International Group (AIG)

Starbucks' Mission: Social Responsibility and Brand Strength

The Fraud of the Century: the Case of Bernard Madoff

Nike: Managing Ethical Missteps Sweatshops to Leadership in Employment Practices

Banking Industry Meltdown: the Ethical and Financial Risks of Derivatives

The Coca-Cola Company Struggles with Ethical Crises

Enron: Questionable Accounting Leads to Collapse

BP (Beyond Petroleum) Focuses on Sustainability

Tyco International: Leadership Crisis

Mattel Responds to Ethical Challenges

Home Depot Implements Stakeholder Orientation

New Belgium Brewing: Ethical and Environmental Responsibility

Table of Contents provided by Publisher. All Rights Reserved.