Cover image for Business and society :  a strategic approach to social responsibility and ethics
Title:
Business and society : a strategic approach to social responsibility and ethics
Personal Author:
Edition:
4th ed.
Publication Information:
Australia : South-Western Cengage Learning, 2011.
Physical Description:
xvii, 677 p. : ill. ; 23 cm.
ISBN:
9781439042311

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33000000000295 HD60 T49 2011 Open Access Book Book
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Summary

Summary

BUSINESS AND SOCIETY: A STRATEGIC APPROACH TO SOCIAL RESPONSIBILITY AND ETHICS, Fourth Edition, introduces a strategic social responsibility framework for courses that address 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 this fourth edition, the authors present the most up-to-date findings in the field, describe best practices, encourage student decision-making, 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 to students and provides more opportunities for instructors to supplement the course content or to further customize the content to meet their needs. Additionally, a comprehensive teaching and learning package ensures that business students understand and appreciate concerns about 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

1 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
2 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
3 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
4 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
5 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
6 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
7 Employee Relations
Employee Stakeholders
Responsibilities to Employees
Strategic Implementation of Responsibilities to Employees
8 Consumer Relations
Consumer Stakeholders
Responsibilities to Consumers
Strategic Implementation of Responsibilities to Consumers
9 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
10 Technology Issues
The Nature of Technology
Technology's Influence on the Economy
Technology's Influence on Society
Strategic Implementation of Responsibility for Technology
11 Sustainability Issues
Global Environmental Issues
Environmental Policy and Regulation
Alternative Energy
Business Response to Sustainability Issues
Strategic Implementation of Environmental Responsibility
12 Social Responsibility in a Global Environment
Cultural Intelligence
Global Stakeholders
National Competitiveness
Global Development
Global Reporting Initiative
Cases
1 Monsanto Attempts to Balance Stakeholder Interests
2 Wal-Mart: the Future Is Sustainability
3 The American Red Cross
4 Countrywide Financial: the Subprime Meltdown
5 Coping with Financial and Ethical Risks at American International Group (AIG)
6 Starbucks' Mission: Social Responsibility and Brand Strength
7 The Fraud of the Century: the Case of Bernard Madoff
8 Nike: Managing Ethical Missteps Sweatshops to Leadership in Employment Practices
9 Banking Industry Meltdown: the Ethical and Financial Risks of Derivatives
10 The Coca-Cola Company Struggles with Ethical Crises
11 Enron: Questionable Accounting Leads to Collapse
12 BP (Beyond Petroleum) Focuses on Sustainability
13 Tyco International: Leadership Crisis
14 Mattel Responds to Ethical Challenges
15 Home Depot Implements Stakeholder Orientation
16 New Belgium Brewing: Ethical and Environmental Responsibility