Corporate Social Responsibiltiy: The Ethical Role of Business in Society

Running head : CORPORATE SOCIAL RESPONSIBILITY : THE ETHICAL ROLE OF BUSINESS IN SOCIETY

Corporate Social Responsibility : The Ethical Role of Business in Society

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HISTORY OF SOCIAL RESPONSIBILITY

The history of social and environmental concern about business is as old as trade and business itself (http /brass .cf .ac .uk /uploads /History_L3 .pdf . King Hammurabi of Ancient Mesopotamia at approximately 1700 BC had made a law that punishes builders and farmers if they cause harm to other people

br Furthermore , senators of ancient Rome had seen the vitality of business tax in the expansion and operation of the empire . In 1920 , with the birth of industrialization , a new dimension of Corporate Social Responsibility has achieved its modern age . The corporate Paternalists ' of the late nineteenth and early twentieth centuries use some of their wealth to philanthropic ventures ( HYPERLINK "http /brass .cf .ac .uk /uploads /History_L3 .pdf http /brass .cf .ac .uk /uploads /History_L3 .pdf . In today 's digital age of new technologies , the discussion of the role of business in the society was broadened . Issues such as internet spam and genetically modified food products surfaced . There are new environmental problems that surfaced and that needs to be addressed by people in business ands there is a need to clearly define their role in the society , not only as producers but also as protectors of the people and the environment

BACKGROUND

The discusses the rich history of corporate social responsibility that can be traced back in 1700 BC . The discussion of the ethical role of business today is still on going . A lot of challenges face the business world today and these challenges have a clear influence on corporate ethical cultures . The tackles the current states of affairs of the business world and how the business world is responding to the current situation . Business has an ethical responsibility in the society . Producers are not only there to produce but they must also be there to ensure consumers and environmental welfare . Included in this are some recommendations in for the business sector to adequately perform their ethical social responsibility

LITERATURE REVIEW

The business community has been buffeted by problems in recent years that have challenged its moral and ethical leadership and raised fundamental questions about ethical standards within corporations (Woodstock Theological Center , 1990 . Nowadays , with the motivation of money , most corporations are characterized by greed deception and avarice . The true meaning of business as rendering service to people is hard to find . Most corporations and even small businesses lack the practice of high ethical standards . This is a reality that we ought not to face but now inevitable . This reality is a disease that slowly eats mankind , slowly degrading the level of human beings Everyday , we always hear news of deception and sabotage in the business world . There are so many ethical issues that need to be solved . When would this end

The health of the world...