Corporate social responsibility
Jiamin Chang
Wuhan College of Arts and Sciences
DOI: https://doi.org/10.59429/bam.v6i3.7347
Keywords: corporate social responsibility; business ethics; ethical behaviour
Abstract
The advancement of society and the growth of the economy have led to an increased focus on corporate social responsibility. The question of “Does the rise of interest in business ethics and corporate social responsibility (CSR) always mean that business is becoming more ethical?” has garnered significant attention. This article addresses this issue from two perspectives. Firstly, it explains the reasons why organizations may adopt corporate social responsibility and ethical behaviour, supported by case studies of Polpharma Group and BASF Corporation. Secondly, it employs the case of Ford Pinto to demonstrate the consequences for enterprises that neglect their corporate social responsibilities. These case studies illustrate that while the pursuit of ethics and corporate social responsibility does not automatically result in more ethical enterprises, prioritizing social responsibility and ethics remains beneficial for both consumers and enterprises.
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