Society's case for corporate responsibility
Type
conference paper
Date Issued
2005-05-03
Author(s)
Spitzeck, Heiko
Abstract
Corporate responsibility is often analysed from a corporation's point of view and researchers argue by means of a 'business case for corporate responsibility'. Changing perspective towards society's case for corporate responsibility recognises business role in society and puts two levels of societal needs into focus. Basic societal needs have to be covered in order to ensure the possibility of a common future (futurability). Additional societal needs address the well-being of society. Social sanction mechanisms can be applied by society in order to coerce business to respect basic societal needs, whereas the fulfilment of additional societal needs merit reputation of the firm. However, several obstacles have to be overcome for society's case for corporate responsibility to come true.
Language
English
Keywords
corporate responsibility
societal responsibility
authenticity check
basic and additional societal needs
HSG Classification
contribution to scientific community
Refereed
Yes
Event Title
5th European Academy of Management Conference (EURAM) 2005
Event Location
Munich
Event Date
04.-07.05.2005
Subject(s)
Division(s)
Eprints ID
16246