Making ethical decisions and managing a socially responsible - Trends in ethics and corporate social responsibility

4 important questions on Making ethical decisions and managing a socially responsible - Trends in ethics and corporate social responsibility

Waht are the trends in ethics and coprate social respobility ?

The three trends are
  • changes in corporate philanthropy 
  • a social contract between employee-employer and employee
  • Global ethics and social responsibility

1. Changes in coprtate philanthropy

  • typically CP  involved copmaines seking out charitable groups & giving them money or donations of P&S.
  • today, it is shifted to static giving the company does the charity which is close its mission & goals and where the company does business.

2. A social contract btween employee- employer

Antother trend is the company efforet to redefine their relationship with their employees.

It defined
  • compensation
  • management
  • culture  ( flexibility, transparency, & fairness
  • learning & development   
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3. Global Ethics and social reposiblity

How do multinational corporations demonstrate social responsibility in a foreign country?


by respacting local practices & customs, ensuring that there is harmony between the organization's staff and the host population , providing management leadership and de developing a sloild group of local managers who will be credit to their community.

by repacting both local and international law

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