Ethics And Corporate Social Responsibility Essay

1603 words - 6 pages

Introduction/SummaryOften times, many business decisions are not always black and white and there are ethical dilemmas that leaders sometimes face. "Leadership must know how the myriad human behaviors and interactions fit together like puzzle pieces to create a whole picture" (Kehoe, pg. 201). Ethics is the study of honest behaviors and decisions, examining what should be done in relation with Corporate Social responsibility (CSR). Corporate social responsibility is a business's commitment to contribute to economic development while improving the quality of life of the workforce and their families as well as the community and society at large. (Investopedia, 2014) This case discusses Ethics and Corporate Responsibility by observing Cinco, a pulp processing plant.As a newly promoted plant manager for Cinco, Jim is required to prove his ability to effectively manage several employees who have been with the company much longer than he has, and as a result, are more experienced and insensitive to change. "Cinco's policy is to give each manager a freehand in dealing with employees, the community and the plant itself. It's main measure of performance is the bottom line and the employee's are keenly aware of this fact" (Ferrell, pg. 1). With this in mind, we can assume that if Jim attempts to change the way the plant is managed, his efforts could very well be overlooked and ignored.The first time Jim understood an ethical dilemma was upon his discovery of the fraudulent water sample data reports being sent to the Environmental Protection Agency (EPA). In order to avoid a shutdown, the plant's waste disposal into the river needed to be in compliance with the EPA standards. After Jim was told that the mill's waste disposal into the river exceeded the EPA's guidelines, Jim ordered tests of the water for the last 6 months. After comparing the reports against EPA standards, he saw no violation. As a result, Jim checked the mill to test the water himself, only to learn the truth behind the plants operations. The mill had never been modernized to meet EPA standards, so they needed to divert the bad waste to one of the four large storage tanks, and twice a week, they dumped it into the river. However, according to past EPA reports, the mill had always been in compliance. Jim grew suspicious and wondered how there was discrepancy in the EPA reports. Jim learns of a miscellaneous expense of $100 a month, and realizes that this was essentially a bribe payment to Ralph in order to operate the plant under the radar, while they continued to violate the new EPA standards. It was evident that this fraudulent activity was the cause of the discrepancy within the reports. Given the current circumstances, it is critical that Jim consider the potential ethical issues at risk as he examines each of his alternatives as a manager. We have identified four options for Jim: A. Meet with higher management and discuss the ramifications of the EPA to discuss to pay for new equipment...

Find Another Essay On Ethics and Corporate Social Responsibility

Social responsibility and ethics Essay

1731 words - 7 pages . (2005). The pragmatic and ethical barriers to corporate social responsibility disclosure: The Nike case. Journal of Business Ethics, 60(4), 359-376. doi: 10.1007/s10551-005-0869-x Griffin, R. W., & Pustay, M. W. (2010). International business Upper Saddle River, NJ Prentice Hall. ISBN: 9780137153732 Ethics in international business. (n.d.). Retrieved from http://management-class.co.uk/public_html/courseware/mba/mb210/intbus

Ethics and Social Responsibility Essay

2015 words - 8 pages usual.So, every organization has to feel social responsibility to the environment they operating, and this can return some benefits to an organization.Ethics in workplaceFirst of all, what is ethics? Ethics involves learning what is right or wrong, and then doing the right thing, but "the right thing" is not nearly as straightforwardas conveyed in a great deal of business ethics literature. Most ethical dilemmas in the workplace are not simply a

Ethics and Social Responsibility

2114 words - 9 pages ethically, the costs of unethical conducts can be avoided and the overall welfare of the society will improve. Works Cited BusinessWeek. (7 March, 2007). The Mortgage Mess Spreads. Retrieved from BusinessWeek: http://www.businessweek.com/investor/content/mar2007/pi20070307_505304.htm?chan=rss_topStories_ssi_5 Chan, G., & Shenoy, G. (2010). Ethics and Social Responsibility, Asian and Western Perspectives. McGraw Hill. Crane, A., & Matten, D. (2010

Corporate Governance and Social Responsibility

1337 words - 5 pages AbstractThe formal definition of social responsibility is "management's obligation to make choices and take actions that will contribute to the welfare and interests of society as well as the organisation." However, it is not as straightforward as it may seem. Having social citizenship means putting managerial ethics to practice and work. So how can we measure social responsibility of one company's ethical decision? With the competing demands

Globalization and Corporate Social Responsibility

835 words - 3 pages Globalization and Corporate Social Responsibility Events in resent history have made a clear statement to the executives of the world that Globalization and Corporate Social Responsibility (CSR) are tightly linked in projecting a positive brand image. Most of the negative publicity surrounding the globalization debate is directed at one key area, the perceived lack of corporate social responsibility in the business culture of the developed

Globalization and Corporate Social Responsibility

2401 words - 10 pages Globalization and Corporate Social Responsibility Events in recent history have made a clear statement to the executives of the world that Globalization and Corporate Social Responsibility (CSR) are tightly linked in projecting a positive brand image. Most of the negative publicity surrounding the globalization debate is directed at one key area, the perceived lack of corporate social responsibility in the business culture of the developed

Corporate Governance and Corporate Social Responsibility

1970 words - 8 pages unethical as they can ruin the companies bond. Meaning that everybody shares a friend-like bond with each other, however, if a leadership position has a bond stronger than a friend-like bond, it can harm how the company progresses. All of these ethical issues cannot be prevented, but they can be lowered by doing a thorough analysis of each employee and making sure the data is not being manipulated. 2 CORPORATE SOCIAL RESPONSIBILITY 2.1 THREAT TO

Define Ethics And Social Responsibility

1667 words - 7 pages respect and confidence of their customers. Like never before, corporatons are being asked, encouraged and prodded to improve their business practices to emphasize legal and ethical behavior. Companies, professional firms and individuals alike are being held increasingly accountable for their actions, as demand grows for higher standards of corporate social responsibility. This essay will define about ethics,social responsibiliy and show how it is

Monsanto: Achieving Sustainability and Corporate Social Responsibility

1189 words - 5 pages . (Monsanto, 2014) In 2013, Corporate Responsibility Magazine listed Monsanto Company as number 36 on their list of 100 Best Corporate Citizens (Corporate Responsibility Magazine, 2014). Corporate Social Responsibility and Sustainable Agriculture Monsanto’s primary commitment is to sustainable agriculture; they have been successful in creating genetically modified seeds to help farmers double their yields by 2030 from year 2000 levels (Monsanto

Corporate Social Responsibility and Business Success

1208 words - 5 pages Introduction There has been a seismic shift in how companies market themselves and their respective goods and services. The primary reason for the shift seems to be a changing consumer base; one that incorporates social, environmental and ethical issues into their buying decisions. Pressure from these more socially conscious consumers has driven companies to adopt more robust corporate social responsibility (CSR) strategies in order not only

Corporate Social Responsibility

2454 words - 10 pages Responsibility of Business is to Increase Its Profits?, New York Times Magazine, September 13, 1970, pp 122-126. Gelb, D. S. & Strawer, J. A. (2001) ?Corporate social responsibility and financial disclosures: An alternative explanation for increased disclosure?, Journal of Business Ethics, vol. 33, no. 1. Gillis, T. & Spring, N. (2001) ?Doing good is good for business?, Communication World, vol. 18, no. 6. Hay, R. & Gray, E. 1974. ?Social

Similar Essays

Business Ethics And Corporate Social Responsibility

581 words - 2 pages .htmlDynacare Laboratories. Retrieved August 8, 2008 from http://www.dynacare.com/Global Environmental Management Initiative and Business for Social Responsibility.(2006). GEMI-BSR Survey: Sustainable Business & Strategy: Views From theInside, ExecutiveMedical Diagnostic Laboratories, LL> Retrieved February 29, 2008 fromhttp://www.mdlab.com/html/home.htmlSchaal, D. (2008) 100 Best corporate citizens 2008. Retrieved August 8, 2008 fromhttp://www.thecro.com/node/615Weiss, J. W. (2006). Business ethics: A stakeholder and issues management approach(4th ed.). Canada: Thomson South-Western.

Ethics And Corporate Social Responsibility: The Regulatory And Legal Framework

1158 words - 5 pages creation subject only to minimalist public policy and perhaps customary business ethics (Windsor, 2006).It is universally agreed there is no single definition of Corporate Social Responsibility (CSR), but a great many companies and organizations worldwide promote its ever increasing use (McWilliams, Siegel, and Wright, 2006). According to some scholar, CSR are situations where the firm goes beyond compliance and engages in 'actions that appear to

Legal Issues, Ethics And Corporate Social Responsibility On Business Planning

931 words - 4 pages failures in many aspects of the daily operation of a business and the overall business plan of a corporation. The ongoing evaluation and analysis of the planning process is necessary to improve the overall process to keep the company in line with the latest changes in the industry. Therefore, this paper will discuss how legal issues, ethics and corporate social responsibility impact management planning at (My company).Legal IssuesBusiness plans

Ethics And Corporate Social Responsibility In The Music Industry

1788 words - 7 pages and how industry laws are outdated and don’t meet certain needs, especially in the area of compensation for one’s work. Corporate Social Responsibility Within the industry there are a lot of firms and artists fighting for fair compensation, even if it means they must speak out against sections of their own industry. Organizations such as The Recording Academy,ASCAP, American Federation of Musicians, and the Recording Industry Association