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Business Ethics

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Business Ethics
Running Head: BUSINESS ETHICS

Business Ethics
Corporate Social Responsibility
[Name of the Writer]
[Name of the Institute]
Business Ethics
Corporate Social Responsibility

Part A
Corporate Social Responsibility (CSR)
The Corporate Social Responsibility (CSR) has acquired extensive interest throughout the previous decades, even though, it is not an innovative concept, and it certainly dates back to the early years of 1930, as stated by Eric Orts, University of Pennsylvania. Prior to the World War II, the industrialists of Germany, Walter Rathenau, declared that the corporations have turned out to be huge and that they have developed to be an important part of the community or the society. As said by Walter Rathenau, although a corporation significantly intends to pursue the personal and individual interests and revenues for the owners or the leaders of the corporation they progressively bear the mark of a responsibility and to a growing degree, have consistently assisted the private interest of individuals. Moreover, philosophers such as James H. Tufts and John Dewey, explained in their book ‘Ethics’ published in the year 1908, they promoted the idea that is not adequate to sight the corporations as a virtuous economic machine and that corporations are supposed to be included in the duties and responsibilities of the general public or individuals privately.

Sustainability and Corporate Social Responsibility
The concept of Corporate Social Responsibility (CSR) is not static. This concept remains in motion and its target continues to evolve, as stated by Norine Kennedy of the U.S. Council on International Business. As per the statement of Kennedy, a concrete and pure definition for CSR does not exist. On the contrary, this term is not used in place of the role and responsibilities that a state government has to confront in order to maintain a sustainable growth and expansion of an economy. The concept of a sustainable



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