Corporate Social Responsibility and Beyond
The history and future of CSR
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Corporate Social Responsibility became a good business instead of ethical obligation, because companies and experts found that stakeholders appreciated responsibility and its communication, and it could be demonstrable in profit as well. CSR gained a superior goal, increasing profit. The mainstream economics first attacked it, but afterwards degraded it to be a tool of profit-making. This is the CSR s story of success . I evidence with theoretical and empirical arguments that we should go beyond CSR, construe a more truthful realization of business ethics principles: values-driven business. I ...
Corporate Social Responsibility became a good business instead of ethical obligation, because companies and experts found that stakeholders appreciated responsibility and its communication, and it could be demonstrable in profit as well. CSR gained a superior goal, increasing profit. The mainstream economics first attacked it, but afterwards degraded it to be a tool of profit-making. This is the CSR s story of success . I evidence with theoretical and empirical arguments that we should go beyond CSR, construe a more truthful realization of business ethics principles: values-driven business. I present two complementing researches, which show a complete picture of corporate responsibility. The first one maps the situation of CSR in Hungary, the second one explores the way to get beyond it.
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