Institutionalization of Corporate Ethics and Corporate Social Responsibility Programmes in Firms

Jacob D. Rendtorff

Chapter 11 in Corporate Social and Human Rights Responsibilities, 2011, pp 244-265 from Palgrave Macmillan

Abstract: Abstract The last 10–15 years have been characterized by a tremendous development in the ethics and law of values-driven management and corporate responsibility in the United States (US), Europe (EU) and the rest of the world. Many modern corporations have introduced ethics and compliance programmes and values-driven management taking all the firm’s stakeholders into account. In many cases reporting procedures and accountability programmes for corporate and social values are introduced into the organization. The corporate boards see them as a means to ensure not only the responsibility and integrity of the organization but also efficient management, competitiveness and legitimacy of the firm in a complex democratic society.

Keywords: Corporate Social Responsibility; Business Ethic; Corporate Governance; Moral Responsibility; Supra Note (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-29461-5_12

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DOI: 10.1057/9780230294615_12

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