The Ethical Foundations for CSR

Claus Strue Frederiksen () and Morten Ebbe Juul Nielsen
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Claus Strue Frederiksen: University of Copenhagen
Morten Ebbe Juul Nielsen: University of Copenhagen

Chapter Chapter 2 in Corporate Social Responsibility, 2013, pp 17-33 from Springer

Abstract: Abstract In this chapter we will discuss the ethical foundations of CSR. The chapter consists of three major parts. First, we discuss three different approaches to CSR, namely (a) an instrumental approach, (b) an ethical approach and (c) a hybrid approach, attempting to combine the instrumental and the ethical approach. We will conclude that the ethical approach to CSR is the most reasonable of the three alternatives. Second, we introduce some of the most influential ethical theories and their key principles, namely (a) the utilitarian principle of maximizing well-being, (b) theories of rights, and (c) social contract principles concerning fairness, and discuss how they might relate to CSR in general. Third, we present and discuss some specific ethical challenges characteristic for CSR including whether companies should focus solely on avoiding harmful actions or whether they also have obligations to actively do good.

Keywords: Business Ethic; Ethical Theory; Stakeholder Theory; Ethical Approach; Harmful Action (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-642-40975-2_2

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DOI: 10.1007/978-3-642-40975-2_2

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