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Corporate Social Responsibility
Today's society is very much a corporate society where power is centered at many of corporate centers. Corporations are seen more than just tools and methods of living, but rather this way of life dictates the lives of millions as this system provides jobs and employment as an outlet of societal contribution. As a result of the deep and profound impact on society, many wonder what is the long-term effects of a corporate society and what benefits, if any, are available?
This line of questioning eventually leads to the idea of corporate social responsibility and the ethical and moral approach of the corporation within the human culture. The purpose of this essay is to describe the idea of corporate responsibility and examine it through the use of corporate philanthropy as a useful and practical method of success and benefit. The profitability, both long-term and short-term, will be discussed as important aspects of choosing an effective and economic approach of corporate philanthropy and its many offshoots.
Discussion
Many would argue that corporations have no social responsibility to its culture and should thrive on it success alone. These people would argue that any illusion of social responsibility should be tempered with...
Others would suggest that this relationship is meaningless as well. Karnani (2010) wrote "Very simply, in cases where private profits and public interests are aligned, the idea of corporate social responsibility is irrelevant: Companies that simply do everything they can to boost profits will end up increasing social welfare. In circumstances in which profits and social welfare are in direct opposition, an appeal to corporate social responsibility will almost always be ineffective, because executives are unlikely to act voluntarily in the public interest and against shareholder interests."
In other words corporations don't dictate social order, they more or less are a part or result of it. This approach would suggest that many philanthropic organizations are scheming to another end that is publicized. Treacherous advertisement campaigns may be strong pieces of propaganda designed to take advantage of the kindness that rests within the human spirit all in the name of profit and money. But does this even matter at all? Ignorance is bliss in many ways and if giving makes one feel good, then that cannot be such a bad thing after all.
While others sing the praises of corporations that take a socially active role and…
References
Karnani, Aneel, (2010). The Case Against Corporate Social Responsibility. The Wall Street Journal, 23 Aug 2010. Retrieved from http://online.wsj.com/news/articles/SB10001424052748703338004575230112664504890
McKee, Steve, (2012). Corporate Social Responsibility: Distinction or Distraction? Bloomberg Businessweek, 9 Aug 2012. Retrieved from http://www.businessweek.com/articles/2012-08-09/corporate-social-responsibility-distinction-or-distraction
Thorpe, Devon. (2013). Corporate Philanthropy Programs are Diverse and Creative. Forbes, 10 Oct 2013. Retrieved from http://www.forbes.com/sites/devinthorpe/2013/10/10/corporate-philanthropy-programs-are-diverse-and-creative-get-ideas-here/
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