Corporate Social Responsibility And How Corporations Are...

A combination of recent changed to the world scene and pressures from public opinion now requires corporations to take on a new role, social responsibility. Corporate social responsibility is a corporation’s initiative to monitor and ensure compliance with the law, ethical standards, and norms. It can also be defined as corporation’s actions that further social good and go beyond the interests of the firm in order to make the world a better place. Essentially a corporation should embrace the idea of corporate citizenship, the idea that businesses are socially responsible for meeting legal, as well as ethical and economic responsibilities placed on them by shareholders. Although this is an alluring concept, it is also a flawed one. It†¦show more content†¦Individuals are just as responsible as corporations, which is one reason why corporate social responsibility is flawed. Although individuals can be socially responsible, it can be argued that since corporation s have the most money and influence, they are the ones that have a higher standard of responsibility. Corporations can influence their workers, their consumers and possible their shareholders, which is more than an individual can do. It will take many individuals to reach the influence and effects that one corporation’s actions will have on society. Therefore, corporations should be more invested because they will be more productive in achieving their goal. It can also be argued that a corporation is an individual therefore they are socially responsible. The dictionary definition of a corporation is â€Å"a body formed and authorized by law to ac as a single person.† Also, the Supreme Court has also given corporations many of the same rights as individuals have, such as freedom of speech and the right to spend money in candidate elections. These individuals are the ones that have the most impact on the environment, which is why they should be responsible for ensuri ng the safety of the environment. Research has found that nearly 90 â€Å"individuals†, corporations, generated two-third of the greenhouse gas emissions, which has lead to the current climate crisis. Those individuals should be held