Find a journal article on Business Ethics, Stakeholder Management, and Multinational Corporations in the Global Environment and summarize the article while discussing how you may apply what you have learned from this article in your professional and personal life.
Please include reference (website, author etc) to the article utilized in this response.© BrainMass Inc. brainmass.com October 25, 2018, 2:32 am ad1c9bdddf
The article selected is: The Pyramid of Corporate Social Responsibility: Towards the Moral Management of Organizational Stakeholders, by Archie B. Carroll. Published in Business Horizons 1991. Retrieved from: http://www.cba.ua.edu/~aturner/MGT341/MGT341%20Readings/Pyramid.pdf
The journal article discusses the problem of how corporate executive balance their responsibilities towards shareholders with the responsibility towards environment, employees and consumers. The article explores the concept of corporate social responsibility. Corporate social responsibility has emerged as an comprehensive and global issue to embrace corporate social responsiveness and ensure a beneficial activities. The components of CSR include economic responsibility like maximizing the earnings per share, making the operations profitable, have operating efficiency and be consistently profitable. To be legally responsible the corporation must comply with laws, satisfy the expectation of the government, and should ...
This explanation provides a comprehensive argument relating to business ethics from an article titled: The Pyramid of Corporate Social Responsibility: Towards the Moral Management of Organizational Stakeholders. This solution is completed in about 540 words.
Important information about Ethics Article Review
Ethics Article Review. Using the Electronic Reserve Readings (ERR) for FIN/324, the Internet, or other resources locate an article discussing ethics in accounting and financial decision making. Prepare a review of your selected article.
Address the following items in your review:
a. Briefly summarize the article.
b. Relate the article to the assigned readings for this week.
c. Discuss how the concepts of the article relate and/or apply to your current or former organization.
d. Make recommendations for improvement for your organization based on the article.
e. Explain the importance of ethics in accounting and financial decision making. Be sure to include a description of the 2002 Sarbanes-Oxley Act and its impact on accounting and financial decision making.
Be sure to format your paper according to APA standards.View Full Posting Details