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The Pyramid of Corporate Social Responsibility: Review - Article Example

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The Pyramid of Corporate Social Responsibility: Toward the Moral Management of Organizational Stakeholders
By Archie B. Carroll
This article explores the nature of the Corporate Social Responsibility (CSR) based on a model explaining its components; ethical, economical, legal and philanthropic elements. …
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The Pyramid of Corporate Social Responsibility: Review
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Download file to see previous pages This model incorporates the stakeholders in the firms while trying to reconcile the executives’ roles. It clearly discusses the ethical component of the CSR model raising three approaches to management; immoral, moral and amoral. Archie Carroll tries to talk about managing stakeholders in a moral fashion.
Introduction
The methodology that will be used involves framing a corporate social responsibility. Relating this idea to the stakeholders and isolating the moral and ethical components of corporates social responsibility also links it to ethical approaches to management. The three approaches being: immoral, moral and amoral ethical approaches (Caroll, 1991). To recognize social responsibility, the management should implement moral changes rather than focusing on the amoral or immoral changes. The article being reviewed is titled ‘The Pyramid of Corporate Social Responsibility: Toward the Moral management of Organizational Stakeholders’ (Caroll, 1991).
This review is aimed at realizing the mode of social responsibility of corporate firms in understanding its constituent parts. It’s aimed at characterizing the firm’s social responsibility in ways useful to executives wishing to renew their role to their shareholders with those to other competitor groups claiming legitimacy. The article shows a comparison of the economic and legal components of corporate social responsibility. ...Download file to see next pagesRead More
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