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    CSR Public Policies and The Welfare State

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    ivan yannick bagayao
    The document outlines an attachment to a government profile on CSR that discusses a business's responsibilities towards suppliers, owners/capital providers, government, and society in general. It also discusses the importance of business leaders following ethical principles and the steps involved in implementing and evaluating a code of conduct within a business. Major points developed are that businesses should pursue profits efficiently while also acting socially responsible and engaging in initiatives to enhance society.

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    CSR Public Policies and The Welfare State

    Uploaded by

    ivan yannick bagayao
    434 views2 pages
    The document outlines an attachment to a government profile on CSR that discusses a business's responsibilities towards suppliers, owners/capital providers, government, and society in general. It also discusses the importance of business leaders following ethical principles and the steps involved in implementing and evaluating a code of conduct within a business. Major points developed are that businesses should pursue profits efficiently while also acting socially responsible and engaging in initiatives to enhance society.

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    csr public policy

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    CSR Public Policies and the Welfare State

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    The document outlines an attachment to a government profile on CSR that discusses a business's responsibilities towards suppliers, owners/capital providers, government, and society in general. It also discusses the importance of business leaders following ethical principles and the steps involved in implementing and evaluating a code of conduct within a business. Major points developed are that businesses should pursue profits efficiently while also acting socially responsible and engaging in initiatives to enhance society.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    434 views2 pages

    CSR Public Policies and The Welfare State

    Uploaded by

    ivan yannick bagayao
    The document outlines an attachment to a government profile on CSR that discusses a business's responsibilities towards suppliers, owners/capital providers, government, and society in general. It also discusses the importance of business leaders following ethical principles and the steps involved in implementing and evaluating a code of conduct within a business. Major points developed are that businesses should pursue profits efficiently while also acting socially responsible and engaging in initiatives to enhance society.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    CSR Public Policies and the Welfare State

    IN THE DEVELOPMENT OF PUBLIC POLICIES ON CSR, THE SOCIAL, CULTURAL AND


    POLITICAL CONTEXT OF EACH COUNTRY IS OF PARAMOUNT IMPORTANCE. THE MODEL
    OF PUBLIC POLICIES AND CSR THAT WE HAVE OUTLINED ABOVE CORROBORATE THIS.
    THOSE READERS WHO ARE FAMILIAR WITH THE LITERATURE ON THE DEVELOPMENT OF
    THE WELFARE STATE IN EUROPE WILL HAVE DETECTED SIMILARITIES BETWEEN THE
    MODELS OF PUIBLIC POLICIES AND CSR THAT WE HAVE IDENTIFIED AND THE DIVISIONS
    THAT ARE USUALLY MADE WHEN ANALYZING THE DIFFERENT FORMS AND EXPERIENCE
    OF THE WELFARE STATE.

    Attachment to the Government Profile of CSR


    Towards the Suppliers
    BUSINESSES MUST ENSURE THAT TERM OF CONTRACTS WITH SUPPLIERS BE CLEARLY
    STATED AND HONORED IN FULL. THE ABUSE OF ECONOMIC POWER ESPECIALLY IN
    DEALING WITH SMALLER FIRMS MUST ALSO BE AVOIDED.

    Towards the Owners and Other Providers of Capital


    OWNERS AND PROVIDERS OF CAPITAL MUST BE PROVIDED AN ADEQUATE RETURN ON
    THEIR CAPITAL TO ENSURE THE SECURITY OF THEIR INVESTMENTS.

    Towards the Local and National Government


    WHILE IT IS AGREED THAT THE RESPONSIBILITY OF GOVERNMENTS TO ENACT
    LEGISLATION AND FORMULATE IMPLEMENTING POLICIES AND PROGRAMS, IT IS THE
    DUTY OF BUSINESS TO INVOLVE ITSELF IN THE DISCUSION OF PROPOSED LEGISLATION
    AND TO PROPOSE SOUND POLICIES IN THE USE OF HUMAN AND MATERIAL RESOURCES.

    Towards Society in General


    IT IS THE DUTY OF BUSINESS TO MAKE SURE THAT THE RESOURCES ARE DEPLOYED IN
    SUCH A MANNER WHICH WILL BENEFIT SOCIETY IN GENERAL AND WHICH DOES NOT
    CONFLICT WITH THE NEEDS AND REASONABLE ASPIRATION OF THE COMMUNITIES IN
    THE AREAS WHERE THEY OPERATE.
    The Businessman and the Code
    AN IMPORTANT ELEMENT IN THE CODE CONCERNS THE IMPORTANT UNDERSTANDING
    OF THE KEY ROLE OF THE BUSINESSMAN OR THE PROFESSIONAL MANAGER IN THE
    SUCCESS OF ALL ENDEAVORS. THE ENTERPRENEUR AND THE MANAGER ARE THE PRIME
    MOVERS OF DEVELOPMENT. THE CODE RECOGNIZES THAT ULTIMATELY, ALL BUSINESS
    IS ESSENTIALLY AN EXPRESSION OF HUMAN RELATIONSHIP AND THAT THERFORE THE
    MAN AND WOMAN WHO BRINGS ALL OF THIS RELATIONSHIPS TOGETHER TOWARDS A
    COMMON END MUST BE GUIDED BY HUMANIST, ETHICAL PRINCIPLES IN HIS
    ACTUATIONS.

    Using the Code


    STEP 1 – INVOLVES THE EXAMINATION, UNDERSTANDING AND ACCEPTANCE OF THE
    CODE BY THE POLICY MAKERS IN THE ENTERPRISE.
    STEP 2 – INVOLVES THE DEVELOPMENT BY POLICY MAKERS OF DETAILED GUIDELINES
    AND POLICIES FOR THEIR EMPLOYEES.
    STEP 3 – INVOLVES AN EVALUATION AND REGULAR AUDIT OF THE IMPLEMENTAION OF
    THE CODE AND THE ATTACHMENT SET OF SPECIFIC POLICIES AND GUIDELINES.

    Major points developed in this Chapter


    FIRST – INVOLVES THE STRAIGHTFORWARD PURSUIT OF DAILY BUSINESS OPERATIONS
    IN AN EFFICIENT AND PROFITABLE WAY TO ENSURE THAT THE FIRM CONTINUES TO
    PERFORM ITS FUNCTION PROVIDING GOODS AND SERVICES THROUGH THE RESOURCES
    SOCIETY YIELDS FOR ITS USE.
    THE SECOND ASPECT HAS TO DO WITH THE MORALLY AND SOCIALLY RESPONSIBLE WAY
    THE BUSINESS FOLLOWS IN PURSUIT OF PROFIT.
    THE THIRD COMPONENT INVOLVES WHATEVER LAUDABLE INITIATIVES THE BUSINESS
    MAY ENGAGE IN OVER AND ABOVE THE REQUIREMENTS OF THE FIRST TWO ASPECTS IN
    THE ENLIGHTENED BELIEF THAT ANY EFFORT MADE TO ENHANCE THE QUALITY OF LIFE
    OF SOCIETY ULTIMATELY REDOUNDS TO THE PRESERVATION OF THE FIRMS OWN
    INTEREST.

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