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Lecture notes Business management

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Within this document it describes the fundamentals of corporate social responsibility, along with the theories that accompany it, such as that of Carroll’s CSR pyramid. This note also covers the idea of corporate personhood and limited liability, with an in depth example provided.

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  • January 31, 2023
  • 5
  • 2022/2023
  • Class notes
  • David kelsey
  • All classes
  • Unknown
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Corporate Social Responsibility
Corporate social responsibility SA

b term at the start of writing
Always display full the rest
the initalism throughout
toy the feet


key understanding
The idea social responsibility that corporations
of supposes
don't
only have economic and legal
obligations as such
and legal but also social responsibilities
profit processes




M Back To Capitalism th
SR stems
from
the context
provided by Capitalism
Industrial show
factory owners need to
Revolution showed that
workers
responsibility
for
Ethical duties organisations
to look stakeholders
of after
Business themes
infusing key of society

Rise of the Modern Corporation Legal entitythat can act like a
person

, The describes the differences
between
following
business that is notlega
Limittiability
consequences
for one a

spoofed from the owner and two a operate
legal entity from the owner



I Football
pl this situation outlines



Billets as
Run over
what would

Bill did
happen
not create
if
a

House
I Sook Sues Bill separate corporation

Car if Sok 1 Bill should have created

Investments Sook
for Elm the
f squat corporation
to the
therefore transfer
Cab licenses
80 k assets to the corporal

Insurance fl k which is a separate

legal entity this would

µd look policy assets
due to limited
liability
Bill's Car Service Inc


Cab license 8ok bought in corporations
name

Insurance fl k

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