Category: Business Ethics and Corporate Social Responsibility (CSR)
-
What is Shared Value Theory?
Key takeaway: Shared Value Theory argues that companies can boost competitiveness by creating economic value while also benefiting…
-
What is Triple Bottom Line (TBL)?
Key takeaway: The Triple Bottom Line argues that businesses should measure success across three dimensions: profit, people, and…
-
What is Carroll’s Corporate Social Responsibility (CSR) Pyramid?
Key takeaway: Carroll’s CSR Pyramid outlines four layers of corporate responsibility: economic, legal, ethical, and philanthropic. It suggests…
-
What is Integrative Social Contracts Theory (ISCT)?
Key takeaway: Integrative Social Contracts Theory argues that business behaviour is guided by two layers of norms: universal…
-
What is Social Contract Theory?
Key takeaway: Social Contract Theory argues that societies and governments gain legitimacy through an implicit agreement among individuals…