Jump to ContentJump to Main Navigation
Making Globalization GoodThe Moral Challenges of Global Capitalism$
Users without a subscription are not able to see the full content.

John Dunning

Print publication date: 2003

Print ISBN-13: 9780199257010

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0199257019.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 28 November 2020

The Business Community: Social Responsibility and Corporate Values

The Business Community: Social Responsibility and Corporate Values

(p.301) 13 The Business Community: Social Responsibility and Corporate Values
Making Globalization Good

Robert Davies

Oxford University Press

This chapter looks at the ethical ingredients, strategies, and conduct of business institutions. This is an important subject, as a great deal of criticism has been, and is being, levelled against the social responsibilities and moral conduct of large enterprises (particularly multinational enterprises, MNEs); some of this, as Robert Davies acknowledges, is justified in respect of some firms, while some is not. This chapter attempts to set the record straight by acknowledging that MNEs do have a responsibility to all their stakeholders and to the community at large, and at the end of the day, judicial or ’proper’ selfishness pays off. He also addresses the social‐cum‐altruistic role of businesses and the business community, and gives several examples of recent businesses, both in the USA and the UK, which by their actions portray the unacceptable face of global capitalism. This is an open‐minded look at the demands being made on the business community by the various stakeholders in global capitalism, and acknowledges that business leaders need to play a more proactive and progressive role in fashioning corporate values and social responsibility, and upgrading these from the realm of business philanthropy.

Keywords:   business, business community, companies, conduct, corporate values, ethics, firms, multinational enterprises, philanthropy, responsibility, social responsibility, stakeholders, strategies, values

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .