search query: @indexterm PUBLIC POLICY / total: 408
reference: 188 / 408
Author: | Wood, D. J. |
Title: | Toward improving corporate social performance |
Journal: | Business Horizons
1991 : JUL-AUG, VOL. 34:4, p. 66-73 |
Index terms: | COMPANY PERFORMANCE ORGANIZATIONAL BEHAVIOUR SOCIAL VALUES BUSINESS ETHICS PUBLIC POLICY |
Language: | eng |
Abstract: | An answer is sought to the question, how corporations can and do contribute to constructing "the good society?". This question is answered in the context of a discussion on corporate social performance - the outcomes of corporate behavior. The main points include: We need not choose between the demands of economics and the demands of ethics. Economics is ethics, though ethics is more than economics. Responsibility, as defined by ethics and enforced by social control, is what makes people and organizations free. It is argued that business legitimacy means that business exists and acts with society's permission and within society's expectations, as defined through public policy processes. |
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