This document provides an overview of key topics from a chapter on social responsibility and managerial ethics. It includes:
- Definitions of social responsibility from classical and socioeconomic views, as well as levels of social obligation, responsiveness, and responsibility.
- Research showing a positive relationship between social involvement and economic performance, though definitions and measurements are challenging.
- Approaches organizations can take to become more environmentally friendly, from legal compliance to activism.
- The role of shared values and ethics training in encouraging ethical behavior within an organization.
- Factors like individual characteristics and corporate culture/policies that influence ethical decision making.