Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Corporate Social Responsibility: The Co-Responsibility of Business Along Global Supply Chains

Corporate Social Responsibility: The Co-Responsibility of Business Along Global Supply Chains

Maurice, LILLI Carlotta Sophie

Paperback

Series: Bestmasters

Business GeneralManagement

ISBN10: 365839112X
ISBN13: 9783658391126
Publisher: Springer Gabler
Published: Oct 1 2022
Pages: 71
Weight: 0.25
Height: 0.19 Width: 5.83 Depth: 8.27
Language: English

This book attempts to clarify the social responsibility of business along global supply chains beyond mere profit maximisation as famously argued by Milton Friedman. In this context, corporate social responsibility (CSR) is understood as the responsibility of business to align corporate policies and procedures with commonly accepted ethical standards and to respect stakeholders' rights in day-to-day business. As such, CSR is by no means voluntary but constitutes a fundamental prerequisite for companies to keep their license to operate for sustainaable growth and survival in an ever more competitive global market. Inspired by Germany' recent efforts to regulate global supply chains, Germany's Due Diligence Act is analysed in terms of its potential and limitations to promote responsible business practices and complemented by alternative approaches for more co-responsibility of business globally.

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