Health Sciences 3042A/B Lecture Notes - Lecture 4: Corporate Social Responsibility, Neoliberalism, Governmentality

• School: Western University
• Department: Health Sciences
• Course: Health Sciences 3042A/B
• Professor: Hossein Khalili

Document Summary

Neo-liberalizing corporate social responsibility: a political economy of corporate. Corporate citizenship- the extent to which businesses are socially responsible for meeting legal, ethical and economic responsibilities placed on them by shareholders. The aim is for businesses to create higher standards of living and quality of life in the communities in which they operate, while still preserving profitability for stakeholders. Neoliberalism- an approach to economics and social studies in which control of economic factors is shifted from the public sector to the private sector. Corporate social responsibility (csr)- is defined as the voluntary activities undertaken by a company to operate in an economic, social and environmentally sustainable manner. The rise of socially-responsible corporate behaviour may be in response to anti- corporate campaigns which have targeted the worst excesses of corporate exploitation; labour standards, workplace conditions, and environmental impacts. The two most important manifestations of corporate responsibility programs are ethical trading and corporate codes of conduct.