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While conducting its business successfully is imperative for a company to survive, the company should also follow a strategy for corporate social responsibility. For Week 2’s assignment, you will write a paper that focuses on this topic.
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Assignment Objective: Write a paper that explains the importance of following a strategy for corporate social responsibility.
Step 1: Find the following articles in LIRN, and read them to understand the background behind corporate social responsibility.
• Keifer, J. L., & Keifer, M. C. (2009). A method for embedding business ethics into traditional business analysis. Southern Journal of Business and Ethics, 1, 141-150.
• Rao, K., & Tilt, C. (2016). Board composition and corporate social responsibility: The role of diversity, gender, strategy, and decision making. Journal of Business Ethics, 138(2), 327-347.
• Shaukat, A., Qiu, Y., & Trojanowski, G. (2016). Board attributes, corporate social responsibility strategy, and corporate environmental and social performance. Journal of Business Ethics, 135(3), 569-585.
Step 2: After reading these three articles, use the APA essay template available at CIU Writing Center and write a 4-page paper (not including the cover page and reference page) in APA format. In your paper, you should explain what the authors think about the following prompts:
• How can the board of governors incorporate corporate social responsibility in internal audits?
• How can companies recruit for their board of directors to ensure that the company makes the best decisions?
• How does the composition of the board of directors affect strategic decision making?
• What would you recommend to a company that wants to improve its CSR reporting and strategic decision making?
Textbook:
Wheelen, T. L., Hunger, J. D., Hoffman, A. N., & Bamford, C. E. (2018). Strategic management and business policy: globalization, innovation and sustainability (15th ed.). New York, NY: Pearson Higher Ed.
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