SOCIAL RESPONSIBILITY OF INDIVIDUALS, GROUPS AND BUSINESSES: AN ESSENTIAL INGREDIENT IN WORKING TOGETHER FOR PEACE
Abstract
Social responsibility is an ethical theory in which individuals, groups and businesses are held accountable for fulfilling civic obligations. These actions must be of huge benefits to the whole of society. This paper advocates that a peaceful balanced economic growth, welfare of society and the environment must be hinged on a transparent partnership between businesses, governmental and non-governmental organisations. It is the view of the paper that businesses do not contribute huge resources directly to peace rather such resources are channeled to worthy projects/programs like ensuring equity, stakeholder engagement, and even fighting corruption. The paper recommends that a scarce resource like money does not thrive in restive environments. Consequently, social responsibility of individuals groups and businesses is an inevitable ingredient and panacea in working together for peace especially in restive environments.References
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Shamoo, A and Resnik (2009). Responsible Conduct of Research. New York: Oxford University Press.
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Takala, T. and Pallab, P. (2000). ‘Individual, collective and social responsibility of the firm, Business Ethics, A European View, 9(2), 109-118.
Watson, G. (1996). ‘Two faces of responsibility’ Philosophical Topics, 24(1) 227-248.
Wenger, A. and Mockli, D. (2003). Conflict Prevention: The untapped potential of the Business Sector, Boulder: Lynne Reinner Publishers.
Williams, G. (2006). Responsibility in the internet Encyclopedia of Philosophy. www.iep.utm.edu/r/reponsi.htm (accessed in July, 2006).
www.Bsr.org
Zamagni, S. (2006). ‘The ethical anchoring of Corporate Social Responsibility and the critique of CSR’ prepared for the 6th International Conference in Catholic Social thoughts and Management Education “the Good Society Catholic Social thought and CSR in Dialogue” Rome, October 5-7.
Argandona, A. (2006). The ethical foundations of corporate social responsibility the EBEN research conference, Normative Foundations of Corporate Responsibility St. Petersburg, June, 16-17.
Argandona, A. (2006). Ethics in Economics and organisations: Can they be fully integrated? Presented at the 14th International Symposium on Ethics, Business and society, Bacrelona May 18-19.
Carrol, A.B. (1979). “A three dimensional conceptual model of corporate performance” Academy of Management Review 4(4) 497-505.
Carrol, A.B. (1991). “The Pyramid of Corporate Social Responsibility: Towards the moral management of organizational stakeholders”. Business Horizons. July-August, 39-48.
Churchill, G.A. (1999). Marketing Research: Methodological Foundations, New York: The Dryden Press 7th edition.
De George. R.T. (2010). Business Ethics. 7th ed. Upper Saddle River: Pearson Education Inc.
Donaldson, T and Donfee, T.W. (1999). Ties that bind: A Social Contract’s Approach to Business Ethics. Boston, M.A: Harvard Business School.
Eshleman, A. (2004). Moral responsibility in E.N. Zalta (ed.). Standford Encyclopedia of Philosophy. www.plato.stanford.edu/entries/moralresponsibility (accessed in July, 2006).
Evers, T. (2010). Doing Business and Maaking Peace? A review of research on Business-based peacebuilding. Occasional Papers No. 3 Sweden: Strikespolitiska Institute.
Farnell, D (2004). Responsibility without answerability. Disentangling the two forms of moral responsibility, http://www.epilosopher.com/modules.php?op.=modloader name (accessed in July, 2006).
Fort, T. and Schipani, C. (2004). The Role of Business in Fostering peaceful societies. Cambridge: Cambridge University Press.
French, P.A. (1992). Responsibility Matters. Lawrence, KA: University Press of Kansas.
Garriga, E and Mele, D. (2004). Corporate Social Responsibility theories: Mapping the Territory. Journal of Business Ethics, 53(1-2) 51-71.
Goulborne, B. (2003). Corporate Social Responsibility: The Business case in Country indicators in foreign policy. Ottawa: Carleton University.
Halme, M. and Laurila J. (2009). Philanthropy, integration or innovation? Exploring the financial and societal outcomes of different types of corporate responsibility. Journal of Business Ethics. 84(1), 325-339.
Haufler, V. (2006). Foreign Investors in conflict zones: New Expectations working paper, College Park: University of Maryland, U.S.A.
Igwe, N.N and Alinno, F.C. (2010). Ethical Issues in Research: The prevalence of Misconduct in Research Endeavours’ in Nigerian Journal of Economic and Financial Research 3(1) 57-65.
Igwe, N.N. and Nwadialor, E.O. (2015). Effectiveness of Corporate Social Responsibility (CSR) Reporting in Enhancing Corporate Image. European Journal of Business and Social Sciences, 4(5) 1-11, http://www.ejbss.com/recent.aspx-1 ISSN:2235-767X.
McWilliams, A. and Siegel, S. (2000). ‘Corporate Social Responsibility and Financial Performance: Correlation or Misspecification?’ Strategic Management Journal, 21(5): 603-609.
Mullins, L.J. (2010). Management and Organisational Behaviour. 9th edition London: Prentice Hall.
Nelson, J. (2000). The Business of Peace: The Private Sector as a partner in conflict prevention and Resolution London: The prince of Wales Business Leaders Forum, International Alert and the Council on Economic priorities.
Nwadialor, E.O. and Igwe, N.N. (2013). Adapting Corporate Social Responsibility Programs to risk management: A model for multi-national organsiations in Nigeria. European Journal of Business and management 5(15) 17-24.
Phillips, R.A. (2003). Stakeholder Theory and Organisational Ethics. San Francisco, CA: Berrett-Koehler.
Rettberg, A. (2004). Buisness led peacebuilding in Colombia: Fad of future of a country in crisis? Final Report Crisis State Programme. London: London School of Economics and Political Science.
Rummel, R.J. (1981). Understanding Conflict and War: Volume 5: The Just peace, Beverly Hills, CA: Sage Publications.
Sacconi, L. (2004). A social Contract Account for CSR as extended Model of Corporate Governance (Part II): Compliance Reportation and Reciprocity, Journal of Business Ethics 11(1) 77-96.
Schein, E.H. (1998). Organisational Psychology, 3rd edition London: Prentice Hall.
Shamoo, A and Resnik (2009). Responsible Conduct of Research. New York: Oxford University Press.
Sweatman, D. (2009). Business, Conflict Resolution and Peacebuilding, London: Routledge.
Takala, T. and Pallab, P. (2000). ‘Individual, collective and social responsibility of the firm, Business Ethics, A European View, 9(2), 109-118.
Watson, G. (1996). ‘Two faces of responsibility’ Philosophical Topics, 24(1) 227-248.
Wenger, A. and Mockli, D. (2003). Conflict Prevention: The untapped potential of the Business Sector, Boulder: Lynne Reinner Publishers.
Williams, G. (2006). Responsibility in the internet Encyclopedia of Philosophy. www.iep.utm.edu/r/reponsi.htm (accessed in July, 2006).
www.Bsr.org
Zamagni, S. (2006). ‘The ethical anchoring of Corporate Social Responsibility and the critique of CSR’ prepared for the 6th International Conference in Catholic Social thoughts and Management Education “the Good Society Catholic Social thought and CSR in Dialogue” Rome, October 5-7.
Published
2017-02-16
How to Cite
IGWE, Nick Ngozi; OKOLIE, Jonathan Ibekwe.
SOCIAL RESPONSIBILITY OF INDIVIDUALS, GROUPS AND BUSINESSES: AN ESSENTIAL INGREDIENT IN WORKING TOGETHER FOR PEACE.
GOUNI Journal of Management and Social Sciences, [S.l.], v. 4, n. 2, p. 204-215, feb. 2017.
ISSN 2550-7265. Available at: <http://journal.gouni.edu.ng/index.php/fmss/article/view/24>. Date accessed: 11 may 2018.
Issue
Section
Articles
Keywords
Social Responsibility; Business; Peace
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