Corporate Social Responsibility
CSR is closely tied to corporate reputation and employee retention rate.
Ethical standards are part of modern corporate social responsibility practices implemented across all levels of business operations. Students will discuss the definition, application, and impact of ethics on business processes and will analyze and determine a company’s application of CSR.
In today’s age of hyperconnectivity, it’s not only businesses' external behavior at the forefront of public interest — it’s also their relationships towards employees. Corporate values, balancing opportunities, and company reputation are now key. With a course on Corporate Social Responsibility, form a well-rounded understanding of social responsibility tools and obtain the knowledge necessary to set admirable standards
What will you study?
Corporate Social Responsibility
Corporate Social Responsibility (CSR) is an emerging organizational domain that describes an organization's effort to assess and take responsibility for its impact on environmental and social concerns. In this course, students will examine the nature of CSR, its strategic imperatives, applications in various contexts, and its impact on traditional business processes and practices.
As the nature of CSR is both crucial to apprehend and somewhat controversial, the course opens with a pointed effort to develop a cohesive definition of CSR and a framework for assessing its relevance to social well-being. With a core schema in place, students will have the opportunity to explore CSR as both a strategic matter and from the perspective of its impact on daily business operations.
In addition, the roles of CSR in global or multi-regional contexts and the importance of CSR to not-for-profit (NFP) and non-governmental (NGO) organizations are investigated.
As CSR is an emerging topic in both research and practice; and as CSR is a multi-disciplinary, highly integrative function, the course places significant emphasis on measurements and metrics used to both deploy and evaluate socially responsible corporate performance.
How emerging successful business models based on data are driven with the implementation of ethically consistent digital value creation using ICT and tendentially AI like Uber are just some of the new case studies illustrating the global reach. With more cases and examples, initiatives and failures are explored in real business contexts, providing a comprehensive understanding.
Course Content & Curriculum
- What is social responsibility?
- Prominence of CSR
- Corporate Governance and CSR
- CSR for Leadership
- Applications of CSR
- Activating CSR
- Evaluating CSR
- Internal Standards for CSR
- CSR in Global Context
- CSR for Not for Profits (NFP) and Non-government Organizations (NGO)
Course Learning Outcomes
At the completion of this course, students should be able to
- Analyze the scope and complexity of the concept of corporate social responsibility (CSR)
- Understand the multi-stakeholder perspective in analyzing CSR issues
- Evaluate the impact of CSR on corporate strategy
- Compare systematically the contemporary social and environmental issues and how their complexity impacts the decision-making process of organizational leaders
- Evaluate the level of commitment to CSR of various organizations and explain how it can be a source of competitive advantage
- Gain an understanding of sustainability and the future of CSR