Describe the strategic model of corporate social responsibility; • Explain how sustainability has become a strategic social responsibility for business.

L E A R N I N G O B J E C T I V E S

• Explain and review the utilitarian and rights-based justifications for the eco- nomic model of corporate social responsibility;

• Explain how the economic model is extended and developed through a moral minimum;

• Describe the stakeholder model of corporate social responsibility;

• Explain the ethical foundations of the stakeholder model; • Describe the philanthropic model of corporate social responsibility;

Corporate Social Responsibility 49

• Describe the strategic model of corporate social responsibility; • Explain how sustainability has become a strategic social responsibility for business.