STRATEGIC MODEL OF CORPORATE SOCIAL RESPONSIBILITY: SUSTAINABILITY
CHAPTER REVIEW QUESTIONS
1. Explain the connection between the economic model of corporate social responsibility and “free market” or “neoclassical” economic theory.
2. What are the two ethical justifi cations for the economic model of corporate social responsibility? What are the most signifi cant challenges facing these justifi cations?
3. Explain the philanthropic model of corporate social responsibility. To what degree do you think it differs from the economic model?
4. How does the modifi ed version of the economic model with its notion of a “moral minimum” differ from the economic model of corporate social responsibility?
5. Explain the stakeholder theory of corporate social responsibility, its ethical rationale, and two challenges to it.
6. How does the stakeholder emphasis of the creation of stakeholder value differ from the economic model?
7. Why is sustainability a strategic goal for business?
