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Select any case from the link below and follow the instruction below...
https://www.scu.edu/ethics/focus-areas/business-ethics/resources/cases/
Discuss this case using the following Corporate Social
Responsibility approaches:
Stakeholder Theory
Corporate Citizenship
Corporate Social Performance
Legal, Economic, Moral and Social responsibilities.
Ethics and Corporate Social Responsibility
Name
Institution/Affiliation
The banking industry has a few dominant
figures, for example, Wells Fargo, an enterprise that has for long proven to be
the bank of choice for many, its success has been depicted by the highest
returns on equity as well as strong stock prices. However, in September 2016,
the company was faced with a major corporate scandal where it had to pay fines
totaling to over $180 million due to the creation of fake accounts that had no
customer authorization (Conti-Brown, 2017). This revealed the tough
organizational management structures that resulted in employees being pressured
to meet unrealistic targets concerning the sales quotas. Further, employees
were subjected to pressure by their supervisor to take part in unethical
behavior, so that to earn various bonuses. The scandal that has encountered and
hampered the business operation as Wells Fargo can be credited as a valuable
lesson on corporates concerning the effects of running businesses unethically.
Stakeholder theory
This theory suggests that stakeholders to a particular company are those individuals that are culpable and vulnerable to the company dealings and...