Business Culture and Corporate Social Responsibility: An Analysis in the Light of Catholic Social Teaching with an Application to Whistle‐Blowing

Alves, Adilson Francelino; Booth, Philip; Fryzeł, Barbara

doi:10.1111/heyj.12331

Cited by 3 publications

(4 citation statements)

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“…Caritas in veritate touched on this (see paragraph 45, referred to above). However, it could be argued that Catholic social teaching could emphasize the importance of the virtues in creating an ethical culture more forcefully (Alves et al 2019).…”

Section: Catholic Social Teaching and Business In The Post-second-wor...mentioning

confidence: 99%

Virtues, Vices and the Responsibilities of Business: An Application of Catholic Social Teaching to the Problems of Corruption and Lobbying

Alves

Booth

2022

Religions

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This paper examines the development of Catholic social thought and teaching on the responsibilities of business. It begins with a natural law and Thomistic framework and shows how the general principles are applied to practical situations, firstly in the work of the late scholastics and, secondly, through the social encyclical tradition. Changes in emphasis are noted in the post-war period. The paper also explores how the challenges of corruption and lobbying have been viewed in the tradition. Despite mention of these topics by Pope Francis, we conclude that they are under-explored areas. As such, we set out a framework for consideration of these topics using the approach presented in the earlier part of the paper.

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Section: Catholic Social Teaching and Business In The Post-second-wor...mentioning

confidence: 99%

Virtues, Vices and the Responsibilities of Business: An Application of Catholic Social Teaching to the Problems of Corruption and Lobbying

Alves

Booth

2022

Religions

Self Cite

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“…In line with this and adopting a CST perspective, Azevedo et al. (2019) note that a combination of personal ethical behavior and management support is critical for building a genuinely ethical culture into the firm. Benedict XVI (2007: #4) once said that “just structures (…) neither arise nor function without a moral consensus in society on fundamental values, and on the need to live these values with the necessary sacrifices, even if this goes against personal interest”.…”

Section: Introductionmentioning

confidence: 95%

“…Azevedo et al. (2019, pp. 609, 610) suggest that the corporate encouragement of whistle‐blowing (applied in our case to conflicts of interest with clients and incentive policy) would help create an ethical culture and send a signal to all employees that unethical behavior is intolerable.…”

Section: Introductionmentioning

confidence: 99%

“…Nevertheless, Azevedo et al. (2019, p. 605), when analyzing the CST, recall that every economic decision has a moral consequence (Benedict XVI, 2009: #37), and conclude that “there is a moral and ethical obligation on all participants in economic activity –including business organizations– to play a role in shaping a culture that helps others to choose the good and that this should be an important aspect of corporate social responsibility”.…”

Section: Introductionmentioning

confidence: 99%

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How financial institutions can serve the common good of society: Insights from Catholic Social Teaching

Guitián

2021

Business Ethics Env & Resp

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This article addresses the service of financial companies to society from the perspective of the Catholic Social Teaching (hereinafter CST), specifically regarding conflicts of interest between banks and their customers. The article begins with a case based on interviews with professionals in the financial sector, which provides the context for the CST’s contribution. The analysis of the aforementioned conflicts points to an apparent disconnect between service to society and service to customers. Thus, the bank would set aside the customer’s interests in exchange for a better service to society through good results. This article presents the CST’s normative framework to analyze this matter through some of the CST’s principles: the centrality of the person, the respect for her dignity, and the orientation to the common good. These principles and the CST’s ethical concept of service provide guidance in assessing these conflicts of interest. From an ethical point of view and according to CST, there cannot be a true service to society if the dignity of the client is not respected. It is necessary to review the organization’s incentive policy and level of awareness about the importance of customer service. We end with recommendations related to conflicts of interest with clients.

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Assessment of factors that ensure inclusion of fishing industry in corporate social responsibility

Владимировна¹,

Павлович²,

Валерьевна³

2021

Теоретическая И Прикладная Экономика

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The goal of this research consists in systematization and classification of the key factors that affect the inclusion of fishing industry in corporate social responsibility. One of the instruments of building balanced mechanisms of interaction between society, business and the government may become the implementation of the principles of corporate social responsibility in the activity of Russian companies. The subject of this article is the corporate social responsibility (CSR), a policy used in entrepreneurship for achieving sustainable indicators of economic development and improving the quality of life of the Russian population. It is of crucial importance for ensuring positive dynamics of the growth of production and demographic potential of the Far East, as in most coastal regions fisheries industry remains the city-forming enterprises. The scientific novelty lies in providing the original systematization of the factors of inclusion business in CSR. The author proves that the transformation of economic outcomes into social value takes place under the influence of certain factors. In order to substantiate such conclusion, the author assesses the significance of these factors for future specialists in fishing industry of the Far East via extensive sociological survey of the senior students of Far Eastern State Technical Fisheries University. The conducted analysis indicates that most considerable factors for the future employees of business structures are the scale and sphere of activity (64% and 54%), reputation and level of corporate culture (59% and 54%).

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Business Culture and Corporate Social Responsibility: An Analysis in the Light of Catholic Social Teaching with an Application to Whistle‐Blowing

Cited by 3 publications

References 39 publications

Virtues, Vices and the Responsibilities of Business: An Application of Catholic Social Teaching to the Problems of Corruption and Lobbying

Virtues, Vices and the Responsibilities of Business: An Application of Catholic Social Teaching to the Problems of Corruption and Lobbying

How financial institutions can serve the common good of society: Insights from Catholic Social Teaching

Assessment of factors that ensure inclusion of fishing industry in corporate social responsibility

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