The main paper question is: Are there any overlapping elements between the pragmatic concept of Corporate Social Responsibility and the more ideological notion of business ethics? The limited way in which the concept of Corporate Social Responsibility is interpreted by businesses and academicians does not contribute much to the overall understanding regarding business ethics (May, Cheney & Roper 2007, p. 8). In that context, the concept of Corporate Social Responsibility turns out to be a merely new way of referring to business-society relations. Thereby to facilitate a confluence between Corporate Responsibility the companies and businesses need to take a broader view of Corporate Social Responsibility (McManus & Webley 2013, p.
32). In that context coming out with a definition of Corporate Social Responsibility that takes the notions of ethics in its ambit is becoming more of a challenge. The businesses are increasingly viewing the statutory provisions regarding Corporate Social Responsibility as a compromising of their capacity to act while the governments around the world feel that the corporations are not doing enough to take care of their responsibilities that within the ambit of Corporate Social Responsibility.
The debate over a viable definition of the Corporate Social Responsibility began at the beginning of the 20th century and the businesses are still vague about a definition of Corporate Social Responsibility that is considerate of ethical obligations. In a saner perspective, Corporate Social Responsibility pertains to a commitment on the part of the businesses to act in a more ethical manner, and to add to the economic development in the societies and communities they operate in while bettering the quality of of their workers and the communities and societies in which they operate (Skare & Golja 2013).
Hence Corporate Social Responsibility is an obligation that the businesses are expected to take care of in the environments in which they operate and function. Corporate Social Responsibility is about a responsible and ethical way of doing business.
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