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Corporate Social Responsibility in the West (U.S. and West Europe) vs. East (China)

Corporate Social Responsibility in the West (U.S. and West Europe) vs. East (China)
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Author(s): Ruth Wolf (Bar Ilan University, Israel)
Copyright: 2015
Pages: 15
Source title: Business Law and Ethics: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-4666-8195-8.ch057

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Abstract

This chapter explains why Corporate Social Responsibility (CSR) is not widespread in some of countries, such as China, and how little effort towards CSR can create problems regarding a country's ability to trade with other countries that have national CSR policies and regulations. The chapter shows the strengths of organizations through the point of view of ethical social responsibility that actualizes itself in CSR. There is no doubt that the contribution to a community regarding the community's social, economic, and natural environment is impacted by different factors. A community is impacted by national policies as well as by the social perspectives and practices that exist in that nation. This chapter highlights the need to revive ethical values in the fields of society, economics, and the natural environment in correlation with the social and cultural norms in each given country.

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