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Business Ethics, Governance and Social Responsibility - Assignment Example

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Business Ethics, Governance and Social Responsibility

36). Moreover, corporate social responsibility has over the decades become a prominent cornerstone for most institutions of the world (Valenti et al., 2014, p. 1). Corporate social responsibility has recently been viewed as one of the fundamental practices that have contributed to the success of most organizations of the world (Lindgreen et al., 2009, p.14). Different scholars have argued that there is no single organization that can achieve its goals and objectives without practicing proper business ethics, proper corporate governance and properly implementing corporate social responsibility (CSR). Further, it is through corporate governance that proper business ethics and corporate social responsibilities are implemented in a company.
Over the decades, Boeing has grown to be one of the largest automobile manufacturers of the world. It has also grown to be one of the best companies globally. The company has provided employment for more than one hundred and sixty eight thousand four hundred American citizens. The company has a good track of corporate governance and leadership since it was founded in 1916. Recently, Boeing Company won an award in 2012 following its continued interest in building better communities of the world. Nevertheless, one of the core values of Boeing Company is to do business with the highest possible ethical standards while at the same time honoring all of its commitments to its shareholders. Boeing management is mandated to treat all of its customers with fairness, trust and respect.
Not long ago, Boeing was forced to fire two of its executive officers when the company was found in possession of documents that belonged to one of its competitors and were to be used in favor of winning a contract from the government. The two employees strongly violated the company’s code of conduct and this highly damaged the ...Show more
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Summary

Over the recent past, most business organizations of the world have directed their efforts towards uplifting the business ethics of the company, corporate governance as well as the corporate social responsibility. In an organizational set up, business ethics refers to a certain…
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