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CSR and Corporate Ethics Table of Contents Table of Contents 2 Introduction 4 Definition of Main Terms 4 Corporate Social Responsibility (CSR) 4 Corporate Ethics 5 Critical Arguments 5 Role of CSR in Travel and Tourism Industry 5 Role of Business Ethics in Travel and Tourism Industry 6 Benefits of Implementing CSR and business ethics in the tourism industry 7 Evaluation 8 The Link of CSR in Tourism Industry 8 The Link of Business Ethics in Tourism Industry 8 Conclusion 10 References 11 Bibliography 14 Introduction The affiliation between the business and the society has long been witnessed to be a major source of intellectual interest in this present day context.
Considering from a general standpoint, it can be affirmed that an organisation cannot flourish until and unless the environments in which it is operating are healthy. Similarly, maintaining ethics in workplace is equally important. Ethics guides an organisation to maintain moral, ecological and social consciousness within a specific organisation (Gangone & et. al., 2010). Definition of Main Terms Corporate Social Responsibility (CSR) In this competitive market, the main responsibility of the businesses has been to make money and boost shareholders’ value. In precise, corporate finance responsibility has been noted to be one of the prime objectives of businesses. However, in the previous few decades, wider corporate responsibility for the environment, local communities, working conditions and ethical practises has gained momentum. This particular notion can be related with the notion of Corporate Social Responsibility (CSR) (Rionda, 2002). ...
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