StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Moral Corporation - Personal Statement Example

Cite this document
Summary
The notion ‘moral corporation’ refers to the situation when an organization or a public corporation exercises a duty or obligation towards its stakeholders and other groups in the society while conducting its business…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.2% of users find it useful
Moral Corporation
Read Text Preview

Extract of sample "Moral Corporation"

Download file to see previous pages

Moral Corporation Since every organization operates in a given community, it is important for it to pay back to the community for allowing it to run its business in the community. An organization may not be able to achieve its objectives without the involvement of the members of the society. It is, therefore, necessary that the company should take care of the interests of the society as it does with its own objectives. That is a moral corporation. An organization’s stakeholders are the key success drivers.

Therefore, behaving morally towards them will give a company a good image which will motivate the stakeholders to work harder to achieve the organization’s objectives. The practice shows that companies which show moral responsibility towards its stakeholders perform better than those who do not. This is because a morally responsible organization attracts better human capital and increases the cooperation of the stakeholders in executing the company’s operations. In order for a company to exercise a moral social responsibility successfully, it needs to establish a Corporate Social Responsibility Program which will ensure that the needs of all stakeholders as well as the welfare of the society are well taken care of by the company.

Moral responsibility concerns an organization’s behavior towards the society as well. It means that the company should behave ethically towards the members of the community within which it conducts its business. First of all, it should be responsible for its actions. Morally responsible organizations ensure that their operations are not only in line with the law, but also responsive to the welfare needs of the society at large. Appropriate mechanisms need to be put in place in order for companies to contribute towards a sustainable working environment and economic development.

One of the ways to take care of the needs and welfare of the society is environmental conservation. Organizations in such industries as oil, automobile, and mining have a great impact on the environment by their activities. In order for such businesses to contribute to a sustainable development, they should use approaches which are able to minimize the negative impact on the environment. A profit oriented business should operate in a sustainable environment where business operations can be undertaken smoothly without major challenges.

Therefore, every organization that is determined to achieve its primary objectives should take care of the environment by minimizing negative impacts on it. Oil, automobile industries among others often contribute to environmental pollution and cause greenhouse effects which are dangerous to human life and affect the climate. If human life is threatened and the climate is affected, the economic conditions of a country will be affected negatively and business environment will also be negated. In this case, the profitability of the business will decrease in the long run.

Therefore, organizations must maintain a good green environment for the success of their businesses. Mining also leads to environmental degradation and pollution. This may make land unproductive and threaten human and animal life. This also leads to the unsustainable development which results in poor performance of organizations in the long run. Such businesses should, therefore, ensure that they always behave responsively towards the community by undertaking environmental-friendly or green operations.

Another way by which an organization may demonstrate

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Moral Corporation Personal Statement Example | Topics and Well Written Essays - 750 words”, n.d.)
Moral Corporation Personal Statement Example | Topics and Well Written Essays - 750 words. Retrieved from https://studentshare.org/business/1476643-moral-corporation
(Moral Corporation Personal Statement Example | Topics and Well Written Essays - 750 Words)
Moral Corporation Personal Statement Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/business/1476643-moral-corporation.
“Moral Corporation Personal Statement Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/business/1476643-moral-corporation.
  • Cited: 1 times

CHECK THESE SAMPLES OF Moral Corporation

Moral Corporation Development

A number of scholars have published articles on the possibility of developing a Moral Corporation.... Stone's, “The Culture of the Corporation” suggests that developing a Moral Corporation requires changing attitudes and looking closely at values.... hellip; Develop a position for the development of a moral corporate culture and map out a specific plan for achieving a Moral Corporation.... Moral Corporation is developed via orporate responsibility and the environment....
8 Pages (2000 words) Essay

Business Ethics

I, in this paper, discuss my understanding of a Moral Corporation by defining it and explaining my understanding about it.... I, in this paper, discuss my understanding of a Moral Corporation by defining it and explaining my understanding about it.... My Strategy to Define a Moral Corporation I understand a Moral Corporation as an institution that is morally sensitive and operates in such a way that its decisions and actions are ethical....
3 Pages (750 words) Personal Statement

The Handbook of International Corporate Governance

Moral Corporation is developed via corporate responsibility and the environment.... There is a wide possibility of developing a Moral Corporation; this requires looking closely at values and changing attitudes (Anne-Marie, 2003).... Disagreements hence rise on plans for developing a Moral Corporation.... In order to develop a Moral Corporation, such corporations need to admit that protection of the environment is important, whether they are acting out of a sense of responsibility or out of a sense of self-preservation for the future generation, for to the Earth itself or to all the forms of life....
9 Pages (2250 words) Case Study

Corporations can never be moral entities

The prime theme of this essay “Corporations can never be moral entities” is to describe a brief understanding over the concept of corporate responsibility.... It also focuses on the fact that for what reasons an organization might never become a moral entity.... It also focuses on the fact that for what reasons an organization might never become a moral entity with the help of varied ethical theories in a vivid way.... It is mainly due to faulty principles, rules and regulations and operations that reduce its chances to become a moral entity (Crane & Matten, 2007)....
6 Pages (1500 words) Assignment

Altruistic Perspective of Spirituality

Actually, the psychoanalytic theories can not ignore the inherently moral dimensions of good life.... The paper identifies all the relevant concepts of spirituality and the concepts are compared from the perspective of multiple disciplines of psychology, biology, management and nursing....
7 Pages (1750 words) Book Report/Review

Professionalism and ethics learning portfolio

The article as mentioned above suggests the current call among law students to swear a new version of the Hippocratic Oath for lawyers following their graduation ceremony.... This move has been met with mixed reactions from the law students, lawyers, and the general public.... A… c understanding of the philosophical context to the ethical issues in the legal profession reveals that the Hippocratic Oath is being considered because it sets forth an important adage in the practice of the medical profession which can admirably set to rights the current l issues in the legal profession: “First, do no harm....
4 Pages (1000 words) Essay

Are Multinational Corporations Free from Moral Obligation

Being moral entails taking an ethical consideration regarding every event or issues that is involved in interaction of all International corporation's Position in Moral Obligation Insert Insert Grade Insert Morality refers to acting in ways that are considerate for the other party involved in the action.... One of them is that if an international corporation is working within other organizations that do not value ethical considerations, it is subjected to high competitive pressure....
2 Pages (500 words) Essay

A position for the development of a moral corporate culture

Moral Corporation's objective is to maintain the environment from any contamination and provide appropriate services to the community.... There are some particular directions that would achieve “Moral Corporation,” which are providing equal employment, eliminating discrimination, and preserving the environment.... Having a Moral Corporation is good because it gives back to the community.... This paper seeks to study why Moral Corporation and the relevance of corporate culture and ethics to Moral Corporation....
7 Pages (1750 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us