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This paper from the AIBUMA Conference 2014, presented by Prof. Evans Aosa, explores the crucial intersection of business ethics, corporate social responsibility (CSR), and sustainable growth. It emphasizes the importance of ethical behavior in building trust among stakeholders and outlines frameworks for effective governance. Key discussions include environmental dependencies, the role of individual vs. corporate ethics, and strategies for resource utilization. By fostering a culture of honesty and integrity, organizations can enhance their governance and ultimately drive sustainable growth.
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Business Ethics and Corporate Social Responsibility: The Way Forward for OrganizationsBy Prof. Evans AosaAIBUMA Conference 2014University of Nairobi, School of Business July 11, 2014
1.1. Business Ethics • What is right or wrong • Doing the right thing • Individual vs corporate (CSR)
2. Environment Dependence • Input dependence • Output dependence • Managing customers • Managing other stakeholders
3. Ethics, Governance and Growth • Ethical behaviour builds trust in managers and their institutions • Trust is at the heart of good governance • Good governance promotes sustainable growth
4. Governance, Honesty and Integrity • Utilization of resources • Influence on standard of living • Honesty and living standards