Corporations are the dominant social institution of our day. It is an institution created by the...

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Psychology

Corporations are the dominant social institution of our day. Itis an institution created by the ideology of the classical model ofCorporation Social Responsibility (CSR). Provide your own critiqueof the classical/economic model of Corporation SocialResponsibility (CSR). Be sure to include reference to the ethicalframeworks such as strategic sustainability model and economicmodel.

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Classical Model of CSR James Brummer was the founder of CSR theorey we can understand the CSR functions of specific corporation more elaborately by the explaination of this Model According to this model our society is benifitted by variety of institutionsand each and every institution has a particular function The main function of corporation must be economic rather than social So according to this model the main target of the corporation should be earning a high amount of profit Not only that this model also stated that managers need to keep the advantages for shareholders without breaking any lawsOsuji 2011 The another main Component of this theorey is Methodological IndividualismAccording to this model the individual person is the main center of a system As we all know everybody wants their own satisfaction So according to this theorey the effort of individual can bring more profits and economical See Answer

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