S.1.5 Org. Responsibility & Legitimacy Flashcards

1
Q

In normative ethics

A

business is generally understood as being related to the rules and/or cultural norms that govern, or should govern, organizational conduct.

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2
Q

Greenwashing

A

is the term that has been coined for espousing the rhetoric of CSR while minimizing its practice.

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3
Q

Corporate greening

A

involves adopting green principles and practices in as many facets of the business as it is possible to do.

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4
Q

Corporate social responsibility (CSR):

A

When an organization exceeds the minimum legal obligations to stakeholders specified through regulation and corporate governance.

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5
Q

Triple bottom line

A

People, planet, profit

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6
Q

Institutions

A

rules and expectations that are taken for granted and treated like “facts”.

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7
Q

Legitimacy

A

A “generalized perception or assumption that the actions of an entity are desirable, proper or appropriate within some socially constructed system of norms, values, beliefs, and definitions”.

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8
Q

Isomorphic adaptation:

A

Changing organizational practices to fulfill societal expectations.

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9
Q

Mechanisms of isomorphism

A
  • Coercive isomorphism (by force): Pressure from law, regulations, or powerful stakeholders
  • Mimetic isomorphism: Looking at other organizations to learn what to do
  • Normative isomorphism: Employing members of the same professions with shared values
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10
Q

Strategic manipulation:

A

Adjusting societal expectations and perceptions to organizational practices.

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11
Q

Decoupling

A

Simultaneously achieving both legitimacy and

efficiency.

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12
Q

Moral reasoning:

A

Iterative alignment of organizational practices and stakeholder expectations.

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13
Q

Modes of stakeholder communication

A
  • Information strategy
  • Response strategy
  • Involvment strategy
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