| Literature DB >> 36212627 |
Premilla D'Cruz1, Shuili Du2, Ernesto Noronha1, K Praveen Parboteeah3, Hannah Trittin-Ulbrich4, Glen Whelan5.
Abstract
To commemorate 40 years since the founding of the Journal of Business Ethics, the editors in chief of the journal have invited the editors to provide commentaries on the future of business ethics. This essay comprises a selection of commentaries aimed at creating dialogue around the theme Technology, Megatrends and Work. Of all the profound changes in business, technology is perhaps the most ubiquitous. There is not a facet of our lives unaffected by internet technologies and artificial intelligence. The Journal of Business Ethics established a dedicated section that focuses on Technology and Business Ethics, yet issues related to this phenomenon run right through all the sections. Kirsten Martin, editor of the Technology and Business Ethics section, joins our interim social media editor, Hannah Trittin-UIbrich, to advance a human-centric approach to the development and application of digital technologies that places Business Ethics at centre of the analysis. For Shuili Du, technology is the defining condition for a new era of Corporate Social Responsibility-CSR 3.0-which she defines as "a company's socially responsible strategies and practices that deal with key ethical and socio-technical issues associated with AI and related technologies on the one hand and leverage the power of AI and related technologies to tackle social and environmental problems on the other hand." It is not just technologies that are a determining feature of our lives but technology companies, an argument made by Glen Whelan as he examines Big Business and the need for a Big Business Ethics as we try to understand the impact of Big Tech on our post-work world. Indeed, as noted by Ernesto Noronha and Premilla D'Cruz, megatrends in addition to advancement in technologies, namely globalization, the greening of economies, and changes in demographics and migration, are shaping the future for workers in ways previously unimaginable. Contributing to this important debate, Praveen Parboteeah considers the influence of another longstanding but oft overlooked megatrend, the role of religion in the workplace. Given the enormity of the influence of technology and other megatrends in our world, it is not surprising that this essay introduces ground-breaking ideas that speak to the future of business ethics research.Entities:
Keywords: Accountability; Artificial intelligence; Big business; Corporate social responsibility; Demographic challenge; Digital technology; Ecosystem; Global production networks; Just transition; Platforms; Post-work; Religion; Robots
Year: 2022 PMID: 36212627 PMCID: PMC9527717 DOI: 10.1007/s10551-022-05240-9
Source DB: PubMed Journal: J Bus Ethics ISSN: 0167-4544
Evolution of CSR
| CSR 1.0 | CSR 2.0 | CSR 3.0 | |
|---|---|---|---|
| Timeline | Prior to 2000 | 2000—2020 | 2020—forward |
| Fundamental premises | Business and social interests are contradictory; | Business and social interests are interdependent; | Business, society and technology as interdependent; |
| Defining characteristics of CSR practices | Companies engage in CSR due to moral considerations or stakeholder pressure; CSR practices are reactive, ad hoc, short-term-oriented and disconnected from business strategy; CSR functions as a public relations tactic to garner community goodwill | Companies engage in CSR because it is not only the “right thing”, but also the “smart thing” to do; CSR practices are proactive, systematic, long-term-oriented and aligned with business strategy; CSR functions as an integral part of business strategy and creates joint social and business value | A broadened conceptualization of CSR by encompassing an element of technological social responsibility; companies use CSR principles to address the ethical and socio-technical issues of AI and related technologies; companies leverage the power of AI to tackle complex social and environmental problems |
| Stream of literature | Friedman ( | Sen & Bhattacharya ( | Du & Xie ( |
| Triggering events for the evolution of CSR | Exxon Valdez oil spill in 1989; Nike sweatshop scandal in 1990s; Greenpeace protests, in 1995, of Shell Oil’s decision to sink the Brent Spar, an obsolete oil rig, at sea | UN Global Compact launched in 2000, encouraging businesses to adopt socially responsible policies; Enron scandal in 2001; 2007 Great Recession; public awareness of climate change; increasing stakeholder expectations of businesses | Facebook–Cambridge Analytica data breach in 2018; growing disillusion with the exploitative nature of smart technologies; EU (European Union) General Data Protection Regulation (GDPR) in 2018; Apple rolled out new privacy protection measures in 2021 |
Fig. 1Three Levels of CSR Research in the Age of AI