How does a CEO promote ethics and social responsibility through their leadership and strategies?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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How does a CEO promote ethics and social responsibility through their leadership and strategies?

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People are held accountable for completing their civic duties under social responsibility, and their acts must help society overall. In this sense, there must be a balance between economic progress and societal and environmental well-being. If this balance is achieved, social responsibility is attained. The notion of social responsibility is based on an ethical framework in which decisions and acts must be morally verified before they are carried out. If the action or choice has a negative impact on society or the environment, it is deemed socially negligent. Corporations have established a social responsibility framework that is adapted to their own organizational environment. Maintaining social responsibility inside a firm protects societal values and the environment's authenticity. 

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