Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)

Abstract

Covid 19 and The Resetting of Corporate Social Responsibility A Preview of What is Coming Next

Author(s): Lim Kim Yew

The rampaging Covid-19 pandemic raises profound questions on whether humans and corporations have done enough to prevent this catastrophe. It fundamentally challenges the rightness of our corporate social responsibility we once thought superior. Surely, many are pondering if we have brought the catastrophe upon ourselves and it is ourselves to blame. While many bemoan the devastating impact of the pandemic, we write and echo the urgency to reset our expiring knowledge on corporate social responsibility. The pandemic clearly indicates that our social responsiveness is grossly inadequate and no amount of corporate responsibility can compensate the damage corporations produce. In this paper, we argue three tectonic shifts in corporate social responsibility. We call for a more robustly responsive corporation instead of one that pays lip service to business ethics.

Get the App