What does it mean to be a good corporate citizen

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University of Phoenix *

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RES/710 ED

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Management

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May 3, 2024

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docx

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2

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What does it mean to be a good corporate citizen? Being a good corporate citizen means that an organization fulfills their social duties and contributes to the betterment of society (Govindarajan et al., 2020). This includes activities related to the environment, society, and regulatory compliance. Being a good corporate citizen is not always easy, but the key to a successful professional experience. Organizations go through ups and downs — sometime this seems, on a continuum. Individuals can leverage emotional intelligence, resilience, focus and appreciation to enhance their corporate citizenship. Does corporate citizenship continue outside the organization for employees? Is this always a good thing? Why or why not? Certainly! Corporate citizenship extends beyond the organization and encompasses actions which impact both external stakeholders, such as customers and communities, and internal stakeholders, including employees and corporate partners (Hayama, 2022). Organizations are increasingly expected to contribute positively to society. This involves actions which benefit the broader community, environment, and other external stakeholders. Examples include philanthropic initiatives, environmental sustainability efforts, and community engagement programs. Companies which actively participate in external citizenship demonstrate their commitment to social good. These actions can enhance their reputation, attract customers, and foster goodwill in the communities where they operate. Employee Green Behaviors involve environmentally responsible actions taken by employees within the organization. For instance, reducing waste, conserving energy, and promoting sustainable practices. In summary, corporate citizenship extends beyond the organization, impacting both external and internal stakeholders. Organizations who prioritize citizenship contribute to a better society while also enhancing their own reputation and success. Do large corporations, under the auspices of corporate citizenship and corporate social responsibility, have too much influence on the public? Yes, large corporations indeed wield significant influence over various aspects of society, including the public. Corporations often engage in lobbying efforts to shape public policy and regulations (Mollers, 2022). Their financial resources allow them to support political candidates and influence election outcomes. Some large corporations own major media outlets, which can shape public opinion by controlling the narratives presented in news, entertainment, and advertising. The concentration of media ownership can limit diverse perspectives and lead to biased reporting. While corporate social responsibility initiatives aim to benefit society, they can also serve as a form of reputation management. Critics argue that CSR efforts sometimes distract from underlying issues caused by corporate practices. In summary, large corporations’ influence on the public is multifaceted. While they contribute to economic growth and innovation, their power requires scrutiny to ensure it aligns with the greater good.
References Hayama, S. (2022). SDGs Management: Analyses Based on Corporate Citizen Business Model and Creating Shared Value Model. Mollers, T. M. (2022). European Green Deal: Greenwashing and the Forgotten Good Corporate Citizen as an Investor. Colum. J. Eur. L., 28, 203. Nooyi, I. K., & Govindarajan, V. (2020). Becoming a better corporate citizen. Harvard Business Review, 98(2), 94-103. Hayama, S. (2022).
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