Ethical Phases of American Corporations: Are We Making Progress?

Abstract

A review of the history of American Corporate Social Responsibility (CSR) with comments on the phases and models with supporting rationale of each is provided in tandem with a discussion of the major supporting authors of each perspective. The entrance to a new era is suggested with evidence from behavioral, demographic, economic, political and spiritual disciplines provided. New data from generational studies conducted by leading accounting firms is shared and utilized to draw conclusions. Additional data is provided by annual surveys of business regarding ethical practices and conditions. A discussion of the implications to business concludes the article.