What should communities stipulate in their (macro)social contract with business? Updated CSR commandments for corporations

What should communities stipulate in their (macro)social contract with business? Updated CSR commandments for corporations

This article relies on two major business ethics books to
propose a decalogue of corporate behavior. Notably,
both Donaldson and Dunfee's Ties That Bind (1999) and
Kerr et al.'s CSR: A Legal Analysis (2009) tried to avoid
the sinuous and inconclusive normative quest for hypernorms of business social responsibility: the former proposed an integrated social contract between business
and community, while the latter adopted a positivist
approach, looking at existing law of all sorts, national
and international, to decant eight principles of CSR.
Using a methodological tool from the first book, namely,
the macrosocial contract between business and communities, this article updates the list proposed in the second
book. As societal expectations evolve in time, emerging
principles are included in the amended list, such as
meeting tax obligations, refraining from taking advantage of disaster-struck communities, and prioritizing the
human in the age of artificial intelligence. The mixed
approach (ethical, contractarian, and positivist) allows
introducing the 10 principles as “commandments”: initial reasonable content of a macrosocial for business,
informed by undisputed ethical principles (hypernorms)
and potentially implemented through positive law.