CSR in Japan: The Influence of Japanese Business Ethics
Much lauded in the 1970s and 1980s, Japanese corporations are finding their reputation for the superiority of their management practices increasingly challenged – externally by the emergence of rival industrial powers in the Asian region and internally by the economic stagnation that has continued since the late 1990s.
Coming at this time, many bus.
Koki: Stewardship as Legitimation
Within the concept of koki, the corporation is seen to be a public vehicle (institution) with responsibilities to society as the owner of the resources that it requires in the course of its business.
Corporations are said to have stewardship responsibilities toward society for these resources, and their actions and contributions toward social bette.
Kyosei and Responsible Globalization
The strong corporate loyalty in employees and long-term commitment to and from trading partners have long been seen as traditional virtues in Japanese business.
However, Wokutch and Shepard (1999) have argued that at times this focus on loyalty has given rise to a “micro moral unity” by which corporations give precedence to the interest of narrowly.
Kyosei in The Caux Round Table Principles
Three years after the Keidanren Charter, the Caux Round Table similarly positioned Kyosei as a key ideal for the ethical conduct of business in 1994 in their “Caux Round Table Principles for Business.” The inclusion of Kyosei into the principles is attributed to Kaku Ryuzaburo, then Chairman of the Canon Corporation, who had refined the concept and.
Kyosei: Performance as Justification
According to the principle of kyosei, the duty of a business is to enhance the well-being of society.
In contrast to the process base of sanpoyoshi, kyoseican be characterized as being a performance-based justification of business whereby a corporation is justified by the extent to which it generates social value and general benefits in the interes.
Sanpoyoshi: Process as Validation
Sanpoyoshi is essentially a formula for the validation of profit taking by the implementation of good business practices that enable corporations to avoid transactions that would cause disadvantage to those involved either directly or indirectly.
Sanpoyoshihas been used in Japan as the philosophical basis for a highly pragmatic, corporate-centric a.
The “Keidanren Charter”
The Keidanren (the Japanese Federation of Economic Organisations – Japan’s largest and most influential business association) positioned kyosei as a key concept when it formulated its first “Corporate Charter for Good Corporate Behavior” in 1991.
The charter was established to promote responsible and ethical business among the members of the Keidan.