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1、WorkingPaperWP-878September,2010CORPORATESOCIALRESPONSIBILITYINTHEENCYCLICAL“CARITASINVERITATE”AntonioArgandoñaIESEBusinessSchool–UniversityofNavarraAv.Pearson,21–08034Barcelona,Spain.Phone:(+34)932534200Fax:(+34)932534343CaminodelCerrodelÁguila,3(Ctra.deCastilla,km5,180)–28023Madri
2、d,Spain.Phone:(+34)913570809Fax:(+34)913572913Copyright©2010IESEBusinessSchool.IESEBusinessSchool-UniversityofNavarra-1CORPORATESOCIALRESPONSIBILITYINTHEENCYCLICAL“CARITASINVERITATE”1AntonioArgandoñaAbstractTheencyclical“CaritasinVeritate”containsonlytwoparagraphsthatrefer,almostinp
3、assing,toCorporateSocialResponsibility(CSR).Nevertheless,theencyclicalisfullofsuggestionsandideasabouthowBenedictXVIseesCSR:asanaturalethicalresponsibility(butnotjustanyethicissuitablefordeterminingtheseresponsibilities),whichdoesnotcomefromabstractprinciples,norislimitedtomanagemen
4、tskills;whichderivesfromtheobjectiveorpurposeofthecompanyanditsroleinsociety;whichisbasedinjusticeandcharity;isvoluntary;focusesonthehumanperson;isnotidentifiedwithsocialactionorphilanthropy;andwhichisverydemandingforthoseleaderswhowishtoputitintopractice..Keywords:socialresponsibil
5、ity,ethicalresponsibility,catholicsocialdoctrine,theroleoffirms.NOTE:PresentedtotheInternationalConference“FreeMarketsandtheCultureofCommonGood,”PontificalUniversityoftheHolyCross.Rome,October15-16,2010.1ProfessorofEconomics,"laCaixa"ChairofCorporateSocialResponsibilityandCorporateG
6、overnance,IESEIESEBusinessSchool-UniversityofNavarraCORPORATESOCIALRESPONSIBILITYINTHEENCYCLICAL“CARITASINVERITATE”IntroductionTheencyclical“CaritasinVeritate”(CV)containsascanttwoallusionstocorporatesocial1responsibility(CSR).Inno.40,afterreferringtothefreedomenjoyedbybusinessowner
7、sandmanagersinchoosingtheirinvestmentsandthelocationoftheirbusinesses,andtothedangersthisentailsforthepropermoralfunctioningofcompanies,BenedictXVIaddsthat“thereisalsoincreasingawarenessoftheneedforgreatersocialresponsibilityonthepartofbusiness.Eveniftheethicalconsiderationsthatcurr
8、entlyinformdebateon