Corporate behaviour

However, corporate behaviour is able to fix this issue by allowing managers to empower their employees as they are the ones who are able to make a change.

Positive corporate behaviour can result in employees feeling happy and content at work providing their best outcome.

[6] Political factors such as property rights, the rule of law and the status of governments influence corporate and economic landscapes.

This would affect corporate behaviour as business teams would be short of skills and ideas in order to operate effectively.

[7][8][9] According to the 2013 National Business Ethics Survey of the US workforce, economy and misconduct are not interdependent, which was the traditional view.

Where social issues are shared by many companies across multiple industries, it may often be addressed most effectively through cooperative models and initiatives.

This helps to strengthen the corporate behaviour within a firm and reduces the need for stakeholders to demand change.

[11][12] With the various factors affecting society and economy in modern times, stakeholders are increasingly showing an interest in Corporate Social Responsibility (CSR).

Strategic CSR is also considered a marketing strategy and therefor a potential source of competitive advantage.