Movies’ Views on Corporate Social Responsibility Report

Exclusively available on Available only on IvyPanda® Made by Human No AI

While analyzing three speeches, which reflect the essence of the movies, it is necessary to consider some basic issues Gekko, Garfield, and Jorgenson point out. First of all, there is a need to state that according to Gekko’s worldview, it is greed, which determines a company’s success. Thus, Gekko says that “Greed, in all its forms – greed for life, for money, for love, knowledge – has marked the upward surge of mankind” (“American Rhetoric: Movie Speech,” n. d., para. 13).

Moreover, it seems that Gekko highlights the importance of unscrupulous world of wealth. In other words, one can make a conclusion that he is a supporter of the modern values; so, according to him, power and profit are recognized to be the basic issues the contemporary business is based on.

Lawrence Garfield’s ethics is mostly based on unfettered capitalism. However, one is to keep in mind that Garfield speaks about the key contrast in business ethics. Thus, he points out that the contrast between his self-interest and his moral duties in relation to others is considered to be the fundamental issue in all ethical debate.

Garfield describes the process of making money as a game; however, it seems that his emotions prevent him to be totally engaged in business. Thus, he asks “Who cares? I’ll tell ya: Me. I’m not your best friend. I’m your only friend. I don’t make anything? I’m makin’ you money” (“American Rhetoric: Movie Speech,” n. d., para. 5).

Andrew Jorgenson seems to be mostly concentrated on the importance of community and tradition. Loyalty and compassion are regarded by Jorgenson as the key variables the modern business must be based on. “Here, we build things. We don’t destroy them. Here, we care about more than the price of our stock! Here, we care about people” (“American Rhetoric: Movie Speech,” n. d., para. 8). Jorgenson wants Americans to accept and understand the true values their community has to stand for.

Generally, the speeches of three characters to the shareholders reflect the key points of corporate restructuring and corresponding ethical aspects, namely gender stereotypes, shareholder wealth maximization, and corporate takeovers.

The characters’ views on corporate social responsibility

For Gekko, Garfield, and Jorgenson corporate social responsibility is regarded differently. For instance, it is obvious that the viewpoints of all three characters reflect some of the key points of business ethics; however, the values of ethics are different. Thus, for Gekko, the major point of ethics CSR depends upon is Good vs. Bad, although he accepts Bad (greed) as a motive power of success.

Garfield’s ethics in relation to CSR is concerned with Praise vs. Blame and, probably, Right vs. Wrong. Garfield’s view is pessimistic; although he states that the prosperity people enjoy depends upon capitalism.

Jorgenson considers corporate social responsibility as a common kind of responsibility, when decisions and activities totally depend on each member of an organization. In other words, for Jorgenson Fair vs. Unfair seems to be the major issue of both – business ethics and corporate social responsibility.

The policy of corporate governance

Wall Street and Other People’s Money disclose significant breakdowns in corporate governance. Thus, it should be pointed out that it was a weak Board of Directors, which led to the company’s failure. As far as both movies depict governance in action, it is easy to analyze what basics of corporate governance caused the firm’s failure.

The concepts of business management

The movies allow us to understand the fundamental concepts of business management. Thus, Wall Street and Other People’s Money address business ethics and stakeholder management, and show us the importance of balancing the wants of each stakeholder class, while taking important strategic decisions.

References

. (n. d.). Americanrhetoric. Web.

. (n. d.). Americanrhetoric. Web.

. (n. d.). Americanrhetoric. Web.

More related papers Related Essay Examples
Cite This paper
You're welcome to use this sample in your assignment. Be sure to cite it correctly

Reference

IvyPanda. (2020, April 23). Movies' Views on Corporate Social Responsibility. https://ivypanda.com/essays/movies-views-on-corporate-social-responsibility/

Work Cited

"Movies' Views on Corporate Social Responsibility." IvyPanda, 23 Apr. 2020, ivypanda.com/essays/movies-views-on-corporate-social-responsibility/.

References

IvyPanda. (2020) 'Movies' Views on Corporate Social Responsibility'. 23 April.

References

IvyPanda. 2020. "Movies' Views on Corporate Social Responsibility." April 23, 2020. https://ivypanda.com/essays/movies-views-on-corporate-social-responsibility/.

1. IvyPanda. "Movies' Views on Corporate Social Responsibility." April 23, 2020. https://ivypanda.com/essays/movies-views-on-corporate-social-responsibility/.


Bibliography


IvyPanda. "Movies' Views on Corporate Social Responsibility." April 23, 2020. https://ivypanda.com/essays/movies-views-on-corporate-social-responsibility/.

If, for any reason, you believe that this content should not be published on our website, please request its removal.
Updated:
This academic paper example has been carefully picked, checked and refined by our editorial team.
No AI was involved: only quilified experts contributed.
You are free to use it for the following purposes:
  • To find inspiration for your paper and overcome writer’s block
  • As a source of information (ensure proper referencing)
  • As a template for you assignment
Privacy Settings

IvyPanda uses cookies and similar technologies to enhance your experience, enabling functionalities such as:

  • Basic site functions
  • Ensuring secure, safe transactions
  • Secure account login
  • Remembering account, browser, and regional preferences
  • Remembering privacy and security settings
  • Analyzing site traffic and usage
  • Personalized search, content, and recommendations
  • Displaying relevant, targeted ads on and off IvyPanda

Please refer to IvyPanda's Cookies Policy and Privacy Policy for detailed information.

Required Cookies & Technologies
Always active

Certain technologies we use are essential for critical functions such as security and site integrity, account authentication, security and privacy preferences, internal site usage and maintenance data, and ensuring the site operates correctly for browsing and transactions.

Site Customization

Cookies and similar technologies are used to enhance your experience by:

  • Remembering general and regional preferences
  • Personalizing content, search, recommendations, and offers

Some functions, such as personalized recommendations, account preferences, or localization, may not work correctly without these technologies. For more details, please refer to IvyPanda's Cookies Policy.

Personalized Advertising

To enable personalized advertising (such as interest-based ads), we may share your data with our marketing and advertising partners using cookies and other technologies. These partners may have their own information collected about you. Turning off the personalized advertising setting won't stop you from seeing IvyPanda ads, but it may make the ads you see less relevant or more repetitive.

Personalized advertising may be considered a "sale" or "sharing" of the information under California and other state privacy laws, and you may have the right to opt out. Turning off personalized advertising allows you to exercise your right to opt out. Learn more in IvyPanda's Cookies Policy and Privacy Policy.

1 / 1