Presenter Information

Dina Siniora, MBA

Abstract

The challenge for the health care sector is to continually explore ways to ensure that the welfares of individual patients remain the utmost primacy and simultaneously promote health care equity via corporate socially responsible activities (CSR). There is an essential need to truly embrace CSR and ethical principles that would promote equal distribution of health care resources. Relevant CSR activities would be achieved by making the most significant health problems in a given society a priority of health care organizations. CSR in health care applied to hospitals and pharmaceutical companies should promote shared values and common ethical principles in new patterns of hospital governance. In the health care context, social responsibility has a broader field of involvement including issues related to human rights, gender equality, child labor, and the environment. The health care sector is rigorously anticipated to behave ethically and deliver treatments for all individuals. As such, it is under very tight pressures from policymakers and the public at large. Health care managers, in essence, form the structure and managerial support that makes the day-to-day activities of health care attainable. They also tend to form the ethical norms for corporations. They must have a broad understanding of a number of business values and ethical principles. They need to acknowledge their dual role of serving the patients and communities and making a profit. The importance of CSR is well recognized in the health care sector. CSR and organizational ethics are essential to regain vanished confidence of the local and international communities and win back the admiration of skeptical patients and doubting communities. Therefore, health care organizations have to have a renewed commitment to ethics.

School

McAnulty College and Graduate School of Liberal Arts; A. J. Palumbo School of Business Administration and John F. Donahue Graduate School of Business

Advisor

Dr. Gerard Magill

Submission Type

Paper

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Corporate Social Responsibility in the Health Care Sector

The challenge for the health care sector is to continually explore ways to ensure that the welfares of individual patients remain the utmost primacy and simultaneously promote health care equity via corporate socially responsible activities (CSR). There is an essential need to truly embrace CSR and ethical principles that would promote equal distribution of health care resources. Relevant CSR activities would be achieved by making the most significant health problems in a given society a priority of health care organizations. CSR in health care applied to hospitals and pharmaceutical companies should promote shared values and common ethical principles in new patterns of hospital governance. In the health care context, social responsibility has a broader field of involvement including issues related to human rights, gender equality, child labor, and the environment. The health care sector is rigorously anticipated to behave ethically and deliver treatments for all individuals. As such, it is under very tight pressures from policymakers and the public at large. Health care managers, in essence, form the structure and managerial support that makes the day-to-day activities of health care attainable. They also tend to form the ethical norms for corporations. They must have a broad understanding of a number of business values and ethical principles. They need to acknowledge their dual role of serving the patients and communities and making a profit. The importance of CSR is well recognized in the health care sector. CSR and organizational ethics are essential to regain vanished confidence of the local and international communities and win back the admiration of skeptical patients and doubting communities. Therefore, health care organizations have to have a renewed commitment to ethics.