The institution-based view says that a code of conduct is a good start towards developing CSR because, despite its weaknesses, it is still a move in a good direction.

Question

Quizplus · Accepted Answer

The statement accurately reflects the institution-based view, which acknowledges that a code of conduct may have weaknesses but still sees it as a positive step towards implementing CSR practices. The institution-based view acknowledges that a code of conduct is not sufficient for full CSR implementation, but it still recognizes it as a positive step towards increasing ethical behavior in organizations. Therefore, the statement is true.

The Institution-Based View Says That a Code of Conduct Is