As a field of business, business and society (which includes
the topic of corporate social responsibility (CSR)) can be viewed as falling
within the rubric of the environment of business. Business and government can
as well. Indeed, the environment goes beyond stakeholders. Although sometimes
deemed as falling within this rubric, business ethics actually does not, as it
is internal to a business even as unethical policies and decisions can impact
stakeholders. In fact, business ethics and business and society are two
distinct fields, even though they share a common border and are often fused as
if they were one seamless country.
The full essay is at "Business & Society and Business Ethics."