Question

"Successful business are also good corporate citizens" critically evaluate this statement by discussing arguments for and against this claim

Answer 1

“Corporate citizenship involves the social responsibility of businesses and the extent to which they meet legal, ethical, and economic responsibilities, as established by shareholders.”

Being a good corporate citizen is not a “nice to have.” To remain a responsible, competitive, and profitable company, it’s a “must have.”

A good corporate citizen means being guided by strong moral and ethical standards in daily interactions with customers, shareholders, and employees. That includes carefully balancing shareholders’ needs with those of the community and always considering the environmental impact of business operations