Question

What are specific examples of Corporate Social Responsibility maximizing profits? (ex: market share, shareholder value)

What are specific examples of Corporate Social Responsibility maximizing profits? (ex: market share, shareholder value)

Homework Answers

Answer #1

Specific examples of corporate social responsibility can be-

1. Investment in projects which are focused at finding a vaccine for coronavirus and introduction of relief package to improve the brand value.

2. Investment in projects which are intended towards betterment of the employee of the company to improve the employee contribution by motivating them.

3. Contribution to charitable organisations to gain from tax advantages.

4. Contribution to social awareness schemes which inturns improve brand reputation of the company.

5 . Improvement in projects which are focused at making a better and greener environment to avoid litigation related issues.

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