Question

Summarize the Corporate Social Responsibility Farce.

Answer 1

rporate social responsibility means that organizations have moral, ethical, and philanthropic responsibilities in addition to their responsibilities to earn a fair return for investors and comply with the law. A traditional view of the corporation suggests that its primary, if not sole, responsibility is to its owners, or stockholders. However, CSR requires

CORPORATE SOCIAL RESPONSIBILITY ( CSR ) is the buzz word today in buisness circles and the vibrant demand for Tax breaks on expenditure incurred on CSR is a corolary to this buzz word. What CSR are they talking about . Do they follow basic norms in conducting their buisness , thus sharing their quota of CSR or do they feel CSR is a seperate department which do not go hand in hand with their daily buisness activity.