An argument for Corporate Social Responsibility and.

Corporate social responsibility is an ill-defined term, so any company can set its own definition. I see corporate social responsibility as encompassing a wide number of things, generally relating to citizenship and being a beneficial member of the community. I do not particularly subscribe to the Milton Friedman view of CSR (1970) that companies only have a duty to their shareholders. They.

Corporate social responsibility ensures that corporations the world over are engaged in other activities that give back to the community (Crowther and Rayman-Bacchu 172). Many activities that are considered helpful include: organizing activities that seek to involve the community in such events as fund raising for the needy, events that seek to help out the disadvantage in society and other.

Essay Topic: Argumentative. Corporate Social Responsibility While there may be people who are for the idea of corporate social responsibility, there are also others who oppose to it.One of whom, as we all know, is Milton Friedman.He believes that only individuals can have social responsibilities and that the purpose of a corporation Is to provide the highest possible returns to shareholders.

Low profits will reduce managers’ desire to further engage in corporate social responsibility. 6. Sub-optimal utilisation of resources: If scarce resources are utilised for social goals, this would violate the very purpose of existence of an organisation. Debate over CSR: After considering the arguments in favour and against the concept of CSR, some points are still left unanswered. These.

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Essay on the Arguments about Corporate Social Responsibility. Article shared by. Just as there are some who overemphasize the importance of corporate social responsibility, there are others who criticize the concept and propose that any acts of social responsibility which would drain the profits of the corporation would be outside the realm of legitimate business functions and would defy the.

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