Business Law and Ethics: Analysis of Corporate Behavior and Corporate Social Responsibility

Business Law and
Ethics

Contents
INTRODUCTION.......................................................................................................................................3
MAIN BODY..............................................................................................................................................3
CONCLUSION...........................................................................................................................................6
REFERENCES............................................................................................................................................7

INTRODUCTION
Business law regulates out incorporation of different corporate and civil laws which helps
out to embodied rules and regulations for companies. This helps out to maintain the smooth
functioning of company and also to plan working procedure is according to the legal regulations.
In business it is important to maintain the social welfare through corporate social responsibility
as they are the important ethical and moral conduct which provides the morality with proper
code of conduct. CSR helps out to enhance the growth of the society by practicing positive
attitudes towards the individual (Saha and et. al., 2020). In this report there will be an analysis
about corporate behavior and corporate personality with the role of CSR and there is
significance.
MAIN BODY
Corporate social responsibility
CSR is management of organizations with integrating all the concerns regarding to
environmental and social behavior for the business practices. It mainly operates out interactions
with the stakeholders regarding the welfare of companies. It helps out to address and implement
all the smooth functioning and proper working with the stakeholders and shareholders with the
strategic management in all the charity and business with the help of sponsorship and
philanthropy. CSR provides proper methods through which communities and companies can
maintain their business practices with all the ethical and moral goals. It focuses on reducing
poverty and also on enhancement of global areas and companies by strengthening the relations
with the other companies and organizations and also by implementing ethical and moral goals in
their working process (lombardi, and et. al.,2020).
Key elements on issues of CSR
The important issues related to CSR are variably environmental management, eco-efficiency,
responsible sourcing areas, stakeholder engagement, standards for laborers, adequate working
conditions, proper community relations, social equity, anticorruption measures, Human rights
and many more. All such helps out for the competitive implementation and advancement and