Business Law and Ethics: Understanding Corporate Social Responsibility and its Link with Corporate Behaviour

BUSINESS LAW AND
ETHICS

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK ..............................................................................................................................................3
Corporate social responsibility....................................................................................................3
CONCLUSION ...............................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Business law are the laws that deals with formation of business organization in more
effective manner. As per these laws business organizations requires to be formed as per the
legislation formed within an country regarding it. Also business laws covers various aspects
regarding business operations. Ethics are those guidelines which is followed by an organization
in making in order to develop discipline and order within an organization. These ethics makes
internal working of business improved. Scope of these laws are wider as it covers factors
impacting growth of an organization. Nature is dynamic which helps these laws in dealing with
threats existing within an organization. This report is based upon corporate social responsibility
that is used for serving moral principles with upliftment of society by solving issues related to it.
Then in the end link between CSR and corporate behaviour is discussed with its significant
needs.
TASK
Corporate social responsibility
This means that kind of management within which an organization is able to comply with
those implementation that makes social, environmental and economic concerns that is required
within business operations. Further through these practices promotion is done maintaining
balance within the environment which makes organizations goodwill increased in affective way.
Further CSR makes an organization deal with issues that has been existing within society. CSR
helps in making strong hold developed with community and individual's living in society. It also
makes ethical perception developed over the moral conducts that is shown by an organization.
This makes organizations social value maintained within market through which companies
develop strong framework in relation to sustainability(Klaw and Mayer, 2021). Issue concerning
CSR: The major areas which is covered within CSR is related to engagement of stakeholders,
environmental management, gender, equality, human rights, community relations, anti corruption
etc. In order to generate profit and adoption of various conditions makes favourable areas being
made. This is considered in relation to important approach making decision programs developed
which deals upon making important approach deal with various kinds of decisions making
ethical changes with evaluation done. Issue concerning CSR: this is the main aspects that is
covered in CSR and are related to economic, social and environment responsibility hold by an