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Corporate Social Responsibility: Benefits and Drawbacks

   

Added on  2019-11-25

9 Pages2030 Words186 Views
Political Science
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Running head: CSR ANALYSIS 0Corporate Responsibilityand Ethics
Corporate Social Responsibility: Benefits and Drawbacks_1

CSR ANALYSIS1Table of ContentsIntroduction................................................................................................................................2Merits and Demerits of CSR Policies........................................................................................3Conclusion..................................................................................................................................6References..................................................................................................................................7
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CSR ANALYSIS2Introduction Corporate social responsibility or CSR has become significantly popular in past few decades with the increase in requirement of transparency in business operations and embracing an ethical culture in organisations. It is based on the old concept that corporations should not only focus on enhancing their profits, they should also care regarding their duties as a corporate citizen. The popularity of international corporations has grown significantly due to globalisation, especially in developed countries. CSR policies ensure the social and ethical behaviour of giant corporations in different countries. But there is no strict policy regarding proper implementation of CSR policies. Many large corporations misuse their position even after implementing CSR policies. This essay will analyse different advantages and disadvantages of implementing CSR policies. Further, the essay will evaluate various theoriesfrom experts and examine the situation from different company’s perspective.
Corporate Social Responsibility: Benefits and Drawbacks_3

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