Corporate Social Responsibility and its Relation with Business Law and Ethics

BUSINES LAW AND
ETHICS

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

INTRODUCTION
Business laws are those legislations that deals with process of establishing an business
organization in a country. These laws helps in developing framework that leads towards
accomplishment of goals and objectives. Further business laws also deals with commercial and
corporate activities thus known as corporate laws. Ethical laws are the laws that deals with basic
structure of an organization helping in developing order and discipline within it. These laws are
based upon ethical code of conduct. Both ethics and business law studied with various laws like
employment, contract and company law which helps organization attain sustainability within
market. In this essay corporate social responsibility is discussed in relation to statement, issues
regarding corporate social responsibility is explained. In the end significance need of CSR has
been discussed.
TASK
Corporate social responsibility
This is based upon management taking place within an organization that is done in
relation to social, environmental and economic concerns. These are able to enhance business
operations with various perspectives existing within society. Also these practices has been
forming balance through making an organization's goodwill developed within the market. CSR
makes an organization deal with issues taking place within society. CSR also makes an
organization develop relation with community and individual's living in society. Further it helps
in enhancing social value of an organization leading towards achieving sustainability within
organizations working. Issue concerning CSR: CSR leads upon dealing with various
responsibility which makes engagement of stakeholders, environment, gender, equality, human
rights, community relation, anti corruption etc(López Jiménez and et. al., 2021). These areas
leads upon developing framework within an organization leading towards forming approaches
helps in enhancing decision making leading towards positive change formed within ethical rules
and regulations of an organization. There are various perspectives that is covered within
corporate social responsibility which are Economic responsibilities: these are based upon
developing stability within economic condition of an organization. As per this profit and revenue
generation is focused upon. Also through this employment opportunities is generated within an
organization providing jobs to local and community people. This is contributes towards positive