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Why do corporations have a social responsibility? What is th

Why do corporations have a social responsibility?
What is the extent of this responsibility?
How should corporations decide what CSR activities to undertake, and what is required to implement CSR programs effectively?

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Why do corporations have a social responsibility?

Companies have a CSR responsibility because they are basically the biggest consumer of resources within the individual communities. Particularly where companies have manufacturing operations located, those companies take resources by means of water consumption, land (and probably trees that had to be cut down), and other elements that take away from the environment. Corporations also have a social responsibility because they essentially exist for several reasons, including their investors. Investors want to see companies that are working to survive, and that are putting their effort into social responsibility. By ...

Solution Summary

Why do corporations have a social responsibility?
What is the extent of this responsibility?
How should corporations decide what CSR activities to undertake, and what is required to implement CSR programs effectively?

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