An Understanding of Corporate Social Responsibility
A brief discussion of the concept of corporate social responsibility.
# 154177 | 804 words | 3 sources | 2015 |
Published on May 04, 2015
$19.95 Buy and instantly download this paper now
From the Paper:"The perception of Corporate Social Responsibility (CSR) materializes from a number of theories in a western intellectual capacity as well as from a capitalist financial structure. In this regard, based on the readings from Garrida & Mele (2004) and Freidman (1970), there exist numerous theories and approaches of CSR; however, there is no solitary formula or template that can be adopted worldwide. Rather, there exists a strain between the potentially inconsistent discourses of ethical viewpoint and economics, which is unsurprisingly a dichotomy embodied in the manner in which business advocates approach CSR.
"From one viewpoint, CSR seems to be very basic when defined grammatically. By a very basic definition, CSR encompasses all activities that focus on the environmental and social impact of one organization's performance and its being responsible for all these actions. However, according to Garrida & Mele, 'the CSR field presents not only a landscape of theories but also a proliferation of approaches, which are controversial, complex and unclear (Garrida & Mele, 2004). According to Friedman, CSR is observed merely as a tactical tool for an organization to accomplish its objectives and profit maximization (Friedman, 1970). Whichever way one chooses to define CSR, each definition recognizes the importance of observing a social responsibility that goes beyond establishing value or profit for stakeholders, a duty and in some instances an accountability to non-investors or the community."
Sample of Sources Used:
- Running head: CORPORATE SOCIAL RESPONSIBILITY PAGE \* MERGEFORMAT 1
Cite this Descriptive Essay:
An Understanding of Corporate Social Responsibility (2015, May 04) Retrieved January 28, 2022, from https://www.academon.com/descriptive-essay/an-understanding-of-corporate-social-responsibility-154177/
"An Understanding of Corporate Social Responsibility" 04 May 2015. Web. 28 January. 2022. <https://www.academon.com/descriptive-essay/an-understanding-of-corporate-social-responsibility-154177/>