Social Responsibility and the Corporate World Term Paper by experts

The paper shows how a century ago corporate social responsibility was an idea whose time had not yet come, and companies were free to treat their employees as badly as they could get away with and cause nearly unregulated environmental damage. Profits were considered the only measure of how good a company was, and higher profits were often derived from unethical treatment of workers and resources. It shows that such an attitude today is no longer either practical nor acceptable and that increased government regulation has limited everything from the safety conditions of the workplace to the ways that companies must restore any environmental damage that they inflict. The paper discusses how a company can become socially responsible.