No bio available

Business > Management Ethics How corporate social responsibility impacts business

4 of 10

The basic question is - are corporates socially responsible? Has Corporate Social Responsibility or CSR as it is sometimes called, become fancy or do corporates really mean it? The point is, corporates are not doing any favor to the society by taking up any social cause(s) under the CSR banner. Each & every corporate derives its business from the society, for which it charges a premium in the form of profits. All the raw materials & other intermediate products are taken from nature & then sold in the market with a profit percentage over the costs. Hence, corporates owe it to the society the...

More..