Corporate Social Responsibility On A Social Level

Kirtan Bodawala September 27, 2014 E.Mylonas Eng. for Occupational Purposes Abstract The purpose of this paper is to understand how a large progressive company operates in the corporate world as well as fulfills their corporate responsibility on a social level. While corporate responsibility is important, it is always viewed through the fiscal viability dimension of the maelstrom. The business case dominates the representation and operationalization of corporate responsibility. Due to the increased public sensitivity to corporate responsibility, the attitude has evolved from the unnecessary intrusion, through proactive operation focus, to compliance based; one residing within shareholder relations and legal. In this paper, I will continue to answer the question how a corporation respects the interests of its stakeholders and reflects those interests in its actions and accountability, as well as a summarization of their development towards corporate and social responsibility. Introduction The aim of this paper is to explore Corporate Social Responsibility in the framework of business ethics. Companies, in this modern day and age, are urged to show more responsibility towards society while operation their businesses. According to Milton Friedman, â€Å"there is one and only one social responsibility of business: to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open andShow MoreRelatedThe Relationship Between Corporate Social Responsibility and Ethic at the Leadership Level of Companies1691 Words   |  7 PagesWhat is corporate social responsibility (CSR)? 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