Common reasons include: Balancing work and family, poor internal communication, poor leadership, workload, lack of managerial support. Corporate Social Responsibility, which is often called CSR, is a business term that refers to the actions a for-profit business takes to improve the lives of people within a community.
D) there are no financial benefits of social or environmental initiatives Common arguments against corporate social responsibility argue that: A) CSR detracts from the fundamental economic role of businesses. B) CSR does not achieve a triple bottom line. These initiatives can not only benefit the community and the environment, but they can also turn out to be a smart business move. C) there is no positive relationship between CSR and shareholder returns.
After reading this article you will learn about the arguments in favour and against Corporate Social Responsibility (CSR). Pressure from above 56% of employees have reported feeling some on-the-job pressure to act unethically or illegally to achieve results. Labour force is united into unions which demand protection of their rights from business enterprises.
To get the support of workers, it has become necessary for organisations to discharge responsibility towards their employees.
Arguments against corporate social responsibility (CSR) Some of the most commonly heard arguments against CSR you will hear include: Businesses are owned by their shareholders - money spent on CSR by managers is theft of the rightful property of the owners; The companies that focus most on CSR are not successful businesses in the marketplace