The theory of corporate social responsibility


The theory of corporate social responsibility concerns

the company’s responsibility to balance between strategic actions to benefit shareholders against the duty to be a good corporate citizen.

the responsibility that top management has for ensuring that the company’s actions and decisions are in the best interest of society at large.

a company’s duty to maximize shareholder value.

the blending of shareholder interests and employee interests.

a company’s duty to establish socially acceptable core values and to have a strictly enforced code of ethical conduct.

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Operation Management: The theory of corporate social responsibility
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