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Politics, Ethics and Social Responsibility of Business
book

Politics, Ethics and Social Responsibility of Business

by Usha, Bhanu;Krishna, K. V. Murthy
October 2010
Intermediate to advanced content levelIntermediate to advanced
232 pages
9h 1m
English
Pearson India
Content preview from Politics, Ethics and Social Responsibility of Business
134
| POLITICS, ETHICS AND SOCIAL RESPONSIBILITY OF BUSINESS
stakeholders. In addition, charity is dependent on many factors such as prof ts of the company and the
intentions of the board of directors. It may or may not play a direct role in impacting the lives of employees
and other stakeholders. CSR relates to core business values of the company. The philosophy behind CSR is
to engage with stakeholders with an object of making a positive impact on all of them.
Often executives confuse CSR with obedience to laws, and think that if they obey the law on pollution
control, or child labour, they are abiding by the charter of CSR. Laws however are meant to be abided by and
companies that do so may deem themselves ‘good corporate citizens’. ...
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Publisher Resources

ISBN: 9789332506497