Corporate Social Responsibility Essay Example | Topics and Well Written Essays - 1250 words

integrated Social Responsibility - Essay ExampleIn looking at the opposing views of the market in society, questions still preserve is CSR compatible with the demands of shareholders? Is CSR a genuine movement, or a company PR exercise? Can a company be profitable while in addition being socially aware?Corporate Social Responsibility (CSR) is a phrase used regularly by companies when they attempt to assure people of their honest intentions. The EUs report on Implementing the partnership for growth and jobs defines CSR asConsumer concerns about the ethical treatment of the poor and exploitation of the Third World affirm made the promotion of social and ethical statements in business procedures essential. However, many in the consumer movement now feel that CSR is a sham, and a corporate PR exercise designed to whitewash the continuing exploitation of the vulnerable and poor.The question this essay attempts to argue concerns how compatible CSR is with the traditional role of compa nies, which is to make money for their shareholders. The unfreeze of Corporate Social responsibility seems to be between those who feel that companies are part of society, and others who are more inclined to concur with Milton Friedmans belief that the lone(prenominal) social responsibility that a business has is to its shareholders The Social Responsibility of Business is to Increase its Profits (Friedman, 1970). By looking firstly at how government has support the CSR movement, then at the positive elements of CSR, with reference to increasing profits and Social profit, and finally at the opposition to CSR from both businesses and consumer movements, this essay hopes to establish whether Corporate Social Responsibility interferes with the ability of companies to make a profit, or whether it is a recognition of a larger social movement to improve the values and ethical motive of society.