Csr Pros and Cons

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Branco, Manuel Castelo, and Catarina Delgado. "Business, Social Responsibility, And Corruption." Journal Of Public Affairs (14723891) 12.4 (2012): 357-365. Academic Search Premier. Web. 14 Nov. 2013. Pro: CSR helps remove corruption through CSR reporting. CSR reporting is associated mainly with voluntary disclosures of information pertaining to several economic, social and environmental aspects upon which companies’ activities may have an impact: employee-related issues, community involvement, environmental issues, other ethical issues and so on. Nowadays, the rejection of corruption is an integral part of any company’s social responsibility. Corruption is deemed incompatible with sustainable development in view of social, economic, and environmental damages caused by it. However, the fight against corruption has been considered Dorfman, Lori, et al. "Soda And Tobacco Industry Corporate Social Responsibility Campaigns: How Do They Compare?." Plos Medicine 9.6 (2012): 1-7.Academic Search Premier. Web. 14 Nov. 2013. Pro: gives back to the community PepsiCo has Pepsi Refresh Project that uses social media to identify philanthropic ventures. Breitbarth, Tim, Phil Harris, and Rob Aitken. "Corporate Social Responsibility In The European Union: A New Trade Barrier?." Journal Of Public Affairs (14723891) 9.4 (2009): 239-255. Academic Search Premier. Web. 14 Nov. 2013. Con: CSR is a trade barrier for non-complying companies Pro: customer relationships improve Because the community sees what the company does and respects them more for it Pro: motivates employees Employees are treated with respect and have fair working conditions. Cons: Expenses Company may say that the reason they don’t want to get involved is that it costs too much Con: shareholder expectations the shareholders might see it negatively because the company can no longer dedicate all their

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