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Essay Details:
Essay text:
CSR in Developing Countries 11
4. Beyond Rhetoric 13
5. Conclusion 14
6. References 16
1. Executive Summary
CSR can be defined as ‘a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis (Prieto-Carron, Lund-Thomsen, Chan, Muro & Bhushan, 2001). It is the view that businesses have a moral and financial obligation to act responsibly. This idea is immensely controversial and polarised. Advocates for CSR argue that it makes good business sense because it can increase a company’s revenues...
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