This paper is published in Volume-10, Issue-5, 2024
Area
Economics
Author
Tia Agrawal
Org/Univ
Perfect Communication Gurgaon, India
Keywords
Corporate Social Responsibility, Ethics, Government, Market, Social Norms.
Citations
IEEE
Tia Agrawal. Corporate Social Responsibility: Ethical and Economic Considerations, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARIIT.com.
APA
Tia Agrawal (2024). Corporate Social Responsibility: Ethical and Economic Considerations. International Journal of Advance Research, Ideas and Innovations in Technology, 10(5) www.IJARIIT.com.
MLA
Tia Agrawal. "Corporate Social Responsibility: Ethical and Economic Considerations." International Journal of Advance Research, Ideas and Innovations in Technology 10.5 (2024). www.IJARIIT.com.
Tia Agrawal. Corporate Social Responsibility: Ethical and Economic Considerations, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARIIT.com.
APA
Tia Agrawal (2024). Corporate Social Responsibility: Ethical and Economic Considerations. International Journal of Advance Research, Ideas and Innovations in Technology, 10(5) www.IJARIIT.com.
MLA
Tia Agrawal. "Corporate Social Responsibility: Ethical and Economic Considerations." International Journal of Advance Research, Ideas and Innovations in Technology 10.5 (2024). www.IJARIIT.com.
Abstract
This research paper focuses on the constant conflict of businesses working towards corporate social responsibility with ethical or economic considerations. Hence, it reviews the government, markets and social norms as the pressure behind corporate social responsibility. This brings us to the basic rationale behind CSR and to whom these firms bring those CSR schemes. The paper also analyses various companies' perspectives on CSR and their expenditures on these schemes. Further, it talks about CSR as a byproduct of the ethical practices of the firms, which follows up to consider the kinds of CSR that are important to be taken care of. This leads to the origin of CSR, as the result of labour conflicts in the 19th century, which elaborates on the current situation in the three pressures which discipline companies into a certain social behaviour.