Corporate Social Responsibility - how far should it go?
November 2003Opinions about CSR
There are two polarised views about Corporate Social Responsibility (CSR). The first is that anything taking managements eye off providing shareholder returns is a wasteful and damaging irrelevance. The second, in contrast, is that any company that does not practise CSR deserves all the criticism, boycotts and eventual loss of business it will get.
Between these two, there is a real question: how far should a forward-looking company go to fulfil its (usually unspecified) obligations to society, and how should it go about...