Corporate social responsibility refers to the idea that companies have obligations to society that
A) create a positive spin about the company.
B) focus on profitability and a fair return to shareholders.
C) are prescribed by law or contract.
D) go beyond those prescribed by law or contract.

Question

Quizplus · Accepted Answer

Corporate social responsibility goes beyond the legal obligations or contractual duties and extends to the voluntary actions undertaken by companies to improve the well-being of society and the environment. It involves actively working towards promoting social, economic, and environmental benefits while also considering the interests of all stakeholders, not just the shareholders.

Corporate Social Responsibility Refers to the Idea That Companies Have