Corporate social responsibility that extends beyond legal mandates can help meet societal expectations in the absence of

Question

Quizplus · Accepted Answer

Corporate social responsibility (CSR) that goes beyond what is legally required can help fulfill societal expectations when statutory devices, or laws and regulations, are absent or insufficient. CSR involves companies taking responsibility for their impact on society beyond what is legally mandated, including environmental protection, social equity, and economic development.

Corporate Social Responsibility That Extends Beyond Legal Mandates Can Help