Essay: Corporate Social Responsibility

A New Turn for Corporate Social Responsibility Tiffany Tong March 5th, 2008 Introduction The nature of corporations is to maximize the bottom line regardless of social and environmental consequences, because in an extremely competitive global market, failure to do so will result in forced exit from the market. Therefore, traditionally, the enforcement of rules has been viewed as the only way to protect society and the environment; voluntary corporate social responsibility (CSR) has been viewed as mere lip service that […]