Opening Pandoras Box
Corporate Social Responsibility Exposed
By Jessica C. Ludescher, Rubiná Mahsud
Corporate social responsibility is the ethical doctrine that a business corporation should promote the welfare of various stakeholders, enhance environmental stewardship, and improve society by doing things that add little or nothing to its bottom line. The doctrine diverts attention from the social responsibilities of government, academic, media, and religious organizations; focuses too narrowly on select stakeholders; and is so loose and general as to be practically meaningless.