Hi

please read the instructions for this make sure to follow all the instructions.

the concept of CSR is introduced.As briefly explained in the chapter,there are ongoing debates on the "responsibility"of firms.Two representative views on CSRare:

For more information,please check out below:

Traditional View: (Friedman) Shared Value View: (Porter) . Shareholder capitalism: Corporate social responsibility shareholders - the providers (CSR): obligations extend beyond the of the necessary risk capital economic responsibility and include and the legal owners of legal, ethical, and philanthropic public companies - have the societal expectations most legitimate claim on profits. Discretionary responsibilities THERE IS ONE AND ONLY ONE Ethical SOCIAL RESPONSIBILITY responsibilities OF BUSINESS - TO USE ITS Legal RESOURCES AND ENGAGE IN responsibilities ACTIVITIES DESIGNED TO INCREASE ITS PROFITS Economic responsibilities MILTON FRIEDMAN Source: Capitalism and Freedom (1962) Social Responsibility Categories (Carroll, 1979) source: http://www.waynevisser.com/wp- content/uploads/2012/04/chapter wvisser africa est pyramid.pdf