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Corporate Social Responsibility; Is it worth the hype? $50.49   Add to cart

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Corporate Social Responsibility; Is it worth the hype?

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It explains the importance of CSR in the corporate world

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  • March 16, 2021
  • 12
  • 2020/2021
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CORPORATE SOCIAL RESPONSIBILITY; Is the Concept Worth the Hype to Businesses

or Not?

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Word Count – 2500

, 2




Executive Summary

Corporate social responsibility implies to the obligations of the firm to society. This paper

expresses a rational comprehensive outline of contemporary views towards 'corporate social

responsibility' (CSR) and their impact on business, government, and society. The purpose of

engaging stakeholders and shareholders to operate as inter-dependants for the sole benefits of

impacting the community and making profits for the company.

This paper argues the roles of businesses and the government to help developing countries

and societies. It also focuses on African countries that have adapted to CSR, specifically

Kenya. However, Kenyan companies are slowly assuming social responsibilities, which roles

are fit for the government and which for the corporates and why. Drawing evidence from

Kenya, we will see why some of these responsibilities are superimposed on the businesses

and not desirable. Is the concept worth it?

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