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| Topic: |
Business
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| Number of pages / Number of words: |
11 / 2801 |
Essay's paper body
When times get hard, there is the incentive to practice CSR more and better - if it is a philanthropic exercise which is peripheral to the main business, it will always be the first thing to go when push comes to shove.
This dilemma has led many companies to seek to be more strategic philanthropy. But here the major question is should a corporation engage in philanthropy at all? The answer is yes, an article by NYT says "Social responsibility of business is to increase its profit"...
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When times get hard, there is the incentive to practice CSR more and better - if it is a philanthropic exercise which is peripheral to the main business, it will always be the first thing to go when push comes to shove.
This dilemma has led many companies to seek to be more strategic philanthropy. But here the major question is should a corporation engage in philanthropy at all? The answer is yes, an article by NYT says "Social responsibility of business is to increase its profit"...
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