This is a dissertation chapter example on Corporate Social Responsibility:
It has been said that companies have a corporate social responsibility, that is that they are “accountable for any of its actions that affect people, their communities and environment”. This extends to many areas, including but not exclusively to business ethics, the environment and the community well being. Companies hold the power to greatly affect those around them, in both positive and negative ways.
One example of this is Local Economic Development. This is when a company invests in an area with encouragement from the government, through local authorities (i.e. county council). If an area is in decline, facing issues such as high unemployment and its knock on effects, such as crime and deterioration, then the government employs the help of business organisations. The government has its own budget for regeneration, yet it is not normally enough on it’s own. Continue reading