Discuss the effect of corporate social responsibility (CSR) in Shell's essay
Principles of Corporate Social Responsibility, CSR: A Guide for Students and Practicing Managers in Developing and Emerging Countries, is a book that can be used to teach a thirteen-week course. This chapter focuses on the existing corporate social responsibility and CSR practices in the oil and gas industry in Nigeria. The oil and gas industry is plagued by a host of problems, not limited to. As the phenomenon of corporate social responsibility, CSR, becomes more global, the question arises about the nature of CSR in developing countries. Vietnam is an example of a developing country experiencing rapid economic growth coupled with social challenges driven by increased business activity. However, to date, there is a List of Benefits of Corporate Social Responsibility. 1. It increases value and profitability. A CSR policy introduces energy efficiency strategies, such as waste recycling, that reduce operational costs while benefiting the environment. That said, it will increase a company's accountability and transparency to the media and investment analysts. 7. Conclusion. In short, corporate social responsibility is an integral part of sustainable entrepreneurship. It provides companies with tangible benefits such as improving brand reputation, attracting customers, engaging employees and gaining a competitive advantage. However, companies must address the criticisms and challenges associated with, Consciously thinking about CSR was the first time in America in years. Howard R. Browen's first major study of corporate social responsibility was: Social Responsibilities of the Businessman. In s, the term 'Corporate Social Responsibility' spread and was used in both professional and public relations.