4 points
The society provides the
infrastructure and the facilities
without which business can not
operate at all. hence the business also
has responsibility to society. there is
growing demand for report on
activities which reflect the
contribution of an enterprises to
society. social responsibility
accounting is the process of
identifying, measuring and
communicating to the contribution of
a business to the society. Identified
the types or sub field of accounting.
Answers
Answer: Corporate social responsibility (CSR) refers to strategies corporations or firms
conduct their business in a way that is ethical, society friendly and beneficial to
community in terms of development. This article analyses the meaning of CSR based on
some theories available in literature. It is argued that three theories namely utilitarian,
managerial and relational theories of CSR supported by works of other scholars in the
area could be used to suggest that CSR becomes an international concern due to
globalized nature of business that knows no border. CSR is evolving in its meaning and
practice. The article then discusses the role of CSR in community development because
the very logic of CSR is towards seeing its impact in community socially,
environmentally and economically. Competencies required by CSR managers are also
analyzed in order to have a better understanding of the practical aspects of CSR. Finally,
conclusions and implications for future research are discussed.
Explanation: Please mark me the brainleist
Answer:
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