Question

Corporate Social Responsibility in relation to Financial Reporting.

Answer 1

Companies that have adopted CSR have been forced to disclose more information in their financial statements related to the environmental and social activities. .



. The EU defined CSR as the responsibility of enterprises within society. The challenge in the business world is to link CSR and leadership competitiveness.

Answer 2

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the first analyses linking corporate social responsibility (CSR) and corporate financial performance (CFP), using only annual financial reports.

Management with a sound understanding of CSR are likely to focus on key stakeholders that present opportunities for shared values.


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Answer - By Choudhary21