Corporate Social Responsibility. Dangers and benefits for employees, management, organizations, society and the environment

Essay from the year 2017 in the subject Business economics - Business Management, Corporate Governance, grade: 80%, University of Wales, Bangor, language: English, abstract: The paper is about the pro's and con's of Corporate Social Responsibility (CSR). In detail, this essay is about the benefits and dangers of CSR for all stakeholders and the environment. Two global companies will be used as examples to explain the dangers and benefits of CSR. On one side, the of the world's largest beverage manufacturers, Coca Cola, and on the other side one of the world's largest consulting companies, Accenture. Since 2007, the Etisphere® institute measures the ethical responsibility of the biggest companies worldwide. The term ´Corporate Social Responsibility´ stands for all those ethical actions and measures taken by companies. The global measurement of CSR by Etisphere proves, that many global and national companies care about their CSR. Furthermore, it demonstrates, that CSR is held in a great esteem by businesses. In face of this fact, the question arises, which effect CSR on society, employees, management, environment and the organization has.