BUSINESS LAW CORPORATE RESPONSABILITY

8268 WORDS

IS CORPORATE SOCIAL RESPONSIBILITY BENEFICIAL TOWARDS BUSINESSES?

DCAA LAW FIRM – QUESTION #14

CORPORATE SOCIAL RESPONSIBILITY ORIGINATED IN THE EIGHTEENTH CENTURY WHEN SCOTTISH MORAL PHILOSOPHER AND PIONEER OF POLITICAL ECONOMICS ADAM SMITH EXPRESSED THAT THE NEEDS AND DESIRES OF SOCIETY COULD BEST BE MET BY THE FREE INTERACTION OF INDIVIDUALS AND ORGANIZATIONS IN THE MARKETPLACE. THEN THE WEALTH OF NATIONS FURTHER NOTED THAT, “IT IS NOT FROM THE BENEVOLENCE OF THE BUTCHER, THE BREWER, OR THE BAKER THAT WE EXPECT OUR DINNER, BUT FROM THEIR