Dilemma between ethical obligations towards society

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Reference no: EM133153294

"Corporate Social Responsibility (CSR) is said to be resting on a fundamental dilemma: a dilemma between ethical obligations towards society versus economic duties of maximising profits. In other words: A clash occurs between business and morality." 

Andersen, S., Nielsen, A., & Høvring, C. (1970, January 01). Communicative Dilemmas of CSR: Towards an Integrative Framework of CSR Communication. Retrieved February 02, 2021, from https://link.springer.com/chapter/10.1007/978-3-319-44700-1_4

A business is created to make profit for its shareholders. Governments impose laws on businesses to ensure they do not damage the environment and further businesses are given incentives for contributing to the community. 

Should governments expand their role in ensuring businesses meet certain levels of Corporate Social Responsibility? Why or Why not? 

What negative or positive impact will government involvement in CSR activities have?

With some refrences 

Reference no: EM133153294

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