The Benefits from CSR for a Company and Society

Abstract

Corporate social responsibility undeniably provides multiple benefits for the company. The social and environmental actions that businesses engage in are bound to bring advantages also to society. Nevertheless, the concepts has also some weaknesses. Engaging in social responsibility issues should be a deliberate decision and companies should consider its pros and cons. The aim of this paper is to discuss the advantages of CSR, but also to point out a few defects of the concept. The narrative review of literature is applied in order to achieve the aforementioned aim.