Corporate responsibility as a tool for socio-economic development
DOI:
https://doi.org/10.5433/1980-511X.2018v13n3p175Keywords:
Law and economics, Social responsibility, Human rights, Development.Abstract
With the development of capitalism and the advent of globalization, the world experienced a commercial evolution never before seen. Unfortunately, this advancement did not thoroughly help humanity as many ills were and are being ignored by those who hold economic power. In light of this, the objective of this paper is to analyze the extent and necessity of a companies' responsibility as a result of their corporate activities. This study uses the hypothetical-deductive method. Finally, this research concludes that corporate responsibility is an essential management tool for reducing modern social problems as it provides for a more humanized market.Downloads
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