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Life Sciences

BAU Journal - Creative Sustainable Development

2020

Economic growth

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A Legal Perspective On Corporate Social Responsibility (Csr), Tala Zein, Sarah Zein May 2020

A Legal Perspective On Corporate Social Responsibility (Csr), Tala Zein, Sarah Zein

BAU Journal - Creative Sustainable Development

Recent years have been marked by a remarkable decline in trust and confidence in the economy as well as in the business community, as a growing number of economic scandals are being reported by observers and whistleblowers. The need for better governance and higher ethical standards has become a focal issue for governments, regulators, supervisors and business actors themselves. In this context, corporate social responsibility (CSR) has come to play an increasingly important role in business and corporate regulation, paving the way for ethical business practices, as the concept of corporate social responsibility encompasses key components of economic growth, social …