Explain the main arguments for and against the view that socially responsible business decisions can achieve sustainable competitive performance and improve shareholders value

What was the significance of the British Siege of Charleston in 1780?
June 28, 2019
The behavior of a professional is guided by certain core principles. Identify and explain FIVE such Core Principles
June 28, 2019

Explain the main arguments for and against the view that socially responsible business decisions can achieve sustainable competitive performance and improve shareholders value

Question one
Many organizations now include explicit reference to their commitment to act in a socially responsible manner in their mission statements. This then forms an integral part of organizational strategies and policies. However, some shareholders see social responsibility as conflicting with their main interest in the company, which is creating maximum shareholders wealth.
Required
Explain the main arguments for and against the view that socially responsible business decisions can achieve sustainable competitive performance and improve shareholders value