Question
A corporate social responsibility program can greatly expand the universe of a company's stakeholders. Some programs are very large. Examples include- Microsoft: Corporate Social Responsibility
A corporate social responsibility program can greatly expand the universe of a company's stakeholders. Some programs are very large. Examples include- Microsoft: Corporate Social Responsibility The Walt Disney Company: Social Responsibility Tesla Impact Other CSR programs, obviously, are much smaller.
Questions: 1. What criteria should a company use when determining the size, scope and goals of its CSR program? 2. Who should have a role in the decision process? Who should make the final decision? The board of directors? Senior management? Other employees? Other stakeholders? If so, which ones? 3. What information should the board receive about a company's CSR program? 4. Does the board of directors have oversight responsibilities or fiduciary duties relating to a corporate CSR program? If so, what are they? 5. What information about a CSR program should be communicated? Who should receive the information? The board? Senior management? Other stakeholders?
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