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TANSI Corporation, a U.S. manufacturer has Beijing Corporation, a Chinese affiliate. Beijing Corporation has the Statement of Financial Position as shown below. Required: (a)
TANSI Corporation, a U.S. manufacturer has Beijing Corporation, a Chinese affiliate. Beijing Corporation has the Statement of Financial Position as shown below. Required: (a) Briefly discuss the meaning of corporate social responsibility (CSR). (b) Companies have no obligation to do more CSR than the law requires. Discuss. (c) Should companies report necessarily on their social responsibility activities? (d) What is the relevance of CSR disclosures for outside investors? (b) Discuss briefly about Hofstede's cultural dimensions and Gray's accounting value dimensions. Draw a combined table showing the relationships between accounting values and cultural dimensions as proposed by Gray.
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