The role of CSR in the context of Corporate Governance, Firm Performance and Accountability
Corporate social responsibility remains a contentious issue in the contemporary business environment despite being practiced for centuries. A clear framework for governing CSR is absent that leads to confusion when managers are making CSR decisions (Hildebrand,Sen,& Bhattacharya 2011,p.1353). There are two main views of CSR and they provide substantially different perspectives. The classical view holds that the principle responsibility of a business is to deliver value…