Essay On Social Responsibility Accounting

Essay On Social Responsibility Accounting-61
At the same time when companies have to play a significant role for society they cannot sell adulated and chemical stuff preservative goods to customers.As a result of which lot of harm is experienced by the business on financial grounds.

At the same time when companies have to play a significant role for society they cannot sell adulated and chemical stuff preservative goods to customers.As a result of which lot of harm is experienced by the business on financial grounds.

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For example, shareholders start showing their feeling of disgust towards the businessmen owing to the poor profit.

In some cases, even shareholders withdraw their investment share from the company to get a partnership in the rival businessmen.

The corporate social responsibility is a kind of liability on the corporate to preserve the environment and give maximum benefits of society.

The actions and plans of the corporate should be driven in such a way that no harm is made to the environment by companies.

It is not that easy to cope up with the plans of environment protection while running a petrochemical industry.

New technology and equipment are required to minimize the effects of chemicals on the environment.

As a consequence of the earning of the profit for the company gets compromised.

Most of the businessmen who are running startup companies are very much affected by the corporate social responsibility and financial crises or bankruptcy is very common to these corporations.

The businessmen whose main motive is to maximize their profit cannot afford to devote such a big time in doing social work and thus experience a bent in their business.

Also, the plants and policies need to be discussed with the shareholders and against wastage of time in conducting conferences every other day When a business is not earning any kind of profit it becomes very disappointing for those who have invested money in the given business.

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