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Strategic Corporate Social Responsibility, Sustainable Value Creation 4th Edition By David Chandler (Test Bank )

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Strategic Corporate Social Responsibility redefines corporate social responsibility (CSR) as being central to the value-creating purpose of the firm. Based on a theory of empowered stakeholders, this ... bestselling text argues that the “responsibility” of a corporation is to create value, broadly defined. The primary challenge for managers today, therefore, is to balance the competing interests of the firm’s stakeholders’ understanding that what they expect today may not be what they will expect tomorrow. This tension is what makes CSR so complex and demanding, but it is also what makes CSR integral to the firm’s strategy and day-to-day operations. As such, CSR is not something that firms choose to do—all firms do it—it is just that some firms do it better than others. In this new Fourth Edition, author David Chandler explores why some firms are better at CSR and how other firms can improve their CSR efforts. [Show More]

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