Responsible Business in South Africa

The call for responsible business comes from increasing consciousness of a strong tendency in business for undesirable activities in pursuance of the profit motive. Observed activities such as misleading shareholders, exploiting workers, deceiving consumers, paying bribes and short changing communities in which business is located do not serve the strategic interests of communities. Businesses however have a strategic stake to nurture in their communities because a stable business environment has a bearing on business profitability and sustainability. Corporate social responsibility is an opportunity for building social capital and achieving business growth through ethical practices. Businesses also realize that they owe society and their shareholders a duty to act ethically and exercise the responsibility not to cause harm. Better still; businesses derive value from providing beyond their regular goods or services, solutions to problems affecting society. As corporate citizens, they owe a debt to society to make it a better place….. Read Article in link>>> Responsible Business in South Africa

About the Author