Debate on Mandatory Corporate Social Responsibility

10 Pages Posted: 11 Apr 2015

See all articles by Kenan Japhet

Kenan Japhet

University of Mysore

Vincent Tawiah

Griffith University; University of Mysore - Department of Commerce; University of Cape Coast; Dublin City University Business School

Muhaheranwa Benjamin

Maharishi Markendeshwar Group of Institution - Maharishi Markandeshwar University (MMU)

Date Written: March 20, 2015

Abstract

Corporate Social Responsibility (CSR) is an old age concept yet its flame of debate has not been put off. CSR is moving from just a company discretionary activity to a national demand backed by law. This mandatory requirement sparkle a new trend of arguments on CSR. This paper has joined this new course of CSR debate by raising some unconventional justifications on making CSR mandatory. To add to the existing argument of CSR, the paper brings out issues of triple taxation, killing of competitive spirit, multiplier effect, and deviation from natural law of donation among others. Although the paper criticize mandatory CSR practices, it recognise the benefit of CSR, been it mandatory or voluntary.

Keywords: Corporate Social Responsibility, Mandatory, Voluntary

Suggested Citation

Japhet, Kenan and Tawiah, Vincent and Benjamin, Muhaheranwa, Debate on Mandatory Corporate Social Responsibility (March 20, 2015). Available at SSRN: https://ssrn.com/abstract=2592880 or http://dx.doi.org/10.2139/ssrn.2592880

Kenan Japhet

University of Mysore ( email )

Mysore
Karnataka
Manasagangotri, karnataka 570006
India

Vincent Tawiah (Contact Author)

Griffith University ( email )

PMB 50
Gold Coast Queensland 9726
Australia

University of Mysore - Department of Commerce ( email )

Mysore
India

University of Cape Coast ( email )

PMB, UCC, GHANA
Department of English
Cape Coast, Central Region
Ghana

HOME PAGE: http://ucc.edu.gh

Dublin City University Business School ( email )

Dublin 9
Ireland

Muhaheranwa Benjamin

Maharishi Markendeshwar Group of Institution - Maharishi Markandeshwar University (MMU)

Mullana
Ambala, Haryana 136119
India

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