
International Accounting
4th Edition
ISBN: 9780077862206
Author: Timothy Doupnik, Hector Perera Professor
Publisher: McGraw-Hill Education
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Question
Chapter 15, Problem 1Q
To determine
Explain corporate social reporting.
Expert Solution & Answer

Explanation of Solution
Corporate Social Reporting (CSR):
CSR is a responsibility of organizations to communicate the environmental and social impact of their economic activities on the society, to the internal as well as external stakeholders.
Organizations derive resources from the society and they are obligated to utilize these resources without harming the environment. Organizations are accountable for their activities and they are not expected to gain economically at the cost of environment degradation.
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What is Corporate social responsibility (#CSR) ?; Author: Servier International;https://www.youtube.com/watch?v=1bpf_sHebLI;License: Standard Youtube License