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ID number:483836
 
Evaluation:
Published: 30.11.2003.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

What is corporate citizenship?
In today's world, business has immense social, economic and human assets. Corporate citizenship refers to the way a company leverages these assets.
When a company uses its assets to bring about measurable gains not only for itself, but for society as well, that company is acting as a good corporate citizen.
A good corporate citizen integrates basic social values with everyday business practices, operations and policies, so that these values influence daily decision making across all aspects of the business, and takes into account its impact on all stakeholders, including employees, customers, communities, suppliers, and the natural environment.
What about the argument that a company's primary obligation is to its shareholders?

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