Porter and Kramer argue that the prevailing approaches to CSR are so disconnected from business as to obscure many of the opportunities for companies to benefit society
a) Porter and Kramer (2006) argue that “the prevailing approaches to CSR are so disconnected from business as to obscure many of the opportunities for companies to benefit society”. Critically discuss this statement focusing on the debate between the shareholder and stakeholder models of corporate governance in relation to the strategic purpose of organisations.
b) Using examples and support from wider reading, critically discuss the challenges for global companies of both maintaining legitimacy and ensuring financial performance through their CSR activities.
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