Answers are grounded in this paper and cite their sources.
Corporate social responsibility (CSR) and the environment, social and governance (ESG) criteria used to assess investment opportunities and investment risks are fast becoming a pillar in organizational strategy. Corporations are considered the most powerful and influential entities in the world today, much as they have been since the inception of organized commerce and markets. The jobs they provide support life and livelihood and provide psychological and physical comfort and security. Corporate leaders serve as trustees of academic institutions, serve on private and public boards of directors including faith‐based and charitable and cultural organizations, and are appointed or elected to serve in influential government and philanthropic positions. As such the influence of corporations and corporate leaders is wide and vast and their impact on CSR and ESG initiatives can be impactful.
No takes yet. Share an insight, caveat, or question.
Paul A. DeCotis (2021) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: