By Harry Broadman (original source Forbes)
“It is only a slight overstatement to say that over the last several decades corporate social responsibility “CSR” programs have become commonplace within many large companies and financial institutions, particularly those who have investments abroad. This is especially the case for sizeable private foreign firms operating in emerging markets, where enterprise-sponsored initiatives aimed at facilitating economic development are seen as avenues for business to “do well by doing good.”
But carrying out traditional CSR activities is becoming a dying breed. And the faster the better.”
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