Corporate Accountability versus Corporate Social Responsibility




Corporate Accountability
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D Zhang
Teacher

Corporate Accountability versus Corporate Social Responsibility

How to differentiate the concepts of corporate accountability and corporate social responsibility?
From my understanding:
- Corporate Accountability (CA) is more like a legal obligation that companies have to follow, it is required, non-voluntary
- Corporate Social Responsibility (CSR) refers to any attempt to get corporations to behave responsibly on a voluntary basis, out of either ethical or bottom-line considerations.
 

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4
bimal bk
Student (MBA), Nepal
 

Corporate Accountability versus Corporate Responsibility

Yes, in my view CA is externally forced upon firms by such stakeholders like: human rights organizations, unions, development and environment organizations to make organizations fulfil their legal and social duties.
CSR on the other hand is a voluntary exercise to enrich local as well as international society with some sorts of contributions.

 
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ROMULO Moraes
Manager, Brazil
 

Corporate Accountability versus Corporate Social Responsibility

@bimal bk: I agree with you. And we must make sure that the customers feels the diference too!... Sign up

 
2
Girish L. Chhagani
Coach, India
 

Corporate Accountability versus Corporate Social Responsibility

Corporate accountability is indeed compulsory in nature. It deals with reporting transparently the t... Sign up

 
0
Susan Power Bergin
Business Consultant, Ireland
 

Corporate Accountability V Corporate Responsibility

Corporate accountability is about running your operations openly and honestly, from every level of t... Sign up

   

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