Some people believe that corporations have a responsibility to promote the well-being of the societies and environments in which they operate. Others believe that the only responsibility of corporations, provided they operate within the law, is to make as much money as possible.
Corporations influence society and environment in epic proportions either positively or negatively. Some people believe that they must endeavour to contribute to the environment and society in which they function, whereas others opine that as long as they operate within law their motive must be to maximize profits for their shareholders. While, from environmental perspective, they are duty bound to mitigate the damage their operation might cause to the local ecosystem; however, given that corporations by their very existence contribute to the society in many ways, enforcing them to drain investor’s capital for different societal objectives would be unjust.
Admittedly, corporations bear a responsibility to contribute to the well-being of the environment primarily due to their culpability for the environmental damage their functioning might result as well as their ability to compensate the same. Since the industrial revolution, the environment has drastically suffered from the operations of myriad corporations through green house gas emission, pollution of water bodies, land contamination, deforestation, etc. Therefore, if corporations don’t assume the responsibility to work towards the prevention and minimization of these environmental harms resulting from their activities, the very survival of human civilization is threatened thanks to the increasing consequences of global warming and climate change.
Moreover, they have adequate man power, technical know-how and resources to effectively ensure the well-being of their local and even global environment. For example, textile industries releasing dye-polluted water in the local water streams can easily operate a sewage treatment plant. Timber utilizing industries can take initiatives for afforestation; whereas, solid waste generating factories can employ effective waste management techniques. Bigger corporations also have the potential to find alternative environmentally benign ways for their operation. For instance, giant automobile manufacturers can invest for the research and development of electric or bio-fuel driven cars.
However, corporations by their existence contribute to the society in different ways and, thus, should not be enforced as such. Any industry prefers to resource labour from the local job market. Given that they obey labour laws, they not only provide livelihood to a multitude but also enhance their employability by training them. Similarly, by procuring raw materials, industries support other smaller businesses and thus indirectly providing job assurance to many. Furthermore, by adhering to consumer laws, corporations contribute to the society by providing affordable products and services to the consumers for without a local industry or business, people will be forced to resource the products or services from abroad at higher costs. These products and services, in turn, also enhance the quality and standard of life for many. Extravagant corporate taxes levied on the corporations further contribute to the exchequer which is ultimately used for the societal welfare.
Finally, corporations have multiple stakeholders in the form of investors demanding profits, employees asking better pay rates, consumers demanding quality but cheap products and so on. With so many capital requiring commitments, any move to mandate all the corporations to contribute for the overall good of the society may risk the financial stability of many. Conversely, when corporations aim to maximize profits, within law, it not only profits the share holders - who are also the part of the society but also ensure more employment and other numerous benefits mentioned above. Yet, when a corporation voluntary takes initiatives to promote the welfare of the society, it stands to benefit tangibly and intangibly. Standing up for societal causes helps a corporation to develop a long lasting goodwill among the people. This, in turn, may create a new consumer base thus returning the investment.
In conclusion, since corporations are culpable for the environmental damage as well as capable to minimize it, they have the responsibility to promote its well-being. However, because corporations by their functioning contribute to the society in many forms as illustrated, they must not be enforced to give back more. Yet, they can be encouraged by considering the many underlying benefits of corporate social responsibility.
Post date | Users | Rates | Link to Content |
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2023-09-11 | rookobay | 50 | view |
2023-08-26 | Ifthekhar | 50 | view |
2023-08-19 | Dinesh4518 | 50 | view |
2023-08-19 | Dinesh4518 | 67 | view |
2023-07-20 | shubham1102 | 66 | view |
- Claim: It is no longer possible for a society to regard any living man or woman as a hero.Reason: The reputation of anyone who is subjected to media scrutiny will eventually be diminished. 83
- People s behavior is largely determined by forces not of their own making 83
- Claim The best way to understand the character of a society is to examine the character of the men and women that the society chooses as its heroes or its role models Reason Heroes and role models reveal a society s highest ideals 70
- Although innovations such as video computers and the Internet seem to offer schools improved methods for instructing students these technologies all too often distract from real learning 89
- Claim Researchers should not limit their investigations to only those areas in which they expect to discover something that has an immediate practical application Reason It is impossible to predict the outcome of a line of research with any certainty 83
Grammar and spelling errors:
Line 12, column 428, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...its of corporate social responsibility.
^^
Transition Words or Phrases used:
also, but, finally, furthermore, however, if, may, moreover, similarly, so, therefore, thus, well, whereas, while, for example, for instance, in conclusion, as well as, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 14.0 19.5258426966 72% => OK
Auxiliary verbs: 15.0 12.4196629213 121% => OK
Conjunction : 22.0 14.8657303371 148% => OK
Relative clauses : 9.0 11.3162921348 80% => More relative clauses wanted.
Pronoun: 35.0 33.0505617978 106% => OK
Preposition: 87.0 58.6224719101 148% => OK
Nominalization: 29.0 12.9106741573 225% => Less nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 3798.0 2235.4752809 170% => OK
No of words: 653.0 442.535393258 148% => Less content wanted.
Chars per words: 5.81623277182 5.05705443957 115% => OK
Fourth root words length: 5.05508305356 4.55969084622 111% => OK
Word Length SD: 3.22179780696 2.79657885939 115% => OK
Unique words: 340.0 215.323595506 158% => OK
Unique words percentage: 0.52067381317 0.4932671777 106% => OK
syllable_count: 1221.3 704.065955056 173% => OK
avg_syllables_per_word: 1.9 1.59117977528 119% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 9.0 6.24550561798 144% => OK
Article: 2.0 4.99550561798 40% => OK
Subordination: 6.0 3.10617977528 193% => OK
Conjunction: 0.0 1.77640449438 0% => OK
Preposition: 11.0 4.38483146067 251% => Less preposition wanted as sentence beginnings.
Performance on sentences:
How many sentences: 27.0 20.2370786517 133% => OK
Sentence length: 24.0 23.0359550562 104% => OK
Sentence length SD: 66.4083472698 60.3974514979 110% => OK
Chars per sentence: 140.666666667 118.986275619 118% => OK
Words per sentence: 24.1851851852 23.4991977007 103% => OK
Discourse Markers: 6.88888888889 5.21951772744 132% => OK
Paragraphs: 7.0 4.97078651685 141% => Less paragraphs wanted.
Language errors: 1.0 7.80617977528 13% => OK
Sentences with positive sentiment : 15.0 10.2758426966 146% => OK
Sentences with negative sentiment : 6.0 5.13820224719 117% => OK
Sentences with neutral sentiment: 6.0 4.83258426966 124% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.362925657792 0.243740707755 149% => OK
Sentence topic coherence: 0.0932137212891 0.0831039109588 112% => OK
Sentence topic coherence SD: 0.075194983847 0.0758088955206 99% => OK
Paragraph topic coherence: 0.176645442204 0.150359130593 117% => OK
Paragraph topic coherence SD: 0.0914055270447 0.0667264976115 137% => OK
Essay readability:
automated_readability_index: 18.1 14.1392134831 128% => OK
flesch_reading_ease: 21.74 48.8420337079 45% => Flesch_reading_ease is low.
smog_index: 11.2 7.92365168539 141% => OK
flesch_kincaid_grade: 16.2 12.1743820225 133% => OK
coleman_liau_index: 16.77 12.1639044944 138% => OK
dale_chall_readability_score: 9.81 8.38706741573 117% => OK
difficult_words: 206.0 100.480337079 205% => Less difficult words wanted.
linsear_write_formula: 21.0 11.8971910112 177% => OK
gunning_fog: 11.6 11.2143820225 103% => OK
text_standard: 17.0 11.7820224719 144% => OK
What are above readability scores?
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Write the essay in 30 minutes.
Maximum six paragraphs wanted.
Rates: 66.67 out of 100
Scores by essay e-grader: 4.0 Out of 6
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.