Opinion: Corporate Social Responsibility Arises Out of Need to Do Good
January 27, 2009 | Read Time: 1 minute
More than just creating good publicity and bolstering recruitment, an opinion piece in the Financial Times says that corporate social responsibility may simply stem from the fact that it makes executives feel better about themselves.
The article discusses Bill Gates, who has left Microsoft to pursue philanthropy full time, as a prime example of such behavior.
Michael Skapinker, the article’s author, writes, “Few can afford to turn their backs on full-time work as young as Mr. Gates did. Not having his wealth, they use their companies’ instead. That may sully what the critics see as companies’ only proper objective but, as vital as profit is, it seems insufficient to give people the fulfillment they crave.”
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