With some models, a firm’s implementation of CSR goes beyond compliance and statutory requirements, which engages in “actions that appear the network form of realization of educational programs further some social good, beyond the interests of the firm and that which is required by law”. Proponents argue that corporations increase long-term profits by operating with a CSR perspective, while critics argue that CSR distracts from businesses’ economic role.
Critics questioned the “lofty” and sometimes “unrealistic expectations” in CSR. Political sociologists became interested in CSR in the context of theories of globalization, neoliberalism and late capitalism. CSR is titled to aid an organization’s mission as well as serve as a guide to what the company represents for its consumers. Business ethics is the part of applied ethics that examines ethical principles and moral or ethical problems that can arise in a business environment. Since the 1960s, corporate social responsibility has attracted attention from businesses and stakeholders in regard to its benefits and what it is. Corporate social responsibility has been defined differently by different writers based on what they perceive about the concept.