Spectator on facebook

Spectator on facebook

Reader feedback: Hot air, isn't it?

Re: Business takes high road, Volume 11, Number 30, August 8 - 14, 2005

It's an interesting concept, Corporate Social Responsibility (CSR). Maybe I am totally out of touch with British society, but this was the first time I have heard of the term, let alone spotted any meaningful actions of corporations in Britain.

The actions of companies are dictated by either short or medium-term market forces. Employers only offer benefits to their workers when they are in a competitive labour market or seek to strengthen their hand in dealing with their employees. Corporations sponsor such things as sports clubs because they expect a return in valuable publicity or other favours from local or national administrative bodies.

I can't think of any philanthropy of British companies of any significance. The article caused me to search the Web for CSR activity in the UK. I can't see anything other than material for a lot of boring presentations and hot air. Can anyone dispel some of my scepticism?

David,
London, UK

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

How rock music helped bring down the totalitarian regime Video

A new film shows that Rock & Roll, forbidden in the Soviet Union, helped to end the Cold War.

Illustrative Stock Photo

Movies under an open sky feel differently than in an air-conditioned cinema Photo

The popularity of outdoor cinemas is increasing in Bratislava

Bažant Kinematograf on the Magio Pláž beach

Peter Sagan announces split with his wife Katarína

The Slovak cycling star who has a young son said “It will be much better this way”.

Peter Sagan marries Katarína, November 2015.

Top 3 news from Last Week in Slovakia Video

Slovakia to buy 14 American fighter jets.

This archive picture from 2014 shows an older model of the F-16 fighter jets.