Since the industrial revolution, a certain amount of tension has existed between business and society over the economic benefits provided by business and perceived negative consequences of business activity (Dooley, Robert S. & Lerner, Linda D., 1994, pg.702). Management now regularly faces decisions that have a dimension of social responsibility (Robbins, Stephen P., Bergman, R., Stagg, I., Coulter, M., 2003, pg 136). Being a socially responsible company has been such a big issue for many businesses. It might sway the financial performance of the company either positively or negativel…
