The Instrumental View of CSR Advocates Who Are Skeptical of CSR

question 42

Short Answer

The instrumental view of CSR advocates who are skeptical of CSR compliance claims:
a. That firms may not necessarily be sincere.
b. That firms may be compelled to appear to be sensitive to CSR by impression management-in other words, "window dressing."
c. That many firms may chase fads by following what others are doing, while not having truly internalized the need for CSR.
d. That CSR activities simply represent a useful means to help make good profits. Firms are not necessarily becoming more "ethical."
e. All of the above

---

Definitions:

Promissory Note

A financial instrument containing a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.

Banker's Acceptance

A short-term debt instrument issued by a company that is guaranteed by a commercial bank.

Bills Of Exchange Act

Legislation that governs the creation, transfer, and payment of bills of exchange, a type of negotiable instrument.

Negotiable Instruments

Legal documents guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payee's name either mentioned or left blank.