CSR and sustainable development

Capitalism and the role of private enterprise are currently being questioned across the world, particularly after the last year's economic meltdown and the current economic recession, which has gripped the world. Criticism, which appears largely valid, focuses on the factors that led to the current crisis.

There is now widespread acceptance of the fact that a lack of effective regulation of private sector activity combined with unethical decisions at the leadership level in the corporate sector have been the main cause of the current impasse.

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