Analysis of the comparison of Conscious Capitalism with Corporate Social Responsibility

Description Often, community events are sponsored by corporations who claim that the reason they are involved is “to give back” to the community. However, on page 37 of Conscious Capitalism: Liberating the Heroic Spirit of Business, Mackey and Sisodia state, “A good business doesn’t need to do anything special to be socially responsible.” In fact, a publically owned company is owned by shareholders, not the CEO. Any donated money is not the CEO’s personal fortune to do with as he pleases. If he tried to spend corporate money on himself, most would call that stealing. So, what is the rationale for corporate spending on these community events? Additionally, please be sure to include an analysis of the comparison of Conscious Capitalism with Corporate Social Responsibility. Define each and demonstrate their similarities and differences. Mackey and Sisodia argue that Conscious Capitalism is a superior approach. Do you agree or disagree? Explain your findings in an Executive Summar


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