Philenews

What a Discovery This Corporate Social Responsibility Is

Published January 11, 2026, 10:17
What a Discovery This Corporate Social Responsibility Is

The article discusses the concept of Corporate Social Responsibility (CSR) in Cyprus and the criticism it receives. While CSR is a European practice that encourages companies to contribute to society, in Cyprus it appears to have been distorted, used as a pretext for collusion between power and businesses. The author points out that the European CSR strategy is more comprehensive and includes the integration of social, environmental, and ethical aspects into business strategy, while in Cyprus it is often limited to simple charitable donations. It criticizes the government for promoting CSR as a means of attracting investment, implying that this could lead to unethical practices.