Advantages and Disadvantages of CSR - What is Corporate Social Responsibility (CSR)
so what are disadvantages of CSR
Increased costs: Implementing CSR initiatives can lead to higher operational costs, which may impact profitability in the short term.
Potential for greenwashing: Companies may engage in CSR activities superficially, leading to skepticism among consumers about their genuine commitment to social responsibility.
Resource allocation: Focusing on CSR may divert resources away from core business functions and priorities, potentially hindering overall performance.