Knowledge@Australian School of Business

Corporate Social Responsibility: A Fig Leaf for Capitalism or Path to a Better World?


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Australian tobacco companies tick all the corporate social

responsibility (CSR) boxes on their websites. Yet recent court actions
against plain packaging of cigarettes suggest profits take precedence
over harm reduction – and the companies are continuing their fight with
an appeal to the World Trade Organisation. The profit motive can feed
criticism that CSR is a marketing exercise. Ajnesh Prasad, from the
Australian School of Business, questions whether some corporations are
using CSR as a means to enhance their bottom lines rather than for
social good.

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