Some argue that is actually in the long-term best interests of the corporation. This argument, referred to as , is based on the notion that socially responsible corporations benefit by creating for themselves, thus motivating consumers to purchase their products, investors to buy their stock, and lawmakers to grant them further legal advantages.

social responsibility; enlightened corporate self-interest; goodwill.

Explanation:

Corporate social responsibility (CSR) can be defined as a strategic management concept which typically involves socially contributing to the growth and development of the people, community and the world at large. Thus, it's an organization's obligation to act in a manner that benefits and adds significant value to the society, usually it has its business operations.

Some examples of CSR programs are building of roads, provision of electricity, water supply, establishing health care centers, awarding scholarships, etc.

A corporation can be defined as a corporate organization that has facilities and owns or controls assets used for the production of goods and services in at least one country other than its headquarter (home office) located in its home country.

Corporations can be sold to investors through stocks or shares, as a public entity. Thus, a company that engages in the sales of ownership shares to many investors is referred to as a corporation.

Actually, some economists argue that social responsibility is in the long-term best interests of any corporation that is engaged in it. This argument is simply referred to as enlightened corporate self-interest, posits that a corporation that is socially responsible benefit by creating goodwill for itself. Consequently, this would motivate consumers to purchase its products, investors to buy its stock, and lawmakers to grant the corporation further legal advantages.

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.

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