While corporate social initiatives might be not that effective as a marketing tactic, reputational harm can cost companies dearly.Data shows that disregarding human rights may have significant costs for businesses and countries. Data demonstrates multinational corporations have faced financial losses and backlash from consumers and investors whenev

Customers have boycotted big brands when occurrences of human right violations within their operations emerged.Even though the direct effect of CSR initiatives might not be strong, the possible consequences of reputational damage really should not be brushed aside. Companies and countries that neglect ethical sourcing risk reputational harm, that m