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Question a) Discuss similarities and differences in disclosure of social responsibility. In the last few decades the main goal of the companies was to make a profit. However, today the situation is changing. Today companies have not only commercial responsibilities such as running a business successfully, generating profits and satisfying shareholders needs but also social responsibilities such as protecting the environment and looking after employees. Social responsibility can be defined as “a company that does not pollute the environment, does not produce unsafe products and provides a healthy and safe workplace, therefore, be classified as social responsible” (Henderson, Peirson 2002, p.30.1). There are three companies such as Australia and New Zealand Banking Group Ltd (ANZ), Westpac Banking Corporation and National Australia has been chosen for discussion of how corporation disclose social responsibilities. All these companies are in banking industry. The internet source was used for gathering such information which can be found on www.library.cqu.au/faculty/business/companyinfo.htm .
Approximate Word count = 600
Approximate Pages = 2.4
(250 words per page double spaced)
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