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Essay / The Importance of Corporate Leadership - 1504
Werner (2009) highlights that corporate social responsibility (CSR) initiatives can have a positive impact on social status, earning potential, access to services and resources for socially excluded populations. . Socially responsible leaders can influence the organization and the environment around it in positive ways. There is evidence that organizations such as Enron are seen as unethical and a negative factor for the economy. The perception of an organization led by a socially responsible leader can help improve a poor economy. Werner points out: CSR aims to solve a problem by addressing any negative impacts on the value chain while supporting business strategy and community needs. CSR can be an effective strategic tool for creating a positive corporate image.