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Read the following passage and answer the questions based on the passage: What is the role of legislation in CSR according to the passage?

AIt promotes shareholder profits

BIt enforces minimum standards

CIt abolishes business taxes

DIt restricts competition

Answer:

B. It enforces minimum standards

Read Explanation:

According to the Passage: The text discusses how governments use laws to ensure companies fulfill social responsibilities rather than leaving it as optional charity. It states: "In some jurisdictions, like India, CSR has been legislated, mandating certain profit thresholds to be reinvested into socially beneficial projects, thereby institutionalizing moral capitalism." Requiring companies to meet specific profit thresholds for social spending acts as an enforced minimum standard for corporate participation in societal welfare.


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