Abstract
The final section will discuss the issue of corporate social responsibility (CSR). CSR goes beyond the legal and regulatory requirements. However, the tobacco companies have used CSR to enhance their image within the market. It will be argued that the marketing of a lethal product cannot be reconciled with the concept of CSR. According to the WHO (World Health Organization Technical manual, 2010), tobacco companies have tried to prevent the implementation of health policies. WHO’s FCTC intends to protect the political decision-making process from vested interests. It is argued that as tobacco is one of the deadliest products, nicotine should come under a similar regulatory framework as other drugs.
Keywords
- Corporate social responsibility (CSR)
- Marketing
- Regulatory framework
- Vested interests
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Joshua, J. (2017). Corporate Social Responsibility and Social Costs. In: The Economics of Addictive Behaviours Volume I. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-46960-7_8
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DOI: https://doi.org/10.1007/978-3-319-46960-7_8
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