Which of the following is not typically considered an element of Corporate Social Responsibility?

Profit maximization is not typically considered an element of Corporate Social Responsibility (CSR) because CSR focuses on a company's commitment to operate ethically and contribute to the well-being of society at large, beyond just financial performance. While profit is essential for business sustainability, CSR emphasizes the importance of fulfilling ethical obligations, social causes, and the welfare of stakeholders, rather than solely concentrating on the financial bottom line.

Legal compliance, philanthropy, and shareholder relations all play significant roles in a comprehensive CSR strategy. Legal compliance ensures that a company adheres to laws and regulations, which is fundamental to responsible business practices. Philanthropy reflects a company's commitment to giving back to the community, enhancing its social impact. Shareholder relations involve transparent communication and engagement with those who have a financial stake in the company, balancing their interests with ethical obligations. In contrast, profit maximization focuses narrowly on financial gain, rather than the broader responsibilities that define CSR.