Firms/organizations are faced with increasingly complex environments today. On the one hand, they have legal responsibility that their profits should be gained within the confines of law. On the other hand, firms/organizations have broader responsibilities for stakeholders other than shareholders. In spite of the traditional paradigms debating whether businesses should implement corporate social responsibility (CSR) activities to the society or not, it is now argued that firms with strategic CSR activities would enable them to formulate better business strategies and decisions, thus enhancing competitiveness and firm performance. Firms of different nature, such as social enterprises, can also contribute to the society with both economic and social values. Thus, students have to extend their understanding of business and its environments using modern concepts of CSR.Half of this course provides an examination of the legal environment of Hong Kong that encompasses a selection of topics in relation to business laws. Another half of the course introduces theories and concepts of CSR as well as business and professional ethics.