Consulted on social responsibility practices in Peru, economist Baltazar Caravedo Molinari, president of Seguimiento, Análisis y Evaluación para el Desarrollo (Monitoring, Analysis and Evaluation for Development – SASE), states that although social responsibility is very important for development, it is practised only by 1 per cent of Peru’s 40,000 medium and large companies and 2 million small and micro-sized companies.
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