How To Write Paper On Crime This obligation is seen to extend beyond the statutory obligation to comply with legislation and sees organizations voluntarily taking further steps to improve the quality of Write for employees and their families as well as for the local community and society at large. The debate about CSR has been said to continue reading begun in the early 20th century, amid Responsibility concerns about large corporations and their power. Some companies may implement CSR-type values without a clearly defined team or programme. The business case for CSR within a company will likely rest on one or How of these Social A CSR programme can be seen as an aid to recruitment and, particularly within the About graduate student market.
Essay: Corporate social responsibility and sustainability
Corporate Social Responsibility (CSR) Free Essay Example
Corporate social responsibility CSR can be defined as the "economic, legal, ethical, and discretionary expectations that society has of organizations at a given point in time" Carroll and Buchholtz , p. The concept of corporate social responsibility means that organizations have moral, ethical, and philanthropic responsibilities in addition to their responsibilities to earn a fair return for investors and comply with the law. A traditional view of the company and how it works implies the organizations sole responsibility is to the shareholders, who are the owners of the company, the people who have invested the money so as to earn a return on their investment. Corporate social responsibility suggests that organizations duty is just not only to its shareholders, but also the other stakeholders of the corporation. The stakeholders of the company include suppliers, the local community, and the employees of the corporation, the state, the consumers, environmental groups and various other special interest groups of the company.
This page of the essay has words. Download the full version above. Businesses do not exist in isolation of their immediate community and beyond, they create products and services to serve their needs for the purpose of profit making.
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