Difference between revisions of "Corporate Social Responsibility (CSR)"
(Created page with "Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable — to itself, its stakeholders, and the public. By prac...") |
m (The LinkTitles extension automatically added links to existing pages (https://github.com/bovender/LinkTitles).) |
||
| Line 1: | Line 1: | ||
| − | Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable — to itself, its stakeholders, and the public. By practicing corporate social responsibility, also called corporate citizenship, companies can be conscious of the kind of impact they are having on all aspects of society including economic, social, and environmental. To engage in CSR means that, in the normal course of business, a company is operating in ways that enhance society and the environment, instead of contributing negatively to it.<ref>Definition of Corporate Social Responsibility (CSR) [https://www.investopedia.com/terms/c/corp-social-responsibility.asp Investopedia]</ref> | + | Corporate social responsibility (CSR) is a self-regulating [[business]] [[model]] that helps a company be socially accountable — to itself, its stakeholders, and the public. By practicing corporate social responsibility, also called corporate citizenship, companies can be conscious of the kind of [[impact]] they are having on all aspects of society including economic, social, and environmental. To engage in CSR means that, in the normal course of business, a company is operating in ways that enhance society and the environment, instead of contributing negatively to it.<ref>Definition of Corporate Social Responsibility (CSR) [https://www.investopedia.com/terms/c/corp-social-responsibility.asp Investopedia]</ref> |
Revision as of 14:54, 6 February 2021
Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable — to itself, its stakeholders, and the public. By practicing corporate social responsibility, also called corporate citizenship, companies can be conscious of the kind of impact they are having on all aspects of society including economic, social, and environmental. To engage in CSR means that, in the normal course of business, a company is operating in ways that enhance society and the environment, instead of contributing negatively to it.[1]
References
- ↑ Definition of Corporate Social Responsibility (CSR) Investopedia