What is Corporate Social Responsibility Google Scholar?
What is Corporate Social Responsibility Google Scholar?
[Crossref], [Web of Science ®], [Google Scholar]). In some definitions, CSR refers to firm activities that go beyond the law in incorporating social, environmental, ethical, and consumer concerns into their business operations to create shareholder and stakeholder value (Bénabou & Tirole, 2010. (2010).
What are the 4 types of corporate social responsibilities?
Corporate social responsibility is traditionally broken into four categories: environmental, philanthropic, ethical, and economic responsibility.
- Environmental Responsibility.
- Ethical Responsibility.
- Philanthropic Responsibility.
- Economic Responsibility.
What is meaning of Corporate Social Responsibility?
Corporate Social Responsibility is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders.
What are the 6 principles of Corporate Social Responsibility?
In addition to the core subjects, ISO 26000 also defines seven key principles of socially responsible behavior:
- Accountability.
- Transparency.
- Ethical behavior.
- Respect for stakeholder interests.
- Respect for the rule of law.
- Respect for international norms of behavior.
- Respect for human rights.
What are the 3 essence of CSR?
It is therefore imperative to be able to identify such activity and we take the view that there are three basic principles which together comprise all CSR activity. These are: Sustainability; • Accountability; • Transparency.
Why is CSR important?
Conclusion. CSR is an essential aspect of any business. Not only does it enable businesses and organizations to connect with customers, but it also creates a space for corporations to engage with the world around them in a positive way.
What are the five components of CSR?
Generally, corporate social responsibility initiatives are categorized as follows:
- Environmental responsibility.
- Human rights responsibility.
- Philanthropic responsibility.
- Economic responsibility.
What are five corporate social responsibilities?
Generally, corporate social responsibility initiatives are categorized as follows:
- Environmental responsibility.
- Human rights responsibility.
- Philanthropic responsibility.
- Economic responsibility.
- Stronger brand image, recognition, and reputation.
- Increased customer loyalty and sales.
- Operational cost savings.
