uykf

577 Words2 Pages
bulb-icon

Recommended: The nature of sustainable development

Definition of CSR
Nowadays corporate social responsibility (CSR) is playing an increasingly important role in discussions of branding and corporate strategy.
CSR began its evolution from the definition of sustainable development and the concept of the Triple Bottom Line (TBL) elaborated by John Elkington. The author proposed that business goals were inseparable from the societies and environments within which they act. A business can achieve short-term economic gain, but a failure to account for social and environmental dimensions would result in making those business practices unsustainable (Elkington, 1999). Then the concept of CSR began to actively evolve and many views on what CSR should be emerged. As a result for the present moment there is ambiguity as to how CSR should be defined. Different authors of academic literature and different companies consider CSR with small or even big differences.
For instance, CSR is defined by the European Commission very broadly as “the responsibility of enterprises for their impacts on society” (European Commission, 2014).
World Business Council for Sustainable Development (WBCSD) defines CSR as “the continuing commitment by business to contribute to economic development while improving the quality of life of the workforce and their families as well as of the community and society at large." (WBCSD, 2014) +ЕЩЕ КАКИЕ-НИБУДЬ ОПР стащить
It is easy to get lost among numerous definitions of CSR. Dahlsrud in his article notice the following: “Some go as far as saying ‘We have looked for a definition and basically there isn’t one’. This is not quite true; the problem is rather that there is an abundance of definitions, which are often biased toward specific interests and thus prevent the developmen...

... middle of paper ...

... Defined: an Analysis of 37 Definitions. Corporate Social Responsibility and Environmental Management, issue 15, 1-13.
Elkington, J. (1999). Cannibals with Forks: The Triple Bottom Line of 21st Century Business. Oxford: Capstone Publishing.
European Commission. (2014). Corporate Social Responsibility (CSR). Retrieved from European Commission Site: http://ec.europa.eu/enterprise/policies/sustainable-business/corporate-social-responsibility/index_en.htm
Viriyavidhayavongs, V., & Yothmontree, S. (2002). The Impact of Ethical Considerations in Purchase Behavior: a propaedeutic to further research. ABAC Journal Vol. 22, No.3, 1 - 15.
WBCSD. (2014). World Business Council for Sustainable Development. Получено из Web-site of 'World Business Council for Sustainable Development': http://www.wbcsd.org/work-program/business-role/previous-work/corporate-social-responsibility.aspx

Show More
Related

  • Adam Lindgreen And Valerie Swaen's Article: Corporate Social Responsibility

    881 Words  | 2 Pages

    CSR is used as an ideological approach that implements ethical considerations in order to encourage

    Read More

  • Corporate Social Responsibility Analysis Of Tom's Company

    1027 Words  | 3 Pages

    Corporate social responsibilities (CSR) have a different meaning in different company but in my view CSR is the concept which is the ability one of the companies can do for society. As the company responsibilities toward the society and environment in the way operate their business. CSR is about how companies manage the business processes to produce an overall positive impact on society. CSR also known as a “corporate citizenship” and with do that CSR is not provide an immediate financial benefit to the company but promote positive social and environmental change. (www.investopedia.com/terms/c/corp-social-responsibility). CSR is a high profile nation which the business world perceives as a strategic (Economist, 2008; Porter & Kramer, 2006)

    Read More

  • An Analysis Of Corporate Social Responsibility (CSR)

    1416 Words  | 3 Pages

    CSR is additionally a wide, argumentative idea. In the broadest term, CSR manages the part of business in the public arena. From numerous points of view CSR can be viewed as a verbal confrontation, and what is generally being referred to be not whether corporate supervisors have a commitment to consider the necessities of society, however the degree to which they ought to consider these requirements.

    Read More

  • T.J. Maxx CSR

    1886 Words  | 4 Pages

    Corporate Social Responsibility (CSR) is the way a corporation achieves a balance between its economic, social, and environmental responsibilities in its operations so as to address shareholder and other stakeholder expectations. In general, when firms hold this wider encouraging role on the public by being engaged with stakeholders, a variety of profit can be produced for both company and the stakeholders. A key inclination is the combination of Corporate Social Responsibility (CSR) into the organization strategy, culture, mission and communications. By incorporating corporate citizenship into the company it is no longer an additional “nice thing to do” or something made to obey laws or regulations. Instead, corporate responsibility has become something business leaders and workforce want to engage in, frequently because executives who believe in the long-term see business profit. The four types of social responsibilities a...

    Read More

  • The Effects of Corporate Social Responsibility on International Business

    1540 Words  | 4 Pages

    Corporate Social Responsibility (CSR) is the set of regulations that an organization makes to protect and increase the society in which it functions. There are three areas of social responsiblity: Organizational stakeholders, the natural environment and general social welfare.

    Read More

  • General Electric's Corporate Social Responsability

    1774 Words  | 4 Pages

    According to Mike Peng, Corporate Social Responsibility (CSR) is the consideration and response to issues beyond the narrow economic, technical, and legal requirements of the firm to accomplish social benefits along with traditional economic gains the firm seeks. CSR is a way in which a company seeks to achieve a balance between profit, environmental concerns and social imperatives. This is known as the ‘Triple-Botto...

    Read More

  • Corporate Social Responsibility Analysis: Wells Fargo

    958 Words  | 2 Pages

    An organization’s Corporate Social Responsibility (CSR) drives them to look out for the different interests of society. Most business corporations undertake responsibility for the impact of their organizational pursuits and various activities on their customers, employees, shareholders, communities and the environment. With the high volume of general competition between different companies and organizations in varied fields, CSR has become a morally imperative commitment, more than one enforced by the law. Most organizations in the modern world willingly try to improve the general well-being of not only their employees, but also their families and the society as a whole.

    Read More

  • Pros And Cons Of Corporate Social Responsibility

    1485 Words  | 3 Pages

    I begin this essay by defining CSR, there are many definitions for this term by various different theorists, and EU says that CSR is "A concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis." On the other hand, Sloman et al. define it as "The concept in which a firm takes into account is the interests and concerns of a community rather than just its shareholder". Davis and Blomstrom (1966), say it "Refers to a person’s obligation to consider the effects of his decisions and actions on the whole social system". These definitions differ from one another in many ways but they agree that CSR involves taking the environment into account and therefore, one must look take social responsibility.

    Read More

  • Best Eco Friendly Hotel Case Study

    1722 Words  | 4 Pages

    Since the 1900s, Corporate Social Responsibility (CSR) has been a developing trend in the hospitality industry and until today is one of the pillars in many of the corporations’ public relations tool.

    Read More

  • Case Study Of Smoothie Fruit Company

    2785 Words  | 6 Pages

    CSR is a concept where company involves in social and environmental in their business operations. This is done to achieve a balance of economic, environmental and social obligations.in simple terms giving a hand for those who are not capable of achieving with their objectives and attending to them so that they could make those objectives a reality. This could improve organizations cooperate image which would also leads to attain a high market share.

    Read More

  • Corporate Social Responsibility (CSR) In an Organization

    1830 Words  | 4 Pages

    Since it is a rising issue in worldwide businesses nowadays, the concept of social responsibility (sometimes called corporate social responsibility, abbreviated as CSR, or corporate citizenship, triple-bottom line, social enterprise, and corporate governance, etc.) should be defined precisely. Griffin & Pustay (2013, p. 121) suggested that CSR is “a set of obligations an organization undertakes to protect and enhance the society in which it functions.” In other words, CSR is perceived as a social role that an organization is expected to play or an evaluation standard on how well a company manages their economic, social, and environmental influences. Hence, companies are facing rising demands to exercise their social responsibility toward their stakeholders such as employees, consume...

    Read More

  • Corporate Social Responsibility has Risen to Prominence

    583 Words  | 2 Pages

    There are now several concepts of CSR and its definition, along with the meaning across corporations. In my opinion, and according with our textbook in page 11. CSR is about a particular set of business and strategies that deal with social issues. In addition, we can clearly perceive that CSRs application along corporations has increase in the past decade due to the several local, and international regulations in order to enforce business to act responsible.

    Read More

  • Corporate Social Responsibility

    1916 Words  | 4 Pages

    The classical view of CSR is a prominent ideology which business organizations are seen merely as profit-driven organizations. Simply put, businesses work for the sole purpose of making a profit. Thus, this profit motive is the sufficient and unique social identifier that separates a business organization from other institutions in society. These business organizations have a limited, yet essential role in society. Social concerns are considered important, but businesses, in the classical view, are focused solely on the economic activities and are judged accordingly. By having a limited role in society (i.e.,...

    Read More

  • The Importance Of Social Business

    1133 Words  | 3 Pages

    CSR is a company’s sense of responsibility towards the community and environment both ecological and social as well as ethical in which it operates. CSR includes some values like risk management, corporate philanthropy etc. the actual goal of CSR in not directly social well-being centric; but promoting sustainable business models, compliance and providing funds- which are revolving around their ultimate goal – profit making, when social business has social objectives in its core.

    Read More

  • Views on Corporate Social Responsibility

    1003 Words  | 3 Pages

    While the concept of an individual having responsibility is commonly recognized, modern views have lead to the emerging issue of corporate responsibility. Business Directory.com defines corporate social responsibility as, “A company’s sense of responsibility towards the community and environment (both ecological and social) in which it operates. Companies express this citizenship (1) through their waste and pollution reduction processes, (2) by contributing educational and social programs, and (3) by earning adequate returns on the employed resources.” But such a concept has been much disputed since at least the 1970’s.

    Read More

More about uykf

Open Document