What is CSR?

Corporate Social Responsibility (CSR) is a type of commitment or responsibility that businesses have towards their employees, environment and society as a whole(Hartman, L.P & Desjardins, J., 2008). The basic concept behind CSR is for companies to be responsible in their acts to a wide range of stakeholders. What CSR necessitates is somewhat a puzzling idea to corporations. Some companies believe that CSR stems out of a legal responsibility, which is a policy that is given and determined by law and should be obeyed. Other companies believe that it is an act that should be followed because it is the duty of any reputable and good company.

References

CSR(2007).Google Images.Retrived on November 5,2009 from http://www.philanthromedia.org/archives/CSR.bmp

Hartman, L.P., & DesJardins, J., 2008. Business Ethics: Decision-Making for Personal Integrity & Social Responsibility. (pp: 148-153).