Corporate Social Responsibility: What Is Corporate Social Responsibility?

Corporate Social Responsibility (CSR) is defined as the voluntary activities undertaken by a company to operate in an economic, social and environmentally sustainable manner.

Firstly, I would like to explain what Corporate Social Responsibility is. “It is a company’s sense of responsibility towards the community and environment (both ecological and

Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large. (World Business Council for Development, 2016)

Corporate Social Responsibility are actions taken by a corporation that have positive and lasting impact for all stakeholders associated with the organization, seeking to strike a balance between profits and helping to establish lasting investment in the community (Carrol, 2015). In the 1980’s, then President Reagan challenged the business community to take on more responsibility to address social problems (Carrol, 2015). Socially responsible actions can benefit local communities as well as the greater societal good.

Corporate social responsibility is the responsibility a company takes on beyond its own economic benefit. Wikepedia (2006) states that it is "a company 's obligation to be sensitive to the needs of all of the stakeholders in its business operations" (Corporate social responsibility, para. 1). Stakeholders according to Wikepedia (2006) are all entities that might have influence on a company 's decisions. However, it should be pointed out that corporate social responsibility surpasses charitable donations and

The definition of corporate social responsibility is when a business takes responsibility for the impact it leaves whether it be bad for the environment, customers or anything involving society. Social responsibility is the concept of businesses not just focusing on maximizing profit but also trying to maintaining a positive image for the business. A main concept for social responsibility is “do unto others as you would have them do unto you”. Not a hard concept to grasp. You basically need to act how your parents taught you to as kids, treat people how you want to be treated. Just add having good business sense and you have a potentially promising future in the corporate world. The company could be doing this

On businessnewsdaily.com, Sammi Caramela defines corporate social responsibility as corporate initiatives that have beneficial outcomes for society. (Caramela, June 27, 2016). These initiatives fall into a broad range of categories such as ethical practices in labor, volunteerism, philanthropy and environmental responsibility. There are many ways, within these broad areas, where a company has the ability to have a positive impact. Not only do these programs benefit others, they also benefit the company as well. Good corporate social responsibility programs help increase the reputation and trustworthiness of the companies with established

CSR Stands for: The Corporate Social Responsibility means that any company has the responsibility toward the community such as any social organization, more you work on CSR the more you will build trust and sustainable relationship with people.

Corporate social responsibility is a commitment to improve community well-being through discretionary business practices and contribution of corporate resources. If you are employee in the company, it just likely that you are a manager or employee that have responsible for job scope. But, for corporate social responsiblility it is intended to make corporate managers, executives and the employess to work in surrounding of social issues and causes to support and making recommendations on which one to reject. The duty of every corporate management is to protect the welfare and interest of the society at large. Eventhough, earning profit, initiative fore welfare of the societ

Corporate social responsibility emphasizes the participation of the organization in a larger society and its responsibility to support good causes. It emphasizes corporate citizenship, philanthropy, and community support and recognizes community-based obligations and responsibilities.

CORPORATE SOCIAL RESPONSIBILITY (CSR) is a term describing a company’s obligation to be accountable to all of its stakeholder in all its operation and activities. Socially responsible companies consider the full scope of their impact on communities and the environment when making decisions, balancing the needs of stakeholder with their need to make profit.

Through Corporate Socially Responsibility, a company voluntarily operates the corporation economically, legally, ethically, and philanthropically. The organization makes sure that each employee is critical and running operations morally. Most companies that operate in this manner tend to be quite successful because if the company were to manage irresponsibly, it would affect the business tremendously. Engaging in Corporately Social

Snider, Hill and Martin. (2003) stated that “ CSR may be defined in general terms as "the obligation of the firm to use its resources in ways to benefit society, through committed participation as a member of society, taking into account the society at large and improving welfare of society at large independent of direct gains of the company" (as cited in Kok et al., 2001, p. 288). Since the growth of the corporations depend on the societal factors, corporations should be responsible for the society for the corporation’s own benefit in the long run. “The Corporate Social Responsibility (CSR) construct describes the relationship between business and the larger society” (Snider et al., 2003). According to The Wall Street Journal (2013),

Supply Chain Responsibility is or at least should be part of a company’s Corporate Social Responsibility (CSR) strategy. CSR is a strategy that managers use to monitor, maintain, and often times improve the environmental and social impacts of their companies as well as how they interact with all of their stakeholders not just the shareholders for which their operations effect. Managers should use their CSR plains to balance the expectations of their often competing stakeholders with their environmental, social, and economic goals. Some fundamental CSR concerns are stakeholder engagement, environmental impact, responsible sourcing of raw materials, standards and working condition of the labor force, social and gender equity as well as good governance and anti-corruption control. CSR approaches focus on what is called a Triple Bottom Line for measurable results. The three measures are profit which is the economic value that a company creates, social which is the how the company treats its labor force and the communities for which it operates in and environmental which is how the company is engaged in the creation and application of sustainable practices that produce reductions or eliminates environmental impacts.

Corporate Social Responsibility is described in regards to the Japanese's Internet market, Yahoo Japan Corporation (the Company) along with its consolidated subsidiaries and affiliates (the Yahoo Japan Group) to involve a full commitment on their part to the realization of an Internet environment that is characterized by safety, security and harmonious "with the expectations and needs of society." P38)