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Corporate social Responsibility

Corporate social Responsibility

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Published by riteshlal

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Published by: riteshlal on Feb 12, 2010
Copyright:Attribution Non-commercial


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Corporate Social Responsibility
Prof. Ritesh Lal
Social Responsibility- Some Definitions…
Corporate Social Responsibility
(CSR), also known as
Corporate Responsibility
Corporate citizenship
esponsible Business
Sustainable Responsible Business(SRB)
, or
corporate social performance
, is a form of corporate self-regulation integrated into a business model.
 “….operating in a manner that meets or exceeds the ethical,legal, commercial and public expectations that society has of business….”Business for social responsibility.
Essentially, CSR is the deliberate inclusion of public interest intocorporate decision-making, and the honoring of a triple bottomline:
People, Planet,and Profit.
Carroll’s Four Part Definition
CSR encompasses the
(Philanthropic)expectations that society has of organizations at a given point of time

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