Essay on Corporate Social Responsibility : Csr

1867 Words May 1st, 2016 8 Pages
Corporate Social Responsibility has become popular in the past decade, however it is in consideration from long time. CSR means that organization’s moral, ethical and philanthropic responsibilities towards the society in addition to its responsibility towards investors by earning good return on their investments. According to traditional view of corporate, the primary responsibility of business is towards its owners and stock holders. However, CSR consider a broader view of the business responsibilities. It includes many aspects like workers, suppliers, customers, society, government and environment. In other words, the responsibility of organization towards every area affected by it means towards all the stakeholders. CSR is different but related with business ethics. “As a result, one can assume that these stages tent to encourage eco-initiatives, which, in aggregate, contribute to collective goals such as the preservation of ecosystems and the welfare of the future generations. Although this assumption has not been measured and validated, it is consistent with the theoretical and empirical literature on the relationships between consciousness development and environmental leadership.”(Boiral et al. 2014, Rogers 2012).

In the above diagram, various departments are shown for whom a business has responsibilities.
I choose the articles about CSR which gives me the broader view of the concept, its applicability to the company towards performing is social responsibility.…

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