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BUS 330: Corporate Responsibility and Law: Getting Started

Resources to support your research in Corporate Responsibility and Law

Setting the Stage

Defining Corporate Social Responsibility

"Corporate Social Responsibility is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders. CSR is generally understood as being the way through which a company achieves a balance of economic, environmental and social imperatives (“Triple-Bottom-Line- Approach”), while at the same time addressing the expectations of shareholders and stakeholders. In this sense it is important to draw a distinction between CSR, which can be a strategic business management concept, and charity, sponsorships or philanthropy. Even though the latter can also make a valuable contribution to poverty reduction, will directly enhance the reputation of a company and strengthen its brand, the concept of CSR clearly goes beyond that."

United Nations Industrial Development Organization

 

Social Sciences Liaison Librarian

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Andrea Klyn
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