Corporate Social Responsibility : Csr

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The notion of Corporate Social Responsibility is a phenomenon globally known for many years. In spite of the fact that CSR has been neglected for quite a long time, nowadays several authors deal with this issue, as revealed by the development of theories in recent years concerning the topic. In spite of the fact that there has been a huge growth of literature it is still impossible to simply define CSR. Many definitions trying to capture the concept of CSR exist, but their content varies (Matten & Moon, 2008). The principal idea of CSR is that organisations should agree that they play more than just an economic role in society. This means an interest to take liability not only for activities and impact in business, but additionally, responsibility for their influence on society and environment (Robins, 2008). Economic Area: It incorporates the developing of a code of ethics or alike document, transparent conduct, the adoption of principles in Corporate governance, anti-corruption policy, etc. (Putnová & Seknička, 2007). Social Area: For instance it includes, continuous dialogue and corporation with stakeholders, equal opportunities, development of human capital, respect for human rights in the workplace, etc. (Putnová & Seknička, 2007). Environmental area: It incorporates formation of environmental policies centred on safeguarding natural resources and ecological production, etc. (Putnová & Seknička, 2007). As CSR is a part of the business activity, we can differentiate
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