Corporate Social Responsibility ( Csr )

863 Words4 Pages
1.1 Introduction As the dramatically growing of economies and development of technology in the last century. The term of Corporate Social Responsibility appears more often into public’s concerned and it has become a hot issue in recent years. This essay is going to discuss and provide an overview of corporate social responsibility (CSR) by debate some key issue in this area. 1.2 What is Corporate Social Responsibility? In 1953, Bowen’s Social Responsibility of the Businessman firstly discusses the idea of corporate social responsibility. He states the relationship between society and corporations. Bowen believed that company needs to be realised the importance of ethically run the businesses are able to achieve superior performance in long run. The concept of CSR is company operate voluntarily to enhances their legal responsibility for the society, which covers many complex areas, including sustainability, charity, human rights, and environmental friendly. For example, the European commission defines CSR as “a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholder on a voluntary basis”(European Multistakeholder Forum on CSR, 2004:3). Minimize the harm and any negative impact on our environment and society to obtain sustainability by sharing responsibility between stakeholders is what CSR trying to achieve. 1.3 Background of Corporate social responsibility The early rood of
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