Buch, Englisch, Band V211341, 20 Seiten, Booklet, Format (B × H): 148 mm x 210 mm, Gewicht: 72 g
Reihe: Akademische Schriftenreihe
Buch, Englisch, Band V211341, 20 Seiten, Booklet, Format (B × H): 148 mm x 210 mm, Gewicht: 72 g
Reihe: Akademische Schriftenreihe
ISBN: 978-3-656-39639-0
Verlag: GRIN Verlag
Corporate Social Responsibility can be defined as a form of corporate self-regulation and principles incorporated into a business model and stratagem. If possible, CSR policy should be a system that functions autonomously and is simply integrated in the corporation. In the agenda of this policy the organisation is expected to oversee and pledge the adherence of law, ethical standards, and domestic and global norms (Bulkeley, pp. 430-432). Here an organisation should be held responsible for impact of its activities on the environment, clients, stakeholders, employees and the community at large. Additionally, the organisation must enthusiastically support the general public to eradicate practices that hurt populace, in spite of legality or productivity. Generally, corporate social responsibility must be based on three "P principles", that are: People, Planet, and Profit (Friedman).
Corporations are generally inclined to adopt CSR policies by "ethical consumerism" that is particularly apposite nowadays when our planet is so vulnerable to among others; financial, health and environmental challenges. Other notable driver's are laws and regulations, market forces and stakeholder precedence.