Section 3
Social Responsibility
Book
Version 6
By Boundless
By Boundless
Boundless Business
Business
by Boundless
4 concepts
A Brief Definition of Corporate Social Responsibility
Social responsibility is the duty of organizations and individuals to act in ways that benefit society and/or the environment.
Early Efforts in Social Responsibility
Social responsibility is the idea that an entity needs to act in a way that balances its own gain with societal benefits.
Modern Trends in Social Responsibility
Socially responsible trends include corporate citizenship policies, social investing, sustainable accounting & social entrepreneurship.
Stakeholders: Consumers, Employees, and Shareholders
Stakeholders may have different interests related to the pursuit of profit and social impact.