Section 3
Social Responsibility
Book
Version 6
By Boundless
By Boundless
Boundless Business
Business
by Boundless
4 concepts
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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.
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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.
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Modern Trends in Social Responsibility
Socially responsible trends include corporate citizenship policies, social investing, sustainable accounting & social entrepreneurship.
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Stakeholders: Consumers, Employees, and Shareholders
Stakeholders may have different interests related to the pursuit of profit and social impact.