1 / 1

Understanding Corporate Social Responsibility: Beyond Economic Goals

Corporate Social Responsibility (CSR) is the obligation of firms to pursue long-term goals that benefit society, not just their economic interests. This responsibility extends to all stakeholders, including shareholders, employees, suppliers, customers, and the broader community. Businesses must act ethically, guiding their decisions based on what is considered morally right. By integrating ethical practices, companies can contribute positively to society, enhancing their reputation and fostering loyalty among consumers and employees alike.

halden
Télécharger la présentation

Understanding Corporate Social Responsibility: Beyond Economic Goals

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Corporate Social Responsibility  obligation for a firm to pursue long-term goals that are good for society (not only economic goals)  obligation to all stakeholders, not just shareholders = person, group, organization or system who influences or is affected by a company's action - shareholders - employees - government - society - creditors broader list: - suppliers - trade unions - customers - schools …….. narrowly defined: A socially responsible firm must also act ethically  business ethics ethics is about morally correct behaviour (question: what is right/wrong?)

More Related