People and Organizations: Principles and Practice in Global Contexts
The importance of Corporate Social Responsibility (CSR) Source: http://www.sguardian.com Some organizations do their business ethically, social friendly & beneficially for the society. All organizations should be contributed to economic development of the country, its environment, quality of working life & local society while growing individually & acting ethically. CSR is a concept, which considers the society by taking responsibility for the results of their transactions on clients, dealers, share holders & environment. Behavior of CSR has been identified differently in different places & interpreted differently by different people (Boxenbaum, 2004). Kotler & Lee (2005) has been explained CSR as a commitment to enhance the well being of community through business practices & contribution of corporate resources. CSR project gives lot of benefits to the organization (Hillman & Keim, 2001). These benefits are enhanced the reputation of the c...