Corporate social responsibility

A business outlook that acknowledges responsibilities to stakeholders not traditionally considered, including suppliers, customers, and employees, as well as the local and international communities and their natural environments in which the business operates. As a major part of society, businesses must become more accountable for every aspect of life, work, and the environment upon which their policies and practices have an impact.

corporate social responsibility

a business philosophy which stresses the need for firms to behave as good corporate citizens, not merely obeying the law but conducting their production and marketing activities in a manner which avoids causing environmental pollution or exhausting finite world resources. Some businesses have begun to behave in a more socially responsible manner, partly because their managers want to do so, and partly because of fear of environmentalist and consumer pressure groups and the media, and concern for their public image. It is argued that socially responsible behaviour can pay off in the long run, even where it involves some short-term sacrifice of profit. See CONSUMERISM, COMPANY IMAGE, CORPORATE GOVERNANCE.

单词	corporate social responsibility
释义	DictionarySeeresponsibility Corporate social responsibility Corporate social responsibility A business outlook that acknowledges responsibilities to stakeholders not traditionally considered, including suppliers, customers, and employees, as well as the local and international communities and their natural environments in which the business operates. As a major part of society, businesses must become more accountable for every aspect of life, work, and the environment upon which their policies and practices have an impact. LegalSeeResponsibility corporate social responsibility corporate social responsibility a business philosophy which stresses the need for firms to behave as good corporate citizens, not merely obeying the law but conducting their production and marketing activities in a manner which avoids causing environmental pollution or exhausting finite world resources. Some businesses have begun to behave in a more socially responsible manner, partly because their managers want to do so, and partly because of fear of environmentalist and consumer pressure groups and the media, and concern for their public image. It is argued that socially responsible behaviour can pay off in the long run, even where it involves some short-term sacrifice of profit. See CONSUMERISM, COMPANY IMAGE, CORPORATE GOVERNANCE. AcronymsSeeCSR
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