Corporate Social Responsibility : Benefit, Current Status and Future Trend

概要

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The objective of this paper is to review the current status and future trend of corporate social responsibility concept practiced by companies. In doing so, the term corporate social responsibility is defined with the regulations governing it. Then the benefits of performing such responsibilities are elaborated. Finally, the role of the public sector is discussed in assisting the business firms for practicing social responsibility. The examination of various available literatures revealed that, investing in social responsibility activities pays the firm in terms of improved brand image, skilled and motivated employees, better risk management etc. Finally, this paper concluded that, social responsibility compliance and stockholders value are not mutually exclusive tasks, rather they compensate each other in achieving the ultimate goal of sustainable economic development.
長崎大学の論文
2006-12-25