Corporate Social Responsibility (CSR) is a form of corporate self-regulation, in which
corporations take actions with the goal of having a positive impact on its stakeholders.
The stakeholders can include customers, employees, communities, the environment, etc.
By adapting the principles of corporate social responsibility, organizations hold themselves
accountable for the impact their actions have on their stakeholders.
- Define corporate social responsibility (CSR) and explain how the concept has been broadened
- Describe the moral and economic arguments for CSR
- Outline the criticisms of CSR
- Explain the role of CSR standards and how CSR is measured
- Recognize the impact on corporations of their CSR performance
- Outline best practices for CSR
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