corporate social responsibility



A company’s sense of responsibility towards the community and environment (both ecological and social) in which it operates. Companies express this citizenship (1) through their waste and pollution reduction processes, (2) by contributing educational and social programs, and (3) by earning adequate returns on the employed resources. See also corporate citizenship.

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  • Many organizations have learned that corporate social responsibility not only benefits their surrounding community but it can also be good for business by helping the company grow and addressing shareholder concerns.

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