Corporate social responibility and its role in community development: An international perspective

Corporate social responsibility (CSR) refers to strategies corporations or firms conduct their business in a way that is ethical, society friendly and beneficial to community in terms of development. This article analyses the meaning of CSR based on some theories available in literature. It is argue...

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Main Author: Ismail, Maimunah
Format: Article
Language:English
English
Published: The Journal of International Social Research 2009
Online Access:http://psasir.upm.edu.my/id/eprint/7444/1/Corporate%20social%20responibility%20and%20its%20role%20in%20community%20development.pdf
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author Ismail, Maimunah
author_facet Ismail, Maimunah
author_sort Ismail, Maimunah
collection UPM
description Corporate social responsibility (CSR) refers to strategies corporations or firms conduct their business in a way that is ethical, society friendly and beneficial to community in terms of development. This article analyses the meaning of CSR based on some theories available in literature. It is argued that three theories namely utilitarian, managerial and relational theories of CSR supported by works of other scholars in the area could be used to suggest that CSR becomes an international concern due to globalized nature of business that knows no border. CSR is evolving in its meaning and practice. The article then discusses the role of CSR in community development because the very logic of CSR is towards seeing its impact in community socially, environmentally and economically. Competencies required by CSR managers are also analyzed in order to have a better understanding of the practical aspects of CSR. Finally, conclusions and implications for future research are discussed.
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spelling upm.eprints-74442015-09-29T07:06:34Z http://psasir.upm.edu.my/id/eprint/7444/ Corporate social responibility and its role in community development: An international perspective Ismail, Maimunah Corporate social responsibility (CSR) refers to strategies corporations or firms conduct their business in a way that is ethical, society friendly and beneficial to community in terms of development. This article analyses the meaning of CSR based on some theories available in literature. It is argued that three theories namely utilitarian, managerial and relational theories of CSR supported by works of other scholars in the area could be used to suggest that CSR becomes an international concern due to globalized nature of business that knows no border. CSR is evolving in its meaning and practice. The article then discusses the role of CSR in community development because the very logic of CSR is towards seeing its impact in community socially, environmentally and economically. Competencies required by CSR managers are also analyzed in order to have a better understanding of the practical aspects of CSR. Finally, conclusions and implications for future research are discussed. The Journal of International Social Research 2009 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/7444/1/Corporate%20social%20responibility%20and%20its%20role%20in%20community%20development.pdf Ismail, Maimunah (2009) Corporate social responibility and its role in community development: An international perspective. The Journal of International Social Research, 2 (9). pp. 308-318. ISSN 1307-9581 http://www.sosyalarastirmalar.com/cilt2/sayi9pdf/ismail_maimunah.pdf English
spellingShingle Ismail, Maimunah
Corporate social responibility and its role in community development: An international perspective
title Corporate social responibility and its role in community development: An international perspective
title_full Corporate social responibility and its role in community development: An international perspective
title_fullStr Corporate social responibility and its role in community development: An international perspective
title_full_unstemmed Corporate social responibility and its role in community development: An international perspective
title_short Corporate social responibility and its role in community development: An international perspective
title_sort corporate social responibility and its role in community development an international perspective
url http://psasir.upm.edu.my/id/eprint/7444/1/Corporate%20social%20responibility%20and%20its%20role%20in%20community%20development.pdf
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