CSR- A Real Thanks Giving for the People

  • P Jeyabharathy Research scholar, Department of Management Studies, Madurai Kamaraj University, Madurai
Keywords: CSR, multinational, Strategic management, stakeholder, social responsibility, industrialisation, untouchability

Abstract

Corporate social responsibility is a form of corporate self-regulation integrated into a business model. CSR policy functions as a built -in, self-regulating mechanism whereby a business monitors and ensures its active compliance within the spirit of the law, ethical standards, and international norms. CSR is a process with the aim to embrace responsibility for the company's actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere who may also be considered as stakeholders.

Published
2014-10-27
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