2014 | OriginalPaper | Chapter
6. Corporate Social Responsibility: Can Companies Make a Difference?
Authors : Shashank Shah, V. E. Ramamoorthy
Published in: Soulful Corporations
Publisher: Springer India
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Abstract
Corporate Social Responsibility means something but not always the same thing to everybody. To some it conveys the idea of legal responsibility or liability; to others it means socially responsible behaviour in the ethical sense; to still others the meaning transmitted is that of ‘responsible for’ in a causal mode; many simply equate it with a charitable contribution; some take it to mean socially conscious; many of those who embrace it more formally see it as a mere synonym for legitimacy in the context of belonging or being proper or valid; a few see a sort of fiduciary duty imposing higher standards of behaviour on businessmen than on citizens at large.