Corporate social responsibility and Corporation: Difference between pages

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(CSR).
An entity formed by a group of individual people which has a separate legal identity from the individuals.
 
Frequently, but not always, corporations are established for the purposes of undertaking particular business activities.
''Corporate governance''.
 
A form of corporate self-regulation integrated into a business model.  
 
Ideally, CSR policy is a built-in, self-regulating mechanism where the business or other organisation  monitors and ensures its adherence to law, ethical standards, and international norms.
 
The organisation embraces responsibility for the impact of its activities on the environment, consumers, employees, communities, other stakeholders and all other members of the public sphere. The organisation also proactively promotes the public interest by encouraging community growth and development, and voluntarily eliminating practices that harm the public sphere.
 
 
All this means both (1) adherence to existing laws and (2) going significantly better than the minimum standards required by law.


In the UK more commonly known as a 'company'.


== See also ==
== See also ==
* [[Corporate governance]]
* [[Company]]
* [[ESG investment]]
* [[Multinational corporation/company]]
* [[Ethics]]
* [[Greenwash]]
* [[Sustainability]]


[[Category:Corporate_Strategy]]
[[Category:Regulation_and_Law]]

Revision as of 16:27, 18 June 2013

An entity formed by a group of individual people which has a separate legal identity from the individuals. Frequently, but not always, corporations are established for the purposes of undertaking particular business activities.

In the UK more commonly known as a 'company'.

See also

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