On Corporate Social Responsibility

On Corporate Social Responsibility

The concept of Corporate Social Responsibility was initiated by Oliver Sheldon in 1924. It means that the directors of the company comply to the philanthropy principle, in order to fulfill the company¡¯s social responsibility, by which the company can solve some social problems but it cannot obtain profits itself directly from the actions. The aim of the company¡¯s existence is not only making money but also increasing the social benefits of all the interested parties besides the shareholders.
Corporate Social Respo...