Corporate social responsibility of organizations
People and Organizations: The ethical context of HRM, Lecture 10 Corporate Social Responsibility (CSR) is becoming an increasingly important activity for businesses nationally and internationally. As globalization accelerates and large corporations serve as global providers, these corporations have progressively recognized the benefits of providing CSR programs in their various locations. CSR activities are now being undertaken throughout the globe (McWilliams, 2015). The concept of Corporate Social Responsibility (CSR) began in the 1920s; however, due to the Great Depression and World War II, it failed to become a serious topic amongst business leaders until the 1950s. The obligations of business to pursue those policies, to make those decisions or to follow those lines of action which are desirable in terms of the objectives and values of our society (Bowen, 1953). Over the subsequent decades, CSR definitions, practices and adoption of CSR expanded immensely. Philosophies...